Cars with the Best Resale Value in India

When purchasing a car, most buyers consider factors like price, mileage, and features. However, resale value is often overlooked. Resale value is an essential consideration for long-term financial planning. Cars with high resale value offer better returns when upgrading or selling.

Several factors influence a vehicle's resale value, including brand reputation, reliability, fuel efficiency, maintenance costs, and demand in the used car market. In India, Maruti Suzuki, Toyota, Hyundai, and Honda are known for producing cars that retain their value well over time. This article includes some of the best car for resale value, focusing on their specifications, engine performance, transmission options, and unique features.

List of best high-resale value cars

Here are some of the best cars with high resale value in India.

1.   Maruti Suzuki Dzire

The Maruti Suzuki Dzire is one of India's most popular compact sedans, known for its fuel efficiency, reliability, and affordability. Its consistent demand in both new and used car markets makes it one of the best cars with good resale value.

Why it has a high resale value:

• Fuel-efficient petrol and CNG options.
• Extensive service network across India.
• Trusted brand reputation of Maruti Suzuki.

2.     Toyota Innova Crysta

The Toyota Innova Crysta is an MPV (Multi-Purpose Vehicle) that enjoys unmatched reliability and comfort, making it a preferred choice for families and commercial fleet operators.

Why it has a high resale value

• Unmatched durability and low maintenance costs.
• High demand in both personal and commercial segments.
• Toyota’s strong reputation for reliability and resale value.

3.     Hyundai Creta

The Hyundai Creta is among the best-selling compact SUVs in India. Known for its modern design, premium features, and multiple engine choices, it holds its resale value exceptionally well.

Why it has a high resale value

• Premium SUV appeal with strong demand in the used car market.
• Multiple engine and transmission options cater to diverse buyers.
• Hyundai’s reliability and resale track record.

4.     Maruti Suzuki Swift

The Maruti Suzuki Swift has been a household name in India for years. It is a fuel-efficient and stylish hatchback that retains a significant portion of its value even after years of use.

Why it has a high resale value

• High demand in urban and rural markets.
• Maruti Suzuki’s affordability and service support.
• Proven reliability and resale strength.

5.     Honda City

The Honda City is a legendary sedan that has been one of the most aspirational cars in its segment. With a premium feel, reliable performance, and smooth CVT gearbox, it remains a sought-after car with the best automobile resale value.

Why it has a high resale value

• Premium appeal and brand trust of Honda.
• Efficient engines and refined performance.
• High demand in the sedan segment.

6.     Mahindra Thar

The Mahindra Thar is an iconic off-road SUV with a loyal customer base. Due to its rugged design, 4x4 capabilities, and lifestyle appeal, it enjoys excellent resale value.

Why it has a high resale value

• Strong interest in both urban and rural markets.
• Mahindra’s reliability and off-road heritage.
• Limited supply ensures high resale demand.

7.     Tata Harrier

The Tata Harrier is a premium mid-size SUV with a bold design and solid road presence. It enjoys high resale value due to its build quality, safety ratings, and feature-rich cabin.

Why it has a high resale value

• High safety ratings (Global NCAP-tested).
• Powerful diesel engine with great highway performance.
• Tata’s rising reputation for quality and reliability.

Conclusion

Choosing the best cars for resale value is a smart financial decision, as it reduces depreciation losses and ensures better returns when selling or upgrading. When buying a new car, it's advisable to consider factors like brand reputation, ease of maintenance, fuel economy, and resale trends.

Another important aspect of maintaining a car's value is having the right car insurance. A comprehensive car insurance policy will cover unexpected costs to repair damages because of accidents, theft, or natural disasters, which helps maintain its resale value. It also provides coverage against third-party liabilities.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the Insurance industry and products. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.