The pre-owned automobile market is extremely vulnerable. It’s is very difficult to build trust around what is shown. Moreover, there’s lot of speculation around the price. Is it fair or not? Rightly, the process of buying a used automobile is full of anxiety and confusion.
India’s most trusted motorplace, Droom is trying to organize the oh-so-unorganized Indian Online Automobile market, which is a battle field for various big automobile. Droom introduced India’s first and only pricing engine – Orange Book Value (OBV) to help buyers check the fair market price of the vehicle before making the final deal.
Orange Book Value is an independent, unbiased, objective, and data driven pre-buying tool that calculates a fair market value of any used vehicle.
Orange Bok Value is built using Droom’s proprietary technology and data science to help users decide the right value of a vehicle. It calculates estimated market value of a used vehicle based on many factors such as
Make
Model
Year
Trim
Condition
KM Driven
And other important factors. Any user – buyer or seller, can use Orange Book Value to decide a buying or selling price of a vehicle. Get the estimated market value not only cars but also for all automobile categories like bikes, scooters, and even planes. It’s a great tool for everyone as, it removes the suspicions around price and builds trust in the vehicle based on current condition and market status.
OBV can help in regulating the pricing of used vehicles, as sellers will not be able to randomly price the vehicle by their will. Buyers can also calculate the estimated market price of a used scooter, bike, car or more to make a more informed decision. So, the apprehensions around the price of a used automobiles can be easily overcome.
Droom aims at organizing the scattered oniline automobile market and building Orange Book Value is just another step.
So, before you buy next used bike, car, or scooter, make sure to check the price of the vehicle with Droom’s Orange Book Value. Get peace of paying the right price.
Droom is an automobile e-commerce platform offering a 21st-century automotive buying experience online with its four value pillars including trust, selection, low price, and convenience second to none. It offers 250k+ vehicles online in 1,100 cities — both used and new. Droom deals in buying and selling cars, 2-wheelers, and other vehicles too. It is an AI and data science-driven platform designed with the best ecosystem tools. Here, we have a team of auto-experts and auto enthusiasts who are dedicated to covering every sphere of the auto industry by simplifying the procedure of buying and selling with Unified Droom Experience. To know more, click here.
