Tata Capital > Blog > Loan for Vehicle > 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.
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.
Here are the top 10 cars with the best resale value in India
Model | Fuel Type | Body Type | Mileage | Ex-Showroom Price | Used Car Price |
Maruti Suzuki Swift Dzire | Petrol, CNG | Sedan | 22 km/l (petrol), 31 km/kg (CNG) | Rs. 9.45 lakhs onwards | Rs. 7.58 lakhs onwards |
Hyundai i20 | Petrol, Diesel | Hatchback | 21 km/l | Rs. 7.07 lakhs- Rs. 11.62 lakhs | Rs. 4.78 lakhs |
Maruti Suzuki Swift | CNG, Petrol | Hatchback | 31 km/kg (CNG), 23 km/l (petrol) | Rs. 6.7 lakhs onwards | Rs. 6.2 lakhs onwards |
Maruti Suzuki Alto | CNG | Hatchback | 31.59 km/kg | Rs. 2.94 lakhs- Rs. 5.13 lakhs | Rs. 1 lakh onwards |
Volkswagen Polo | Petrol | Hatchback | 18.24 km/l | Rs. 8 lakhs onwards | Rs. 6.78 onwards |
Toyota Innova | Diesel | SUV | 12.99 km/l | Rs. 10.21 lakhs- Rs. 16.73 lakhs | Rs. 5.99 lakhs onwards |
Toyota Fortuner | Diesel | SUV | 8 km/l | Rs. 32.59 lakhs- Rs. 50.34 lakhs | Rs. 16.9 lakhs |
Maruti WagonR | Petrol, CNG | Hatchback | 34.05 km/kg (CNG), 25.29 km/l (Petrol) | ||
Honda City | Petrol | Sedan | 17.8 km/l | Rs. 11.81 lakhs- Rs. 15.97 lakhs | Rs. 10.54 lakhs |
Hyundai Creta | Petrol, Diesel | SUV | 17 km/l (Petrol), 32 km/l (Diesel) | Rs. 10.87 lakhs- Rs. 19.20 lakhs | Rs. 7.6 lakhs to Rs. 16 lakhs |
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!