There is a reason to be happy for car buyers in Malaysia owning to the launch of Orange Book Value or OBV in Malaysia. Droom has given the Malaysians their own pricing engine whose popularity is raging all over the globe!
OBV is the 21st century tool that is used to determine the fair and correct price of the tool. The tool correctly determines the pricing queries of car, bike, scooter in under 10 seconds! OBV is fast gaining traction in Malaysia where the tool is being used for used car valuation. OBV is an unbiased, independent, and data-driven price calculator engine that calculate price of a car based on the fair and current market value of the car.
OBV achieve this by using real data science to calculate an accurate and right price of a used vehicle. This method of determining the fair price online is becoming extremely popular that has won the hearts of millions of people.
When it comes to used car valuation , most buyers rely on the guesswork or just try to negotiate on the price quoted by the seller.
Sometimes the sellers dupe the buyers if they don’t have much knowledge about cars and their current market rates. OBV is the tool for buyers to verify the price of the used car a person you
Using OBV is simple as ABC. You can check the price of your used car just by following below mentioned steps. First, select your purpose to use OBV, like buy or to sell. After selecting your purpose, select the vehicle category like – car , bike , scooter, bicycle, etc. Now, fill in the details of the car like its model year, year of manufacturing, trim variant, kilometres driven.
Finally, click on the “check price” button to get a fair and correct price of the pre-owned car in Malaysia. Now you should get a fair estimate of the price that your car would fetch. The data is extremely reliable as it is based on the 21st century Data Science and Machine Learning Methodology. The OBV tool is used by even leading banks, NBFC’s insurance companies to gauge the real value of a second hand car< in Malaysia.
Orange Book Value is the most scientific method that provides the fair and right market value of a used car. A buyer armed with the fair price of a used car can make a wise decision to buy or not buy a used car. OBV is an industry-first when it comes to providing the right car valuation based on the actual condition of the car. A buyer can check used scooter price just with a click of few buttons. One can check free car valuations from the comfort of a sofa! You can get also detailed report about a used vehicle that contains all the essential details about a vehicle. One of the key reasons to choose OBV is the accurate details that goes a long way. All calculations are done in a real-time method which suggests a fair market value of all used vehicles.
The OBV tool has successfully established trust in the minds of both buyers and sellers. The fact that OBV tool won’t let buyers buy used vehicles above of what they deserve as per the current market value of that vehicle. The OBV tool prevents sellers from undervaluing their used vehicles. This leads to a better satisfaction among both the buyers and sellers.