Buying a second-hand car in Saudi Arabia is an optimal choice if you want an easy-on-the-pocket solution. A used car is an excellent choice, especially for expats who are looking for a reliable vehicle to comfortably travel during their stay in Saudi Arabia. What’s more, the Saudi automotive market is massive and popular in the used car market. From high-end luxurious sedans to affordable hatchbacks and SUVs for off-roading, the Saudi used car market is thriving, offering various options.
Not only that, but the region also offers different ways to simplify the research for used cars in the market. These methods include dealerships, online markets, and buying from a private owner. However, buying a used car is not so easy. It requires you to be more attentive and careful when making purchases so you don’t end up at a loss.
Here are the steps for buying a used car in Saudi Arabia that will help you make an informed decision.
Research Your Requirements
The first and foremost thing you need to do is complete your research. It is a fundamental part of the buying process for used cars. Your research should include an overall analysis of the used car market, your requirements for buying a used car, the specifications you are looking for in a vehicle, and your set budget. To complete your research, ask yourself the following questions.
- What type of car do you want (sedan, hatchback, or SUV)
- .What features do you need in a car? This could include safety and driving assistance features, as well as the type of infotainment system and other advanced features.
- What make, model, and brand do you want?
- What is the market value of the car and brand you want?
- What is the depreciation rate of the car you want?
- What are your preferences and driving style? Do you often drive in the city or go for long trips on highways? If you like off-road adventures or need a ride only to fulfill basic needs.
Once you answer all these questions, you will be able to narrow down the list of cars that interest you and fit your needs. Analyzing all your requirements and available options will simplify your buying process significantly, and you can confidently purchase because knowledge is power.
Ways of Buying a Used Car
There are different ways to buy a used car, but the choice ultimately depends on your personal preference. Whether you choose to buy from a dealership or an online website, it’s essential to exercise caution and be aware of potential scams in order to make a safe purchase. Buying a used car involves inherent risks, so it’s necessary to carefully consider each option to determine which is the best fit for you. Here are three different methods to consider before making a decision.
Car Dealerships
Dealerships are the most popular option for buying a used car. If you plan to buy a pre-owned vehicle from a dealership, they will not only find you a perfect match for your driving needs and requirements but will also handle all the paperwork for you, including car financing and registration.
Some popular dealerships in Saudi Arabia are:
- Abdul Latif Jameel Group
- Al Bazai Automotive
- Al Futtaim Automotive
- Al Jomaih Automotive Company
- Juffali Automotive Co.
Online Car Market
There is also a vast online market for used cars in Saudi Arabia. If you prefer searching for a vehicle online, many aggregators offer a wide range of car makes and models. However, research is critical to finding an appropriate deal, so make sure you find a reputable seller who can provide a good deal.
Some of the used car online markets are:
- Yallamotor
- Saudi Sale
- KSA Motory
- Open Sooq
- Hatla2ee
Private Seller
You can also consider purchasing a used car from a private seller, perhaps someone you know. However, this can be quite risky as the seller may change the mileage or not disclose any faults in the vehicle, which may prove to be problematic after the purchase.
Therefore, it is essential to only buy from a trusted individual if you choose to buy from a private seller. Additionally, you may come across private sellers advertising in newspapers or on social media, but always exercise caution when dealing with them.
Requirements for Buying a Used Car
The requirements for buying a used car require effort and a lot of paperwork, and documents to complete the buying process successfully. The following are some of the essential documents that you need to arrange for a smooth purchase.
- Valid Driving License (Rukhsa)
- Saudi residence visa (Iqama)
- FAHAS inspection report
- Registration card of the former owner
- Transfer Ownership Certificate
To complete the car buying process, the car owner needs to provide their registration certificate. Both the buyer and the seller must visit the Muroor office in Saudi Arabia to transfer car ownership for a hassle-free experience. Once the car is in the new owner’s name, it is essential to apply for car insurance right away. However, if the insurance is valid for more than a year, it is possible to transfer it from the previous owner to the new owner’s name.
Further, if you can not afford to buy a car outright, you have the option of car financing in Saudi Arabia. For that, you will need to provide a bank statement, an employer’s letter, and a 20% down payment upfront of the car’s value.
Take a Test Drive
When purchasing a used car in Saudi Arabia, it is essential to have it inspected by a local Motor Vehicle Periodic Inspection (MVPI). This inspection will help you feel confident about your purchase by identifying any potential issues with the car. However, it is highly recommended that you take the car for a test drive yourself, as no report can fully satisfy you without experiencing the vehicle firsthand. When arranging a meeting with the seller, be sure to bring a friend along who can help you spot any issues that you may have overlooked. This will ensure that you make an informed decision about your purchase.
Negotiation
Negotiation is a critical step in getting a good deal. After you get a test drive and the inspection is done, you will know the overall condition of the vehicle. Now is the time to negotiate. If a car has some issues, you can negotiate the price and ask for an additional discount. It is ideal to get a vehicle at a price that matches the market value. You can also ask for a discount on insurance or financing if you are buying through a dealership.
Buy a Car
In the final step, buy a car from the previous owner after completing all the paperwork at the Muroor office in Saudi Arabia. Make sure that all the pending fines are paid and that vehicle services are performed before the ownership of the vehicle is transferred.
Conclusion
The used car market in Saudi Arabia offers a wide range of options to cater to potential buyers’ diverse needs. To make an informed decision, it is essential to thoroughly research all aspects of the car prior to purchase. Take your time to carefully consider different car models and make comparisons before making your final choice. Our extensive guide can be a helpful tool to ensure a stress-free car-buying experience. After purchasing your car, remember to take it to the nearest service center to change the oil and service other components of the vehicle.
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