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Best Cars in India under 8 Lakhs

To cater to the price-conscious consumers in India, car manufacturers are consistently coming up with plenty of car models priced under Rs. 8 Lakhs. Below this price bracket, you can find cars across multiple segments ranging from hatchbacks to sedans.

 

Some of the best hatchback cars in India with a price tag below Rs. 8 lakhs include the latest Tata Punch, Maruti Suzuki Swift, Tata Altroz, Maruti Suzuki Baleno and Volkswagen Polo. Alternatively, if you’re looking for more space, then you can consider purchasing a sedan like the Maruti Suzuki Dzire, Honda Amaze, Hyundai Aura or the Tata Tigor.

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List of Top cars under Rs. 8 Lakhs in India

Now, let’s get to the most interesting part of the article. Considering the fact that there are almost 20 different cars under Rs. 8 Lakhs (on-road price), making the right purchase decision may be a lot tougher than you think. So, to make it easier for you, we’ve come up with the list of the top 10 cars under Rs. 8 Lakhs that you should consider. Here’s a quick look at them.

Top cars under Rs. 8 lakhs

On road prices

Insurance premium costs

Tata Punch

Rs. 6.20 Lakhs to Rs. 7.97 Lakhs

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Maruti Suzuki Swift

Rs. 6.46 Lakhs to Rs. 7.57 Lakhs

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Tata Altroz

Rs. 7.02 Lakhs to Rs. 7.86 Lakhs

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Maruti Suzuki Baleno

Rs. 6.91 Lakhs to Rs. 7.87 Lakhs

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Tata Tigor

Rs. 6.36 Lakhs to Rs. 7.75 Lakhs

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Maruti Suzuki Dzire

Rs. 6.85 Lakhs (LXI)

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Kia Sonet

Rs. 7.82 Lakhs (1.2 HTE)

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Honda Amaze

Rs. 7.23 Lakhs (Amaze E)

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Volkswagen Polo

Rs. 7.39 Lakhs (Trendline)

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Hyundai Aura

Rs. 7.02 Lakhs (Aura E)

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Now that you’ve seen the list of the top cars below Rs. 8 Lakhs, here’s something that you should know. The on-road prices mentioned above for each of the cars pertain to Delhi. And depending on your location, the on-road prices may change. This is due to the different levels of RTO registration charges. So, make sure you account for this difference when purchasing the best car under Rs. 8 Lakhs.

Also, in addition to the RTO registration charges, the car insurance premiums that you would have to pay may also be different depending on your location, the car that you wish to purchase and the insurance service provider you choose. Therefore, to get a better idea of what the insurance premium for the car that you choose is, make sure to use the online car insurance calculator available on Finserv MARKETS.

Tata Punch

 (Source: Wikimedia Commons)

A compact SUV offering from Tata Motors, the Tata Punch is a relatively new car that was released in the year 2021. Featuring a design that’s very similar to Tata Motors’ flagship SUV - the Harrier, the entry level models of the car currently retails for Rs. 6.20 Lakhs to Rs. 7.97 Lakhs (on-road). The insurance premiums for the car are around the range of Rs. 32,392 to Rs. 37,728. Some of the class-leading features in the compact SUV include an advanced infotainment system, a flat-bottom steering wheel, projector headlamps and LED DRLs, and 90-degree opening doors. Thanks to so many features and a practical design, the Tata Punch is easily one of the best cars up to Rs. 8 Lakhs that you can own.

Car Variables/Features

Details

On-road price range

Rs. 6.20 Lakhs to Rs. 7.97 Lakhs

Insurance cost

Rs. 32,392 to Rs. 37,728 (approximately)

Safety rating

5-star rating

Engine capacity

1199 cc

Transmission type

5-speed manual transmission 

5-speed automated manual transmission

Fuel Type

Petrol

Mileage

18.97 kilometres per litre

Seating capacity

Up to 5 individuals

 

Maruti Suzuki Swift

 (Source: Wikimedia Commons)

The Swift is arguably one of the best selling and the most popular hatchbacks to have ever been introduced in India. Even in its present generation, it is one of the most fuel efficient and hassle-free cars below Rs. 8 Lakhs in India. The LXI and the VXI variants of the Maruti Suzuki Swift can be purchased for Rs. 6.46 Lakhs and Rs. 7.57 Lakhs (on-road), with their car insurance premiums being approximately Rs. 33,316 and Rs. 36,407 respectively. The latest generation Swift gets plenty of new features such as LED DRLs, projector headlamps, cruise control, a multi-information display (MID), and idle start stop function.

