11 Cars with Best Resale Value in India 2023 | Pros & Cons

 

The resale value of cars in India is influenced by various factors. Some of the key factors that can significantly impact the resale value of a car are:

 

  • Brand and Model: The brand and model of the car play a vital role in determining its resale value. Cars from reputable and well-established brands tend to have higher resale value compared to lesser-known brands.
  • Age of the Car: As a car ages, its value depreciates. Generally, newer cars retain more value compared to older ones.
  • Mileage: The total distance the car has been driven (mileage) is an essential factor in determining resale value. Lower mileage cars are typically preferred and have higher resale value.
  • Maintenance and Service History: Cars that have been well-maintained and have a complete service history tend to have better resale value. Regular servicing and proper upkeep contribute to a positive perception among potential buyers.
  • Condition of the Car: The overall condition of the car, both exterior and interior, significantly impacts its resale value. Cars in good condition are more likely to fetch a higher resale value.
  • Accident History: Cars that have been involved in accidents and required significant repairs may have lower resale value as buyers are cautious about potential issues.
  • Market Demand: The demand for a specific car model in the used car market can affect its resale value. Popular models with high demand tend to retain their value better.
  • Fuel Efficiency: Fuel-efficient cars are more desirable in the Indian market and may have a positive impact on their resale value.
  • Upgrades and Modifications: Modifications or aftermarket upgrades to the car may not always positively impact resale value, as some buyers prefer vehicles in their original factory condition.

resale value cars

  • Insurance Claims: Cars with a history of insurance claims may have a lower resale value as buyers may perceive them as more prone to future issues.
  • Government Policies: Changes in government policies related to automotive industry, taxes, and regulations can also have an indirect impact on the resale value of cars.
  • Economic Factors: Overall economic conditions, inflation, and fluctuations in fuel prices can influence the demand and pricing of used cars.

Remember that these factors can vary based on the specific region, local preferences, and market conditions. List of 11 best reselling cars in India is mentioned below:

 

Model Fuel Type Body Type Mileage

👍

👎

Toyota Fortuner Diesel SUV 8.0 km/l Powerful engine

Rugged build quality

Low fuel efficiency
Honda City Petrol Sedan 17.8 km/l Great fuel economy

Spacious and comfortable interiors

No ventilated seats
Hyundai Creta Petrol, Diesel Mid-size SUV 17 km/l (Petrol), 21 km/l (Diesel) Spacious cabin with excellent build quality

Good ride quality, handling, and braking performance

Diesel engine can be noisy
Maruti Suzuki Swift Dzire Petrol, CNG Sedan 22 km/l (petrol), 31 km/kg (CNG) Great fuel economy

Widest in its segment

No diesel or CNG-Automatic option
Toyota Innova Crysta Petrol, Diesel MPV 12.0km/l Reliable and durable

Comfortable and spacious

Low fuel efficiency
Hyundai i20 Petrol, Diesel Hatchback 21 km/l Improved interior

Impressive fuel-efficiency

Complete safety kit

The top models are expensive compared to other cars in hatchback segment
Maruti Brezza Petrol Mid-size SUV 18 km/l Good Ride Quality

Bold Styling

No Diesel Option
Mahindra Scorpio Diesel SUV 15 km/l Improved Suspension

Improved Performance

Feels Dated

No Automatic option

Maruti WagonR CNG, Petrol Hatchback 34.05 km/kg (CNG), 25.19 km/l (Petrol) Spacious cabin and flexible seating options

Affordable pricing and fuel-efficient engine

Basic safety features and average ride quality

Limited features compared to its rivals

Volkswagen Polo Petrol Hatchback 18.24 km/l Sporty design

Smooth and powerful engine

Limited boot space
Maruti Swift CNG, Petrol Hatchback 31 km/kg (CNG), 23 km/l (Petrol) Quick and responsive engine

Good ride and handling balance

Poor rear seat comfort

 

 

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