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May 27, 2022

How to Calculate On-Road Price of a Car?

Do you know that a car’s price is classified into two categories i.e. On-road price and ex-showroom price? It is a common mistake to confuse the two. However, when you are planning to buy a vehicle, it is important to be aware of the difference between the two for better financial decisions. Now, what is on-road price, and how to calculate the on-road price of any vehicle?

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July 15, 2021

What is Property valuation tool | The complete guide

The bike valuation tool is a dream come true for people looking to buy/sell a used bike. When you consider the most important pain point of buying/selling a bike, it is bike valuation. On one side, a seller wants to get at par and beyond value for their used vehicle, and on the other, a buyer, does not want to end up overpaying for a vehicle.

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June 11, 2021

Bike Valuation Tool - Get the most accurate value of your used bike

The bike valuation tool is a dream come true for people looking to buy/sell a used bike. When you consider the most important pain point of buying/selling a bike, it is bike valuation. On one side, a seller wants to get at par and beyond value for their used vehicle, and on the other, a buyer, does not want to end up overpaying for a vehicle.

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June 01, 2021

How to increase the resale value of your car?

Getting the right price for their car is probably the most important factor for any seller. How many deals have seen fall flat because of the difference in the opinion of both the parties regarding the selling price of a used vehicle? All those lengthy negotiations and back and forth quotations do not yield any result if they are not well within the expectation of a seller.

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May 27, 2021

Orange Book Value – Crossed A New Milestone of Success

It is a proud moment for all of us! Shout out to all of you who have ever used Orange Book Value (OBV) Pricing Engine. We have a huge announcement that OBV has crossed 500 Million pricing queries.

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May 17, 2021

Things to Consider Before Buying a Second Hand Mobile Phone

In the last few years, there has been a significant surge in mobile phone sales. So much so that today people are looking out for cheaper options in the form of second hand phones. There are plenty of reasons, the most prominent being the slashed prices. Gone are the days when you could not rely on the quality or performance of the used mobile phones. Today, with the advent of used mobile valuation tool and other tech integration for the benefit of potential used phone buyers, the process and the options are too good to be ignored.

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Feb 25, 2021

5 Reasons Why Car Valuation is Important for Selling Your Car.?

You may wonder how you can sell your used car and get the best price for it when you’re not a car expert. Well, there’s nothing to worry about. A used car valuation tool can help you to determine the true worth of your vehicle easily. This tool takes into consideration several distinct parameters and the condition of the car to provide the best car valuation online.

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Jan 20, 2021

Used Car Valuation Tool: How to find second hand car price?

The primary query of everyone while going out to buy a second hand car is the price. Though, when you go out to buy a car from a known person, chances are that you take the word of mouth to place your trust. However, the car performance, cannot be relied upon the word of mouth; there must be proper second hand car valuation by taking into consideration various parameters.

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Nov 23, 2020

Reasons to Say Yes to Used Cars in 2020

Incentives for a new car are high and the values of used cars are down. Well, this story can change in the following week after buying a brand-new car. As per the recent trend of the automobile industry, this seems to be the message to every car owner.

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Nov 23, 2020

Get The Best Value Of Used Bike With Bike Valuation Calculator

When putting a used bike on sale, it is important to acquire an estimation of the value as much as possible. Knowing the market value of that particular model can mean a lot when selling. There are a number of price estimation engines and online tools including a bike valuation calculator through which it is possible to know your used bike’s value in the market.

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Jan 02, 2019

What is Residual Value?

Get a car on lease, to enjoy a comfortable and reliable ride on the vehicle that you desire. With this, comes the concept of Residual Value that will help in calculating the value of vehicle at the end of lease. This will improve the process of car lease negotiations that would eventually reduce your pocket’s expense.

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Sep 24, 2018

Top 10 Tips to Check Used Car Price

People have been buying used vehicles for a long time, and they have various reasons to do so. Some people buy used vehicles for the low price, while some buy them for learning or collection purposes. However, in the bargain of used vehicles, you only win when you pay the right price. However, much first time used car buyers get deceived when it comes to Used Car Price due to lack of knowledge about the same.

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Aug 03, 2018

10 Hatchback Used Cars in 2018

Owning a car is a dream come true for many. Nowadays, cars that are cheaper, have greater mileage, are more compatible with one’s lifestyles are being launched on a regular basis.