Car Variables/Features

Details

On-road price range

Rs. 6.46 lakhs to Rs. 7.57 lakhs

Insurance cost

Rs. 33,316 to Rs. 36,407 (approximately)

Safety rating

2-star rating (Global NCAP)

Engine capacity

1197 cc

Transmission type

5-speed manual transmission

Fuel Type

Petrol

Mileage

23.20 kilometres per litre

Seating capacity

Up to 5 individuals

 

Tata Altroz

 (Source: Wikimedia Commons)

The Altroz is Tata Motors’ flagship hatchback. Featuring a striking design that’s aesthetic and pleasing to the eye, the Altroz checks all the right boxes. The entry level models of the Tata Altroz retails for Rs. 7.02 lakhs to Rs. 7.86 lakhs (on-road), with their car insurance premiums being in the range of Rs. 28,940 to Rs. 37,360. Equipped with a responsive infotainment system by Harman, dual front airbags, rear AC vents, ambient lighting system, and 90-degree opening doors, the Altroz is a class apart when it comes to hatchbacks.

Car Variables/Features

Details

On-road price range

Rs. 7.02 Lakhs to Rs. 7.86 Lakhs

Insurance cost

Rs. 28,940 to Rs. 37,360 (approximately)

Safety rating

5-star rating

Engine capacity

1199 cc

Transmission type

5-speed manual transmission

Fuel Type

Petrol

Mileage

18.53 kilometres per litre

Seating capacity

Up to 5 individuals

 

Maruti Suzuki Baleno

(Source: Wikimedia Commons)

Sold through its Nexa outlets, the Baleno is Maruti Suzuki’s premium hatchback offering. Some of the features that the current generation Baleno comes with includes a touchscreen SmartPlay studio, dual tone interiors, UV cut glass, anti-pinch windows, 60:40 rear split seats, and a centre armrest. The Sigma and Delta versions of the hatchback can be purchased for Rs. 6.91 lakhs and Rs. 7.87 lakhs respectively. The car insurance premiums for both the above versions are approximately Rs. 34,199 and Rs. 37,401. If you’re looking for a new car under Rs. 8 lakhs in the premium hatchback segment, the Maruti Suzuki Baleno may just be the one for you. Let’s take a look at a few more details of the car.

Car Variables/Features

Details

On-road price range

Rs. 6.91 Lakhs to Rs. 7.87 Lakhs

Insurance cost

Rs. 34,199 to Rs. 37,401 (approximately)

Safety rating

Not tested

Engine capacity

1197 cc

Transmission type

5-speed manual transmission

Fuel Type

Petrol

Mileage

21.01 kilometres per litre

Seating capacity

Up to 5 individuals

 

Tata Tigor

(Source: Wikimedia Commons)

The Tata Tigor is a compact sedan offering that’s based on the car manufacturer’s hatchback - Tiago. Touted as one of India’s safest sedans, the entry level and mid-level variants of the Tigor retails in the range of Rs. 6.36 Lakhs to Rs. 7.75 Lakhs (on-road), with the insurance premiums for the models being in the range of Rs. 32,944 to Rs. 36,992. The Tata Tigor is equipped with several unique features such as a cooled glovebox, a digital instrument cluster, electrically adjustable mirrors, and corner stability control. Here’s some more key information regarding the car.

Car Variables/Features

Details

On-road price range

Rs. 6.36 Lakhs to Rs. 7.75 Lakhs

Insurance cost

Rs. 32,944 to Rs. 36,992 (approximately)

Safety rating

4-star rating

Engine capacity

1199 cc

Transmission type

5-speed manual transmission

 

5-speed automated manual transmission

Fuel Type

Petrol

Mileage

19.27 kilometres per litre

Seating capacity

Up to 5 individuals

 

Maruti Suzuki Dzire

(Source: Wikimedia Commons)

Based on the Swift hatchback, the Maruti Suzuki Dzire is a compact sedan offering. The LXI variant of the sedan is available for sale for Rs. 6.85 Lakhs (on-road), with the car insurance premium being Rs. 34,015. The Dzire sedan comes with several features that it shares with the Swift and some more such as auto folding ORVMs, wood finish dashboard, and steering mounted controls, being a few of them. Read on to get to know more about the best car under Rs. 8 Lakhs in India in terms of fuel efficiency and practicality.

Car Variables/Features

Details

On-road price range

Rs. 6.85 Lakhs

Insurance cost

Rs. 34,015 (approximately)

Safety rating

2-star rating (Global NCAP)

Engine capacity

1197 cc

Transmission type

5-speed manual transmission

Fuel Type

Petrol

Mileage

23.26 kilometres per litre

Seating capacity

Up to 5 individuals

 

Kia Sonet

(Source: Wikimedia Commons)

A compact SUV with a muscular design and spacious interiors, the Kia Sonet is the best car below Rs. 8 Lakhs in terms of features offered. Very few cars in the compact SUV segment come with as many features as the Sonet. For instance, multi-drive modes, traction modes, rear window sunshade curtain, and connected car technology are few of the unique features that are available in the Kia Sonet. The base variant of the Sonet is priced at Rs. 7.82 Lakhs (on-road), with the insurance costs being around Rs. 31,512. Check out the table below for some more information.

