Top 10 Lowest Priced Cars In India 2024: Price, Fuel Type, Mileage

by SMCIB on Friday, 05 April 2024

 | Last Updated on Tuesday, 22 October 2024

Top 10 Lowest Priced Cars In India 2024: Price, Fuel Type, Mileage

Let's talk about a quintessential part of modern life: vehicle ownership. While bikes have their own set of practicality and economic advantages, for couples and families, the choice is undeniably a car. Why, you ask? Imagine the convenience, comfort, and safety encapsulated within those four wheels.

Indeed, the prospect of car ownership may seem daunting due to its perceived expense. However, there are many economical options! Within the Indian automobile market lie noteworthy options that offer remarkable value without compromising quality. Also, for people considering buying a car should definitely look into buying car insurance. In this article we look to talk about the cheapest cars in India – for those mindful of their budget. Let’s jump right in and look at a list of the lowest-priced cars in India.

Sr. No

Model

Fuel Type

Starting Ex-Showroom Price

1

Maruti Alto 800

Petrol/CNG

Rs 3.54 lakh

2

Maruti Alto K10

Petrol/CNG

Rs 3.99 lakh

3

Maruti S-Presso

Petrol/CNG

Rs 4.26 lakh

4

Renault Kwid

Petrol

Rs 4.69 lakh

5

Maruti Celerio

Petrol/CNG

Rs 5.37 lakh

6

Maruti WagonR

Petrol/CNG

Rs 5.54 lakh

7

Tata Tiago

Petrol/CNG

Rs 5.60 lakh

8

Hyundai Grand i10 Nios

Petrol/CNG

Rs 5.84 lakh

9

Maruti Suzuki Ignis

Petrol

Rs 5.84 lakh

10

Tata Punch

Petrol/CNG

Rs 5.99 lakh

Now that we have a brief snapshot of affordable cars, let’s look at each one in detail.

 

Maruti Alto 800

Source : cardekho.com

 

The Maruti Alto 800 stands tall as an ideal choice for those seeking a reliable and straightforward city commuter. This hatchback not only holds the title of being the most affordable car in the country but also boasts an impressive track record as one of India’s best-selling vehicles.

Potential buyers of the Maruti Alto 800 can choose between two engine options - the 0.8L F8D Petrol and the 0.8L F8D Bi-Fuel CNG. The petrol variant packs a punch with 47.3 bhp of power and 69 Nm of torque, while the CNG version offers 40 bhp of power and 60 Nm of peak torque. Both engine options come paired with a reliable 5-speed manual gearbox. Additionally, the Alto 800 is celebrated for its exceptional fuel efficiency.

Here are the key specifications -

  • Engine: 0.8L F8D Petrol, 0.8L F8D Bi-Fuel CNG
  • Maximum Power: 47.3 bhp (Petrol), 40 bhp (CNG)
  • Peak Torque: 69 Nm (Petrol), 60 Nm (CNG)
  • Transmission: 5-Speed MT
  • Mileage: 22.05 km/l (Petrol), 31.59 km/kg (CNG)
  • Fuel Tank: 35L (Petrol), 60L (CNG)

Moreover, the Maruti Alto 800 comes loaded with convenient features including -

  • Keyless Entry
  • Front Power Windows
  • Seat Belt Reminders
  • Dual Front Airbags
  • SmartPlay Touchscreen Infotainment System

With its winning combination of affordability, performance, and fuel efficiency, the Maruti Alto 800 is a top contender for hassle-free city commuting.

Maruti Alto K10

Source : cardekho.com

The Maruti Alto K10 stands out as one of the most economical cars in India, combining affordability with impressive performance. This sleek hatchback not only offers great value for money but also promises an enjoyable driving experience. Equipped with a 1.0L K-Series Petrol engine, the Alto K10 delivers a robust 67 bhp of power and 90 Nm of torque, distinguishing itself in terms of performance within its segment.

