Droom - Car buying simplified

Droom is your ultimate destination if you are in the market for buying or selling new or used vehicles. It stands out as a premier app offering a wide range of automobiles including new cars, bikes, scooters, used vehicles, electric rides, popular models, upcoming releases, and much more. Droom serves as an online hub for all things with wheels, spanning from bicycles, scooters, and bikes to cars, trucks, tractors, and even planes.

Powered by AI and data science, Droom functions as an innovative online platform facilitating transactions for both new and pre-owned automobiles in India and other emerging markets. Droom presents four marketplace formats – B2C, C2C, C2B, and B2B, coupled with three pricing formats - Fixed Price, Best Offer, and Auction.

How it Works

1. Create vehicle requirements and get perfect matches, or search from the largest collection of automobiles and find your dream vehicle

2. Raise Requests on your favorite vehicles and get end-to-end buying assistance from a dedicated Relationship Manager

3. Buy with confidence with only 3% as fully refundable token amount

4. Make 97% remaining payment on vehicle delivery at your doorstep

Unique points about Droom

Droom is on the cutting edge driving digital innovation for the 21st century for the automobile industry

Droom is the market leader in automobile E-Commerce

Founded by Sandeep Aggarwal, the only tech entrepreneur in India to create two Unicorns back-to-back

Droom has award-winning and patented products and technologies such as Orange Book Value, ECO and History

Droom is present in 1,176 cities with 25k automobile dealers

Droom has a 2.5 Lacs supply of vehicles worth 30k crores

Droom is among the most respected Internet and tech brands in India

Droom is a technology and data science company in the automobile and with a platform platform approach and ecosystem of services and does not compete with anyone

Droom is among the best companies to work at and has won multiple awards from leading media houses and trade bodies

Droom is backed by marquee global investors including Lightbox, Beenext and Toyota

Droom is an IPO-bound company

Droom is a Singapore headquartered company and many of its products are available in dozens of other countries

Reasons to Choose Droom

- Wide Selection

- Low Price

- 1100 Point Inspection

- Easy Loan & Insurance

- Home Delivery

- Warranty & Return

Things Often Get Asked

1. What is Droom?

Droom is India’s first and only online marketplace for buying and selling new and used automobiles. Our platform offers a wide range of vehicles including cars, bikes, scooters, and more, along with services like vehicle inspections, certifications, and financing options

2. How is the price of a vehicle determined on Droom?

Droom uses its proprietary Orange Book Value (OBV) to provide fair market value pricing for vehicles. OBV takes into account various factors such as the vehicle’s make, model, age, condition, and market demand to offer an accurate price.

3. What is OBV (Orange Book Value)?

OBV (Orange Book Value) is India’s first and most comprehensive pricing engine for used vehicles. It provides unbiased, market-driven pricing for a wide range of vehicles, helping buyers and sellers make informed decisions.

4. What are Droom’s vehicle inspection and certification services?

Droom offers thorough vehicle inspection and certification services to ensure the quality and reliability of the vehicles listed on its platform. Our certified professionals inspect various aspects of the vehicle, including its mechanical and electrical components, and provide a detailed report and certification.

5. How can I finance my vehicle purchase on Droom?

Droom has partnered with leading financial institutions to offer easy and hassle-free financing options for your vehicle purchase. You can apply for a loan directly through the Droom platform and get competitive interest rates and flexible repayment options.

6. How do I know the vehicles listed on Droom are reliable?

Droom ensures the reliability of vehicles through its rigorous inspection and certification process. Each vehicle goes through a comprehensive check by certified professionals, and a detailed report is provided to buyers, ensuring transparency and trust.

7. What payment methods are accepted on Droom?

Droom accepts a variety of payment methods, including credit/debit cards, net banking, UPI, and financing options through partnered financial institutions. Secure payment gateways ensure that your transactions are safe and protected.

