Maruti, Hyundai or Tata? Which will have the best resale value after 5 years? Learn Comparative Analysis
- Maruti Suzuki: Highest even after 5 years due to largest service network and cheap spare parts 65% to 75% A brand that offers resale value.
- Hyundai: After 5 years due to strong service network and premium models like Creta 60% to 65% Brings good resale value up to.
- Tata Motors: Improved resale value after 5 years due to expanding service network and 5-star safety (Nexon/Punch) 58% to 65% Refunds are available.
Be it the rural areas of Maharashtra or metros like Mumbai-Pune, when buying a new car, Indian consumers ask ‘What price will the car get after 5 years?’ They definitely think this. The resale value of a vehicle in the second hand car market mainly depends on the credibility of the brand, service network and availability of spare parts.
Calculations of Service Network and Resale Value:
Maruti Suzuki –Powerful ace of resell
After five years, Maruti cars get a return of 65% to 75% of the original price. Cars like Swift, Dzire and VeganR have a very hot used market. Maruti service centers are spread to the remotest taluks of Maharashtra. Low maintenance cost and cheap spare parts make old Maruti cars find instant customers in the market.
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Hyundai– Benefits of features and premium feel
Hyundai cars get around 60% to 65% resale value after 5 years. Hot-selling models like the Creta are in huge demand in the second-hand market. Hyundai has a strong network in all major cities of Maharashtra. Also, the premium features make the car look fresh on the inside even after 5 years, so it fetches a good price in the market.
Tata Motors – Increasing demand for safety and indigenous brands
Tata’s resale value has now improved significantly as compared to earlier, from 58% to 65% after 5 years. Nexon and Panch are 5-star safety vehicles that are gaining popularity in the used market. Tata has rapidly expanded the number of service centers in Maharashtra; But in terms of service quality in some areas, there are still slight ups and downs compared to Maruti.
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conclusion
If your main priority is least maintenance and highest resale value, Maruti Suzuki is still number one. If you want better resale value with premium features, Hyundai is the option, while Tata is a good and safe choice for those who prefer solid build and 5-star safety.
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