Comparison: New Maruti Suzuki Swift vs Used Maruti Suzuki Swift

The Maruti Suzuki Swift has been India’s perennial favorite for nearly a quarter of a century. It’s stylish, practical, a joy to drive, and fuel-efficient, all the reasons Indian car buyers swoon over. However, suppose you are currently in the market for a new vehicle. In that case, you are presented with a decision: do you purchase the brand-new showroom-badged Swift, or do you opt for a used Maruti Suzuki Swift with plenty of life still in it, yet selling for a much lower price?

That’s where our comparison steps in. A new vehicle offers you reassurance, warranty coverage, and advanced technology. Yet, buying a pre-owned Swift allows you to skip the largest drop in depreciation and possibly emerge with massive cost savings. From financing and insurance, through ownership experience, all the way to long-term retention, we’ll cover each crucial consideration in a bid to offer you the correct financial decision-making—an informed decision free from confusion and assumptions.

By the end of this article, you’ll be clear on which Swift is the smarter buy for you in 2025.

New Maruti Suzuki Swift: Quick Overview

The new Swift launched in India in May 2024 marked the fourth generation of the iconic hatchback. It features a new Z12E 1.2-litre three-cylinder petrol engine, replacing the outgoing K12. Along with the new power source, the exterior features a new design, new interiors, advanced technology, and enhanced protection.

True to its spirited powertrain DNA, the new Swift leans heavily on efficiency and modern touches, offering mild-hybrid technology with a CNG option across several trims.

Key Updates of New Maruti Suzuki Swift

• New Z12E 1.2-litre three-cylinder petrol engine
• Higher fuel efficiency with mild-hybrid system
• Improved AMT gearbox options
• Redesigned front and rear bumpers with LED DRLs
• Hidden rear door handles and better aerodynamics
• 9-inch floating touchscreen infotainment system
• Electronic parking brake and front parking sensors
• Enhanced safety features including 6 airbags (top variants)

New Maruti Suzuki Swift Ex-Showroom Price

Note: Prices may vary slightly by location and dealer discounts are not included.

Used Maruti Suzuki Swift: Quick Overview

When examining the pre-owned Swift market, you are primarily looking at the third-generation Swift, produced from 2018 to 2023. It had a 1.2-litre K12 fuel engine and underwent a major overhaul in 2021, when a DualJet engine was introduced, along with other new features.

Given how well the Swift sells in India, the pre-owned market is loaded with options in model year, fuel, as well as transmission configuration. Swift’s low maintenance cost and reliability make it very popular as a pre-owned vehicle.

Used Maruti Suzuki Swift Price Overview

The final price depends on the condition, location, and variant.

New Swift vs Used Swift: Financing Comparison

Let’s break down the actual costs of financing each version. We’ll compare a new 2024 Swift ZXi+ with a used 2023 Swift ZXi manual variant.

So yes, the used Swift is significantly cheaper, both upfront and in total outgo over the loan period.

New Swift vs Used Swift: Insurance Comparison

Insurance is another factor that many buyers often overlook. Here’s how it plays out over 5 years:

New Swift (2024 ZXi+ AMT)

• Initial Insured Declared Value (IDV): ₹10.5 Lakh
• First-Year Premium: ₹25,000 (approx.)
• Total 5-Year Premium (with depreciation): ₹75,000 approx.

Used Swift (2023 ZXi Manual)

• Initial IDV: ₹7 Lakh
• First-Year Premium: ₹18,000 (approx.)
• Total 5-Year Premium: ₹55,000 approx.

That’s a ₹20,000 saving over 5 years, with the used Maruti Swift ZXi manual variant again coming out on top.

New Swift vs Used Swift: Which to Choose?

Choosing between a new Swift and a used Swift depends on what matters most to you.

The new Swift features a new engine, updated interiors, advanced safety features, and improved fuel efficiency, with mild-hybrid variants available. It’s a good option for buyers who want new features and the satisfaction of a factory warranty, particularly for those with a plan for the vehicle lasting 5–7 years.

On the other hand, the second-hand Swift offers tremendous cost advantages—a total down payment and total financing of nearly ₹3 lakh. You still end up with a well-equipped, reliable vehicle, as long as you choose a second-hand Swift from the year 2021 onwards. Additionally, with its good resale value and low maintenance, it’s a value-for-money buy for value-conscious drivers or first-time buyers.

Bottom line? If you like the latest features, prefer zero history, and you are a long-term buyer, then a new Swift is a good buy. However, short- to mid-term value matters. If you prefer low insurance and EMI, then a pre-owned Swift is unbeatable.

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