Selling a car in the UAE can be a serious challenge, particularly for car sellers who do not have previous experience in selling vehicles. First time car sellers are usually not aware of the mistakes they need to avoid, which can make it difficult to find a buyer and increase the risk of financial loss.
To sell a car quickly and hassle-free, it is important to carefully plan everything to avoid any miscalculations that would have a negative impact on the selling process. From determining the value of a vehicle through a professional car valuation platform to getting all the necessary documents ready, car sellers should plan and manage everything carefully to get a good resale value for their vehicle.
Given below is a list of 5 major mistakes to avoid while selling your car in the UAE.
Not Getting a Vehicle Ready Before Selling it
A car that is clean and looks good is likely to attract more buyers and rake in a higher price than an ill-maintained vehicle. This is because a well-maintained car is a sign that the owner has taken good care of the vehicle and has tried to keep its appearance clean.
Not getting a car ready for the selling process is one of the most common mistakes made by car sellers. A little bit of effort at this point can go a long way in helping increase the resale value of the vehicle as well as finding serious buyers. The following are a few tips to get your car ready for selling:
- Vacuum the interior of the car
- Remove any personal belongings
- Wipe down the seats with a car seat fabric cleaner
- Wash the wheels and hubcaps
- Remove any stains in the interior of the car
- Wipe away any food residue or liquid stains in the cup holders
Overdoing the Repairs
While repairing the car’s internal and external flaws can increase the resale value of the vehicle, it is important to weigh the benefits against the cost of repairs. If the cost of repairs surpasses the total value of the vehicle, then it would be better to avoid going for such repairs. The ideal way to go about this would be to focus on smaller repairs that would not cost a lot but would have a positive impact in improving the overall appeal of the vehicle. Given below is a list of possible repairs that car sellers can consider fixing:
- Broken head or taillights
- Dead battery
- Bad alternator
- Loud or noisy brakes
- Loud squealing belts
- Dents and Dings
- Scratches
Ignoring the Importance of Professional Evaluation of a Vehicle
One of the most common mistakes made by car sellers is having no idea of the resale value of their vehicle before putting it up for selling. Regardless of whether the car is being sold individually or as part of a trade-in deal, it is important to know the worth of the car to avoid risk of monetary loss. Professional evaluation through an online car valuation platform can help car owners determine the actual market value of their vehicle. This would decrease the risk of selling the car at a price lower than its actual market value.
Not Preparing Well to Negotiate with Potential Buyers
For first-time car sellers, it is very important to master the art of negotiation. This is specifically relevant when selling a car through dealerships or classified websites. In both these cases, potential buyers would attempt to negotiate a price that is lower than the resale value of the car. For inexperienced car sellers, this can become a source of major financial loss. Therefore, car sellers should prepare well to negotiate the price they want and should set a minimum selling price.
Given below are some important tips that can help car sellers in negotiating for a vehicle’s fair resale price:
- Be honest about any damage to your car but avoid pointing it out yourself if the buyer does not ask about it.
- Do not hesitate to turn down offers if they don’t match your expectation.
- Let the buyer first decide what he/she will be willing to pay and avoid taking the first step in this regard.
- Make the interested buyers realize a sense of urgency during the vehicle’s viewing and let them know that you have other interested buyers to meet later in the day.
- Do not get intimidated by the arguments given by a buyer to drop the price of your vehicle. Set a minimum price and provide details about the prominent features of your vehicle that justify your desired price.
As evident, repeated negotiations with no guaranteed purchase can be a huge hassle for car sellers. This is where professional car buying companies can be of great help, as they provide a quick and hassle-free platform to sell cars.
Not Choosing the Right Platform to Sell a Used Car
Perhaps one of the biggest mistakes made by car sellers is not choosing the right platform to sell their car. Car selling in the UAE can be very tricky, especially for those who have no prior experience in this field. That is why selecting the right platform can make life a lot easier for car sellers. There are three common methods for selling a used car in the UAE. These include car dealerships, classified websites and professional car buying companies. First-time car sellers may find it confusing to choose a platform that would give them an honest valuation of their vehicle and allow them to sell their car quickly and hassle-free.
Car sellers who opt for car dealerships should be careful as it can be difficult negotiating a fair resale price with dealers. Since dealers have a lot more experience in this field, they can easily convince car sellers to settle for a price lower than the actual market value of their vehicle. Another issue with selling through car dealerships is that they often buy cars of specific brands only.
Classified websites are another common method for selling used vehicles in the UAE. However, this method is not reliable as it involves dealing with unknown buyers and an undefined time frame for selling cars. It could be weeks, if not months, before a serious buyer is found through a classified platform. In addition to that, there is no guaranteed purchase, even after several rounds of negotiations and inspections. What makes matters worse is that there is a serious risk of fraud or financial loss in selling through the classifieds.
The safest and most trustworthy way of selling a car would be through a professional car buying company. Such companies have a simple and hassle-free process that makes it easy for inexperienced car sellers to get the best value for their used vehicles.
How SellAnyCar.com can Help in Selling a Used Car in the UAE?
SellAnyCar.com is the largest car buying platform in the UAE that provides the ideal way to sell used cars in a hassle-free manner. The company offers a quick and convenient process for selling vehicles in the UAE at a fair price. On top of that, any used vehicle can be sold to SellAnyCar.com in just 30 minutes, regardless of the make, model, condition and age of the vehicle. SellAnyCar.com is a reliable platform for selling used vehicles as it offers guaranteed purchase of every vehicle that undergoes inspection by its experts. In addition to that, the company also takes care of the post-sale paperwork, saving a lot of time and effort of the sellers.
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.