In today’s world, where purchasing a car becomes a very important decision in people’s life, getting the right value for a used car is something that every person hopes for. But it is not that easy to get the fair price of a vehicle, especially, when everyone desires to get the best value for a product. While the buyer wants to negotiate as much as possible on the quoted price, the seller wants to keep his margin up. In this case, only professionals can suggest the right price for a used vehicle keeping in account its condition and other factors that lead to its value depreciation.
Orange Book Value (OBV), an online used-vehicle pricing engine from Droom, uses the basic information like make, model, variant, year of manufacture, odometer reading that suggests the kilometres driven, physical condition, etc., to quote an independent and unbiased price which is supposed to be the fair market value of a used vehicle.
According to the company, Orange Book Value is India’s first and only algorithmic pricing engine for used vehicles, and it gives the result in less than 10 seconds. The price quoted by OBV is scientifically obtained and is totally data-driven.
When you plan to buy a new vehicle, a good amount for its initial financing can be managed by selling the old one. But it can only happen if you get to extract the right value out of your existing vehicle, for which you can seek professional advice that makes the whole process much easier and streamlined. This is where Orange Book Value comes in; it suggests the genuine value of any used vehicle depending upon the facts and the result is so accurate that you can rely on.