As the auto market is witnessing a surge in the prices of cars/SUVs in the country, buyers rely on the used car market to get a good deal. Even though many cars in the used car market are available at significantly lower prices, some used cars are priced similar to its new models. So, today we will have a look at cars to avoid in the used car market as it will be more feasible to buy a new one.
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Used Cars – Toyota Fortuner
The first car to avoid in the used car market is the Toyota Fortuner. The Toyota badge has been popular in the country due to its reliability which caters a good resale value. Similar to the Fortuner hefty price tag, a used Fortuner also has a massive asking price. The 2019 model of the SUV has an asking price of Rs 33 lakh in the used car market, and it increases depending on the model year.
Talking about the powertrain, the Fortuner comes with a 2.7-litre petrol engine or a 2.8-litre turbo-diesel engine. Transmission duties are handled by a 6-speed manual or a 6-speed automatic transmission.
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Toyota Innova
The next on the list is again Toyota’s popular MPV, Innova. Toyota’s reliability and brand value along with Innova’s popularity helps the model get good resale value. Launched back in 2005, the MPVs popularity has made it a household name and a symbol of trust and dependability.
The Toyota Innova is a spacious and comfortable 7-seater MPV. Talking about the model, even 1 lakh km running models have a good value in the used car market. Additionally, many Innova owners refrain from selling their model making it unavailable in the used car market. However, if you are planning to buy a Used Innova you can get the 2019 model starting from Rs 22 lakh. Said that, you can buy a brand new Innova Crysta at Rs 24.29 lakh (on-road, Mumbai).
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Maruti Dzire
Apart from the Toyota models, Maruti Dzire is also considered as one of the most non-depreciating sedans in India. Reports suggest, Dzire can retain up to 86% of its value within the first year and 68% after four years. So, despite its decreasing demand the Maruti Dzire stands to have one of the best resale value in the country. Talking about the used car market, you can buy a used Maruti Dzire between Rs 6-7.5 lakh which is similar to its current new on-road pricing.
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Used Cars – Maruti Ertiga
After the Maruti Dzire another Maruti car to have a good resale value is the Maruti Ertiga. The Maruti Ertiga is a popular MPV in the country, due to its increasing demand the model caters a good resale value. Apart from its good resale value, the MPV also attracts lower maintenance cost which makes it one of the top choices to go for.
Now talking about the model in the used car market, you can buy a used Ertiga between Rs 11 lakh and Rs 13 lakh. Said that, the new Maruti Ertiga is currently priced between Rs 10 lakh and Rs 15 lakh (on-road, Mumbai). So these pricing makes the Ertiga to be avoided in the used car market.
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