How It Works & FAQ

Buying a Car With Prixvo

Finding your dream collector car is just the beginning at Prixvo. Here’s the steps you need to take in order to bid, and hopefully win, your next car!

  • Register to Bid
  • To engage with the seller and participate in bidding, you’ll first need to register with a valid credit card and phone number. Successful bidders are subject to a 4.5% buyer’s fee on top of the winning bid (with a minimum of AED 825 and a maximum of AED 16,500) payable to Prixvo. You can add your payment method here & your phone number here.
  • Conduct Your Research
  • We strive to make online car purchasing safe and straightforward. Nonetheless, it’s crucial for you to conduct your own research to ensure the car fits your criteria before bidding.
    • Thoroughly review the listing, including any imperfections, the car’s history report, any available inspection reports, recent maintenance, and photos.
    • Communicate with the seller through comments, Seller Q&A, or our direct “Contact Seller” feature for any queries.
    • All cars on Prixvo are inspected by one of our highly vetted inspection partners though you may consider inspecting the car personally or arrange for a professional pre-purchase inspection at a reputable local garage (at your expense).
  • Plan Financing and Logistics
  • Organize your financial and logistical plans in advance to ensure a smooth transaction.
    • Remember to coordinate with your lender for pre-approved financing, keeping in mind their specific requirements.
    • Discuss with the seller about transportation and storage options. For shipping quotes, please reach out to shipping@prixvo.com.
  • Bid with Confidence
  • Our bidding process is explained below in a short video tutorial.
    • When you bid, we temporarily hold the 4.5% buyer’s fee on your credit card. Upon winning, the fee is charged, and you pay the seller directly for the vehicle. If you don’t win, the hold is released right after the auction.
    • Bids are binding charges, so bid only if you intend to purchase and have completed all necessary research.
    • To keep the process fair, bids placed in the last minute extend the auction time by an additional minute, allowing others to participate.
  • Winning the Auction
  • Winning requires being the highest bidder and, if applicable, meeting the seller’s reserve price. For no reserve auctions, the highest bid will win the car or automobilia.
    • Post-auction, we provide a detailed checklist to finalize your purchase and share the seller’s contact details for completing the transaction. Full payment for the vehicle is required within a week of auction closure.

Selling a Car With Prixvo

Prixvo is the premier platform for selling your unique enthusiast car, offering a streamlined process built for you.

  • Submit Your Car
  • Submitting your car is free. Provide basic details like the VIN, photos, and a brief description and choose between a reserve or no reserve auction. We suggest setting your reserve price based on current market conditions and we are happy to provide guidance on what we believe is a suitable reserve price. All auctions start at AED 1.
  • We will review your submission and respond within one business day.
  • Prepare Your Listing
  • Once accepted, additional details are needed. We will work closely with you throughout this stage.
    • Your car can only be listed on Prixvo during the 7 day auction, please remove any existing listings.
    • We offer high quality photography through our photographer network, we highly suggest leveraging this to increase engagement on your listing. Higher quality photos = more bids!
    • All auctions must go through the 420+ point inspection provided by our inspection partner, BeSoji. We will coordinate an appointment with their team to come to your location and perform the 1 hour 30 minute inspection process.
    • Familiarize yourself with the title transfer process in the UAE, including any loan payoff requirements.
    • We strongly encourage active engagement in the 7 day auction, responding to questions and comments. The more engaged a seller is, the more likely the car will sell for a desirable outcome.
  • Launch Your Auction
  • After preparing your listing and confirming all details, we’ll schedule and initiate your auction.
  • Active Auction Participation
  • Engage with potential bidders, respond to questions and comments, and provide additional information as needed. Active seller participation often leads to higher bids and a successful sale.
  • Post-Auction Process
  • Following auction closure, we provide a checklist to finalize your sale. You’ll receive the buyer’s details for transaction completion.

Finalizing the Sale

Upon a successful auction at Prixvo, we connect the buyer and seller for a direct vehicle sale, where we will provide a checklist to ensure a successful transaction.

  • Making Contact
  • Promptly and politely introduce yourself to the other party post-auction. We suggest doing this right when the auction ends.
  • Sellers should provide proof of ownership to the buyer. A picture or photocopy of the title and registration is sufficient.
  • Payment & Documentation
  • Full payment from the buyer is expected within a week of the auction’s end.
  • Discuss and manage any outstanding loans on the vehicle.
  • Prepare a detailed Bill of Sale, adhering to UAE regulations.
  • We recommend secure payment methods like wire transfers or bank-issued cashier’s checks.
  • Celebrate Your Success!
  • Share your sale experience with us at Prixvo. We’re excited to hear your story!

FAQ

Buyer FAQ

Seller FAQ

Sign In FAQ

Shipping FAQ