Very few of us in the UAE could imagine living here without a car. Almost the entire infrastructure of the city of Dubai is spread out and requires driving a car to get there. When newcomers move to Dubai or Abu Dhabi, once they have sorted out a place to live, they will frequently turn to buying a new or second-hand car. In recent years, the option of yearly leasing has also become a popular option due to the transient nature of expats and low costs.
Many would agree that buying a car in Dubai can be exciting, but it’s also very time-consuming – it can take as long as 17 hours of searching to find your dream car! And with so many websites and cars to choose from, it can get very confusing.
Here are some factors to consider when buying a car in Dubai:
Know your requirements
Listing your requirements of the car you need should be one of the first things that you do. What are your needs: Do you have long commutes? Do you have a small or large car park available? Will you only drive it in the city or you might go for some off-roading? Think about what features you need the most in the car to make your rides easier and more comfortable.
Determine your budget
Before you start searching for different models, consider the budget you can put towards buying a car. There are lots of cost calculators online, and you can also use our app Seez that uses intuitive artificial intelligence to estimate the fair value of models and price depreciation based on the real-time data collected from all of the car buying websites in the UAE. Knowing that the car you will invest in will retain a good percentage of its value will give you peace of mind.
Second-hand car or car leasing options?
Download Seez app here to lease the 2019 Honda Civic.
In more recent years, second-hand car buying and yearly car leasing have become a popular option for many in Dubai, and is often a cost-effective one.
When buying a second-hand car, consider looking for reliable and stable car brands and models that retain their value and are known to perform without unexpected hazards. In a recent study by Seez, Nissan, Infiniti and Toyota brands were found to retain the highest value after 3 years.
Many car dealers in the UAE also have a car leasing option but may not obviously advertise it. In our most recent report, we compared the cost of owning a car with that of leasing a car over a two-year period. Buying a car, would cost AED68,000 over a one year period, including car depreciation, interest, insurance, registration and maintenance. In comparison, a year’s lease on the same car was AED52,980 in total, as all other fees are included within the monthly car payment.
Welcome to the UAE – Dubai is a wonderful city with people from all over the world. There are many great places drive to including the mountains of Fujairah, the old city of Hatta and the Sheik Zayed Grand Mosque.
We guarantee that you will have a ball.
Seez (www.seez.co) is a car selling, buying and leasing app that gathers and cleanses the jungle of car adverts from across websites in UAE, Kuwait and Saudi Arabia, reducing the time it takes to find your dream car from an average of 17 hours to 6 seconds. Seez developed the world’s first artificial intelligence (A.I) car negotiation chatbot called Cesar, who finds you the best deals, estimates the fair value of the car and even negotiates the price on your behalf. The app also has an A.I car recognition feature. Seez’ A.I is emerging into a smarter stage to develop a Netflix-like algorithm which will give you recommendations on how you can drive more effectively, based on your user profile. Download it for free on iOS or Android here www.seez.co