Question 1

How would CarSwitch sell my car in KSA?

Accepted Answer

CarSwitch is a platform to sell and buy used cars in Saudi Arabia. To sell your used car in Saudi Arabia, simply fill out details about yourself and your car. We will visit your location to take photos, inspect, and advertise your car. We will also agree upon a success based fee in the event of a sale. Within a couple of weeks, we shall have a serious buyer for your car and we’ll arrange a viewing and test drive at your location. Once you and the buyer agree on a price, send us the required documents to transfer ownership of the car and close the sale. To buy a used car in KSA, all you have to do is book a test drive for a car that you like through our app or website. Then, one of our Switchers will get back to you to check if the timeslot you’ve selected is available. If you like the car, you can pay a deposit to reserve the car till you gather the money to buy it. We will help you out with the paperwork required to transfer ownership of the car.

Question 2

What happens to my insurance if I sell my car?

Accepted Answer

If you sell your used car in KSA before your insurance policy expires, then you will need to cancel your insurance. You are also entitled to a partial refund of the insurance. All you need is a copy of your ID or residence permit number (Iqama number) and phone number.

Question 3

How do I transfer ownership of my car in KSA?

Accepted Answer

There are 2 ways to transfer ownership of your used car in KSA. The first one is from the comfort of your home. All you need to do is provide us with your vehicle registration licence (Istimara), Copy of ID or residence permit (Iqama), and ensure motor vehicle periodic inspection report (Fahas) is valid. The buyer must provide us with a copy of ID or residence permit (Iqama), and ensure that they bought valid insurance under their name. The buyer will also have to pay a fee for vehicle ownership transfer. Yourself and the buyer will receive an SMS through the Absher platform after the documents have been verified at which time, the buyer will be able to send payment for the car through the platform. The second method is attending in person at one of our partner showrooms. Here, you and the buyer will be present along with our sales agent. The documents required are the same as the ones mentioned above. The showroom representative will assist you with uploading all the documents, and once they have been verified, the buyer will be able to send payment for the car through the platform along with the fee for vehicle ownership transfer.

Question 4

Where can I sell my car in KSA?

Accepted Answer

There are 3 ways to sell your used car in KSA. The first is by using a managed service such as CarSwitch, where you can get the maximum value for your car without doing any of the work. The second is through dealerships, where you will sell your car for a lower price but can do so quickly. The third is through classifieds such as Haraj, which is a cheap alternative but you have to deal with the painful, and high risk process from coordinating with strangers to transferring your car on your own.

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Are you self-employed?

Is your salary paid into a UAE bank monthly?

Have you received 3 (or more) monthly salaries from your current employer?

What is your monthly salary, excluding bonuses or commissions?

Have you ever defaulted (did not pay) any loan, check or credit card payment in the UAE?

Do you have any existing loans (cars, houses, or personal loans)?

What is your total monthly payment for all existing loans?

Do you have any existing credit cards?

What is the total limit of all of your credit cards?