It is usually the priority of a number of car buyers to buy a used car for sale in UAE that meets their budget. The budget allocation for the purchase of a new car is not only done to calculate the amount to buy a used car but also to have an idea of the monthly expenses of the car after buying it. The cost of the maintenance and service of the car in the longer run is to be determined to make a qualitative choice while buying a used car in the UAE.

Plan your Budget Sensibly for Buying a Used Car in UAE

The first thing while buying a budget friendly car is to plan your maximum investment for buying the car. You need to make account for all other necessities to be fulfilled from your side and design a budget that does not disturb your lifestyle. With that you also need to make a clear count for the expenses you will be bearing in the longer run. Staying realistic about your budget helps you avoid problems afterwards.

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Make an Idea of the Running Cost of the Used Car

There are some clear ways of determining the running cost for a used car for sale in UAE. For this purpose, you need to know how old a car model you are looking to buy or what fits your budget. It is highly suggested to not to buy a car that is too old and a car that has covered over 60,000 kilometers is considered as old.

According to an average assumption, the annual running cost of a used car that is not too old is $5,000. The total running cost of the used car is estimated on the basis of calculations listed below:

  • Fuel Cost Based on 10,000 miles per year: $1,000
  • Insurance Cost: $500
  • Maintenance and Service: $700
  • Vehicle Tax: $25
  • Assumed Annual Depreciation: $2775

This is the running cost you will roughly be paying after buying a used vehicle. The running cost varies according to the type of the vehicle and its use.

How to Locate the Right Car

Once you have made your mind on a specific budget and you understand the monthly expenses of the used car, you can now move on to finding a suitable car that fits in with your budget. For this purpose, you can search online on the car selling and buying platforms, classifieds and the dealers in the market. You can choose the way according to your ease. Usually buying from the dealers is the right option for buying used cars as the dealership helps you avail the variety of options of cars in your budget and it is a less time-taking process too. You should always research properly and compare cars before making a final decision to buy a used car for sale in UAE.

Take the advantage of growing market of used cars for sale in UAE and have your hands on maximum profit. So, try our online calculator for getting better value of your car.