Posts tagged: second hand sedan

Buying a second hand car in the Indian automobile market is considered a very wise decision, provided you choose the right car. Often, while buying a used car, people only look at its current price and looks, but forget the most important aspect i.e. 'resale value'.

If you choose a strong sedan or hatchback from the second hand market which is always in demand, then you do not have to face huge financial loss on selling it even after using it for years. Some cars from companies like Maruti Suzuki, Honda and Hyundai retain their value even when old due to their excellent build quality, low maintenance costs and nationwide service network. Let us know about 3 such evergreen cars.

1. Maruti Suzuki Swift

Maruti Swift remains the first choice of Indian customers in the hatchback segment. This car with sporty design and strong mileage gets sold instantly as soon as it comes in the second hand market. Its biggest feature is its low-maintenance and easily available spare parts. Due to its huge demand from youth segment to small families, even a 3 to 5 year old Swift easily recovers around 65% to 70% of its original price, thus keeping your investment safe.

2.Honda City

If you are looking for a premium and strong sedan, there can be no better option than Honda City. The i-VTEC petrol engine of this car, which has ruled the mid-size sedan segment for decades, is known for its unmatched performance and longevity. Due to the comfortable cabin and premium ride quality, the resale value of the old Honda City is excellent. In the second hand market, this car has the power to retain about 75% of its value even after 3 years.

3. Maruti Suzuki Dzire

Maruti Dezire is a better option for those who want the luxury and excellent mileage of a sedan in a low budget. Due to the huge demand in both personal and commercial segments, the depreciation rate of this vehicle is very low. Due to its mechanical simplicity and excellent resale value, when you go out to sell it in the used car market even after years, you will find no dearth of customers and you will get an excellent return.