Used Car Study 2026: Maruti Baleno holds its value best among premium hatchbacks

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 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 the resale value study series, we take a look at the premium hatchback segment:

Premium hatchback resale value 

*Average selling price (ASP) in Rs lakh

Among premium hatchbacks, the Maruti Baleno and Toyota Glanza remain closely matched – unsurprising given that both are mechanically identical. 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 was Rs 6.43 lakh. Comparable figures for three-year-old and one-year-old 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.