Selling price trends for Honda Amaze first generation (2013-2018)

Written By: CarToq Editor
Published: January 6, 2020 at 02:23 PMUpdated: January 6, 2020 at 02:23 PM
Honda Amaze Used Modified Featured

The 1st generation Honda Amaze was launched in 2013 and continued its life till 2018 when it was replaced with the newer model. Honda Amaze sales have been strong in the new car market and this is reflected in the used car market as well.

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Based on the used car listings data we monitor across used car sites like Olx, cars24 and Gaadi, second-hand Honda Amaze typically accounts for 32% in compact sedans used cars listings. This makes it the 2nd best-selling used compact sedan car in the market.

In the past two months, there have been 1,405 used Honda Amaze 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 Honda Amaze cars vary across variants, with the median used car price of the entry-level variant being Rs 3,22,000 and the top-end variant fetching price of Rs 3,91,000.

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So, what selling price should you expect for your second-hand 2013 Honda Amaze? That would depend on things like what city you are based in. If you are in Delhi, for instance, expect a similar price 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 6% lower than the same petrol version.

So what price can you expect for the first-generation second-hand Honda Amaze. 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 Honda Amaze 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 Honda Amaze 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 8.33%(per 10,000 kms) for each year, higher or lower depending on your car’s kilometres driven.

Honda Amaze used car price in Delhi

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A petrol Honda Amaze in Delhi that has done around 50,000 kms, will typically fetch a selling price of Rs 3,63,000 (averaged across variants). A diesel Honda Amaze used car in Delhi would be Rs 2,85,000 (averaged across variants).

This suggests that a Honda Amaze used car loses value by 7% every year approximately if it is a petrol version and diesel Honda Amaze’s selling price drops by 9% every year in Delhi.

Honda Amaze used car price in Mumbai

A petrol Honda Amaze in Mumbai that has done around 50,000 kms, will typically fetch a selling price of Rs 3,36,000 (averaged across variants). A diesel Honda Amaze used car in Mumbai would be Rs 3,91,000 (averaged across variants).

This suggests that a Honda Amaze used car loses value by 7% every year approximately if it is a petrol version and diesel Honda Amaze’s selling price drops by 8% every year in Mumbai.

Honda Amaze used car price in Bangalore

A petrol Honda Amaze in Bangalore that has done around 50,000 kms, will typically fetch a selling price of Rs 3,79,000 (averaged across variants). A diesel Honda Amaze used car in Bangalore would be Rs 3,77,200 (averaged across variants).

This suggests that a Honda Amaze used car loses value by 7% every year approximately if it is a petrol version and diesel Honda Amaze’s selling price drops by 8% every year in Bangalore.

What price to expect for your used Honda Amaze

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The actual selling price for you Honda Amaze would obviously depend on some more specifics (how many owners, color, variant) and the general condition of your car.

Overly soft or worn out suspension is an issue. Brake pads sometimes wear out fast. Pre July’14 models had a recall for replacement of driver Airbag inflator.

If your Honda Amaze 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.