Selling a car privately might be a good option for experienced car sellers but for those who are selling their car for the first time or those who don’t really have sufficient prior experience, this is not a suitable option. There are a number of ways to sell a used car and private selling of used cars is one of them. What car sellers need to keep in mind is that an easy method to sell a car might save them from initial hassles of selling a used car but it will ultimately become a headache when they will have to face the serious challenges that are associated with selling your car privately. When I am selling my car privately, I am actually willing to ignore any expert help to sell my used car and that is not suggested unless you have extensive car selling and buying experience.
Here is how you can be tricked by car buyers or become a victim of fraudulent car deals if you are selling privately.
Fraudsters can Approach You through Classified Websites
Classifieds are an ideal medium for fraudsters to contact car sellers as potential car buyers. These fraudsters can easily judge the vulnerability of car sellers and make them victim of a fraudulent car deal by offering them a bogus or dud cheque as a mode of payment against vehicle or by running away with the vehicle while test driving or inspecting it. All such concerns are part of the whole car selling deal when you are selling a car privately through classifieds.
Classified platforms are the go-to-option for car sellers who look to sell their cars privately and this gives an easy opportunity to the people with fraudulent intentions to dupe innocent car sellers. While posting a car selling ad might seem a very good option as it can easily grab the attention of a large audience, out of which you may find the potential buyer for your vehicle, but any deal carried forward through classifieds is full of loopholes and security concerns. Selling privately can become extremely dicey if you try to sell a car to a buyer who approaches you through a classified website.
In recent past, there have been many instances in the UAE where private sellers were approached by fraudsters and were made victim of a fraudulent car deal. These fraudsters approached car sellers and showed their interest in the vehicles. When called for the physical inspection by the seller, the fraudsters either offered a dud cheque as the payment of the vehicle or ran away with the vehicles while test driving. These are serious concerns associated with selling car privately through classifieds and it is because classified websites don’t have any mechanism to ensure that authenticity of car sellers. There is also no payment gateway, so the whole deal remains subject to a massive financial risk.
Selling a Car to Private Dealers
Private dealers run a fraudulent car selling and buying network where they remain on the lookout for car sellers who are inexperienced and can easily be targeted to fulfill their fraudulent intentions. These dealers are unlicensed and fake dealers and they also approach the car sellers through different online channels, particularly the classified websites. They lure car sellers into different incentives so that car sellers can agree on selling them their used cars.
Selling a car privately to unlicensed car dealers can never be a good option. It has serious security risks attached as these dealers might be involved in criminal activities and can steal your car away when you go with your car for physical inspection of the vehicle. On the other hand, you might be offered a handsome resale price for your vehicle by these dealers but selling a car to such dealers can be risky because fake dealers don’t follow the legal protocols to buy a used car. This means your vehicle might still remain in your name even when you have sold it and can be used for any illegal activity which can cause legal actions against you.
What is a Safe and Best Way to Sell a Car Privately?
In order to sell a car privately, the best option is to sell it through a specialist car buying company. These companies offer their services to car sellers and ensure a hassle-free process to sell used cars. One of such specialist car buyers in the UAE is CashAnyCar.com. With CashAnyCar.com, you can privately sell your used car as it doesn’t involve any intervention of a dealer or car selling agent. You can just book an appointment at one of nearby branches of CashAnyCar.com by filling the online car valuation form at their website.
The car valuation form not only takes the basic information about your vehicle but also brings into your notice the ideal resale value of your vehicle. This initial estimate is, however, subject to change post physical inspection of the vehicle. Once you take your vehicle for physical inspection, it takes only a few minutes of inspection by CashAnyCar.com’s experts who evaluate your vehicle on their standard criterion set for the inspection of the vehicles.
A final sale price offer is communicated to the car sellers after inspecting a vehicle. Be reminded that even the final sale offer is flexible and is open to negotiations, but only if you ask a realistic resale price for your vehicle. Once the car sellers agree on the final offer by CashAnyCar.com, the deal gets sealed and a purchase agreement is signed between both parties. The whole deal is legally completed as CashAnyCar.com is a legal car buying platform that helps car sellers in selling a car privately in the UAE at its best resale price and without having to worry about the condition, make, model or age of the vehicle.
It just takes 30 minutes to get done with selling a used car as the process is fast, responsive and reliable. The payment against the vehicle is made through electronic bank transfer once the title of the vehicle is transferred in the name of CashAnyCar.com. The whole paperwork is handled by CashAnyCar.com’s team, which means you clearly have to just and wait to get an ideal resale price for your vehicle that will potentially be close to your expectation. The transparent nature of the method and hassle-free process makes CashAnyCar.com an ideal option to sell a used car if you want to avoid becoming victim of a fraudulent car deal at the hands of fraudulent car buyers or fake car dealers.
