Who Buys Insurance-Declared Total Loss Cars in the UAE?

What to do when the insurance companies in the UAE declare your car a total loss? Is it still possible to sell your car? Is there anyone who would buy a vehicle that has been declared a write-off? And lastly, who buys insurance-declared total loss cars in the UAE? 

Yes, this is the good news: you can still sell your total loss car, and it's even becoming a growing market. Whether the loss occurs as a result of an accident, fire, flood, or anything else, there are now several reputable companies, auto recyclers, and scrap buyers in the UAE dedicated to buying total loss vehicles fast and fair.

In this blog, we'll walk you through how this works-how buyers like and best you can get for your written-off car in the UAE.

What Is a Total Loss Car in the UAE?

A total loss vehicle is one that an insurer classifies as an insurance write-off, defined as damaged beyond repair, with repair costs exceeding the actual market value of the vehicle. After that, the insurer pays and takes over the car itself.

After its declaration as a total loss, usually be deregistered from the vehicle will not be entitled for use on public roads again-unless undergoing rebuilding and re-certification, which hardly happens in the UAE.

Who Buys Total Loss Cars in the UAE?

Insurance-declared total loss vehicles will usually find car buyers in Dubai, Abu Dhabi, or anywhere else in the UAE, through the following channels:

1. Scrap Car Buyers and Recyclers

CarBuyers.ae and other companies operate in the field of cash for scrap and total-loss vehicles. Scrap dealers dismantle an unusable car and recycle parts that can still be used, e.g., engine, gearbox, rims, doors, and electronics. This means less environmental damage while you are given market value for your car, based on the worth of its used parts.

2. Auto Part Dealers

In the Sharjah Industrial Area or Al Aweer, some second-hand auto parts dealers purchase total-loss cars so they can salvage and resell functioning parts. After the good parts have been salvaged, those parts most in demand may well give better returns, even if the vehicle itself can't be repaired; think Toyota, Mercedes, Nissan, or BMW.

3. Export Companies

Some companies specialize in acquiring damaged cars or cars declared a total loss for export to other countries. The input certain markets have regarding labor and repair costs allows the feasibility of restoring such cars and bringing them back on the road. 

4. Insurance Auctions and Salvage Yards

Every once in a while, insurance companies auction total-loss cars to the highest bidder. These vehicles are sold "as is" to licensed dealers and scrapyards capable of dismantling and recycling the automotive components. 

Why Sell Your Total Loss Car to CarBuyers.ae? 

CarBuyers.ae offers an extremely easy, quick, and completely transparent process for selling your total loss car. Here is why people in the UAE trust it: 

• Instant online valuation in 30 minutes
• Free vehicle inspection on-site
• No hidden fees or paperwork hassle
• Immediate cash payment
• We buy all makes and models, no matter the condition

Whether your car was in a wreck, burned, or drowned-nevertheless, we will buy and tow it for free with instant payment. Dubai, Sharjah, Abu Dhabi, Ajman, Ras Al Khaimah, and Umm Al Quwain are visited by us.

Sell Total Loss Cars in the UAE

If your vehicle has been declared a total loss, do this to sell it:

1. Get Your Total Loss Certificate

The insurance company you are dealing with must issue a Total Loss Certificate attesting to the declared total loss of the vehicle. This is needed for any sale or deregistration.

2. Settle Outstanding Fines and Loans

After it, settle all RTA fines or bank loans, if any.

3. All That is Needed Now is An Online Quote 

Use sites like CarBuyers.ae to provide you with an instant valuation of your vehicle based on its condition and make.

4. Book an Inspection 

We will inspect the car at your preferred location for free before giving you a final offer. 

5. Complete Transfer and Receive Payment 

Once you have agreed, we will take care of all the paperwork, deregistration, and pay you immediately.

Is It Legal to Sell a Total Loss Vehicle in the UAE? 

Yes, it is legal to sell a total loss vehicle in the UAE once it has been so declared and deregistered with the RTA (Road Transport Authority) or any other emirate authority. There are no legal means for driving a total loss vehicle, nor is there any possibility for insuring it until the vehicle has been refurbished and undergone a comprehensive inspection from the RTA, because that type of inspection is not ordinarily encouraged.

Conclusion

Your vehicle may not be roadworthy anymore, but that does not mean it is not valuable. Whether it is a flood-damaged SUV in Dubai or a crashed sedan in Abu Dhabi, total loss insured vehicles will find buyers in the UAE. Here at CarBuyers.ae, you not only get the best prices but also fast service and total peace of mind. 

So don’t let it just rot, or get robbed by unproven scrap guys; Contact CarBuyers.ae now to convert that total loss vehicle into instant cash easily.