The car market in the UAE can be pretty confusing. That’s because many dealers and sellers use different terminologies that aren’t always consistent. If you’re not familiar with the ins and outs of car pricing, you will face difficulties when deciding what to pay for a new vehicle. Your monthly payment is just one piece of the puzzle, after all. A car’s price has a lot more to do with things like its make, model, year, mileage, and features when it comes down to it. And so does the used value of that car once you sell it again or trade it in for a newer model. So here are some essential things about buying a car in the UAE that you need to know before signing on the dotted line! This is the ultimate car price in UAE guide:
The Basics of Car Pricing in the UAE
The price of a car in the UAE will depend on a few factors. The first being the type of vehicle that is in question. Before you even start looking for a new or used car, make sure you know what type of vehicle you want to buy. Is it a sedan? An SUV? or perhaps a crossover? How many passengers do you want it to seat? How much cargo do you intend to carry with it? These are all questions to ask yourself before heading out to test drive any cars. The more you know about what you want before heading to the dealership, the easier it will be to find the right fit for you and your family and the more informed you will be about its price.
When it comes to basics, the main factors that determine a cars price in the UAE are:
1) Model year.
3) The vehicle’s rarity or brand type.
4) Whether a service history log is available (cars with one can fetch higher prices).
5) The availability of custom car add-ons and the colour of the vehicle (white cars are more expensive).
New Cars vs. Used Cars in the UAE
To state the obvious, new cars will cost more than used cars except in rare circumstances where a classic version of a vehicle has become highly sought after. In other cases, new models of an existing vehicle can be released with significant changes made to reduce its price and appeal to a broader market.
Other than the above, used cars don’t come with a warranty, while new ones do.
Understanding How Car Prices Are Calculated in the UAE
When you walk into a dealership and start to shop for a new or used car, you’ll likely see a price listed. The price listed is the asking price or the dealer’s price. It’s important to remember that this is not necessarily the price you’ll end up paying. Many factors will go into determining what you actually pay for the car. These include but are not limited to taxes and car add-ons you didn’t know you had to pay for.
Furthermore, the car prices you see online are not necessarily the same price you will pay when you arrive at the dealership. Dealerships are known to advertise a cheap version of the car with minimal add-ons. Although these cars are, in fact, in the dealership, they are sold out fast, but the online price tag remains.
Once you’ve narrowed down the type of car you’re looking for, it’s time to start shopping. It’s best to go to a few different dealerships to compare prices. It would be best if you kept a few things in mind when comparing prices. First, make sure you’re comparing like-for-like. That means you need to compare the same make, model, year, and features of each car when shopping. That will help you find the best deal and negotiate the best price.
Taking into Account Other Factors When Buying a Car
Other factors that will affect the price of a car in the UAE include the car’s condition, kilometres, and whether or not you are financing. In some cases, you may find that a dealer will give you a lower price based on the car’s condition. If the car has many kilometres on the odometer, you may also be able to get a lower price. If you are financing your vehicle, you’re likely going to pay a higher price due to interest rates.
Finding the Right Dealership and Negotiating A Car Price in UAE
When you’re in the dealership, it’s important to stay calm and collected. Avoid getting angry or frustrated, and definitely don’t go in there with the attitude that you have to have a specific car. Instead, treat the car-buying experience like a game. Be friendly and courteous, and have fun with it. If you go into the process with a positive attitude, you’ll likely get a great deal in the end.
One piece of advice to follow when negotiating a car price (or anything really) is to bask in the sound of silence. This is a known negotiation tactic. When you are biding your time and refraining from speaking, your negotiating partner will have to talk, and a concession will likely come out of their mouth.
Range of Average Car Price in UAE
Cars in the UAE can cost as little as 12,000 AED for the world’s “cheapest vehicle” the TATA Nano, and as much as 57,900 AED for a new Nissan Sunny, which is considered to be an average sedan.
Things to Know Before You Buy a Car in the UAE
- Make sure you know exactly what you want before you start shopping.
- Shop around at different dealerships to compare prices.
- Shop online if you don’t have access to a dealership in your area.
- Be aware of misleading prices.
- Stay calm and collected throughout the car-buying process.
- Have fun with the car-buying process and enjoy the experience.
- Make sure you understand all the financing options you have available to you.
- Choose a payment plan that works best for your lifestyle.
When it comes down to it, purchasing a new or a used car in the UAE may seem complicated, but it doesn’t have to be. When you know what to look for and what to expect, the car-buying process can be a lot of fun. Always remember to do your research beforehand and know exactly what you want before you go out shopping. Once you have an idea of what type of car you want, it will be much easier to find it.
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If you’re going to buy a new car and you need to find a way to sell your old one, you’re better off not relying on a dealership for a trade-in. This is because they are known to shave off any savings you think you are making by either charging you a higher new car sales price or, inversely a lower used car buying price.
Car buying specialists are your best when you want to sell your car fast for a fair price. At Sell Your Motors we pride ourselves for being transparent and completing the whole car buying process in only 30 minutes!
Our process is simple:
- Start by trying our free car price calculator online
- Receive a call from us to schedule an appointment
- On the day of the appointment, we’ll make you an offer. If you like it, give us the keys, and we’ll give you the cash.
Prefer to talk to us directly? Call us on 04 330 1030