Showing posts with label Full Circle Trust Score. Show all posts
Showing posts with label Full Circle Trust Score. Show all posts

Thursday, 1 September 2016

How Full Circle Trust score ease the pre-owned vehicle buying process?

Have you ever faced problems while buying a used automobile from an unknown person or dealer. Most of the used automobiles sold in India have their odometer tampered, and may have many unknown and known issues, which are typically not disclosed by sellers.


At Droom, we understand why trust is the most important thing when you are buying a used bike, car, scooter or more. Droom offers a comprehensive and unique approach to bring trust in the online automobile shopping experience. Full Circle Trust Score is a Droom’s proprietary method build to help consumers make a more informed buying decision rather than an ignorant one. This score helps in avoiding various risks that crop up due to non-disclosure of important vehicle information by the seller.

The four main components of the Droom Full Circle Trust Score are:-
Transparency Score: This takes into account the amount of information disclosed by the seller such as number of images, quality of images, description etc.

Pricing Score: This score is based on the listing price relative to market price of similar vehicles and Droom’s algorithmic pricing engine i.e. Orange Book Value.

Seller Score: Every seller is unique, hence this score is based on seller related factors such as the ratings given to them by buyers, whether the seller is verified or not etc.

Health Score: This score is based on factors which provide more trust on the vehicle such as inspection report, warranty, etc.

Full Circle Trust score is calculated on a scale of 10 and is aggregation of all the above components. The higher the score, the more trustworthy and reliable is the listing. Full Circle Trust Score allows buyers to develop a more objective assessment and comfort around the vehicles they are considering buying.

So, if buying a used car or bike is on your wish list, then choose your favorite from a wide selection of used vehicles available on our online or mobile platform. At Droom every listing comes from  a verified seller and we offer best possible price.

Hurry! Also check Droom automobile deals to save some extra money on your next vehicle purchase.

How Full Circle Trust score ease the pre-owned vehicle buying process?

Have you ever faced problems while buying a used automobile from an unknown person or dealer. Most of the used automobiles sold in India have their odometer tampered, and may have many unknown and known issues, which are typically not disclosed by sellers.


At Droom, we understand why trust is the most important thing when you are buying a used bike, car, scooter or more. Droom offers a comprehensive and unique approach to bring trust in the online automobile shopping experience. Full Circle Trust Score is a Droom’s proprietary method build to help consumers make a more informed buying decision rather than an ignorant one. This score helps in avoiding various risks that crop up due to non-disclosure of important vehicle information by the seller.

The four main components of the Droom Full Circle Trust Score are:-
Transparency Score: This takes into account the amount of information disclosed by the seller such as number of images, quality of images, description etc.

Pricing Score: This score is based on the listing price relative to market price of similar vehicles and Droom’s algorithmic pricing engine i.e. Orange Book Value.

Seller Score: Every seller is unique, hence this score is based on seller related factors such as the ratings given to them by buyers, whether the seller is verified or not etc.

Health Score: This score is based on factors which provide more trust on the vehicle such as inspection report, warranty, etc.

Full Circle Trust score is calculated on a scale of 10 and is aggregation of all the above components. The higher the score, the more trustworthy and reliable is the listing. Full Circle Trust Score allows buyers to develop a more objective assessment and comfort around the vehicles they are considering buying.

So, if buying a used car or bike is on your wish list, then choose your favorite from a wide selection of used vehicles available on our online or mobile platform. At Droom every listing comes from  a verified seller and we offer best possible price.

Hurry! Also check Droom automobile deals to save some extra money on your next vehicle purchase.

Thursday, 17 December 2015

21st Century Experience of Buying and Selling Automobiles

As 2015 comes to a close, it is with a surge of warmth that we realise the last year has redefined the shopping experience for the masses in the country. With the trend bound to exhibit an increase in the curve, online shopping is becoming more of a norm and necessity than luxury. Droom – India’s most trusted motorplace, has completely revamped itself, keeping in mind the dire needs of the consumers and the community at large.
We know, buying an automobile online is a difficult decision to make and is one which involves a good amount of investment. Also, additional queries are bound to make a place in your mind – which car is tailor made for your needs, is the price competitive, will the vehicle be in good condition, will the odometer be untampered etc.? Worry not, for we are here to give you a glimpse of the easy and amazing experience called www.droom.in.

