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Price Predictor

Open KhushiNyati opened this issue 9 months ago • 3 comments

Is there an existing issue for this?

  • [x] I have searched the existing issues

Feature Description

Car Price Prediction Car Specifications

Make: Manufacturer of the car (e.g., Toyota, Ford). Model: Specific model of the car (e.g., Camry, Mustang). Year: Year the car was manufactured. Mileage: Total miles the car has been driven. Engine Size: Volume of the car’s engine (e.g., 2.0L). Transmission: Type of transmission (e.g., manual, automatic). Fuel Type: Type of fuel the car uses (e.g., gasoline, diesel, electric).

Use Case

Dealership Pricing: Help car dealerships set competitive prices for new and used cars. Consumer Pricing: Provide buyers with estimated fair market values to negotiate better deals. Insurance Premiums: Assist insurance companies in determining premiums based on car values. Loan and Lease Valuation: Help financial institutions set appropriate loan and lease terms.

Benefits

Using a car price predictor offers several benefits:

Accurate Pricing: Ensures fair and competitive pricing. Market Insights: Reveals trends and price fluctuations. Inventory Management: Optimizes pricing for better turnover. Insurance Premiums: Helps set fair insurance rates

Priority

High

Record

  • [X] I agree to follow this project's Code of Conduct
  • [X] I'm a GSSOC contributor
  • [X] I want to work on this issue
  • [ ] I'm willing to provide further clarification or assistance if needed.

KhushiNyati avatar May 23 '24 10:05 KhushiNyati