How to take part in a Car Auction in Dubai?

Everyone is aware of how an auction works. It gives a good chance to buy things with high demand at good prices. In the UAE, car auctions are one of the popular auction events. Here the visitors can buy cars at unimaginable prices be it high or low. The car auction in UAE happens at all the emirates with a slightly different process. Here in this article, we’ll check all about car auctions in Dubai.  

Working of Car Auction in Dubai

The car auctions in Dubai are conducted by the Government of the UAE only. Emirates Auction, Emirates Transport and RTA are also a part of this. The live car auctions are not available for the general public. Individuals who bid the highest price will get the car. 

There are several cars which include big brands, taxis, company vehicles, etc. that are put up for auction. The cars that are up for auction will be used cars from companies, private, or even Dubai Police along with abandoned cars. The impounded cars in Dubai which are not released by the owners are also put for auction by Dubai Police. 

How to take part in a Car Auction in Dubai?

The car auction in Dubai is conducted in two ways: 

• Live Car Auction
• Online Car Auction 

Live Car Auction in Dubai 

The live car auction in Dubai is available only to the ones that are invited by the Government. The steps to be followed once you are invited to the Live Car Auction in Dubai are, 

• Visit the location 
• Fill the registration form and provide valid documents like Emirates ID 
• Pay the auction fee 
• The guests are handed over the list of cars that will be auctioned on that particular day along with other details related to the event 
• The guests are also given an identification number for the auction 
• When a particular car is on display, the base bid value is announced and the guests can raise the value by bidding further 
• The highest bidder will get the vehicle 
• The payment has to be cleared in 48 hours  

The live auction location will be sent to the guests who are invited and this happens in an indoor area but the vehicles are set up in an outdoor area for display. 

Online Car Auction in Dubai 

The online car auction in Dubai works in a similar way to the live auction where the cars are put for display and the highest bidder will get the vehicle. But the online car auction in Dubai is open for everyone. There are certain auction websites where there are many vehicles listed and the individuals can bid online and complete the purchase. 

In the online car auction in Dubai, the sellers can also register themselves and list their vehicles for auction. The seller can fill in the details regarding the car, get the vehicle inspection in Dubai done and set for auction. The online car auction in Dubai is conducted mostly every week. And also it is important to note that the online car auction in Dubai is NOT conducted by the government. It is conducted by any individual or company who wants to sell their vehicles. 

Some of the popular online car auction websites in Dubai are, 

• Emirates Auction 
• Copart MEA 
• Marhaba Auctions
• Pioneer Auctions  

Impounded Cars Auction in Dubai

The impounded cars are the ones where the owners have not paid traffic fines, violated traffic rules and further did not respond to the warning letters from the Dubai Police. The Dubai Police set such cars for auction. These are available for the general public and are announced through Dubai Police official website or newspapers. The abandoned cars which are under the watch of Dubai Police are also put up for auction. 

Is it safe to buy cars from an auction in Dubai?

The cars that are put for live auction by the Government of Dubai are usually high-end vehicles of big brands or vintage cars. The cars that are put up for online auction are eligible only after vehicle inspection by the RTA UAE is done. But it is also important for the buyer to go through the details of the vehicle, car accident history check, valid vehicle inspection documents, etc. before proceeding with the payment. Overall, the buyer should think twice before bidding and make a smart deal. 

Disclaimer: The products/services prescribed here are for informational purposes only. It is advised to take an expert's advice before taking any decision.