India has always been one of the best markets for budget cars under Rs. 3 lakhs. With an increasing number of people showing interest in upgrading from their two-wheelers to cars every year, car manufacturers are responding with models that are priced attractively.
Apart from the benefit of more space and added protection from environmental factors, budget cars under Rs. 3 lakhs in India also have another major advantage going for them - fuel efficiency. This makes them the perfect choice for individuals worried about rising fuel costs impacting their car ownership. With cars priced less than Rs. 3 lakh like the Bajaj Qute (RE60), you won’t have to worry about having to spend a significant amount for fuel alone.
That’s not all. Buying a new car doesn’t just stop with you having to pay the cost of the car. It also entails having to pay for an adequate car insurance plan as well, considering that it is illegal to drive a car in India without a valid insurance plan. Car insurance can also help protect you financially in the event of an accident as well. Therefore, it is advisable to factor in the insurance cost as well when purchasing a new car.