Here are the key specifications -

  • Engine: 1.0-litre K10C Petrol, 1.0-litre Bi-Fuel CNG
  • Maximum Power: 66 bhp (Petrol), 55 bhp (CNG)
  • Peak Torque: 89 Nm (Petrol), 82.1 Nm (CNG)
  • Transmission: 5-Speed MT, 5-Speed AMT
  • Mileage: 24.39 km/l (Petrol MT), 24.90 km/l (Petrol AMT), 33.85 km/kg (CNG)
  • Fuel Tank: 27L (Petrol), 55L (CNG)

The Alto K10 is not only efficient but also packed with convenient features, including -

  • Suzuki SmartPlay Infotainment System
  • Power Windows
  • Central Locking
  • Dual Front Airbags
  • Seat Belt Pre-tensioners

With its blend of performance, efficiency, and features, this car is a practical choice for budget-conscious buyers seeking a reliable and enjoyable driving experience.

Maruti S-Presso

Source : cardekho.com

The Maruti S-Presso blends the appeal of a compact car with the practicality of an SUV, offering affordable mobility without compromising on style and convenience. Powered by a robust 1.0L K10B Petrol engine, it delivers 67 bhp of power and 90 Nm of torque, ensuring a spirited performance for urban commuting and weekend getaways alike.

Here are the key specifications -

  • Engine: 1.0L K-Series Petrol, 1.0L Bi-Fuel CNG
  • Maximum Power: 65 bhp (Petrol), 55 bhp (CNG)
  • Peak Torque: 89 Nm (Petrol), 82.1 Nm (CNG)
  • Transmission: 5-Speed MT, 5-Speed AMT
  • Mileage: 24.76 km/l (Petrol MT), 25.30 km/l (Petrol AMT), 32.73 km/kg (CNG)
  • Fuel Tank: 27L (Petrol), 55L (CNG)

The S-Presso offers a user-friendly driving experience with its manual and automatic gearbox options. Its sturdy engine ensures zippy and engaging performance, ideal for navigating city streets and enjoying leisurely drives.

Key features of the S-Presso include -

  • SmartPlay Infotainment System
  • Power windows
  • Central locking
  • 12V Socket
  • Suzuki Connect

With its blend of performance, efficiency, and features, the Maruti S-Presso is a practical choice for those seeking something stylish.

 

Renault Kwid

Source : cardekho.com

The Renault Kwid offers value, innovation, and style without compromising on features. Powered by a potent 1.0-litre SCe Petrol engine, it delivers an impressive 67 bhp of power and 91 Nm of torque, ensuring an exhilarating driving experience. The Kwid caters to various driving preferences with the convenience of both a 5-speed manual and automatic gearbox.

Here are the key specifications -

  • Engine: 1.0L SCe Petrol Engine
  • Maximum Power: 67 bhp
  • Peak Torque: 91 Nm
  • Transmission: 5-Speed MT, 5-Speed AMT
  • Mileage: 21.70 km/l (MT), 22 km/l (AMT)
  • Fuel Tank: 28L

The Kwid's SUV-inspired styling exudes a sense of adventure while remaining compact enough for agile city driving. Its distinctive front grille, sleek headlamps, and bold wheel arches contribute to its solid road presence. Additionally, its growing popularity in the Indian market adds to its impressive resale value, making it a smart financial choice for prospective buyers.

Key features of the Renault Kwid include -

  • Remote Locking
  • Tyre Pressure Monitoring System
  • 20.32 cm mediaNAV Infotainment System with Android Auto & Apple CarPlay
  • Digital Instrument Console
  • Dual Front Airbags

With its blend of performance, style, features, and resale value, the Renault Kwid offers a compelling choice for buyers seeking an affordable yet feature-rich vehicle.

 

Maruti Celerio

Source : cardekho.com

The Maruti Celerio sets a new standard for budget-friendly hatchbacks with its updated platform, powerful engine options, refreshed exterior aesthetics, and practical cabin loaded with cutting-edge features and equipment.

