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Best Resale Value Cars in India – Price, Mileage, Specifications
- Author :
- TATA AIG Team
- ●
- Last Updated On :
- 02/12/2024
The resale value of a car is nothing but its price in the used car market. Since the used car market in India is larger than the new car market, the resale value of a car is one of the important factors people consider while buying a new one.
A car’s resale value depends on various factors — its features, its age and its condition. The value of a car is also dependent on the market value of the new car of the same model. Thus, if you plan to sell your car, it is important to understand the value you will get.
This is not only while selling your car, but it is also a crucial point to consider when buying a new car. In this blog, we will learn all about the best resale value cars in India.
List of Best Resale Value Cars in India
Here is a quick table listing the vehicles with the best resale value, body type, mileage and fuel type.
Model | Body Type | Mileage | Fuel Type | Ex-Showroom Price | Used Car Price |
---|---|---|---|---|---|
Maruti Wagon R | Hatchback | 34.05 km/kg (CNG), | CNG or Petrol | ₹5.52 lakh onwards | ₹4 lakh onwards |
25.19 km/l (Petrol) | |||||
Hyundai i20 | Hatchback | 21 km/l | Petrol or Diesel | ₹7.07 lakh-₹11.62 lakh | ₹4.78 lakh |
Maruti Swift | Hatchback | 31 km/kg (CNG), | CNG or Petrol | ₹6.7 lakh onwards | ₹6.2 lakh onwards |
23 km/l (Petrol) | |||||
Volkswagen Polo | Hatchback | 18.24 km/l | Petrol | ₹8 lakh onwards | ₹6.78 lakh onwards |
Maruti Suzuki Swift Dzire | Sedan | 22 km/l (petrol), | CNG or Petrol | ₹9.45 lakh onwards | ₹7.58 lakh onwards |
31 km/kg (CNG) | |||||
Hyundai Creta | SUV | 17 km/l (Petrol), | Petrol or Diesel | ₹10.87 lakh-₹19.20 lakh | ₹7.6 lakh-₹16 lakh |
21 km/l (Diesel) | |||||
Honda City | Sedan | 17.8 km/l | Petrol | ₹11.81 lakh-₹15.97 lakh | ₹10.54 lakh |
Mahindra Scorpio | SUV | 15 km/l | Diesel | ₹12.64 lakh-₹16.14 lakh | ₹15.14 lakh |
Toyota Innova Crysta | SUV | 12.0km/l | Petrol or Diesel | ₹16.68 lakh-₹24.69 lakh | ₹20.47 lakh |
Factors Influence Car Resale Valuation
When it comes to calculating used car prices in India, several factors affect the price. By understanding these factors, you can select a car with good resale value. Let us discuss these factors in detail.
-Brand and Model
One of the deciding factors in a car with the most resale value is its brand and model. Brands that are popular in the Indian market or have a strong presence generally tend to have a good release value.
Certain brands whose models are well-known or in higher demand also have a good resale value.
-Market Demand
Another factor that affects car resale valuation is market demand. Vehicles with high demand and a separate customer fan base generally have high resale values.
-Car Condition
Another crucial factor that helps in deciding a car's resale value is its condition. A car in good condition with good mileage, no wear and tear and a proper maintenance history has a good resale value in the market.
-Features and Upgrades
The car’s features and upgrades also play an important role in deciding its resale value. A car equipped with advanced features like fuel-efficient engines, advanced driver assistance systems, etc., has a higher resale value than a basic model.
-Manufacture Year
Another crucial factor in calculating the price of a used car is its manufacture year. A car that has been recently purchased and marketed for resale generally has a higher value than older models.
Best Resale Value Cars: Features and Specifications
When you plan to purchase a new or second-hand car, it is best to know all about the car's specifications and price. Here, we are going to discuss in detail the best resale value car in India:
-Maruti Wagon R
One of the best resale value cars in India is the Maruti Wagon R. The car is priced reasonably, and the availability of service centres across India adds to its value.
In three years, the approximate depreciation of the car is 20%, which means that the owner will be able to reclaim most of the purchase price of the car.
-Key Specification of Maruti Wagon R
Key Specification | Details |
---|---|
Engine Capacity | 1197 CC |
Type of Fuel | Petrol |
Power of the Car | 81.80 BHP |
Maximum Torque | 113 NM |
Transmission | AMT/Manual |
-Hyundai i20
Another popular vehicle with the best resale value is the Hyundai i20, a hatchback car launched in November 2020.
The car is known for its sleek and modern exterior with a sporty lament. The exterior gives the car an energetic and youthful vibe that can easily blend with the new generation.
-Key Specification of Hyundai i20
Key Specification | Details |
---|---|
Engine Capacity | 1197 CC |
Type of Fuel | Petrol or Diesel |
Power of the Car | 98 BHP |
Maximum Torque | 240 NM |
Transmission | AMT/Manual |
-Maruti Swift
If you are wondering which car has the best resale value in India, this is the answer. Maruti Swift is one of the top-selling cars in India and promises a great resale value to the owner.
The car offers about 80% resale value after two years of ownership. The amazing after-sales services and ultimate reliability make it one of the top choices for people.
-Key Specification of Maruti Swift
Key Specification | Details |
---|---|
Engine Capacity | 1197 CC |
Type of Fuel | Petrol |
Power of the Car | 81.80 BHP |
Maximum Torque | 113 NM |
Transmission | AMT/Manual |
-Volkswagen Polo
Another best resale value car is the Volkswagen Polo due to its engaging driving experience. The brand offers reliable service support and the easy availability of its parts, which is another reason it has a high resale value.
