Selling a car in the UAE can be challenging, but with the right strategies and techniques, you can get a good offer and sell your car. If you are selling your vehicle for the first time, it’s essential to be aware of the different ways and procedures involved to maximize your profit. You need to stay updated and well-informed about every step and pay attention to small tips and details to close a deal successfully.
In this blog, we will share a detailed procedure and different ways of selling a car that will help you efficiently sell your car in the UAE. So, let’s dive in and make sure you get the best deal.
Prepare Your Car for Sale
Preparing your car for sale is the first step toward a successful sale. The appearance of the vehicle plays a vital role in making a good deal. The first impression can be the deciding factor in determining your car’s sale value. Therefore, preparing your vehicle is crucial, whether it’s about the aesthetics or the mechanical system, including maintenance, repairs, and cleaning.
It is essential to clean your car thoroughly from both inside and outside. Take your vehicle to a mechanic nearby, pay for all the maintenance and repair costs, and get your vehicle revitalized. Fix minor issues, thoroughly wash your car, remove scratches, change the tires, and upgrade the mechanical parts of your vehicle. This will not only increase your car’s sale value but also improve your chances of an instant sale.
Check Market Value
To set the right price for your car in the UAE, it’s essential to research its market value. You can do this by comparing your car with similar make and models listed on various websites. However, to get accurate information, it’s advisable to consult a dealership or car experts for a car evaluation. They can provide you with an estimated value of your car based on its condition, mileage, and other factors.
Moreover, some dealerships offer automobile inspection services in addition to value evaluation. So, it’s a good idea to take your car for a detailed inspection to get an accurate value and ensure that you are not overpricing or underpricing it. This will help you set a competitive and realistic price for your car that can attract potential buyers and help you sell it quickly.
Sell Your Car to the Right Platform
After setting the market value of your car, the next thing to consider is advertising it through the right platform. There are three different ways to sell your car in Dubai, each with pros and cons. The options are listed below.
Private Selling
Private selling includes putting advertisements online with detailed car specs and features, along with pictures of your car from every angle. Be sure to include explicit contact information and respond to queries on time.
Dealership Selling
There are multiple car dealerships in Dubai where you can sell your car if you want a quick and hassle-free transaction. They handle the entire selling process for you. It is a standard and most convenient option to sell your car in Dubai.
Selling to Company
Selling your car to a company is also a viable option in Dubai. Car-buying companies buy your vehicle on the spot and transfer the money to your bank account. In this option, you take your car to the company, which inspects its condition and offers a fair price based on its value.
For more details, read our blog: 3 Ways to Sell Your Car in the UAE.
Offer a Test Drive
Once you have identified a potential buyer for your vehicle, it is essential to offer them a test drive. A test drive not only helps the buyer build trust in you but also provides them with the opportunity to experience the vehicle firsthand. This experience can be a deciding factor in the buyer’s decision to purchase the car.
However, it is crucial to ensure that the test drive is offered only to those who hold a valid driving license and are genuinely interested in buying the car. It is also advisable to set specific conditions for the test drive, such as accompanying the buyer in the vehicle to ensure safety and determining a particular route to restrict the driving distance.
Next, negotiate the price after the potential buyer has thoroughly inspected the vehicle and is satisfied with its condition. Negotiating is a critical step in selling your car. It is essential to reach a deal that benefits both parties and provides a fair price for the vehicle. With effective negotiation, you can maximize the chances of a successful sale while ensuring that you receive a reasonable price for your car.
Prepare Documents
After everything is finalized, it is time to transfer the car ownership to the buyer’s name. To do so, visit the Road and Transport (RTA) office in Dubai with the buyer and bring all the listed documents to complete the transaction.
- Car insurance copy
- Registration card
- Valid Emirate ID (original & copy)
- Valid Emirates passport (original & copy)
- RTA vehicle Test
- Vehicle inspection report
- Emirates driving license
- UAE residence visa
The documents required by the buyer include;
- A valid driving license
- UAE residence visa
- Passport
- Emirates ID
Arrange these documents to ensure a smooth car sale in the UAE. Additionally, if the buyer is from another emirate, he must bring a residence visa to that emirate.
Secure Payment Transaction
To ensure a safe and secure payment transaction, we recommend meeting the buyer in person at a specific location, preferably in a public place or under the supervision of authorities. It’s essential to ensure that the area where you meet has security cameras installed. Additionally, it’s recommended that you transfer the vehicle to the buyer only after you have received the payment.
Some Additional Tips
If you are planning to sell a car in Dubai, there are several legal and practical considerations that you should keep in mind.
- If you’re buying a car in installments, make sure to clear all the outstanding dues first. As per the RTA, it is illegal to sell a vehicle in Dubai if you have not cleared out the loan from the bank.
- Make sure all the fines and penalties are paid off before selling the car to the other party.
- Remove the Salik tag from your vehicle before transferring the ownership, or you will be paying for it whenever the car passes the toll gate in Dubai.
- You need to remove the insurance of the vehicle, or you can transfer the car to the buyer’s name only if there are more than seven months left of the insurance agreement or if the insurance company agrees.
- The authorities strictly prohibit the use of advertisements or stickers on or inside the vehicle. Doing so will result in your car being impounded.
- You need to pay AED 100 for a vehicle transfer fee to the RTA.
Conclusion
Selling your car in Dubai can be a straightforward process if you have the correct information and guidelines. This comprehensive blog will guide you through the process of selling your vehicle right from the beginning to the end, ensuring that you make a profitable sale. It is essential to take the time to make informed decisions, choose the right selling platform, and carefully consider the terms and conditions set by the RTA in Dubai before you sell your car in the UAE to a trusted buyer. We hope you find this blog and the tips provided helpful in successfully selling your car.
Also Read: When is the best Time to Sell Your Car in the UAE