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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
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I took a car loan from the SBI, all the aplication and documentation was done at the branch. I got the loan credited to my account with in a span of seven day. The whole process was smooth and hassle free. I never had any issues with their services.
      Was this review helpful? 0
      , new delhi
      Reviewed on May 20, 2018
    • HDFC Bank Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      My car loan experience was good with HDFC bank, the loan amount was sufficient and the rate of interest was nominal when compared to all other banks. This was a used car loan with the tenure period of 3 years. Customer service was good with HDFC bank and their response was on time.
      Was this review helpful? 0
      , kolkata
      Reviewed on May 20, 2018
    • ICICI Bank Car Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I took a Car loan of 7 lakhs from the ICICI bank. The loan application process is very fast with in 5 days the loan amount was credited to the account. Overall the whole process was quick and hassle free. I never had any issues with the process...
      Was this review helpful? 0
      , secunderabad
      Reviewed on May 20, 2018
    • Volkswagen Finance Car Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I have taken a car loan from Volks Wagen finance and my loan experience was not up to the mark. The loan amount was for Rs 5.6 lakhs with nominal interest rate when compared to all other sources. There are lot of charges on this loan and the tenure period for this loan is 5 years.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 20, 2018
    • ICICI Bank Car Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      I took a car loan from the ICICI bank for 18 Lakh. The loan is about get closed just need to pay a month more.I applied for the loan through the bank and it took almost 25 days to process the loan. The branch staff came to my home and the documentation part is hassle free. Overall it was a smooth loan experience.
      Was this review helpful? 0
      , mumbai
      Reviewed on May 20, 2018
    • Bank Bazaar Car Loan
      "Good response and fast approval"
      0.5 4.5/5 "Excellent!"
      I got good response through bankbazaar. The executives were very helpful. I applied for a car loan though bankbazaar. The procedure was very easy and simple. They have the comparison option which we can easily compare with all the financial sectors.
      Was this review helpful? 0
      , chennai
      Reviewed on May 18, 2018
    • TVS Credit Services Car Loan
      "TVS car loan"
      0.5 4.5/5 "Excellent!"
      I have taken a car loan from TVS CREDIT SERVICES and the approved loan amount was 1.90 lakhs. The rate of interest was 14%. The monthly emi is 16000 for tenure of 13 months .There was some processing fee from TVS credit services. Easy documentation done.
      Was this review helpful? 0
      , chennai
      Reviewed on May 18, 2018
    • HDFC Bank Car Loan
      "HDFC car loan"
      0.5 3.5/5 "Pretty good"
      I have taken a car loan from HDFC bank and the approved loan amount was 4.99 lakhs. The rate of interest was 8% flat. I have taken the tenure of 4 years.They have charges for paper work around 2500. And 19000 for GPS. They have forced me to take the GPS and a loan insurance of 3500.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 18, 2018
    • SBI Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan with SBI and my loan experience was good, the loan amount was for Rs 4 lakhs with nominal interest rate when compared to other banks. The process was quick and i received my loan amount on time. Customer service was good and the tenure for this loan is 5 years.
      Was this review helpful? 0
      , new delhi
      Reviewed on May 18, 2018
    • Bank Bazaar Car Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      Previously i had an experience while i applied fro a credit card through bankbazaar and thus i came to know that they even provide loan facilities. Later i applied for card loan and the it got approved with the time limit. I am satisfied with bankbazaar service.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 18, 2018
    • Kotak Car Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      Around 2 years ago, I have got the car loan from the KOTAK MAHINDRA BANK. The customer support service and the response is good from the Kotak and they have disbursed the loan amount within a week time. The rate of interest and the charges are average here.
      Was this review helpful? 0
      , chennai
      Reviewed on May 18, 2018
    • HDFC Bank Car Loan
      "HDFC car loan"
      0.5 4.0/5 "Great!"
      I have taken a car loan from HDFC bank and the approved loan amount was 5.40 lakhs. The rate of interest was 8.75%. First it was 8.25% and since the financial year got changed the interest got changed to 8.75%. The monthly emi is 11658 for tenure of 5 years .There was a processing fee of 4000.
      Was this review helpful? 0
      , kochi
      Reviewed on May 18, 2018
    • Bank Bazaar Car Loan
      "Fast approval for loan"
      0.5 3.0/5 "Satisfactory"
      I just used bankbazaar to calculate my EMI and later i got processed with my car loan through bankbazaar. The credit score checking option with bankbazaar was good.It was really helpful to use this website .The customer service and response with the bank is fine.
      Was this review helpful? 0
      , kochi
      Reviewed on May 18, 2018
    • TVS Credit Services Car Loan
      "TVS credit car loan"
      0.5 4.0/5 "Great!"
      I have taken a car loan from TVS CREDIT SERVICES and the approved loan amount was 2.26 lakhs. The rate of interest was nominal. The monthly emi is 6100 for tenure of 5 years.There was a processing fee was 3% of the approved. The customer service and response was good.
      Was this review helpful? 0
      , thiruvananthapuram
      Reviewed on May 17, 2018
    • TVS Credit Services Car Loan
      "Good banking"
      0.5 4.0/5 "Great!"
      I have taken a car loan from TVS CREDIT SERVICES and the approved loan amount was 2.80 lakhs. The rate of interest was 15%. The monthly emi is 9500 for tenure of 40 months .There was no processing fee from TVS credit services. Easy documentation done.
      Was this review helpful? 0
      , karimnagar
      Reviewed on May 17, 2018
    • Bank Bazaar Car Loan
      "Friendly website"
      0.5 4.0/5 "Great!"
      The website is user friendly and easy to navigate. The bankbazaar team gave me regular follow ups and intimated every status regarding my loan application with TVS credit services and i am really satisfied with the procedure and response from bankbazaar.
      Was this review helpful? 0
      , karimnagar
      Reviewed on May 17, 2018
    • TVS Credit Services Car Loan
      "Good experience"
      0.5 4.0/5 "Great!"
      I have taken a car loan from TVS CREDIT SERVICES and the approved loan amount was 4.17 lakhs. The rate of interest was 14%. The monthly emi is 10490 for tenure of 5 years.There was a processing fee of 1% of the approved loan amount. The customer service and response was good.
      Was this review helpful? 0
      , chennai
      Reviewed on May 17, 2018
    • Bank Bazaar Car Loan
      " Comparable among banks"
      0.5 4.0/5 "Great!"
      The service provided by bankbazaar is comparable regarding the financial products. In bankbazaar there are lots of banks. We can choose the best offer with the best interest. Comparison is very helpful and time saving.The executives are very good and supportive. The website was really easy to navigate.
      Was this review helpful? 0
      , chennai
      Reviewed on May 17, 2018
    • TVS Credit Services Car Loan
      "TVS credit car loan"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan from TVS CREDIT SERVICES and the approved loan amount was 3 lakhs. The rate of interest was 9.10%. The monthly emi is 10260 for tenure of 3 years.There was a processing fee of 3700. The documentation was very easy.
      Was this review helpful? 0
      , ahmednagar
      Reviewed on May 17, 2018
    • Bank Bazaar Car Loan
      "Good portal for financial needs"
      0.5 3.0/5 "Satisfactory"
      I have experienced the online portal of bankbazaar. I have applied for the car loan with HDFC through bankbazaar.The executives are very good and supportive. The website was really helpful and easy to navigate.Its a better platform were we can get connected to bank easily.
      Was this review helpful? 0
      , ahmednagar
      Reviewed on May 17, 2018
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