The Impact of Mileage on the Value of a Used Car in the UAE
Used cars are the next big revolution in the car-selling and buying market. That’s because they offer plenty of benefits to the customers. For example, the first perk is that you can buy premium used cars in UAE at an affordable price while enjoying the great features it comes with. Also, depreciation reduces to a minimum after you buy a used car. That’s because buying an automobile from a dealership depreciates as soon as you start driving it.
There is a high amount of initial degradation, but when the car is driven for some period, the rate of wear and tear slows down. Thus facilitating you in getting into a win-win scenario where you and the dealer can help each other to get the best deal. But it would help if you were careful of many aspects before buying a used car that gives an ultimate performance. That’s because there are many factors you must analyze before purchasing an automobile. For example, you should know the impact of mileage on the value of a used car in the UAE. Thus we will guide you on this topic in this post.
Mileage and Maintenance both Affect the Car’s Value
As a rule, the more the car is driven, its price declines. But it also relies on how well-maintained the car has been in the past. Many cars have been driven for hundreds of miles, but they are still in their peak conditions. That’s because the owners of the cars have been maintaining them with great care. Thus, your car mileage and car maintenance are two aspects that go hand in hand when finding out the impact of mileage on the value of a used car. For this purpose, you should perform essential checks on used cars in UAE before purchasing them.
How Mileage Impacts a Used Car’s Value?
As a common rule, you must consider that a regular car owner adds twelve thousand miles on an automobile every year. To find out that an automobile has enough mileage, you can easily find the product of twelve thousand miles and its age. Thus a great mileage for an automobile that is five years old is sixty thousand miles. Plenty of more or lesser miles will lead to setbacks in the future.
After describing the above details, you should know that the mileage can be deceptive. You have to learn about the number of owners also. Assuming an automobile is ten years old and only has ninety thousand miles of mileage, then numbers prove it can be a perfect deal. But, assuming it had 4 owners in the last ten years, there is a great possibility that, at minimum, one owner might not be maintaining it in its best condition. Also, similarly, if you discover a ten-year-old automobile with only one owner and thirty thousand miles on it, and the car’s condition appears perfect, it can be an awesome deal. These automobiles are typically parked in the garage and are tremendously maintained. Thus, it would help to inspect the automobiles before you plan to buy used cars in UAE.
Expert’s Advice on the Used Car’s Mileage
There are no well-defined rules for how much mileage is too little. A pre-owned automobile with low mileage is typically a smart choice, even when the mileage appears too low. There are some signs that the automobile has been driven for a shorter time. But it would help if you made sure that the odometer reading is precise.
By studying the vehicle history overview, you can commonly get a great record of whether it is accurate. For example, if you view the car history report that shows the automobile, at five years old, has just twenty-five thousand miles, there is a great indication that the odometer value is accurate. Also, how the vehicle looks can be a great sign proving that the odometer is working accurately. Thus, a car that the owner has driven for less time and has few scratches or dents, together with low interior depreciation, may have the correct odometer reading.
Assuming that the odometer value is precise, you must get the car checked by a certified mechanic. Thus, it is a great practice you must adhere to when buying any new automobile. But it is necessary for many scenarios where the automobile has very less mileage. Thus, if the automobile has been parked for longer, specific components might have depreciated and need fast repairs or refurbishment.
Conclusion
The pre-used automobiles are the next big trend in the car industry. That is because they give great perks to consumers. For example, the first perk is that you can buy used cars in UAE at an economical price while benefiting from the great facilities it comes with. Also, depreciation declines to a minimum after you buy a pre-used car. That’s because when you purchase an automobile from a dealership, it starts wearing down as soon as you drive it. There is a high amount of initial depreciation, but after some years, when the automobile is driven regularly, degradation slows down.