Orange book value is a platform that helps in determining the fair market price of used vehicles. It takes into account the category, make, model, year and trim of the vehicle along with the condition of the vehicle and the kilometers it has run to suggest the fair market value. The awards will be organized in new delhi on 11 th december 2018, to reward the success and growth of used automobiles in the country. Orange book value has expanded its reach to 34 new countries. Orange book value obv is indias first and only algorithmic pricing engine, providing the true market value for any used automobile. Dec 06, 2017 after a blockbuster success for drooms orange book value obv, which provides a fair market value of any used vehicle, droom has launched obv for mobile, a pricing engine for used mobile phones. Online automobile transactional marketplace droom, which had introduced its unique and pathbreaking pricing engine, orange book value obv in 2016, has announced that the price engine has generated a whopping 200 million user base within 28 months. Drooms algorithmic pricing engine orange book value is now spreading wings in europe, middle east, and oceania as well. Coronavirus lockdown has forced automakers to put off launch plans of quite a few key models. Orange book value is built on drooms proprietary technologies and data science. But there are many carmakers who did not hold themselves. Obv suggests the market value of a vehicle of preowned vehicles including cars, motorcycles, scooters, bicycles and even.
Orange book value droom october 17, 2016 write a comment a brand new car loses its value as soon as it comes out of the showroom. Zorba publishes obv orange book value droom by zorba books on mar 28th, 2017 now when you see the droom advertisement on tv you know that your favourite publishers also responsible for. This new service is called the orange book value obv. Obv gives information on used car, bike and scooter pricing in less than 10 seconds. Drooms algorithmic pricing engine orange book value reaches 34. Droom, indias pioneering online automobile transactional marketplace, is riding high on the success of its orange book value obv, an algorithmbased benchmark pricing engine, which has received. Zorba publishes obv orange book value droom zorbabooks. Droom services, orange book value, vehicle history, vehicle inspection droom march 4, 2020 write a comment with the reliability of used cars, the market for used cars is becoming a good alternative for users who want quality and good cars for a lesser price compared to new prices. Obv helps you determine the fair market price of any secondhand bike within 10 seconds. Obv is industry first pricing benchmark usa patented provisional. Dec 09, 2015 along with orange book value, droom also has a plethora of other such tools under droom discovery ranging from affordability calculator to emi calculator to total cost of ownership. Droom launches orange book value, an algorithmic pricing engine.
Jun 06, 2017 at droom, we constantly make efforts to improve the user experience and acknowledge grey areas of the automobile market in india using technology. Drooms algorithmic pricing engine orange book value. Drooms orange book value expands to europe, middle east, and. Online marketplace for used cars droom has extended its fair price value assessment tool, orange book value for used mobile phones. Droom today introduced expansion in their pricing engine for used cellular phones. Orange book value obv is an algorithmic pricing engine for used car valuation. One of such initiatives is orange book value enterprise obv enterprise. Drooms obv for mobile feature analyses mobile phones based on their make, model, age, condition, and accessories, besides many other factors, to come up with a fair, unbiased, and. Orange book value obv is the most unique and accurate free valuation app for used automobiles.
The brand is going to present indias first preowned auto awards. Are an individual or dealer of a car, scooter or motorcycle and would like to know the fair value of your vehicle, look no further droom technology pvt ltd, has published updated book obv orange value book. Dec 06, 2017 built on droom s ecosystem tool, orange book value obv, helps buyers accurately ascertain the fair market value of any used phone that too within 10 seconds. Used car price check fair market value of all used car such as maruti suzuki. Known as orange book value obv, drooms obv for mobile appears to offer an honest marketplace value of any used car, and now mobile phone, to help shoppers as it should ascertain the fair market value. Gurgaonbased online automobile marketplace, droom has launched an orangebookvalue obv destination website, along with its android. Drooms orange book value receives over 100 million. Obv pricing report suggests the fair value of any vehicle by analysing all the inputs given by the user. Media campaign of inr 25 crore for drooms orange book value. Droom claims that the us patentcertified obv pricing engine orange book value is indias. Orange book value is a category agnostic pricing engine and suggests unbiased fair. Orange book value is built on droom s proprietary technologies and data science.
Droom is indias fastest online auto marketplace to buy and sell new and used automobiles. These awards are diverged into four categories, the buyers choice, sellers choice, jurys. Knowing used car, bike and scooter valuation is necessary for both buyers and sellers. Jul 10, 2019 online automobile transactional marketplace droom has made one more important move in the global automobile space. After a blockbuster success for droom s orange book value obv, which provides a fair market value of any used vehicle, droom has launched obv for mobile, a pricing engine for used mobile phones. Drooms orange book value expands to mobile segment video. It comes up with the current market price of the vehicle. Buyer will have opportunity to benchmark pricing of your listing and thus quickly and bojectively about the offer price. Read more about droom launches orange book value, brings unprecedented innovation on business standard. Orange book value is indias first algorithmic pricing engine to calculate the fair market value of any used vehicle. Orange book value is malaysias best vehicle valuation tool to check the fair market price of any used car, bike and scooter online.
