• Car Prices in India

    Car prices in India range between Rs.2,99,800 (Maruti Suzuki Alto) and Rs.2,46,00,000 (BMW M760Li xDrive). There are around 16 car manufacturers in India who manufacture cars of different models, with different prices.

    Car Prices in India based on Brand

    Banks and Non-Banking Financial Companies (NBFCs) have various options in case you wish to buy a car on loan. Lenders offer car loans with attractive interest rates and a repayment tenure ranging between 12 months and 84 months.

    Given below are the ex-showroom prices of various cars based on the manufacturer:

    Maruti Suzuki

    Car Model Ex-Showroom Price (Delhi)
    Alto Rs.3,15,000 to Rs.4,82,500
    Celerio Rs.4,65,700 to Rs.6,50,000
    Celerio X Rs.5,11,500 to Rs.5,91,800
    DZire Rs.5,99,000 to Rs.9,08,000
    Eeco Rs.4,30,000 to Rs.6,38,000
    Ertiga Rs.7,96,500 to Rs.10,69,500
    S-Presso Rs.3,78,000 to Rs.5,43,500
    Swift Rs.5,85,000 to Rs.8,53,000
    Vitara Brezza Rs.7,61,500 to Rs.11,10,500
    Wagon R Rs.4,93,000 to Rs.6,45,500
    Ignis Rs.5,10,000 to Rs.7,47,000
    XL6 Rs.9,98,000 to Rs.11,86,000
    Ciaz Rs.8,72,000 to Rs.11,71,000
    Baleno Rs.5,99,000 to Rs.9,45,000
    S-Cross Rs.8,59,000 to Rs.12,56,000

    Hyundai:

    Car Model Ex-Showroom Price (Delhi)
    Santro Rs.4,76,490 to Rs.6,44,690
    Grand i10 NIOS Rs.5,28,990 to Rs.8,50,050
    Kona Electric Rs.23,79,000 to Rs.23,97,800
    Aura Rs.5,99,900 to Rs.9,36,300
    Elantra Rs.17,86,100 to Rs.21,13,100
    Venue Rs.6,99,200 to Rs.11,85,600
    New Creta Rs.10,16,000 to Rs.17,87,000
    Tucson Rs.22,69,100 to Rs.27,47,100
    i20 Rs.6,91,200 to Rs.11,40,200
    Verna Rs.9,28,600 to Rs.15,32,500
    Xcent Prime Rs.6,40,840 to Rs.7,29,302
    i20 N Line Rs.9,84,100 to Rs.11,90,500
    Alcazar Rs.22,69,100 to Rs.27,47,100

    Mahindra

    Car Model Ex-Showroom Price (Delhi)
    XUV300 Rs.7.96 lakh to Rs.13.33 lakh (ex-showroom Pune)
    XUV500 Rs.14.16 lakh to Rs.19.99 lakh (ex-showroom Pune)
    Scorpio Rs.12.26 lakh to Rs.16.87 lakh (ex-showroom Pune)
    Alturas G4 Rs.28.77 lakh to Rs.31.77 lakh (ex-showroom Pune)
    Bolero Rs.8.42 lakh to Rs.9.41 lakh (ex-showroom Pune)
    KUV100 NXT Rs.6.04 lakh to Rs.7.48 lakh (ex-showroom Pune)
    Thar Rs.12.79 lakh to Rs.15.09 lakh (ex-showroom Pune)
    Marazzo Rs.12.30 lakh to 14.43 lakh (ex-showroom Pune)
    XUV700 Starts from Rs.11.99 lakh (ex-showroom Pune)
    Bolero Neo Rs.8.48 lakh to Rs.10.00 lakh (ex-showroom Pune)

    Tata

    Car Model Ex-Showroom Price (Delhi)
    Tiago Rs.4,99,900 to Rs.7,09,400
    Altroz Rs.5,84,900 to Rs.9,59,400
    Tigor Rs.5,64,900 to Rs.7,81,900
    Harrier Rs.14,39,900 to Rs.21,09,400
    Nexon Rs.7,28,900 to Rs.13,23,900
    Safari Rs.14,99,400 to Rs.22,01,900

    Toyota

    Car Model Ex-Showroom Price (Delhi)
    Glanza Rs.7,34,100 to Rs.9,30,000
    Innova Crysta Rs.16,41,000 to Rs.24,99,000
    Fortuner Rs.30,34,000 to Rs.37,79,000
    Fortuner Legender Rs.38,30,000
    Camry Hybrid Rs.40,59,000
    Vellfire Rs.89,90,000
    Urban Cruiser Rs.8,62,500 to Rs.11,40,500

    Renault

    Car Model Ex-Showroom Price (Delhi)
    Duster Rs.9,86,050 to Rs.14,25,050
    Kwid Rs.4,06,500 to Rs.5,51,500
    Triber Rs.5,50,000 to Rs.7,95,200
    Kiger Rs.5,64,030 to Rs.10,09,030

    Honda

    Car Model Ex-Showroom Price (Delhi)
    Amaze Rs.6,32,000 to Rs.11,15,000
    City – 5th Generation Rs.11,16,206 to Rs.15,11,206
    City – 4th Generation Rs.9,29,900 to Rs.9,99,900
    WR-V Rs.8,76,008 to Rs.11,79,659
    Jazz Rs.7,65,106 to Rs.9,89,106

