When it comes to buying a used car, many people focus on getting the best value for their money. This includes considering factors like the condition of the car, its features, and how well it holds its value over time. If you're on a budget and looking for a used sedan under ₹10 lakh, you're in the right place. In this blog, we'll explore the best sedans with the highest resale value, specifically focusing on models that are available for under ₹10 lakh.
We'll also cover some popular options like Maruti Suzuki Dzire, Honda Amaze, Honda City, Maruti Suzuki Ciaz, and Tata Tigor, which are known for their great resale value. Let’s dive in!
What is Resale Value, and Why Should You Care?
Resale value is simply the amount of money you can expect to get when you sell the car in the future. A car that has a high resale value means that after a few years, when you decide to sell it, you can still get a good amount of money for it.
Why is this important? Well, buying a car is a big investment, and knowing that you’ll be able to sell it for a decent price later can help you recover a part of the money you spent on it.
Top Sedans That Hold Their Value Well
When buying a used sedan under ₹10 lakh, it’s important to focus on models that are known for maintaining their value over time. Let’s take a closer look at some of the best sedans that are popular in India for their high resale value.
1. Maruti Suzuki Dzire
Maruti Suzuki Dzire is one of the most popular sedans in India, and it consistently ranks as one of the best resale sedans. It's known for its fuel efficiency, low maintenance costs, and reliable performance. These factors make the Dzire a favourite among used car buyers.
Why does the Dzire hold its value well?
- It’s a Maruti Suzuki car, which is known for its wide service network and affordability.
- Fuel efficiency is a key selling point.
- Brand reliability ensures that the car runs well even after many years.
According to a report by Autocar India, the Maruti Suzuki Dzire has one of the highest resale values in the sub-₹10 lakh category, with a 50-60% resale value retained after 5 years.
2. Honda Amaze
Honda Amaze is another sedan that does exceptionally well when it comes to resale value. Honda has a reputation for building cars that last a long time, and the Amaze is no exception. The Amaze offers a smooth driving experience, spacious interior, and good fuel efficiency, making it a popular choice for families.
Why does the Amaze retain value well?
- Honda’s reputation for durability and quality.
- Spacious cabin and premium features.
- Excellent after-sales service and availability of parts.
A report from CarWale reveals that the Honda Amaze holds around 55% of its value after 5 years.
3. Honda City
If you want a sedan that blends luxury, comfort, and high resale value, the Honda City is a top pick. The City has been a bestseller in India for over two decades. It’s a sedan that appeals to both young professionals and families because of its stylish design and premium features.
Why does the Honda City hold its value?
- It’s a premium sedan with excellent build quality.
- Honda’s brand value boosts its resale price.
- The interior and driving comfort are considered top-notch.
The Honda City has one of the highest resale values in the used car market, with some versions holding up to 65% of their value after 5 years, according to IndianBlueBook.
4. Maruti Suzuki Ciaz
The Maruti Suzuki Ciaz is a stylish, spacious sedan that offers great features at an affordable price. It's known for its premium feel, fuel efficiency, and smooth performance. The Ciaz competes with models like the Honda City, but it comes at a more affordable price, which adds to its appeal in the used car market.
Why does the Ciaz maintain its value?
- Good fuel economy and low maintenance costs.
- Spacious interior and comfortable ride.
- Brand reliability of Maruti Suzuki.
Maruti Suzuki Ciaz retains about 55-60% of its resale value after 5 years, according to CarDekho.
5. Tata Tigor
The Tata Tigor is a compact sedan that stands out for its unique design, build quality, and affordable pricing. It's a great choice for those looking for a sedan with a higher safety rating and solid performance. While it may not have the same brand value as Honda or Maruti Suzuki, it has grown in popularity due to its ruggedness and feature-packed offerings.
Why does the Tigor hold its value?
- Strong build quality and safety features.
- Low maintenance costs.
- Excellent after-sales service from Tata.
The Tata Tigor holds up to 50% of its resale value after 5 years, according to Used Car Market Insights.
Tips to Ensure High Resale Value
If you want to make sure your used sedan stays valuable over time, here are some tips:
- Regular Maintenance: Keep your car in good condition by sticking to the manufacturer’s recommended maintenance schedule. A well-maintained car retains its value better.
