1. Donât accept a cheque as payment
Countless trusting souls have accepted fraudulent cheques here in the UAE. The first rule of selling your car is donât accept a cheque. If it bounces higher than kangaroo on a trampoline, rest assured, you probably wonât see the culprit again. The very best way to maximise the resale value of your car is to make sure you donât give it away for nothing. Only accept cash or bank transfers!
2. Keep your receipts for parts and keep your carâs service logbook updated
Easier said than done, with the UAEâs ever changing influx and departure of expats, unless you buy your car new, itâs likely some of the records will be mislaid. Nevertheless, if you keep hold of your receipts and service stamps, it will reassure any potential customers that youâve been and conscientious owner. If youâre lucky enough to buy your car new and keep a full service history, then this can add thousands of dirhams to the value of your vehicle.
3. Deal promptly with enquiries from potential buyers
In our world of instant communication, if youâre slower to respond to phone calls, texts and emails than a koala in a call centre, then donât expect to cash in on your car anytime soon. A prompt, courteous response will both encourage your buyer and reassure them that theyâre dealing with a reliable person.
4. Highlight optional extras
Everybody likes to feel like theyâve snagged a bargain. Mention pricy optional extras, such as a snazzy sound system or sumptuous, quilted leather, and most consumers will listen appreciatively. A car loaded with every option on the list is clearly more attractive (and valuable) than the base model, with a spartan interior.
5. Clean the interior and exterior
In the same way that you probably wonât sell your apartment if people come for viewings when you havenât changed the trash for weeks and your underwearâs on the floor, the same applies to your car. Hoover up the crisps, throw out the empty water bottles and remove any gym paraphernalia and âgoing outâ shoes. You want your buyer to feel as comfortable as possible on that all important test drive. The same applies to the exterior.
6. Make sure the tyres and bodywork are in good condition
Bald and dangerous tyres will not send the right message about you being a good car owner. Itâs best if your tyres are made by known brands and have at least 5mm of tread before advertising your car. The same applies to the paintwork. Dents and scratches can potentially knock thousands off the value of your wheels.
7. Take a good photo in a scenic location
Perhaps a little obvious, but a poorly lit, miserable looking snap isnât going to create the best advert for your car. Instead of the quintessential, murkey underground carpark snap, head somewhere bright sunny and even attractive â itâll place your wheels in a far more attractive context.
8. Try not to sell your car during the summer months (just before the school term starts)
In the same way that you probably wouldnât sell many raincoats during summer in the Dubai, itâs also not the best time to sell your car. Each year thereâs an expat exodus, as families return to their own countries to escape the heat and catch up with their old lives. Wait until the start of the school term when the population returns and youâll have a far larger customer base to tempt with your fancy ride.