Check Affordability of Your Next Vehicle With Droom!

With the rapid change in economics and the lifestyle, cars have become much more than a medium of transportation. Today, cars are the symbol of status and luxury. Everyone wants to own a superb car that conveys a ton about their personality and style. But before you invest into your next car, make sure to check the affordability range and EMI deducting your monthly expense.

India’s most trusted motorplace, Droom offers various pre-buying discovery tool to ease the stress of researching and finalizing your next vehicle. Droom’s Affordability Calculator offers a simple yet smart way of calculating your monthly expenses so that you can intelligently plan your next vehicle.

Affordability Calculator helps any user check the affordable price and EMI range at which he/she can buy a vehicle based on the income and expenditures entered by the user on a monthly basis. It’s has a simple user interface and takes user’s monthly income and expenses as an input. It asks for values for

• Salary
• Rent
• Food & Entertainment Expenses
• Credit Card Expense/month
• Home Loan EMI
• Education Loan EMI
• Other Loan EMI
• Utilities
• Other Expenses
• Loan Details like Repayment Tenure and Interest Rate per annum

On the bases of these inputes Affordability Calculator gives output as the affordable range under which you can buy the vehicle and the EMI which will be payable, and Disposable income (Monthly income minus Monthly expenditures).

As in such unstable economic times going by the budget is equally important while maintaining a sophisticated lifestyle. It’s a great tool for you to know the actual picture of your budget, so that you don’t end up buying something that becomes too hard on your pocket.

At droom.in you can also find great deals on used bikes, cars, scooters and more. So, hurry.

Have a happy shopping!

5 Reasons to Buy a Used Car Over a New Car

Buying a car is an experience. Going through all that excitement and confusion, discussing with friends regarding every new model that comes out and not to mention those sneaky sessions of car portals at work, all these pay off when you get your hands on that swanky wheel. Or let's just say it's worth it.

But one cannot deny the fact that all these excitement doesn't come cheap. Buying a car is generally a considerable financial burden on many. But wait, there is another option which not only guarantees savings but also gives a buyer a much wider range of inventory as well. Yes you guessed it right, used cars it is! Of Course a used car cannot guarantee the new car smell and the feel of being the first owner, but it certainly makes one’s pocket happy. And with so many market places coming up like Droom, where you find many verified listings that even comes with a warranty, getting a good deal is not that difficult any more. Below we have listed 5 reasons which make used cars an irresistible temptations:

Used Cars: Lower Price

Buying an Used Car is often an economical route than going for a new one. This is the reason why some of us get our hands on an Audi A4 at the price of a Honda Saloon. Isn’t it amazing to own a 2 to 3 years old Audi at an Honda’s price and top of it the saving that one can make at the same time.

Less Depreciation On Price

 

The old adage that a car loses a considerable amount of its value once driven off from the lot is unfortunately true. Also a new car depreciates much faster compared to an used car. A new car depreciates to a rate of about 40% in its first year alone. Also a new car comes up with the gut  

punch one gets when you have that first parking ding. A used car saves us from all these troubles.

Low Insurance Rate

Similar to financing, the insurance rate also change in the case of a used car. In case of used cars, the insurance rate is generally low as few things that are covered in a new car are excluded in case of an used car. Also often one can save money if buying a used cars on the front of registration and all which generally get eliminated in case of an used car. 

 

Warranty

Unlike old days when an used car meant someone’s burden or an old shabby tin can, today a number of used cars come with either the manufacturer's warranty in case of outlets managed by them or dealers who operate independently. In case of Droom, almost all cars come with a variety of warranties to get you that piece of mind people generally long for while buying used vehicles.

Saving the Earth

According to the article manufacturing a new car creates the same amount of carbon pollution as driving it. The carbon footprint of making a car is immensely complex as it involves digging of ores, manufacturing of parts, transportation of parts and so on. And looking at the present environmental condition this is not such a wise thing to do. But while buying an used car, we save the environment from this consequences and thus doing our part towards saving the environment! Next time you go out in an ‘used new car’ feel good about yourself!

So what's stopping you? Log on to Droom.in today and get that car you have been longing for days now. And what's better, you get to save the earth while fulfilling your pleasures!

