Sedans with Best Resale Value: Best Picks Under ₹10 Lakh

Many factors come into play when buying a car like fuel type, body type, engine and transmission type and running costs. In the case of a used car, buyers generally consider the number of owners, kilometres covered, resale value and rate of depreciation. 

Used car buyers generally prefer hatchbacks and SUVs but sedans enjoy a niche following which trickles down to the used car market as well. There are a few popular sedans that hold their resale value well. Before we take a look, let's understand the concepts of depreciation and resale value. 

What is Depreciation and Resale Value for Used Cars?

Resale value is the monetary value of a car after a specific time period of ownership. Depreciation is the rate of reduction of a car's value over time. Simply put, the resale value is the price of the car after it’s depreciated over a period of time. For example, a Hyundai i20  depreciates by 37% after three years and its average resale value comes to around ₹ 4.45 lakh. 

Used cars depreciate the most in the first year and have a high rate of depreciation in the first three years. It stabilises in the following years. Let’s talk about sedans with the highest resale value. For the sake of simplicity, we have segregated used sedans into two groups in terms of used car pricing. 

Most Valuable Sedans Based on Resale Value and Depreciation

Referring to information from CARS24 sales data and CARS24 Gears of Growth report, we can deduce sedans with the highest resale value and the slowest rate of depreciation. Here’s what we found:

Used Sedans under ₹ 5 lakh: Maruti Suzuki Dzire

The Maruti Suzuki Dzire and Honda Amaze have near identical rates of depreciation. However, the Dzire is preferred by buyers and is the fourth best selling used car in India. The Japanese sedan is popular thanks to its low running costs, spacious interior and reliability which reflect in its low rate of depreciation. 

A second hand Maruti Dzire suffers 26.73% depreciation which is comparable to the most popular used hatchbacks.  It has a steady rate of depreciation in the 2nd and 3rd year, while its value drops steeply in the 4th and 5th year. Sedans suffer a higher depreciation rate than hatchbacks, which are the most popular used car body type. 

Note: The used car prices shown are calculated for vehicles MY 2014 and later and with mileage under ₹ 1 lakh kilometres. 

The Maruti Suzuki Dzire enjoys a high resale value thanks to its famed Japanese reliability and low maintenance costs. It also offers a choice of frugal and reliable petrol and diesel engines with automatic transmission options. 

There are a lot of factors contributing to the Dzire’s high resale value and low rate of depreciation. Here are some notable ones:

• Good fit and finish levels.
• Palatable design that ages well and appeals to a wider audience. 
• Low running and maintenance costs.
• Smooth petrol and frugal diesel engine options.
• Choice of manual and automatic transmissions.
• Good cabin space and boot space.

Used Sedans under ₹ 10 lakh: Maruti Suzuki Ciaz

Interestingly, the Maruti Suzuki Ciaz offers a lower rate of depreciation compared to the Dzire which sits a segment below it. The Japanese sedan beats other popular cars like the Honda City and Hyundai Verna as well. A pre owned Maruti Ciaz offers excellent value for money thanks to its spacious interiors, frugal petrol and diesel engines and surprisingly low maintenance costs for a mid-size sedan. 

The Ciaz retains 74% of its value in the first year which drops down to 55.08% in the fifth year. Its rival, the Honda City comes quite close in terms of depreciation but the Ciaz edges out when you consider the average five-year rate of depreciation.

Note: The used car prices shown are calculated for vehicles MY 2014 and above and with mileage under ₹ 1 lakh kilometres. 

The Maruti Suzuki Ciaz is one of the best VFM sedans in India which helps enhance its resale value. The sedan has been discontinued as of March 2025, but is still highly sought after, thanks to its spacious interior, low running costs and highly-efficient engines. 

There are a lot of factors behind the Ciaz’ popularity. Here are some of the most important ones:

• Premium styling and large dimensions.
• Spacious cabin and large boot space.
• A wide choice of frugal petrol and diesel engines. 
• Reliability and low maintenance costs. 

Conclusion

Under ₹ 5 lakh, the Maruti Suzuki Dzire has the lowest rate of depreciation, against rivals like the Honda Amaze, and Hyundai Aura. Buyers prefer the sedan for its build quality, reliability, comfort, space and efficient petrol and diesel engines. 

Among used mid-size sedans, under ₹ 10 lakh, the Maruti Ciaz enjoys the least depreciation when compared to rivals like the Hyundai Verna and Honda City. Maruti Suzuki has discontinued the Ciaz but is still popular owing to its VFM quotient. It also impresses in areas of space, efficient petrol and diesel engines and surprisingly low maintenance costs for a mid-size sedan. 

While there are a lot of factors affecting resale value and depreciation, there are some common ones between the Maruti Suzuki Dzire and Ciaz. Attributes like space, comfort, low running costs and reliability define the resale value and depreciation for these sedans