TOP 7 CARS THAT HAS GOOD RESALE PRICE IN INDIA - 2020
Resale value is one of the most important and silent killers when it comes to buying a new car. You might get a nice big discount on a car which is not selling but when you sell it in a few years time the loss will overshadow that. Resale value is very important and it is determined by the popularity plus sales plus service experience along with sales performance of the car of course.
The diesel Brezza has been discontinued for a few months and that has made even more demand for the diesel Brezza in the used market. The Brezza was launched with the 1.3l diesel and that engine is reliable plus efficient which means the Brezza has been a popular choice in the used car space. Being a Maruti it is also easy on the pocket in terms of maintenance. Thus the Brezza is one of the best cars with resale value. Till the diesel Brezza comes back to the market the 1.3l version In the used market will continue to have high demand. Brezza is currently being sold with BS6 1.5 litre petrol engine which is also expected to hold its value well
The big Toyota Fortuner holds its value really well except in Delhi where due to diesel 10 year ban the diesel values go lower. Else the big Fortuner is a solid investment with the best resale value amongst big SUVs. The Fortuner diesel is reliable and coupled with Toyota service, it is no wonder that is very popular. It can be driven for a lot longer than other SUVs with better reliability.
The old Creta has been retaining its resale value in the market despite the new one coming in earlier this year. The Creta is a well established name and has been very successful thus the popularity of the car is also reflected in the prices in the used market. Both the Creta diesel and petrol along with the automatic fetch very good money in the used market with better prices for the facelifted previous gen Creta.
The Scorpio just like the Fortuner is a rugged SUV with a lot of popularity in the used car market. The Scorpio brand name is also strong plus for the price it is one of the few SUVs that can handle rough roads very well. The brand image, the popularity plus the availability of Mahindra showrooms around all corners of our country along with ease of maintenance makes the Scorpio a popular choice.
The EcoSport has also been one of the SUVs that has been around for a long time and thus has built a fan following in the used market too. It is the best car that Ford makes and the name is popular which means demand and prices are stable. For any one buying a compact SUV, the EcoSport remains a top choice. The diesel EcoSport and the petrol manual have the best resale as the automatic or the EcoBoost has low fuel economy.
The Hyundai Venue has also held its value well over the two years it has been on sale. You will not find a lot of Venue cars but the diesel plus the 1.0 turbo petrol have held on to their value pretty well. The Venue in the top-end versions has been more popular than the lower 1.2l petrol versions. Do note that Hyundai have replaced the Venue diesel post BS6 so despite that the BS4 cars have good value.
Now these two are new SUVs which have been only available for more than one year but since they are new brands we also decided to see. Due to the popularity of both the Seltos and Hector they are holding onto value even after a year into being sold plus the strong sales has also means it holds value plus MG sales and Kia sales have lived up-to the name. However it is the big cities that have the most cars and still Kia and MG need to be in more cities to grab more markets and presence. That said, Hector in particular holds a lot of its value.
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