When it comes to used cars, the time-tested cars bags the top slot in transactions and sheer popularity. Factors that influence the popularity of a used car in India are:
- The volume of the model in the market.
- Reliability of the car.
The volume of the model in the Market: Higher the number of cars in the market, it is obvious that the model will naturally have more takers in the used car market as well. This can be attributed to the popularity of hatchbacks in used car market.
Reliability: Reliable cars are easily embraced by the used car buying public on the simple fact that these cars will run fuss free even after a couple of years on the road. This attributes to the popularity of cars like Toyota Innova, Maruti Alto and Honda City to name a few.
Cost: Cars which are easy to afford obviously see higher transactions in the used car market.
Manufacturer: Cars of popular car manufacturers like Maruti, Hyundai, Mahindra, Toyota and Honda has a better reputation in the used car market.
Top 5 Trending Used Car Models In India
1. Maruti Suzuki Swift
The largest selling hatchback in India dominates the used car market as well. The popularity of this car coupled with equally strong diesel and petrol power pots make it the most popular used car in India. Excellent availability in the market and the time-tested reliability of Swift makes it a no brainer.
2. Honda City
The reliability of Honda brand and the popularity of the City has earned Honda City a great reputation in the used car market. You get a well maintained used Honda City for the same price of a top end hatchback, making it a darling among used car buyers. The car gives you a fuss-free ownership experience coupled with top class quality and Honda quality at an affordable price.
3. Toyota Innova
The legendary reliability and comfort of Innova makes it a favorite among taxi fleet operators and the car like comfort endears it to private customers as well. There are Innovas working like clockwork even after clocking 3 lac + Kms on the odometer. Also, Innova is surprisingly cheaper to maintain and parts last really long.
4. Maruti Suzuki Alto
This efficient workhorse from Maruti dominates the economy-hatch category in the new as well as used car market. Stellar fuel efficiency, low price, reliability and peace of mind associated with the Maruti brand makes it a good used car buy for a customer on a shoe-string budget.
5. Mahindra Bolero
The largest selling MUV for more than a decade, the Bolero has a huge fan following, especially in the commercial and rural sectors. Bolero is endowed with simple but strong mechanicals and, more importantly withstand any abuse thrown at it.
The other cars are
- Maruti Suzuki Wagon R
- Hyundai i10
- Hyundai Santro
- Maruti Swift Dzire
- Mahindra Scorpio