Check Out these Best Resale Value Cars in India

It is a fact that selling used car in India is booming at a rapid pace. In fact buying a used car has its own perks. Compared to a new car, a used car is free from various expenditures and taxes.  Also there is low insurance premium due to low IDV (Insured Declare Value) that the second hand car owner has to bear with.

Every car has some resale value to it. This value depends on various factors such as market condition, automobile condition and personal reasons. A different brand depreciates at different level which affects the resale value of the cars of that brand.

Here is the list of best resale value cars under different segments in India:

• Entry level Hatchback Segment:

1. Maruti Alto 800
   Be it new or old, this car is always in demand. Maruti Alto 800 is rated among the best resale value vehicles in India. Even after 3 years of continuous usage it can retain upto 78% of its real value.
   
2. Hyundai Eon
   Hyundai Eon is one major rival of Maruti Alto. The car appears modern as compared to its competitors. This car provides with 60-70% of its real value to the owner even after 3 years of use.

• Hatchback Segment:

1. Maruti Suzuki Wagon R
   This model is perfect combination of comfort and durability. Wagon R can retain about 70-80% of its original value after 3 years.
2. Maruti Suzuki Swift
   The fun to drive hatch attracts great demand and boasts high resale value. The car not only offers appealing features but also has spacious cabins. It holds approx 85% of its original value after 3 years.
   
3. Hyundai Grand i10
   Grand i10 is Hyundai Motors’ answer to Swift. The car offers fantastic city driving dynamics and holds 70-75% of its real cost after 3 years.

• Sedan Segment:

1. Maruti Suzuki Swift Dzire
   Swift Dzire is loved by the buyers for its extra space and high mileage figure. A 3 year old model of Swift Dzire can get around 80% of the real value of the vehicle.
2. Honda City
   People find a sense of pride in owing a Honda City. This Japanese car offers a feature filled roomy cabin along with an efficient engine. This sedan preserves a good 75% of its original value even after 3 years of use.
   
3. Honda Amaze
   Being a reasonably priced diesel sedan car, Honda Amaze invites high attention in second-hand car market. This car commands a resale value of 65-75% of its original value even after 3 years.

• MPV Segment:

1. Toyota Innova
   This car is known for the optimum comfort, spacious cabin and plethora of features. The car being low on maintenance is like icing on the cake. It is one of the most favourite choices among families. These are the reasons that Innova retains 90% of its real value even after 3 years.
   
2. Maruti Suzuki Ertiga
   Although this car is much smaller than Innova but it is more affordable and is as good with holding on to its real value. The car holds 88% of its original value even after 3 years.

• SUV Segment:

1. Mahindra Scorpio
   Scorpio is loved by all, irrespective of urban or rural buyers. The car holds a strong position for over a decade now. It retains 65-70% of its original value after 3 years.
2. Renault Duster
   The sporty styling, practicality and robust suspension unit sets it apart from other city SUVs. Duster retains around 76% of its real market value even after 3 years.
3. Toyota Fortuner
   This suave SUV from the Japanese car maker has been dominating the premium SUV segment for more than 7 years now. Fortuner offers peace of mind for its low running cost and holds nearly 85% of its real value even after 3 years.
4. Ford Eco Sport
   This car is the choice of many compact SUV buyers. Being compact it is liked for the features it offers. The car retains 87% of its original cost even after 3 years.

Sell your used car at OLX Cash My Car by following 3 easy & quick steps along with exploring the fairest price in India. All the paper work  will be taken care by OLX Cash My Car, book an inspection session now to know the true vale for your car.