Calculate car depreciation over time
Typically: 15-20% in year 1, 10-15% in years 2-3, 8-10% in years 4-5, then 5-8% annually. A ₹10 lakh car might be worth ₹5-6 lakh after 5 years. Luxury cars depreciate faster than economy cars.
Popular brands (Maruti, Honda, Toyota), SUVs, diesel variants (in some markets), and cars with good service network depreciate slower. Limited editions and in-demand colors also help resale value.
Check similar used cars on OLX/CarDekho, get dealer quotes, or use online valuation tools. Factors: make, model, year, kilometers run, condition, service history, and accident history.
Yes, neutral colors (white, silver, grey) sell faster and retain value better. Unusual colors may limit buyer pool. White typically has best resale in India due to heat reflection and popularity.
Before 5 years/50,000 km for best value. Avoid selling when new model launches (drops value 10-15%). March (financial year end) and festive seasons see higher demand. Well-maintained cars with service records sell faster.
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