Orangebookvalue.com - Used Vehicle Pricing Calculator
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Orange Book Value (OBV) suggests used car valuation through its basic and valuation reports. While buying a used car, it is very important to understand fair market price at that point of time. Through OBV, you can check used car price of any car model produced by any manufacture like Maruti Suzuki, Hyundai, Mahindra, Honda, Tata, etc.

Orange Book Value (OBV) suggests used car valuation through its basic and valuation reports. While buying a used car, it is very important to understand fair market price at that point of time. Through OBV, you can check used car price of any car model produced by any manufacture like Maruti Suzuki, Hyundai, Mahindra, Honda, Tata, etc. (View More)

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FAQs

What is Used car valuation?

Used car valuation is the process of finding used car price at present time at a given place. With OBV user can easily check used car price just by selecting make, model, year, trim and KMs driven. The Used car valuation depends on various factors such as current condition, year of purchase etc. Valuation of Used car cannot have a correct price tag; it will always be a fair range of price.
A car starts depreciating its value once it moves out of the showroom and with time it depreciates almost half of its original price. The owner of the car also does not have the clear understanding of its fair valuation.

How do I find the value of my Used car?

You can simply fill an online form on OBV tool with details category of vehicle, make, model, trim, year and KMs driven to check used car price in just one click.

How Used car price impacts the insurance of my car?

Just like the way, insurance for a new and Used car will differ, because of the condition and valuation of the car. Similarly, the Used car valuation will indicate real-time worth of the car. The more the valuation, the insurance coverage will be better and vice-versa. If the condition and the valuation of car is lower, the insurance packages may be higher for you to bear the risk factors involved with it.

Is buying Used car is a good idea? Are second-hand cars worth it?

Yes, of course. Buying a Used car is great idea. It fulfils the dream of owning a car and save your pocket from burning. Just like new, you will get several options of second-hand cars at Droom. You can surely check its condition, history, price, and loan availability beforehand and then think of buying it.

How frequently Used car price gets updated?

Used car price gets updated on a day-to-day or hour-to-hour basis. You will get real-time valuation of any Second-hand cars as the input changes. The more you use, the KMs driven number will increase and simultaneously the condition of car and its valuation will decrease. So, valuation of a single car can show something in the morning and vary in the evening.

Do I have to register on Orange Book value to check my Used car price?

No, there is no need to register. You can simply visit orangebookvalue.com or OBV app, to put the details of your car and you will get the estimated car resale value, along with basic car condition. You may need to put your phone number to get a more detailed report or OBV advance valuation

What makes Orange Book Value the best Used car valuation tool?

Orange Book Value is an AI driven pricing engine that uses 21st century data science, to provide Used car price of any Used vehicle under 10 seconds and that too for free. User can simply access this website and check Used car valuation by entering the details required. It has already been trusted by more than 500+ million people across the globe.
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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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