• Resale Value Cars

    Cars are considered as a depreciating asset as its value declines with each passing year due to wear and tear. Therefore, it is imperative that you buy a car that has a good resale value so that you get a good price for it when you decide to sell it. Buying a car with a good resale value is even more important if you change it regularly.

    To help you make an informed decision on which car you should buy, below we have listed the top 10 cars in India that have good resale value after 3 to 5 years of usage:

    Top 10 cars in India with High Resale Value

    1. Maruti Suzuki Swift
    2. The Maruti Suzuki Swift is a very popular car in the country. The car has the ability to retain more than 85% of its initial cost in a span of 3 years and hence, is one of the cars with the highest resale value in India. The Swift has a stylish look, offers high mileage, has a powerful engine, and is available in both petrol and diesel variants. Some of the key specifications of the Swift have been given below:

      Variants LXI, VXI, VXI AGS, ZXI, ZXI AGS, ZXI+, and ZXI+ AGS
      Engine Capacity 1,197 cc
      Maximum Power 61 kW@6,000 rpm
      Maximum Torque 113 nm@4,200 rpm
      Transmission Manual and automatic
      Mileage 21.21 kmpl
      Price Rs.5.19 lakh onwards
    3. Toyota Innova
    4. The Innova’s trusted reliability and strong after-sales service of Toyota have been responsible for the car attaining cult status. The Toyota Innova has one of the highest resale values in the market and even a 13-year old Innova purchased at a price range between Rs.6.80 lakh and Rs.10 lakh manages to sell at around Rs.3.5 lakh and Rs.4 lakh in the pre-owned car market.

      Variants 2.7 GX MT Petrol, 2.7 GX AT Petrol, 2.7 VX MT Petrol, 2.7 VX AT Petrol, 2.4 G MT Diesel, 2.4 G+ MT Diesel, 2.4 GX MT Diesel, 2.4 GX AT Diesel, 2.4 VX MT Diesel, 2.4 ZX MT Diesel, 2.4 ZX AT Diesel
      Engine Capacity 2,393 cc to 2,694 cc
      Maximum Power 150 bhp@3400 rpm to 166 bhp @5200 rpm
      Maximum Torque 360 nm@1400-2600 rpm to 245 nm@4000 rpm
      Transmission Manual and automatic
      Mileage 10.75 to 13.68 km/litre
      Price Rs.15.66 lakh onwards
    5. Ford EcoSport
    6. The Ford EcosSport sports a mini-SUV look and hence, appeals to many compact SUV buyers. Launched in 2013, the Ford EcoSport in its latest version receives a mild facelift, larger headlamps, and a mild redesign in the bottom splitter. On the safety side, the EcoSport scores well and is equipped with dual airbags and anti-lock braking system (ABS).

      In the used car market, it has a decent demand and after 2 years of usage, you can expect to recover around 80% of its original cost price.

      Variants Ambiente 1.5 1.5L Ti-VCT, Ambiente 1.5L TDCI, Trend 1.5L TI-VCT, Trend 1.5LTDCI, Titanium 1.5L TI-VCT, Titanium 1.5L TDCI, Titanium + 1.5L Ti-VCT, Thunder Edition Petrol, Titanium + 1.5L TDCI, Thunder Edition Diesel, S Petrol, Titanium + 1.5L Ti-VCT AT, S Diesel
      Engine Capacity 1,495 cc to 1,498 cc
      Maximum Power 122 bhp@6500 rpm
      Maximum Torque 215Nm@1750-3250rpm
      Transmission Manual and automatic
      Mileage 15.9 to 21.7 km/litre
      Price Rs.8.19 lakh onwards
    7. Maruti Suzuki Wagon R
    8. One of the highest selling cars in the country, the Maruti Suzuki Wagon R is reasonably-priced, spacious, offers high mileage, and enjoys the wide network of Maruti service outlets. The spare parts of the Wagon R are not very expensive and in its latest version, the safety of the car has been enhanced by the addition of dual front airbags and standard ABS.

