For experienced car sellers, selling a car privately might be a good option as they have the experience that is required to make the car selling process safe and hassle-free. However, the scenario of inexperienced car sellers is totally different as they might be selling their cars for the first time with no experience of car selling at all.
There are different ways through which car selling privately can be made easier and safer but what the car sellers need to keep in mind is that an easy method of car selling might feel them safe from problems in the beginning but it will, in the end, becomes a headache when they will have to face some serious challenges, which are associated with this process.
Today, the usage of classified websites has been on the rise to sell the cars privately where the sellers can post free of cost ad of their vehicles for a bigger audience. Similarly, the car expert dealers have been an important source of car selling privately for a long time. Since the car market of the UAE has grown immensely, the car selling related scams have also been rising where the car sellers are easily tricked by fraudsters.
Here are some of the tips through which selling car privately can be made easier and safer.
Selling a Car Privately through Classified Websites
The car sellers can be easily approached by the fraudsters through classified websites as potential car buyers. The vulnerability of car sellers can be easily judged by these fraudsters who make the sellers victim of a fake car deal. These fraudsters either run away with the vehicle while doing the physical inspection of the vehicle or pay a dud cheque as a mode of payment if they reach any deal. The car sellers cannot avoid all such kinds of difficulties that are related to the process of private car selling process through classified websites.
Classified websites are easy to reach for car sellers who look to sell their cars privately and also free of cost. However, in the meantime, this provides an opportunity to fraudsters to dupe the innocent car sellers who have little or no experience of car selling process. The car sellers can post the ads of their vehicles at zero cost on classified websites and it might seem a very good platform to reach a large audience, out of which they might find the potential buyers for their vehicles, but any deal carried forward through such platform is full of loopholes and security concerns.
In recent times, there are a number of car related scams that have been reported in the UAE where the car sellers are approached by the fraudsters as potential car buyers for their vehicles. These fraudsters make the sellers victims of fraudulent car deal by either running away with the vehicle while doing the physical inspection or paying a bogus cheque as a mode of payment. The classified websites do not have any mechanism or official channel through which they can ensure the authenticity of car buyers.
The classifieds also do not have any payment gateway, so the whole deal remains subject to a massive financial risk. So these are the concerns that are related to selling a car privately through the classifieds that cost the loss of the vehicle as well of the money.
Also read: Best Tips for Selling a Car for Cash in the UAE
Selling Car Privately to Private Dealers
Selling a car privately to private dealers is not the safest way to sell a car as most of the private dealers run a fraudulent car selling and buying network where they always keep themselves ready to trick the inexperienced car sellers to fulfil their fraudulent intentions. These car dealers do not hold any license that ensures a legal car selling process and are fake dealers who approach the sellers through different online channels, mainly the classified websites. They do their best to trick the car sellers with their tricks by offering them lucrative offers so that the car sellers can agree on selling car privately to them.
The whole process of selling a car privately to unlicensed car dealers is full of security risks and might involve criminal activities. The fake dealers either steal away the car when the seller take it for physical inspection or pay a fake cheque in place of cash. These fraudsters also offer handsome resale price to the seller but selling the car to these dealers is risky because fake dealers do not follow the legal protocols to buy a used car. This results in that the vehicle still remains in the name of the seller when it gets soled and can be used for criminal activities afterward, which can cause legal action against the seller.
Also read: Why Selling a Car Privately is not a Good Option for Car Sellers?
What is the Best Way to Sell a Car Privately?
The car buying companies are the best option to sell a car privately as these companies offer services to car sellers and ensure a safe car selling process. CashAnyCar.com is one of such specialist car buying company in the UAE that provides its services to car sellers across the UAE. With CashAnyCar.com the seller can sell the car privately in a safer way as it does not involve any intervention of a dealer or car selling agent.
The car selling process through CashAnyCar.com starts with the filling of an online car valuation form at the company’s website after which the seller can book an appointment with the legal team at any nearby branch of CashAnyCar.com. This car valuation form takes the basic information of the vehicle and also provides an idea of the starting price to the seller. This initial estimate of the vehicle’s price is open to negotiations as the seller might not agree with the calculated price and is also subject to change post physical inspection of the vehicle.
Once the seller takes the vehicle for physical inspection, it takes only a few minutes for the team to evaluate the vehicle on the company’s standard criterion that it sets for the inspection of the vehicles. After completion of the physical inspection of the vehicle, the legal team will offer their final price that can be negotiated as well only if the seller asks for a realistic price for the vehicle.
However, once the seller agrees to the price offered by the team, a purchase agreement will be signed between both parties to complete the deal. This whole process of selling a car privately to CashAnyCar.com is legal as this company is a legal car buying platform that helps the car sellers to sell their vehicles in the UAE at best price and in the safest way without worrying about the condition, make, model or age of the vehicle.
It just takes 30 minutes to complete the deal of selling a used car as the process is responsive, fast, and reliable. Once the title of the vehicle is transferred from the name of the seller to CashAnyCar.com, the payment against the vehicle is made through electronic bank transfer. The company’s legal team handles the whole of the post paperwork process that means the seller has to just wait to get an ideal price of the vehicle, which will potentially be close to the expectations.
CashAnyCar.com offers a transparent and hassle-free car selling process that makes it an ideal platform for selling a car privately if the seller wants to avoid becoming a victim at the hands of fraudulent car buyers or fake car dealers. CashAnyCar.com takes care of the whole car dealing process, offers a fair price to the seller against the used vehicle, and handles the post paperwork thus relieving the seller of all the worries of car selling in the UAE.
