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Price Predictor #166

@KhushiNyati

Description

@KhushiNyati

Is there an existing issue for this?

  • 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

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

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