Things you should keep in mind while involved in interstate transactions

1 If your vehicle is financed by a bank and you have taken a loan then you need to get a state transfer NOC from the respective bank.*

2 Apply for NOC from the RTO where your vehicle is registered with Form 27 and Form 28, Xerox copy of the NOC you obtained from the bank and other documents related to vehicles such as:

    Application requesting for NOC for interstate transfer

    Certificate of registration, insurance, tax

    Pollution Under Control certificate (emission test certificate),

    Original Chassis Imprint of the vehicle, 3-4 Copies of CMV Form 28

    (or else the RTO will give you a clearance form that you can get signed from the police department)

    NOC from the police to speed up the process

3 After your car is relocated, you have to approach the RTO for re-registration of the vehicle with following main documents:

    Form 29-30 for re-registration of the number

    Original RC copy

    Copy of Insurance of the car

    Copy of the NOC you obtained in previous steps

    Pollution under control /emission test certificateOriginal Chassis Imprint of the vehicle

    Photo ID and local address proof of the owner of the vehicle

    Applicable fees like Road tax

    Octroi charges (Octroi charges should be calculated based on the depreciated value of the vehicle).

    After submitting these documents, you should get the vehicle re-registered.

4 There might be significant costs involved pertaining to the entire process of interstate transfer and re-registration of your vehicle, accurate estimates of which can be obtained only from relevant authorities.

Dealer Tips & Advice

Price your item competitively

Upload at least six high-quality photos for four-wheelers and four photos for two-wheelers to help buyers consider your listings

    For four-wheelers, images should be taken from the front and back side; also take images of the interior area and one with an open bonnet (engine view).

    For two-wheelers, please share images of the front and back sides. You can also upload a one-minute video of your vehicle to give the buyer a better view of your listing

Try to provide exhaustive information while creating a listing, even if the information filter is optional

Become a verified dealer to enhance the trust of potential buyers

Increase your chances of selling by offering both pricing formats; i.e., fixed price and best offer

Try and fill in as many trust factors as possible to build higher trust for potential buyers

Offer listing certification package which includes premium reports for orange book value, Eco inspection and Droom History

Opt for a longer duration of listing to increase your chances of selling. Close the transaction as soon as possible after the commitment fee

(token amount) has been paid

Please go through the dealer checklist for closing transactions before you meet the buyer

Please pay full attention to the dealer's declaration to win the credibility of potential buyers

Please opt for the diagnostic report to increase your likelihood of selling

Please share socially to promote your listings on Droom

What Droom App Offers:

The Droom App assists buyers in easily locating their desired vehicles within the platform while enabling sellers to promptly sell their vehicles. Furthermore, Droom provides ecosystem services that support buyers and sellers through various means:

1.Orange Book Value (OBV) aids in determining the fair market price of a used vehicle.

2.ECO feature allows users to check the real-time condition of a pre-owned vehicle.

3.History feature offers a detailed history report of a used vehicle using the vehicle registration number.

4.Droom Discovery allows for comparisons, reviews, and updates on new launches.

5.Droom Velocity streamlines processes such as securing loans, insurance assistance, and doorstep delivery services.

Advantages of Using Droom App:

Comparison of Vehicles: The app facilitates comparing specifications, prices, variants, and other data to help users make well-informed decisions in selecting the right vehicle.

Purchase of New and Used Vehicles: With over 1 million active listings, Droom offers the ability to buy both new and pre-owned vehicles across various Indian cities.

Fulfillment of Dream Vehicle: Droom simplifies the buying and selling process through the RMB (Requirement, Match, and Buy) system, enabling users to communicate their needs clearly and find exact matches.

Instant Vehicle Sale: Sellers can quickly list their vehicles, showcase them to millions of potential buyers, and make sales efficiently through the Droom app.

Pro-Seller Status: Users can become Pro-sellers on Droom, allowing them to list and sell multiple vehicles without any charges.

Vehicle Valuation: Before purchasing or selling a used vehicle, users can assess its fair market value by providing relevant details.

Vehicle Condition Check: The app provides real-time insights into the condition of any vehicle, be it a car or a bike.

Vehicle History Review: Users can access the history report of second-hand vehicles by inputting the registration number.

Doorstep Delivery: Droom enables users to search, purchase, and have vehicles delivered directly to their doorstep.

Latest News, Reviews, and Offers: Stay updated with expert reviews, current news, and a variety of offers available on Droom.

Distinguishing Factors of Droom App:

Delivering a comprehensive customer experience focused on 360-degree satisfaction, Droom revolves around seven key factors:

1.Trustworthiness

2.Reliability

3.Authenticity

4.Safety

5.Security

6.Credibility

7.Assurance