- Keep the Original Parts: Always use genuine spare parts and keep a record of all repairs and maintenance.
- Avoid Custom Modifications: Customized cars may not appeal to a broad audience when it comes time to sell, so it's best to avoid modifications that affect the car’s original design.
- Low Mileage: A car with low mileage generally has a higher resale value. The more you drive, the lower the resale value.
- Clean Interior and Exterior: A clean car, inside and out, makes a great first impression. Regular washes and cleaning will help maintain the condition of the car.
What Should You Remember When Buying a Used Sedan?
When buying a used sedan under ₹10 lakh, make sure to:
- Check the car's service history: This will give you a good idea of how well the car has been maintained.
- Inspect the car thoroughly: Look for any signs of accidents, repairs, or wear and tear.
- Test drive the car: This will help you get a feel of the car’s performance and comfort.
Key Factors That Affect the Resale Value of a Sedan
When purchasing a used sedan under ₹10 lakh, it's important to understand what factors can impact the resale value of the car in the future. Here are some key elements that influence how much your car will be worth when you sell it:
1. Brand Reputation and Reliability
A car brand's reputation plays a huge role in its resale value. Popular brands like Maruti Suzuki, Honda, and Hyundai are known for their reliability and lower maintenance costs, which makes their cars more desirable in the used car market. On the other hand, cars from lesser-known brands or those that have a reputation for reliability issues may see a depreciation.
2. Car Condition (Exterior and Interior)
The condition of the car is one of the biggest factors influencing resale value. A sedan with a well-maintained exterior and interior (no major dents, scratches, or tears) will fetch a higher resale value. Regular maintenance, avoiding accidents, and using seat covers and floor mats help in keeping the car’s condition in check.
3. Mileage and Age of the Car
As a general rule, the more you drive, the lower the resale value. Cars with low mileage (less than 1,00,000 km) generally hold their value better. Additionally, the age of the car also plays a big role. Newer cars are likely to have a higher resale value as they have more modern features and fewer chances of technical issues.
4. Fuel Type (Petrol vs. Diesel)
Diesel cars typically hold their value better than petrol cars because they tend to last longer and offer better fuel economy, especially in long-distance driving. However, with the increasing popularity of electric vehicles and stricter emission standards, diesel cars might see a drop in resale value in the future.
5. Service and Maintenance History
A well-documented service history adds value to a used car. If you’ve regularly serviced the car and maintained it according to the manufacturer’s guidelines, you can expect to get a better price when you sell it.
How to Find the Best Used Sedan Deals Under ₹10 Lakh
If you're on the hunt for a used sedan under ₹10 lakh, here are some tips to help you get the best deal while ensuring that you're getting value for money.
1. Check Online Marketplaces
Online platforms like Carchhe are excellent resources for finding used cars. They offer wide choices, allowing you to compare prices, features, and conditions of various used sedans within your budget.
Tip: Always check the reviews of the sellers and verify the car's history through a trusted source.
2. Visit Certified Used Car Dealerships
If you’re looking for a more reliable option, certified pre-owned cars from dealerships are a great choice. These cars come with a warranty and have been inspected and refurbished, making them a safer choice compared to buying from an individual seller.
3. Negotiate the Price
Don’t settle for the listed price. Negotiation is a common part of buying a used car. Research the car's market value and condition before negotiating. Sellers may be willing to lower the price if they’ve had the car listed for a long time.
4. Get a Professional Inspection
Before finalising the purchase, have a trusted mechanic inspect the car. They can spot any potential issues that could cost you money down the line. Pay attention to key areas like the engine, suspension, brakes, battery, and tires.
Note: Getting a professional inspection will save you from buying a car that requires major repairs.
You May Also Like to Read this Article - 5 Mid-Size SUVs With the Largest Boot Space In 2025
Best Sedan Options Under ₹10 Lakh Based on Fuel Efficiency
Fuel efficiency is one of the most important aspects when buying a used sedan. A sedan with good mileage will help you save money in the long run, especially if you drive regularly. Here’s a list of the top sedans that offer excellent fuel efficiency under ₹10 lakh:
1. Maruti Suzuki Dzire (Petrol: 24.12 km/l)
The Maruti Suzuki Dzire is not only known for its high resale value but also for its impressive fuel efficiency. The Dzire offers an excellent mileage of 24.12 km/l (Petrol), making it one of the most fuel-efficient sedans in its category.
