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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.

Here are the 5 reasons to buy second hand mobile phones

  • Plenty of options : For a single mobile phone, you will have hundreds of sellers quoting a different price. It plays out in the interest of the buyers as with the higher number of options they can choose the most viable option within their budget. From Apple, Samsung, Xiaomi to RedMI, Oppo, and others, buyers get to enjoy multiple options.
  • Cost-effective : Looking to own an iPhone, but cannot arrange for necessary finances? No worries! You can opt for top quality second hand iPhone. You do not have to ask for credit from your friends or family members. It is cost-effective to opt for a used phone than to pay a higher amount for a new phone.
  • Optimum performance : Check out the software upgrade and you will find the latest version of it upgraded on the respective phone. Smartphone users tend to be tech-savvy who make sure that their phone is performing at its optimum and when they go out to sell it, they want to make sure that the selling price is not slashed due to low performance. Make sure that to check the same before finalizing the deal.
  • Reduction in electronic waste : One of the most underrated benefits of opting for a used phone is the environmental benefit. Though a tiny step, however, considering the amount of electronic waste generated by the millions and millions of mobile phone users, you are reducing the harmful chemicals which seep into the soil when they are dumped in the landfills around the globe.
  • New phones in the second hand phone category : There are times when a new mobile phone user is looking out to sell off their new purchase due to many reasons. These new phones, still packaged, are sold under the used mobile phone category. You can simply filter your search to find these and get your hand on a new phone at slashed prices. With amazing valuation tool you can check used iphone price, Samsung price, Redmi and many more.

How to find a great deal while buying second hand mobile phones?

The online platform has opened a plethora of options for potential buyers. From a seamless buying journey, bringing in plenty of top options to used mobile valuation tool, buyers get to enjoy a rewarding experience.

No need to travel around the city or ask your peers to find you a nice phone. Simply, log on to your computer to access the official website. Rest is all about setting your requirements to use the search filters for your benefit.

Things to keep in mind before buying a second hand mobile phone:

  • Cost : The first and foremost step is checking the fair market price of the used mobile phone you are going to buy. Now, with the availability of used mobile valuation tool it became much easier to know the fair market price. Set a budget beforehand to sort your search efficiently. This way, you can find out the exact match within your budget and can save your time.
  • Specifications : Are you a music maniac who stores GBs of songs on their device or are you looking to play games on your phone? Evaluating the phone usage can help you determine the exact phone specifications you should be opting for.
  • Accessory : On the product page, check out the associated accessories you will be getting along with the phone. The unavailability of earphones, chargers, or even an adapter can help you negotiate for a better price.

It is always better to finalize multiple options before making a final decision. Use the Orange Book Value tool to make an informed decision. If you happen to be worried about the price, you can use the Second hand mobile valuation tool to find out the fair market price of a used mobile phone.

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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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