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Maruti Suzuki Vitara Brezza wins pre-owned automotive of the yr award | Autocar India

Written by Rashmi

Maruti Suzuki sweeps inaugural 2022 Pre-Owned Automobile Awards; Toyota Fortuner, Honda Amaze amongst different award winners. All fashions between three to 5 years outdated have been eligible.

2021 was a yr filled with disruptions and unpredictability. The auto trade weathered the storm of not simply the pandemic-influenced financial slowdown, however the knock-on impact of the chip scarcity driving up ready intervals to all-time highs.

In all this, curiosity in pre-owned vehicles remained robust and, in keeping with the latest OLX Autos – CRISIL Research 2021, the pre-owned market is anticipated to clock a wholesome development fee of 15 p.c this monetary yr. Moreover, additionally it is anticipated to develop to a market measurement of greater than 7 million automobiles by the 2026 monetary yr, from 3.eight million items in FY21. It’s actually time then for our first Pre-Owned Automobile Awards.

However how do you decide what makes a automotive a very good used purchase? Is it simply how inexpensive it’s, or do you additionally consider how good a producer’s service community is? And what concerning the automotive’s ranking for attributes like area and options? Thus, to reach at a sturdy mannequin, we received along with a cross part of trade consultants and arrived at 10 key parameters.

The parameters included the mannequin’s reliability, its service high quality, its model picture, the place it lies in its lifecycle and the potential to carry its worth throughout an onward sale. Naturally, the mannequin’s worth for cash providing, area and practicality in addition to the general bundle have been additionally essential standards. And lastly, after all, buy in addition to upkeep affordability have been additionally factored in and have been knowledge pushed by the lately concluded Autocar India – OLX Autos Resale Worth examine and the Autocar India Upkeep Price Research.

Automobiles have been break up primarily based on the volumes accessible within the pre-owned market, and thus now we have one section for MPVs, two segments for hatchbacks and sedans and three for SUVs. We additionally awarded the hatchback, sedan and SUV that greatest held onto its worth, picked a winner throughout segments for the Pre-Owned Automobile of the Yr trophy and had you, our valued reader, additionally vote in together with your ‘model of alternative’ within the pre-owned market. In every class, three contenders have been nominated and judges evaluated fashions between three to 5 years outdated; and after a lot scrutiny, thought and deliberation, now we have our winners.

Greatest Pre-Owned Finances Hatchback – Hyundai Grand i10

Tarun Garg, Director Gross sales, Advertising & Service, Hyundai Motor India Ltd.

The Hyundai Grand i10 proved to be a well-liked alternative because of its affordability in addition to being a value-for-money providing, with well-built interiors and loads of fashionable options that consumers immediately search for. What’s extra, it proved to be essentially the most inexpensive to take care of of the lot, and paired with the model’s widespread service attain, the Grand i10 was a well-deserving winner within the class. 

Nominees – Maruti Suzuki Wagon R, Hyundai Grand i10, Maruti Suzuki Swift

Greatest Pre-Owned Premium Hatchback – Maruti Suzuki Baleno

Shashank Srivastava, Government Director · Maruti Suzuki India Ltd, Amit Kumar, CEO OLX Autos India, Hormazd Sorabjee, Editor, Autocar India.

Whereas every automotive had its strengths in key particular person areas, it was the Baleno that took house the crown performing constantly throughout all parameters. The i20 holds on to its worth very properly, and whereas this might assist onward resale, used examples are expensive for what’s now an older technology automotive. Maruti’s premium hatchback is comparatively newer in its lifecycle and presents all of the requisite options and is surprisingly spacious inside. Plus, after all, it’s inexpensive and topped off with the peace of thoughts that comes from the Maruti steady.

Nominees – Honda Jazz, Hyundai i20, Maruti Suzuki Baleno.

Highest Residual Worth – Hatchbacks – Hyundai i20

Tarun Garg, Director Gross sales, Advertising & Service, Hyundai Motor India Ltd.