2. Honda Amaze (Petrol: 18.6 km/l)
The Honda Amaze offers a good mix of fuel efficiency and performance. With a mileage of 18.6 km/l, the Amaze is a great option for those looking to save on fuel costs without compromising on comfort.
3. Maruti Suzuki Ciaz (Petrol: 20.65 km/l)
Another great fuel-efficient option, the Maruti Suzuki Ciaz offers 20.65 km/l mileage for the petrol variant. The Ciaz’s refined engine and smooth driving experience make it a popular choice for family use.
4. Honda City (Petrol: 17.8 km/l)
The Honda City might not have the best fuel efficiency in this list, but at 17.8 km/l, it still performs well for a sedan in this segment. Additionally, the City offers a premium driving experience with its stylish design and features.
5. Tata Tigor (Petrol: 20.3 km/l)
The Tata Tigor is one of the most fuel-efficient compact sedans on the market, with a mileage of 20.3 km/l. It offers a comfortable ride and great value for money, especially for those who are looking for an economical sedan.
Top Features to Look for in a Used Sedan Under ₹10 Lakh
When buying a used sedan, make sure to check if the car comes with key features that improve comfort, safety, and driving experience. Here are some top features to look for:
1. Safety Features
Look for sedans equipped with ABS (Anti-lock Braking System), dual airbags, rear parking sensors, and stability control. These safety features are essential for both city and highway driving.
2. Infotainment System
An advanced infotainment system with Android Auto and Apple CarPlay connectivity adds value to your sedan. Touchscreen systems are a plus, along with features like Bluetooth connectivity and voice recognition.
3. Comfort Features
For a comfortable ride, check for features like automatic climate control, cruise control, adjustable steering, and a height-adjustable driver’s seat. These make a huge difference on long drives.
4. Engine and Transmission
When it comes to performance, ensure the engine is smooth and the transmission (manual/automatic) works properly. Test drive the car to check its handling and smoothness on the road.
FAQS
1. What is resale value, and why is it important?
Resale value is the amount of money you can get when you sell your car in the future. It’s important because it helps you get back some of the money you spent on the car when you decide to sell it later. The higher the resale value, the more money you can recover.
2. Why is the Maruti Suzuki Dzire a good choice?
The Maruti Suzuki Dzire is a popular sedan because it is fuel-efficient, low-maintenance, and reliable. People love it because it’s affordable and lasts for many years, which helps it keep a higher resale value.
3. Is the Honda Amaze a good sedan for resale value?
Yes, Honda Amaze is a great sedan for resale value! It’s known for its durability, spacious interior, and smooth performance. Many people like it because of Honda’s reputation for making cars that last long, making it easier to sell when you’re ready.
4. How does the Honda City perform in terms of resale value?
The Honda City is one of the best sedans in terms of resale value. It is a premium sedan that people love for its stylish design, comfortable ride, and long-lasting engine. It holds about 65% of its value after 5 years.
5. Can I get a good deal on a used sedan under ₹10 lakh?
Yes, you can! There are many used sedans under ₹10 lakh that are in great condition and have a high resale value. Be sure to check out online platforms like Carchhe or CarWale, visit certified dealerships, and negotiate the price to get the best deal.
Conclusion
If you're looking for the best used sedan under 10 lakhs, you can't go wrong with any of the sedans we've discussed here. The Maruti Suzuki Dzire, Honda Amaze, Honda City, Maruti Suzuki Ciaz, and Tata Tigor are all great options that hold their value well over time. These cars are not only affordable but also reliable, stylish, and cost-effective when it comes to maintenance.
"The right sedan today is an investment for tomorrow. Choose wisely, and your next car could be your best decision yet."
Before making your decision, make sure to compare the resale values, features, and conditions of the used sedans available in your area. The goal is to get the best sedan under ₹10 lakh that suits your needs and keeps its value as much as possible over the years.
Looking for a used sedan under ₹10 lakh? CarChhe has the best deals! Choose from top models like Maruti Suzuki Dzire, Honda Amaze, and more. Find the car that suits your budget and needs today. Find now and drive away in your dream car with confidence!