Menu

Search

  |   Business

Menu

  |   Business

Search

Selling Your Car Individually vs. Through a Dealer

The used car market is thriving and a lot of people are looking to sell cars in Dubai, but the route that you take to sell your makes all the difference. The two different routes that you need to decide between are usually one of selling your car individually and the other is to sell it through a dealer. Everyone has their own reasons for deciding between the two, but before you do so, it is important to have adequate knowledge about each. Having some kind of knowledge before you decide between the two will help you make an informed decision.

First let us understand the pros and cons of selling car individually vs. through a dealer:

  1. The final deal – the final price that you get for your used car is always better when you sell it individually but the process of coming to the final price is often a long and tedious one. Since it is up to you to do all the work in terms of marketing your car, convincing prospective buyers and finally closing the deal, it requires a lot of time and patience. But once you get through this, the end result is extremely rewarding. New cars in Dubai like anywhere else tend to be expensive, so a lot of people opt for a used car. Keeping this in mind, getting buyers will not be an issue, but convincing them might be a task as each one has their own likes and dislikes. But there is a lot of flexibility in negotiating since it is being done individual to individual.
  2. The quick process – the process involved with selling a used car through a dealer is quick and easy but you usually end up getting a lower selling price. The potential tax benefits associated with selling your car through a dealer makes up for the low selling price but the difference is still substantial. What one does forgo is the long and tedious process involved with selling it individually as all the work is done by the dealer and there is hardly anything to be done on the part of the individual.
  3. Inspection of the car – a car owner will have limited knowledge about his car when compared to experts in the business. Before selling the car, inspecting it for any repairs, damages and maintenance is of utmost importance. A dealer like Carswitch has their team of experts who will inspect the car and be able to tell exactly what it needs and what it does not. A sole owner of the car might not be able to this so precisely himself. A lot of potential buyers usually prefer cars that have been hand inspected by experts because they know that it will reduce the chances of any issues in the future.
  4. After sale process – any hassles associated with the car sometimes comes back on the original owner if the car has been sold individually. But if the car has been sold through a dealer, than any issues post the sale of the car, is something that the dealer has to deal with. This might not seem like a very major difference, but it does matter depending on the issue and who the car has been sold to. Some buyers may pose problems after buying the car if they are not satisfied. An individual should not have to deal with this and it is better if a dealer has to face these issues as they are more trained in handling them.

Keeping the above points in mind, one should be able to make a sound decision on how they want to sell their car. Selling it individually vs. selling it through a dealer, both have their own set of pros and cons but it is up to the car owner to decide how he wants to do it. Irrespective of the decision, it is always best to consult experts about the condition of the car and the best price that you can get out of it. This will put you in a better place to make a decision and ensure that you are not losing out.

This article does not necessarily reflect the opinions of the editors or management of EconoTimes.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.