FAO - MATT!! ( or anyone who's bought a car here!)

FAO - MATT!! ( or anyone who's bought a car here!)

Author
Discussion

Chilli

Original Poster:

17,318 posts

237 months

Monday 21st December 2009
quotequote all
Ok, so I've contacted this guy about his car. It's up for 95k, and he said he's open to offers, and has asked what my best offer would be. So, what shall I say? Think 80k is taking the pi$$?

Many thanks.

Mattt

16,661 posts

219 months

Monday 21st December 2009
quotequote all
It's a bit like Life of Brian - and you're trying to buy a disguise.

I'd say go in lower than that - but I'm no expert.

Chilli

Original Poster:

17,318 posts

237 months

Monday 21st December 2009
quotequote all
Hmmmm, guess it depends on a few things, same as in the UK.
Ok, I'll try 75 and see what he says.
Cheers.

Mattt

16,661 posts

219 months

Monday 21st December 2009
quotequote all
Is he a Brit? What car is it?

Chilli

Original Poster:

17,318 posts

237 months

Monday 21st December 2009
quotequote all
Mattt said:
Is he a Brit? What car is it?
No, a local, I think. Sounds pleasant enough though. The car is a Chrysler 300 SRT8.

Asterix

24,438 posts

229 months

Tuesday 22nd December 2009
quotequote all
Are you buying cash or finance?

IIRC - if it's on finance it has to be valued at the local dealer and the finance will only pay out on that - if they value it lower and he still wants more, you'll have to stump up the extra cash.

I think...

Chilli

Original Poster:

17,318 posts

237 months

Tuesday 22nd December 2009
quotequote all
Asterix said:
Are you buying cash or finance?

IIRC - if it's on finance it has to be valued at the local dealer and the finance will only pay out on that - if they value it lower and he still wants more, you'll have to stump up the extra cash.

I think...
Na, it'll be cash.
Offered 75 and was told (nicely) that he had an offer of 79. So I suggested he go with that and to let me know if the deal falls through.....I'm suspecting I'll be getting a call in a day or so!

Asterix

24,438 posts

229 months

Wednesday 23rd December 2009
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Fair enough - sounds about right.

Chilli

Original Poster:

17,318 posts

237 months

Friday 1st January 2010
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An update...75 has been accepted, albeit a week later. Anyone able to give a quick run-down of the process...ie what do I get off him (apart from the car/keys!)..paperwork, government "things"?

Cheers.

Hitch78

6,107 posts

195 months

Friday 1st January 2010
quotequote all
You need to find out if he has outstanding finance - if he does he will need to pay this off to get a Mortgage Release letter from his bank as otherwise the transfer will be blocked. Can be a pain in the arse if you end up having to go to his bank with him but it avoids the UK hpi issue.

Then, take your insurance certificate (though there is a broker on site), UAE licence, UK licence (card and paper), and copies of your passport and visa to one of the Tasjeel transfer places. You might not need all of those things but no doubt the one you don't take will be the one they want on that day so belt and braces!

I use the one next to the Gold and Diamond park as you can pay 100dhs for priority service and they do the running around for you. The seller puts the car through the test lane, pays any outstanding fines and then signs the car over to you. He will surrender his licence card and they will give you a new one.

It's pretty painless really, takes maybe 30/45 mins. Good luck, and well done on the new motor!

Hitch78

6,107 posts

195 months

Friday 1st January 2010
quotequote all
You need to find out if he has outstanding finance - if he does he will need to pay this off to get a Mortgage Release letter from his bank as otherwise the transfer will be blocked. Can be a pain in the arse if you end up having to go to his bank with him but it avoids the UK hpi issue.

Then, take your insurance certificate (though there is a broker on site), UAE licence, UK licence (card and paper), and copies of your passport and visa to one of the Tasjeel transfer places. You might not need all of those things but no doubt the one you don't take will be the one they want on that day so belt and braces!

I use the one next to the Gold and Diamond park as you can pay 100dhs for priority service and they do the running around for you. The seller puts the car through the test lane, pays any outstanding fines and then signs the car over to you. He will surrender his licence card and they will give you a new one.

It's pretty painless really, takes maybe 30/45 mins. Good luck, and well done on the new motor!

Chilli

Original Poster:

17,318 posts

237 months

Saturday 2nd January 2010
quotequote all
Excellent stuff, many thanks for your time.

Cheers.