Here are the key specifications -

  • Engine: 1.0L K-Series Petrol, 1.0L Bi-Fuel CNG
  • Maximum Power: 65 bhp (1.0L Petrol), 55 bhp (CNG)
  • Peak Torque: 89 Nm (1.0L Petrol), 82.1 Nm (CNG)
  • Transmission: 5-Speed MT, 5-Speed AMT
  • Mileage: 26.68 km/l (1.0L Petrol MT), 26 km/l (1.0L Petrol AMT), 34.05 km/kg (CNG)
  • Fuel Tank: 37L (Petrol), 55L (CNG)

Key features of Maruti Celerio include -

  • Push-Button Start
  • Idle Start-Stop
  • 17.78cm SmartPlay Studio with Phone Navigation
  • 60:40 Split Rear Seat
  • Day/Night Mirror

The Celerio's bold styling, enhanced exterior color choices, and improved build quality make it an appealing choice in its segment. It offers features like push-button start and keyless entry for added convenience, while idle start-stop technology enhances efficiency. Moreover, its exceptional performance and class-leading fuel economy set it apart from its competitors. With its practical features and efficient engine options, the Maruti Celerio is a compelling option for budget-conscious buyers seeking a reliable and feature-rich hatchback.

 

Maruti WagonR

Source : carwale.com

The Maruti WagonR is renowned for its practicality and dependability as a family hatchback in India, thanks to its distinctive tall design and spacious interior.

Here are its key specifications -

  • Engine: 1.0L K-Series Petrol, 1.2L K-Series Petrol, 1.0L Bi-Fuel CNG
  • Maximum Power: 65 bhp (1.0L Petrol), 88.5 bhp (1.2L Petrol), 55 bhp (CNG)
  • Peak Torque: 89 Nm (1.0L Petrol), 113 Nm (1.2L Petrol), 82.1 Nm (CNG)
  • Transmission: 5-Speed MT, 5-Speed AMT
  • Mileage: Petrol: 24.35 km/l (1.0L MT), 25.19 km/l (1.0L AMT), 23.56 km/l (1.2L MT), 24.43 km/l (1.2L AMT), 34.05 km/kg (CNG)
  • Fuel Tank: 37L (Petrol), 55L (CNG)

Key features are as follows -

  • Remote Locking
  • SmartPlay Infotainment System
  • Power Windows
  • Seat Belt Reminders
  • Dual Front Airbags

The WagonR offers versatility in engine options, catering to various driving preferences. Whether it's the 1.0L K-Series Petrol, 1.2L K-Series Petrol, or the 1.0L Bi-Fuel CNG engine, all variants deliver solid performance. The 1.2L K-Series Petrol engine stands out for its impressive acceleration and refinement, appealing to those who prioritize power and smooth driving. Additionally, the WagonR comes equipped with features like remote locking, a SmartPlay Infotainment System, and dual front airbags, enhancing comfort, convenience, and safety for both drivers and passengers.

 

Tata Tiago

Source : carwale.com

The Tata Tiago is known for its robust construction, practical interiors, and an impressive array of features.

Here are its key specifications -

  • Engine: 1.2L Revotron Petrol Engine, 1.2L Revotron CNG Engine
  • Maximum Power: 86.5 bhp (Petrol), 72.4 bhp (CNG)
  • Peak Torque: 115 Nm (Petrol), 103 Nm (CNG)
  • Transmission: 5-Speed Manual (Petrol and CNG), 5-Speed AMT (Petrol)
  • Mileage: Petrol: 20.01 km/l (MT), 19.43 km/l (AMT) CNG: 26.49 km/kg
  • Fuel Tank: 37L (Petrol), 60L (CNG)

Key features include -

  • Projector Headlamps
  • DIS Display 6.35 cm with digital clock, gear shift display, trip meter, and tachometer
  • 17.78cm Harman Infotainment System with 8-speaker audio system
  • Apple CarPlay, Android Auto
  • Cooled Glove Box

The Tata Tiago offers a stylish design with recent facelifts enhancing its visual appeal. It comes with a standard 1.2L Revotron petrol engine, while an optional 1.2L Revotron CNG engine is available for those seeking an eco-friendly alternative. Both engine options are paired with a reliable 5-speed manual gearbox, with the petrol version also offering a 5-speed AMT transmission option for effortless city commutes. Additionally, the Tiago boasts advanced features like projector headlamps, a Harman infotainment system with Apple CarPlay and Android Auto support, and a cooled glove box, enhancing comfort and convenience for drivers and passengers.

