When you buy new car in Dubai, it comes with added perks of personalization and the latest technology features. But recently, new car prices in Dubai have also gone high due to great demand for the latest car models. However, car prices also vary by a huge margin as you move from one dealer to the next, due to which you end up being confused about which figures to trust.
Don’t give up! Here we’ve some best techniques to find out new car prices in UAE that will surely help new buyers close a great deal.
6 Techniques to evaluate New Car Prices
When it is about purchasing anything that costs a huge amount, everyone tries to save as much as one can. In case of purchasing a new car, you should first do research before car shopping, lock in your finances, and budget accordingly. Let’s take a look at some amazing techniques to discover new car prices in the UAE.
Do Your Research Before Doing to Any Dealership
Just as technology has been facilitating our shopping experience, in-car shopping online resources have greatly enabled customers to check for what dealers have in the market. It is really helpful to check out which car model is trending and what the reviews are for that specific car.
You can also check specific vehicle availability in your area before going in person. Otherwise, the dealers would push you to purchase a vehicle you haven’t researched about. At some times, you might find two different dealers selling the same car model at the same price, but one might offer better extras like free maintenance or a discount on car accessories.
Loan Pre Approval
It is one of the most important tasks that you should do as early as possible. It will eventually look at the expected monthly cost with a potential lender before you go to buy a new car in Dubai. This will help you in shopping for your new car with a firm understanding of the amount you should spend on this purchase.
However, while looking for loans, you should also make sure the approach is in the same manner. You can also compare lenders before finalizing any deal.
Stick to Your Budget
While shopping for a new vehicle, you must use the budget amount as a guiding light for car shopping. It is definitely true that in this age of high car prices, it is difficult to stick to a budget. But in this case, you must keep a very small wiggle room that stops you from going out of your budget.
To determine how much budget you should allocate for purchasing your new vehicle, you can take the help of an online finance calculator that gives you an idea about monthly financing costs. Moreover, make sure to include other vehicle costs like maintenance and insurance in this same budget.
Consider Leasing for a Short Period
If you’ve made up your mind to purchase a car, but it doesn’t fit your budget, then in this case, leasing can be a better option to get your dream car. But leasing can be a good choice only when you lease your car for a shorter period of time. Those who lease cars for long-term costs find themselves paying a huge amount than they even have not imagined.
Probably by the time the lease of the car ends, the economic environment would be totally different and make you able to afford a better new car.
Gather Invoice from the Dealer
Before you start negotiating with the dealer to finalize a new car price in Dubai, you can also ask the dealer to show the invoice from the manufacturer, which gives you an exact idea about the price of the car. Ideally, buyers should aim at invoice price or somewhere between their budget and invoice price.
This practice will also keep you in your comfort zone while negotiating with the dealer to decide on a mutual price. Most of the dealers would refuse to present you the invoice, but try walking to another that shows you the invoice.
Compare Price & Features
You can also ask features and functionalities of the car in detail and then compare the price to determine whether it justifies the demand amount or not. At times, you will get the same features and functionalities in some other car models by different brands and at a comparatively lower price.
So, if you are not so brand conscious, then at times, you can find a better car with top-notch features at a relatively lower price. Saving a good amount in this way, you can utilize this budget on personalization and maintenance of the car.
There are different techniques used by different buyers across the city for determining new car prices in Dubai. In the UAE, Dubai is the most populated city that has a huge demand for new cars for sale. This is the main reason every dealer next door tries to earn more, as a car has been a necessity more than a luxury.
There are many foreigners also living in Dubai who don’t have an idea how to purchase a new car at a reasonable price. It is recommended that they try these techniques to find out the actual price of the car before finalizing any deal. However, if you still feel that you are unable to find the most appropriate price, then you can consider buying used cars in Dubai, which save you a great amount and also bring lots of benefits.
So, keeping it as simple as we can, doing some good research, and then stepping into the market will greatly influence your purchasing decision. Moreover, if you have good negotiating power, then it means you will close a great deal that benefits you more than the dealer. Wishing you great luck with your next car purchase.