Buying a car has become easy for everyone as there are many financing options available. You just need to complete the paperwork and receive the finances you need to buy a car. dubizzle Cars is a platform for buying a used car in the UAE and has partnered with several banks. That said, dubizzle Cars provides finance and insurance services at The Hub.
Buyers can take advantage of these finance and insurance services, which include helping them get the best insurance rates.
We will take a detailed look at all the finance and insurance services available at dubizzle Cars. But before that, let’s learn about the bank evaluation certificate, a prerequisite for obtaining a car loan.
BANK EVALUATION CERTIFICATE
Whether you are buying a new or used car in the UAE, a bank evaluation certificate is necessary to get a car mortgage. dubizzle Cars is authorised to provide evaluation certificates accepted by the following banks in the UAE:
- Dubai Islamic Bank
- Emirates NBD
- ADCB (Abu Dhabi Commercial Bank)
- Emirates Islamic
- HSBC
- Arab Bank
Additionally, this service is not exclusive to the verified vehicles by dubizzle Cars. Anyone can get their cars evaluated at dubizzle Cars Hub and obtain the evaluation certificates. The cost of evaluation certificate for the above-mentioned banks in the UAE varies from AED 299 to 499.
Auto Finance Services at dubizzle Cars
When you are buying a car, it is very important to manage your budget and finances. dubizzle Cars experts help you get the best possible financial deals through partner banks.
The following partner banks provide loans, and the financial experts at dubizzle Cars hub make the process easy for buyers:
- Emirates Islamic
- Emirates NBD
- Abu Dhabi Commercial Bank (ADCB)
- Dubai Islamic Bank
- Abu Dhabi Islamic Bank (ADIB)
Besides, car loans in Dubai or any other emirate where you are buying a car have become an easy process. Banks have digitised their systems and provide auto loans with less paperwork. And dubizzle Cars adds to that with their full assistance in getting quick auto loans.
Car Insurance Services at dubizzle Cars
It is mandatory to get auto insurance whether you buy a new or pre-owned car in the UAE. Insurance policies are valid for 13 months and come with the following benefits depending on the different packages:
- Agency repair for 3 to 5 years (depending on the insurance company)
- Free annual car registration service
- 7-day car rental in case of a major accident
- Additional benefits include
- Third-party property damage limit from AED 3.5 to 5 million (depending on the insurance company)
- Emergency accidental medical expenses up to AED 2,500
- Personal effects cover up to AED 1,500
Eligibility
Buyer needs to meet the following criteria to apply for insurance services in the UAE:
- 22 years or above
- For new insurance, the following documents are required:
- Purchase Invoice from Agency
- Emirates ID
- Driving Licence Copy
- The following documents must be submitted to renew the car insurance:
- Emirates ID
- Driving License Copy
- Mulkiya (car registration certificate) Copy
When you buy a vehicle from dubizzle Cars Hub, these finance and insurance services are readily available. At dubizzle Cars Hub, experts provide complete assistance and help you get the best deal for car loans and insurance. For more information on vehicle insurance in the UAE, you can find some FAQs about car insurance in Dubai.
Stay connected with UAE’s leading auto blog to learn more about dubizzle Cars services for buyers and sellers.
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