Droom’s Pre Buying Tool Making Automobile Shopping Easier!

Buying a used automobile is a lot of work as a considerable amount of investment is required. The process is full of anxiety and confusion, and price and trust are the major issues faced by a buyer. A buyer is always in lurch while making the final buying decision. The Indian Online Automobile market is huge yet unorganized with multiple players offering a myriad of options. But no one is able to touch the pain points of the buyers.

Droom, India’s most trusted motorplace, has introduced India’s first and only pricing engine – OrangeBook Value (OBV) to help buyers gauge the price of the vehicle before making the final deal. Orange Bok Value is a pre-buying tool, built using Droom’s proprietary technology and data science to help users decide the right value of a vehicle. It calculates estimated market value of a used vehicle based on many factors such as

• Make
• Model
• Year
• Location
• KM Driven

And other important factors. As a buyer/seller you can use Orange Book Value to decide the price of your vehicle before buying/selling. You can use the tool to get the estimated value not only cars but also for bikes, scooters and planes.

Droom aims at organizing the scattered oniline automobile market and building Orange Book Value is just another step. By introducing OBV, Droom wants to regulate the pricing of used vehicles, as sellers will not be able to randomly price the vehicle. Buyers can now calculate the estimated price of a used vehicle to make a more informed decision. So, the apprehensions around the price of a used scooter, car, bike or more can be overcome easily.

So, before you by your next used bike, car, or scooter, make sure to check the price of the vehicle with Droom’s Orange Book Value, get peace of paying the right price. Hurry up!

Why washing your car is more important than you think?

Appearance

To start with, the car would look much better! Sadly we are a part of a society which is very keen and fast on passing judgement on the very first or second impression. Also if we look back to the days when we just got our hands on the car, the very first thing that caught our attention was its exterior beauty. So isn’t it pretty important to groom the same?

General maintenance upclose

As we start cleaning the car’s exterior, we often discover small problems like loose license plates, headlight and taillight senses etc, which generally miss our attention. These things are generally the parts in our cars that we don't touch or give attention often.

It pays to use the time down on the ground while cleaning the wheels to take a peek underneath the chassis to be sure you have no loose or broken cables or hoses. A worn or broken brake fluid line is not something you want to find out about while driving.Thus if we start cleaning our cars regularly, we would keep a tap on these as well which are no doubt pretty crucial parts of your vehicle.

Exterior finish

Your car is metal, well mostly! And metal is known to rust when exposed to humid. Now if you are not staying in a desert, it's pretty much sure that your car is exposed to certain amount of humid throughout the year. This makes the dust in the air stick to the surface of your vehicle. Now every vehicle has a paint coat to protect the metals from rusting. Now again there is a clear coat that protects the paint and is responsible for the shiny appearance.

Dust when sticks to the clear coat over a long duration of time, it slowly corrodes the coat thus exposing the paint. Washing your vehicle regularly helps reduce the probability of such an occurrence.

At Droom, we are committed to help people get the best experiences out of their vehicles so we came up with our Services to help you groom your car better. Some of the services provided by Droom Service include:

• Car care: This includes the auto servicing, cleanup, wax, paint care & all other things to look your vehicle nice & New.

• Warranty: This includes the warranty of the vehicle and is of three kinds in general:
• Comprehensive Warranty
• Extended Warranty
• Basic Warranty.

• Roadside assistance: This service is for all people who owns a vehicle. This service helps people to get help while they are in trouble on road.

• Auto Inspection: This is a kind of service product that helps you to get their vehicle check from time to time. It is of two types usually
• Schedule maintenance
• Point check-up

So what are you waiting for? Log on to Droom.in today and treat your car to a groming session! After all the way a man treats his car is how he treats himself!

For more information on Droom Services please visit: http://droom.in/car-care-and-detailing

How Droom’s TCO is enabling buyers make a smarter decision?

Buying an automobile, be it a four wheeler or a two wheeler, be it a luxury vehicle or a standard make, it does comes with considerable financial obligations. Now when someone is investing such an amount, it is important for him/her to make a more informed and smarter decision. Another problem that automobile buyers face is to choose from the lot! Today, India’s automobile market has a lot of the major players on board. With so many options, it becomes a bit tough to zero in on an option as another competitor may be providing a much better deal or features at that price tag.

