At the time of buying a used car there a lot of factors to consider before you make the decision. One of the prime factors to be considered is whether you should buy the car from an authorized dealer or an individual seller. While there are several cars for sale in UAE, through both these channels; here are some pointers to help you decide which to choose:
- Reputation: An authorized dealer bases his market image on each sale that he makes. Therefore, an authorized dealer would not sell a car that could damage his reputation. On the other hand, a private seller would not have the same concerns, as he/she is not actively engaged in the car sales business. As a result of this, several good dealers would very likely go out of their way to resolve problems that may arise after the sale, while many sellers would likely avoid them.
- Vehicle Check: Buying a pre-owned car through an authorized dealer ensures that the car has been checked thoroughly, while with a private seller, many opt for the car to be personally checked by a professional hired by them separately. It is, in fact, necessary for used cars for sale in Dubai to be checked by experts. Therefore, going through an authorized dealer gives you peace of mind because that guarantees that the car would be expertly checked. At CarSwitch, every car is hand inspected by experts.
- Financing: Financing a used car is a little harder and lot more different than financing a new car- some banks won’t finance vehicles past a certain age, or a certain mileage limit; and the interest rates are higher. Some banks also do not finance vehicles through private sellers. With authorized dealers, the risk of potential fraud, as is with private sellers, goes away; hence, banks only deal with reputable dealers. Dealerships also offer trade-in options for your old vehicles as well.
- Purchase Price: While looking for the best possible purchase price, you would be more likely to find that from a private seller rather than a dealer. The reason for this is that a dealer needs to make a profit on each vehicle while a private seller does not have the same concern. Private sellers are more than often willing to negotiate prices just to ensure that the car is sold quickly.
- Taxes: Taxes can be a benefit for either private sellers or dealers, depending on where you live. In some places, no sales tax is assessed on private vehicle sales, and that means buying from a private seller can save you several thousands of dollars. In other places, the sales tax is only assessed on the difference between the purchase price of the new car and your trade-in. In such a case, buying from a dealer can save you several thousands of dollars. Therefore, when it comes to taxes, it is best to check your local laws.
- Warranty: Purchasing a car through an authorized dealer gives you warranty options, as compared to buying through a private seller. In any case, cars sold by authorized dealers are inspected by trained and certified mechanics, and any problems with the car, later on, are resolved by the dealerships.
- Paperwork: While purchasing a car through a private seller, all the paperwork has to be done by you, from the bill of sale to the registration; and individual sellers would not have the expertise to assist you. Through an authorized dealer, all the paperwork is organized and sorted for the process to be made easier for you.
The above should give you a fair idea of the factors that you should consider while making the decision. Knowing both put you in a better position at the time of deciding who you want to buy your car from and the subsequent stages of negotiation that follow.