When it comes to selling used cars in UAE, you can be successful and get a good price. Why? Well, having a vehicle of your own has become a necessity in the emirates. Also, since the country welcomes ex-pats at a large scale, they need to have an affordable car to fulfill their transportation needs as every one may not live within close access to public transportation.
If you have a knack for buying cars and then selling them off to get a new one, then it is an investment for you. Thus, you need to make sure that you get the right one. You must take all aspects into account that buyers look for while buying a car.
Know Everything There is to Know
Once you put up an ad for your car, people are going to ask you tons of questions. So, you should be able to answer each of them. Even if you are not a car whizz, you should know everything about the car such as its mileage, the kind of engine, safety features, and speed of its transmission. Also, be realistic about the number of miles on the car and whether it needs any possible repairs. You need to be honest and upfront about the worn parts as well. You can either get your car fixed up before selling or sell it for a lower price.
Setting the Right Price
You should set the right price for your car. Sure, you would want to make some money. However, you should ensure that it is reasonable. When you price your car too high, you are going to get ignored by many potential buyers.
Pricing it too low will get you a lot of queries and a good response. But you won’t be able to make a lot of money. You would have to do some research to determine the right price for your car. Look around your area for similar cars and similar condition and mileage. If your car doesn’t have some features like them, you will have to list it down. If your car has something unique, you can bump the price within reasonable limits.
However, if you plan to sell your car in the future, see that you don’t put a lot of extra glitz into your car, crazy paint job, or other wild modifications. It may not appeal to all buyers and can lower your car’s price as well.
Writing the Ad
When it comes to writing the ad, make sure that you have covered all the basics. Prepare the listing keeping in mind car buyers might be interested in knowing. The listing should include:
- Year, make, and model of the car
- Any known repair or maintenance problems
- The miles it has
- Gas mileage
- Availability of maintenance records
- How can buyers contact you (via cell phone or email)
- The asking price
A picture is worth a thousand words. No matter how good of an ad you write, you still need to show your car. See that you get it photographed nicely and take a lot of pictures both from the outside and interiors. Be very thorough. Show all the details like headlights, tires, radio, dashboard, and steering wheel even.
Be very thorough when you’re cleaning your. Getting it deep cleaned can prove to be a better idea. Also, throw out all trash and personal items. Vacuum the carpet using simple water and car wash liquid to clean the interior. Last, throw in some air freshener. Get the car waxed and the wheels polished.
Mode of Payment
Buying a car is a big purchase. Not all buyers may have that kind of cash available. So, you need to be comfortable with the kind of payment you are willing to accept for your car. Also, you should be beware of scams or fraudulent payments. If you are selling your car online, there are a few sites that can handle the payment for you. This offers you some protection but they will take a percentage of the money.
Some sites do not handle payments, so you need to do everything yourself. Do not hand over the keys until you have received the payment. If one wants to pay via check, do not hand it over until it gets cleared.
After listing your car online with great clicks, interested buyers shall start contacting you. Get all the necessary paperwork in order. The most important thing is the title that is evidence of your ownership and proves that you can legally sell the car. Also, a bill or receipt of the sale that shows that the buyer has bought from you.
Take Down the Ad
Once you have sold the car and received the money, do not forget to take down the ad or mention that it has been sold. Also, if your car has insurance, cancel it right away.
The above tips apply to both regular and luxury cars in the UAE and ensure that you get a good deal.