At Droom, it is our aim to provide the buyer a hassle free and an informed buying experience. To make it a bit easier for our buyers to choose their right vehicle, we have come up with a cost anticipating engine called TCO or Total Cost of Ownership.

What is Total Cost of Ownership?

Total cost of ownership is a data science based tool which calculates the total money that anyone will have to spend owning a car for a period of five years. This tool also gives a user the ability to compare up to three cars based on total cost of ownership and make an informed buying decision. This tool gives the total cost of ownership for each car in comparison as a whole number and also the split up for the accumulating cost.

TCO Methodology:

Total cost of ownership tool takes the input from a user like the three cars to compare (Make, Model and Trim) and Monthly Running in Kilometers. This tool then calculates the following and displays the result.

Steps in Calculation:

1. Initial price of the car (Ex-Showroom)
2. Insurance Cost for a period of 5 years
3. Fuel Expense for a period of 5 years depending upon the monthly running and mileage of the car
4. Tire change expense of the car depending upon the tire size and monthly running
5. Regular maintenance/ Service Cost
6. Lost opportunity in the investment to be made for the car
7. Depreciation of the car over a period of 5 years

The tool makes the calculations and gives the result in two forms.

1. Total cost of ownership of three cars as a whole number
2. Individual cost split up for a period of five years in a graphical comparison form

So without wasting any more time trying to figure out which car to buy, log on to droom.in and with TCO enabled experience make a more informed and smarter choice today!

For more information on TCO please visit: http://droom.in/tco  

Droom’s Auto Inspection: What & How?

One of the biggest problem that buyers face while buying a second hand automobile is the genuineness of the information provided regarding the automobile. And till recently there was no service available in the market that could give you a credible report on the same as well. As a result this was either taken care of by a mechanic that the buyer gets to check the automobile or has to believe the information provided by the seller. But now this is a thing of the past. 

 

At Droom, our core objective is to give the buyer a hassle free and satisfactory buying experience, which is why we have come up with something known as Auto Inspection.

Auto inspection provides comprehensive and detailed evaluation report about the actual condition, history, and cost of the vehicle. It covers all the major systems of an automobile like wheels, battery, braking system, electrical systems, engine etc to give a complete and reliable report on the present condition of the vehicle.

HOW TO USE

• Customer buys Auto-inspection from Droom website
• The Seller contacts the customer within 24 hours and sets up the inspection
• The service provider comes for a doorstep inspection
• Inspection report is emailed to the customer

TURN AROUND TIME

• If the request is received before 2 PM, the service can also be provided same day
• If the request is received after 2 PM, the service can be availed starting the next day

So what is stopping you? Visit our website today and pick your dream vehicle from the widest of selections available, and once you get your pick, get Auto Inspection to inspect the vehicle.  

For more details on Auto Inspection kindly visit:   

Happy Drooming!

Start New Year with The Feeling New Vali With Droom

Happy New Year 2016! This season make a fresh start with your new car from droom.in. Celebrate New year with the feeling new vali and mithai ka badda when you buy your next used car from Droom, most trusted motorplace, and grab amazing savings. Shop wide collection of top branded used scooters, cars, bikes and more with savings.

Droom has fabulous discounted car deals from popular makes including Maruti Suzuki, Honda, Hyundai, and Toyota, along with special offers on used bikes and scooters. At Droom you get verified vehicles, verified sellers, and fair price. You can checkout different discovery tools to make a more informed decision.

We have got a plethora of automobile discovery tools that includes Orange Book Value, Pricing Tool, Total Cost of Ownership, EMI calculator, Affordability Calculator, Product Research and many others, to ensure an easy hassle free buying experience.

We are trying to streamline the online automobile industry with innovative tools, data sciences and complex algorithmic approach, giving user a truly 21^st Century buying and selling experience. Droom gives you freedom to test drive the vehicle, check the documents and then take up the final deal. You pay fully refundable 2% token amount online on Droom’s platform and meet the seller and verify your vehicle. Only after your satisfaction you pay rest 98% to seller.

When you shop at droom.in you get peace of mind and security for money. Head your way to Droom and check out latest discount offers to buy your next vehicle with savings, and nariyal phodna mat bhoolna.