      The Wagon R depreciates by only around 20% in 3 years of usage which means that the owner of this car can recover a large portion of the car’s purchase price upon reselling. Hence, it finds a place in the list of top cars with good resale value.

      Variants LXi 1.0L, LXi CNG 1.0L, VXi 1.0L, VXi AGS 1.0L, VXi 1.2L, VXi AGS 1.2L, ZXi 1.2L, ZXi AGS 1.2L
      Engine Capacity 998 cc to 1,197 cc
      Maximum Power 61 kW @6,000rpm
      Maximum Torque 113Nm@4,200rpm
      Transmission Manual and automatic
      Mileage 20.52 to 21.79 km/litre (33.54 km/kg for CNG variants)
      Price Rs.4,45,500 onwards
    9. Hyundai Grand i10
    10. The Hyundai Grand i10 boasts of many features such as decent mileage, ample space, a smart-phone compatible infotainment system, etc., which make it one of the most popular cars in India. The car is loaded with a fancy audio unit, climate control, reversing camera, steering mounted controls, and a cooled glovebox.

      The hatchback can retain more than 75% of its value even after it has been driven for 3 years.

      Variants Magna and Sportz
      Engine Capacity 1,197 cc
      Maximum Power 83 bhp@6,000 rpm
      Maximum Torque 11.6 kgm@4,000 rpm
      Transmission Manual
      Price Rs.5,91,699 onwards
    11. Honda City
    12. The Honda City is a favorite among many sedan buyers due to its stylish and attractive design, comfortable interiors, and high reliability. It also finds a place in the list of the most fuel-efficient automatic vehicles in its segment. The other features that make the Honda City one of the most preferred sedans are its good build quality, one-touch electric sunroof, 6 airbags, and spacious boot.

      After 3 years of usage, the Honda City is capable of recovering at least 75% of its original cost and hence, is one of the top cars with high resale values.

      Variants V MT Petrol, V CVT Petrol, VX MT Petrol, ZX MT Petrol, VX CVT Petrol, ZX CVT Petrol, V MT Diesel, VX MT Diesel, and ZX MT Diesel
      Engine Capacity 1,498 cc
      Maximum Power 73 KW@3,600 rpm to 89 KW@6600 rpm
      Maximum Torque 145 nm@4300 rpm to 200 nm@1750 rpm
      Transmission Manual and automatic
      Price Rs.10,89,900 onwards
    13. Mahindra Scorpio
    14. The Mahindra Scorpio is one among the most affordable 7-seater SUVs in India. The SUV boasts of aggressive styling, abuse-friendly structure, and offers good city drivability. The Mahindra Scorpio is easy-to-maintain and has a powerful engine that makes it sufficiently rugged. The other features offered by this SUV are power windows, tilt adjustable steering, power-folding and adjustable mirrors, etc.

      The Scorpio retains 70% of its value even after being driven for around 3 years and therefore, features in the list of cars with high resale value.

      Variants S5, S7, S9, and S11
      Engine Capacity 2,179 cc
      Maximum Power 103 bhp@3750 rpm
      Maximum Torque 320 nm@1500-2800 rpm
      Transmission Manual
      Price Rs.11,97,015 onwards
    15. Hyundai Creta
    16. The Hyundai Creta is one of the most powerful SUVs in its segment and perhaps, the best looking among compact SUVs. Some of the features that make it a good buy are the powered driver’s seat, a sunroof, AC odour eliminator, wireless charging, 17-inch wheels, ventilated front seats, etc. Both its 1.6-litre diesel and petrol variants come with the option of a 6-speed automatic transmission.

      In the second-hand car market, the Hyundai Creta scores well by offering a high resale value as it can retain over 87% of its original cost even after being used for 3 years.

      Variants E, EX, S, SX, and SX (O)
      Engine Capacity 1,353 cc to 1,497 cc
      Maximum Power 115 ps @4000 rpm to 140 ps@6000 rpm
      Maximum Torque 14.7 kgm@4500 rpm to 25.5 kg.m @ 1500-2700 rpm
      Transmission Manual and automatic
      Price Rs.9,81,890
    17. Maruti Vitara Brezza
    18. Another offering from Maruti Suzuki, the Maruti Vitara Brezza is a compact SUV powered by a fuel-efficient 1.5-litre petrol engine. A majority of buyers like the Vitara Brezza for its well-proportionate and mature styling along with other features such as cruise control, integration of Android Auto and CarPlay, auto climate control, and projector headlamps. Though the Brezza is available only in the diesel variant, its pricing is on-par with its petrol-powered rivals.

