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Vehicle Pricing Calculator
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CHECK FAIR MARKET PRICE OF ANY USED VEHICLE IN 10 SECONDS FOR FREE

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What Is OBV

Orange Book Value is an algorithmic pricing engine by Droom that suggests Fair Market Price 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 price. Orange Book Value is a category agnostic pricing engine and suggests unbiased fair market price for cars, motorcycles, scooters. 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.
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Why OBV

OBV Mobile
Independent
Objective
Unbiased
  • Fair Market Price of Any Used Vehicle Under 10 seconds for free
  • Only Pricing Benchmark Tool which is Independent, Objective and Unbiased
  • Based on 21st century Data Science and Machine Learning Methodology
  • Used by over 300 Mn+ users
  • Used by over 245k+ auto dealers worldwide
  • Used by leading Banks, Insurance Companies, NBFCs and OEMs
  • US Patent Pending
  • Used Vehicle Pricing for Bicycles, Scooters, Bikes, Cars and Planes

How OBV Works

Select Purpose
Buy / Sell

Select Category
Car,Motorcycle,Scooter

Select Parameters
Make, Model, Year, Trim & KMS Driven & Condition

Get OBV
Fair Market Price Of The Vehicle

Benefits of OBV

Buyer

Leave the guesswork behind! OBV gives you benchmark market value of a used vehicle to give you confidence to buy

Seller

Stop pulling a number from the hat! Orange Book Value gives you a fair market price 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.

Used Vehicle Dealer

Acquire used vehicle for reselling with no markup margin of a middleman using OBV.

New Vehicle Dealer

Get OBV for exchange vehicle valuation to acquire and dispose of any vehicle efficiently.

Bank and NBFCs

OBV is a comprehensive evaluation tool to write-off auto loan for used automobile.

Insurance Companies

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.

Ride & Taxi Hailing Companies

Help the drivers acquire mint condition vehicles with used vehicle pricing certification from OBV.

Repo Companies

Dispose of a repossessed vehicle with pricing certificate for a faster transaction.

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Privacy Policy | Terms of Use
What Is OBV?

Orange Book Value is a platform that helps in determining the fair market price of used vehicles. It is basically an algorithmic pricing engine that suggests market value of used cars, used bikes and used scooters. Questions like what is the value of my used car or used bike come to our mind when we decide to sell it off. However, we do not get to understand the proper valuation of our vehicles.

In order to come up with a proper used car valuation or used bike valuation, Orange Book Value uses real time data science to value depreciation of automobiles. It helps the sellers put a fair price in front of the buyer, and for the buyers, it helps them get a product that serves great value for their money. This is a service by droom, which was founded by Sandeep Aggarwal.

Why OBV?

Orange Book Value works as an independent value calculator for cars, bikes and scooters that determines second-hand vehicle prices. It uses Droom's proprietary technology and data science to come up with fair market price of used cars, bikes and scooters, and utilises scientific data to get the exact value for the vehicle. The primary objective of this used-vehicle price guide is to get the fair market price for second-hand vehicles.

Another reason for using Orange Book Value is its unbiased results that help in obtaining reliable data on used-vehicle pricing. Also, it is the kind of valuation tool for used scooters, bikes and cars that calculates the data on real-time basis with a scientific method of suggesting their current market value.

How Does It Work?

To get the fair market price of your used vehicle, you need to follow just four simple steps. At first, you need to select the purpose, that means whether you want to buy or sell the vehicle. After that you need to select the category of used vehicle, which is whether you have a used car, bike or scooter. The next step is selecting the parameters such as make, model, year, trim, etc., of the product for which you need to get the correct market valuation. The market value of your used bike, car or scooter will highly depend on the condition of the vehicle and the kms driven. After that, you will get the exact valuation of your vehicle through Orange Book Value.

Benefits Of OBV

Orange Book Value helps buyers to understand the fair value of a used car, bike or scooter. This way, the buyer will not have to guess the price of a used car or bike and can be satisfied with price that he/she is paying for the product. For sellers, it helps in determining the best market value for their used vehicle. This valuation tool for used cars and bikes creates a transparency in the overall process. This is a pricing guide for used cars, used bikes and used scooters that helps in quick selling of second-hand vehicles. For banks and NBFCs, it helps in getting the fair pricing of used vehicles that further enhances the process of loan approvals. For insurance companies as well, the real-time data obtained through scientific calculation helps in obtaining the current valuation of the second-hand cars, bikes and scooters.

