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.
Orange Book Value works as an independent value calculator for cars, bikes and scooters that determines second-hand vehicle prices. This is a service by droom, which was founded by Sandeep Aggarwal. 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. 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. However, we do not get to understand the proper valuation of our vehicles.
Questions like what is the value of my used car or used bike come to our mind when we decide to sell it off. It is basically an algorithmic pricing engine that suggests market value of used cars, used bikes and used scooters. Orange Book Value is a platform that helps in determining the fair market price of used vehicles.
