When buying a used car in Dubai, UAE, most buyers focus only on the price of the vehicle, while some additional and hidden costs are ignored. These costs may seem small, but can have a significant impact on the overall budget. That’s why it’s important to understand these potential costs before buying. So that there are no financial surprises.
The first hidden expense may be the vehicle inspection and testing fee. Although this is a mandatory and beneficial step, the fee for certified inspection centers and RTA test has to be paid by the buyer himself. Sometimes these costs can be increased if more than one vehicle is inspected.
The second major expense is related to registration and transfer fees. The RTA fee is paid for steps such as transfer of ownership of the vehicle, new registration plate, and file opening. If the vehicle is registered in another emirate, additional charges may also apply, which are often not pre-calculated by the buyer.
The third hidden cost is related to insurance. The cost of insurance for a used car depends on the age, condition of the vehicle and the driver’s record. Insurance premiums on some vintage or luxury vehicles can be quite high, which can impact the budget immediately after purchase.
The fourth major expense is repair and maintenance. Although the car appears to be in good condition, expenses such as tires, batteries, brake pads, service or air conditioning may come up after purchase. Due to Dubai’s harsh weather, some parts wear out quickly, which can increase the initial maintenance cost.
The fifth hidden expense may be related to outstanding fines or penalties. If the previous owner’s traffic fine or Salik charges are pending on the vehicle and are not verified, the amount may have to be paid to the buyer. That is why it is very important to get full clearance before the purchase.
Finally, if the vehicle is being purchased on finance, bank fees, processing charges and possible interest are also added to the total cost. Keeping all these hidden costs in mind, it is a wise decision to make a budget, because buying a used car in Dubai is beneficial at the same time. When all the additional costs with the price are planned correctly.