Welcome to Mycarhelpline Community Blog

Cars with Best Resale Value in India. Highest Resale in Used Car Market

Cars with Best Resale Value in India. Highest Resale in Used Car Market

Cars with Best Resale Value in Used Car Market in India. Most Popular Used Cars in 2021 from Maruti Suzuki, Hyundai, Honda, Ford, Toyota, Tata Motors

 

Used Car Market in India - 2021

Used Car Market silently turned a lot bigger than New Car Market in India. 

Estimated that - over 50 Lakh Cars Exchange hands in both Organised and Unorganised Segment in Used Car Market every year in India

The Reason for High Growth of Used Cars is the fact that - 4 to 5 Year Old Cars are what selling at 50% to 60% of New Car Price, which what makes Affordability and Aspiration Factor in Line.

Go ahead further one can have 6 to 7 Year Old Honda City at just Rs 4 Lakh, a 5 Year Old I20 at Rs 3.5 Lakh - a price in which in New Car Market one can barely have Alto 800 or Datsun Redi Go

This all creating high demand for Used Cars

 

Which Company Cars are in Best Demand in Second Hand Car Market

From what has been interacted with several Dealers / Agents for Years - maximum demand is for

» Maruti Suzuki - Maruti Suzuki still remains Number 1 Choice in Second Hand Car Market and remains preferred in both Tier-1 and Tier 2 Cities for Unmatched reliability, easy resale, mileage, Maintenance, Spares

» Hyundai Cars - Hyundai Cars too are gaining momentum as HMIL cars are known for Premium Interiors, Features and its service network is also large enough to inspire confidence in buyer segment. Hyundai i10, i20, Venue and Creta are hot favorites among buyers

» Honda Cars - Honda Cars India known for Unmatched Engine Performance, Refinement and Legacy of City makes it reliable. Amaze and City are hot favorites in Used Car Market.

» Toyota - For some one who knows about Toyota - only wants a Toyota as Bullet Proof Reliability, Niggle Free Ownership and Life Long Engine Output. Care for a Lakh Km driven Innova, Fortuner or Corolla Altis - the buyers are just readily available and only seek to check Service History if serviced on time - one can expect Top Notch Resale from Old Toyota Car.

» Kia - Although Kia is what latest entrant but the way Kia Seltos and recent launched Sonet in Passenger Car Market - there are buyers who put there names in waiting list and ready to buy Seltos / Sonet in Used Car Market.

Its the Japanese Maker - Maruti / Honda / Toyota apart from Korean Maker - Hyundai Cars which rules the Second Hand Indian Car Market and in most likely Scenario - owner of these cars can expect a better price for there used car with Instant Buyers.

 

Cars with Best Resale Value in India (Top 20 Cars with Highest Demand in Used Car Market of 2021)

Below is List of Top 20 Most Popular Cars in Second Hand Car Market with highest demand in second hand segment

 

Hatchback Cars with Best Resale Value in India - Updated in 2021

Maruti Suzuki Wagon R photoMaruti Suzuki Swift photo

Hatchback Segment is what in maximum demand. Below are best selling Cars in Used Car Market (yes Alto do not feature in Tier 1 Cities in terms of demand)

  • Maruti Wagon R : Epic Model of Indian Market with over 20 Years of Legacy, Niggle Free Ownership, a Brand for Middle Class Buyers continues to get best Resale in Second Hand Entry Segment Market. Choose Wagon R 2010 and onwards.
  • Maruti Swift: Probably the King of Used Car Market, Iconic Swift was launched in 2004 and is now in 15th Year with a name for Sporty Character. Choose Swift 2012 and onwards
  • Hyundai i10: Whatever series of I10 - i10, Grand i10, Grand i10 Nios - all 3 Generations are in demand basis reliability, compact city use car
  • Hyundai i20: Any one considering a Premium Hatchback look no other than I20. All 3 Generations of I20 including iGen I20, Elite I20 are well popular and having high demand in Used Car Market
  • Maruti Baleno: Baleno (in Hatchback, not the sedan one) has generated in huge demand with even waiting list put at Used Car Dealers to let them know of Baleno availability. Have a Baleno to sell - you will instant find buyer for same.

 

Sedan Cars with Best Resale Value in 2021

Honda Amaze photo

  • Honda Amaze: Thanks to lot of Space with Honda Ivtec Engine, reliability -  Amaze is a Popular choice in Second Hand Car Market for buyers in budget of 3 Lakh to 4 Lakh keeps a strong content towards Amaze. 
  • Maruti Dzire / Swift Dzire: Dzire 2012 Facelift Onwards with new Shape Dzire with K Series Engine has Higher Demand, Very High Reliability, Huge Brand Value, Mileage and Ready Buyers. 
  • Honda City: One Dream Mid Sedan which is what a top pick among buyers is Honda City. New Shape Honda City which was what launched in end 2008 and later is what is in high demand and carries list of immediate buyers with hot prospects.
  • Toyota Corolla: Even though Corolla / Corolla Altis is discontinued and you may witness some price reduction offered by dealers or agents but Toyota Corolla / Altis is one such model which is a top pick among direct buyers. An individual who seek something more than Honda city yet with reliability - ask for Corolla Altis. Bulletproof Reliability, Low Maintenance and Space is what key element in Corolla.

