Posted by Raju Ashar
Sonata suffers the highest resale. The Luxury cars from Hyundai (Elantra / Sonata) which are excellent VFM suffers resale.
That too is a problem in this case as the car is not meant to be kept for more than 3 years.
Otherwise, both earlier Elantr / now Sonata CRDi are excellent cars.
I look at resale from a slightly different viewpoint - its not the percentage I will lose, but the actual amount I will lose on resale.
If I buy a Skoda for 20 lakhs, it may only lose about 40% in value in 3 years (assuming Skoda resale remains constant, which is not the case because Skoda resale values have been falling recently) then my total loss is 8 lakhs.
If I buy a Sonata for 16 lakhs and I lose say 60% in the same period (unlikely, but we will consider the scenario because you will find fewer buyers for the Sonata than for the Skoda) then your actual loss is 9.6 lakhs.
The difference between the two is about 1.6 lakhs and I can assure you that you will spend roughly that much more on Skoda maintenance over 3 years as against a Hyundai.
Keep those wheels turning!
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