After a blockbuster success for drooms orange book value obv, which provides a fair market value of any used vehicle, droom has launched obv for mobile, a pricing engine for used mobile phones. Droom launches orange book value, brings unprecedented. Obv helps in determining fair market price of any used vehicle including cars, bikes and scooters. Sandeep aggarwal, founder and ceo, droom said,right valuation of a pre. Indias pioneering online automobile transactional marketplace droom today announced the launch of orange book value obv destination website along with its android and ios apps, multiple partnership, and third party web publishers widget. In order to establish obvs stance in the realm of automobile buying and selling, droom has rolled out its marketing campaign titled resale ka mrp. Orange book value, what is orange book value droom. Orange book value obv is an algorithmic pricing engine to find the fair market price of any used vehicle in 10 seconds for free. Droom, an online automobile transactional marketplace, has recently launched a new service to make it easier for people to buysell used vehicles. Being a technology driven organization, our main focus has always been to empower users with ease and to help them experience the 21st century experience of. Jul 12, 2019 droom s pricing engine, orange book value obv, has announced its launch in 34 new countries. Dec 30, 2016 orange book value from droom, the first and only algorithmic pricing engine for used vehicles in india, comes as a boon for the used car buyers and sellers as it helps in determining the exact value of any used automobile. Jan 15, 2020 droom these days announced the expansion of their pricing engine for used mobile phones.
Orange book value works as an independent value calculator for cars, bikes and scooters that determines secondhand vehicle prices. Drooms orange book value crosses 200 mn users in india. Read more about drooms orange book value crosses 200 mn users in india on business standard. It is indias first algorithmic pricing engine in order to find fair market price of any used vehicle in just 10 seconds for free. Obv use data science approach to give a fair market price of a vehicle in real time. If you are planning to buy a new vehicle, you would be curious to know about its onroad price, features, running cost, mileage, technical specifications, etc.
Built on drooms ecosystem tool, orange book value obv, helps buyers accurately ascertain the fair market value of any used phone that too within 10 seconds. The orange book value or any pricing or valuation mentioned in the report is an indicative pricing, generated based on proprietary patented methodology of droom. Right valuation of a preowned vehicle has always been a strenuous task for both buyers and sellers and obv has been especially designed keeping this in mind. Orange book value obv is indias first algorithmic pricing engine to calculate the fair market value of any used vehicle. Droom discovery offers all kind of information on new cars, bikes and scooters in india. If you would like to sell or buy a second hand vehicle, car, scooter, motorcycle.
By introducing this ai and data scienceled pricing engine in 34 more countries. Droom discovery by droom indias first marketplace for automobiles and vehicle related services is a platform that provides the users with all the information related to a vehicle. Droom s obv for mobile feature analyses mobile phones based on their make, model, age, condition, and accessories, besides many other factors, to come up with a fair, unbiased, and. It uses drooms 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. Known as orange book value obv, drooms obv for mobile appears to offer an honest marketplace cost of any used automobile, and now cellular telephone, to help shoppers appropriately ascertain the fair market value. This is a service by droom, which was founded by sandeep aggarwal. After orange book value for automobiles atticusblog. 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. This is where droom discovery steps in as a one stop destination for a potential buyer. Oct 26, 2016 drooms orange book value, an algorithmic pricing engine, aims at removing the hassles of selling a vehicle or buying a preowned one. Drooms orange book value crosses 100 million queries. It is available on the website and also through android and ios apps.
Orange book value, a comprehensive pricing engine provided by droom has announced its launch in 34 new countries. Droom, indias online automobile transactional marketplace, announced the launch of orange book value obv destination website along. Drooms orange book value expands to europe, middle east. Droom launches orange book value destination website dataquest. It takes into account the category, make, model, year and trim of the vehicle along with the condition of the vehicle and the kilometers it has run to. Orange book value is aimed to provide fair valuation of any vehicle. Obv will also help you calculate the fair market value in less than 10 seconds for free. Read more about droom s orange book value crosses 200 mn users in india on business standard. Droom cannot be held responsible for any losses incurred or liabilities arising by the party relying on this report. Orange book value shows the fair market value of any used automobile for free in 10 seconds dont buy or sell automobiles without checking obv. Check vehicle price used car, bike valuation tool online droom. Droom launches orange book value an algorithmic pricing. If you wish to buy a used bike, but, you are not sure about its current market value, orange book value obv is the right tool to get you out of this dilemma. Buy obv orange book value version 5 book online at low prices.
May 22, 2020 droom is an ai and data science driven online transactional platform, which offers 21st century experience in buying and selling used and new automobiles in india and other emerging markets. Check the price of your used car, bike and scooter online. Orange book value indias first and only algorithmic. Aug 24, 2016 speaking on the new innovation, sandeep aggarwal, founder and ceo, droom, today is a historical day for the entire auto industry in india as we are launching orange book value obv, indias first and only algorithmic pricing engine to measure the true market value for any used automobile. It is the only marketplace in india which follows all four models of operating, i. Drooms orange book value expands to mobile segment.
Orange book value is an algorithmic pricing engine by droom that suggests fair market price for any used vehicle. A service by droom, orange book value has tied up with instacash to let you quickly sell your second hand mobile phone. Drooms algorithmic pricing engine orange book value reaches. Many sellers and buyers are now using obv to check the true market value of a vehicle before selling or buying. Droom was founded in april 2014 by exshopclues ceo, sandeep aggarwal along with rishab malik. Obv is an independent, unbiased, and data driven usa patent pending tool built on drooms proprietary technology and algorithms, and advanced. Droom launches orange book value destination website. Obv is an independent, unbiased, and data driven usa patent pending tool built on droom s proprietary technology and algorithms, and advanced 21st century american data science discipline. Depreciation in is an inevitable process, but it can be in the owners hand that how. By introducing this ai and data scienceled pricing engine in 34 more countries across europe, middleeast, and oceania, droom aims to establish obv as the default engine for the fair market price of any vehicle in all these markets. Droom discovery new cars, bikes, scooters in india.
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