Whether you are buying something worth a few dirhams or something more expensive, negotiating the price can get you a good deal. For things worth thousands, like used cars, you can actually save a few thousand with some skilful negotiation. There are several reasons to consider when buying a used car in the UAE, especially if you are new in the Emirates and short on budget. However, negotiation is not an easy task; even the most experienced buyer can face a tough time.
That said, you need to really understand the car’s actual worth and the seller’s situation when negotiating. However, there are some useful tips for first-time car sellers in the UAE as well that buyers should also be aware of in order to close a good deal. But, here let us take you through some important car buying negotiation tips.
7 Car Buying Negotiation Tips
Whether you are buying a second-hand car in the UAE from a private seller or a dealer, the given car buying negotiation tips may help you out:
Don’t Give It All Away
Be very careful about the information you give to the seller. Try your best to keep calm and collected while negotiating. If the sellers get a slight hint that you are short on time or are getting impatient, they will push harder to close a deal that will cost you more.
One of the used car negotiation tips is that don’t disclose your budget too early. You should always refrain from stating a price at the very start. You should first inspect the car and get it checked by your mechanic. If the seller pushes you to quote a price, it’s best to say that it will completely depend on the condition of the car, and that’s why you would like to first inspect it and then quote a price.
Keep Facts and Figures on Your Fingertips
Before meeting with a seller, it’s best to go online and dig up some information and estimate a used car’s value. You will be able to get a rough estimate of the car’s value and will know about the unique car specifications. With all this information acquired, you won’t seem like a newbie to the seller, and they will be hesitant to quote an unreasonable price.
Similarly, in most cases, private sellers are not aware of the real value of the used car. They tend to push for a higher number, and if you offer a smaller number, the sellers are often inclined to move to another buyer. This is where your prior research will help. You can pinpoint the various specifications the car has or does not have in comparison to other cars to justify your offer. It is always best to have some information about the car you are about to buy.
Wait Before you Make an Offer
It is always best to wait and see what price the seller demands, and then after some talks, you should make a counteroffer. If you act too fast and quote a price before the seller mentions their demands, you may end up paying more, maybe the seller was going to ask for an even lower price. than your counteroffer.
Keep Room for Bargain
When you are buying used cars in the UAE, always ensure that your counter-offer is considerably lower than the asking rate. In this way, there will be adequate space for negotiation. There is a possibility that the seller might shift to another buyer if your offer seems unreasonable. The buyer should determine that how the seller has set the asking rate and then make an offer with enough space to negotiate.
When it comes to how to negotiate when buying a used car in the UAE with private sellers, it can be even more tricky. When talking to a private seller, you have to be even more aggressive and confident in your offers.
Grind out the Last 5%
Analyze the condition of the more apparent items, e.g. the condition of the tyres, interior/exterior of the car and brakes. Use this tip to negotiate when buying a car in the UAE and save AED 1000 – 2000.
Wait for the Seller’s Call to Finalise the Deal
After making the final offer, your job is done; now, it is all up to the seller. You, as the buyer, need to walk away and let the seller know that if they are comfortable with the offer they can get in touch with you over the phone.
Either you are buying a used car in the UAE from an independent seller or a second-hand vehicle dealer, make sure to follow the checklist when investing in a second-hand car. Besides, look up to the tips discussed above on how to negotiate a car sale in the UAE and get your favourite car at the best possible price.
Stay tuned to the top auto blog of the UAE for more tips and guides related to all types of vehicles.
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