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Check New Car On Road Price With OBV

OBV or Orange Book value is the most advanced tool for determining the on-road price and ex-showroom prices of the new car you are willing to buy. OBV uses the most advanced algorithm to determine the price of a car. Even if you are going to buy a car offline from a brick & mortar showroom, make use of the tool to determine the actual price of the car. It will help you to negotiate with the seller with confidence or help you to understand whether they are mentioning the correct price or not.

OBV or Orange Book value is the most advanced tool for determining the on-road price and ex-showroom prices of the new car you are willing to buy. OBV uses the most advanced algorithm to determine the price of a car. Even if you are going to buy a car offline from a brick & mortar showroom, make use of the tool to determine the actual price of the car. It will help you to negotiate with the seller with confidence or help you to understand whether they are mentioning the correct price or not. (View More)

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How to use OBV?

You can check the on-road price of new cars on OBV with a few clicks. Traditionally, you visit a showroom to check the price of a car. These days, many buyers visit online marketplaces for checking car prices. Now, you haven’t to spoil so much time looking for new car on-road price for each car in your preference list. With the help of technologically advanced websites like OBV, you can instantly check the valuation of the car online from your laptop or smartphone. It is a hassle-free way to find the price of a new car of any make and model. While determining the price of the car follows the steps given below:

1. Visit orangebookvalue.com

2. Select category – here it will be “Car”

3. Decide the brand you wish to buy like Aston Martin or Audi

4. Choose the model you wish to buy

5. Select the year of manufacturing of the model

6. Select “trim”

7. Lastly, click on “ Check OBV”

Steps to buying a new car online

One crucial thing about buying new cars is not to become excited because of the huge number of options. After you have completed researching this part, you have to follow the steps mentioned below to buy new cars:

1. Visit the website where you are intending to buy a new car

2. Check out the new cars listed on the official website

3. Submit your needs in terms of car make, trim, model, location, new car on-road price, or to check new car ex-showroom price etc.,

4. You will get the best matches according to your needs

5. Pay the car booking amount for sharing correspondences details

6. Test drive the car

7. Use Orange Book Value (OBV) to find the market valuation of the car

8. Tally the on-road price and ex-showroom price with OBV

9. Complete all the associated formalities

10. Pay the final price

The online vehicle marketplaces have completely changed the car buying process. OBV can help you to find the actual price of the car you are willing to buy.

FAQs

What is the Ex-showroom car price?

Ex-showroom price of car is the cost of manufacturing a vehicle, as decided by the manufacturer, and highlighted in advertisements, along with Goods and Services Tax.

What is the On-road price of a new car?

On-road price is the cost a buyer pays to own the vehicle. It includes registration charges along with insurance, road tax, and other additional costs.

How frequently is car price updated for new cars?

New car price is updated in real-time. Check out all the newly launched car prices at https://orangebookvalue.com/new-cars . Besides the On-road price, you also get an unbiased estimation for the Registration charges, Insurance, and Cess.

How is On-road car price calculated?

On-road price of any new car model is calculated by adding ex-showroom price, registration charges, road tax, insurance, and other additional costs for a final On-road price estimation of a vehicle.

Do I have to register on OBV to check the new car price?

No, there is no need to register. You can simply visit https://orangebookvalue.com/new-cars to check new car on road price or you can download the OBV app to check the new car ex-showroom price. Feed-in the vehicle details to get an unbiased car resale value estimation based on thecar’s condition. You will have to register for a valuation report wherein you get a certified digital pricing report which you can share with anyone via messages or e-mail.

Is the Ex-showroom price and On-road price same?

No, the Ex-showroom price does not include the cost of owning a vehicle such as registration charges, road tax, insurance, etc.

What are the popular new cars of the year 2023?

There were many exciting new car launches in 2023. The list includes Tata Punch, XUV700, MG Astor, Tata Tigor EV, Hyundai Creta, Mahindra Thar, Maruti Suzuki Wagon-R, Hyundai i20 N Line, Honda Amaze, Volkswagen Taigun and others. You can find all the new cars in 2021 at Droom by searching for them.
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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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