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Best Cars Under 7 Lakh

For prospect buyers looking for a car below Rs. 3 lakhs, the market has a few new entries that are available within this budget. These new cars under Rs. 3 Lakhs are a smart choice particularly for individuals looking to save on costly after-sales service and parts. These entry-level cars also manage to retain their resales value over an extended period of time. This makes these Rs. 3 lakhs cars on this list a very viable option for long term car ownership.

We’ve listed the top cars under Rs. 3 lakhs that you should consider on your next purchase:

1. Renault Kwid

The Kwid is Renault’s answer to India’s favorite entry-level hatch, the Maruti Alto. The Kwid pleasantly surprises with its SUV-inspired styling, digital dials and touchscreen infotainment system. Since it was launched, the car has successfully established that a budget hatchback doesn't have to be boring. The compact car is available with two petrol engine options, the larger of which can also be had with AMT. Climber editions are distinguished with bolder colours and sport trendy detailing on the inside. 2019's facelift has brought revised styling, a refreshed cabin and more features to the Kwid.

Car Name

Renault Kwid

One Road Price

Rs. 3.64 Lakhs (Delhi)

Mileage

22 - 24 Kmpl

Engine

799 - 999 cc

Transmission

Manual and Auto (AMT)

Fuel Type

Petrol

Seating Capacity

5

Available Variants

8

2. Maruti Suzuki Alto

The evergreen Maruti Suzuki Alto 800 received a major revision with perhaps the biggest upgrade involving the dropping of the ‘800’ tag from its name. In addition to the exterior and interior updates, the refreshed Maruti Alto is now compliant with India’s latest safety standards. Its 796cc engine has also been made BS-VI emission norms-ready, ensuring the Alto will remain on sale for a good few more years to come. The diminutive Alto is available in petrol and CNG versions but there's no automatic gearbox option. The car is among the most affordable passenger automobiles on sale in India. Along with great value for money, buyers get Maruti’s peace-of-mind ownership experience for years to come.

Car Name

Maruti Suzuki Alto

One Road Price

Rs. 3.32 Lakhs (Delhi)

Mileage

22.05 - 31.59 Kmpl

Engine

796 cc

Transmission

Manual

Fuel Type

Petrol and CNG

Seating Capacity

5

Available Variants

6

3. Datsun Redi-Go

The Redigo is a budget hatchback from the Japanese car manufacturer Datsun’s. It shares its basic mechanicals DNA with the Renault Kwid. However, when it comes to looks, both inside and outside, the Redigo has a few quirks up its sleeves. The Redigo is available with two petrol engine options – a 0.8-litre and a 1.0-litre – with the latter available with the option of an AMT auto. While a heavily updated Redigo is in the works, Datsun has made ABS standard across the range.

Car Name

Datsun Redi-Go

One Road Price

Rs. 3.29 Lakhs (Delhi)

Mileage

20.71 – 22 Kmpl

Engine

799 - 999 cc

Transmission

Manual and Auto (AMT)

Fuel Type

Petrol

Seating Capacity

5

Available Variants

6

4. Maruti Alto 800

Since its launch, the new Maruti Suzuki Alto 800 has been rather well received. After 12 generations of the first-gen Maruti 800, the car is still going strong. The all new Alto 800 looks and feels significantly different from the old Alto and it’s priced extremely well too. The Alto 800 continues to be powered by the small 796cc, three-cylinder primitive F8D motor. On the fuel efficiency front, the Alto gave a respectable 13.3kpl in the city and a decent 17.8kpl out on the highway.

Car Name

Maruti Alto 800

One Road Price

Rs. 3.32 Lakhs (Delhi)

Mileage

22.05 to 31.59 Kmpl

Engine

796 cc

Transmission

Manual

Fuel Type

Petrol and CNG

Seating Capacity

5

Available Variants

6

Give your car the best protection with Finserv MARKETS

The list of cars below 3 Lakhs are entry-level cars that are dominating the Indian auto marketplace. The list provides a concise perspective on features and specification that make each car uniquely different. Make sure to go over the specification carefully before you come to a conclusion on which car to buy. The best car under 3 lakhs offers a host of benefits like practicality, cost-effectiveness, and most importantly, the hardiness to take on the toughest Indian road terrain. Once you have found your dream car below 3 Lakh, make sure to give your car the much needed protection of a good motor insurance. In the event of an accident or natural calamity, your car will be protected for any eventually.

Finserv MARKETS offers some of the best insurance plans by trusted partners that offer their own damage protection, third party protection and comprehensive plans. The comprehensive car insurance policy not only covers damages that occurred to your car during an accident but also covers the repairs and costs incurred to third-party property. Moreover, you can enhance your financial protection by choosing from a variety of add-on covers that give added protection to the policyholder and add much needed convenience to the car ownership experience.

Check Out Car Insurance Plans Available at Finserv MARKETS

FAQs related to Cars Under ₹3 Lakhs

  • ✔️What is the best car to buy under 3 lakhs?

    The best-selling car under Rs. 3 Lakhs is the Maruti Suzuki Alto. The base-model STD comes at an ex-showroom price of Rs. 2.99 Lakhs and it has a number of modern features like power-steering and AC.

  • ✔️Should I consider an AMT in my choice of the best car under 3 lakhs?

    Choosing an AMT really depends on where you predominantly plan to drive. If you drive majorly on city roads, which require you to constantly change gears, then an AMT makes complete sense.

  • ✔️What fuel type should I consider for cars below 3 lakhs?

    There are primarily two types of fuel types available in the best cars below 3 lakhs. Petrol CNG. If you primarily drive within city limits, the petrol variants make sense. If your city is well connected with CNG pumps, the CNG variants of the best cars under 3 Lakhs will be a cost effective option.

  • ✔️What is the lowest price car under 3 lakhs?

    The lowest priced car in our list of the best cars to buy under 3 lakhs is the Maruti Suzuki Alto 800. The car is available at an ex-showroom price of Rs. 2.99 Lakhs.

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