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Low Budget Cars in India

Cars have become a basic requirement for middle-class families in India. Whether you want to take a vacation, or travel frequently for work, having your car is the best option. It used to be the case that not everyone could own a car. However, with easy access to credit and the availability of multiple lowest-cost cars, every middle-class family can own a car.

Given the large consumer base in India, automobile manufacturers are making many pocket-friendly options available. A competitive market has also made sure that even when you buy the lowest budget car, you do not have to compromise on basic features. India has one of the most diverse markets if you want to buy the best car at a low price. While Tata Nano has the distinction of being the cheapest car in the world, it is not the ideal car for most families. Besides, no one wants to own a car that is known to be the cheapest. Just with a little extra budget, you have many more options available to you.

What to consider before buying the best car at a low price?

While cost is one of the major considerations for most people when buying a car, it should not be the only deciding factor. You should consider handling, performance, features, and comfort. You should also pay attention to mileage and maintenance costs. Some consideration should also be paid to the car company, servicing facilities, warranty, etc. to make sure that you get the best car at a low price that suits your needs.

Top 10 Cars to Buy under Rs. 5 Lakhs in 2021

There are countless options in India for getting the lowest budget car. If you are confused regarding what car to buy, you can use this list to narrow down your choice among the lowest budget cars.

1. Bajaj Qute

Bajaj Qute is a fuel-efficient car available in both petrol and CNG versions, it is an economical choice. The engine is not very powerful but gives excellent mileage. Qute basically has a rickshaw engine with the body of a car. However, it still comes with a slew of features such as an anti-lock braking system, FM player with two speakers, USB charger, power steering, etc. Qute is uniquely suited for city life since it takes significantly less parking space compared to other cars on this list.

Car name

Bajaj Qute

Price

2.48 - 2.72 Lakhs (Delhi)

Mileage

35 kmpl

Engine displacement

216cc

Fuel type

Petrol or CNG

Transmission

Manual

Best features

Great mileage, low maintenance, compact

2. Datsun Redi-GO

Since its launch, Datsun Redi-GO has been a great option. The Redi-GO is available in an automatic version to avoid the hassle of continuously changing gear amid city traffic. While it is slightly expensive on the list, Redi-GO provides many features of high-end cars within a middle-class family’s budget.

Car name

Datsun Redi-GO

Price

3.83 - 4.95 Lakhs (Delhi)

Mileage

22 kmpl

Engine displacement

799cc/999cc

Fuel type

Petrol

Transmission

Manual or Automatic

Best features

Airbags, parking sensors (rear)

3. Renault Kwid

Kwid is one of the best cars if you are looking for a combination of efficiency and features. It has a 279-liter boot space suitable for families with lots to carry. It also provides enhanced safety by providing airbags for both the driver and the passenger.

Car name

Renault Kwid

Price

3.12 - 5.31 Lakhs (Delhi)

Mileage

22.3 kmpl

Engine displacement

799cc

Fuel type

Petrol

Transmission

Manual or automatic

Best feature

High-quality engine, enhanced safety

4. Maruti Alto 800

Maruti is one of the most trusted brands in India, if you are in a small town and worry that a service center may not be available near you, you should go for Maruti. Among the lowest budget cars, Maruti possibly has the best range of options. Alto 800 comes in petrol and CNG variants.

Car name

Maruti Alto 800

Price

2.99 - 4.6 Lakhs (Delhi)

Mileage

22 kmpl

Engine displacement

796cc

Fuel type

Petrol

Transmission

Manual

Best feature

Dual front airbags, low maintenance

5. Maruti S-Presso

The S-Presso is a great choice if you are looking for an automatic transmission system within budget. It provides comfort and convenience with the trust of the Maruti brand. It provides rich features like super-powerful air conditioning, steering-mounted audio control, and a 7-in touchscreen infotainment system compatible with Android and iOS.

Car name

Maruti S-Presso

Price

3.78 - 5.26 Lakhs (Delhi)

Mileage

21.4 kmpl

Engine displacement

998cc

Fuel type

Petrol or CNG

Transmission

Manual or automatic

Best feature

Low running cost

6. Maruti Eeco

Maruti Eeco is the best option if you are looking for a big car within budget. It has plenty of room with 275-liter boot space. However, you have to compromise a little on mileage. The Eeco is a minivan, it is a particularly attractive option for larger families. It also comes with rear parking sensors.

Car name

Maruti Eeco

Price

4.08 - 5.29 Lakhs (Delhi)

Mileage

16 kmpl

Engine displacement

1196

Fuel type

Petrol or CNG

Transmission

Manual

Best feature

Spacious, 7-seater option available

7. Maruti Celerio

Celerio gives you the option of choosing the automatic or manual transmission system. Since it is a Maruti car, you also have ease of service anywhere across India. Celerio is great for long-distance traveling due to its comfortable interior and 60-liter fuel tank.

Car name

Maruti Celerio

Price

4.65 - 5.90 Lakhs (Delhi)

Mileage

30 kmpl

Engine displacement

998cc

Fuel type

Petrol or CNG

Transmission

Manual or automatic

Best feature

AMT gearbox, large fuel tank

8. Maruti Wagon R

Wagon R is one of the most popular cars made by Maruti. Its popularity is well reasoned, it provides an impeccable combination of quality, efficiency, and affordability. It is the perfect car for most Indian families. The only disadvantage is its compactness, which leaves somewhat lesser interior space.

Car name

Maruti Wagon R

Price

4.65 - 6.33 Lakhs (Delhi)

Mileage

21.8

Engine displacement

998 cc - 1197 cc

Fuel type

Petrol or CNG

Transmission

Manual or automatic

Best feature

Compact, powerful engine

9. Hyundai Santro

Hyundai Santro’s previous versions were much more popular. While its popularity has gone down, it is still a versatile, feature-rich car. If you are partial to having a car from a reputed international firm, it is one of the best options in India. Santro provides a smooth ride and handling even at high speeds. The quality of interiors in Santro is unmatched among its rivals in the same price range.

Car name

Hyundai Santro

Price

4.67 - 6.35 Lakhs (Delhi)

Mileage

20 kmpl

Engine displacement

1086cc

Fuel type

Petrol or CNG

Transmission

Manual or automatic

Best feature

Interior quality, quality engine

10. Tata Tiago

Tiago is almost the same price and mileage as Hyundai Santro; however, it comes fitted with a much more powerful engine displacement that is capable of producing 113Nm torque. The automatic transmission allows for a smooth ride in the inner city. It also comes fitted with high safety features.

Car name

Tata Tiago

Price

4.85 - 6.84 Lakhs (Delhi)

Mileage

23.8 kmpl

Engine displacement

1199cc

Fuel type

Petrol

Transmission

Automatic

Best feature

Powerful engine, build quality

In a Nutshell

With so many options available, even a common man can easily own a car. However, owning a car comes with a responsibility. Driving is fraught with unknown risks to the driver, passengers, third parties, and your precious car. To protect yourself against unforeseeable losses, you should get insurance. While the law mandates only third-party insurance, it is always wise to seek additional coverage that protects your car, yourself, and your loved ones against accidents. You can always approach your insurance company and seek a policy that suits your needs. If you are tech-savvy, you can always opt for getting a policy online. Finserv MARKETS is a one-stop shop for your car insurance needs, with plans that offer extensive coverage, cashless claims, and more.

Check Out Car Insurance Plans Available at Finserv MARKETS

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