Car Resale Value & IDV — Computed, Not Guessed
Two honest numbers exist for what a car is worth as it ages: the IDVyour insurer must use (fixed by IRDAI's schedule — 5% depreciation under 6 months, rising to 50% at 4–5 years), and the market-wide average — cars lose 21% by year one, 33% by year three and 41% by year five per the Autocar India–Spinny Used Car Study 2026 (11,000+ transactions, 9 cities). Every page below computes the first from our verified prices (October 2026) and cites the second. Rupee-exact "predictions" for a specific car don't appear here, because nobody can honestly make them.
The two schedules at a glance
IRDAI IDV depreciation (contractual)
| Up to 6 months | −5% |
| 6 months – 1 year | −15% |
| 1 – 2 years | −20% |
| 2 – 3 years | −30% |
| 3 – 4 years | −40% |
| 4 – 5 years | −50% |
Market average (Autocar–Spinny 2026)
| After 1 year | −21% |
| After 3 years | −33% |
| After 5 years | −41% |
11,000+ transactions across 9 cities; individual cars vary widely.