Used Hyundai Grand i10 Nios vs Used Tata Punch: Which One To Buy?

Market trends have been shifting in the used car market, with buyers showing an increased preference for SUVs. But should you opt for an SUV over a practical hatchback? Should you go for the Tata Punch SUV over the Hyundai Grand i10 Nios?

The Hyundai Grand i10 Nios was launched in 2019, as a replacement to the Grand i10 but was sold alongside it for two years. When launched, the Grand i10 Nios was offered with both petrol and diesel engine options.

 The Tata Punch was launched in 2020 and was an instant hit thanks to its butch SUV styling, commanding driving position and good ground clearance. The Punch was available only with a petrol engine. 

Current Resale Value: Hyundai Grand i10 Nios vs Tata Punch

Both the Grand i10 Nios and Tata Punch command a good resale value as both are relatively newer vehicles. The Punch being the newer of the two and featuring a more popular SUV body style features a higher average used car price. The hatchback meanwhile has been around for a while but holds its value well owing to its premium driving experience. 

Hyundai Grand i10 Nios: 

The Grand i10 holds its resale value well and the Grand i10 Nios is no different. It has earned a reputation as a premium hatchback thanks to its styling and cabin quality. 

Tata Punch: 

Owing to its bodystyle and its higher retail price, the Tata Punch commands a high resale value. It is spacious and stylish but factors like average after sales and service do hold the SUV’s resale value back. 

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

A second hand Tata Punch commands a higher asking price than a pre-owned Hyundai Grand i10 Nios given that the SUV bodystyle is in high demand in both the new and used car market. That said, the hatchback segment is popular in the used car market and the Grand i10 Nios is one of the most popular ones and enjoys good resale value. 

Yearly Rate of Depreciation: Hyundai Grand i10 Nios vs Tata Punch

Both the Hyundai Grand i10 Nios and Tata Punch exhibit a low rate of depreciation. Here’s a quick look at the Year On Year depreciation rate of both vehicles. 

Hyundai Grand i10 Nios: The Grand i10 Nios holds its value well and has a slow rate of depreciation. The hatchback has gained a reputation for reliability and premiumness which helps keep its resale value high. 

Tata Punch: The Punch features depreciation on par with the Grand i10 Nios thanks to its SUV body style which enhances its popularity. 

In terms of depreciation, both the Grand i10 and Punch hold their values well. The Grand i10 has garnered a reputation for quality and reliability while the Punch ride on the SUV bodytype’s popularity. 

Engine and Transmission Options: Hyundai Grand i10 Nios vs Tata Punch

Earlier generations of the Hyundai Grand i10 Nios were offered with a choice of four engines including a diesel and a turbo-petrol motor. It was also one of the very few hatchbacks being offered with a diesel automatic powertrain. The Tata Punch is only available with a 1.2-litre naturally-aspirated petrol motor and a CNG motor.

Hyundai Grand i10

• 1.2-litre, petrol - 5-speed manual / 5-speed AMT
• 1.0-litre turbo-petrol - 5-speed manual
• 1.2-litre, diesel - 5-speed manual / 5-speed AMT
• 1.2-litre, CNG - 5 speed manual 

Tata Punch

• 1.2-litre, petrol - 5 speed manual / 5-speed AMT Automatic
• 1.2-litre, CNG - 5 speed manual 

Post the BS6 norms coming into effect in 2020, most carmakers have been offering new cars only with petrol, and in some cases, CNG engine options. This seems to be the case with the Punch as well, having been launched in 2020. 

By end-2022, Hyundai discontinued both the turbo petrol and diesels engines in the Nios, leaving behind just the naturally aspirated petrol and CNG engine options. In terms of powertrains, a used Grand i10 Nios offers a more diverse as well as refined engine options. 

Maintenance Cost Comparison: Hyundai Grand i10 Nios vs Tata Punch

Service cost is an important factor to consider while buying a used car. Both the Grand i10 Nios and Punch feature higher maintenance costs. 

Hyundai Grand i10 Nios: Service interval costs for the Hyundai Grand i10 Nios are on the higher side and even comparable to the larger and more expensive i20 hatchback. Scheduled service will set you back between ₹ 1,500 and ₹ 6,600. Service for the diesel Grand i10 Nios is more expensive and priced between ₹ 2,500 and ₹ 8,000.

Tata Punch: Unlike other carmakers, Tata offers a 15,000 service interval instead of the usual 10,000km interval. However the service costs are on the higher side and comparable to mid size sedans. A scheduled service will cost you between ₹ 4,000 and ₹ 7,000 with the 5th year and 10th year service priced at ₹ 12,000 and ₹ 13,000. 

Service costs for both the Grand i10 and Punch are on the higher side. That said service for the Punch is significantly more expensive here, despite the higher kilometre coverage between service intervals. Also Hyundai offers a far more polished and satisfactory service experience, something that Tata can’t match up to at the moment. 

Conclusion

Both the Hyundai Grand i10 Nios and Tata Punch offer good resale value and a slow rate of depreciation owing to them being newer vehicles. That said, the Tata Punch will hold its value well in the long run owing to the waning demand of hatchbacks and growing demand for SUVs.

That said the Hyundai Grand i10 Nios is more affordable to maintain and being a Hyundai, should be more reliable. It also impresses with its fit and finish which is better than the Tata Punch. The Hyundai also offers a variety of engine options offering you more choice. 

Both the Grand i10 Nios and Tata Punch offer a standard 3 years / 1,00,000 km warranty. If you buy any of the two pre-owned cars from CARS24, they come with a standard 3 months warranty that can be extended to 1 year for a nominal fee. 

Hyundai has gained a reputation for its quality and reliability and while Tata is getting there, it still has some way to go before it matches up to the Korean carmaker’s fit and finish and refinement levels. 

That said, the Punch impresses with its space, ground clearance and comes with a 5-star safety rating ensuing peace of mind. As a first SUV, a new or used Tata Punch is a brilliant option. However, when it comes to low running costs and value of money, the Hyundai Grand i10 Nios offers more bang for your buck.