The Growing Trend of Used Cars in the UAE: What Buyers Should Consider
The Growing Trend of Used Cars in the UAE: What Buyers Should Consider
Blog Article
Over the years UAE has become a global hub for business and tourism. The growth of its economy has also been accompanied by a growth in the automotive sector, and in particular, the used car segment.
The used car market in the UAE is thriving and attracts both residents and expatriates. The reasons for UAE’s thriving used car market are many. These include;
An affluent population that includes residents as well as expatriates with substantial purchasing power and an attraction for luxury vehicles.
- Rapid depreciation of new vehicles due to UAE’s hot climate making investing in a used car extremely cost-effective.
- Great diversity in automotive preferences due to the UAE’s large expatriate population from various countries has also boosted the used Vehicle market in the UAE.
- The used car market in the UAE is government-regulated, ensuring transparency and fairness. This has given prospective car buyers and sellers greater confidence and has promoted market growth.
- With the advent of online marketplaces for used cars it has become much easier for buyers and sellers to connect online.
However, as with any transaction involving a large financial investment, car buyers in the used car market in the UAE must tread with caution. We list a few aspects buyers should consider before investing their hard-earned money in a used car.
Things to do before purchasing a used car in the UAE
- Explore
Find the time to explore the used car market in the UAE and all the options before you. Compare similar models of different car brands for benchmark quality and pricing. Evaluate the features of each model and determine which one best suits your needs.
- Specifications
Examine the car specifications to find out if it has GCC or foreign specifications. A car with foreign specifications will have a much lower resale value in the UAE used car market than a car with GCC specifications.
- Odometer reading
Get the vehicle’s odometer reading and verify its original mileage. Validate the vehicle’s service records to eliminate the possibility of mileage rollback fraud. This involves tampering with the odometer to roll back or reduce the displayed mileage. However, with the vehicle’s service records, you can find out its true mileage since the mileage figures are also recorded on the service bills and receipts.
- Thorough checkup
A vital step you need to adopt before buying a used car is getting it checked by a trained and experienced mechanic. A trained mechanic will be able to identify any hidden problems with the vehicle and minimize the risk of fraud. You can also avail of inspection services from reliable car dealerships who will provide you with an inspection certificate once the inspection is complete. A comprehensive inspection helps prevent future problems with the vehicle.
- Legal examination
Get a legal inspection done on the vehicle by procuring the vehicle history report and checking if it has been in any major car crashes or sustained damage in a natural calamity. Check for any insurance claims on it, as this can significantly impact the car’s price. Besides this will protect you from being scammed into buying a car that has been declared a total loss by insurance. Such vehicles are generally sold without a paper trail so ensure you get all the paperwork and documents from the seller before you finalize the purchase.
- Warranty and customer support
Ask the car dealership about warranty coverage for the used car. A warranty provides you with a sense of security and peace of mind regarding any repairs or replacements that may arise with the vehicle in the future. Many car dealerships also offer administrative support for completing the documentation related to the transfer of ownership. They will help you pass the RTA inspections and get registration with an insurance company. These legal processes must be handled correctly, as any mistakes will prove to be costly in the future.
A car has become a necessity in today’s world and the same is true for the UAE. The rising demand for used vehicles is attributable to their affordability and high quality. However, adopting certain precautions while shopping for a used car UAE will ensure you safeguard your interests and make a well-informed purchase.
AUTO LEVEL — A HIGH-END PRE-OWNED CAR DEALERSHIP IN THE UAE
We are Auto Level, a prominent new and used cars dealership in UAE. Rely on us for your pre-owned car purchase in the UAE. We have superior quality luxury cars in our inventory and extremely affordable prices. Our vehicles have all been thoroughly tested unexamined for any hidden problems and issues by trained and experienced technicians, so you don’t have to worry about getting the vehicle inspected. All our vehicles are backed by a 7-year warranty and service contract testifying to superior quality and condition.
We have other exciting offers in store! Just give us a call at 80053835 and schedule a test drive today! Report this page