ging

How to evaluate my used car fairly?

5 posts in this topic

With present car market condition, I know all is too bad and car selling for cheap but i am want know how to find a fair value at first and then drop further to deal with bad market crisis. In us there is kbb - kelly blue book so if there is anything similar to that existing in dubai or uae car market? I am tired of seeing insurance inflated car value and used car dealers super deflated car values, there should be something in between to tell the owner of real fair value after certain kms and year of use. 

Share this post


Link to post
Share on other sites

I dont think there is any such thing existing here and that's why dealer always give you so low offers as there is nothing to command any fair going price. What max you can do it yourself is do the manual depreciation and get an estimate by yourself, but still you cant prove any point to others for explanation. Btw, this is very good food for thought for any new online business who want to invest some good money in building such online and easy to use credible fair car evaluator tool.

Share this post


Link to post
Share on other sites

In U.K. We have similar called glasses guide. 

Here though, the only real way is to check dubizzle and see what similar spec cars go for and base it on that. 

Share this post


Link to post
Share on other sites

dubizzle is all tainted now, unlike it used to before 5 years back.

its filled with agents, scammer and dealers rigging the price all time.

 

Share this post


Link to post
Share on other sites

@ging I know exactly the problem you are facing. Any popular cars, Toyota or Nissan sell easily with a fair resale value, Other Japanese brands also fetch a good price, although not as high as the top 2 mentioned. After about 5-7 years of use most American, European and Korean brands will loose their value pretty quickly, exceptions are always there. It all depends on what you have and how popular it is here, which is dependent on how easily you can get the spare parts and how much they are going to cost. As an example a 10 year old Toyota Land Cruiser will still fetch you over AED 60K, but a Range Rover once 10 years old will fetch you around AED 15K although brand new the price of the Range Rover is double of the highest spec Toyota Land Cruiser.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now

    • Dreamland Aqua Park + Lunch on 28 April 2017
      Dreamland Aqua Park + Lunch on 28 April 2017
    • Fake Chinese iphones
      Fake Chinese iphones
    • City Overdrive Underground Party
      City Overdrive Underground Party
    • The diagnostics game
      The diagnostics game
    • Fancy owning your own Veyron?
      Fancy owning your own Veyron?
    • Desert / Mountain drive and overnight camping - 21 - 22 April 2017
      Desert / Mountain drive and overnight camping - 21 - 22 April 2017
    • Your driving bucket list
      Your driving bucket list
    • Movie Night - Fast and Furious 8 - 14 Apr 2017
      Movie Night - Fast and Furious 8 - 14 Apr 2017
    • Secret Silk Route Drive for Newbie/Fewbie - 7 April 2017
      Secret Silk Route Drive for Newbie/Fewbie - 7 April 2017
    • BMW D-Drive
      BMW D-Drive
    • Best birthday ever
      Best birthday ever
    • Scenic drive to Jabal Jais - highest point in UAE - 31 Mar 2017
      Scenic drive to Jabal Jais - highest point in UAE - 31 Mar 2017