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Which Hyundai Grand i10 trim depreciates the fastest?

Initially slotting in between the smaller Hyundai i10 and larger i20, the Grand i10 has always filled an important niche in this manufacturer’s local model range. Following a range re-positioning in 2018, it even (briefly) served as Hyundai’s entry-level model, but that mantle has now been handed to the even-smaller new Atos. How does its popularity affect the Grand i10’s resale value? We looked at the revised 2018 range to see which trim depreciates the fastest.

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The 2018 update served to expand the Grand i10 range’s appeal to the lower end of the market, and introduced a new 1.0-litre, 3-cylinder base engine to compliment the established 1.2-litre 4-cylinder derivative. Some trim changes were also applied, along with a light restyle. This served to give the Grand i10 wider appeal in the supermini/city car market, and led to resurgent sales success midway through this model’s lifecycle. 

Related: In our review of the Hyundai Grand i10, we almost gave it full marks.

 

How does this popularity impact on the updated Grand i10’s resale value, and which variant holds onto its value the best? To determine which trim depreciates the fastest, we searched AutoTrader for used, 2018 model year Hyundai Grand i10s with up to 50 000 km on their odos (corresponding to the industry average mileage of 20 000 km per year), and compared their averaged current prices to what they cost when new. We also calculated the percentage of its value it retained over this period, expressed as a percentage of the various trim levels’ new-car pricetag. 

 

2018 Hyundai Grand i10 1.0 Motion manual

New Price: R149 900

Average Current Price: R136 965

Value Retained: 91.4%

The entry-level Grand i10 is clearly extremely popular in the used-car market. Not only are there 37 different examples listed on AutoTrader at the time of writing (that’s a lot for such a narrow search focus), but the lowest-mileage ones actually command a higher price than they did when new! The average current price of a 2018 Grand i10 1.0 Motion is however still 91.4% of what it cost two and a half years ago, which is astoundingly low depreciation for a budget-focused city car.

 

2018 Hyundai Grand i10 1.0 Motion automatic

New Price: R169 900

Average Current Price: R155 958

Value Retained: 91.8%

Sticking to the same trim level but opting for an automatic gearbox sees the 2018 Grand i10 1.0 Motion retain even more of its new-car value. That’s in spite of the fuel consumption- and performance penalties that come with the switch from a 5-speed manual to a 4-speed automatic, indicating that this trim level/gearbox combination certainly struck a sweet spot with buyers. As with the 1.0 Motion manual, some low-mileage examples still retail for the same (or more) money as they did when new. 

 

2018 Hyundai Grand i10 1.0 Fluid manual

New Price: R169 900

Average Current Price: R154 211

Value Retained: 90.8%

Its value retention might be the weakest of the three 1.0-litre derivatives, but the Fluid manual trim level nonetheless still retains a very impressive 90.8 % of its new-car value after two and a half years. Once again, the most-expensive example of a 1.0 Fluid in our listings retails for the same value for which it was first sold in 2018, and sets a trend followed by a majority of them.

Clearly, Hyundai’s decision to introduce these entry-level derivatives (positioned below the established 1.2-litre variants) was a prescient one, because buyers apparently can’t get enough of the smaller-engined derivatives.

 

2018 Hyundai Grand i10 1.2 Fluid manual

New Price: R189 900

Average Current Price: R163 851

Value Retained: 86.3%

There’s a staggering selection of 1.2 manual Fluids in our listing pages – 112, to be exact. It’s probably due to this massive supply that this derivative has the lowest resale value thus far, with “only” 86.3% of its new-car value still in place. With that said, 86.3% is remarkable value retention in its own right. Just because the 1.0 does better doesn’t make the 1.2 bad at all...

 

2018 Hyundai Grand i10 1.2 Fluid automatic

New Price: R206 900

Average Current Price: R172 397

Value Retained: 83.3%

In an interesting turn of events, the 1.2 Fluid automatic sheds value even quicker than the manual version. However, this may just be a statistical anomaly caused by a small sample size (7 cars), one of which had a considerably lower pricetag than the others. Taking that dramatic outlier out of the equation results in a value retention percentage of 86.7%, which would be more in line with the pattern established by its siblings.

 

2018 Hyundai Grand i10 1.2 Glide manual

New Price: R202 900

Current Price: R169 900

Value Retained: 83.7%

There was only one example of a 2018 Glide 1.2 in our listings pages at the time of writing, so the sample size is too small to be reliable. However, we calculated its value retention anyway, and the result turned out to be a still-commendable 83.7%. This is roughly in line with the other 1.2-litre derivatives, and perhaps also confirms the broad generalisation that higher-trim variants of budget cars tend to depreciate more quickly than the entry-level derivatives.

Related: There's a new Hyundai i10 on the way to South Africa - find out more about the upcoming model here.

 

 

Analysis

The core take-away here is that the smaller-engined Grand i10 derivatives hold onto their value markedly better than the larger-engined variants, but that the whole range nonetheless performs very well in the value retention stakes. The best used-car value buy will likely be the 1.2 Fluid with whichever transmission the buyer prefers, if for no reason other than that there are so many of them around. If you’re planning to buy a new one, it might be worth knowing that a 1.0-litre will probably give you more of your money back when you sell it again.

 

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