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This project aims to simplify the process of pricing cars in Kenya for dealers and individual sellers.

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okothchristopher/used_car_prices_in_Kenya_chaptr_capstone

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used_car_prices_in_Kenya_chaptr_capstone

This project aims to simplify the process of pricing cars in Kenya for dealers and individual sellers.

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Step Description Tags
Project Formulation This includes stating the problem I am solving that is pricing of cars in a competitive manner to attract buyers and make business sense of the market. Also included is the steps to be taken during the project undertaking
Data Sourcing This involves scraping cheki.com website for car listings
Data Cleaning From the scraped data the infromation we need is not readily available so we need to extract that information and come up with useful variables
EDA Explored a number of features available in the car dataset and their relationship with price
Machine learning Here I have explored Tree based and Linear Regression models and compared their fit on the data :Random forest has outperfromed other models by a significant margin in fitting the data :: From the results , a car's model eg whether it is a toyota,honda or BMW plays a significant role in pricing, the year of manufacture too is a significant price determinant among others. The r squared score of the final tuned model is an impressive .89 which means a significant portion of the variability in the car prices is explained by the model
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This project aims to simplify the process of pricing cars in Kenya for dealers and individual sellers.

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