Yakan buys the car outright so you can trade more of them without tying up your own cash. You still choose the cars, set the price, and close the sale — Yakan just shares the risk of the capital.
Save at least 90% cash for the same car.
You keep up to 90% of the profit.
Yakan buys over 60 makes and models. Application is easy and approved in under 10 minutes.
You choose the consignment duration: 20, 40, or 60 days. Yakan sets the Floor Price.
When you sell the car, Yakan keeps the Floor Price, you keep all the upside. Get paid fast.
Here's exactly what happens on each side.
Found a car you want to buy? Submit it to Yakan and get a decision within 10 minutes.
Pay the Inspection Deposit, and the car goes through a Mojaz report and a Purchase Inspection.
Propose your Purchase Price and Consignment Period, pay your Merchant Deposit, and Yakan buys the car in its own name.
The car stays with you to market and sell during your Consignment Period.
Sell the car at any price above your Floor Price. Yakan keeps the Floor Price and you keep everything above it — no limits. Sell below it, and the shortfall comes out of your deposit.
Once the car is sold, Yakan settles the sale and sends your payout within one business day.
No. Yakan is a used car trader that partners with Merchants to help them grow their business. Yakan buys the cars and owns them; the Merchant acts as an independent contractor and, solely for marketing and selling the car, as Yakan's commercial agent.
Yakan buys most car makes and models — currently around 60 in total — all listed on the website. Eligible cars must be GCC-spec, model year 2018 or newer, and must not have been in any major accident or have issues like airbag deployment, chassis damage, mileage rollback, or engine or gearbox problems.
Whichever Consignment Period was chosen and confirmed at the offer stage (20, 40, or 60 days). You don't have to wait out the full period: you can complete a sale as soon as you find a buyer.
Yes, at any price you like above the Floor Price. Yakan keeps the proceeds from the Floor Price and all proceeds above that contribute to the Merchant's profit, with no limit. If the Merchant needs to sell the car below the Floor Price, the loss is taken from the Deposit.
Yakan buys the car and transfers the title to the company's name. The Merchant will be allowed to keep the car for marketing and selling purposes during the Consignment Period.
Yakan currently buys 16 makes and 61 models — from everyday runabouts to premium SUVs. These are the makes our Merchants trade today.
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