Monday 12 June 2017

Buying A Used Bike Can Be Better Than A New One


Buying a vehicle is always full of excitement, no matter whether it is a used one or a brand-new one. However, nowadays, most of the two-wheeler buyers are going for the used bikes, which are in good shape, over the new bikes. And in most of the cases, it proves to be the right decision to make. Used bikes, which are kept in good condition and have been maintained properly, return great value for money and you can buy them at a very affordable price. Here, we have discussed some of the advantages of buying a second-hand bike in place of a new one.

The first advantage is the pricing of used bikes. Used bikes are cheaper than new ones. Many of us step back from buying our dream bike because of the hefty price it comes with. However, the same bike if bought as a pre-owned model becomes available for a lesser price which would be almost half of the price of the new model. But you need to be very careful while negotiating with the seller. Do as much research as you can and try to get an idea of the fair market value of the used bike you are planning to buy. Websites like orangebookvalue.com help in determining the fair market price of any used vehicle.

The condition of the car is another factor. If everything is alright, then it is the best situation, but if something is wrong, you can always negotiate on the final price of the bike and get things fixed on your own that will not cost you a lot of money. So, this way you can get the best deal for yourself buying a quality used bike.
For more details click here What Car Valuations


Tuesday 6 June 2017

Droom Launched OBV Enterprise 2.0!



At Droom, we constantly make efforts to improve the user experience and acknowledge grey areas of the automobile market in India using technology. One of such initiatives is Orange Book Value Enterprise (OBV Enterprise). We have recently launched OBV Enterprise 2.0 to provide a complete pricing solution for used automobiles to various banks, NBFCs and Insurance Companies. The OBV Enterprise is designed to help BFSI sector companies in checking the fair price of used automobiles and make the right business decision before giving credit, acquiring a vehicle, putting a vehicle on auction or more.

OBV is India’s first and only algorithmic pricing engine to find out fair market value of any used vehicle. Orange Book Value (OBV) is a simple yet extremely technology and data science-based online tool to provide users with the correct valuation of a used automobile under 10 seconds.

With OBV Enterprise by their side various BFSI companies can easily know the fair market price of a pre-owned car, bike, scooter or more, as per it’s condition. Rather than pulling a number from the hat, OBV offers data science approach to calculate the fair market price of any vehicle. Users can download, print or share Basic or Premium Valuation report which is independent, unbiased and data driven.
 Following are the features of OBV Enterprise 2.0:
  1. Profile Management for Enterprise: Any organisation which has partnered with OBV as enterprise gets a personal Enterprise Panel which can be logged in from orangebookvalue.com homepage.
  2. Dashboard: It allows to view the total number of queries made (lifetime, last 15 and 30 days), interactive graphical representation to see the day-wise queries made for last 14 days, subscription status.
  3. API Integration Panel: It helps to generate a new token for their website to show OBV prices on their website, a downloadable pdf copy of API Document to assist in API integration.
  4. My Account: It will allow updating the user information.
  5. Quick Check: To redirect the user to OBV website in case a quick price check is required by the user.
  6. Bulk Upload: Enables user to upload a list of vehicles (in CSV or Excel format) for which the OBV value is required. This list of products will be displayed within the Enterprise panel along with their respective OBV values within 10 seconds. The user can change the conditions separately for every vehicle.
  7. Bulk Report Download: It helps in downloading OBV reports for the vehicles uploaded. User can select the products, required report type (basic or premium) and download multiple reports in a single step.
  8. Updated Dashboard: The dashboard shows total number of queries made, number of reports downloaded (basic and premium). It also gives details about total number of queries made (lifetime, last 15 and 30 days), interactive graphical representation to see the day-wise queries made for last 14 days, and subscription status.
Download Orange Book Value Android or iOS mobile App or visit orangebookvalue.com for more details.