We additionally awarded the automotive that greatest held onto its worth over time, and the winner amongst the nominees within the two hatchback segments is the Hyundai i20. The typical resale value of the petrol handbook variants was thought of and the i20 held 89 and 72 p.c of its worth over three and 5 years respectively. Whereas this implies the next buy value for customers, it bodes properly for the mannequin because it’s a very good indicator of its means to retain worth over time, thus serving to throughout a possible onward resale.

Greatest Pre-Owned Finances Sedan – Honda Amaze

Kunal Behl, GM and Working Head – Gross sales and Enterprise Growth, Honda Vehicles India Ltd. (HCIL), Yuichi Murata, Director – Gross sales and Advertising, HCIL, Hormazd Sorabjee, Editor, Autocar India, Saba Khan – AGM and Head – Company Communications, HCIL, Gourav Dua, Sr Government, Company Communications, HCIL, Amit Kumar, CEO, OLX Autos India

Honda’s compact sedan could not get pleasure from the identical degree of recognition within the new section as its rivals, however as a used purchase, it’s a very compelling proposition. It will not be essentially the most inexpensive used purchase – that honour goes to the Xcent – but it surely’s appreciably cheaper than the Dzire and, apparently, cheaper to take care of too. What seals the deal is a spacious cabin, a alternative of powertrains that features a notably good diesel CVT auto, and, after all, the peace of thoughts related to Honda’s reliability.

Nominees – Maruti Suzuki Dzire, Honda Amaze, Hyundai Xcent

Greatest Pre-Owned Premium Sedan – Maruti Suzuki Ciaz

Shashank Srivastava, Government Director, Maruti Suzuki India Ltd, Amit Kumar, CEO OLX Autos India, Hormazd Sorabjee, Editor, Autocar India.

This class labored the judges the toughest, all three contenders put up a spirited case for prime honours and calling a winner right here was lengthy debated. Nevertheless, ultimately it was the Ciaz that pipped the others to the highest spot. Whereas it’s the most costly to take care of, although not by an excessive amount of of a margin, as a used purchase, it’s considerably extra inexpensive to buy. Moreover, as a product, it presents all of the anticipated fashionable options and is spacious and comfy inside. 

Nominees – Honda Metropolis, Hyundai Verna, Maruti Suzuki Ciaz

Highest Residual Worth – Sedans – Maruti Suzuki Dzire

Shashank Srivastava, Government Director · Maruti Suzuki India Ltd, Amit Kumar, CEO OLX Autos India, Hormazd Sorabjee, Editor, Autocar India.

So whereas its greater common buy value means the Dzire isn’t as tempting a purchase within the pre-owned section, it helps it win the best residual worth award among the many two sedan classes.  Over three and 5 years, the petrol handbook variant held onto a formidable 81 and 67 p.c of its unique worth, respectively. 

Greatest Pre-Owned Finances SUV – Maruti Suzuki Vitara Brezza

Shashank Srivastava, Government Director · Maruti Suzuki India Ltd

Regardless of competent rivals on this section, the Brezza sailed by fairly comfortably profitable the highest honour. Pre-owned Brezzas have been the most costly to buy, nevertheless, the Brezza’s reliability, area, options and the corporate’s wonderful service community are just too laborious to disregard in opposition to its rivals. Attention-grabbing to notice is that three- and five-year-old Brezzas are diesel solely and this could possibly be a difficulty for some consumers, nevertheless, newer fashions are actually petrol-driven. 

Nominees – Maruti Suzuki Vitara Brezza, Tata Nexon, Ford Ecosport 

Greatest Pre-Owned Mid-Measurement SUV – Hyundai Creta

Tarun Garg, Director Gross sales, Advertising & Service, Hyundai Motor India Ltd.

