The Automotive India
The Automotive India

Go Back   The Automotive India > The Auto Talk > Indian Auto News

Indian Cars with Most Solid and Poor Resale Values

. This is a discussion on Indian Cars with Most Solid and Poor Resale Values within Indian Auto News Forums, Part of The Auto Talk category; There are many cars in our country, which are instant hit and hold the great resale value figures, but unfortunately, ...



Reply
 
Share This Thread Tools Search this Thread
Old 27th November 2010, 12:46 AM   #1
Elite
 
350Z's Avatar
 
Join Date: Aug 2009
Location: New Delhi
Posts: 12,655
350Z has disabled reputation
Default Indian Cars with Most Solid and Poor Resale Values

There are many cars in our country, which are instant hit and hold the great resale value figures, but unfortunately, some cars like Cedia, in spite of being good are going at cheap prices in the pre-owned car market. However, many factors influence the resale value of a car but let us today discuss about the resale value of various cars sold in India, along with the reason why it is solid or poor. To begin, I am adding some names of a few cars, reasons to follow shortly.

Cars sold in India with solid resale:
  • Maruti Swift
  • Honda City
  • Honda Civic
  • Toyota Corolla
  • Mercedes C-Class.
Cars sold in India with poor resale:
  • Ford Mondeo
  • Chevrolet Aveo
  • Hyundai Elantra
  • Hyundai Sonata
  • Mitsubishi Lancer Cedia
Drive Safe,
350Z
350Z is offline   Reply With Quote
Old 27th November 2010, 08:53 AM   #2
Professional
 
raj_5004's Avatar
 
Join Date: Aug 2009
Location: Mumbai
Posts: 4,172
raj_5004 has a spectacular aura aboutraj_5004 has a spectacular aura aboutraj_5004 has a spectacular aura about
Default

Good resale:

Hyundai Santro
Maruti Wagon R
Maruti Ritz
Maruti Dzire
Toyota Innova
Mahindra Scorpio
Mahindra Bolero
Toyota Corolla

Bad resale:

Chevy Spark
Chevy Beat
Tata Indica
Fiat Punto
Tata Sumo
Hyundai Accent
Sonalika Rhino!!!
Tata Indigo
Tata Safari
raj_5004 is offline   Reply With Quote
Old 27th November 2010, 11:26 AM   #3
Professional
 
cooldhaya's Avatar
 
Join Date: Oct 2009
Location: Chennai
Posts: 9,153
cooldhaya will become famous soon enough
Default

Another good thread 350Z , some interesting discussions are going to happen here analysing the reasons!


What about Fiat cars like Palio , Siena , Petra , Uno etc I think they also have poor re-sale value. And also cars like Ford Escort , Peugeot , Opel Astra , Daewoo Matiz , Mitsubishi Lancer also has poor re-sale value i guess.

Verna CRDI has good re-sale value! Similarly Toyota Qualis too has good re-sale value!
cooldhaya is offline   Reply With Quote
Old 27th November 2010, 03:19 PM   #4
Professional
 
raj_5004's Avatar
 
Join Date: Aug 2009
Location: Mumbai
Posts: 4,172
raj_5004 has a spectacular aura aboutraj_5004 has a spectacular aura aboutraj_5004 has a spectacular aura about
Default

I think we should discuss about cars currently in production. Cars out of production will anyways suffer from poor resale unless its a OHC or lancer!
raj_5004 is offline   Reply With Quote
Old 27th November 2010, 09:22 PM   #5
Professional
 
cooldhaya's Avatar
 
Join Date: Oct 2009
Location: Chennai
Posts: 9,153
cooldhaya will become famous soon enough
Default

Oh yes i get it , you missed out Qualis!


But Fiat Punto and Chevy Beat poor re-sale value? Is it? Why?
cooldhaya is offline   Reply With Quote
Old 27th November 2010, 10:00 PM   #6
Professional
 
raj_5004's Avatar
 
Join Date: Aug 2009
Location: Mumbai
Posts: 4,172
raj_5004 has a spectacular aura aboutraj_5004 has a spectacular aura aboutraj_5004 has a spectacular aura about
Default

@ dhaya: Qualis is not in production!

Punto - no fault of the car, just the brand image & Tata A.S.S. My relative in Kerela needed a second hand hatch & he found 2 pretty new puntos at a very cheap price.

Beat - same with the beat. maybe since its not selling well, god knows for what reason.
raj_5004 is offline   Reply With Quote
Old 28th November 2010, 08:13 AM   #7
Amateur
 
sriharsha's Avatar
 
Join Date: Sep 2009
Location: KA 17, KA 27, KA 05
Posts: 967
sriharsha has disabled reputation
Default

to which category does the baleno fall into???
sriharsha is offline   Reply With Quote
Old 28th November 2010, 09:04 AM   #8
Professional
 
raj_5004's Avatar
 
Join Date: Aug 2009
Location: Mumbai
Posts: 4,172
raj_5004 has a spectacular aura aboutraj_5004 has a spectacular aura aboutraj_5004 has a spectacular aura about
Default

Again, discontinued!
raj_5004 is offline   Reply With Quote
Old 28th November 2010, 01:12 PM   #9
RSM
Professional
 
RSM's Avatar
 
Join Date: Sep 2009
Location: Bokaro/Bangalore
Posts: 4,104
RSM is on a distinguished road
Default

Quote:
Originally Posted by raj_5004
Punto - no fault of the car, just the brand image & Tata A.S.S. My relative in Kerela needed a second hand hatch & he found 2 pretty new puntos at a very cheap price.
Rajeev, no offence, but you seems to have some bad image set-up in your mind. And you don't want to come out of it.
Mahindra is as bad as Tata (almost) how can Scorpio has good resale?

