Are you considering selling your vehicle in the UAE? We can comprehend every car owner requires an upgradation after some time, or maybe some extra cash to purchase their favourite beast. If that’s the case, fret not. We’re here for your assistance.
Perhaps selling a car may be crucial, especially if you’re unaware of the process or the essential parameters to look for before selling your car in the UAE markets.
Below, in this guide, we’ll shed light on the best possible ways to sell your car in the UAE rapidly as well as its best value.
Ready to explore? Let’s dive in!
Essential Steps to Watch Out for Before Selling Your Car
Here is a checklist you can review before trading your car in UAE markets.
- Eradicate the Salik Tag
If your vehicle has a Salik tag installed for toll gate access in the UAE, it’s crucial to remove it before selling.
Leaving it behind could result in the new owner using your account, thus, causing balance deductions in the long run.
- Clear Fines and Loans
To facilitate a smooth transfer of ownership, settle any remaining fines, such as speeding or parking tickets, as well as any existing bank loans associated with the car.
Failure to do so might impede the vehicle’s ownership transfer through the RTA.
- Conduct a Comprehensive Inspection
Before transferring ownership, arrange for an RTA inspection to ensure the car meets all safety standards.
Address any necessary repairs, including minor and major issues, to pass the inspection seamlessly.
- Review Your Car Insurance
It’s essential to either cancel or transfer your car insurance to the new buyer.
Transferring is an option if you have at least seven months remaining on your current policy.
If your policy qualifies, you may also inquire about a refund for any outstanding seven or more months.
- Service Your Car
Before trading your car, it’s best to enhance your car’s aesthetics to attain best value afterward. Therefore, invest in professional cleaning and servicing for your car.
This ensures optimal fuel efficiency, increased mileage, reduced breakdown risk, and maximized resale value when it’s time for the exchange.
Three Effective Methods to Sell Your Car in Dubai
Typically, you can sell your car efficiently via one of these ways mentioned below.
- Sell Your Car to a Car Buying Company
If you’re looking for a swift and hassle-free sale, consider selling your car to a reputable car buying company.
Firstly, you need to discover the best company for your car dealing. Afterward, check your car’s value on the website. If the price suits you, schedule an inspection with them.
Lastly, finalize the deal by signing their RTA-approved sales vehicle agreement.
Pros
- Convenient payment options.
- Streamlined paperwork handled by the company.
- Time-efficient and cost-saving.
Cons
- Non-operational or severely damaged cars may not be accepted.
- Trade Your Car at a Dealership
Opting to trade your car at a dealership is another viable option. Most of the dealerships in the UAE often provide this service. Hence, you can consider connecting with them to acquire the best value for your vehicle.
This approach eliminates the need for personal advertising and minimizes the selling process duration.
Pros
- Swift transaction process.
- Dealer assistance in securing transportation.
- Direct access to a network of auto dealers.
- Dealer support with paperwork.
Cons
- Your vehicle may be sold on consignment.
- Trade-in prices may be lower.
- Not applicable to cars purchased via bank financing or with outstanding payments.
- Privately Sell Your Car Online
If you prefer a more hands-on approach to selling your car, consider private online sales.
By posting advertisements on various online car marketplaces, you can find out numerous potential buyers.
This method enables you to secure the full sale amount and often fetches a competitive price for your car with minimal associated costs.
Pros
- Potential for a higher selling price.
- Direct interaction with buyers.
- Minimal transaction costs.
Cons
- Requires independent management.
- Coordination challenges with potential buyers.
Apart from the methods listed above, you can sell your car privately in UAE with the help of the following methods.
Selling Your Car Privately in Dubai – Best 5 Ways to Sell Your Car in UAE Effortlessly
- Price Your Car Right
Determining the accurate value of your car is crucial to attract potential buyers and secure a favorable sale.
Overpricing may deter buyers, while underpricing might lead to a quick sale at a lower price. Thus, striking the right balance is essential.
- Capture High-Quality Photos
Present your vehicle in the best possible manner as you can.
Take clear and appealing photos, including shots of the front and rear from both sides, the interior (front and rear), and a wheel close-up.
- Provide Comprehensive Car Specs
When listing your car, include detailed information about its specifications and options.
Make sure to inquire about the vehicle’s specs. If there are faults, dents, or scratches, mention them in the description.
Consider getting an RTA test done for transparency.
- Avoid In-Car Advertisements
To stay on the right side of the law, refrain from placing any paperwork or advertisements inside or on your vehicle indicating it’s for sale. Instead, utilize online platforms for listing.
- Facilitate Test Drives
When potential buyers want to view and test drive your car, meet them in person to confirm their genuine interest.
Ensure they possess a valid UAE driving license, as UAE insurance typically covers the vehicle only for licensed drivers.
Plan a predefined test drive route in a quiet, spacious area, and address any existing damages beforehand. Never allow the buyer to drive alone for security reasons.
By following these steps, you’ll be well-prepared to sell your car privately in Dubai.
Bottom Line
Selling a car can sometimes seem daunting, but it doesn’t have to be. With the right guidance and valuable tips, you can streamline the process.
If you’re seeking a hassle-free and secure way to sell your car or considering vehicle renewal, your search ends here! Get in touch with us at Renewmycarregistration, and entrust your car-related needs to us.
We’re here to assist you every step of the way.