dubai abandoned cars auction 2018

Process of buying abandoned cars in Dubai
Who can buy abandoned supercars in Dubai
Buying abandoned cars from a live auction
Security deposit on abandoned cars
Where to buy abandoned cars in Dubai

Dubai is a famous city for car lovers. It is not unusual to spot some of the world's most sought-after cars on Dubai roads. However, many such cars, including super expensive supercars, can be found abandoned in the searing heat of this city. People abandon luxury cars in Dubai for a number of reasons. Luckily for buyers, these abandoned luxury cars in Dubai are auctioned and sold for a fraction of their actual price.

If you are interested in abandoned cars in Dubai, here is all there is to know about finding and buying such cars.

How To Buy Abandoned Cars In Dubai

we usually find abandoned cars in Dubai airport — It isn't unusual to find an abandoned car at the airport

Every year, about 2,000 to 3,000 cars are abandoned by their owners in Dubai. These abandoned cars in Dubai are often left by the owners at Dubai Airport or public parking lots. It is not impossible to find a car abandoned in a random street of Dubai as well. Once identified as abandoned, these vehicles are picked and auctioned by Dubai Police.

Abandoned cars are auctioned to dealers who can bid appropriately. Once they find the right buyer, these dealers work with them to help them buy a vehicle of their choice.

Who Can Buy Abandoned Supercars In Dubai?

Auctions of abandoned supercars are generally invitation-only events. When the auction of abandoned cars is announced, potential buyers must register with the police and prove that they have enough money for the deposit. The registration procedure is carried out before the interested buyers receive an auction invitation.

How Can I Buy An Abandoned Car From A Live Auction?

Abandoned cars parked for auction — Registered car dealers can directly buy a car from the auction

Here is how the auction process generally goes:

All the guests receive a document with all the details of cars present at the event.
Guests need to provide the emirate ID along with a deposit fee at the counter and register for the live auction.
Each guest is provided with a bidding number.
A panel of 4 to 5 conduct the auction and sell the car to the highest bidder.
The payment of the auctioned car must be made within 48 hours.

It is important to note that these cars come with no warranty from the manufacturer or the dealers.

Security Deposit On Abandoned Cars For Sale

The security deposit is usually 20% of your bidding limit. For instance, if you have a purchasing limit of 100,000 AED, then your security deposit would be 20,000 AED. Payment can be made via bank deposit or a credit card. Bidders who wish to pay the amount by depositing a check must note that the amount will be 100% of the bidding limit.

Where To Buy Abandoned Cars In Dubai

The list only includes the authentic car auction agents who participate in the car auctions hosted by Dubai Police. Once they are done with the bidding, the auction agents sell the car at a higher price through an online auction. Below are the reputable agents that can help you find abandoned cars for sale.

Emirates Auctions

It is the leading UAE based auction company, founded in 2004 by an Emirati businessman. The company offers unrivalled customer service to its clients from the government and private sectors. For more details, you can visit the Emirate Auctions' website or contact them using the following information:

Location: Ras Al Khor, Industrial Area 2, Opposite Auto Market
Contact details: 600 545454 | +971 4 331 3333
Timings: Sat to Thus: 9:00 am to 6:00 pm (Friday closed)

Pioneer Auction

Pioneer Auction has been around for a while in Dubai. The company aims to offer 100% customers satisfaction with its ability to deliver tailored auction services. Here you can find an abandoned car collection in a live auction that with online timed bidding.

Location: ARMS Group Building on Airport Road, Umm Ramool
Contact details: +971 4 286 0099 | WhatsApp: +971 55 264 7504
Timings: Sun, Mon and Wed: 09:00 am to 06:00 pm | Tues: 09:00 am to 06:00 pm and 07:00 pm to 10:00 pm (Fri and Sat closed)

Quick Drive Auction LLC

Quick Drive Auction partners with Automotive Park and Al Mutakamela Vehicle Registration. Both of them provide online car auction services.

Location: 508 Street, near Al Quoz Industrial Area 3, Dubai
Contact details: 050-215-0866 | 985-1174256
Timings: Sun to Thru: 08:00 am to 07:00 pm ( Saturday closed)

Copart UAE Auctions LLC

At Copart Auctions, buyers can easily find the auction calendar and plan their participation accordingly. Their auction also features a range of abandoned supercars in Dubai. However, before bidding, you need to become a member by registering online. You can also contact them and get assistance regarding membership.

Location: Plot No. 500 – 663, Dubai Industrial City, Sheikh Mohammed Bin Zayed Road, Dubai
Contact details: 04-459-2700
Timings: Sat to Thru: 9:00 am to 5:00 pm (Friday closed)

If you are a car dealer, then register yourself for the car auction, bid at the highest price, pay it within 48 hours and take your vehicle home. If you are looking for a reasonable car while avoiding the entire process of buying abandoned cars, you can check some good condition used cars in Dubai on dubizzle.