What’s your prime concern when you step out in the market to buy a car? While most of the people look out for features, convenience, mileage and many more things, there are some people who are concerned about the future! Yes, you are not buying a particular car for eternity. You will have to upgrade someday or the other but you will be disappointed if that car doesn’t pay you back at the time of reselling. Resale Value should be one of the parameters that should be considered while buying a new car.
This is why I suggest buying a particular car only after it has survived the market for at least 4-6 months. The initial market performance can determine if the car can get you a good resale value or depreciate like a stock market crash! In today’s featured, we have a look at cars with the best resale value in India! These cars have proven their mettle in the market and have gained this status for themselves. Let’s begin!
-
Maruti Suzuki WagonR
Do you think the demand for this car will ever decline or die? We doubt that! Maruti Suzuki WagonR has been a success in all its generations and you would easily find a buyer and a WagonR in every budget you look out for! Different generations of the WagonR sell at different prices but none of the units remains unsold! Believe me, if you are investing in a WagonR, you will get a good resale value for sure because this is one of the most value for money car in the Indian market.
Read 10 Automatic Hatchbacks in India under 10 Lakhs | From WagonR to Santro
-
Maruti Suzuki Swift
The crowned king of the used car market. The demand for Maruti Suzuki Swift is rocket high in the used car market! No matter which fuel type your Swift supports, there are buyers ready to pay non-negotiated prices for a used Swift. This is one of the best among the cars with the best resale value in India. Just like WagonR, Swift is also in demand for buyers with different budgets. If you own a Swift from any generation, you can expect a fairly high resale value in comparison to its competitors.
-
Hyundai i20
This Korean hatch is gold for all those customers looking to experience comfort and convenience. Even a 2009 model Hyundai i20 can offer you many features at a low price in the used car market. This premium hatch from Hyundai has over 12 years of legacy now and continues to be in high demand in the used car segment. Therefore, it has made into our list of cars with the best resale value.
-
Maruti Suzuki Baleno
No! We are nor talking about the older sedan version. We are talking about the one you see in the picture above. All the current Baleno owners are so happy with their cars that hardly anyone of them has sold it off. There are many people trying to score a Baleno in the used car market whereas the availability of this car is scarce. Therefore, due to high demand, Baleno is also among the cars with the best resale value.
-
Honda Amaze
Amaze was launched in India in 2012. Honda really hit the bullseye by launching Amaze in India because now Indians could own a ‘Honda Sedan’ at a cheaper price! This is the same reason why Amaze continues to be in high demand in the used car market. Available in both petrol and diesel, Honda Amaze is also among the cars with the best resale value in India.
Read Why Hyundai Aura Is BETTER Than The Maruti Dzire & Honda Amaze
-
Maruti Suzuki Dzire
Just like its hatch sibling, Dzire is often the first choice of many people who wish to own a sedan. Maruti’s brand name is enough to sell a car in India. You don’t need to offer anything else. Considering cars with the best resale value, Maruti Suzuki has the most number of vehicles on the list because the demand for Maruti vehicles in India is all-time high! Be it the new car market or the used car market, buyers are more interested in buying a Maruti than any other car brand!
-
Honda City
Download the GoMechanic App Now!
Have you seen any other sedan in such high frequency on the roads from the past era? Well, Honda City is ruling the roads even in 2020 with models from all the generations in high demands. High demand automatically means that the car has got a good resale value! The City is another example of what successful cars mean in India. You would find high demand for every generation in the used car market even in the present times.
-
Corolla / Corolla Altis
With Toyota’s reliability and trust, this sedan in the picture above continues to sell in high numbers in the used car market. All of us know that Toyotas can clock lacs of kilometres and can still be young under the hood. This is why if you find a good Toyota Corolla in the used car market, it can be a steal deal for you! On the other hand, Corolla owners rejoice because it pays them back really well with its high resale value.
-
Maruti Suzuki Ertiga
Stepping into the MUVs, the one with the highest demand is again a Maruti Suzuki! Maruti Suzuki Ertiga with the availability of petrol, diesel and company-fitted CNG, continues to be in high demand especially in fleets. If you are an Ertiga owner and plan to sell it anytime, you will get a good resale value for sure.
-
Toyota Innova
The MPV King! Innova has been the unbeatable king of its segment and continues to have a rocket-high demand in the used car market as well. This is why Innova continues to have a higher resale value over all its competitors no matter what the generation would be. Innova has proven to be an extremely reliable car with all the modern-day features across its generations which makes it get into our list of cars with best resale value.
-
Mahindra XUV500 / Mahindra Scorpio
Two macho SUVs from India’s very own automaker! Mahindra XUV500 and Mahindra Scorpio are in high demands, especially in the Tier-2 cities. XUV500 is also in high demands in the Tier-1 cities as well but the fan following of Mahindra Scorpio in Tier-2 cities will make you go crazy! People are ready to instantly hand you over cash without any negotiations for a Scorpio! If you own a Scorpio and are planning to sell it, we would advise you to look for a buyer from the Tier-2 cities to get the best price.
-
Toyota Fortuner
The only reason why Fortuner still continues to sell without even having a sunroof is the trust and popularity it has built in the market over its generations. Those who fall short of budget, but still want to be called a Fortuner owner, look for one in the used car market! This is the last one on our list of cars with the best resale value because it is the most popular car that you can see on the roads belonging to its segment.
Tata tiago is having a very decent resale value. Models from last 5 yrs are being sold at a marginally lesser cost than the purchasing price and people are still willing to buy them . It is a time tested vehicle for sure.