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    Resale Value Cars

    In India, a car is not considered as an investment because of the low resale value that most of the Indian cars fetch. Majority of the car models lose their resale value within 3 years of purchase owing to the road conditions and geographical reasons. Since a used car in India goes through a lot of wear and tear in the first 3 years of purchase, it depreciates in its value very fast and stoops within a few years. Hence, while buying a car besides checking the car specifics, it is equally important for the buyers to consider the resale value of the desired model as well. For the ease of the buyers, the top 20 cars having the highest resale value in India after 3 years to 5 years of usage are listed out here:

    Top 20 Cars in India with Highest Resale Value:

    Toyota Innova:

    Manufactured by the popular Japanese car manufacturing company in India, Toyota, this popular MPV grabs the first position in the list of the best resale value cars in India. Boasting of its extremely spacious interiors, comfortable seating, robust performance, and low cost of maintenance, this car gives its owner up to 90% of its ex-showroom value even after usage of 3 years.

    Maruti Suzuki Ertiga

    Grabbing the second position in the list, Maruti Suzuki Ertiga is a highly desired car of the buyers even after 3 years of usage. Its huge seating capacity of 7 persons along with low-cost of ownership and high on-road performance are the vital factors that contribute to its high resale value in India. An old used model of Ertiga can bring up to 88% of its ex-showroom price.

    Ford EcoSport

    A very compact SUV which is designed to offer fun-filled comfortable ride to the users, Ford EcoSport has a very attractive resale value as well. This small-sized SUV having a lots of high-tech features is able to give its owner up to 87% of its ex-showroom price when sold in the resale market. The factors responsible for its high market demand are its peppy look, brand reputation and great engine performance in both city and rural areas.

    Toyota Fortuner

    Toyota Fortuner is a robust SUV which has been in the list of the most favoured car models of the car lovers for its sturdy design, high off-road capacity and practical driving features. This car having the capacity of offering smooth yet fast ride through the rugged terrains even without high maintenance cost is capable of fetching a resale value of 85% of its total cost.

    Maruti Suzuki Swift

    Maruti Suzuki Swift is the second car from the house of Maruti which boasts of the highest resale value in India. The high-end interiors, exteriors and huge seating capacity for 7 people makes this new-gen car a popular choice among the buyers. It can give up to 85% resale value after 3 years of use. The price of a used model of Suzuki Swift ranges between Rs.4.50 to Rs.5.50 lakh.

    Hyundai Verna

    Being one of the mid-range sedan, Hyundai Verna is a spacious, sophisticated and easy-to-drive car. With a hefty mileage of 19.67 kmpl it glides smoothly on the Indian roads without any wear and tear. Plenty of high-tech features for both the drivers as well as the passengers available in this car makes this SUV an ideal car for the adventurous sport lovers. Being spacious it can easily accommodate 5 people. It offers a value retention of 80% after 3 years. It is able to pick a resale value of Rs.5.50 lakh to Rs.6.50 lakh even after 3 years of usage.

    Maruti Suzuki Swift Dzire

    This advanced version of Swift coming with a seating capacity of 5 people, is favoured by the buyers because of its extra boost space and high mileage figure going up to 20 kmpl for the petrol version and 27 kmpl for the diesel version. A 3 years old model of Suzuki Swift Dzire can get 80% of the ex-showroom price of the vehicle. When put on resale it can pick a price of Rs.4.50 lakh to Rs.6 lakh.

    Maruti Suzuki Alto

    Apart from being one of the highest-selling hatchbacks in India, Maruti Alto also brags of being one of the Indian cars having a really high resale value. Its low ownership cost, durable body, high-performance ability in the cities along with affordable price range makes it a hot favourite of the buyers. A Maruti Alto even after 3 years of continuous usage can pick up to 78% of its purchase value.