Car Variables/Features

Details

On-road price range

Rs. 7.82 lakhs

Insurance cost

Rs. 31,512 (approximately)

Safety rating

Not yet rated

Engine capacity

1197 cc

Transmission type

5-speed manual transmission

Fuel Type

Petrol

Mileage

18.4 kilometres per litre

Seating capacity

Up to 5 individuals

 

Honda Amaze

(Source: Wikimedia Commons)

A sub-4 metre sedan offering from Honda, the Amaze is currently in its 2nd generation and comes with several key features as standard. The LED projector headlamps with DRLs, dual tone interiors, bucket seats, touch screen infotainment system, ABS with EBD, and dual front airbags are a few examples of the kind of features that the Amaze is offered with. The on-road price of the entry level variant of this compact sedan comes up to Rs. 7.23 Lakhs (on-road), with Rs. 28,742 being its car insurance premium. For more information on the car, refer to the table below.

Car Variables/Features

Details

On-road price range

Rs. 7.23 Lakhs

Insurance cost

Rs. 28,742 (approximately)

Safety rating

4-star rating

Engine capacity

1199 cc

Transmission type

5-speed manual transmission

Fuel Type

Petrol

Mileage

18.6 kilometres per litre

Seating capacity

Up to 5 individuals

 

Volkswagen Polo

(Source: Wikimedia Commons)

If you’re looking for a vehicle with a timeless design and an exceptional engine then the Volkswagen Polo may just be the best car to buy under Rs. 8 Lakhs. Ever since its introduction in India, the design of the Polo has remained a constant barring a few cosmetic updates. Despite being in production for such a long time, the car doesn’t feel old or dated. You can get the Trendline variant of the German hatchback for as low as Rs. 7.39 Lakhs. The car insurance premium that you would have to pay for this variant would be just Rs. 31,077.

Car Variables/Features

Details

On-road price range

Rs. 7.39 Lakhs

Insurance cost

Rs. 31,077 (approximately)

Safety rating

4-star rating

Engine capacity

999 cc

Transmission type

5-speed manual transmission

Fuel Type

Petrol

Mileage

17.74 kilometres per litre

Seating capacity

Up to 5 individuals

 

Hyundai Aura

The Hyundai Aura is a sub-4 metre sedan that’s based off a hatchback from the South Korean car manufacturer - the Grand i10 Nios. Although the car shares most of its features with the Grand i10 Nios, it also gets certain unique features such as a satin silver front grille, Z-shaped LED tail lamps, rear chrome garnish, and more. The entry level variant of the Hyundai Aura can be purchased for just Rs. 7.02 Lakhs (on-road), making it one of the few cars under Rs. 8 Lakhs that give maximum value for money. Even the car insurance premium for this variant is quite low at just Rs. 31,272.

Car Variables/Features

Details

On-road price range

Rs. 7.02 Lakhs

Insurance cost

Rs. 31,272 (approximately)

Safety rating

Not yet rated

Engine capacity

1197 cc

Transmission type

5-speed manual transmission

Fuel Type

Petrol

Mileage

20.5 kilometres per litre

Seating capacity

Up to 5 individuals

 

Conclusion

Now that you’re aware of the list of cars under Rs. 8 Lakhs in India, go ahead and start evaluating them one by one to find out which vehicle fits your requirements the best. And while you’re at it, don’t forget to request for a test drive since driving the car first hand is the best way to arrive at a proper purchase decision.

That said, whatever car under Rs. 8 Lakhs you decide to ultimately purchase, make sure to never forget to buy a comprehensive car insurance plan. This way, you can give your new car the financial protection that it needs and avoid exorbitant fines from the traffic authorities.

And on the other hand, if you already own a car with a valid insurance plan, remember to renew it on time. Renewing your car insurance plan before it expires can ensure that you enjoy uninterrupted protection on all fronts.

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FAQs on Best Cars under 8 lakhs

✔️Is the cost of insurance included in the on-road price of a car?

 Yes. The on-road price of a car includes the cost of car insurance and RTO registration charges as well.  

✔️Why does the on-road price of cars vary depending on the purchaser’s location?

 One of the primary reasons for the difference in on-road prices has to do with the varying levels of taxes and RTO registration charges that states levy. Sometimes, depending on the location, the car insurance premium may also be different, which can ultimately have an impact on the on-road price of a car.  

✔️Which is the best car under Rs. 8 Lakhs in terms of fuel efficiency?

The Maruti Suzuki Swift and the Maruti Suzuki Dzire are two cars below Rs. 8 Lakhs that have the highest fuel efficiency of 23.20 kilometres per litre and 23.26 kilometres per litre respectively.  

✔️What cars below Rs. 8 Lakhs come with full 5-star safety ratings?

Tata Punch and Tata Altroz are two of the cars under Rs. 8 Lakhs in India to have maximum 5-star safety ratings according to Global NCAP. 

✔️Are there any upcoming cars under Rs. 8 lakhs?

 Of course. There are multiple different cars under Rs. 8 Lakhs that are slated to launch in India in the near future. Maruti Solio, Tata Tiago EV, Maruti Suzuki Baleno (2022), Citroen C3, and Hyundai Casper are a few of the upcoming cars.