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Contents
Introduction
EBay is one of the world's biggest online marketplace. Specifically, it facilitates the resale of goods between a buyer and seller.
According to Forbes, there has been a huge increase in demand for used cars, as a result, the used car market has seen a stellar growth of up to 68% since 2009. This has led to huge changes in car buying behavior, marketplaces like E-Bay are one of the key platforms leveraging on the growth rate of the used car industry. As a result, we tried to understand this market and its dynamics with the help of ebay - Kleinanzeigen ‘Used Car Database’
Problem and Motivation
With the change in consumer car buying behaviour and a rising market for used cars, our aim is to understand this growing used car market. When consumers look at used cars, price is the most important factor that influences opinions, but there are also few other facts that affect their purchasing decision. So we will try to find out which variables affect the price most and how they are correlated.
Objective
In this project, we are interested to create a visualisation application that helps users perform the following:
1. Visualise resale car prices against other factors such as:
- Type of cars
- Car Brands
- Car age
- Kilometers traveled
- Time period
- Location/ state
2. Identify relationships and correlations across different factors affecting resale prices
3. Uncover the top 10 most common brands for car resale
- Difference in prices & quantity sold across different brands
Data
Data used is obtained from Kaggle website and it is about used cars in Ebay Kleinanzeigen. This dataset contains 371539 records and consists of following columns.
Attribute | Description |
---|---|
dateCrawled | when this ad was first crawled, all field-values are taken from this date |
name | "name" of the car |
seller | private or dealer |
fuelType | fuel type of the car |
price | the price on the ad to sell the car |
vehicleType | vehicle type |
yearOfRegistration | at which year the car was first registered |
gearbox | gearbox |
brand | brand of the car |
notRepairedDamage | if the car has a damage which is not repaired yet |
dateCreated | the date for which the ad at ebay was created |
nrOfPictures | number of pictures in the ad |
lastSeenOnline | when the crawler saw this ad last online |
powerPS | power of the car in PS |
km | how many kilometers the car has driven |
model | car model |
monthOfRegistration | at which month the car was first registered |
postalCode | postal code |
offerType | / |
abtest | / |
Research Visualisation
Visualizations | Explaination |
---|---|
Bubble Chart
| |
Scatter Plot
| |
Line Graph
|
Tools
-Excel
-D3
-Javascript
-Github
-Tableau
Technical Challenges
Technical Challenges | Action Plan |
---|---|
| |
| |
|
Roles & Milestones
- Project Roles
Dong Ruiyan: Visualisation Analyst
Zhang Qian: Visualisation Designer
Jeremy LEE Ting Kok: Project Manager
- Project Timeline
References
- Bloomberg - Scientific Proof that Americans are Completely Addicted to Trucks: https://www.bloomberg.com/graphics/2015-auto-sales/
- Predict second hand car price using artificial neural network: http://csidsocialmedia.github.io/2014/05/02/Predict-second-hand-car-price-using-artificial-neural-network.html
- The Perfect Storm Hits Used-Car Values: The Foundation Of The Auto Industry Is Faltering: http://www.zerohedge.com/news/2017-05-21/perfect-storm-hits-used-car-values-foundation-auto-industry-faltering
- Kaggle - Used car database: https://www.kaggle.com/orgesleka/used-cars-database
- Kaggle - Data Crunchers: https://www.kaggle.com/timucinanuslu/data-crunchers
- D3.js: https://d3js.org/
- Chart.js: http://www.chartjs.org/