 

Hyundai Grand i10 Nios

Source : hyundai.com

The Hyundai Grand i10 Nios offers a blend of smart styling, practical interiors, and feature-rich design.

Here are its key specifications -

  • Engine: 1.2L Kappa Petrol, 1.2L Bi-Fuel CNG
  • Maximum Power: 82 bhp (Petrol), 68 bhp (CNG)
  • Peak Torque: 113.8 Nm (Petrol), 95.2 Nm (CNG)
  • Transmission: 5-Speed Manual Transmission (MT), 5-Speed Automated Manual Transmission (AMT)
  • Mileage: 16-18 km/l
  • Fuel Tank Capacity: 37 liters (Petrol), 60 liters (CNG)

Key features are as follows -

  • Projector Headlamps
  • Push-Button Start
  • Wireless Charging
  • Automatic Climate Control
  • Cooled Glove Box

The Hyundai Grand i10 Nios is available with two engine options: the 1.2L Kappa petrol engine and the 1.2L Bi-Fuel CNG engine. The petrol variant delivers 82 bhp of power and 113.8 Nm of torque, while the CNG variant produces 68 bhp of power and 95.2 Nm of torque. Both variants come with a choice of a 5-speed manual transmission or a 5-speed automated manual transmission (AMT), offering convenience and ease of driving. Additionally, the Grand i10 Nios features premium amenities such as projector headlamps, push-button start, wireless charging, automatic climate control, and a cooled glove box, enhancing comfort and convenience for passengers.

 

Maruti Ignis

Source : carwale.com

The Maruti Ignis is a unique and compact car that stands out with its distinctive design, performance, and features.

Here are its key specifications -

  • Engine: 1.2L K12C Petrol Engine
  • Maximum Power: 81.8 bhp
  • Peak Torque: 113 Nm
  • Transmission: 5-Speed Manual Transmission (MT), 5-Speed Automated Manual Transmission (AMT)
  • Mileage: 20.89 km/l
  • Fuel Tank Capacity: 32 liters

Key features include -

  • LED Projector Headlights
  • 17.78 cm SmartPlay Studio Infotainment System
  • Navigation System with Live Traffic Update
  • Automatic Climate Control
  • Remote Keyless Entry And Push Button Start/Stop

Additionally, the Maruti Ignis offers a combination of compact dimensions, ground clearance, and agile handling, making it suitable for navigating various terrains with ease. Despite its compact size, the Ignis efficiently accommodates four adults, ensuring practicality without compromising on comfort.

 

Tata Punch

Source : carwale.com

The Tata Punch is a compact and robust vehicle that competes with established rivals in the market.

Here are its key specifications -

  • Engine: 1.2L Revotron Petrol Engine, 1.2L Revotron CNG Engine
  • Maximum Power: 86.5 bhp (Petrol), 72.4 bhp (CNG)
  • Peak Torque: 115 Nm (Petrol), 103 Nm (CNG)
  • Transmission: 5-Speed Manual (Petrol and CNG), 5-Speed Automated Manual Transmission (AMT) for Petrol
  • Mileage: Petrol MT: 20.09 km/l, Petrol AMT: 18.8 km/l, CNG: 26.99 km/kg
  • Fuel Tank Capacity: 37 liters (Petrol), 60 liters (CNG)

Key features include -

  • Projector Headlamps
  • Push-Button Start
  • 17.78 cm Harman Infotainment System
  • Sunroof
  • Dual-Tone Machine-Cut Alloy Wheels

Additionally, the Tata Punch offers a standout suspension setup, contributing to exceptional ride quality, and promises comfort and confidence whether used for city commutes or highway drives.

Key Factors To Consider When Buying A Budget Car

When buying a budget car, several key factors need consideration to ensure you make the right choice -

1️⃣Is a Brand-New Purchase Necessary? (Or Should You Explore Leasing?)