You are just giving verdict just based on what you heard of your friends.
I am not defending Punto, for resale value. It will have poor resale compared to Marutis, but its very early to give the trend. It is going to take sometime for newer cars to set resale values. Fiat's older cars like Palio, UNO etc have poor resale.
RSM is offline   Reply With Quote
Old 28th November 2010, 01:25 PM   #10
Professional
 
raj_5004's Avatar
 
Join Date: Aug 2009
Location: Mumbai
Posts: 4,172
raj_5004 has a spectacular aura aboutraj_5004 has a spectacular aura aboutraj_5004 has a spectacular aura about
Default

Quote:
Originally Posted by RSM
Rajeev, no offence, but you seems to have some bad image set-up in your mind. And you don't want to come out of it.
Mahindra is as bad as Tata (almost) how can Scorpio has good resale?

You are just giving verdict just based on what you heard of your friends.
I am not defending Punto, for resale value. It will have poor resale compared to Marutis, but its very early to give the trend. It is going to take sometime for newer cars to set resale values. Fiat's older cars like Palio, UNO etc have poor resale.
no offence taken buddy. I do not agree that mahindra is as bad as tata, not even almost. yes, the A.S.S is as bad. boleros & scorpios enjoy better resale than sumos & safaris, as owners face lesser issues with mahindras & mahindra vehicles are known to last longer, so they have a good reputation in the second hand market.

Get a quote from a second hand dealer for a scorpio & safari & you would know the difference. For your comparison, you can even check carwale.

I just added punto based on my recent experience buddy. by the way, my relative ended up buying a second hand i20. both cars had approx 20k on the odo, the punto was top end while the i20 was base variant, still the punto was cheaper. he bought the i20 fearing the resale value of the punto after 5-6 years when he plans to upgrade to a sedan.

that said, i still say the car is not at fault, its a superb car. given a choice, i would opt for the punto petrol over the i20 petrol as i dont care about A.S.S or resale.
raj_5004 is offline   Reply With Quote
Old 28th November 2010, 03:03 PM   #11
Professional
 
jayadev's Avatar
 
Join Date: Nov 2010
Location: kannur,kerala
Posts: 2,286
jayadev will become famous soon enough
Default

Quote:
Originally Posted by 350Z
Cars sold in India with poor resale:
  • Ford Mondeo
  • Chevrolet Aveo
  • Hyundai Elantra
  • Hyundai Sonata
  • Mitsubishi Lancer Cedia
Drive Safe,
350Z
heart felt to note that the best of the lot is in dejected condition.

Last edited by jayadev; 28th November 2010 at 03:03 PM. Reason: Please EDIT Post within 15 Mins, Posts Auto-Merged.
jayadev is now online   Reply With Quote
Old 29th November 2010, 12:19 PM   #12
Professional
 
type-r's Avatar
 
Join Date: Aug 2009
Location: Bangkok, Thailand
Posts: 2,399
type-r is on a distinguished road
Default

I agree with TATA Indigo's bad resale. We got one recently for quite cheap and very nicely maintained!
type-r is offline   Reply With Quote
Old 29th November 2010, 01:24 PM   #13
Professional
 
vijay's Avatar
 
Join Date: Aug 2009
Location: Ahmedabad
Posts: 1,292
vijay is on a distinguished road
Default

well basically any maruti product would sell in good numbers even though being in used market same case lies with tata with brand image working on both the markets.
Mahindra has mixed reactions at new cars and in used market.
Also add hyundai accent in bad resale value list.
Ford's fiesta also carried bad resale value.
vijay is offline   Reply With Quote
Old 29th November 2010, 01:34 PM   #14
Amateur
 
sgirish's Avatar
 
Join Date: Jun 2010
Location: Maharashtra, India
Posts: 104
sgirish is on a distinguished road
Default

From what I have observed,

Maruti and Hyundai enjoy a better resale value while Ford and Chevy lag behind. Tata is another one that does poorly in comparison to Mahindra. Honda and Toyota rule the roost while Skoda sinks like a tank. The game in the segments higher up is slightly different as most luxury cars tend to drop significantly in their resale values.

But then again, it is the re-sale values that reveal such interesting gems in the used car market

For me, wheels are meant to be enjoyed. So long as I don't sink in my money with my eyes wide shut, I should have no reason to complain about.
sgirish is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Which Indian Cars You Hate? rijish Indian Auto News 67 25th February 2012 06:50 PM
Why Most Indian Cars Are Front Wheel Drive? karthik.a The Technical Zone 28 4th January 2012 11:55 AM
OM SAI HONDA, Mahim, Mumbai: Poor Service in Delivering ACTIVA DLX! gears1313 Dealership Reviews 48 25th November 2011 05:04 PM
Proton cars on Indian roads jj1308 Indian Auto News 20 9th November 2010 05:41 PM
SIAM Certified Mileage Figures of Indian Cars 350Z Indian Auto News 17 30th April 2010 03:19 PM


All times are GMT +5.5. The time now is 03:14 PM.


Powered by vBulletin®
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO ©2011, Crawlability, Inc.
©2008 - 2012, The Automotive India. All Rights Reserved. Sai