15/01/2024
How Do You Acquire A Used Car In Dubai Without Any Hassle
Buying a car is no longer a luxury for people living in the UAE. A car is essential if driving is an important part of your lifestyle.
Fortunately, there are a large number of vehicle showrooms and dealerships in the UAE. This means, you can easily buy used car in UAE. Still, the car buying process can seem a little daunting. Hence, we bring you this blog.
This guide contains essentials, from documents needed to the best time to buy and more. So, let’s begin!
1- The documents required
To kick off your car-buying journey in the UAE, gather the necessary documents:
-
UAE residency visa (original and copy)
-
Passport (original and copy)
-
Emirates ID
-
Valid UAE driving license
-
Insurance documents
You'll find dealerships stocked with major brands, offering prices up to three times less than elsewhere. It's a golden opportunity for those seeking a sweet deal on their dream ride.
2- Buying a second-hand car – the process
If a brand-new car doesn't fit the budget, fret not. The market for second-hand vehicle for sale in UAE is brimming with options. But ensure that you have these documents handy:
-
UAE residency visa
-
Emirates ID
-
Passport copy
-
Car insurance agreement copy
-
Dubai-issued driving license
-
The vehicle's previous registration card
-
Authorized inspection certificate for cars over 3 years old
With these documents in tow, your path to a used car in Dubai is set.
3- The process of buying the car
Choosing your dream car is exciting. Dubai's car dealerships make the process hassle-free. But for second-hand purchases, a trip to the Traffic Police is in order.
Start by filling out an application. Then, provide the registration card and insurance certificate, and voilà – ownership transferred.
4- Is insurance required to buy a car?
Absolutely! Whether new or used, car insurance is mandatory. It can cost you around 1.25% to 3% of the car's value. Online options make securing coverage easy, with rates influenced by age, credit score, and driving history.
5- What are the fees for registering a car?
Post-insurance, registration is next. New car registration sets you back AED 420, plus an extra AED 220 for a traffic file. Used car registration follows at AED 420, with additional fees:
-
Vehicle Technical Inspection: AED 170
-
Transfer of Ownership: AED 350
-
Traffic File: AED 220
Did you miss your re-registration deadline? Brace for an AED 25 fine per late month.
6- Can you buy a car with no down payment?
Typically, a down payment is required for a car loan in the UAE. However, some banks offer down payment support through credit cards. Alternatively, a personal loan could bypass the down payment hurdle.
7- The best time for car investment
Maximize your savings by choosing the right time to buy car in UAE:
-
Ramadan month: Enjoy hefty discounts and launch campaigns.
-
National holidays: Dealerships roll out massive discounts and special packages.
-
Summer: Reduced demand means great packages.
-
Year-end: Snag deals as manufacturers clear out old models for new ones.
8- Can you buy a car in Dubai without a UAE residency?
Unfortunately, a driving license or Emirates ID resident card is attainable only with a residency visa. This means UAE residency is a must for purchasing a vehicle for sale in the UAE.
9- Are second-hand cars cheaper in Dubai?
Yes. Second-hand cars in Dubai are more budget friendly. So, expect savings with pre-owned options. It is, in fact, a wise choice for buyers who are on a budget.
10- How much does it cost to buy a car?
Breaking down the costs of cars for sale, UAE:
-
Initial Purchase Price: AED 85,000 on average for a new car.
-
Fuel: AED 1.71 per litre.
-
Licensing and Registration: AED 500, approx., annually.
-
Insurance: Typically around AED 2,400 per year, subject to vehicle and driver details.
In conclusion
Buying used cars for sale, UAE, is easy with the right info. Whether you want a new car or check out used ones for sale, this guide has you sorted. Get ready to hit the Dubai roads with confidence!