Check out India’s 10 best resale value cars and know which cars would retain their value for a longer time.
With its evolution over the years, the Indian car market has seen its used car market evolving at a rapid pace. Thanks to more frequent replacements and arrival of newer models, the used car market has become much bigger in size than what it was previously.
There are some cars in India that are highly preferred by the consumers for their respective preferences and qualities, which is why they command much higher resale values as compared to their competitors. Following is a list of 10 cars that offer the best resale values in the used car market:
Maruti Suzuki Swift
The Maruti Suzuki Swift arrived in the Indian market as a more premium and youthful option for those consumers who wanted a bigger and more desirable option over the likes of entry-level cars like Wagon R and Santro. Since then, the Maruti Suzuki Swift has been a consistent performer when it comes to volumes, hence commanding a strong image in the resale market.
Currently, the Maruti Suzuki Swift is available only with a 1.2-liter petrol engine (90 PS/113 Nm), offered with both 5-speed manual and 5-speed AMT gearbox options. However, the previous iterations of the Swift also had a 1.3-liter diesel engine (75 PS/190 Nm), which is quite popular in the resale market.
Maruti Suzuki Dzire
Like the Swift, its sedan counterpart, the Maruti Suzuki Dzire managed to command high resale values, thanks to its good driving manners, practical cabin and economic after-sales experience. Apart from the first-generation model, the second and current third-generation models have been sub-four meter offerings.
The Maruti Suzuki Dzire is powered by the same 1.2-liter petrol engine (90 PS/113 Nm) as that in Swift, and here too, it is offered with both 5-speed manual and 5-speed AMT gearbox options. And like the Swift, the erstwhile iterations of the Dzire were available with a 1.3-liter diesel engine (75 PS/190 Nm) as well.
ALSO READ: Maruti Suzuki Dzire Alternatives In India
Maruti Suzuki Alto
There is a reason why India strongly loves the Maruti Suzuki Alto. Thanks to its entry-level pricing, easy driving manners, high fuel efficiency, and low maintenance costs, it has become a top favorite of first-time car buyers, especially in Tier 2 and Tier 3 cities as well as rural areas.
All the iterations of the Maruti Suzuki Alto have been made available with a 0.8-liter three-cylinder petrol engine till date, which in current guise makes 48 PS of power and 69 Nm of torque. A 5-speed manual gearbox has always been the choice of transmission for the Alto.
Maruti Suzuki Baleno
While the Honda Jazz and Hyundai i20 are credited to be the first movers in the premium hatchback segment, it is the Maruti Baleno that took this segment to new heights of popularity. The Maruti Suzuki Baleno, with its premium liquid flow design, supremely spacious cabin, ample amount of features, and Maruti’s trademark excellence in mileage and maintenance costs, has emerged as a top performer in the resale market as well.
Currently, the Maruti Suzuki Baleno is offered with only a 1.2-liter petrol engine (83 PS/113 Nm), which is offered with both 5-speed manual and CVT gearbox options. However, one can find the Baleno with a 1.3-liter diesel engine (75 PS/190 Nm) in as well in the resale market, which now has been discontinued.
Maruti Suzuki Ertiga
With the escalation of Toyota Innova as a more premium product in the price ladder, the Maruti Suzuki Ertiga emerged as a default option for those who look out for a compact and affordable seven-seater vehicle. Adding to it, Maruti Suzuki’s leadership in efficiency, both from the perspectives of mileage and maintenance, aided in the success of the Ertiga.
While the Maruti Suzuki Ertiga is now available only with a 1.5-liter petrol engine (105 PS/138 Nm, with both 5-speed manual and 4-speed automatic), the previously available 1.3-liter diesel (90 PS/220 Nm, with a 5-speed manual) is still highly vouched for in the resale market.
It was the Hyundai i20 with which Hyundai managed to give Maruti Suzuki some serious nightmares when it came to direct competition and eating up the sales pie. With its premium aura in and out and segment-best features, the Hyundai i20 has become a top inclusion in the priority list of both new and used car buyers.
The current generation of Hyundai i20 is being offered with a host of engine options – 1.2-liter petrol (83 PS/115 Nm, offered with 5-speed manual and CVT), 1.0-liter turbo petrol (120 PS/172 Nm, offered with 5-speed iMT and 7-speed DCT) and 1.5-liter diesel (100 PS/240 Nm, offered with only a 6-speed manual). However, the last generations of Hyundai i20 available in the used car market can also be had with a 1.4-liter diesel (90 PS/220 Nm) with a 6-speed manual.
The segment of premium compact SUVs would have never been this popular and competitive as it is today, had there been no arrival of Hyundai Creta. Both the previous generation and the current second-generation of Hyundai Creta are much loved for their smooth driving experience, plethora of features and premium image.
The current Hyundai Creta can be had in the following powertrain options – 1.5-liter petrol (115 PS/144 Nm, offered with 5-speed manual and CVT), 1.4-liter turbo petrol (140 PS/242 Nm, offered with a 7-speed DCT) and 1.5-liter diesel (115 PS/250 Nm, offered with 6-speed manual and 6-speed automatic). However, in the used car market, one can find the previous generation Hyundai Creta with a 1.6-liter petrol, 1.4-liter diesel and a 1.6-liter diesel as well.
ALSO READ: Hyundai Creta Maintenance Charges
The City was the first-ever product with which Honda commenced its innings in the Indian car market. From the first-ever model to the current fifth-generation one, the Honda City has always been liked for its premium image, smooth and refined petrol engines and comfortable drive for both front and rear occupants.
While the Honda City is available with a 1.5-liter diesel engine (100 PS/200 Nm, with a 6-speed manual), the choice of buyers, both in the new and used car market has always been the 1.5-liter petrol engine. This engine, in the current iteration, makes 120 PS of power and 145 Nm of torque.
Toyota Innova Crysta
Since its arrival as a replacement to the Qualis, the Toyota Innova has been a popular choice for MPV buyers, thanks to its comfortable and spacious interior cabin, reliable engine and Toyota’s proficiency in after-sales experience.
The current iteration of the MPV, the Toyota Innova Crysta, has become much more expensive, but at the same time, it has gained much in terms of premium appeal as well. The Toyota Innova Cysta can now be had with a 2.4-liter four-cylinder diesel engine with both 5-speed manual and 6-speed automatic. However, there are many first-generation Toyota Innova with 2.5-liter diesel engine which are still very much in high demand.
Like the Innova, the Toyot Fortuner, with both of its first and second-generation models, has managed to remain unbeaten in the premium midsize SUV segment. Despite its various shortcomings, the Toyota Fortuner has a strong resale value due to its authoritative road presence, low maintenance costs, bulletproof reliability and driving prowess when the going gets tough.
The Toyota Fortuner can now be had with a 2.8-liter diesel (204 PS/420 Nm) or a 2.7-liter petrol (166 PS/245 Nm). Even the first-generation Toyota Fortuner, with its 3.0-liter diesel (170 PS/343 Nm) also commands a high resale value.