Trust issues bothering you? Droom Full Circle Trust is the answer to all your problems. Consisting of four parameters, it helps you ease your decision making process. The Pricing Score answers the competitive pricing of the vehicle based on market price of similar vehicles and Droom’s algorithmic pricing engine. The Seller Score looks into seller related factors like the reviews and ratings and whether the seller is genuine or not. The Health Score is based on factors which provide more trust like inspection report, warranty, etc. The Transparency Score is based on listing details of the seller such as number of images, quality of images, description etc.

Like a vehicle, but not sure about the price? Looking for a guide to help you out? Droom introduces Orange Book Value – India’s first and only pricing engine for automobiles that is designed to suggest a fair market value for any used automobile. Completely data driven and an independent and unbiased pricing tool, it is designed for perfection and guarantees complete customer satisfaction.

Still not sure about the vehicle? Wading in unknown waters regarding maintenance of the vehicle? Droom introduces pre – buying research tools – Droom Discovery, which has hordes of algorithms to give you a pleasant and hassle free experience of buying and selling vehicles online. Affordability Calculator helps you in finding a vehicle within your budget, Buyer’s Guide is a one stop answer to all your queries, Total Cost of Ownership tool gives you an idea about the total cost to be incurred in the transaction and maintenance of the vehicle. An Emergency Pocket Guide is also included to give you some hands-on ideas on vehicle maintenance. We also have an EMI Calculator to help you plan your expenses after buying a new vehicle along with a few miscellaneous items like New Car Brochure, Ratings and Reviews and Vehicle Maintenance – to help you take smart decisions.

Droom Assist – Droom’s collateral to guide you every step of the buying process and give you an unforgettable buying experience has been getting rave reviews already. We guarantee a VIP service and utmost customer satisfaction so that you spend less time looking for the perfect match and more time enjoying your dream ride.

The process of buying is rather simple on our platform – select a vehicle, pay 2% token amount online via Droom (fully refundable), visit the seller and check the vehicle, pay the remaining 98% after complete satisfaction and get to drive your vehicle home. But one thing is not simple – choosing from our wide range of products. We have everything on our platform – from bicycles to aeroplanes, every service imaginable for a vehicle and also experiences – fun rides on aeroplanes, rentals on limousines during your memorable occasions etc. It is indeed difficult to choose from such a large collection, but nonetheless, the experience is amazing and designed to provide the user complete satisfaction.

With so many offerings, what are you waiting for? Pull in your seatbelt and get ready to experience our website in all it’s new avatar and say - Droom – Bindaas Ghoom!

Wednesday, 30 September 2015

Know More About Droom Full Circle Trust Score!



The Indian automobile market for used vehicles is huge. It’s no more a taboo to buy a used car or motorcycle in culture like ours. However, with second-hand big ticket items, there is always a high chance of some fraud or misleading disclosures happening. This has made the buying and selling of automobiles vulnerable and fraught with pain points.


As an initiative to eliminate these pain points and pitfalls, Droom has come up with its proprietary score for ensuring trust in transactions - Full Circle Trust Score has been implemented on the entire vehicle catalog on our platform. It is based on Droom’s proprietary technologies and algorithms that take into account trust factors such as level of disclosures by the sellers, availability of original documents, auto inspection, verified seller, warranty, genuine pricing, and many more factors, which are important to consider while buying used automobiles.


Droom Full Circle Trust Score will allow buyers to develop a more objective assessment and comfort around the vehicles they are considering buying. Motorcycles, cars, scooters and other vehicles are not everyday or impulse purchases, and we, at Droom, completely understand the importance of this purchase decision in the lives of our customers. 


Every used vehicle you see on Droom’s platform has a Full Circle Trust Score, which is an unbiased score designed to help the buyer in making a more informed decision.

Trust is the most important thing while dealing with the huge second-hand automobile market. Buying a used vehicle from an unknown dealer is full of pain points, friction and pitfalls. Full Circle Trust Score will add conviction to the used vehicle purchase, providing a surety about the condition of vehicle and authenticity of purchase.

Now buyers can shop at droom.in with peace of mind. Droom offers a fully transactional online platform that’s transparent and trustable.