Ramadan is regarded as the holiest month of the Islamic calendar. Muslims in the UAE and across the globe fast every day from dawn to sunset during the holy month of Ramadan. The holy month of Ramadan is also significant for people in the UAE as a lot of deals and discounts are announced on new cars by professional car dealerships and auto manufacturers.
The amazing car deals range from massive discount offers on selected car models to deferred payments and extended warranty plans for new vehicles. The holy month of Ramadan offers an excellent opportunity to people in the UAE to upgrade their used cars to new ones. While buying a new car becomes a lot easier during Ramadan, selling a used car becomes extremely difficult for used car sellers.
The highly competitive used car market of the UAE poses a serious challenge, especially for inexperienced car sellers who can find it difficult to negotiate a fair price for their used cars when dealing with professional dealers and potential buyers. The COVID-19 pandemic has further enhanced the difficulties for car sellers in finding buyers for their vehicles.
Here is an overview of the difficulties that car sellers can face while selling their used cars during Ramadan.
Fasting in Hot and Humid Weather
During the holy month of Ramadan, Muslims fast from dawn to dusk every day. Fasting can lead to low energy levels and dehydration, which is why most people avoid outdoor activities, especially during daytime. The fact that people limit their outdoor activities during Ramadan can make it difficult for car sellers to find serious buyers for their used vehicles. This is one of the biggest challenges that car sellers have to face while selling their used cars during Ramadan.
Finding a Serious Buyer
Finding a serious buyer to sell a used car during Ramadan can be a serious challenge for car sellers. Most car buyers look to avail the Ramadan deals and offers on new cars, which makes it challenging for car sellers to find potential buyers. The current pandemic situation can also be a big problem in finding serious buyers since most people are homebound due to the fear of coronavirus and looking to avoid meeting strangers. In the current situation, it can be extremely difficult for car sellers to sell their used cars during Ramadan.
Ramadan Car Deals and Offers
The Ramadan car deals are welcomed by car buyers as they can avail significant discounts on the purchase of select car models during this month. Apart from the discount offers, auto manufactures also announce offers such as extended warranty coverage, 0% finance rate for five years, service and maintenance packages, five-year roadside assistance, and mileage warranty, among others. These exceptional offers attract the attention of car buyers during the holy month of Ramadan.
Car buyers on a budget can also consider purchasing a new car during Ramadan, thanks to the Ramadan car deals and discounts on new cars. As a result, it increases difficulties for car sellers to sell their used cars during the holy month of Ramadan.
Low Resale Price for Used Cars
Car sellers looking to sell their vehicles quickly to meet an urgent cash requirement can be tricked by professional dealers and private buyers into selling their vehicles at low prices. Since the trend of buying used cars relatively reduces during Ramadan, it increases the frustration among car sellers. However, car sellers must not allow potential buyers or dealers to exploit this situation. It is recommended for car sellers to wait for the right buyer to sell their used car at a fair price.
Car sellers must get their cars evaluated through a professional platform to know the actual market price of their cars. Knowing the right price of a vehicle can help in selling it at a fair price, however, it can be challenging during Ramadan since most car buyers look to purchase new cars. Car dealers who are aware of the market trends can easily convince car sellers to sell their vehicles at low price.
Fraudsters can Approach Vulnerable Car Sellers
Fraudsters can approach vulnerable car sellers through the classified websites where most car sellers advertise their vehicles to get the attention of potential car buyers. Fraudsters can trick car sellers by offering them a relatively higher price and showing an urgency to purchase the vehicle.
Several incidents of car sellers being tricked by fraudsters have been reported in the UAE. In those incidents, fraudsters either ran away with the vehicle while test driving it, or they offered a dud cheque to car sellers against the payment of their vehicles. Car sellers should be careful and avoid getting lured into such offers as accepting such offers can lead to serious financial loss.
How to Sell a Used Car Conveniently During the Holy Month of Ramadan?
SellAnyCar.com is the largest car buying company in the UAE that offers a hassle-free car selling process for car sellers to sell their used cars during Ramadan. Since selling a used car during Ramadan can be difficult, car sellers should look to sell their vehicles through a specialist car buying company such as SellAnyCar.com. As a leading car buying company, SellAnyCar.com makes life easier for car sellers and offers them an advanced car selling process to sell their cars at a fair price.
The process of selling a used car to SellAnyCar.com starts with an online car valuation. For online valuation, a car seller needs to provide information about the make, model, age and condition of the vehicle. Based on this information, the potential market price of a used vehicle is calculated.
Following the online valuation, a vehicle is evaluated at one of the nationwide branches of the company. During the physical inspection of the vehicle, every important aspect is considered by the experts to calculate the actual price of the vehicle. At the end of the inspection, a final offer is made to the seller.
If the final price offered to the seller is accepted, SellAnyCar.com purchases the vehicle right away and manages the entire post-sale paperwork. SellAnyCar.com offers a guaranteed purchase of every used car that has been inspected by its experts. This is arguably the easiest and safest way to sell any used car during Ramadan.
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.
