What can be the expected resale value of a Mahindra Thar?

What is the resale value I can expect for my 2021 Mahindra Thar LX Petrol AT, which has done 29,000km? I want to trade my Thar for the new Roxx 2WD Diesel AT.

Ricky, Pune

Autocar India says: Several factors influence the resale value of your vehicle. These include the condition, body colour, number of owners, accident/flood history, etc., as well as the demand for the vehicle in your region. For your Thar, you can expect a residual value ranging between Rs 11 lakh and Rs 13 lakh. As far as the Thar Roxx is concerned, it is a huge step up over your Thar in terms of overall space, comfort, practicality and an upmarket feel. 

Also See:

Mahindra Thar Roxx review: An SUV that does it all?

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Used SUV buying guide: Mahindra Thar