One of the biggest automotive markets in the world, India is also, ironically, one of the most value-conscious ones. The average Indian car buyer wants to buy the best possible value for his money, especially when it comes to consumer durables and automotive. Hence, the resale market in India is huge, with a large demand for certified pre-owned cars. While the list of popular cars is seemingly unending, here is a definitive guide to the top 5 cars in the resale market in the country.
1) Fiat Linea
The poor branding and lack of robust after-sale support affected sale of Fiat Linea after its initial launch in India. But many people love a second hand Fiat Linea due to its rich look, luxurious interior and drive quality. The price of a 5-year old Fiat Linea ranges from Rs 2,75,000 to Rs 3,50,000. However, smarter buyers buy this from reliable used car marketplaces to ensure they are getting a good car.
2) Ford Ecosport
Second hand Ford Ecosport is hugely popular among buyers who love SUVs and the Ford name, but do not want to spend all that money on a new one. The Ford Ecosport scores over other used SUVs due to its spacious interior, comfortable driving position, and superb engine. The price of a 3-year-old Ford Ecosport varies between Rs 6,00,000 to Rs 6,75,000.
3) Honda City
The Honda City is one of those cars that has stayed popular in India years after its initial launch. Most car buyers love the car due to its spacious and modern interior, stylish exterior, build quality, and the ride quality. Due to its long lifespan and good service network, the Honda City also has tremendous demand in the resale market. The average price of a 5-6 year old Honda City ranges from Rs 4,75,000 to 5,25,000.
4) Maruti Swift
The favourite car of the Indian middle-class is also the king of the resale market. Its stylish look, comfortable interiors, sturdy engine, along with the ability of any small timer to repair a Maruti make it the ultimate dream of used car buyers. Those for whom the high price-tag of a new Swift is a deterrent opt for a second hand one to avail of the same comfort and quality without spending a lot of money. The price of a 5-year old Swift ranges from Rs 3,50,000 to Rs 4,00,000.
5) Hyundai i20
The combination of European aesthetics and spacious interior made Hyundai i20 a best-selling car in India within a short amount of time. Hyundai subsequently replaced the vehicle with Elite i20. But the original version of i20 is still hugely popular in the refurbished car marketplace. The 5-years-old i20 now costs between Rs 3,50,000 to Rs 4,50,000. The buyers can also avail of the efficient after-sale support network.