Selling price trends for Hyundai Verna 3rd generation (2011 – 2015)
The 3rd generation generation Hyundai Verna was launched in 2011 and continued its life till 2015 when it was replaced with the newer model. Hyundai Verna sales were reasonably okay in the new car market and this is reflected in the used car market as well.
Based on the used car listings data we monitor across used car sites like Olx, cars24 and Gaadi, second-hand Hyundai Verna typically accounts for 25.46% in sedan used cars listings. This makes it the 2nd best-selling used sedan car in the market In the past two months, there have been 2,291 used Hyundai Verna listed in the top 8 cities Delhi, Mumbai, Pune, Bangalore, Chennai, Kolkata, Ahmedabad, Hyderabad that we track the used car market data for.
The prices of the second-generation used Hyundai Verna cars vary across variants, with the median used car price of the entry-level variant being Rs 340,400 and the top-end variant fetching price of Rs 641,700.
So, what selling price should you expect for your second-hand 2014 Hyundai Verna? That would depend on things like what city you are based in. If you are in Delhi, for instance, expect a lower price by about 10.48% compared to Mumbai. Then there are other factors such as how many kilometres your car has run and whether it is petrol or diesel. If it is diesel, expect 1.07% higher than the same petrol version.
So what price can you expect for the 3rd-generation second-hand Hyundai Verna. Presented below is an estimate of used car prices you can expect in Delhi, Mumbai, Bangalore for petrol and diesel version. These price trends are based on an analysis of used Hyundai Verna cars that have been sold in the past 3 months across these cities, and across the major used car websites such as Olx, Cars24 and Gaadi.
Also our analysis of best used car deals in the market shows that cars which have driven 50,000 kms or little more fetch the best selling price [value depreciation is higher in the initial period]. So in our Hyundai Verna used car price analysis below, we have taken cars around the 50,000 kms range. You should increase or decrease the estimated price by about 8.42% (per 10,000 kms) for each year, higher or lower depending on your car’s kilometers driven.
A petrol Hyundai Verna in Delhi that has done around 50,000 kms, will typically fetch a selling price of Rs 460,000 (averaged across variants). A diesel Hyundai Verna used car in Delhi would be Rs 551080.0 (averaged across variants). This suggests that a Hyundai Verna used car loses value by 8.6% every year approximately if it is a petrol version and diesel Hyundai Verna’s selling price drops by 10.0% every year in Delhi.
A petrol Hyundai Verna in Mumbai that has done around 50,000 kms, will typically fetch a selling price of Rs 499,560 (averaged across variants). A diesel Hyundai Verna used car in Mumbai would be Rs 547400.0 (averaged across variants). This suggests that a Hyundai Verna used car loses value by 9.11% every year approximately if it is a petrol version and diesel Hyundai Verna’s selling price drops by 8.24% every year in Mumbai.
A petrol Hyundai Verna in Bangalore that has done around 50,000 kms, will typically fetch a selling price of Rs 667,000 (averaged across variants). A diesel Hyundai Verna used car in Bangalore would be Rs 690000.0 (averaged across variants). This suggests that a Hyundai Verna used car loses value by 7.09% every year approximately if it is a petrol version and diesel Hyundai Verna’s selling price drops by 8.02% every year in Bangalore.
The actual selling price for you Hyundai Verna would obviously depend on some more specifics (how many owners, color, variant) and the general condition of your car. Check for underbody damage due to low clearance, a hard clutch and clutch slippage on models that have run a lot. Air-con performance might be weak on old models. Though Verna was very built, the low ground clearance some times led to under body damage. Hard clutch and clutch slippage on models that have run a lot might be there. Air-con performance too might have gotten weaker. If your Hyundai Verna suffers from any of these issues, you should get these issues fixed before you list the car for sale or take your car for valuation.