One of the most common ways of selling a car in the UAE is through online classifieds. These sites provide a platform where car owners can post their car in a specific category. So, when a potential buyer is searching for a particular vehicle, they have to fill out a form based on their preferences such as the brand, model, make, price etc. They are then directed to a variety of used cars for purchase. However, there are many aspects of selling a car through online classifieds that are quite challenging.
There are several factors that need to be considered when selling a used car through online classifieds such as the fluctuating UAE market, paperwork involved, being approached by potential fraudsters and the risk of financial loss. In addition to this, there are other challenges that are faced by sellers such as the stress of negotiations and difficulty in finding a serious buyer. These aspects can make the experience of selling a car through online classifieds quite frustrating, especially for inexperienced car sellers. Therefore, it is important for car sellers to evaluate the process of selling a car through online classifieds and make the right decision accordingly. Finding the right platform can make the car selling process quite simple and straight-forward.
We have outlined some challenges that sellers may encounter when they sell a car through online classifieds.
Problems Faced by Seller When Selling a Car through Online Classifieds
The process of selling a car through online classifieds can be quite daunting. Firstly, a seller may have to spend money in advertising the vehicle to gain interest of potential buyers. However, that doesn’t promise guaranteed purchase. Moreover, estimating the true resale value of your car can be quite tough for sellers to do on their own. If they overestimate the value of their vehicle, they might end up losing prospective buyers. Lastly, buyers have to be extremely cautious of potential fraudsters approaching them through online classifieds as these sites don’t provide a safe monitoring mechanism.
Also read: Car Selling 101: How to Avoid Common Problems When Selling a Used Car
Here are the most common problems car sellers can face while selling a used vehicle through online classifieds:
Difficulty in Finding a Serious Buyer
This is one of the most daunting aspects of selling a used car privately. Finding a buyer who is willing to pay a fair price for the used vehicle can be a challenge. Moreover, before sellers look for potential buyers, they need to evaluate the resale price of their used car. It is important to determine a fair and realistic resale value for your vehicle to find a buyer quickly. Unfortunately, many sellers don’t tackle the car evaluation process correctly. Sellers may end up overestimating the value of their car after comparing it with prices of similar cars available on classified websites. Classified websites don’t represent the actual prices of used vehicles but are based on the expectations of the car owners. For a precise evaluation of the car’s resale value, sellers must always choose a professional platform or consult an automotive expert.
Risk of Dealing with Suspicious Strangers and Potential Scams
Selling a car through online classifieds poses the biggest risk of being scammed by potential fraudsters. Classified websites provide fraudsters the easiest way to approach sellers and they can use the platform to trick vulnerable car sellers. It can be particularly difficult for inexperienced sellers to differentiate fraudsters from genuine buyers. Sellers should be careful about not giving out their personal information to strangers on the internet and never meet buyers alone at night in a secluded place.
Classified websites are not considered to be a safe platform for selling a used vehicle because there is an absence of a mechanism that can verify the identity of the users. This lack of monitoring makes the process of selling a used car on classifieds exceedingly unreliable.
Also read: Over 200 Car Scams Reported in the UAE: Things You Must Know to Avoid Such Scams
Unsafe Payment Process
Another reason why selling a car through online classifieds is risky is due to the absence of any authenticated payment gateway for the buyer-seller transactions. There have been many incidents in the UAE where a bogus, dud check was handed out to the car seller for the vehicle’s value. Safety of the payment process is a significant concern when it comes to accepting payment from private buyers. Therefore, car sellers must be extremely careful and avoid accepting a cheque against the value of the used vehicle.
Time Consuming Process with No Guaranteed Purchase
One of the biggest drawbacks of selling a car through online classifieds is that they don’t take responsibility for the purchase of the car. It is quite tough to find a genuine buyer and even that can take several weeks or months. The stress of negotiation and the time-consuming nature of this platform makes the process risky, tedious and labor-intensive.
Benefits of Choosing a Specialist Car Company to Sell Your Car
Sellers should consider specialist car buying companies to sell their car in a reliable and hassle-free process. By offering a comprehensive car evaluation process, sellers are promised a fair and realistic price for their used vehicle. Selling a car through online classifieds can pose several challenges for both experienced and inexperienced buyers. These challenges can be avoided if sellers choose a professional car buying company to sell their used vehicle.
Given below are some of the biggest advantages of selling a car through a specialist car buying company.
Sellers Don’t Need to Find a Buyer
When you sell a car to a specialist car buying company, you don’t need to go through the demanding process of finding a buyer. Since the seller will be selling the car directly to the company, there is no hassle of finding a buyer. This alleviates a lot of the burden of finding a buyer and makes the car selling process quick and hassle-free for the seller.
Easier to Determine the Value of the Vehicle
Sellers can get precise and reliable information about the value of their used vehicle when they opt for professional car buying companies. Such companies have a professionally designed car evaluation process that ensures sellers get the true market value of their vehicle. Since car valuation is the first part of the car selling process, this makes it exceptionally easy and convenient for sellers to sell their used vehicles.
Guaranteed Purchase with a Safe Payment Process
Most specialist car buying companies offer a guaranteed purchase for any used car, regardless of its make, model, age or condition. This guarantee is extremely important for sellers since it ensures a quick and smooth car selling process.
In addition to this, there are no privacy risks, threat of potential scammers and unauthenticated payment gateways when dealing with specialist car buying companies as they ensure a safe and reliable payment process with proper monitoring of seller’s safety and privacy.
Also read: How SellAnyCar.com Helps in Selling a Used Car Safely?
SellAnyCar.com is the Leading Specialist Car Buying Company in the UAE
SellAnyCar.com is one of the largest, specialist car buying companies in the UAE that has made car selling completely hassle-free for sellers. It offers a guaranteed purchase of used vehicles regardless of their age, make, model and condition.
At SellAnyCar.com, car sellers can follow a simple process to sell their used car at a fair price. The car selling process starts with the online car evaluation tool of the company. The online valuation tool provides an estimate of the car’s resale value based on several factors such as the year, make and model of the car.
After the online evaluation, the seller can book an appointment for physical inspection of the vehicle at a nearby branch of SellAnyCar.com. The used vehicle is thoroughly inspected by our automotive experts and a final price is offered to the seller. If the seller accepts the offer, a sales agreement is signed between the seller and the company. The payment for the vehicle is done via an electronic bank transfer and all the post-sale paperwork is managed by SellAnyCar.com. In this way, sellers can sell their used vehicle in a highly transparent and trustworthy process.
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.
