Still paying off your car loan? You can still sell your car.
Mister Wheelz helps you sell your financed car in Dubai without having to deal with the entire process yourself. We can guide you through the finance clearance, paperwork and RTA transfer so you can move on without the usual hassle.
Can I Sell a Car That Is Still Under Finance?
Yes. Having an outstanding car loan does not necessarily mean you have to keep the car until the finance is fully paid off.
The outstanding finance needs to be settled before ownership can be transferred. The exact process depends on your bank and the amount still outstanding.
Mister Wheelz can help you understand the steps involved and work with you to complete the sale properly.
How Selling a Financed Car Works
1. Book your inspection
Bring your car to Mister Wheelz for a quick inspection so we can assess the vehicle.
2. Confirm the outstanding finance
We establish the amount still owed to the bank and what is required to clear the finance.
3. Agree on the sale
Once the car and finance details are confirmed, we agree on the transaction.
4. Clear the finance
The outstanding finance is settled as part of the process, subject to the bank’s requirements.
5. Complete the RTA transfer
Once the finance is cleared and the required documents are in place, the ownership transfer can be completed.
Sell Your Car With an Outstanding Loan
You don’t necessarily have to wait until your car loan is completely paid off before selling.
Whether you’re changing cars, Leaving Dubai or simply no longer want the monthly payments, we can help you work through the process of selling a car with outstanding finance.
If the amount owed to the bank is higher than the agreed sale price, you’ll need to cover the difference before the finance can be cleared.
Why Sell Your Financed Car With Mister Wheelz?
- Straightforward process — We help you understand what needs to happen.
- Free vehicle inspection — A quick inspection of your car.
- Finance clearance support — We help coordinate the steps required to clear the outstanding finance.
- RTA paperwork — We handle the ownership-transfer process.
- Less hassle — One place to deal with the sale instead of trying to arrange everything yourself.
What Do I Need to Sell a Financed Car?
The exact requirements can vary depending on your bank and situation, but you will generally need your Emirates ID, vehicle documents and information about the outstanding finance.
We’ll let you know what is required for your particular car before proceeding.
Ready to Sell Your Financed Car?
If you need to sell your car Quickly in Dubai, book an inspection with Mister Wheelz.
We’ll inspect the car, discuss the sale and explain the next steps for clearing the finance and completing the transfer.