Please go through the terms and conditions mentioned below to understand the process of selling/purchasing a car with Car For Cash
ASSUMPTIONS ABOUT YOUR CAR
The valuation you receive on the Car For Cash website is according to the details entered by you and specific assumptions made by us, including:
- The car is not a non-runner and runs smoothly
- No bodywork or technical modifications have been done to the car
- The car has no damage or mechanical fault
- No accident has occurred with the car
- The car is not used for hire purposes, as a private taxi, or for rental
- The car has at least two sets of keys
- The car is not imported and has GCC specifications
We understand every car goes through specific wear and tear; however, we assume there are no major mechanical or technical failures. We assume the car is in average condition for its age and mileage, and there is no significant damage or mechanical faults. If the car doesn’t pass the average condition criteria, the valuation will decrease accordingly.
ONLINE CAR VALUATION
The price valuation given through our website is based on the details you enter and not a price offer for purchasing your car. An on-site inspection of the car is conducted at one of our branches before making the offer for purchase. You can make an appointment for an on-site inspection after receiving a valuation on our website. The value of the car will be determined according to its history and condition, including unusual features and customization that might not have been apparent at the time of online valuation. Therefore, after an on-site inspection, the valuation price might change.
Our experienced team of professionally trained car inspectors will evaluate your car’s condition. The price offered will be according to the current market value, considering the car’s features, history, and current state. If the car is a non-runner or has excessive damage, Car For Cash is not obligated to make an offer.
If you’re looking to sell any car, Car For Cash provides a seamless service where you can sell your car in 30 minutes. The website is pre-programmed to provide a valuation based on the details you enter, and according to the valuation, you can book an on-site inspection. After carrying out a physical inspection of the car, we offer you a price according to the car’s condition and other specific factors. If you agree to the deal, you will be asked to sign a document post in which we will take the responsibility of transferring the car out of your name. The entire process will be handled by Car For Cash.
MAKING A FINAL OFFER
After the on-site inspection, our experienced car inspector will make you an offer according to the condition of your car and current market value. This offer will be valid only when you are present at the branch, and after the day of inspection, the offer might change. If you wish to sell the car on a different day from the inspection date, we might inspect the car again. This price offered at the second inspection might vary from the previous offer due to market trends or a change in your car’s condition.
If you agree with our final offer, you are required to sign an agreement to seal the deal. If you are unhappy with the price, you are free to decline the agreement. Once you sign the agreement, it is legally binding. Upon signing the contract, you are expected to hand over the keys, registration documents, service history, user manuals, and accessories such as remote controls or locking wheel nuts. In addition, you are expected to remove your personal possessions from the vehicle, after which we will proceed with the de-registration process, need your cooperation as per the purchase agreement.
MODE OF PAYMENT
Upon agreeing to the purchase of your car, we pay you cash on the spot. However, if you wish to get the payment via bank transfer, that can be arranged, but it will take 2-3 business days after the sale of your car for the money to reflect in your bank account. International banks can take longer.
If Car For Cash buys a car from you, you are representing the following:
- You are at least 18 years old
- You are legally capable of entering into a binding contract for the sale of the car
- To the best of your knowledge, you are the sole owner of the car, and other than any finance outstanding, no other person has any claim to the car
- The mileage of the car is accurate and hasn’t been tampered with
- All information such as physical defects to the car has been disclosed
- The car has a clear legal status
FINANCE AGAINST CARS
Despite the car having finance against it, the buyer might agree to purchase it if Car For Cash receives a written statement from the third party of the amount required to settle the finance agreement in its entirety. The sum will only be paid to the third party with which the individual entered into a written contract. The payment will be made as soon as reasonably possible after entering into the agreement and following receipt of any sum due from you as per specific conditions. If the price is higher than the settlement figure required to settle the outstanding sum fully, we will pay you the difference. If the price is lower than the settlement figure required to settle the sum outstanding fully, you have to pay us the difference.
Car For Cash and the buyer will not be responsible or liable for any loss of income or revenue, loss of profit, loss of business, or loss of anticipated savings. The maximum aggregate liability to you regarding any contract shall not exceed the value of the car. In addition, we are not liable for any death, personal injury, fraud, or fraudulent misrepresentation.
LAW AND JURISDICTION
Each contract will be governed by UAE law, and any claim or dispute arising out of it shall be subject to the exclusive jurisdiction of the courts of UAE unless the physical inspection takes place in a different country, in which case it will be governed by the respective country’s law and shall be subject to the exclusive jurisdiction of the courts of the country.