Drom.ru: Excellent price

2020: Start of Excellent Price service

On March 5, 2020 the automobile Drom.ru portal reported about start of Excellent Price service. He helps the buyer to understand without effort the prices of machines and to understand at first sight, there is cost of the car interesting him in the market or not.

"The excellent price" is able to define adequacy of the price depending on a situation in the market, the history of ownership, the region of sale, characteristics of a car, etc. by algorithms of machine learning. In total the service considers more than 50 parameters that the car allows to give the most objective value assessment.

For convenience of the buyer selects with Dr five categories of the prices: excellent price, good price, normal price, high and inflated price. When viewing declarations it is visible value assessment of the specific car at once.

According to the statistics Droma, 15% of cars in base from more than 600 thousand relevant declarations have the excellent or good price. The most part of cars — 55% are offered at normal cost. Only 10% of sellers overstated the price of the machines. The remained 20% "without assessment" are rare or customized copies.

The Excellent Price service will help to orient quicker in the market to beginners. To experienced car owners will add objectivity if the person recommends the declaration to the friend or the relative. Besides, it is convenient to sort machines by the updated parameter in the selected price range.

The price — a key factor for most of people upon purchase of the car. We conducted a research and found out that all want to know at once "in the market" the price or not. Following the interest of users, we developed the option "Excellent Price" on the basis of algorithms of machine learning and Big Data. For March, 2020 — it is a special product for the Russian market of the websites of declarations, tells the director of the automobile Drom portal Alexey Fishchenko