India EV Market Data
EV Resale Value in India (2026)
Real depreciation data from 2600+ used EV listings across India. See exactly how much your electric vehicle loses value — and which ones hold it best.
India EV Market
Market Snapshot — Resale Value 2026
Best Value Holder
Mg M9
1.4%
per year
Avg Depreciation
All India EVs
~14%
per year
Highest Depr.
Tata Curvv EV
42.3%
per year
Top 3 — Best Resale Value in India
1.4%
/yr · est. 68.93 L at 2yr
2.4%
/yr · est. 13.34 L at 2yr
4.7%
/yr · est. 37.24 L at 2yr
How much does an electric vehicle depreciate in India? Based on data from 2600+ real used EV listings across OLX, Cars24, and EV-India, we track the resale value of 22 popular EV models including the MG ZS EV, BYD Atto 3, Tata Nexon EV, BYD Dolphin, and more. Whether you are buying a used EV in India or estimating the future resale value of your new electric car, this guide gives you real market data — not estimates.
EV Depreciation Rankings in India
Normalized comparison — all vehicles ranked on the same basis regardless of available data age. ★ marks rows backed by actual market listings at that age.
Showing 22 of 22 models
| # | Vehicle | Annual Loss |
|---|---|---|
| 1 |  | 1.4%/yr |
| 2 |  | 2.4%/yr |
| 3 |  | 4.7%/yr |
| 4 |  | 6.8%/yr |
| 5 |  | 7.1%/yr |
| 6 |  | 7.2%/yr |
| 7 |  | 7.6%/yr |
| 8 |  | 9.4%/yr |
| 9 |  | 9.9%/yr |
| 10 |  | 10.2%/yr |
| 11 |  | 10.3%/yr |
| 12 |  | 10.6%/yr |
| 13 |  | 10.8%/yr |
| 14 |  | 11.4%/yr |
| 15 |  | 11.9%/yr |
| 16 |  | 14.4%/yr |
| 17 |  | 16.1%/yr |
| 18 |  | 18.0%/yr |
| 19 |  | 18.6%/yr |
| 20 |  | 31.0%/yr |
| 21 |  | 40.3%/yr |
| 22 |  | 42.3%/yr |
Depreciation Curves by Model
Detailed year-by-year depreciation for models with 3+ active listings. Prices sourced from real used EV listings in India.
| Year | Age | Avg Price | Depreciation |
|---|---|---|---|
| 2026 | 0 yr | ₹69,90,740 | 1.4% |
| 2025 | 1 yr | ₹69,90,74069.90 L – 70.90 L | 1.4% |
| Year | Age | Avg Price | Depreciation |
|---|---|---|---|
| 2025 | 1 yr | ₹13,44,00011.99 L – 14.00 L | 4.0% |
| 2024 | 2 yr | ₹13,44,00012.00 L – 14.00 L | 4.0% |
| Year | Age | Avg Price | Depreciation |
|---|---|---|---|
| 2025 | 1 yr | ₹39,77,000 | 3.0% |
| 2024 | 2 yr | ₹36,94,10031.00 L – 41.00 L | 9.9% |
| Year | Age | Avg Price | Depreciation |
|---|---|---|---|
| 2025 | 1 yr | ₹46,72,62043.90 L – 49.26 L | 8.2% |
| 2024 | 2 yr | ₹44,53,75039.75 L – 50.50 L | 12.5% |
| Year | Age | Avg Price | Depreciation |
|---|---|---|---|
| 2025 | 1 yr | ₹69,67,50067.00 L – 71.75 L | 7.1% |
| Year | Age | Avg Price | Depreciation |
|---|---|---|---|
| 2025 | 1 yr | ₹21,96,62121.95 L – 22.00 L | 12.1% |
| 2024 | 2 yr | ₹20,79,16819.95 L – 23.00 L | 16.8% |
| 2023 | 3 yr | ₹20,79,16820.00 L – 25.00 L | 16.8% |
What is My EV Worth in India?
Use this guide to estimate a fair price before buying or selling a used EV in India.
Vehicle Age
Age is the single biggest factor. EVs typically lose 15–25% of value in year 1, then 8–12% per year thereafter.
Battery Health
A battery reading above 85% is considered healthy. Below 75%, expect a significant price reduction — and budget for eventual replacement.
Mileage / Odometer
For EVs, mileage matters less than for petrol cars, but high km readings (above 80,000 km) do impact resale price in India.
Brand & Service Network
Brands with strong authorised service centers in India (MG, Tata, BYD) command higher resale prices due to buyer confidence.
Key Insights: EV Resale Value in India
Best Value Holder
Mg M9
1.4%
annual depreciation rate
Average Depreciation
All India EVs
~14%
per year (normalized)
Highest Depreciation
Tata Curvv EV
42.3%
annual depreciation rate
Summary for India EV Buyers
- +The Mg M9 offers the strongest resale value in India, losing only 1.4%/yr on average — based on 5 real used listings.
- !The Tata Curvv EV depreciates the fastest at 42.3%/yr — consider this when budgeting for resale.
- +Average annual depreciation across all India EVs is ~14%/yr (normalized), based on 2600+ real used EV listings from 22 models.
- +Top 3 best resale value: Mg M9 (1.4%/yr), Mg Windsor EV (2.4%/yr), and Byd Seal (4.7%/yr).
- +Battery health is the most important factor when evaluating a used EV — always request an OBD diagnostic before purchase.