1. Age of Vehicle
Vehicles older than 5 years lose value faster due to higher depreciation.
Vehicle Details
What Is Vehicle Resale Value?
Vehicle resale value refers to the estimated price you can get when selling a used car or bike. It depends on factors such as age, mileage, vehicle condition, brand reputation, and depreciation over time.
- 20–25%Value loss in the first year
- 10–15%Annual depreciation later
- 5–15%Gain with good maintenance
Factors That Affect Vehicle Resale Value
2. Vehicle Condition
Scratch-free and accident-free vehicles attract better resale prices.
3. Mileage
Lower mileage indicates less engine wear and higher resale value.
4. Brand Value
Brands like Toyota, Maruti & Hyundai retain value due to reliability.
5. Service History
Authorized service records increase buyer trust and resale price.
6. Market Demand
High-demand models sell faster and command better resale value.
How to Calculate (Simple Formula)
The most commonly used formula:
Resale Value = Original Price – Depreciation Amount
Example Calculation
Original Price₹10,00,000
Vehicle Age3 years
Depreciation45%
Depreciated value = 10,00,000 × 45% = ₹4,50,000
Resale Value₹5,50,000
Tips to Improve Your Vehicle Resale Value
🛠️
Maintain Full Service History
Regular authorized servicing builds buyer trust and can increase resale value by 5–10%.
✨
Keep Interior & Exterior Clean
Clean interiors and a scratch-free exterior make your vehicle look newer and attract higher resale offers.
🚫
Avoid Heavy Modifications
Stock vehicles appeal to more buyers and retain better market value in the used vehicle market.
These practical vehicle resale tips help car and bike owners in India increase resale value, reduce negotiation time, and sell faster in the used vehicle market.