APR 02, 2017

Droom Launched OBV Enterprise 2.0

At Droom, we constantly make efforts to improve the user experience and acknowledge grey areas of the automobile market in India using technology. One of such initiatives is Orange Book Value Enterprise (OBV Enterprise). We have recently launched OBV Enterprise 2.0 to provide a complete pricing solution for used automobiles to various banks, NBFCs and Insurance Companies. The OBV Enterprise is designed to help BFSI sector companies in checking the fair price of used automobiles and make the right business decision before giving credit, acquiring a vehicle, putting a vehicle on auction or more.

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APR 01, 2017

Orange Book Value Launches OBV Print Edition

Buying a well-maintained used vehicle over a brand-new one is always a smart choice to make. A new vehicle loses its value as soon as you drive it out of the showroom. Used vehicles also go through the process of value depreciation, but in this case, it happens at a slower pace as they have already gone through the major value depreciation period. Second-hand cars, if bought in good condition, return great value for money.

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MAR 10, 2017

Precautions You Should Take While Buying Used Cars

Every person dreams about buying a car of his/her own. No matter if it is a brand-new car or a used one, it is always exciting to buy a vehicle. Moreover, purchasing a used car can be more fun as you get to buy a well-maintained pre-owned car for almost half of its original price.

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FEB 13, 2017

How To Buy A Quality Used Bike

Motorcycles are probably the most popular vehicles among the Indian automobile customers. The mass segment vehicle buyers in India look for something which would be the most cost-effective and will serve the best value for their money. Bikes are the best vehicles for this segment of buyers. Also, if we pay attention to the traffic condition and road condition in our country, driving a four-wheeler becomes a tough task most of the times. In this case as well, two-wheelers come as a boon to the daily commuters as riding two-wheelers for our daily commute make things much easier as well as pocket friendly.

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Dec 23, 2016

Know the Fair Market Value Of Used Vehicles

The buyers in the used-vehicle market are looking for better options among the pre-owned vehicles as they serve as a great value for money product. Customers can buy a used vehicle, which is in excellent condition both aesthetically and mechanically, at a very reasonable price. And this way, we do not have to spend a fortune on the car we want to buy.

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Nov 13, 2016

Orange Book Value Launches its Exciting TV Commercials!

We are excited to share that we have launched our latest TVCs for Orange Book Value (a service by Droom). These amazing animated ads highlight how OBV empowers users while they are selling or buying any used vehicles online or offline. With OBV you can get fair market value of any used vehicle in 10 seconds. So, no more debate on "gaadi ka rate kya hai!"

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Nov 1, 2016

Used Scooter Price Advice

Are you planning to buy a used scooter anytime soon, but don’t know how much money shall you keep for your budget? Also, are you thinking about the quality of the used scooters and worried about their reliability factor?For all those people, buying a used scooter is not much of a hassle if you understand the pricing of used vehicles and how it is done.

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Oct 24, 2016

Orange Book Value: Transparency in Used-Car Valuation

Orange Book Value (OBV) is basically an algorithmic pricing engine that comes up with the current market value of used vehicles that include cars, bikes and scooters. Unlike other sources, Orange Book Value not just depend on historical data for determining a vehicle's fair market value but also uses scientific evidences and real-life factors that play major roles in value depreciation of vehicles. These factors include the make and model of the vehicle, the variant of the car or bike, year of manufacturing, the number of owners, odometer reading that indicates the number of kms driven, and also the basic physical and mechanical condition of the second-hand vehicle. You need to keep your car in a really good shape and very well-maintained in order to get a high market value from it at the time of selling it off.

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Oct 21, 2016

What You Need To Know About Used-Car Pricing

Before buying a used car from a dealer or an individual, you need to understand some things about how a car seller comes at the price he puts on the sticker. Generally, a dealer calculates his own of-pocket costs before determining a selling price on the used car.

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