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Top 10 Best Resale Value Cars In India

Top 10 Best Resale Value Cars In India

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.

Factors influencing resale value

Several factors influence the resale value of a car in India. Understanding these factors can help you make informed decisions while buying or selling a car. These factors include-

1. Brand reputation: Popular brands with strong market presence often have higher resale values due to their reliability and widespread service network. Besides, certain models within a brand that are high in demand may also fetch a high resale value.

2. Condition: A car in good physical and mechanical condition –interior condition, exterior, and engine performance will fetch a higher resale price.

3. Year of manufacture: Newer cars generally have better resale values than older models. Depreciation affects older cars more significantly.

4. Market demand: The current market demand for specific car types and models can influence resale value as high demand leads to better resale prices.

5. Features and upgrades: Cars with advanced features such as infotainment systems, fuel-efficient engines, or advanced driver assistance systems can have a higher resale value.

List of Top 10 Cars With Best Resale Value In India

Here are the top 10 cars with the best resale value in India

ModelFuel TypeBody TypeMileageEx-Showroom PriceUsed Car Price
Maruti Suzuki Swift DzirePetrol, CNGSedan22 km/l (petrol),
31 km/kg (CNG)		Rs. 9.45 lakhs onwardsRs. 7.58 lakhs onwards
Hyundai i20Petrol, DieselHatchback21 km/lRs. 7.07 lakhs- Rs. 11.62 lakhsRs. 4.78 lakhs
Maruti Suzuki SwiftCNG, PetrolHatchback31 km/kg (CNG), 23 km/l (petrol)Rs. 6.7 lakhs onwardsRs. 6.2 lakhs onwards
Maruti Suzuki AltoCNGHatchback31.59 km/kgRs. 2.94 lakhs- Rs. 5.13 lakhsRs. 1 lakh onwards
Volkswagen PoloPetrolHatchback18.24 km/lRs. 8 lakhs onwardsRs. 6.78 onwards
Toyota InnovaDieselSUV12.99 km/lRs. 10.21 lakhs- Rs. 16.73 lakhsRs. 5.99 lakhs onwards
Toyota FortunerDieselSUV8 km/lRs. 32.59 lakhs- Rs. 50.34 lakhsRs. 16.9 lakhs
Maruti WagonRPetrol, CNGHatchback34.05 km/kg (CNG), 25.29 km/l (Petrol)  
Honda CityPetrolSedan17.8 km/lRs. 11.81 lakhs- Rs. 15.97 lakhsRs. 10.54 lakhs
Hyundai CretaPetrol, DieselSUV17 km/l (Petrol), 32 km/l (Diesel)Rs. 10.87 lakhs- Rs. 19.20 lakhsRs. 7.6 lakhs to Rs. 16 lakhs

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!

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FAQs

Which has the best resale value, petrol or diesel cars?

Diesel cars generally have better resale value due to higher fuel efficiency and durability, but this can vary based on market trends and demand.

Do CNG vehicles retain their resale value well?

CNG vehicles typically have lower resale value than petrol and diesel cars due to limited refuelling infrastructure and perceptions about performance.

What is the annual depreciation rate of a car?

The annual depreciation rate of a car is typically 15-20% in the first year of ownership, followed by 10% each year.

Which car in India depreciates the most in resale value?

Luxury and premium cars in India generally depreciate the most regarding resale value due to higher maintenance costs and limited buyer demand.

How do electric cars hold their resale value in India?

Electric cars currently have lower resale value in India due to limited charging infrastructure and concerns about battery durability and range.

How is the resale value calculated?

The resale value of a car is calculated based on factors like the car’s features, year of manufacture, mileage, condition, brand reputation, and market demand.
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