Before you decide to sell your car in the UAE, you need to get an idea of how much it’s worth to make sure you get the best possible deal. Getting a professional valuation from an auto trader (either online or in person) will give you a solid figure to work with.
How do you evaluate what your car could sell for? These are some of the main factors to consider when checking what your car is worth in UAE.
How Much is My Car Worth? How to Check Your Car’s Value
A car is a depreciating asset, which means it loses value over time. The older your car gets, the less it will be worth when you try to sell it.
Mileage adds wear and tear to a car, so a higher mileage means a lower selling price. If you compare two identical cars, the one with fewer miles on the odometer will be worth more.
The physical condition of your car has a major impact on what it’s worth. Even if your mileage is high, you can still get a good price for a car that’s well-maintained and mechanically sound.
Physical Appearance (Exterior and Interior)
A vehicle with clean paintwork that’s free of scratches and dents will naturally get a higher selling price. Of course, the interior condition of your vehicle is just as important as the exterior. That means clean upholstery that smells fresh and is free of rips, tears and breaks.
Getting your car regularly serviced is an essential part of maintaining its condition. If you have up-to-date service documentation to prove you’ve taken good care of your car, you can justify asking for a higher price.
Demand or Appeal
A make and model with higher market demand will be worth more than a car that doesn’t generate much demand. Some vehicle classes, body styles and colours tend to be more popular than others.
A previous road accident or damage sustained to your car can lower the selling price, even if it’s been fully repaired since the incident.
You may think modifying your car with aftermarket parts and custom additions would make it more appealing to buyers. However, research shows that most people prefer to buy cars with all their original equipment, with a neutral appearance instead of a previous owner’s personal modifications.
How Much is My Car Worth? Part Exchange Guide
You may find that your car is worth more from part exchange than from a sale. Part exchanging your car means using the value of the old car as part of the total payment for your new vehicle. The auto dealer will determine how much your old car is worth.
If you keep your current car in good condition and good working order, you’ll be able to significantly reduce what you pay for your next car if you opt for part exchange.
Check Car Worth for Free Online
Calculate how much your car is worth quickly and easily online using the free instant valuation tool from DubiCars. This tool uses the latest data from auto dealers, insurance companies and banks to calculate the best price for any vehicle.