Premium Hatchbacks are not too expensive to buy or run, these offer a spacious cabin and a comfy ride. They currently range between Rs 5,50,000 – Rs 10,00,000 on the new car market. The used version is an ideal buy for those wanting something more than just a basic set of wheels; good ride, seating for 5 and more features including safety kit–all for price that is less than you’d pay for a entry-level hatchback. Its hard to ignore Swift and Baleno, the two bestsellers from Maruti. However, the Hyundai i20, VW Polo and Honda Jazz offer a more ‘premium’ experience with the latter two being fun to drive as well.
Used Premium Hatchbacks average around Rs 3,65,000 in Chennai with lower end tending to be around Rs 3,25,000 and upper end tending to be around Rs 3,80,000. The higher end of the range will get you SWIFT which is 7 years old while if you veer towards the minimum, then you will have to contend with MICRA which is 8 years old. So, what should you go for? Which are the best deals available on the market?
Recommendation #1: Hyundai I20 Sportz AT 1.4 2012
Year: 2012 / Kms Driven: 38,000 / List Price: Rs 367,500 / Ex Showroom Price: Rs 797,515
This entry, which comes at a discount of 54% to its original price is 7 years old and has done 38,000 Kms. Currently with its first owner, this beige-coloured I20 comes with a petrol powerplant. For an automatic that has done less than 40,000, this Hyundai is priced rather nicely. Just make sure the 38,000 km claim by the seller is correct as it seems a bit less for a 7-year old car.
Recommendation #2: Nissan Micra XV Premium Diesel 2015
Year: 2015 / Kms Driven: 15,000 / List Price: Rs 372,400 / Ex Showroom Price: Rs 718,000
This entry, which comes at a discount of 48% to its original price is 4 years old and has done 15,000 Kms. Currently with its first owner, this blue coloured MICRA comes with a diesel powerplant. If you can look past the fact that this is a Micra, a not-to-successful car on the market, you have really good deal here: less used, great to drive, frugal diesel with solid built at under Rs. 4 lakh.
Recommendation #3: Hyundai I20 Asta 1.2 2011
Year: 2011 / Kms Driven: 39,000 / List Price: Rs 328,300 / Ex Showroom Price: Rs 589,824
This entry, which comes at a discount of 44% to its original price is 8 years old and has done 39,000 Kms. Currently with its first owner, this grey coloured I20 comes with a petrol powerplant. Another less used Hyundai here–once you have established the mileage claims are correct–negotiate hard. You should be able to get it for at least 15% less than the listed price given the age of the car.
Recommendation #4: Hyundai I20 Asta 1.2 2011
Year: 2011 / Kms Driven: 31,000 / List Price: Rs 335,000 / Ex Showroom Price: Rs 589,824
This entry, which comes at a discount of 43% to its original price is 8 years old and has done 31,000 Kms. What is it with Chennai–there seems to unending supply of sparingly used 6-8 year-old cars. Whatever we said about the other two Hyundai’s on the list applies here.
Recommendation #5: Nissan Micra XV P 2013
Year: 2013 / Kms Driven: 89,000 / List Price: Rs 274,400 / Ex Showroom Price: Rs 650,000
This entry, which comes at a discount of 58% to its original price is 6 years old and has done 89,000 Kms. Currently with its first owner, this black coloured MICRA comes with a petrol powerplant. Negotiate, negotiate, negotiate–that’s what we’d say–and push the seller as close to Rs. 2 lakh as you can. Two caveats: get the car thoroughly checked and buy it only if you’ll use it lightly, under 1,000 km a month.
The median price at which Premium Hatchbacks have sold in Chennai is typically in the range listed in the plot below.
Since the final selling price data is not available, we estimate the actual selling prices to be 5-10% lower than this. Another tip: the most popular that gets bought and sold in Chennai in the Premium Hatchbacks category is Honda I20.