Buying or Leasing a car in Dubai
Jul 20th 2008, 5:36 pm
#1
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Buying or Leasing a car in Dubai
Hi guys
Im two weeks away from starting work. Im going to have to rent a car for the first month or so until i decide what to do...
The hubby is getting different advice from everywhere.... buy..... lease..... get this, get that... look here, look there!!
Im just getting a little fricken sick of looking and getting nowhere!
I was going to look at a car about a year or two old, hopefully from an expat due to the horror stories! Then a guy says no, just lease it and change it after two years but the leasing prices seem more expensive than a loan?!
Been checking the gulf news regularly, but TBH aint really got the first clue how long it would take to buy a car from another person due to this test things and registration... do you just put down a deposit until it is all done?
Ta muchy peeps! xx
Im two weeks away from starting work. Im going to have to rent a car for the first month or so until i decide what to do...
The hubby is getting different advice from everywhere.... buy..... lease..... get this, get that... look here, look there!!
Im just getting a little fricken sick of looking and getting nowhere!
I was going to look at a car about a year or two old, hopefully from an expat due to the horror stories! Then a guy says no, just lease it and change it after two years but the leasing prices seem more expensive than a loan?!
Been checking the gulf news regularly, but TBH aint really got the first clue how long it would take to buy a car from another person due to this test things and registration... do you just put down a deposit until it is all done?
Ta muchy peeps! xx
Jul 20th 2008, 6:47 pm
#2
Down and out
Joined: Jul 2008
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Posts: 872
Re: Buying or Leasing a car in Dubai
You can get some very cheap rental deals for a few months while you work out what you want - eg. I'm paying 10 quid a day for a Ford Focus from National.
Car finance seems to need 3 months bank statements so you may need to wait before buying anyway unless paying cash.
Car finance seems to need 3 months bank statements so you may need to wait before buying anyway unless paying cash.
Jul 20th 2008, 7:56 pm
#3
need a new teeshirt
Joined: May 2008
Location: Bahrain
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Re: Buying or Leasing a car in Dubai
think you can pay first three months in advance and leave credit card details until you get ur bank statements if you lease
Jul 21st 2008, 3:41 am
#4
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Re: Buying or Leasing a car in Dubai
Depends how long you plan on being here. The longer you expect to stay, the more buying becomes preferable to leasing/rental.
With lease/ rental you will get repairs, servicing, insurance, vehicle inspection as part of the deal - saving a lot of hassle. You also do not have to worry about buying a 'wrong' vehicle, or having to sell at a knock down price as your departure date looms. However, for all this, you pay a higher price.
With lease/ rental you will get repairs, servicing, insurance, vehicle inspection as part of the deal - saving a lot of hassle. You also do not have to worry about buying a 'wrong' vehicle, or having to sell at a knock down price as your departure date looms. However, for all this, you pay a higher price.
Jul 21st 2008, 5:45 am
#5
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Re: Buying or Leasing a car in Dubai
ive seen a couple of cars this morning in the Gulf news so i am going to buy!
How long approx does the process take from beginning to end and i am still unsure about how you buy it off another resident.
Do you pay the full amount then they have to take it to get it tested and registered...... I presume i cant drive it until I have insurance and it is in my name?
How long approx does the process take from beginning to end and i am still unsure about how you buy it off another resident.
Do you pay the full amount then they have to take it to get it tested and registered...... I presume i cant drive it until I have insurance and it is in my name?
Jul 21st 2008, 8:18 am
#6
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Joined: Feb 2007
Posts: 29,625
Re: Buying or Leasing a car in Dubai
you and the owner of the car go to the car registration place, you will need your residency visa, driving licence and insurance. You can buy Insurance at the Centre but I would say go through Royal Sun Alliance, we use them and they are very competitive. Basically you hand over the money and then the owner gets the car transferred into your name. Costs 50 dhs I think. I forgot to e mail you about my car, we have decided to keep her until the end of the year at least. I have had 4 cards put on the windscreen this week by people who want to buy her so seeing as she is so special I am gonna keep her 
Jul 21st 2008, 12:40 pm
#7
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Re: Buying or Leasing a car in Dubai
you and the owner of the car go to the car registration place, you will need your residency visa, driving licence and insurance. You can buy Insurance at the Centre but I would say go through Royal Sun Alliance, we use them and they are very competitive. Basically you hand over the money and then the owner gets the car transferred into your name. Costs 50 dhs I think. I forgot to e mail you about my car, we have decided to keep her until the end of the year at least. I have had 4 cards put on the windscreen this week by people who want to buy her so seeing as she is so special I am gonna keep her
