Selling a car is a significant decision that requires careful planning, especially in the dynamic and vibrant market of the United Arab Emirates (UAE). Timing plays a crucial role in determining the success of your sale and the price you can fetch for your vehicle.
Whether you’re an expat leaving the country or a local looking to upgrade, understanding the best time to sell your car can make a substantial difference in your financial outcome. Before selling your car, there are some steps to be followed to ensure you get the maximum price for the car.
Resale Price Of Your Car
Before you sell your car, it’s crucial to know how much it’s worth if you want to get a good price. You can use standalone car evaluation online tools that give you an honest estimate of your car’s value. These tools are trustworthy and provide a fair assessment of what your car should sell for. To get an accurate idea of how much your car is worth, you can check the DubiCars’ free car valuation tool. It will help you figure out the best price you can ask for your car.
Checking The Condition Of Your Car
The physical and mechanical condition of your car plays a major role in deciding the sale price of your car. We recommend fixing up any small issues and making the car look as fresh as possible. Tasjeel centres in UAE can help fix up your car and also they provide an inspection certificate, which you can show to buyers as a car evaluation report. A well-maintained car not only fetches a higher price but also attracts more buyers.
If your vehicle is under finance, then we recommend a different approach to selling your financed car in the UAE.
Where To Sell Your Car?
Finding the right buyer can prove tricky. Through DubiCars’ Sell My Car section, you can effortlessly list your car and swiftly locate a potential buyer. The process is simple and free of charge with no hidden costs.
For those seeking a quicker sale, DubiCars provides attractive packages, starting at just AED 149, that enhance your ad listings. This enables you to connect with an expanding community of 1 million monthly enthusiastic car buyers. Now that we got all the preparation steps out of the way, let us now discuss when is the best time to sell your car in the UAE.
Seasonal
Starting with the simple one, to optimize your car’s sale in the UAE, avoid the holiday season when potential buyers are scarce due to travel. Around Ramadan and Eid, the market slows down, as numerous residents travel during this period.
Instead, focus on the months when there’s comfortable weather conditions, and prominent events are plenty. By aligning your car sale with these factors, you can ensure a more successful and lucrative car-selling experience. If you are looking to buy a car from a private seller, then here is a complete guide to making a safe transaction.
Offers Period
In the UAE, dealerships often announce attractive offers for new and used cars. This includes Low EMIs, extended warranty packages, zero down payment options for select cars, and even complimentary insurance policies. These exceptional deals typically coincide with the holiday season.
Amidst these attractive offers, potential buyers are less inclined to consider alternative offers. It is advisable to refrain from selling your used car during this period, as you will not end up getting the right price for your car. Before going ahead with selling your car, it is better to know a couple of general terms associated with the car.
Car’s Warranty
Make sure to keep track of when your car’s warranty will end. If you bought your car from a UAE manufacturer, it probably came with a warranty that lasts for at least three years. If you’re planning to sell a car that still has a valid service contract, it’s a good idea to do it soon. Having an active warranty makes your car more attractive to buyers compared to one without a warranty.
This often leads to better offers from many potential buyers. People who want to buy used cars usually prefer ones that come with a warranty. It shows that the seller is being honest about any hidden problems that the warranty doesn’t cover.
New Model Launch
- Find out when the newer version of your car is going to be released.
- To get a good deal, sell your car before the new model comes out.
- Car manufacturers usually launch generational updates for all cars once in 5-6 years.
- Older models lose value as they become outdated.
- It’s best to sell your car before the manufacturer changes the shape of the new model.
Not all cars lose value when they are old. If the car you are selling is deemed a classic car, then it is an entirely different scenario. Some classic cars only appreciate in value over the years. Here are all details about Classic Car Registration in the UAE.
Take Your Time
Rushed sellers often feel sorry later as they get less money than their car’s actual value. Look up car values online before selling. Do research before selling your car, which can be done by checking ads on the right websites. When you find a buyer, make sure to agree on a deal that works well for both of you.
If you are looking to buy a car, check out used cars on sale in the UAE and new cars on sale in the UAE.
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