The used car market in the UAE is huge and selling a used car can be a daunting challenge for sellers. Inexperienced car sellers can even find it more difficult to quickly sell a car. To make things easier, sellers need to be careful about certain factors that affect the car selling procedure. These factors include determining the value of the vehicle, risk of financial loss, ideal platform for selling, and paperwork involved.

Sellers may be interested in selling the vehicle through popular platforms such as classifieds, car dealerships and specialist car buying companies. It is essential to choose the right platform to avoid challenges including difficulty in price negotiations. Specialist car buying companies are the ideal way to avoid the hassles of selling a used car, thanks to its simple car selling procedure and safe payment method.

Here is a detailed comparison of all the options available so that sellers can choose the best platform.

Comparison of Popular Car Selling Options Available

The used car market in the UAE is diverse and there is a variety of platforms available through which sellers can sell a used car. The popular options include car dealerships, classified websites and specialist car buying companies. However, sellers must evaluate the advantages and disadvantages of all these options before choosing one platform.

Also read: Key Steps Inexperienced Car Sellers Must Follow When Selling a Used Car

Car Dealerships

Car dealerships have been providing their car selling and buying services for decades. These dealerships are a common way to sell a used car in the UAE. With years of experience in the market, car dealerships can quickly wrap up the car selling deal. However, inexperienced car sellers may find it difficult to deal with car dealerships. Dealers are experienced in negotiating lower than market prices for the vehicles they purchase that would result in a financial loss for the seller.

In addition to this, sellers are often offered a trade-in deal by dealerships. A trade-in deal refers to selling the vehicle and buying a new one from the same dealer in a single transaction. The net difference between the two payments is settled in a way sellers might get a discount on the purchase of a new vehicle but sell the used car at a lower price. Car dealers are the only party that benefits from this deal. Therefore, sellers are advised to avoid a trade-in deal instead, they can sell and buy the vehicle in two separate transactions.

Also read: Important Tips to Sell Your Used Car Quickly

Classified Websites

Classified websites are online selling sites that car sellers can use to sell a vehicle. Internet access has made it easy for sellers to use these websites even from the comfort of their home. However, selling a used car through classifieds comes with multiple challenges such as the potential risk of a car scam. The users on the platform are not screened so there is no way to authenticate the identity of the interested buyer so car sellers may be tricked by a fraudster. As sellers need to provide their contact details on classifieds so that interested buyers can approach them, they may have to respond to endless queries and inspection requests. Dealing with strangers poses a serious privacy risk and it also makes the car selling process extremely frustrating with no guaranteed purchase of the vehicle at the end.

Sellers need to consider several factors when selling a car through classifieds. These factors include taking pictures, determining the value of the vehicle, and writing a description in the advertisement. This might consume a lot of time of sellers and result in unnecessary delays.

Classifieds do not have any proper mechanism to determine the value of a vehicle. Car sellers need to price the vehicle themselves. Sellers who have limited knowledge about the car market may resort to price comparison with vehicles that are listed in the similar category as their vehicle. This criterion can be misleading, and car sellers may end up with an exaggerated price for their car. This makes it difficult for sellers to negotiate the right resale price of the car. In addition to this, there is no safe payment gateway on classifieds that makes them a relatively unsafe platform to sell any car.

Also read: Advantages and Disadvantages of Selling a Used Car through a Specialized Online Marketplace

Specialist Car Buying Companies

Specialist car buying companies offer the best way to sell any used car in the UAE. A specialist car buying company purchases any used vehicle, regardless of its make, model, or year. In addition to this, the company follows a safe payment method to ensure the safety of the car selling deal.

Therefore, when sellers are trying to sell a used car in the UAE, it is important to evaluate the advantages and disadvantages of multiple options before making a final decision.

Which is the Ideal Way to Sell a Used Car in the UAE?

Specialist car buying companies are the ideal way to sell any used car in the UAE. The car selling process of these companies is straightforward, beginning with a free online car evaluation. The entire process of selling a used car to the company just takes 30 minutes.

Sellers can sell any type of used car to a specialist car buying company regardless of its condition in a hassle-free way. The company has a simple and non-obligatory two-way car evaluation procedure. The first step includes an online car evaluation of the vehicle through the online car evaluation tool. This tool is simple, and sellers can use it to evaluate the starting price of the vehicle by entering basic information about the used car such as model and make.

After the car valuation, car sellers can move on to the second step that includes a physical inspection of the vehicle. If sellers like the potential price provided by the car valuation tool, they can book an appointment with the car expert team of the company for the physical inspection of the vehicle. After the vehicle has been inspected, car sellers find out the final offer for it.

A specialist car buying company puts zero obligations on sellers, so they are free to decide if they want to sell the vehicle or not after the evaluation. If the final price is acceptable for sellers, a sales agreement is signed between both parties and the title of the vehicle is transferred in the company’s name. The company ensures enhanced safety of the car selling procedure and pays sellers through an electronic bank transfer. The post-sale paperwork is also handled by the company.

Therefore, specialist car buying companies offer unmatched services to sellers that are authentic, safe, and transparent. If sellers want to sell a used car quickly to upgrade their car lifestyle, a specialist car buying company is the ideal way to get the best car selling deal.

Planning to sell your old car then BuyMyLuxuryCar.com can be the right place to sell your used car. Get a free valuation of your car for sale to know the best price of it.