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Top 5 Popular Cars to Buy in the Used Car Market

Top 5 Popular Cars to Buy in the Used Car Market

Even though we love cars, the only undeniable fact remains that they are depreciated. A new car loses about 50 to 60 percent of its value within the first 3 to 4 years, meaning that in less than 5 years, the value of your car will be less than half of what you paid for it. A more practical and economical choice would be a used or used vehicle. They are much cheaper than a new car and hold a better value because depreciation slows over time. In fact, if your car is properly maintained, you can get almost the same value for it. So if you are also planning on getting one, here are 5 cars that are very popular in the used car market right now.

Maruti Suzuki Swift

India was first launched in 2005 and has seen three generations of the car so far and all three are available on the used car market in different price ranges.

The Maruti Suzuki Swift is one of the most popular cars in India. India was first launched in 2005 and has seen three generations of the car so far and all three are available on the used car market in different price ranges. However, we recommend that you go for the second generation model or higher, possibly something launched after 2010. You can get one for just over Rs. 2 lakh while for a more recent third generation model you would pay around Rs. 6 lakh to Rs. 8 million. The prices depend on the model year and the condition of the car.

Also Read: Top 5 Used Automatic Compact Sedans To Buy

Maruti Suzuki Baleno

You can find a used Baleno for about Rs. 5 lakh to Rs. 8 lakh, depending on the model year and condition of the car.

The Baleno is yet another popular car from Maruti Suzuki India and is also very popular in the used car market. Like all Maruti Suzuki products, the Baleno is currently petrol-only, but it used to come with a 1.3-litre diesel engine, which is the one we’d choose. However, the petrol option is equally good and you also get the option of a CVT automatic. You can find a used Baleno for about Rs. 5 lakh to Rs. 8 lakh, depending on the model year and condition of the car.

Hyundai Grand i10

Hyundai used to offer the Grand i10 with both petrol and diesel engine options, and the suggestion would be to look for the latter.

The Hyundai Grand i10 is also a very popular hatchback in the used car space and for those looking for a handy city car, an automatic is also available. Hyundai used to offer the Grand i10 with both petrol and diesel engine options, and the suggestion would be to look for the latter. The car offered a spacious cabin and good ride quality, and you can find a used Hyundai Grand i10 for around Rs. 3 lakh, with prices reaching up to Rs. 7 lakh, depending on the model year and condition of the car.

Hyundai i20

Hyundai offered the car with both petrol and diesel engine options, and the former also came with the option of a 4-speed automatic.

The Hyundai i20 is yet another popular choice when it comes to used cars. Like the Swift, the i20 has gone through two generations of upgrades, so you’re likely to find a ton of good options. Hyundai offered the car with both petrol and diesel engine options, and the former also came with the option of a 4-speed automatic. Depending on the model year and condition of the car, you can get one for anywhere between Rs. 3 lakh and Rs. 7 million.

Honda City

You can get a third or fourth generation Honda City for anywhere between Rs. 4 lakh and Rs. 9 lakh, depending on the model year and condition of the car.

The Honda City has always been a benchmark for compact sedans and is certainly famous in the used car market as well. India has had five generations of Honda City and the last one was launched in 2020. The City comes with the option of both a petrol and a diesel engine along with good driving dynamics. You can get a third or fourth generation Honda City for anywhere between Rs. 4 lakh and Rs. 9 lakh, depending on the model year and condition of the car.