It is important for car owners to have a flexible budget whenever they decide to upgrade their used car to a new vehicle. Selling a used car at a fair price can help in having a flexible budget, which can make it easier for car buyers to buy a new vehicle according to their requirements from a wide variety of options available. It is, however, not a straightforward job to sell a used car at a fair price in the UAE as it requires car sellers to pay careful attention to a number of factors affecting used car prices and choosing the right platform for selling their vehicle.
The private selling of a used car can have a toll on anyone, especially the inexperienced or first-time car sellers. It is of utmost importance for car sellers to find a reliable platform for selling their used cars as it can play an important role in obtaining a fair resale price.
Finding the right platform to sell a used car can also make car selling process comfortable and hassle-free. Car sellers need to compare the advantages and disadvantages of different available options and select the best platform for selling their used car in the UAE.
Importance of Having a Flexible Budget while Buying a New Vehicle
Having a flexible budget to buy a new vehicle in the UAE offers car buyers an opportunity to make a choice across various car segments and car models according to their commuting requirements and living style. There are many people who frequently change their vehicles and it is important for such car owners to sell their used cars at a fair price to have a flexible budget for upgrading to a new vehicle.
Also read: 5 Common Mistakes to Avoid While Selling a Car in the UAE
Factors affecting the Resale price of a Used Car
There are various factors that can play a major role in determining the market value of a used car. Car owners should give attention to these factors to be able to sell their vehicles at a fair price, which will allow them to have a flexible budget for buying a new vehicle.
Listed below are the factors that impact the resale value of a used car:
Regular Vehicle Maintenance
It is important for car owners to maintain their used vehicles regularly in order to obtain a good resale price for them. Well-maintained vehicles can be sold at competitive prices as they can attract the attention of potential buyers. People who like to upgrade their vehicles frequently should keep a check on their vehicle’s mileage and regular maintenance. This can play a major role in obtaining a fair market price for a used car. One of the best practices in this regard is to have complete record of vehicle’s service history. This can have a good effect on the resale value of a vehicle as it will show the buyer that the vehicle has been maintained well over the years.
Assessment of a Car’s Actual Market Price
It is essential for car sellers to know the actual market value of their used vehicle as this information can help in finding a potential buyer easily. For this purpose, a used car should be evaluated by an automotive expert who can provide car sellers with a fair idea of the market value of the vehicle. Car sellers can also use the online car valuation tool of a well-reputed company to know the market value of their vehicle.
Also read: 20 Reasons why you save Real Money with SellAnyCar.com
Finding the Right Platform to Sell a Used Car
There are two reliable options for car sellers to sell their used cars in the UAE. Car sellers can either sell their vehicle to professional car dealers or they can opt for specialist car buying companies. Selling a vehicle to professional car dealers is always tricky as dealers can potentially convince sellers to sell their used cars at a price that is below the market value of the vehicle. Dealers have many years of experience in the used car market and they can easily trick inexperienced car sellers to buy their vehicles at a low price.
Additionally, dealers tend to offer car sellers the trade-in option in an effort to convince them to exchange their used car with another vehicle by settling the difference between two payments. The trade-in option is never a good choice for sellers as it can limit their financial gains as well as available options for buying their next vehicle.
On the other hand, selling a used car to specialist car buying companies can be beneficial. These companies follow a hassle-free process to buy a used vehicle and offer the best possible resale price for it.
The Best Way to Sell a Used Car in the UAE
Selling a used car to specialist car buying companies is arguably the best way to sell a used car in the UAE. Specialist car buying companies offer a fair resale price for the used car, which can help customers in setting a flexible budget for buying another vehicle. SellAnyCar.com is the largest car buying company in the UAE that enables car sellers to sell any used vehicle, regardless of its age, make, model or condition in just 30 minutes.
The car selling process starts with a free evaluation of the vehicle through the company’s online car valuation tool. The online car value calculator only calculates the average market value of the vehicle based on the information submitted into the car valuation form. After online car valuation, car sellers need to book an appointment and bring their vehicle to a nearby branch of the company for its physical inspection.
A team of experts evaluates the residual value of the vehicle and offers a price to the car seller. If the seller likes the price, he/she can sell the vehicle to the company, however, if the seller doesn’t want to sell the vehicle at the offered price, they can simply walk away without paying any fees for car valuation and physical inspection.
If the seller agrees to sell the vehicle, a sales agreement is signed between the company and car owner while SellAnyCar.com’s team completes the post-sale paperwork. The payment against the value of the vehicle is made through electronic bank transfer. This is how car sellers in the UAE can sell their used vehicles at the best possible resale price and can have a flexible budget for buying another vehicle.
If you are looking to sell your used car to buy a new one with advanced safety features and improved performance, then don’t forget that with us, you can sell any used car in just 30 minutes while all the post-sale paperwork is handled by SellAnyCar.com’s team.
