Made in association with thornyIndia’s leading used car platform, the fourth edition of our Used Car Study analyzes real-world resale values across a broad spectrum of vehicles sold in the Indian market to assess depreciation trends over a five-year ownership period. The study is based on actual transactional data shared by Spinny for vehicles sold between January 1 and August 31, 2025.
In this part of resale value study series, we take a look at the premium hatchback segment:
Premium hatchback resale value
Among premium hatchbacks, the Maruti Baleno and Toyota Glanza They’re still very similar, which isn’t surprising given that they’re both mechanically identical. However, the Toyota-badged hatchback always commands a slight premium in the used car market, reflecting stronger brand perception and Toyota’s reputation for reliability.
Meanwhile, the tata altroz – the only car in this segment to offer a diesel engine option – demonstrates depreciation trends broadly in line with its petrol rivals, indicating balanced demand between fuel types.
According to the study, the average selling price of a five-year-old premium hatchback retailed through Spinny was Rs 6.43 lakh. The comparable figures for the three-year and one-year premium hatchbacks were Rs 8.27 lakh and Rs 8.67 lakh, respectively. The average depreciation during the same periods was 42.8 percent, 32.7 percent and 21.4 percent, respectively.
Autocar-Spinny resale value study methodology
The analysis covers the average selling prices (ASP) of vehicles sold at retail through Spinny’s network in nine cities: Delhi-NCR, Bengaluru, Hyderabad, Pune, Chennai, Mumbai, Lucknow, Ahmedabad and Kolkata.
For the purposes of this study, depreciation was defined as the percentage difference between a vehicle’s original on-road price in its year of manufacture and its resale value in 2025. In cases where a model was offered with multiple engine options using the same fuel type, the data were consolidated and averaged. Similarly, the differences between variants have been averaged.
Discontinued models and powertrain options have been excluded. Additionally, premium vehicles priced above Rs 30 lakh, electric vehicles and certain low-volume models have not been included due to limited transaction data and insufficient sample sizes.