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Jul 02, 2018

Want To Know A Used Bikes Value Then Check With A Specialist Online

While putting your used bike on sale, it is important to get the right estimated value of the bike in the market. By using online tools and price estimation engines, you can know the Value of your Used Bike and can quote a good amount to get the maximum benefits.

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June 20, 2018

OBV Launches Its Animated TV Ad Campaign!

OBV is back on TV. We are excited to share that our television ad campaign is airing on various channels. OBV aka Orange Book Value is a Used Vehicle Pricing Engine, and has already saved 20 crore Indians from getting duped while buying a pre-owned vehicle.

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June 18, 2018

Car For Sale by Owner - Find the Best Price For Used Car

If you are planning to sell a used car, it is very important to understand its fair valuation in the market. Today, online price estimating apps and pricing engines are offering tools which can be used to find the best price for used car for free. These platforms are built with advanced algorithm that helps in offering precise used car valuation to strike a deal at best price.

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JAN 31, 2018

Some Useful Tips In Selling Your Used Car

Selling a used car can be a novel experience if you are new to the car-selling process. While selling your used car, it is important that you are in an offensive position rather than a defensive one. An offensive position is when you have complete knowledge about your car and vice-versa.

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JAN 25, 2018

How Can I Know Used Bike Price Online

The online market has become a go-to-place for shopping. With a plethora of e-commerce websites available, shopping lifestyle products, electronic gadgets and clothing have become as easy as pie.

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JAN 11, 2018

Top 3 Used Sedans In India

Maruti Suzuki Swift Dzire If we talk about the best-selling used sedans in India, Maruti Suzuki Swift Dzire stands among the top models. The Swift Dzire was launched in the market on 26th March, 2008 by homegrown manufacturer Maruti Suzuki. It is basically a compact sedan based on the platform of the popular Swift hatchback. Used Maruti Suzuki Swift Dzire is offered in 14 variants namely LXi, LXi (O), LXi ABS, VXi, LDi, VXi ABS, LDi ABS, VXi AT, ZXi, VXi AT ABS, VDi, VDi ABS, ZDi, and ZDi AMT, and all these variants are available in the used car market. Used Maruti Suzuki Swift Dzire is offered in various trendy colours that include Pearl Arctic White, Silky Silver, Cave Black, Magma Grey, ALP Blue and Sangria Red.

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SEP 11, 2017

OBV Launches Valuation Tool for Used Mobile Phones

Droom, India’s first and only marketplace for used vehicles and related services, has launched Orange Book Value (OBV) for used mobile phones. With OBV for used mobile phones, now, you can check the Fair Market Price of any Used Mobile Phone in 10 seconds on OBV. We have a huge database of more than 2500 mobile phone models, and this is one of the most comprehensive mobile phone lists available on the internet.

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SEP 11, 2017

Top 5 Used Hatchbacks In India

Maruti Suzuki Alto

Being the most important product of Indian auto giant Maruti Suzuki for years, the Maruti Suzuki Alto is one of the top 5 used hatchbacks sold in the Indian used vehicle market. Used Maruti Suzuki Alto has always been one of the favourite cars among the used cars buyers who are looking to purchase a small car at an affordable price. It is reliable and reasonably priced. Used Maruti Suzuki Alto and the all-new Alto model, used Maruti Suzuki Alto 800, both are doing great sales numbers in the pre-owned car market in the country. Used Maruti Suzuki Alto and Alto 800 cars are available in various colours that include Auburn Brown, Absolute Black, Mojito Green, Blazing Red, Granite Grey, Silky Silver, Mojito Green, Cerulean Blue, Granite Grey and Superior White. The car is powered by a 3-cylinder, 0.8-litre engine that produces 48 PS of maximum power while churning out 69 Nm of peak torque. At Droom, you can find the largest collection of used Maruti Suzuki Alto with a total listing of 1540 vehicles from all over the country.

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AUG 01, 2017

Most Selling Used Cars in India

Used car market in India is growing at a rapid pace with each passing day. Several potential car buyers are looking to purchase a reasonably priced, yet reliable and value for money vehicle. Here, we have listed some of the most selling used cars in India which are witnessing very good numbers in terms of sales. Let's check them out.

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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 Price 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 price 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 price 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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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.

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