A multitude of factors affect resale value of cars such as distance covered, fuel efficiency, vehicle’s age, and availability of options in second hand market. However, in India, there is one more factor that plays a key role – brand value. Cars in India are sold on scales of trust and reliability, a reason why maximum cars in top 10 high resale value cars belong to the two most powerful and trusted brands of India – Maruti Suzuki and Hyundai. The following list of top 10 cars with highest resale value has been compiled after giving careful consideration to a number of factors such as demand, age, covered distance, and brand value. As a standard measure, value of two parameters has been taken constant – age – around 5 years and distance travelled – 50, 000kms.
Maruti Suzuki Swift – Takes the crown for maintaining highest trade figures. Swift is in demand for its brand repo, mileage, spacious cabin, and powerful engines. It is available in both petrol and diesel engines. As a used car, its price tag falls in bracket of Rs.4.50-5.50 lakhs.
Maruti Suzuki Swift Dzire- It is admired for all the reasons Swift is admired for along with an additional one – extra boot space. It shares its engine line with its hatchback version with slightly better mileage figures that go up to 20kpl and 27kpl for petrol and diesel version respectively. Price bracket –Rs. 4.50-6.0 lakhs.
Hyundai i20 – One of the best products from Hyundai lineup, it is admired for its looks, hi-tech gadgets, and exclusive brand value. In used car evaluation parameters its price range falls somewhat near Rs.5 lakhs. It is to be noted that Elite i20 is not included in this category.
Honda City – The pride of Japanese car maker, it is in demand for its cabin space, engine performance, cabin space, and social repo. The price bracket for this used car in India falls between Rs.5.50-7.0 lakhs.
Hyundai Verna – A MID sedan aspired by almost every buyer, it traps with its premium looks, sophisticated style, powerful engine, affordable price range, and a long list of hi-tech features. It’s resale value strikes between Rs. 5.50-6.50 lakhs.
Maruti Wagon R – One of the most successful under Rs.5 lakhs hatchbacks in India, Maruti Wagon R proudly propels on a CNG and 1.0-litre K-Series petrol engine. Average mileage equals 14-16kpl. This car’s best resale value falls between Rs.2.0 – 2.5 lakhs.
Hyundai i10 – A true hatchback mainly admired for its Kappa power mill that churns 68bhp to deliver a fuel efficiency of 18kpl. Its resale price figures stand around Rs.2.50 lakhs.
Chevrolet Beat – One of the most fuel efficient hatchback cars in India, it is also admired for its peppy looks and comfortable features. Resale price figure – Rs. 2.50 lakhs.
Mahindra XUV500 – A magnificent piece of automobile designing, this one earns scores for belonging to a domestic car maker in metros and semi-urban areas. Used car price range falls between Rs.8.50 – 10.00 lakhs.
Toyota Etios – A hot pick from sedan segment, it is admired for its brand reputation, up-market looks, and engine performance. Resale price tag fall between Rs. 4-5 lakhs.