For buying a new car, a buyer can replace his used car in UAE from a new one which is also known as trade-In. This is a simple process in which you get rid of your old vehicle and get a new one. Many car buyers prefer the trade-in option when buying a new car. However, trade-in is not always beneficial. In this blog, we will talk about some pros and cons of trade-in process in order to guide the car buyers to make a healthy decision for selling their used car and buying a new one.

Pros of Trade-In

Usually, trade-In is a common way of selling a used car and buying a new one in UAE because many car buyers want to save time, effort and money. Here are few positive aspects of the Trade-In process.

Trade-In Saves time and effort

The dealer handles the entire process when you trade a used car in UAE for sale which saves time. The car customers don’t need to worry about the selling of the old car and then buying a new one because trade-in saves your effort.

Full price of new car is cut down

The price of a new car is adjusted with the old car value. In this way, car buyers don’t need to pay full price for buying a new car.

Also read: 4 Best 2016 Hybrid Cars for Sale in UAE

Cons of Trade-In of a used car in UAE

There are many drawbacks of trade-In which show it is not always a beneficial process. Below are mentioned few cons of trading in your cars:

Car Dealers offers low prices for used cars

The car dealers offer low price for the old car and smartly takes maximum profit margin from the trade-in. As there are two transactions taking place in trade-in, selling an old car and buying a new one, so dealers take the benefit from both transactions.

Trade-in bounds to buy a new car

The Trade-in option bounds you to buy the new car from the dealer which limits you to choose a car from limited variety present at a specific car dealer’s showroom.

Our Verdict

We have discussed pros and cons of trade-in of a used car in UAE. Choosing a right platform to sell your car and then going for the new one is possibly a better option but the trade-in option can still be opted for as it gives you an option to pay less for the new car.

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.