With dedication and a clear vision, Yasser Al Naeem has led Al Taqnyah Business Solutions and its car valuation service, Taqyeem, to overcome numerous challenges. In this exclusive interview, Yasser shares insights into the company, its services, and what sets Taqyeem apart in the UAE automotive market.
Details About Taqyeem’s Car Valuation Services
Can you provide details about your car valuation services available online, on the road, and the certified appraisal service?
Taqyeem offers comprehensive car valuation services for businesses, government entities, and individual clients. Our online valuation service allows users to input their car details on our website and instantly receive an estimate of their vehicle’s value. The on-road evaluation service brings our experts directly to customers anywhere in the UAE, providing immediate inspection and certification on-site via mobile service. Most importantly, our certified appraisal service includes a thorough, technical inspection of the vehicle, ensuring a reliable and detailed report.
Taqyeem’s Valuation Process
What is the process you follow for car valuation at Taqyeem?
Our car valuation process is based on several key factors. We carefully assess essential components such as the engine and gearbox, while also taking into account the odometer reading, maintenance history, exterior condition, and the state of the interior. For certified appraisals, we further evaluate the mechanical condition of the vehicle to ensure the most accurate valuation possible.
Data Sources and Third-Party Agreements
What are your data sources for vehicle valuation, and what is the nature of your third-party agreements?
There isn’t a single data source we can disclose. We collaborate with various individuals who are actively involved in the car buying and selling market, alongside an experienced valuation manager. Our proprietary formula also considers factors such as seasonality, model changes, and market demand to ensure our valuations remain accurate and relevant.
Accuracy and Updates of Database Information
How accurate is your database information, and how is it updated?
Our database is updated continuously on a daily basis. Whenever a new car model is released, it directly impacts the value of existing vehicles, and our data reflects these market changes in real time.
Fixed Valuation Centers Across the UAE
Does Taqyeem have dedicated centers across the UAE where customers can bring their vehicles for evaluation?
While discussing this with “Tasjeel”, we realized our service is somewhat unique. Typically, customers only visit us after the valuation process is complete, so we have found that there is no need to establish physical centers throughout the country. Our on-road valuation service enables us to reach customers wherever they are, eliminating the necessity for fixed locations.
Valuation Pricing Structure
What are the fees for conducting a car valuation?
Taqyeem provides valuation services for light vehicles, heavy vehicles, and equipment. Pricing varies depending on the customer’s location within the UAE. As per our standard rates, the on-road valuation service is priced at AED 250, while the certified appraisal service costs AED 500.
Valuations for GCC and Non-GCC Specification Vehicles
Can you appraise vehicles with GCC and non-GCC specifications?
Absolutely! Thanks to our partnerships with companies in the United States, we can access vehicle history using the VIN number. Additionally, we are working closely with insurance companies, the Roads and Transport Authority, and the Ministry of Interior to launch a specialized service in the UAE.
Service Usage Statistics
How many people have used Taqyeem’s services so far this year?
It’s difficult to specify an exact number at this time, but it is safe to say several thousand customers have used our services. Due to the high demand for online car valuation, tracking the exact number is a challenge.
Buying Cars After Valuation
We have seen some used cars listed on your website. Does Taqyeem purchase vehicles from users after valuation?
We do not directly engage in buying or selling vehicles, as this could present a conflict of interest. However, we offer an online platform that connects sellers with potential buyers, and we facilitate bank transactions to help customers secure loans with ease.
