Top 3 ‘big’ cars that offer best resale value – Mahindra Scorpio, Maruti Suzuki Ertiga and Toyota Innova

Life is fleeting and so are decisions. While buying a car based on value, consumers also consider the resale value it offers. A large number of five year old cars are available in the resale market, indicating that this is when most owners are willing to sell. However, three-year-old cars retain the most value especially for used cars.

Most often than not, popular brands and models generally have the best resale value. Sturdy large cars also tend to find a second hand market for those catering to those who offer commercial and taxi services. If you intend to buy a car only for a few years, then consider buying these models which offer the best value when you are selling it.

Mahindra Scorpio

The best of cars stand the test of time. This is very much true with the Mahindra Scorpio which was launched almost 19 years back. Its sturdiness, its ability to transport large volumes of people and baggage has made it a favourite. No wonder this six-seater provides the best value even in the second hand market. It is said that when a user sells it after three years (which is the last year when the best value of a second hand car can be attained), they can get over 60% of its original price. The demand is probably due to the appeal it has in tier-2 and tier-3 cities and towns.

Maruti Suzuki Ertiga

Yet another car, in its second-hand form brings in just as much value as Mahindra Scorpio is Maruti Suzuki Ertiga. The reason is simple -- even when it comes to first-hand sales, it has been extremely popular and was one the best sellers in the MPV segment in late 2020. While the numbers might have changed, its popularity remains intact going by its tagline-designed to impress.

Since there are a large number of variants, the ones which will receive the best price would be the automatic variant of ZXI AT. The fact that this car comes from the Maruti stable which has the best service network also provides consumers with comfort when it comes to possible servicing and repair.

Toyota Innova Crysta

The king of the release market however remains Toyota Innova Crysta. In the resale market, this MPV which is three years old, can fetch over 80% of the original price, which is almost unheard of. The reasons for this are many. The spacious car is popular with owners and cab operators due to its impressive mileage at 12-16 kilometers per liter.

Fuel economy aside, there are many factors that indicate that owning this vehicle can be light on the pockets. The spare parts for this car are fairly priced, which makes it easier for consumers to take a bet on a used car of this make.