Faw v2 is good if you are not concern about resale, my uncle bought it in silver color (drove it round 844km from isb to lhr and back to isb) and I own Suzuki Wagon R so now compare:
- Exterior V2 has better look than Wagon R, V2 look more like vitz and swift decent one.
Interior: Built quality of Wagon R is better than V2 I am talking about specially door rubber that reduces noise at high speed. In V2 you can hear more wind noise than Wagon R.
Wagon R is more spacious than V2,
I personally love WR dashboard than V2, also V2 has some quality issues like noise in dashboard on bumpy roads.
WR has better driving view than V2,
V2 has a power engine like swift (I own swift too) whereas Wagon R has a small engine.
V2 is more stable at 170 km/hr and I did 165 km/hr on wagoner and it was its limit...
Resale and parts as WR is local Suzuki so no issues while V2 you have a limited choice.
Modifications Wagon R has bundles of mode while V2 non.
Fuel Eco Wagon R is more fuel efficient because its 1000cc and without any biasness V2 max did 14 km/l (with 60℅a/c) on motorway and WR has a milage of 18km/l on motorway with a/c.