  

More Details on Used Car Get One Touch Information
Used Car Valuation Matrix Used Car Depreciation Calculator
Decode Car Manufacturing Month, Year Decode Car VIN

 

MPV 7 Seater Family Cars with Best Resale in 2021

Toyota Innova Crysta photo

 

  • Maruti Ertiga: For Buyers looking for 7 Seater Car with Proven reliability of Maruti in Budget Price has Ertiga as having high Demand. However, Ertiga 2nd Generation with 1.5 Litre Petrol Engine (although was launched just 2 years back) has higher than expected demand in Used Car Market with people even on waiting list for same
  • Toyota Innova: Highest Demand for Utility Vehicle is for Reliable, Niggle Free Innova - 1 Lakh Kms or 2 Lakh Kms - there are Buyers Ready to take it. However the only catch is in Delhi and NCR Market where due to ban imposed on 10 year old Diesel cars - this has impacted the madness and craze of Innova 

 

SUV Cars with Best Resale Value in 2021

SUV Cars are not only flavor in New Car Market but carries a very strong demand in Second Hand Market too

Ford Ecosport photo

SUV  Used Car Demand Review
Ford Ecosport Ford Ecosport is what the saviour of Ford India in present times and remains high on demand in Second Hand Market too.
Maruti Vitara Brezza Maruti Vitara Brezza is topping charts in SUV Segment in Second Hand Market
Tata Nexon Yes - Tata Motors is also now Featuring in and as per our interaction with Used Car Dealers they have been getting in queries for Used Nexon. Thanks to 5 Star Safety, Better Interiors, Choice of Manual - Automatic along with petrol and Diesel - Nexon is now in hot demand too 
Hyundai Creta, Venue Hyundai Creta too has been on radar of Buyers but very few Creta are available in Used Car Market. Even demand has started coming for Venue too with waiting list for Venue Buyers
Kia Seltos Although very few cars are available but Waiting List on in Used Car Market for Seltos. Can expect 80% to 85% of Value of 2019 Seltos in 2021
Mahindra Scorpio, XUV500 Mahindra Scorpio in Tier 2 Cities and XUV500 in Tier 1 city are what in strong demand. Any one considering a Macho SUV still has Mahindra presence
Toyota Fortuner Fortuner is what an Iconic demand.Only concern now is due to changing norms for diesel Cars where a ban imposed on plying 10 year Old Diesel Cars - there are very few takers for 2010 Model and before in Delhi, NCR Zone. However - demand remains high in other Cities 

 

Luxury Cars with Best Resale in 2021

All 3 Brands - Mercedes, BMW and Audi are hot favorites among buyers. The kind of Value erosion which happens in luxury segment and aspiration dream of Brands like Mercedes Benz, BMW and Audi creates a large market for Used Cars in India

Cars with Best Suspension Setup, Handling, Drive o...
SUV Cars with Best Mileage in 2021. Compact to Mid...

Important: If you seek advise or recommendation, pls raise query in Car Forum instead of posting in comments

 

Comments 3

Guest - Paresh on Monday, 29 July 2019 14:53

Which one to buy depending on maintenance cost Maruti ignis delta or Hyundai grand i10 magna.

Which one to buy depending on maintenance cost Maruti ignis delta or Hyundai grand i10 magna.
Guest - Sandip on Sunday, 04 February 2018 15:58

The review is very good and accurate. But I see no European cars, particularly Volkswagen in the list as it holds good value in developed countries. Perhaps there are more satisfied owners of European cars who do not want to sell their cars.

The review is very good and accurate. But I see no European cars, particularly Volkswagen in the list as it holds good value in developed countries. Perhaps there are more satisfied owners of European cars who do not want to sell their cars.
Guest - Mahammad Mustafa on Tuesday, 28 November 2017 20:26

Res sir,
Hats off for your work..really thanks a lot for such wonderfull info..I do have a query . I m looking to BUY a USED VW POLO HIGHLINE 2011 to 2013 model with 50k running ..what may be best price to buy ?? Shall i go for petrol or diesel ?? I m totally confused .plz suggest me sir. Once again thank you for ur all info

Res sir, Hats off for your work..really thanks a lot for such wonderfull info..I do have a query . I m looking to BUY a USED VW POLO HIGHLINE 2011 to 2013 model with 50k running ..what may be best price to buy ?? Shall i go for petrol or diesel ?? I m totally confused .plz suggest me sir. Once again thank you for ur all info
Guest
Tuesday, 26 October 2021

Captcha Image