6 Most Popular Vehicles Available In The Used Car Market
Highlights
- The pre-owned car market in India is growing exponentially
- Swift, Alto, WagonR, i20, City & Innova are popular in used car market
- Depending on where you search you can find several good options
The used car market is gaining quite a bit of momentum in the Indian automotive space. In fact, according to the research published in Indian Blue Book, in FY20 the pre-owned car market in India stood at 4.2 million units, 50 per cent higher compared to new car sales, which stood at 2.8 million units during the same period. Post-COVID-19 this trend has only grown as the need for social distancing has increased the need for personal mobility. Depending on where you look, you can find hundreds of options, however, some models continue to remain among the most popular cars in the used vehicle market, and here, we have listed down six of them.
Also Read: 7 Benefits Of Buying A Used Car
Maruti Suzuki Swift
The Maruti Suzuki Swift has been a crowd favourite in India ever since its launch in 2005, and the trend remains the same for both the new and used car market. In the last 15 years, Maruti Suzuki has launched three generations of the Swift hatchback in India, and you can find all three of them in the used car market. Today you can get a decent 2014 or 2015 model year Maruti Suzuki Swift for Rs. 3 lakh to Rs. 4 lakh.
Also Read: 6 Cars You Should Consider Buying From the Used Car Market
Maruti Suzuki Alto
The Maruti Suzuki Alto has been the quintessential Indian family car for years now, and like the Swift, the Alto too has witnessed great demand in the used car market. The car is compact, drives decently well, and is very affordable, especially in the used car market. Plus, now you also get the Alto models with company fitted CNG tanks, which makes it a top choice for anyone looking for a frugal city car. You can find a good 2015 or 2016 Alto for around Rs. 2.5 lakh or less.
Also Read: Buying Used Cars From A Dealer Vs An Individual Seller - Pros & Cons
Maruti Suzuki WagonR
Yet another Maruti Suzuki that has been highly popular in the used car market is the WagonR. Like the Swift and Alto, the WagonR too has been one of the top-sellers in the company's list, and it has managed to replicate the trend in the used car space as well. A quick online search on any of the popular used car websites will give you hundreds of good listings from across India. The WagonR has been the go-to tallboy hatchback in India for the longest time and, like the Alto, this one too comes with a company-fitted CNG system. You can find a decent 2015 model year WagonR for a little over Rs. 3 lakh.
Also Read: Buying A Used Car vs A New Car - Pros And Cons
Toyota Innova
Like Maruti Suzuki car, Toyota cars too hold high resale value and the Innova is among the company most popular offerings, both as a new car or as a used car. A pre-owned Toyota Innova makes for a great buy for anyone looking for a larger MPV on a budget. Depending on the city or state, you can get a decent, fairly new Innova for around Rs. 7 lakh to Rs. 10 lakh and that's almost 50 per cent less than the asking price of a new Innova Crysta.
Also Read: Things You Need To Do At The Time Of Buying A Used Car
Hyundai i20
The Hyundai i20 has been hugely popular in India and even today continues to be among the top 10 best-selling cars in the country. It was the car that set the trend for premium hatchbacks in India and it continues to be in demand both in the new and used car space. The car offered great looks, powerful engines and great creature comforts. Today you can get a decent 2015 model year Hyundai i20 for anywhere between Rs. 4 lakh to Rs. 5 lakh.
Honda City
The Honda City has always been a benchmark in the compact sedan space, and it is certainly famous in the used car market as well. Also, because the company launches a new-gen model almost every 4 to 5 years you can get a fairly recent Honda City at a very attractive price in the used car market. A top-end model of the previous-gen Honda City is available from anywhere between Rs. 5 lakh to Rs. 6.5 lakh, which is over 50 per cent less than what is its ex-showroom asking price as a brand new model.
Last Updated on April 29, 2021