How to buy a car in Dubai: A Complete Guide

Dec 28, 2018 by

Buying a new car is one of life’s more exciting experiences. In the middle of all the excitement, there is a lot to manage. When the car is shortlisted, the next step is to zero in on the best car insurance plan. So to help you to make a well-informed decision, we’ve put together this guide. It will help you walk you through the car buying process from beginning to end – including everything you need to consider and big mistakes to avoid. So, let’s begin:

Analyze Your Needs

When it comes buying the car, the (obvious) first step is to do your own research properly. After that, you need to compare different car models, features, reviews, and price. By doing this, you will get a clear idea of what exactly you want in terms of space, features, technology, and performance. So, figure out which type of car you want, how many passengers it will carry, and the features you want in a car. It will bring you one-step closer the car of your dreams.

Set a Reasonable Budget

Setting your budget is very important before you make a decision of buying a car. It will let you filter through the options accordingly so you can focus only on those cars that you can afford. Besides the cost of the car, make sure you include the costs of maintenance, car insurance, fuel, repairs, and miscellaneous expenses in your overall budget.

Book A Test Drive for Complete Satisfaction

Once you find the car that strikes your fancy, one of the most important things you ought to do is to take it for a test drive. After the test drive, you will be able to make a well-informed decision.

During the test drive, you can analyse various features that you can’t analyse merely by reading the customer reviews. For instance, you can calculate the power of acceleration, noise level of the car, the comfort and safety features, the smoothness of the drive only by getting the car on the road.

Clarify all your Doubts

After taking the test drive, a lot of questions can pop-up in your mind. Maybe, something might not work as per your expectations. So, make sure you clear all the doubts which might make you have second thoughts about the car. It’s always a better idea to clarify your doubts and get everything in writing from the dealer before you sign the documents. This helps in avoiding any miscommunication and provides you with a much-needed assurance.

Note: It is quite common practice with car dealerships that they promise (such as free accessories and discounts on the purchase) but they don’t provide it while selling the car. Make sure that each and every promise made by the car dealer is noted down and signed on their letter-head.

Choose Your Budget Wisely

In case you want a car loan, feel free to ask the dealer to get you quotes from the several banks. Since most car dealers have a tie-up with banks, they would be happy to oblige. However, you can yourself apply for a car loan by approaching several banks. Before you apply for a car loan, keep in mind several important factors such as:

  1. Monthly payment
  2. Down payment
  3. Processing fees
  4. Foreclosure charges

Understand the Insurance Coverage

Buying car insurance in a city like Dubai is mandatory to cover yourself financially in case of an accident. Keep in mind that auto insurance acts as a blessing in disguise that provides financial protection in times of trouble. Read the policy inclusions, exclusions, terms and conditions carefully so that you can make the most of your car insurance plan. If you are not convinced with the policy, you can approach other car insurers and buy a car insurance policy of your own choice.

Book the Car

Once you have finalized the car, agreed on a suitable price, then the next step is to book the car. Seal the deal by booking the car through and pay the down payment. Make sure you get in writing under what conditions the deposit is refundable. For instance, the banks do not accept your loan application.

Necessary Paperwork

In the end, you must get done with the necessary paperwork. Ask the dealer for all the relevant documents that you have to submit and make sure you don’t miss out in any document.

Over to You

In this article, we have mentioned all the important tips for buying a new car in Dubai.Before sealing the deal, make sure all your questions are answered.

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