7 of the Best Resale Value Cars in India
Did you know, that the used car market in our country is not only larger than the new car market, but is also growing at a faster rate? Well, yes. This is a fact.
More and more people in our country are trusting used cars, as they are not only more affordable, but are also more value for money. But, the biggest question every used car buyer wants to know is the correct value of the used car.
To help you with this problem, there is a solution. Orange Book Value is a simple tool which will help you get the fair market price of the used car or bike you are trying to purchase. Below are some of the best value for money used cars currently on sale at Droom.
1 – Maruti Suzuki Alto K10 – Price – INR 3.30-4.14 lakhs
At the top of the list is Maruti Suzuki Alto K10 which is priced from INR 3.30-4.14 lakhs at company showrooms but which would be available from INR 1.60 lakhs onwards in the used car markets. It is among the best value vehicles in India owing to its reputation of dominating the entry level hatchback segment.
Maruti Suzuki Alto K10 received its first facelift in November 2014. The current model is offered with petrol and CNG fuel options and in manual and AMT transmissions. Both get their power via a 998cc, petrol engine offering 67 bhp power at 6,000 rpm and 90 Nm torque at 3,500 rpm mated to a 5 speed gearbox. In petrol mode it offers 24.07 kmpl while in CNG mode fuel efficiency goes up to 32.26 km/kg.
2 – Maruti Suzuki Swift – Price INR 2.99-8.29 lakhs
A used Maruti Suzuki Swift is considered a good buy and good value for money considering Maruti Suzuki’s outstanding after sales service both for new and used cars. Rated among one of the best resale value cars in the country, the new Maruti Suzuki Swift continues to clock outstanding sales at an average of 15,000 units each month.
Maruti Suzuki Swift was initially introduced in 2005 and has been a popular choice for buyer in the hatchback segment. It received its update in the form of the third generation Swift showcased earlier this year at the 2018 Auto Expo. The new Swift is powered by a 1.2 liter K Series petrol engine offering 83 PS power and 113 Nm torque and a 1.3 liter DDiS diesel engine capable of 75 PS power and 190 Nm torque mated to a 5 speed manual transmission. Both engines are also offered with AMT with outstanding performance and fuel efficiency which stands at 22 kmpl (petrol) and 28.4 kmpl (diesel).
3 – Honda City – Price INR 8.72-13.82 lakhs
Priced from INR 8.72 lakhs to INR 13.82 lakhs for a new Honda City, a used model could be priced right from INR 3.75 lakhs onwards.
Among one of the best selling sedans in India ever since it was launched in 1995, Honda City received a mid life update in 2017. It is now seen with attractive new exterior updates and interior comforts and latest in technology. On the engine front, the new Honda City gets powered by a 1.5 liter petrol and 1.5 liter diesel. The 1.5 liter i-VTEC petrol engine offers 119 bhp power and 145 Nm torque mated to a 5 speed manual and automatic CVT gearbox while the 1.5 liter i-DTEC diesel is capable of 99 bhp power and 200 Nm torque mated to a 6 speed manual gearbox.
4 – Hyundai Elite i20 – Price INR 5.35-9.15 lakhs
Another hot favorite in the used market is the Hyundai Elite i20 premium hatchback. 2018 Hyundai Elite i20 was initially launched in India in 2014 and the new Elite i20 was officially introduced at the 2018 Auto Expo.
2018 Hyundai Elite i20 is presented in 14 versions of which 7 are petrol cars and 7 diesel variants. The petrol cars get their power via a 1.2 liter Kappa Dual VTVT engine offering 82 bhp power and 114 Nm torque mated to a 5 speed manual transmission. The diesel version gets a 1.4 liter U2 CRDi diesel engine offering 90 bhp power and 220 Nm torque mated to a 6 speed manual gearbox. The facelifted model also gets a 1.4 liter dual VTVT petrol engine generating 99 bhp power and mated to a 4 speed automatic torque converter.
5 – Renault Kwid – Price INR 2.67-4.64 lakhs
Renault Kwid on-road price starts at INR 2.67 lakhs but its used car market is also doing exceedingly well. The French automaker launched the Renault Kwid in India in 2014, which was the first time that an all new concept from a European company made its debut in the country.
In March 2017 Renault introduced the range topping Kwid called the “Climber” priced from INR 4.30-4.60 lakhs. In a year of launch, the Renault Kwid made it to the top 10 selling cars in India and is among the best resale value cars in the country as well.
Renault Kwid, in the entry level hatchback segment, is powered by a 799cc petrol engine offering 53 bhp power at 5,678 rpm and 72 Nm torque at 4,400 rpm offering 25.17 kmpl of fuel efficiency.
6 – Honda Amaze – Price INR 5.60-9.0 lakhs
Honda Amaze, an affordable subcompact sedan exudes quality and performance. It is offered in both petrol and diesel engine variants and is also considered one of the leading resale value cars in its segment.
Initially launched in India in April 2013, new generation Honda Amaze has carved a niche for itself as it competes with the likes of Maruti Suzuki DZire, Hyundai Xcent, Ford Aspire, Tata Tigor and Volkswagen Ameo in the compact sedan segment.
New Honda Amaze is powered by a 1.2 liter i-VTEC petrol engine and 1.5 liter i-DTEC diesel engine. The 1.2 liter petrol offers 90 PS power and 110 Nm torque while the 1.5 liter diesel is capable of 100 PS power and 200 Nm torque with both engines getting mated to 5 speed manual or CVT. The Amaze is highly fuel efficient delivering 19.5 kmpl and 27.4 kmpl respectively where it petrol and diesel engines with MT are concerned.
7 – Toyota Etios Liva – Price – INR 5.49-7.45 lakhs
It was the launch of Toyota Etios sedan in December 2010 that literally turned Toyota fortunes around in India. Today, Toyota is one of the major players in the Indian automobile sector. the company followed up on the Etios Liva sedan launch with Liva hatchback in June 2011.
Toyota Etios Liva hatchback competes with Maruti Suzuki Swift, Hyundai Grand i10 and Nissan Micra. It is capable of excellent handling and backed by Toyota’s outstanding sales and service networks, it makes for a great buy in the user car segment as well.
Toyota Etios Liva is powered by a 1.2 liter petrol engine offering 79 bhp power and 104 Nm torque. The 1.5 liter petrol engine is capable of 89 bhp power and 132 Nm torque while the 1.4 liter diesel engine gives out 67 bhp power and 170 Nm torque with all engines mated to a 5 speed manual transmission.
When buying a used car, it’s essential to find a platform that lists a wide range of vehicles to match individual buying preferences. Droom offers an exhaustive listing which considers all things on wheels, including aircraft.