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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

    • SBI Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It has been quite a good experience i had with this car loan and the loan amount which they had provided has been sufficient as well. The interest rate with them was around 9.25% which was nominal when compared with the market rate. The charges which they had made has been nominal as well, and even their customer support has been responsive as well.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Jan 17, 2019
    • SBI Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have been taken my car loan with State bank of India, they have given me sufficient loan amount, and i am satisfied with the loan amount , and the rate of interest they have charged me up to 9.45% which is bit high compare to other bank,i have asked for 9 % but its okay, and the processing fee they have charged me was nominal,overall service is good.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 17, 2019
    • Kotak Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been taken my car loan with Kotak mahindra bank recently ,like 2 months before i took this loan, and i am happy with the loan amount they have given me ,it was sufficient for me, and the rate of interest they have charged me up to 9.3% which was nominal for me and the processing fee they have charged me was nominal, the loan amount process went smoothly. the overall service rendered by them was really good.
      Was this review helpful? 0
      , chennai
      Reviewed on Jan 17, 2019
    • Central Bank of India Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It was a good experience i had with this loan and the loan amount which they had provided has been sufficient. The interest rate with them is quite nominal when compared with the market rate. There has not been any sort of additional charges which they had made so far.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jan 13, 2019
    • SBI Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I took my car loan in State Bank of India by last year. The charges are normal. I have spend down payment nearly 1L out of 7L. The branch is near to my residence so will never contact the customer service. The process was immediate and it was completed within 2 days.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Jan 12, 2019
    • HDFC Bank Car Loan
      "Its Excellent"
      0.5 4.5/5 "Excellent!"
      HDFC gave me the door step service for the car loan. I took the loan before three years. It was the fantastic experience for me because I got the better interest, I took the loan for 5 years but I done the foreclose in three years , there was no charges for it.
      Was this review helpful? 2
      , ahmedabad
      Reviewed on Jan 11, 2019
    • Capital First Car Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      The process in getting my Car loan from them has been quite good and the process went smooth. The loan amount was sufficient but the interest rate with them has been quite high when compared with the market rate. Their customer support and their response has been good and has been helpful as well.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jan 10, 2019
    • HDFC Bank Car Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      My car loan experience with HDFC has been good and the loan amount which they had provided has been sufficient. The interest rate with them has been nominal and there has been some charges like processing fee. Overall their has been a help from their customer support as well.
      Was this review helpful? 1
      , pune
      Reviewed on Jan 09, 2019
    • HDFC Bank Car Loan
      "Average Loan Service"
      0.5 3.0/5 "Satisfactory"
      I have approached the bank directly for my car loan. Since I'm existing customer of HDFC for 13 years, i have chosen them. I purchased the loan amount of Rs. 2 lakhs. They have offered me a interest rate of 16% In October 2018, i have closed this loan. Total tenure period of the loan was 3 years. Car Dealer has recommended me about this loan.
      Was this review helpful? 4
      , srikakulam
      Reviewed on Jan 09, 2019
    • Magma Car Loan
      "Average service"
      0.5 1.5/5 "Bad"
      I have been using my car loan with Magma Fincorp previously, they have given me sufficient loan amount ,the rate of interest they have charged me was high,and the processing fee they have charged me was high , i was not happy with there service.
      Was this review helpful? 3
      , ghaziabad
      Reviewed on Jan 08, 2019
    • HDFC Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have been using my car loan with HDFC bank, there service is too good, the loan amount they have given me was sufficient,the rate of interest they have given me up to 9% which is nominal for me,and the processing fee they have charged me was nominal only they have charged me up to 1% only,and still my loan is running ,there was no hidden charges they have charged apart from that,overall service is good.
      Was this review helpful? 1
      , ghaziabad
      Reviewed on Jan 08, 2019
    • HDFC Bank Car Loan
      "Nice offer and nice loan"
      0.5 4.0/5 "Great!"
      I had a car loan with HDFC 1 year back. They have given me a nice offer hence i opted the loan with HDFC. I'm not sure about the partial payment and pre-closure facility. They have given me a nice interest rate according to what i want. I was taken a loan amount of Rs. 3 lakhs.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 08, 2019
    • review Car Loan
      "Need to reduce the charges"
      0.5 3.5/5 "Pretty good"
      I have taken a car loan in Nissan Institution, it was good. I bought the car from same showroom and they have provided me a facility. The rate of interest was high. The documentation procedure was simple. I have taken the loan almost 2 years back and its still running. The loan tenure is 5 years.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jan 08, 2019
    • HDFC Bank Car Loan
      "Looking for less interest rate"
      0.5 4.0/5 "Great!"
      My car loan experience was good with HDFC bank, loan amount was sufficient and the rate of interest was high when compared to other banks. Customer service was good and they responded on time. The tenure period for this car loan is for 5 years.
      Was this review helpful? 1
      , new delhi
      Reviewed on Jan 08, 2019
    • ICICI Bank Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my car loan with ICICI bank, the rate of interest they have charged me was nominal and they have charged me processing fee they have charged me which was nominal, the loan amount they have given me was sufficient according to the car price i got my loan, still this loan is running,overall service is good.
      Was this review helpful? 3
      , new delhi
      Reviewed on Jan 08, 2019
    • IOB Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my car loan with Indian overseas bank, the loan amount they have given me was sufficient, they have charged nominal rate of interest they have charged me up to 9 % which was nominal and there is zero processing fee , so far there service is have experience was good, they have not taken any hidden charges ,there overall service is good.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jan 08, 2019
    • HDFC Bank Car Loan
      "Good loan experience with HDFC"
      0.5 4.0/5 "Great!"
      My car loan running with HDFC bank, the customer service is super and the fast approval on the disbursement. They taken 15 days to deliver the car. The principal amount is Rs. 4 lakhs for the tenure of 5 years, the car model is baleno which is latest.
      Was this review helpful? 1
      , aligarh
      Reviewed on Jan 07, 2019
    • ICICI Bank Car Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      The process in getting this loan was quite good and there hasn't been any hassle faced. The loan amount which they had provided has been sufficient and the interest rate with them has been nominal as well. There has not been any sort of additional charges which was made by them.
      Was this review helpful? 0
      , pune
      Reviewed on Jan 07, 2019
    • Axis Bank Car Loan
      "Good Car Loan"
      0.5 4.0/5 "Great!"
      Purchased my car loan 4 years back. I have chosen the Axis bank because the rate of interest was less when i compared with others. I have taken a loan amount of Rs. 3.50 lakhs and the tenure period for the loan is 5 years. I have been paying the EMI of Rs. 8000. I have got the loan as per they have promised time.
      Was this review helpful? 2
      , bangalore
      Reviewed on Jan 07, 2019
    • Bank of Baroda Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      It has been a good experience i had with this loan. The loan amount which they had provided has been sufficient and the interest rate with them has also been nominal, there has not been any sort of additional charges which they had made for this loan.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 07, 2019
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