This question should be your initial inquiry before succumbing to the persuasions of a sales representative. It's worth contemplating whether you prefer acquiring a lower-tier new model or a higher-tier used one for a reduced price. While opting for a nearly-new vehicle might seem like an obvious choice given the substantial cost savings available nowadays, the decision isn't always straightforward. For instance, new cars often come with extended warranties, providing added peace of mind. Additionally, leasing presents itself as an alternative option. The debate between used versus leased vehicles has persisted since cars became widely available, and for valid reasons. Leasing often presents enticing deals on brand-new vehicles compared to outright purchases. One drawback, however, is that ownership isn't transferred to you, albeit significantly cutting down costs.

2️⃣Consider Your Vehicle Usage

This represents a pivotal stage in determining your vehicle selection. It's imperative to acknowledge that opting for a compact used car might not be financially prudent if you frequently transport a large family. Conversely, selecting a fuel-inefficient large car could lead to ongoing financial drain. Ponder this aspect carefully to make an informed decision.

3️⃣Conduct Thorough Research

Distinguishable from understanding your needs, the research conducted here revolves around scouting for the best deals. Besides potentially finding the ideal car at a lower price, thorough research provides you with bargaining power when negotiating with dealerships. For instance, you may prefer purchasing from a dealership due to their supplementary services, yet remain unaware of the vehicle's actual value. By conducting prior research, you position yourself favorably during negotiations, seamlessly segueing into the subsequent tip.

4️⃣Income versus Vehicle Cost

When devising an appropriate vehicle budget, your primary income source is paramount. Whether you're a salaried individual or a business proprietor, your vehicle budget should align with your earnings. As a general rule, it's prudent to cap your vehicle budget at no more than half of your annual income. Adhering to this practice ensures that you acquire a vehicle within your financial means without jeopardizing your financial stability.

5️⃣Value versus Opulence

Another consideration is whether you prioritize acquiring a value-driven vehicle or a luxury car boasting numerous features. For approximately 90% of first-time vehicle buyers, mid-level variants of most vehicles suffice. High-end variants often come equipped with features that aren't essential. Luxuries such as paddle-shifters, 360-degree cameras, sunroofs, and connected car technology cater to a niche audience.

Summing Up!

In conclusion, the decision to purchase a budget car requires careful consideration of various factors to ensure it aligns with your needs and financial situation. While the allure of vehicle ownership offers convenience, comfort, and safety, it's essential to weigh the options available in the market. From exploring the feasibility of leasing to understanding your vehicle usage patterns and conducting thorough research on available deals, each step contributes to making an informed decision. Moreover, balancing your income against the vehicle cost and prioritizing value over luxury can further streamline your selection process. Whether opting for a brand-new model or considering a used vehicle, it's crucial to strike a balance between affordability and functionality. Ultimately, by keeping these key factors in mind, you can navigate the car-buying process with confidence and make a choice that best suits your needs and preferences.

FAQs

Car loans are typically available for a wide range of vehicles, including sports-utility vehicles (SUVs), multi-utility vehicles (MUVs), and passenger cars offered in the Indian market. For used cars, banks usually extend loans for vehicles that are no older than 5 years.

The Maruti Alto 800 holds the title of being the most affordable car in India.

For beginners, some of the most budget-friendly options include the Maruti 800, Alto, and WagonR.

Yes, it's advisable to have savings even if you're financing a new car through a loan. Ideally, you should aim to contribute around 50% of the car's total cost as a down payment, with the remainder covered by a car loan.

The decision between buying new or used depends on your financial circumstances and specific needs. If you require a car but lack sufficient savings or funds, opting for a used vehicle can be a viable choice. However, if you're able to wait and save up, purchasing a brand-new car is an option. Additionally, for novice drivers who are still getting accustomed to driving, investing in a used car might be a prudent decision until they gain more experience and clarity on their driving habits.

 

Disclaimer: The information provided on this page is intended for informational and educational purposes only. It has been compiled from various secondary sources available on the internet and may be subject to change. Before making any decisions based on this information, it is recommended to consult with a qualified expert or professional in the relevant field.

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