    Hyundai Elantra

    For people who love premium sedans which offer the finest level of style, comfort, and performance, Hyundai Elantra is, the foremost choice. Along with offering high comfort and luxury standard to the users, this car is capable of retaining up, to 78% of its value after 3 years. This popular-pick from the segment of premium sedans in India, gives out an average mileage of 18 kmpl to 20 kmpl of mileage.

    Maruti Suzuki Wagon R

    Maruti Wagon R comes loaded with a plethora of advanced features along high-end performance ability and smooth driving dynamics. While it boasts of a high-mileage capacity of 20.8kmpl, it also has a seating capacity of 5 person along with other exquisite features. In short, this model is a perfect combination of comfort and durability and due to all these factors it is highly in demand. A 3 year, old Wagon R can fall within the resale price bracket of Rs.2 lakh to Rs.2.5 lakh. (78%).

    Renault Duster

    Renault Duster which has always been a hot choice of the car enthusiasts has become a popular name among the car buyers because of its high resale value in Indian car market. This SUV which is well-known for its sporty looks, forceful performance and practical features can fetch up to 76% of its total value after 3 years of purchase.

    Hyundai i10

    Considered to be an authentic hatchback in nature, Hyundai i10 has become a winner in the eye of the car lovers right after its launch. It is mainly appreciated by the users for its extremely powerful engine which is capable of giving out a fuel-efficiency of 18 kmpl. The resale value of this popular hatchback with a seating capacity of 5 is 76% of the ex-showroom price and its price falls between the range of Rs.2 lakh to Rs.2.50 lakh.

    Honda City

    Honda City is favoured for being a great family car with spacious cabins, low-maintenance cost and practical driving experience. Providing a mileage of 19.98 kmpl, Honda City has a great seating capacity of 7 people. It is equipped to run at a high power and torque along with a long list of high-tech features. It has up to 75% of value retention after 3 years of its purchase and the price ranges from Rs.5.50 lakh to Rs.7 lakh.

    Hyundai i20

    Hyundai i20 which has been spreading smiles among the users with a vigorous engine capacity and a stunning mileage of 18.60kmpl earns high scores in its resale value. Apart from offering comfortable accommodation to 5 members, it is packed with a plenty of safety and comfort features. Owing to these amazing features this car holds a stunning resale value of 73%. A used car model of Hyundai i20 can be sold at a price of around Rs.5 lakh.

    Maruti Suzuki Ritz

    A dynamic and a stylish looking car in nature, Maruti Suzuki Ritz runs on a power of 109ps at 6045 rpm and torque of 140 nm at 4500 rpm. It offers a whopping mileage of 17 kmpl with seating capacity for 5 people. Along with other interior and exterior dimensions, it is packed with plenty of comfort, safety and entertainment features. The hatchback is capable of fetching up to 72% of its total purchase value.

    Toyota Etios

    A top-selling car belonging to the sedan segment, Toyota Etios is highly admired by the car enthusiasts for it premium looks, hi-tech features, and robust engine performance. It boasts of the capacity of delivering robust on-road and off-road performance while enabling the users to enjoy a fuel-efficiency of 24 kmpl. A Toyota Etios model which is 3 years old can get the owner 72% of its ex-showroom price.

    Mahindra Xylo

    A power-packed car with a mileage capacity of 14.02 kmpl, offers huge seating capacity of 8 people. Coming with a number of hi-tech features, this car makes a choice for car owners who are looking for premium comfort and convenience. This power-packed car can grab a resale value of up to 72% due to all these desirable features.

    Mahindra Scorpio

    Mahindra Scorpio, one of the most preferred SUVs by both the rural and urban buyers, is also in high demand among the buyers because of its extremely high resale value. Even after 3 years of usage, this car is able to pick up a value of up to 72% during its resale. The main factors that contribute to its high demand are the brand name, high fuel economy, low maintenance cost and sturdy performance in all types of terrains.

