5 Cars with the Best Resale Value in India

When buying a car, we look at several factors to shortlist and choose the perfect car for us. One of the key factors is the resale value a car commands in the used car market. While cars are depreciating assets, considering the resale value gives a fair idea of the future value of the car after certain years of ownership. Some cars, however, have a higher resale value than their competitors and a number of factors impact this value. Here are five cars with the best resale value in India.

Table of Contents

• Hyundai Creta
• Honda City
• Maruti Vitara Brezza
• Mahindra Scorpio
• Toyota Innova Crysta
• Summary
• FAQs about Resale Value Cars

Hyundai Creta

The Hyundai Creta is Hyundai’s best-selling car in India and remains on the best-sellers list every month. Hyundai has specced Creta with a host of upmarket features and offers it a wide range of powertrains that include a petrol engine, a diesel engine, and a turbo petrol engine. Being the most value-for-money car in its segment combined with Hyundai’s fuss-free after-sale services, add exceptionally to Hyundai Creta’s resale value. Since the mid-size SUV has a great demand in the new as well as the used car market, it holds its resale value well and you can get approximately 85 percent of its value even after 3 years of ownership.

Estimated Resale Value of Hyundai Creta

Honda City

The Honda City is the decades-old leader of its segment and serves as the yardstick for mid-size sedans in India. With its unrivalled i-VTEC engines, the Japanese sedan has earned remarkable respect for its durability and therefore it commands as much as 75 percent of its value even after 3 years of ownership. The Honda City is and has always remained a supremely comfortable sedan for five passengers and delivers a premium ride quality with its premium as well as durable interiors that also help it retain a great resale value.

Estimated Resale Value of Honda City

Maruti Vitara Brezza

The popularity of a car is directly proportional to its resale value, as is the case with the immensely popular Maruti Vitara Brezza. Bagging the pre-owned car of the year award 2022 from Autocar speaks volumes about the astonishing resale value of the Maruti Vitara Brezza. The Maruti Vitara Brezza can retain 90 percent of its initial cost even after three years of ownership, and since it’s been replaced with the next generation Maruti Brezza this year, it’s only available in the used car market. The immensely wide service network of Maruti and the cheap maintenance cost of Maruti cars also help the Vitara Brezza claim such a great resale value. Moreover, with a 4-star G-NCAP safety rating under its belt, the Maruti Vitara Brezza is the safest Maruti car in India.

Estimated Resale Value of Maruti Vitara Brezza

Mahindra Scorpio

The Mahindra Scorpio has garnered massive popularity over the years, especially in rural India, where a vehicle’s durability is of paramount importance. What keeps the Mahindra Scorpio in such high demand is the perennial durability of its robust chassis and the rugged calibre that makes it easily drive through challenging road conditions. Moreover, being easy to maintain and affordable maintenance cost further help Mahindra Scorpio claim a high resale value. The Indian SUV retains around 70 percent of its initial value, even after being driven for 3 years.

Estimated Resale Value of Mahindra Scorpio

Toyota Innova Crysta

The Toyota Innova is the undisputed king of the MUV segment in India and seeing a few lakh kilometres on the odometer of Toyota Innova is a common sight. The durable set of engines, reliable infrastructure, and unmatchable comfort of travelling always keep Toyota Innova in high demand in both the new and used car market, and this essentially translates into high resale value. The Toyota Innova can claim approximately 90 percent of its value even after 3 years of ownership.

Estimated Resale Value of Toyota Innova

Summary

Other than age, several factors go into deciding a car’s resale value, such as service history, brand image, spare parts cost and availability, insurance coverage, and others. However, the level of wear and tear is the most important of them all, and this is why it’s always advised to keep your car as maintained as possible, to retain high resale value. If you are in the market for a car that has a good resale value, this article will greatly assist you in making a sound decision.

FAQs about Resale Value Cars