      Backed by the top-notch sales and services from Maruti outlets, the Maruti Vitara Brezza enjoys strong resale value. In fact, even after being driven for 3 years, it can retain around 90% of its original cost.

      Variants LXI MT, VXI MT, VXI AT, ZXI MT, ZXI AT, ZXI+ MT, and ZXI+ AT
      Engine Capacity 1,462 CC
      Maximum Power 77 kW@6000 rpm
      Maximum Torque 138 nm@4400 rpm
      Transmission Manual and automatic
      Price Rs.7.34 lakh onwards
    19. Toyota Fortuner
    20. Since the day of its launch, the Toyota Fortuner has been enjoying high sales in its segment with its macho looks and comfortable interiors. The premium SUV also boasts of a refined petrol motor that hardly makes any sound when driven. Even on the safety side, the Toyota Fortuner fares well with 7 airbags, anti-lock brakes with electronic brakeforce distribution (EBD). Leather upholstery, LED projector headlamps, powered tailgate and touchscreen infotainment system are some of the features that can be included in the expansive feature list.

      In the pre-owned car segment too, the Toyota Fortuner manages to occupy a good position in terms of resale value due to many factors, one of which is the legendary after-sales experience that the Toyota outlets offer. Even after 3 years of usage, the SUV is said to retain around 88% of its initial value.

      Variants 2.7 4x2 MT, 2.7 4x2 AT, 2.8 4x2 MT, 2.8 4x2 AT, 2.8 4x4 MT, 2.8 4x4 AT
      Engine Capacity 2,694 cc to 2,755 cc
      Maximum Power 122 kW (166 PS) @5,200 rpm to 130kW (177 PS) at 3,400 rpm
      Maximum Torque 245 nm@4000 rpm to 450 nm@1600-2400 rpm
      Transmission Manual and automatic
      Price Rs.28.66 lakh onwards

    Avail Car Loans to Purchase Good Resale Value Cars

    The above-mentioned list of cars should help you make an informed decision about which car you should purchase, whether it’s a brand-new car or a pre-owned one, based on its resale value. Availing a car loan to purchase a new or a used car, is a good idea as you can enjoy affordable interest rates, flexible repayment tenures, quick approvals, etc. Through BankBazaar, you can access the benefits and features offered by top lenders in the country on their car loans. Once you explore the benefits offered by each lender, you can compare them and choose the one that suits your requirements.


    1. What checks are conducted when determining the value of the car?
    2. Various engine (mechanical wear and tear), structural damage, interior, and exterior checks are done to determine the value of the car. For example, Maruti Suzuki True Value conducts 376 quality checkpoints to determine the value of the car.

    3. In case I wish to buy a used car on loan, is 100% financing available?
    4. Yes, various lenders offer 100% funding on the ex-showroom price of the car. However, the funding will be based on the credit criteria and the model.

    5. Is it mandatory to provide a guarantor when I avail a loan?
    6. No, it is not mandatory to provide a guarantor to avail a car loan. However, if the credit criteria are not met, the lender may request a guarantor to be provided.

    7. Who are the eligible co-applicants for a used car loan?
    8. The eligible co-applicants for a used car loan are mentioned below:

      • Public/Private Ltd. Companies: Any of the Directors
      • Trusts: Any of the Trustees
      • HUFs: Karta
      • Partnership Firms: Any of the Partners
      • Sole Proprietorship/ Self-Employed Individual/ Salaried Employee: Any family member
    9. How long does it take for the loan to be processed?
    10. It may take up to 3 working days from the time the documentation has been completed for the loan to be processed. However, if all the relevant documents are submitted on time, the processing time may be quicker.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    This Page is BLOCKED as it is using Iframes.