For the third version of our used car studies, we partner with spin to find out how there are different models of segment and brands in the pre -owned market.
In a period of five years, diesel-manual repetition Hundai site All other sub-4-meters performed flat depreciation compared to compact SUVs. Interestingly, Diesel, a five-year-old site, exchanged hands for 68 percent of its original on-road value; In other words, it reduces only 32 percent in five years, which is commendable.
Autocar
The Hyundai site diesel depreciation at a slower pace than its section rivals.
This discovery is based on a joint study Autocar India In collaboration with spinni, a major used car platforms in 22 cities across India, including Delhi, Gurugram, Noida, Bangalore, Mumbai, Pune, Hyderabad, Chennai, Kolkata, Ahmedabad, and more. Spinni provided the average selling price (ASP) received from the actual transaction of 21,944 cars sold in its network during the 2024 calendar year. For the purpose of the study, if a particular model had several engine options of the same fuel type, or came to several variants, they were merged and average. The depreciation was calculated as a percentage difference between the on-road value of the car in the year of its construction and its resale price in 2024.
*ASP stands for average selling price; Dep stands for depreciation.
Focusing on others in the section, Maruti Brezza And Tata nexon Share top places in the new-car market. But in the car space used, the second generation of Brezza, launched in 2022, has exceptionally well kept its value in the first two years.
In terms of monetary value, the prices of examples used for Tata Nexon are at least, while Kia Sonnet And Mahindra XUV300 (now again as XUV 3xo) The most expensive.
Mahindra Tur The command of a reasonable strong residual value continues. On the other hand, due to its slow demand in the new car market, A Maruti Jimmy Instead of a 27 percent decrease in the first year itself, the price quickly loses the price. Similarly, between the two Bolero models, Bolero Neo Rapid depreciation compared to classic BoleroWhich benefits from a strong brand image and a dedicated customer base.
See also:
Maruti Dzire holds 70 percent of its price after 5 years: Autocar-Spanish study
Toyota Glanza prices are similar or less used compared to Maruti Baleno: autocar-spinony study