The car is equipped with modern features like a digital instrument cluster, multi-function steering, infotainment system, etc. It also has various safety features like ISOFIX child seat anchors, ABS, etc.
-Key Specification of Volkswagen Polo
Key Specification | Details |
---|---|
Engine Capacity | 1197 CC |
Type of Fuel | Petrol |
Power of the Car | 108 BHP |
Maximum Torque | 175 NM |
Transmission | AMT/Manual |
-Maruti Suzuki Swift Dzire
Another car brand known for its resale value in India, is Maruti Suzuki Swift Dzire. It is one of the top brands with the best resale values in India.
The Maruti Suzuki Swift Dzire comes with plenty of great features, including spacious interiors and high fuel efficiency. After one year of ownership, the car's resale value is 85% of its original value.
-Key Specification of Maruti Suzuki Swift Dzire
Key Specification | Details |
---|---|
Engine Capacity | 1197 CC |
Type of Fuel | Petrol |
Power of the Car | 818.5 BHP |
Maximum Torque | 113 NM |
Transmission | AMT/Manual |
-Hyundai Creta
If you have a question - which car has the best resale value in India? The answer is here. The Hyundai Creta has been a favourite among car owners in India. The car has a stylish look, comfortable feel and smooth riding experience.
To top it all off, the terrific sales and after-sales services of the company make it one of the top options. After three years of owning the car, the car can be sold for 85% of its original value.
-Key Specification of Hyundai i20
Key Specification | Details |
---|---|
Engine Capacity | 1493 CC |
Type of Fuel | Diesel or Petrol |
Power of the Car | 138 BHP |
Maximum Torque | 250 NM |
Transmission | AMT/Manual |
-Honda City
The Honda City is one of the best offerings of the Honda brand. When it comes to the best resale value car brands in India, Honda is one of the top choices.
Its spacious interiors, attractive design and powerful engine make it one of the most suitable choices for sedan enthusiasts. The resale value of the car is about 75% after three years of owning it.
-Key Specification of Honda City
Key Specification | Details |
---|---|
Engine Capacity | 1,498 CC |
Type of Fuel | Diesel or Petrol |
Power of the Car | 119 BHP |
Maximum Torque | 200 NM |
Transmission | AMT/Manual |
-Mahindra Scorpio
Mahindra Scorpio is the best SUV segment car when it comes to cars with the most resale value. The car is known for its classic exterior, which holds a reputation among its loyal customer base.
The car is equipped with a 6-speed manual gearbox and is available in a 2WD format. It is indeed the best option for those who are looking for a Mahindra car.
-Key Specification of Mahindra Scorpio
Key Specification | Details |
---|---|
Engine Capacity | 2198 CC |
Type of Fuel | Diesel |
Power of the Car | 130 BHP |
Maximum Torque | 300 NM |
Transmission | Manual |
-Toyota Innova Crysta
If you are wondering which cars have the best resale value, here is the answer. This is one of the top cars with the best resale value in India.
It has a spacious cabin, a reliable engine, and needs low maintenance. After three years of owning the car, you can sell it for 90% of the original price.
-Key Specification of Toyota Innova Crysta
Key Specification | Details |
---|---|
Engine Capacity | 2393 CC |
Type of Fuel | Diesel or Petrol |
Power of the Car | 163 BHP |
Maximum Torque | 360 NM |
Transmission | AMT/Manual |
Importance of Investing in Car Insurance Policy
Knowing all about best resale value cars is important if you are looking for a used car. However, no matter what car you own, you need to have insurance for a four-wheeler. Note that a third-party car insurance policy is mandatory by law.
While a third-party coverage is limited to third-party damages, various other four-wheeler insurance policies are also available, such as own-damage or comprehensive car insurance policies.
While purchasing a plan, it is crucial to compare car insurance online based on coverage and premium.
TATA AIG offers four-wheeler insurance plans tailored to your unique vehicle requirements. We have different plans, such as third-party, owner-damage and comprehensive car insurance policies. With us, you can choose the car insurance online that fits your requirements.
Furthermore, our car insurance policy offers add-on features like roadside assistance, tyre security, engine security, etc.
Conclusion
These are some of the cars with the highest resale values in India. The value of the cars is subjective and might change depending on the current circumstances. It is necessary to understand the market and then check the resale value of the car.
Some of the cases that affect the value of a car are events like a pandemic, changes in the ownership of the car multiple times, etc. Thus, ensure that you do proper research before you buy or sell your car.
Frequently Asked Questions
-Which car company has the highest resale value?
When it comes to company cars with the highest resale value, models like the Toyota Innova Crysta, Mahindra Scorpio, Honda City, etc., are particularly popular due to their durability and strong demand in the used car market.
-Which Indian car is value for money?
In India, the Maruti Suzuki Swift is widely considered a value-for-money car. It offers a great balance of performance, fuel efficiency and affordability. It is ideal for budget-conscious buyers looking for low maintenance costs and reliable resale value.
-Are there car resale value calculators available?
Yes, there are several car resale value calculators available online. These tools help estimate the resale or trade-in value of your vehicle based on factors such as make, model, year, mileage and condition.
-Which car is best for mileage and safety in India?
For the best combination of mileage and safety in India, the Tata Altroz stands out. It offers a 5-star safety rating from Global NCAP and impressive fuel efficiency of around 18-20 km/l.
Disclaimer / TnC
Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.