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Token amount is the booking amount or commitment amount paid by a buyer on Droom’s online platform to make commitment for a listing. It is a small part of the selling price and the remaining payment is paid directly to the seller. It may vary depending upon the type of category of the listing. It is covered under Droom’s Buyer Protection and fully (100%) refundable in case of non-closure of the transaction.
For Example, A Car having selling price of ₹3,00,000, the buyer has to Pay ₹7,500 (2.5% of Selling Price) as the Token Amount online on Droom’s platform, and the remaining Final Payment Value of ₹2,92,500 directly to the seller at the time of transaction closure
- Selling Price
₹3,00,000
- =
- Token Amount
₹7,500
- +
- Final Payment Value
₹2,92,500
Benefits of Paying Token Amount on Droom
- Get Buyer Surety Up To ₹50 Lacs
- Get OBV Buy Back
- Get One Year Free RSA
- Easily Available Loan,Insurance & RC Transfer
Get Buyer Surety Up to ₹50 Lacs
What is Buyer Surety
- Free Comprehensive Warranty on Used Vehicles
- Up to Rs. 50 Lacs Coverage
- Valid for 6 Months
Benefits of Buyer Surety
- Surety Against Costly Breakdowns and Unexpected Repairs
- No Extra Charge for Getting Buyer Surety
- Hassle Free and Quality Service
- Pan India Service
How it Works
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Choose a vehicle eligible for Droom Buyer Surety
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Pay token amount online to book the vehicle
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Meet the Seller, pay remaining amount, and get the vehicle
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Apply for Buyer Surety on 'My Account' & fill the details
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Receive your Buyer Surety Document on E-mail & 'My Account'
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Claim for Any Issues Within 6 Months By Calling On The Helpline Number Given on the Buyer Surety Doc
Get OBV Buy Back
What is OBV Buy Back?
- OBV buyback Guarantee is a program offered by Droom to assure the buyers that 3 years from now they will be able to sell the car to Droom’s dealers at buyback price.
- If Droom dealer is unable to buy, Droom will buy the vehicle
Benefits of OBV Buy Back
- Hassle free selling of the vehiclepurchased on Droom after 3 years
- Assured price in advance for reselling
- No extra charge for getting buyback guarantee
How it Works
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Choose a vehicle eligible for OBV Buy Back
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Pay token amount online to book the vehicle
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Meet the Seller, pay remaining amount, and get the vehicle
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Receive your Digital Certificate with Buy Back Price on E-mail & ‘My Account’, the certificate need to be reproduced at the time of claiming the buyback.
Get One Year Free Road Side Assistance
What is Road Side Assistance?
- Roadside assistance service assists drivers in a critical situation like a mechanical failure of the vehicle that leaves the operator stranded.
- There can be many such scenarios that can put you and your dear ones into a bitter situation. So, that’s where roadside assistance comes in. Roadside Assistance service assists people 24x7 in any kind of a chaotic situation.
Benefits of Road Side Assistance
- 24x7 Roadside Assistance,
- On Spot Puncture Repair (on Chargeable Basis),
- Jumpstart in case of Battery Dead,
- Key Retrieval in case of Key lost,
- Tele Assistance for Minor Repairs,
- Emergency Message Relay,
- City Route Map Guidance,
- All India Coverage,
- Fuel Delivery (Cost of Fuel is Chargeable),
- In Case of major breakdown or accident towing can be arranged on Chargeable Basis
How it Works
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Choose a vehicle
eligible for RSA
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Pay token amount online to book the vehicle
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Meet the Seller, pay remaining amount, and get the vehicle
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Receive your RSA Document on E-mail & 'My Account'
Easily available Loan, Insurance & RC Transfer Service
Auto Loan
Best interest rate for hassle free loan by Droom Credit
Insurance
Based on some personal and vehicle details, the best quotes from most suited insurer will be shared via email
RC Transfer Service
Easy and faster RC Transfer via RTO Service by Droom