Guide to Second Hand Car Models and Prices in Budget: Model (2015–2025)

Buying a car is a major decision, and for many people, owning a vehicle within a reasonable budget often leads them to explore the second hand car market. Over the past decade, the used car industry in India has grown rapidly, offering a wide range of models across different price segments.

This guide provides complete information about the price, model, and key features of second hand cars from 2015 to 2025, helping you make an informed decision before buying.

Why Second Hand Cars Are Becoming Popular

The growing popularity of used cars is not surprising. For many first-time buyers, purchasing a brand-new car can feel financially heavy, especially when depreciation hits quickly. A new car loses nearly 20–25% of its value in the first year, which means buyers can often find the same model in the second hand market for a significantly lower cost.

Apart from affordability, today’s used car segment is better organized. Certified pre-owned car platforms, digital listings, and transparent vehicle history reports have built greater trust among buyers. Many people now prefer a well-maintained 2–4 year-old car instead of stretching their budget for a new one.

Top Second Hand Car Models (2015–2018)

If you are looking for cars between 2015–2018, you’ll find many reliable models that still perform well today.

  • Maruti Suzuki Swift / Dzire: Known for mileage and low maintenance. Prices range roughly between ₹3–5 lakh depending on the variant and city.
  • Hyundai i20 / Grand i10: Stylish hatchbacks with strong engine life. Perfect for city driving.
  • Honda City (2016–2018): Offers comfort, resale value, and a premium sedan feel.
  • Renault Duster / Ford EcoSport: Compact SUVs with durable engines and good ground clearance.

These models are ideal if you want value-for-money cars that are easy to maintain and still hold resale potential.

Best Budget Cars (2019–2022)

Cars launched in this period come with improved safety features, upgraded designs, and better mileage. They are still fairly new in the used car market.

  • Maruti Baleno / WagonR (2020–2022): Known for reliability and affordable service costs.
  • Tata Nexon (2020+): Popular for its build quality and safety rating.
  • Kia Seltos (2019+): A premium SUV experience with modern tech features.
  • Hyundai Venue (2021): Great for city and highway drives, offering value for money.

Expect slightly higher prices here (₹5–9 lakh), but in return, you get recent features and longer remaining lifespan.

Latest Used Cars (2023–2025 Models)

Even newer cars, less than 2 years old, are entering the second hand market due to quick model upgrades and lease returns.

  • Maruti Fronx (2023+): Stylish crossover now appearing in pre-owned listings.
  • Tata Punch (2023): Compact yet robust, perfect for city roads.
  • Hyundai Exter (2024): Latest design and tech features now available in the resale segment.
  • MG Comet EV / Tata Tiago EV (2024–2025): Growing demand for affordable used electric cars.

These models cost more initially but provide long-term savings with better fuel efficiency or electric power options.

Factors That Affect the Price of a Second Hand Car

When comparing models, you’ll notice that even the same car can vary widely in price. This depends on:

  1. Model Year & Variant: Newer models and top variants usually hold more value.
  2. Mileage: Cars driven less than 60,000 km generally command higher prices.
  3. Condition & Maintenance Record: A well-maintained car with a full service history is more desirable.
  4. Fuel Type: Petrol cars have lower maintenance costs, while diesel cars suit long-distance drivers.
  5. Ownership History: First-owner vehicles tend to get better prices in resale markets.

Before buying, always request the RC, insurance, and service records to verify authenticity.

How to Check Second Hand Car Prices Before Buying

To avoid overpaying, compare prices across trusted online platforms such as Cars24, OLX Autos, Spinny, or manufacturer-certified dealerships.
Use price calculator tools to estimate the car’s market value based on model year, variant, and city.

You can also check local dealer rates and upcoming auction listings to get a realistic idea of ongoing market prices. Keeping track of demand and festive-season offers can help you get better deals.

Tips for Choosing the Right Second Hand Car

  1. Inspect Before You Buy: Always take a mechanic or expert along for inspection.
  2. Check for Accidental History: Avoid cars with major body repair or repainting.
  3. Test Drive: Check engine sound, clutch smoothness, and suspension performance.
  4. Verify Documents: Ensure RC transfer, insurance, and emission certificate are valid.
  5. Compare Multiple Models: Don’t rush; evaluate features and long-term cost of ownership.

Electric and Hybrid Cars: The New Trend

From 2023 onwards, India’s used car market is slowly welcoming EV and hybrid vehicles. Models like Tata Nexon EV, Tiago EV, and MG Comet are gaining traction for their lower running cost. While resale options are limited, their numbers are increasing each year.

If you plan for long-term use, buying a 1–2 year-old EV can be a smart investment.

Conclusion: Research Before You Decide

Whether you’re exploring 2015 models for budget value or 2025 models for advanced features, the key is research and comparison. The second hand car market offers something for everyone—students, families, and professionals.

Take your time to review prices, verify the car’s condition, and compare models side-by-side. A well-informed decision today ensures a smooth driving experience and long-term satisfaction.