Even though buyers consider cars as depreciating assets, you can reduce your loss by opting for a vehicle with a high resale value. How can you do this? By investing time and effort in thoroughly researching brands and makes of cars that fetch a relatively higher price when the time comes to sell them.
No, we are not saying that you must solely base your purchase on a vehicle’s resale value. Of course, there are multiple factors like price, mileage, comfort, drivability, etc., you must consider. However, you’ll invariably find that in each segment, be it SUV, hatchback, or sedan; there are specific cars that are not only a sought-after choice by many but also fetch a handsome resale value.
Top 10 Best Resale Value Cars in India
Before we learn about the bestresale value carsin India, you must know that most of these vehicles come from brands like Maruti Suzuki, Hyundai, Mahindra, and Toyota.
Now that the brands are clear let's discuss which models within these brands, and otherwise make for the best resale value carsin India.
1. Maruti Suzuki Swift Dzire
The fact that Maruti is topping the list of best resale value cars in the country shouldn’t come as a surprise. Market experts consider this vehicle as the most depreciation-averse sedan within its segment.
Not only is the Dzire easy on the eyes and pocket, but it also holds its value well if and when the time comes to sell it off! In many cases, the resale of Swift Dzire has, in fact, helped several owners recover as much as 68% of its value, even after 4 years of usage.
Additionally, you can recover up to 86% of this car’s value after one year of usage. Clearly, the slow depreciation of this vehicle defines its popularity well. With a roomy cabin, frugal yet powerful engine and substantial boot space, Maruti Suzuki Dzire rightly takes the first spot on our list of India’s top resale value cars.
2. Hyundai i20
Let’s move on to our next resale winner – the stunning Hyundai i20. Loaded with luxe features and stylish interiors and exteriors, this premium hatchback has more takers than you may think, even when pre-owned.
Second-hand buyers of this vehicle are happy with how it handles on the road even after four years of driving. Anyway, it’s a known fact that most cars from brands like Maruti Suzuki and Hyundai fetch an excellent resale price. But, if you are lucky, an i20 can fetch you up to 67% of its initial price if you sell it after four years. With only 1% below the Dzire, the Hyundai i20 comes second on our list of best resale value cars.
3. Maruti Suzuki Swift
The iconic hatchback whose chassis has been extended to develop Dzire, the Maruti Suzuki Swift is third on our list of best resale value cars. Why? Because you can get a whopping 74% of the car's initial cost back after just two years of ownership.
What's more, even though the resale price of this model deteriorates rapidly in the first two years, it doesn't go down much in years three and four. In fact, several buyers can expect to recover up to 67% of the initial cost after four years of usage.
So, why not purchase this sleek, powerful and comfortable hatchback if you are looking for an excellent vehicle that is also one of the best resale value cars in the country?
4. Maruti Suzuki Alto
The Alto has always fetched its owners a tempting resale price, which is why it is 4th on the list of best resale value cars in India. A pocket rocket, this car ages beautifully; therefore, it is popular with second-hand buyers.
As an Alto owner, you can expect to recover up to 77% of its initial value after one year of usage. And, after four years, you can expect up to 60%, which is considerable given that second-hand Alto buyers tend to be tight-budgeted.
5. Volkswagen Polo
A rather new and unexpected addition to this list, the Volkswagen Polo also gets you a substantial resale price. Owners can expect to recover up to 70% of their initial cost should they decide to sell this vehicle after one year of usage. After four years, this percentage drops to 54%, which is still higher than half the price you paid for this car.
So, if you want to waiver from the usual automotive brands like Maruti, Hyundai, Tata, Mahindra and Toyota, opt for Volkswagen Polo. It's stylish and powerful and is indeed one of the best resale value cars in India.
6. Toyota Innova
Moving from petrol to diesel – the Toyota Innova is an iconic multi-utility vehicle that truly resists losing its value. No wonder buyers can recover a staggering 90% of its cost after one year of usage. Even after four years, you can get up to 77% of your initial investment.
Therefore, it's a raging choice for vehicle owners who want a comfortable, powerful, plush and spacious MUV. With its bulletproof resale reliability and exceptional after-sales support, it lands a top spot in the list of best resale value cars in India.
7. Toyota Fortuner
When talking about cars with the highest resale value, one has to mention Toyota Fortuner. Know that there are very few luxury SUVs that fetch as high a resale value as this vehicle. By the fourth year of usage, a buyer can easily recover up to 54% of its cost.
With a powerful engine, bold design, and 4x4 orientation, the Toyota Fortuner is a complete package for second-hand buyers looking for luxury without burning a hole in their pocket.
8. Maruti Wagon R
If you own a Wagon R and are looking to sell it after three years, congratulations, you can expect to recover up to 70% to 80% of your initial cost. This is the power of a Wagon R – a truly multi-utility wagon with stellar mileage, increased comfort, and oodles of space.
In addition to being reasonably priced, Maruti’s country-wide customer service network adds to the entire value of this vehicle. It's a through-and-through utilitarian investment which does not pinch your pocket when you sell it.
9. Honda City
The iconic City, with its buttery smooth 1.5-litre engine and 506-litre boot space, fetches a great price for owners willing to sell it. With the right broker or dealer contacts, you can get up to 75% of its original price after using it for three whole years.
Even though the city is not the highest on mileage, its stately looks, comfortable interiors, and overall luxe feel make it one of the cars with the highest resale value.
10. Hyundai Creta
The last but in no way the least on the list of top resale value cars in India is the stylish Hyundai Creta. Although it's rare, but quite a few owners have recovered up to 85% of its original value after three years of usage.
The fact that the Creta is feature-loaded, powerful, stylish and comes with excellent after-sales support makes it a coveted option for second-hand vehicle buyers.
Looking for Finance for Your Car?
Whether you wish to buy a new car or a second-hand vehicle, you require a credible lending institution to finance your purchase. Partner with Tata Capital to avail of some of the most affordable car loan interest rates with flexible tenures and speedy processing.
Choose any of the top resale value cars in India and allow us to assist you with financing it today!
10 April 2024
7 mins read
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