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Moving and need a car


XPClone I'll be moving to Dubai in the mid October and I'm after some advice regarding getting a car. Feel free to move this if it is in the wrong forum. I will be initially here for a year on a 12-month secondment but the likelihood is that I will be here for another 2 years after this. What would you suggest I do? I have a car allowance of 2070 DHS a month and I just don't know what to get or how to get it? Should I take a loan out when I am there and buy one in that budget range over 3 years? (I have my residency visa) Can I lease one for that amount of time? Would you recommend this? I'm not too fussed about a 4x4 but would like one if it were in the budget. What could I get for this money? I’ve looked at the classifieds etc but I’m just very confused. What have you done when moving to the region? Help?
SToRM Dear Sir,
I read your posting and would like to offer some help.
If you are moving here for a specific period of time, the best thing you can do is Rent-A-Car from Rental company. But if you are planning to buy a car on Monthly Installment basis then you can do that too.
Right now i am having a Hyundai Coupe Tiburon 2006, I've attached the photograph also, its in perfect condition and only 15000 Kms, you can message me if you want any more details, but i will mention the payment terms, i bought it brand new from the company on installment basis, every month i pay 1172 Dhs, initially there 60 installments, i paid 4 installments already, so now 56 installments are left, and i want some one who can continue with the installments, if you want the car you just've to continue with the installments, AND THATS IT!
If you want to know anythin else do let me know,
Regards,
Moiz

XPClone Do you have one in black? :D SToRM I did, but it was a 2003 model, and i sold it already some months back! :) sage & onion
Hi XP,
As you already have a residnce permiit you probably also have a bank account this makes a car loan relatively easy.
The car allowance you are getting over a period of 3 years would give you 72k+, this is of course if you are accepting to pay for petrol out of your pocket or its another allowance. For example I drive 3.8l 4x4, I live in Dubai and I spend about 900 per month on petrol.
If petrol is not a problem, what you could do is go for a 5year loan which would then get you up at around 120k, this can get you a 4x4 new.
Apologies to Storm, but my preference is always to purchase a new car which of course comes along with Dealer Warranty, free service (subject to your negotiating skills) etc.
Let me know if I can be of any further assistance.



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