Nowadays, the demand for used cars is much higher than new cars. A few years ago, the ratio of new cars to used cars was 1:1.2 and now it is 1:2.2, according to CRISIL. This signifies, for every 10 new cars, 22 used cars are sold. This is mostly due to the price factor. When a new car is taken out of the showroom, its price starts depreciating with time and Kms driven. So, in spite of purchasing a new car from the showroom, if you buy a used car which is 1-2 years old, the price will be much lower as compared to a new car. But, how will you check the second hand car price?
You can take the support of some professionals or industry experts like OBV. Droom has come up with their Orange Book Value or OBV initiative, that uses data science and proprietary technology to check the price of second hand cars. If a buyer of used car deals with a seller directly, he/she may have to pay a higher amount and may not know the real condition of the car. There comes the role of car value calculator. With the help of this calculator, you can simply give some basic input about the car and within seconds you will get the real-time value of the car.
This calculator is also available in Singapore to find the fair car value. It is worth using the car value calculator in Singapore, as it will get you the unbiased and fair valuation of car within a limited period of time that is 10 seconds only. The stats show that buying used cars in Singapore is more frequent as compared to a new car. This is because the purchase price of a new car is much higher than a used car. For example, the price of a new Toyato Corolla Altis 1.6A costs $96,000 and a used Toyato Corolla Altis 1.6A will cost around $65,000 approx. So, whenever a buyer is planning for a car purchase, he/she needs to check second hand car price in Singapore as well as this may be beneficial and profitable for him/her.
You can take the support of some professionals or industry experts like OBV. Droom has come up with their Orange Book Value or OBV initiative, that uses data science and proprietary technology to check the price of second hand cars. If a buyer of used car deals with a seller directly, he/she may have to pay a higher amount and may not know the real condition of the car. There comes the role of car value calculator. With the help of this calculator, you can simply give some basic input about the car and within seconds you will get the real-time value of the car.
This calculator is also available in Singapore to find the fair car value. It is worth using the car value calculator in Singapore, as it will get you the unbiased and fair valuation of car within a limited period of time that is 10 seconds only. The stats show that buying used cars in Singapore is more frequent as compared to a new car. This is because the purchase price of a new car is much higher than a used car. For example, the price of a new Toyato Corolla Altis 1.6A costs $96,000 and a used Toyato Corolla Altis 1.6A will cost around $65,000 approx. So, whenever a buyer is planning for a car purchase, he/she needs to check second hand car price in Singapore as well as this may be beneficial and profitable for him/her.
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