    Hyundai Eon

    Hyundai Eon is a popular hatchback that has claimed its position in the list of the highest resale value cars in India due to its powerful engine, hefty mileage and spacious interior with seating capacity of 5. In spite of being a compact entry-level hatchback, this car can give its owner up to 68% value of its total ex-showroom price which is quite an attractive figure.

    Mahindra XUV500

    Mahindra XUV500 is one of the most desired cars of the driving enthusiasts because of its high-performance ability in both cities and semi-urban areas. It scores high in resale value over its competitors because of its extravagant look, performance, along with high-end comfort, convenience and safety. The resale price figure of this car falls within the range of Rs.8.50 to Rs.10 lakh.

    Chevrolet Beat

    This fuel-efficient hatchback is not only comfortable to ride in, but it is loaded with a lot of attractive and advanced features. It not only offers extreme comfort and luxury but gives out a mileage of 21.4kmpl. Having comfortable seating arrangement and plenty of safety features, Chevrolet Beat is just an ideal car for a family comprising of 5 members. Due to the high value for money proposition that it offers it is very popular among the car buyers and has a high resale value of around Rs.2.50 lakh.

    Customer Reviews

    • ICICI Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      It has been a moderate experience i had from them, and the process in getting this loan had been very simple and has been easy. The loan amount which they had provided had been satisfactory and the interest rate with them had been nominal. There has not been any hassles faced with the banking services of them.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Jul 13, 2018
    • HDFC Bank Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      My car loan experience was very good with HDFC bank, the loan amount was for Rs 5 lakhs with nominal interest rate when compared to other banks. My loan was approved on the on-road price and it was a new car. Customer service was good and the tenure for this loan is 4 years.
      Was this review helpful? 2
      , kolkata
      Reviewed on Jul 13, 2018
    • HDFC Bank Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The process in getting this car loan had been very easy and simple and the loan amount which they had provided had been satisfied. The rate of interest which they where offering had been nominal compared with the market rate. Their customer support and the staff responses had been very helpful at times.
      Was this review helpful? 2
      , new delhi
      Reviewed on Jul 13, 2018
    • SBI Car Loan
      "Best Service"
      0.5 4.5/5 "Excellent!"
      I have taken a car loan with SBI and my loan experience was good, the loan amount was for Rs 2 lakhs with nominal interest rate when compared to other banks. My loan was approved on Ex-showroom price and it was a new car. There are no charges on preclosure and i have completed 50% of the tenure period. I have to pay an EMI for 4 years for this loan.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jul 13, 2018
    • SBI Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      My car loan experience was good with SBI, the loan amount was for Rs 4 lakhs with nominal interest rate when compared to others. My loan was approved on ex-showroom price and the customer service was good. There are no foreclosure charges and there is no particular tenure period for this loan as the loan can be closed anytime.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 13, 2018
    • Kotak Car Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      I took a card loan from the Kotak Mahindra Bank for 6 lacs, I got the loan with in 3 days. The interest rate was 8% nominal rate. I am paying monthly 12400 as EMI for this loan. The whole application process was easy and hassle free and I got the loan loan amount with out any hassle.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Jul 12, 2018
    • SBI Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It had been a very good experience i had with them for getting this car loan. The process was very simple and easy where it took very less time in getting the loan. The loan amount which they had provided me had been satisfactory and the interest rate also had been nominal and there has not been any extra charges which had been taken for the process or anything so far.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jul 12, 2018
    • Axis Bank Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan with AXIS bank and my experience was very good, the loan amount was for Rs 3 lakhs out of which i paid Rs 2.15 lakhs and remaining 80000 is left out. The rate of interest of 11% is nominal rate and it is a new car. Customer support was good and they followed up on time.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 12, 2018
    • Axis Bank Car Loan
      "Very good"
      0.5 5.0/5 "Blown Away!"
      My car loan was taken with AXIS Bank 11 years back. The loan amount was 54 lakhs and the interest rate was satisfactory and the tenure period was 84 months. I had a good experience here . The documentation was really easy and there was no delay in disbursing or sanction the loan. Their processing fee was also quite nominal so its recommendable.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 12, 2018
