Selling a vehicle in Dubai entails more than getting a buyer and exchanging keys. Whether looking to sell a car fast or navigate the paperwork, understanding the difference between vehicle registration and ownership transfer is crucial. Sellers typically note that car tests or inspection certificates are only needed if the buyer intends to register the car for road usage. If the buyer just wants an ownership certificate without registration, like for export or resale. Hence, the test may be skipped. The following guide will instruct on the process from document preparation to avoiding the typical scams and ensuring a profitable sale.
Understanding Ownership Transfer and Vehicle Registration
When one sells a car in Dubai, there are two options. They can either fully register the vehicle, meaning getting new plates and a mulkiya. Alternatively, one may transfer ownership without registration. If the buyer plans to operate the car immediately, they must pass the inspection test, pay fees for registration, and update the insurance according to their details. Though, if the buyer is a dealer or just storing it, they might only require an ownership certificate, which means no test is required. The distinction, then, is essential considering it affects the cost and the time needed to complete the sale.
When is a Car Test Required
The Vehicle Passing Test Certificate is mandatory in particular situations. If the buyer is registering the vehicle for the first time, renewing an expired registration, or replacing damaged license plates, the test must be done. Though if the car is being exported, sold for parts, an inspection is not necessary; the test itself will cover significant components like brakes, lights, and the condition of the chassis. To avoid delays, the sellers should consider getting a re-inspection at an RTA-approved station before listing the vehicle.
Step-by-step Method of Selling Your Car
Before initiation of a sale, gather the appropriate documents, including an Emirates ID, Mulkiya, passport copy, and a no-objection type certificate if the car is under a loan. Once you get a buyer, negotiate on the price and make sure the payment has been secured. That is preferably via a bank transfer or certified check to avoid fraud. A sales agreement is also recommended to detail the buyer and seller’s details, along with the sale pricing.
Finally, one may transfer ownership at an RTA center via the Dubai Drive app. The process includes a nominal fee of AED 350 for transfer and a further 85 knowledge fee. If all the documents are in order, this may be done in minutes. If unsure of any step, professional services assist one in selling a used car in Dubai without the hassle.
Avoiding Common Scams When Selling Your Car
Unfortunately, car-selling scams are typical in the UAE. Fake buyers may promise payment but disappear after possessing the vehicle, though others might use fraudulent cheques. Scammers have also developed sophisticated means of exploiting genuine sellers, especially in private type sales. The following are the most common scams to look out for and the best way to protect one’s investment.
Fake buyers and Test Drive theft
Some buyers may express a strong interest in purchasing the car, often claiming they will pay in cash. They will insist on taking the car for a test drive, sometimes giving a copy of their Emirates ID. They may even provide a passport to seem legitimate. However, once they get into the car, they never return. One of the best ways to avoid this is to verify the potential buyer’s identity by checking the Emirates ID. The owner should also accompany them on the test drive and keep the keys always accessible. Meeting in public, secure locations is also advisable to avoid carjacking cases.
Others will agree to the sale and issue what appears to be a bank transfer receipt or cheque. However, it may bounce a few days later. Though by that time, they will be long gone. One of the ways to counter this is to insist on instant bank transfers and confirm the funds in the recipient’s account. Avoid the use of cheques unless necessary, since they can be canceled. Never hand over the mulkiya or keys until the full payment has been made to the account.
Some schemes involve overpayment, where the buyer supposedly sends more money than agreed. It will often entail a fake payment confirmation. They will later ask for a refund of the excess money issued. To prevent this, please be wary of buyers who offer more than the asking price. Also, do not refund money until the bank has verified the original payment.
Maximizing the Vehicle’s Resale Value
Address minor repairs like scratches, dents, or worn tires to obtain the best price when selling a car in Dubai. A well-maintained vehicle with a comprehensive service history and minimal accident records will get a higher price. Similarly, advertising on relevant platforms also helps the process, as private buyers may pay a higher price than a dealership. That said, a dealer would offer the fastest transaction. Highlight unique or standalone features like extended warranties and any upgrades done to the vehicle.
Final Checklist before the Sale
Before the deal is finalized, make sure all traffic fines on the tag have been cleared. Cancel the insurance policy, as one may be eligible for a partial refund. Similarly, remove all personal belongings from the vehicle. It is also courteous to provide the buyer with maintenance records and spare keys to build trust.
Conclusion
Selling a vehicle in Dubai does not have to be a hassle, especially if one understands the legal requirements and takes the proper precautions. Whether looking to sell a car quickly or aiming to get the best price, following the indicated guidelines will assist in navigating this process. For further assistance, car-buying services may also help sellers to streamline the transaction. This is to ensure a stress-free experience from beginning to end.
