Anuj Agarwal
•3hI bought a pre-owned Hyundai Elantra 2018 SX (o) vtvt petrol variant in March 2025 with an odometer reading of 64k km for 8.5Lakh. I've clocked it to 84k km currently, and the car is in very good condition. However, the mileage is very low (around 6-7 city and 14-15 highway) because of which I'm thinking of upgrading to an EV. Should I upgrade now, or should I wait for some time to get the most use out of the car, and what would be the optimum selling price of the car?

Autocar India
Considering you bought the car for Rs. 8.5 lakh and have added another 20,000km to the odometer, a realistic selling price today would be slightly below what you paid for it, assuming the car remains in excellent condition.
One reason for this is that resale values of older used cars have softened in recent years, partly because lower GST rates and aggressive discounts on new cars have narrowed the price gap between new and used vehicles. As a result, buyers today are less willing to pay a premium for older used cars than they were a few years ago.
Unless the fuel bills are becoming a major concern, it would make sense to continue using the Elantra for a while longer. It is already through its steepest depreciation phase, remains a comfortable long-distance car and appears to be in good mechanical condition.
If you're considering a move to a midsize EV, it may be worth waiting for the Tata Sierra EV, which is expected to be unveiled on June 30. It has the potential to be one of the most compelling options in the segment and could be worth evaluating before making a final decision.

Tata Sierra EV
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Posted on: 12 Jun 2026
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