Are You About to Buy a Car While in Dubai? Read This First!
Cities around the world are known for their unique cultures and traditions. When you are in China you think about buying all that cheap technology that is readily available on the streets, in Las Vegas you must try very hard to resist the temptation of gambling amidst all those world-class casinos, and when in Dubai you become entirely convinced to splurge on luxury cars.
We are not here to judge you on the choices you make, rather it is our job to ensure you make those choices with all the information you need to make a rational decision. Purchasing a car that is in the premium category is definitely going to demand a lot of investment, and hence it becomes essential that you know about all that is required from you, and also how you can extract the maximum benefit from it.
It’s Definitely an Investment
Just like any other investment, you want whichever car you buy to give you a profit in the future. Of course that may not be your primary reason for buying the car in the first place, as it is the luxury and the elevated social status it provides that you are seeking, but having a good enough payback to recover or exceed the cost of purchase is always desired.
To assess how much you may be able to recover after you are done using the car, it is best to hire a financial advisor especially if you want to take advantage of any associated tax benefits.
The Technology Is Important
While the look and feel of the car take precedence over other features especially in the luxury category, nowadays a car’s technological abilities are also being given a lot of weight-age to ensure they fulfill the needs of the changing car market customer demographic, which is welcoming an increasing number of millennials on a daily basis.
Do inspect the entertainment offerings of the car, as that is where you will find the latest technology installed; however make sure you are able to use it in a practical manner as well otherwise simply having amazing technology that serves no practical purpose is a useless expenditure in itself.
But that is not all. A car’s true worth lies in the technology that is embedded within its design, such as its engine, its structure, and its safety mechanisms like airbags or ABS. Nowadays, especially cars in the luxury category, are pre-installed with intelligent sensors that predict distance to other cars on the road in order to provide a safer driving experience, are more fuel efficient, and offer automatic parking technology as well. The more such features are installed in a car, the better an experience it will offer you.
Know the Brand
Everyone has a different brand of choice in the luxury category regardless of product niche. For example, in the car category, some people swear by the class of a Mercedes as being incomparable to its leading competitors such as the BMW, although you would find many who would provide the same level of advocacy for the latter.
When you are in Dubai, you will be bombarded with many car brand names, which makes it essential that you figure out which brand truly speaks to you. You don’t want to settle for just any brand, or the brand which is most in demand. It’s entirely possible that other car company brands are offering more suitable products for you.
Hence, research on your own which car you want to purchase in terms of its price, the services and features being offered, and its resale value, and then make the purchase according to what best suits your context.
Some Necessities to Bear in Mind
While it may seem like buying a car is as simple as purchasing a cell phone, there are some things you must take care of as soon as possible to avoid incurring huge losses. For example, make sure you buy adequate insurance for your car at the earliest, as, if damaged, any repairs on luxury cars can end up costing you half as much as the car itself, or maybe even more.
The warranty of the car needs to be sufficient as well, both in time and in its offering. Try to get one that also includes the aesthetics of the car as well, and not just the mechanical components.
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