Buying a car is certainly a big investment. You think of several aspects while purchasing a car like how fuel efficient it is; Automatic or manual transmission; Colour, Variant and so on and so forth. Besides the aforementioned aspects, a buyer cannot overlook the car’s resale value as well. While some cars hold their resale value, others stoop within few years. So, here is the list of top 20 cars, claimed by CarWale, that have highest resale value in India. The list has percentage value of the car’s ex-showroom price with an assumption that they have done over 25,000km in 3 years and 40,000km in 5 years.
1. Toyota Innova - Toyota Innova, the popular MPV from the Japanese carmaker in India, tops the list of the best resale value cars in India. Favoured for its comfortable and spacious cabin, practicality and most importantly lowest maintenance cost, the Innova holds 90% of its value (ex-showroom) even after 3 years.
2. Maruti Suzuki Ertiga - The second on the list is the Maruti Suzuki Ertiga that gets 88% value of its ex-showroom price after 3 years. Major factors behind the high resale value of the Ertiga are its seating capacity (7-seats), practicality and the low cost of ownership.
3. Ford EcoSport - Yes, you read it right – Ford EcoSport. This compact SUV isn’t only a fun to drive, but attractive from a resale perspective. The EcoSPort can get as much as 87% of its ex-showroom price.
4. Maruti Suzuki Swift - Swift is the second Maruti product that has highest resale value in India. This is also one of the reasons behind its great demand in the market. The Swift has 85% value retention after 3 years.
5. Toyota Fortuner - Toyota Fortuner has the lowest running cost in its category. With over seven years of total dominance in the domestic market, the Fortuner has always been admired for its rugged design, robust built and off-road capabilities. A three year old model of the SUV can get up to 85% of its value.
6. Hyundai Verna - Hyundai Verna stands on the sixth position in the list of the best resale value cars in India. The saloon has 80% value retention even after 3 years.
7. Maruti Suzuki Eeco - The Eeco is the one of the most practical cars from the Indo-Japanese carmaker in India. With high demand in the commercial fleet market, the Eeco can bring you up to 80% of its total ex-showroom price.
8. Maruti Suzuki Swift DZire - Maruti Swift DZire is quite popular among private car buyers and fleet owners, courtesy to its low running cost, spacious interior and affordable price. The compact sedan can get you up to 80% of its value even after three years of usage.
9. Maruti Suzuki Wagon R - Score another one for Maruti Suzuki – the Wagon R retains 78% of its original value after three years. Ticking all the right boxes (spacious cabin, practicality and low cost of ownership), the Wagon R makes for a good value for money car.
10. Hyundai Elantra - In the premium sedan segment, Hyundai Elantra established itself as a key player. The saloon not only offers premium comfort and feel, but retains up to 78% of its value as well.
11. Maruti Suzuki Alto - Maruti Alto, India’s one of the top-selling hatchbacks, outshines all of its rivals in this respect. Having a low cost ownership, great city drivability and affordable pricing, the Alto can give you up to 78% of its total value even after 3 years.
12. Hyundai Santro Xing - Despite being discontinued in India, the Hyundai Santro Xing has a resale value up to 77% of its actual price. This iconic hatchback bid farewell to India in 2014.
13. Hyundai i10 - Introduced as a replacement to the Santro, Hyundai i10 can get upto 76% of its original price. The hatchback comes loaded with lots of features along with efficient engines and decent driving dynamics.
14. Renault Duster - First launched in 2015, the Renault Duster has always been known for its sporty styling, robust suspension setup and practicality. One major reason behind popularity of the Duster is its highest resale value. This compact SUV can bring you 76% value after 3 years.
15. Honda City - It came as a surprise for us too that the Hyundai Verna has beaten up its close rival – Honda City – in terms of resale value. While the former has 80% value retention, the latter on can get you 75% of its value.
16. Hyundai i20 - Hyundai i20 is among the most equipped, spacious and easy drive city cars in its category. The hatchback manages to retain 73% of its actual value after 3 years.
17. Mahindra Scorpio - Mahindra Scorpio is the most loved SUV among urban and rural buyers. Launched back in 2002, the SUV faced a close competition from the Tata Safari. And despite all odds, it created its own space and became a formidable player in its segment - all thanks to a great value for money proposition it offers. Currently, a three old Scorpio model can get you 72% of its ex-showroom value.
18. Mahindra Xylo - The Xylo is another Mahindra product with highest resale value in India. It’s a smart and affordable choice for the family car buyers. Even after three years, it can manage to give you 72% of its value.
19. Maruti Suzuki Ritz - The Maruti Ritz is one of the most practical cars in its segment. Besides this, there are multiple reasons why the Ritz has wide popularity among buyers and its resale value is an important part of the equation. The hatchback still can fetch you up to 72% of its ex-showroom price.
20. Hyundai Eon - After the Maruti Alto, the Hyundai Eon is the only entry-level small hatchback that marked its name in the list of highest resale value cars in India. This small car still manages to give you 68% of its value.