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Leasing a Car in Dubai ?

Discussion forum for expats living in Middle Eastern countries not listed elsewhere.

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Leasing a Car in Dubai ?

Post Posted: Sat Nov 25, 2006 9:10 pm

Hi,

Can anyone advise on options for running a car within Dubai ?

Buying a car is obviously an option, but is leasing a viable option as well ?

Thanks.

 

2020hindsight
Regular Poster
Regular Poster
 
 
  
Re: Leasing a Car in Dubai ?

Post Posted: Sat Nov 25, 2006 9:32 pm

Welcome to Dubai!

Leasing would only be a good option if it's short term, for example if you want to first settle in Dubai before buying, take approx 6 months and rent a car. Prices vary, but it would cost about AED 1,400 to rent a small car for one month.

Buying a new car is very cheap, but only if you're planning to stay in Dubai for longer than 1 year. Otherwise the re-selling value drops too much... Crying or Very sad

All the best... Hope you get sorted! Very Happy

 

hayatdubai
Newbie
Newbie
 
 
  
Re: Leasing a Car in Dubai ?

Post Posted: Mon Nov 27, 2006 3:43 am

Hayatdubai - many thanks. Much appreciated.

I was just wondering whether it made sense long term to lease because I'd heard the resale value on cars was a problem.

I like nice cars - but am not particularly bothered to have a new one (done that in the UK, nice but costly !).

What's the second hand market like- presumably if you look around you can get a reasonable bargain ?

 

2020hindsight
Regular Poster
Regular Poster
 
 
  
Re: Leasing a Car in Dubai ?

Post Posted: Thu Dec 14, 2006 5:28 pm

Nobody in their right mind would buy 2nd hand here! Too many pitfalls and you could end up with a dead donkey. I could be wrong here, and I'm sure any eager 'more knowledgeable' individual will be quick to pounce on me here, you won't be able to buy a motor until you have your residents permit any how. Expensive cars are cheaper here, though if you are looking for something smaller like a Yaris I'm affraid they really aren't much cheaper. I'm going throught the process of buying at the moment.

One point worth making though, don't believe every thing you read in the forums. You will find out what is what when you get here. As helpful as people try to be (including myself here) we all have different experiences, biasis and opinions that sway us intentionally or not when we write.

Expect less, that way you won't be so dissapointed if things don't turn out to be every thing you expected them to be!

None the less though, this is a fabulous place to be!

/Harris

 

Harris
Newbie
Newbie
 
 
  
Re: Leasing a Car in Dubai ?

Post Posted: Thu Dec 14, 2006 5:47 pm

Why not a used car?! I find it very reasonable to buy a used car or a 4x4 - especially if you want to go into the desert now and then. You get good deals for used wranglers around 20k. And anyways you'll be much safer in this traffic in a 4x4.

Of course you have to look around a bit, don't buy anything suspicious (don't buy in the desert, use a real dealer!) and try to deal about some waranty, even if it's only 3 months.

Repairs are very cheep here if you look in Rashidiya. But for a new car you have to use your dealer in order not to loose your waranty, what can be quite expensive.


_________________

Today it is certain that the millions cannot have high living and the few who profess to do the thinking for the masses run the risk, in a vain search after high living, of missing high thinking.

 

gokm
Newbie
Newbie
 
 
  
Re: Leasing a Car in Dubai ?

Post Posted: Thu Dec 14, 2006 7:29 pm

Thanks Harris and gokm for your comments - both very helpful. I'm just trying to put my budget together at the moment to try to predict what my outgoings will be.

Still, I'm on my way out there at the end of Jan so counting the days now.

I spend a lot of time on finance/share forums - so know full well to take what's said with a little pinch of salt - but the advice is just as valid here .

Thanks.

 

2020hindsight
Regular Poster
Regular Poster
 
 
  
Re: Leasing a Car in Dubai ?

Post Posted: Thu Dec 14, 2006 8:06 pm

Speaking from exp..... check with who you are buying from that they will be happy to buy back the car!
We lost a hell of alot of money when selling our cars when we left and if it was not for the fact that we wanted to leave the path open to holiday in Dubai then we would have left the cars parked up somewhere - this is done all the time.


_________________

'I love being married. It's so great to find the one special person you want to annoy for the rest of your life.'

 

Mikkie
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