Before you put your vehicle out for sale, you have to determine its market value too. If you have decided to sell your old vehicle in the UAE, then car valuation should be your next step. This will help you avail the best resale price for it.
Each car has different value as the price depends on various factors including mileage, car specs, trim, car history, color and others. Therefore, you need to find the right selling price to close a quick and profitable deal. Here is a detailed guide on how you can go about car valuation when you wish to sell it.
Car Valuation Options in the UAE
When it comes to car valuation, the UAE offers several options allowing you to easily get an official car evaluation and enlist it on a reliable source. This can be done on-site as well as online. Here are a few car valuation options you can explore:
Used Car Valuation Online
Dubizzle Car Valuation
One of the best ways to sell your used car is via the dubizzle car evaluation. Just enter your car specifications and get a free car valuation. The car valuation process at dubizzle is simple. Just follow these steps:
- Go to ‘sell my car’ section on dubizzle and enter the required details
- Get a price estimate for your car model along with other useful information
However, this free option just gives you a general idea of the market value of your car. For more detailed car valuation, on-site car valuations are preferred. That is where dubizzle SellerAssist can help. For a minimal fee of AED 49 for sign-up, you can avail a thorough car inspection, better pricing and listing. This can get you a quicker and profitable deal on your used car. Buyers can also request an evaluation for any car they are interested in buying.
Used Car Valuation On-Site
Before you sell your car, you can get it inspected and acquire a Car Valuation Certificate to show the buyers for a better bargain. You can procure these from any of the testing centres approved by RTA. These centres are connected to the RTA’s Car Valuation Certificate system.
Follow these three steps to get a car valuation from any of the RTA-approved centres:
Used Car Testing
- Test the car to determine its condition for a realistic valuation
- Visit the Check-In Counter of the Vehicle Testing station and ask for a comprehensive test (includes vehicle inspection and a road test)
- A detailed vehicle test report will be provided to you at a cost of AED 170 to AED 350 (depending on the service centre)
Used Car Valuation Certificate
- Submit the car test report and registration card to the counter
- Ask for a Car Valuation Certificate
- Pay the fee (varies for the official Car Valuation Certificate)
- Receive your certificate showing the retail value of the car
Once you know the right value of your vehicle and have an official certificate to show it too, you are ready to strike and close a suitable deal for your used car.
Tasjeel – the RTA approved test centre for Used car valuation
Different branches of Tasjeel are approved as test centres by RTA. These are Al Barsha, Al Twar and Al Aweerbranches.
Timings: 07:00 AM to 9:00 PM on Saturday to Wednesday | 7:00 AM to 2:00 PM on Thursdays
Cost: Comprehensive Test: AED 350 | Valuation Certificate: AED 250
Contact Number:
Al Barsha: 04 347 6620
Al Twar: 04 257 3778
Al Aweer: 04 3331510
Tips to increase your car value
Getting a realistic estimate of your car model is always recommended before you put it out in the market. Car deprecation is a reality and performing valuation before selling it will help you maintain a realistic expectation on a deal. If you try to sell it at a much higher price than its worth, you will get no buyers. Similarly, you will be at a loss if you quote less price than its original value. Here is how you can find the real value of your car:
1. Research the market
Perform thorough research to ensure you are asking a fair price for your car. For example, if you want to sell a specific Toyota car model, then search the market for the same model and find out its current market value in the used vehicle market. You can do this by means of a car value calculator, available on various websites that deal in used cars. Alternatively, you can get an idea of used car prices by going through them for a specific model on the various sites selling them. For example, you can check out the price of used Toyota car models for sale easily.
2. Pricing Strategy
Most people put rounded figures as prices when selling their cars. This is not an attractive pricing strategy. On the other hand, you can quote a slightly lower price, such as AED 39,900 instead of AED 40,000.
3. Improve the car condition
A used car in excellent condition is more likely to get you buyers than a worn-down vehicle. If your car is free of any serious cosmetic and mechanical defects, you can ask for a slightly higher price. Make sure you can back your claim and justify the price to the buyers. If you can, try to renovate your car before putting it out in the market for selling. Also, you should record the service history of your vehicle and show it to the buyers before making a deal.
4. Add a feature
If you have added any unique feature to your car, then you should add it to the price of your used car when selling it. It could be something as simple as new seat covers, and it will still affect your car and subsequently, its value. A more desirable addition to a car increases the resale value manifold. However, if your car resale price is too high compared to the market value for the same model, it may lower the chances of a successful deal.
5. Negotiate well
Finally, when buying and selling any item, negotiation is the norm and the same goes for cars too. Therefore, it is recommended to be mentally prepared for it ahead of time. You can set the price slightly higher than the market price but not too much to discourage the buyers. This will leave you ample room for negotiation.
Also, talking to multiple customers at the same time is a good practice when selling a car. This will help you choose the best deal instead of being stuck with just one potential buyer. You may also practice precautions to retain car value while using it.
Also, have a look at these car valuations tips when buying a used car to get a good deal.
FAQS
How to increase the value of a used car before selling it?
You can increase the value of your car by making it more presentable and ensuring it runs smoothly. Wash your car, get it serviced and have any visible or invisible faults such as dents and faulty car parts removed and replaced before selling it. Also, make sure the paperwork is in place.
Are online car valuations accurate?
You can’t get an exact figure through this process but it gives you a good idea. You can go the extra mile and opt for vehicle testing and get a car valuation certificate for better bargaining and a fair resale price for your car.
Which car models have the best resale value in the UAE?
Cars with the best resale value in the UAE include Nissan Patrol, Ford Edge, Honda Accord, Toyota Camry and Toyota Land Cruiser.
You can also buy used cars with great resale value at affordable rates. Check the following options:
- Used Ford Edge for sale
- Buy used Toyota Land Cruise
- Used Honda Accord for sale
- Buy second hand Nissan Patrol
- Second hand Toyota Camry for sale
Knowing the worth of your used car goes a long way in pricing it appropriately. If your car valuation is done right your chances of selling it increase. Also, you can get more potential buyers and faster, ensuring a better deal for your car.
Stay tuned to the UAE’s top auto blog for more information on car parts, market trends, traffic laws and more.
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