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Dec 23, 2016

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:

Maruti Suzuki Alto
Maruti Suzuki Alto is the reigning king of the Indian auto industry. Being an entry-level model, the Alto has always been the best-selling car in India since its introduction in the country. Over the years, the Alto as gone through several changes, and with that, it has remained the favourite car among the entry-level car buyers. Moreover, it is also one of the best-selling used-cars in India. Being a cheap and reliable car, the Maruti Suzuki Alto returns good value for money. Moreover, the car has a very good resale value. At Droom, we have the largest collection of used Maruti Suzuki Alto cars available for resale across the country. We have a listing of 2,138 used Maruti Suzuki Alto cars in India.

Hyundai i10
Another very successful car from Hyundai that has made its place in the list of most selling used cars in India is the Hyundai i10. With a futuristic design and spacious cabin, the i10 grabbed the eyes of several potential customers when it was launched in the Indian auto market. As a used car, it returns great value for money as it comes with enough power and modern features. Used Hyundai i10 cars are very reasonably priced and a buyer can choose from a plenty of options. At Droom, we have the largest collection of used Hyundai i10 cars with a list of 2,998 models.

Maruti Suzuki Wagon R
Another model from Maruti Suzuki has made its place in the list of most selling used cars in India, and that is the Maruti Suzuki Wagon R. The "Tall Boy" from the Indian automaker has a cult following in the country and it is very reasonably priced as a used car. Most of the used car buyer who want a powerful car in entry-level segment go for the second-hand Maruti Suzuki Wagon R. At Droom, we have a collection of 2,686 pre-owned Maruti Suzuki Wagon R cars available for resale around the country. It is a reliable car in a very reasonable price range and returns good resale value.

Hyundai Santro
The most successful car in the Indian portfolio of Korean automaker Hyundai, the Santro continued to be one of the best-selling cars in the country for years until the company discontinued its production. Even now, it has a very good demand in the used car market in India. Over the years, the Santro went through various changes and these models are available for resale in the second-hand car market. At Droom, we have a listing of 740 used Hyundai Santro cars and potential buyers can find the best one for themselves as per their budget and requirements.

Maruti Suzuki Swift
The best-selling B-segment hatchback, Maruti Suzuki Swift has been one of the best-selling cars in the Indian auto market since the time it was launched in India. The Swift comes with a contemporary look, and, with that, it has achieved a cult following in the country. Not only in the new car market, but also in the used car market, the Swift is one of the best-selling vehicles. Being a Maruti Suzuki product, the Swift is reliable and reasonably priced. So, as a second-hand car, it comes with an impressive resale value. At Droom, we have the largest collection of used Maruti Suzuki Swift cars. You can choose the best one for yourself from a list of 4,485 second-hand Maruti Suzuki Swift cars.

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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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