Do you own a car? Are you in the process of getting one? If Yes, do you often find yourself asking this one question, “How much will my car be worth when I decide to sell it?”. Then, you, my friend have been bit by what we call in the car market jargon, the ‘Resale Value’ bug.
Ye Resale Resale Kya Hai?
A car’s resale value is the value (in terms of money) the car is expected to fetch in the market at a given point of time.
This resale value is dependent on a lot of external factors other than the condition of the car itself. A ‘well maintained’, ‘in-demand’, ‘popular model’ of a ‘reliable brand-name’ will therefore have a good resale value in the market.
Why Should I Care About Resale Value?
Now let me tell you why you and I should be worried about Resale Values. As facts have it, ownership cycles in India have fallen from 6-8 years from a decade ago to 3.5-4 years at present.
For those who don’t know, ‘Ownership Cycle’ can be defined as the number of years a typical person holds on to a car before selling it.
So, on average, a typical car owner in India, holds onto his/her car for only 3-4 years before selling it. The reason being rising per capita incomes, falling costs of automobiles, demand for multiple cars in a family, etc.
For an investment as big as a car, it makes perfect rational sense to be worried about what value you can salvage out of the investment. And, hence, the fuss about Resale Value.
Hatchbacks with Best Resale Value in India
Note: Resale values provided are merely estimated values based on market data calculated using Spinny Star Price Engine and may vary based on variant, mileage, location and other factors.
A hatchback provides the essential features of a sedan while at the same time being pocket friendly, which explains why hatchbacks are such a hit with us Indians. Here’s a list of the top 5 hatchbacks with the best resale value:-
Maruti Suzuki Swift
Maruti has established itself as a household name, and it has always garnered attention by providing cars that are equipped with praiseworthy features at a reasonable price. Leading the way as well as the list of hatchbacks with best resale value is the Swift which comes with a great performance, reliable brand-name, low maintenance costs & easy availability of spares. Swift is also one of the top favorite cars among Used Car Buyers. Talking about its mileage, it also provides a decent 23.4 Kmpl (ARAI) in its Diesel variant and 20.4 Kmpl (ARAI) for the Petrol version. The Swift also comes equipped with safety features such as front dual SRS airbags, child-lock, ABS, and an auto-lock system. All of these points make the Maruti Suzuki Swift one of the best hatchbacks in terms of Resale Value.
Check Your Car’s Resale Value here.
The Hyundai i20 gained popularity because of its brand value, and superb performance. It established itself as a benchmark for feature rich comfort in the premium compact segment due to which it is the second car on the hatchbacks with best resale value list. This car comes loaded with features like a touchscreen infotainment system, steering mounted controls & a cooled glove box too among others. The diesel variant is powered by a 1.4 L CRDi engine (89 bhp, 220 Nm) mated to a 6-speed gearbox. The petrol variant is powered by a 1.2 MPi motor (83 bhp, 115 Nm) mated to a 5-speed gearbox.
With stylish exteriors and spacious interiors, it has won accolades and has proven to be a good investment overall. Hyundai has plenty of service stations all over the country, it is known for producing low maintenance cars with longevity.
Also Read : The Rich History Behind Hyundai Made in Korea: Chung Ju-Yung and the Rise of Hyundai
The third car on the car on the hatchbacks with best resale value list, Beat has been admired for its compact yet smart design, and has been considered the most fuel efficient car in its segment. Chevrolet has manufactured top cars throughout the years, and Beat has proven to be yet another popular car with great features such as “Intelligent Launch Support System” which enables smooth drives on hilly terrains, smart engine and clutch mode which boosts its fuel efficiency along with Pro-Vario Assist Featherlite APS for effortless maneuvering.
Power is supplied by a 1.2 L petrol engine (79 bhp, 108 Nm) & a 1 L diesel engine (57 bhp, 150 Nm). Both engine options come mated to a 5-speed gearbox. Beat boasts of a good resale value due to its smart features and longevity.
Also Read : A 26 Year Old Coder’s Experience of Buying a Chevrolet Beat from Us – Boman and his Exciting Weekends
Maruti Suzuki Wagon R
Another stellar car from the most popular manufacturer in the country, the WagonR is admired for being eco-friendly, as it also comes equipped with an engine which is powered by CNG, which makes it a suitable choice at a reasonable price. Another offering from the Indian-friendly Maruti Suzuki’s stables, Wagon R is well known for its durability which is what makes it the fourth car on the list of hatchbacks with best resale value.
Both the petrol & CNG variants are powered by a 1 L K10 engine. The CNG churns out a tidy 58 bhp of power & 77 Nm of torque whereas the petrol gives 67 bhp of power & 90 Nm of torque. Both are mated to a -speed manual transmission. The top end variant boasts of both airbags & ABS. Maruti has always given us cars that provide amazing fuel economy, zero hassles in terms of its maintenance costs, and due to its popular among the masses, it has a good resale value.
Also Read : How to Sell Used Car on Olx India, or any other Classified: Step by Step Guide
Yet another star performer, the Hyundai i10 is reliable, and if well-maintained can fetch a good resale value. Low maintenance costs, stylish looks and durability are the core features of the i10 make it the 5th car on the list of hatchbacks with best resale value.
Powered by a 1.1 Litre iRDE2 engine which gives 68 bhp of power & 99 Nm of torque, the i10 with its smart design is not only aesthetically appealing, but with an ARAI approved mileage of 19 kmpl, it is light on the pocket too. Just like its peers, it comes mated to a 5-speed transmission. However, the i10 does look forsafety features like airbags and ABS.
Also Read : Know more about the i10 Hyundai i10 Review
|Check Your Car’s Resale Value|
Do you happen to own any of the above hatchbacks with the best resale value? Let, us know in your comments below.