The high-end SUV segment is dominated by two trapezoidal SUVs, Toyota Fortuner and Ford Endeavour.Although it also includes other body models, such as Mahindra Alturas G4 and Isuzu Multiplexer, And hard-shell SUVs, such as Hyundai Tucson, Honda CR-V, Volkswagen Tiguan Allsapce with Skoda Kodiak, Their low sales lead to very few, and there is no data on the second-hand market. Therefore, in the absence of sufficient databases, we focused on the three with large amounts of data.
Although not my favorite market segment, Forge ahead It still ranks high in popularity. With high-quality interiors with large panoramic sunroofs and four-wheel drive capabilities, second-hand cars are in great demand. The depreciation rate of diesel automatic models in 2017 and 2016 was only slightly lower than that of the market segment champion Fortuner, allowing Endeavor to maintain its value in the used car market. There is also a diesel manual version, but the sales volume is small and it is difficult to find in the second-hand market.
this God of Wealth It is the best-selling market segment in the new market, so it also performs well in the second-hand market. However, ToyotaThe huge reputation for reliability is also an important factor in helping Fortuner maintain its value. The model depreciated the slowest two or three years ago. Interestingly, although the automatic transmission is the transmission of choice in the high-end SUV segment, the Fortuner diesel manual also has a place in the second-hand market. Toyota also provides Fortuner with gasoline engines with manual and automatic transmission options, but their sales are small, so there is not enough data in the second-hand market.
Mahindra Alturas G4
Although it has many advantages over competitors, Mahindra’s premium SUV Depreciate at a higher rate. This is because compared with Toyota Fortuner and Ford Endeavour, its demand in the new car market is sluggish, mainly due to weak brand equity. An example two years ago lost 23.36% of its average road price of Rs 3.517 lakh in 2019; the price exceeded Rs 800,000.
|Average resale price and depreciation value in 2021|
|Model||Variants||2019 year||depreciation%||2018 year||depreciation%||2017 year||depreciation%||2018 year||depreciation%|
|Toyota Fortune||Large tonnage||——||——||29.46||18.49||23.85||32.69||21.90||37.94|
|Mahindra Alturas G4||DAT||26.95||23.36||——||——||——||——||——||——|
Note: All prices are in 100,000 rupees. The depreciation percentage is based on the original on-road price.
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