Right here, too, the winner proved to be the most costly to buy, nevertheless, in opposition to its rivals, the Creta’s refinement, lengthy checklist of options – that features the a lot wanted sunroof – snug interiors, wonderful model worth and large alternative of powertrains might simply not be ignored. Clinching the deal is the truth that its upkeep prices are proper about in the course of the section, making it a really well-rounded pre-owned purchase.   

Nominees – Hyundai Creta, Renault Duster, Maruti Suzuki S-Cross 

Greatest Pre-Owned Premium SUV – Toyota Fortuner

Takashi Takamiya, VP Strategic Enterprise Unit, Toyota Kirloskar Motor

This battle was laborious fought between Ford and Toyota, and whereas the previous might have emerged a winner, the truth that it’s now not in manufacturing and the uncertainty round Ford in India did weigh it down closely. The Fortuner although didn’t win by default, removed from it; it proves to be a very good used purchase with a tricky built-to-last-forever really feel and the backing and peace of thoughts with the legendary Toyota reliability. It’s additionally a really succesful off-roader for many who’d prefer to enterprise past the tarmac.

Nominees – Ford Endeavour, Jeep Compass, Toyota Fortuner

Highest Residual Worth – SUVs – Toyota Fortuner

Takashi Takamiya, VP Strategic Enterprise Unit, Toyota Kirloskar Motor, Hormazd Sorabjee, Editor, Autocar India, Meenal Gupta, Sr Regional Enterprise Supervisor, OLX Autos

Reflecting its recognition within the new section, the Fortuner proved to be in demand within the pre-owned sector too, with used automotive consumers paying as a lot as 84 and 61 p.c of the unique worth for three- and five-year-old examples. 

Greatest Pre-Owned MPV – Toyota Innova

Takashi Takamiya, VP Strategic Enterprise Unit, Toyota Kirloskar Motor, Hormazd Sorabjee, Editor, Autocar India, Meenal Gupta, Sr Regional Enterprise Supervisor, OLX Autos

MPVs aren’t a very fashionable physique kind in India, nevertheless, there are some fairly competent and attention-grabbing choices accessible. Of the nominees, it was the Innova that stood on the highest step of the rostrum and whereas you would need to shell out much more for the same classic mannequin, you’ll be able to go for an older instance and would nonetheless come away with a automobile that’s properly packaged and spacious, rides properly and intensely dependable besides.

Nominees – Toyota Innova, Maruti Suzuki Ertiga, Mahindra Marazzo 

Viewers Alternative – Greatest Pre-Owned Model – Toyota Kirloskar Motor

Whereas the jury went about evaluating all contenders, we additionally requested you, our readers, to vote on-line and inform us from all of the nominees, which automotive model would you purchase pre-owned? And whereas all manufacturers acquired a number of viewer curiosity, it was Toyota India that emerged a robust favorite, garnering practically 40 p.c of the whole votes. Toyota’s well-known reliability and good service community clearly performed an element in assuring viewers of a very good pre-owned purchase.

Pre-Owned Automobile of the Yr – Maruti Suzuki Vitara Brezza

Shashank Srivastava, Government Director · Maruti Suzuki India Ltd

Selecting a winner throughout all classes is rarely straightforward and each nominee proved to be a wonderful pre-owned buy, however the Brezza emerged on prime taking house the general Pre-Owned Automobile of the Yr title. As a pre-owned buy, Maruti’s compact SUV actually does tick all of the bins; it strikes a very good stability between buy affordability and retaining worth, it’s inexpensive to take care of, is backed by Maruti’s widespread community and is likely one of the fewer Marutis that’s constructed properly, even securing a 4-star ranking within the World NCAP crash take a look at. As a product itself, it’s spacious, rides properly and is properly outfitted too; not surprisingly, it secured the Autocar India Automobile of the Yr award in 2017. Actually a properly deserved ‘Pre-Owned Automobile of the Yr 2022’.

About the author

Rashmi