We help you to choose the perfect vehicle for you
Orange Book Value is an algorithmic pricing engine by Droom that suggests Fair Market Value for any used vehicle. Orange Book Value is built on Droom's proprietary technologies and data science. It takes into account the category, make, model, year and trim of the vehicle along with the condition of the vehicle and the kilometers it has run to suggest the fair market value. Orange Book Value is a category agnostic pricing engine and suggests unbiased fair market value for cars, motorcycles, scooters, bicycles and planes. Unlike other sources that just report historical transaction data that is flawed, Orange Book Value uses data science and empirical evidence in terms of depreciation curves, margins and spreads with intermediaries based on a number of factors that have an impact on the valuation.
Leave the guesswork behind! OBV gives you benchmark market value of a used vehicle to give you confidence to buy
Stop pulling a number from the hat! Orange Book Value gives you a fair market value of any used automobile. This helps in gaining buyer's trust and reducing price negotiation, so that you can sell quickly at an optimum price.
OBV is a comprehensive evaluation tool to write-off auto loan for used automobile. For more authentication, download used vehicle-pricing report for free.
21st century approach to evaluate the price of a used vehicle based on real-time data science instead of historical data. This helps to analyse the current market value of used automobile to calculate right Insured Declared Value (IDV).
The OBV Print edition consists of benchmark market prices of used cars, motorcycles and scooters for the span of last 15 years. With an easy to use format, the user is able to find the fair market value of any vehicle which provides them a fair idea of the price at which they can purchase the used vehicle from a dealer, thus reducing the time and efforts spent on negotiations required to complete a deal. The book consists of information about Orange Book Value, tutorial on how to use the book, how to determine the appropriate condition of a vehicle, benefits of Orange Book Value, testimonials of auto industry experts for OBV.
I consulted many used vehicle dealers but couldn't get a satisfactory price. Then I heard about Orange Book Value from a friend, and using it helped me to purchase at right price.Satish Gupta
As the used vehicle market is unorganized, it is difficult to find the right price for a vehicle. In this case, Orange Book Value comes as a bliss and that's how I got the confidence to buy a used vehicle.Joydeepta Biswas
I used to transact 10-15 cars in a month and main problem was arriving at the fair price which has now become easier thanks to Orange Book Value.Dinesh Bansal
Many customers come to us who do not have a fair idea about the price of vehicle. OBV helps them understand the fair market value of any car and they get the confidence to purchase a used vehicle.Rimpa Chadha
We used to face many problems as customer always negotiated on the price proposed by us. Now customers are satisfied and comfortable to buy at the price suggested by OBV.Vishal Jain
Orange Book Value helps us a lot in reducing the negotiations and now it takes less time for the deal to mature.Satnam Singh
As the world moves towards internet for information requirements, it was natural for car sellers and buyers to move towards internet for quicker information. In that respect I appreciate the initiative taken by Droom in launching Orange Book Value.Arpit Mahendra
Many people are willing to sell and buy but they are not sure of the price. That is where the Orange Book Value comes and plugs in the gap.Jagdish Khattar
Pricing of used four wheeler and two wheeler has been a big trouble for buyers and sellers as there was no standardization of pricing. Orange Book Value uses data science to develop a standard price for any particular vehicle which is going to help the industry a lot, as well as buyers and sellers.Nabil Khan
The tool can be used by insurance companies to insure the vehicles. Currently such data is picked through market feedback which results in non-standard data quality. OBV helps in standardizing the prices.Indraneel Chatterjee