Cars that keep high resale value are vital choices in India. You’ll want to consider these models if selling in the future. A good resale price means you’ll get back solid cash when upgrading. Focusing on resale from the start helps maximize your investment returns. Some cars have excellent resale values here, making them smart buys. These vehicles hold value well over time. So if upgrading soon, these resale winners protect your initial purchase.
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To assist you in this endeavor, below is a compilation of the top used cars in Gurgaon with high resale value in India.
Top 6 Cars with Best Resale Value
When it comes to cars with excellent resale value in 2024, here are some contenders that stand out:
- Honda City:
The Honda City is highly regarded for its resale value, attributed to its dependable engine, roomy interior, and notable fuel economy. It boasts a 1.5-litre i-VTEC engine, achieving a harmonious blend of power and fuel efficiency. This ensures respectable performance with minimal fuel usage, even after three years of ownership, savvy buyers can expect to recoup up to an impressive 75% of the original purchase price. This is achieved mainly through strategic connections they have.
- Mahindra Scorpio:
The Mahindra Scorpio stands out as one of the top pre-owned vehicles in Gurgaon, credited to its powerful engine, attractive attributes, and a solid track record of dependability. With a strong 2.2-litre mHawk diesel engine, the Scorpio provides both high performance and lasting durability, offering 120 bhp of power and 280Nm of torque.
The car comes with two transmission options – six manual gears or six automatic speeds. That variety accommodates different driver preferences. After three years, you can sell the Mahindra Scorpio for about 60% of its original price. That attractive resale value attracts value-conscious buyers.
- Hyundai Creta:
The Creta stands tall as Hyundai’s top-selling car in India. It seamlessly blends modern features and engine choices galore. From petrol to diesel and turbo petrol variants, the Creta offers diverse options. Its value-for-money appeal and Hyundai’s reliable after-sales service boost its resale worth. The Creta is a consistent chart-topper in monthly best-seller lists.
The Creta’s resale value remains robust, fueled by strong demand for mid-size SUVs in new and used car markets alike. Even after three years, owners can expect to retain around 85% of its original price. The Creta’s remarkable resale value is a testament to its enduring popularity and quality.
- Maruti Suzuki Baleno:
Another notable entry from the Maruti family, the Baleno boasts an affordable price tag and offers many features and a robust infrastructure. Its impressive resale value is attributed to its durable engine, its commendable mileage of 20-24 kilometers per liter, and its extensive Maruti services across India.
These factors contribute to the Baleno’s enduring popularity and its ability to retain a significant portion of its value over time, making it a wise choice for resale-conscious buyers.
- Maruti Vitara Brezza
The Maruti Vitara Brezza shows how popular a car leads to a high resale value. The Vitara Brezza won the Pre-owned Car of the Year award in 2022 from Autocar. This shows its outstanding resale performance. Even after three years of owning the Vitara Brezza, it keeps 90% of its initial cost. The new Maruti Brezza replaced it this year, so the Vitara Brezza is only available in the used car market now.
Maruti has an extensive service network, and maintenance is affordable. These factors help the Vitara Brezza keep a high resale value. The Vitara Brezza also has a 4-star G-NCAP safety rating, making it one of the safest Maruti cars in India. This safety rating adds to its appeal and resale value.
- Toyota Innova Crysta
The Toyota Innova Crysta reigns supreme as the unchallenged leader in India’s Multi-Utility Vehicle (MUV) segment. It is often spotted with several hundred thousand kilometers registered on its odometer. Renowned for its robust engines, dependable infrastructure, and unparalleled passenger comfort, the Toyota Innova remains in consistently high demand across both the new and used car markets.
This enduring popularity directly translates into a notable resale value for the Toyota Innova. Even after three years of ownership, owners can expect to retain approximately 90% of its original value, reflecting its enduring appeal and reliability in the automotive landscape.
Conclusion
When considering to buy used cars in Gurgaon, it’s essential to factor in its resale value, indicating the return on investment when selling. In India, several cars stand out for their exceptional resale value, making them attractive choices for buyers seeking to maximize their investment. Ensuring favorable return on the initial investment is crucial, especially for those planning to upgrade to a new model. Buyers can make a wise and financially prudent decision by selecting cars known for their high resale value.