    • HDFC Bank Car Loan
      "Good Service"
      0.5 4.5/5 "Excellent!"
      I took a Car loan from the HDFC bank for 2 lacs, that is also closed, the interest rate was high initially and I discussed with the official about the low interest offering and finally they reduced the interest rate. Overall it has been a very good experience in taking car loan from the HDFC bank.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 11, 2018
    • SBI Car Loan
      "Interest rates are very less"
      0.5 4.0/5 "Great!"
      I have applied for a car loan services in SBI. But compared to other banks the car loan is very cheap ant they have offered me interest rate of 9.4%. I have visited the branch and the response is very good. They have given a break up for the car loan but i have never look up on it. I have just received the quotations. I have to submit the documents of basic things. There are no much documents required,
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 10, 2018
    • SBI Car Loan
      "Good"
      0.5 4.0/5 "Great!"
      My car loan was taken with SBI 1 year back. The loan amount was 10 lakhs and the interest rate was satisfactory . The tenure period was 5 years . The customer service and responses was good. The documentation was very smooth and there are no issues faced so far. They have sanctioned the loan within the time limit
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 10, 2018
    • HDFC Bank Car Loan
      "Not satisfied"
      0.5 2.0/5 "Expected more"
      I got car loan from Hdfc bank , their rate of interest is quiet high and am not satisfied with it For documentation and approval their customer service took few days for whole thing. Making the payments through ECS and there are processing fees which is high I have chosen tenure period of 5 years. But i made the whole payments on my 3rd year they charged high for pre closure charges. Even after paying on time they listed my name in defaulter list.
      Was this review helpful? 1
      , ahmedabad
      Reviewed on Jul 10, 2018
    • SBI Car Loan
      "Very Good Service"
      0.5 4.5/5 "Excellent!"
      The process in getting the loan had been easy and smooth and it has taken just 2-3 days in getting it. There has been some good discounts and offers provided where the rate of interest has also been less. They had given a loan amount of six lakhs which has been satisfactory. It has been a hassle free experience.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jul 09, 2018
    • IOB Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The process in getting the loan had been very good and they had made the process simple and easy. The loan amount which they had provided had been good and the interest rate with them also had been normal compared with the market rate. There has not been any hassles faced with any of the banking services offered by them.
      Was this review helpful? 1
      , kolkata
      Reviewed on Jul 07, 2018
    • Axis Bank Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The process in getting this loan had been very good and they had made the process smooth and easy. The interest rate which they had offered had been good and it was less compared with the market rate.The loan amount had been good and the staff responses had been very good and there has not been any hassle during the process.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jul 07, 2018
    • HDFC Bank Car Loan
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      I had applied for a car loan with them and i was not much happy with the process which they had carried on. The process got delayed and because of that i have closed the application. Their customer support had not been that much responsive and there has not been a prompt service.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 07, 2018
    • HDFC Bank Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I had been using the card for the last one year and the services which they had been providing so far had been very good. I had been using the card for shopping and all other purchases. The credit limit with the card has been good as well as there has been good benefits with them.
      Was this review helpful? 0
      , indore
      Reviewed on Jul 07, 2018
    • ICICI Bank Car Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      It had been a good experience with the loan process where it had been easy and smooth. The loan amount which they had given had been satisfactory and the interest rate with them had been quite high compared with the market rate. Their customer support had been good and they had been helpful at times.
      Was this review helpful? 1
      , new delhi
      Reviewed on Jul 07, 2018
    • SBI Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The process in getting the loan had been good and the loan amount which they had given had been satisfactory. They had given the loan with the best rate of interest and there has not been any delay in any of their process. Their customer support had also been responsive.
      Was this review helpful? 2
      , new delhi
      Reviewed on Jul 07, 2018
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