Johor
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Pricing Research

Pricing Research helps a user with complete pricing analysis of a vehicle based on Droom’s listings. It gives you a fair idea of the price of a used vehicle and you can purchase your favorite vehicle for the best price.

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Pricing Research Methodology:

Pricing Research tool gives the following information to a user:

  1. Fair price range of the used vehicle (Orange Book Value)
  2. High, Mean, Median and Low prices of similar vehicles listed on Droom’s platform.
  3. High, Mean, Median and Low prices of similar vehicles sold on Droom’s platform.
  4. Current and past ex-showroom prices of a similar new vehicle.

Pricing Research Glossary:

  1. High Price: The highest price at which the vehicle is listed or sold on Droom.
  2. Mean Price: The average price at which the vehicle is listed or sold on Droom.
  3. Median Price: The mid value of price range at which the vehicle is listed or sold on Droom.
  4. Low Price: The lowest price at which the vehicle is listed or sold on Droom.