OBV Methodology

Being the most advanced algorithmic and data science-based value calculator, Orange Book Value is the most accurate valuation tool for used cars, bike and scooters in India. Unlike other pricing engines, Orange Book Value utilises Droom's proprietary data science methodologies and latest technologies to get the correct pricing of used cars, bikes and scooters depending upon various factors that lead to value depreciation such as make, model, trim, data for kms driven that is obtained through odometer reading, current condition of the vehicle that includes wear and tear, dents, major repair works, etc. A vehicle that is well-maintained and kept in good shape gets to score more in the OBV methodology and gets a better market value.

Appropriate Condition

Orange Book Value calculates the valuation of a used car, bike or scooter according to different parameters that cause value depreciation of second-hand vehicles. When pricing engine comes up with a particular result based on the make, year of manufacture, trim of the vehicle, odometer reading that decides the total number of kms driven and the physical and mechanical condition of the vehicle, the used cars and bikes are rated on its basis. These ratings include Excellent, Very Good, Good and Fair. While Excellent and Very Good signify a healthy used car, Good and Fair indicate that it has problem with some of the parts and needs special attention and repairing.

Copyright © 2024 OrangeBookValue All Rights Reserved.
What is OBV?

Orange Book Value is a platform that assists to determine the right and fair used vehicle price. OBV has an in-built algorithmic pricing engine that helps to suggest the market value of used cars, used motorcycles and used scooters. It is hard to check car value that is pre-owned. So, to come up with a suitable solution, OBV has been introduced. This is a service by Droom, which was founded by Sandeep Aggarwal. OBV uses real time data science to identify the value depreciation of automobiles. It is unbiased, independent and data driven method of finding the used car valuation. This assists the sellers to come up with a fair price in front of the buyer, and also the buyers, by providing the vehicle at a great value for their money.

Why to choose OBV?

Orange Book Value is an independent calculator for second-hand bike, scooter and car price valuation. The entire concept is based on scientific data, so there is the least possibility of occurring any fault to get the exact used car valuation. The primary objective of this price guide is to simplify the method of getting the fair market price any pre-owned vehicles globally. The second reason for OBV usage is its unbiased results which assists to obtain reliable data on used car valuation. It is not focused on any particular type of vehicle. It pertains to all categories and helps to check bike value and even assists to check scooter value at any circumstances in all parts of the world. The third reason behind choosing OBV is its accurateness. All the calculations are done on real-time basis with a scientific method that suggests the current market value of all used vehicles.

Where Does it Work?

Right from Austria, Germany and many more in Europe to India, Thailand, Malaysia and Singapore in Asia, to Australia and to UAE, Kuweit and other countries in Middle East, Orange Book Value is underwriting its noble and wise contributions globally. One after another country is accepting the power of used bike valuation, used scooter valuation and of course the car valuation, just with the help of one tool. The world is happy that one click is just enough for them to get one of the most difficult evaluations done.

How Does it Work Globally?

You need to follow four simple steps to get the fair market price of your used vehicle. Just select the purpose, like buy or sell the vehicle; next select the category of used vehicle, like car, bike or scooter; next select the parameters like make, model, year, trim, etc. of the product; and put the condition of the vehicle and the kms driven to get the real-time used car value, bike valuation, or scooter valuation with the help of Orange Book Value.

Benefits of OBV

The first and the prime advantage of using Orange Book Value by buyers to understand the fair value of a used car, motorcycle or scooter. So that, buyer does not have to proceed with the transaction with guesswork. A buyer gets the satisfaction of paying the right used bike price or for car and scooter. The next benefit is for the sellers, as they get the transparency to evaluate their vehicle and get the best market value. The pricing guide makes it possible to obtain right used scooter price or for car and bike, and also helps them to get the maximum out of their used vehicle.

OBV Methodology:

Being the most advanced algorithmic and data science-based value calculator, Orange Book Value is the most accurate valuation tool for used cars, motorcycle and scooters. Unlike the other pricing engines, Orange Book Value utilises Droom's proprietary data science methodologies and latest technologies to get the correct pricing of used cars, motorcycles and scooters depending upon various factors that lead to value depreciation such as make, model, trim, data for kms driven that is obtained through odometer reading, current condition of the vehicle that includes wear and tear, dents, major repair works, etc. A vehicle that is well-maintained and kept in good shape get to score more in the OBV methodology and gets a better market value.

Appropriate Condition:

Orange Book Value calculates the valuation of a used car, motorcycle or scooter according to different parameters that cause value depreciation of second-hand vehicles. When pricing engine comes up with a particular result based on the make, year of manufacture, trim of the vehicle, odometer reading that decides the total number of kms driven and the physical and mechanical condition of the vehicle, the used cars and motorcycles are rated on its basis. These ratings include Excellent, Very Good, Good and Fair. While Excellent and Very Good signify a healthy used car, Good and Fair indicate that it has problem with some of the parts and needs special attention and repairing.




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