After a certain period, a question arises in the mind of a car owner and that is “when is the suitable time to sell my car online Dubai”, based on certain circumstances. If your question is alike then the article is meant for you surely.
Let’s delve deeper into the subject matter.
Two extremely essential things like the value of the vehicle and the rate of depreciation are playing a decisive role, as both are affected as the vehicle is purchased. The vehicle value is dropped over the years, as it has been used for a prolonged period. A recent study says that the vehicle value drops 20% in the first year, and in the next five years, it drops 60%.
Car owners should know the perfect time to sell a car, so they can get a good resale price of the vehicle.
Below there are some important factors that will help you to get the right platform and the right time to sell your car in Dubai, to have a profitable and beneficial car selling experience as well.
Sell cars in Dubai- Devaluation of the Vehicle
Car owners ignore the fact of the depreciation of the vehicle and it is one of the biggest factors which affect car selling.
In this time period, the vehicles likely to remain in good condition and you can expect a good resale price for it as well. The rate of devaluation slows down after the first five years. In this context, if you don’t sell cars In Dubai in the first five years, then you have to invest to maintain the condition of the vehicle, which also affects the value of a car in the market.
Vehicle Maintenance Cost
People can change their vehicle or can upgrade at any point of time as per their convenience. For such a case, where the family is getting bigger or job requirements demand a different vehicle, it is better to sell used cars in Dubai and go for a better option.
You can sell your vehicle in Dubai classifieds site at a good price if you make a sale at the right time. In order to plan a profitable sale of your vehicle, you have to estimate and acknowledge your commuting requirements in time.
Rising Maintenance Costs
When the maintenance cost is rising, then it is the best time to sell your car. If you have to take the car now and then it is the right time to sell your car. Before you carry out major repairs you can sell your car and in return, you can earn some extra bucks.
Rapidly Changing Shape
Carmakers are rapidly changing the shape of the car in every 5-7 years. Consequently, the price of the car is dropping and that is a major facelift. Therefore, if you are determined to sell your car, make sure that you are doing it before the new shape is released.
Also, Read This: Seven FAQs to Ask Before Renting a Car
Your Requirement is Changing
As the lifestyle is changing rapidly you might discover that a car no longer suits your needs. It may be much reason, the family member is increasing or moving out into another city. So it is better to sell your car before it’s losing value due to depreciation. It would be better for you to sell your car before you run out of time or the new model is released.
If you already have a car loan that you are unable to pay now, then it is high time to sell your car to clear the loan. If you are already in the problem, so it is better to sell your car before things get out of hand. Bad credit history will be problematic for you if you are about to buy a used car in the future. All that you need to do to sell your used car as soon as possible and pay the loan to the bank so that you can be headache free.
Best Place to Sell Your Old Car at the Right Price
So, you are now prepared to sell your old car. And your next step is to make the sale through the best and the most suitable platform. As a car seller, you may come across a plethora of classifieds sites. Amongst those sites, Dubai classifieds site may be the best platform for you. It is a very popular platform and it is the best option to sell an old vehicle, especially if you are a novice car seller.