Used Car Study 2026: Maruti Baleno holds its value best among midsize hatches

Conducted in association with Spinny, India’s leading pre-owned car platform, the fourth edition of our Used Car Study analyses real-world resale values across a broad spectrum of vehicles sold in the Indian market in order 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 series of the resale value study, here we are taking a look at the premium hatchback segment:

Premium hatchback resale value 

Among premium hatchbacks, the Maruti Baleno and Toyota Glanza remain closely matched; unsurprising given that both are mechanically identical products. However, the Toyota-badged hatchback consistently 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-powered rivals, indicating balanced demand across fuel types.

As per the study, the average selling price of a five-year-old premium hatchback retailed through Spinny stood at Rs 6.43 lakh. Comparable figures for three-year-old and one-year-old the premium hatchbacks were Rs 8.27 lakh and Rs 8.67 lakh, respectively. Average depreciation over the same periods worked out to 42.8 percent, 32.7 percent and 21.4 percent, respectively.

Autocar-Spinny Resale Value Study methodology 

The analysis covers the average selling prices (ASPs) of vehicles retailed through Spinny’s network across nine cities – Delhi-NCR, Bengaluru, Hyderabad, Pune, Chennai, Mumbai, Lucknow, Ahmedabad and Kolkata.

For the purposes of this study, depreciation has been 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 instances where a model was offered with multiple engine options using the same fuel type, the data has been consolidated and averaged. Variant-wise differences have similarly been averaged out.

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.