    Ford

    Car Model Ex-Showroom Price (Delhi)
    Figo Rs.7,75,000 onwards
    Aspire Rs.7,28,000 onwards
    Freestyle Rs.7,28,000 onwards
    EcoSport Rs.8,19,000 onwards
    Endeavour Rs.33,81,600 onwards

    Kia

    Car Model Ex-Showroom Price (Delhi)
    Seltos Rs.9.95 lakh to Rs.16.75 lakh
    Carnival Rs.24,95,000 to Rs.33,99,000
    Sonet Rs.6,89,000 to Rs.12,29,000
    X Line Rs.17,79,000

    Volkswagen

    Car Model Ex-Showroom Price (Delhi)
    Polo Rs.6,27,000 onwards
    The Tiguan AllSpace Rs.34.20 lakh onwards
    T-Roc Rs.21.35 lakh onwards
    Vento Rs.9,99,900 onwards

    BMW

    Car Model Ex-Showroom Price (Delhi)
    BMW 2 Series Gran Coupe Rs.38,90,000 onwards
    The BMW 3 Series Rs.44,90,000 to Rs.50,50,000
    The BMW 3 Series Gran Limousine Rs.52,50,000 to Rs.53,90,000
    The BMW 5 Series Rs.62,90,000 to Rs.72,80,000
    The BMW 6 Series Gran Turismo Rs.67,90,000 to Rs.77,90,000
    The BMW 7 Series Rs.1,37,90,000 to Rs.1,69,30,000
    BMW 8 Series Gran Coupe Rs.1,32,50,000 to Rs.1,58,00,000
    BMW X1 Rs.38,90,000 to Rs.43,00,000
    BMW X3 Rs.57,50,000 to Rs.63,70,000
    BMW X4 Rs.66,50,000 to Rs.69,90,000
    BMW X5 Rs.77,90,000 to Rs.88,00,000
    BMW X6 Rs.96,90,000 onwards
    BMW X7 Rs.1,12,50,000 to Rs. 1,13,50,000
    BMW Z4 Roadster Rs. 67,00,000
    BMW M Rs.62,90,000 to Rs. 2,46,00,000

    Audi:

    Car Model Ex-Showroom Price (Delhi)
    A4 Rs.43,19,000 onwards
    S5 Rs.80,49,000 onwards
    A6 Rs.57,08,000 onwards
    RS 7 Sportback Rs.1,94,38,000 onwards
    A8L Rs.1,57,82,000 onwards
    Audi Q8 Rs.98,98,000 onwards
    RS Q8 Rs.2,07,05,000
    Audi Q2 Rs.34,99,000 onwards
    Audi e-tron Rs.99,99,000 onwards
    RS 5 Sportback Rs.1,04,00,000 onwarss

    Datsun

    Car Model Ex-Showroom Price (Delhi)
    Datsun Go Rs.4,02,778 onwards
    Datsun Go+ Rs.4,25,926 onwards
    Redi-Go Rs.3,97,800 onwards

    Nissan

    Car Model Ex-Showroom Price (Delhi)
    Kicks Rs.9,49,990 onwards
    Magnite Rs.5,59,000 onwards

    Different Types of Cars Available in India

    The various types of cars that are available in India are mentioned below:

    • Hatchback: Hatchbacks are often four-door cars that have a rear door that opens upwards for luggage storage. Hatchbacks are small cars that usually come with a front-wheel drive. Examples of hatchbacks are Renault Kwid, Maruti Suzuki Wagon R, Volkswagen Polo, etc.
    • Sedan: Sedans are slightly bigger and offer more luggage space when compared to a hatchback. Examples of sedans are Maruti Suzuki Ciaz, Honda City, Toyota Corolla, etc.
    • Compact Sedan: The compact sedan segment was launched in India due to the tax benefits that are provided for cars that are less than 4-meters long. Compact sedans are usually based on hatchbacks but come with bigger luggage space. Examples of compact sedans are Maruti Suzuki Dzire, Honda Amaze, Hyundai Xcent, etc.
    • Crossover Hatchback: Crossover Hatchbacks look similar to off-road SUVs but are not built on body-on-frame chassis. Crossover Hatchbacks come with a monocoque structure. Compared to a regular hatchback, better ground clearance is provided by crossover hatchbacks. Examples of crossover hatchbacks are Ford Freestyle, Tata Tiago, Volvo V40 Cross Country, etc.
    • Sports Utility Vehicles (SUVs): Usually, SUVs are big cars that come with a body-on-frame design that offers off-roading capabilities. However, SUVs that are launched today offer both off-roading as well as soft-roading experience. Examples of SUVs are Jeep Wrangler, Mahindra Thar, Land Rover Discovery, etc.
    • Compact SUVs: Compact SUVs are smaller versions of regular SUVs that come with the same aggressive looks. Most Compact SUVs are less than 4-meters long and come with a front-wheel drive. Examples of Compact SUVs are Tata Nexon, Maruti Suzuki Vitara Brezza, Ford EcoSport, etc.
    • Crossover SUV: Crossover SUVs have the looks of a regular SUV but are usually based on hatchbacks. Crossover SUVs are very popular in India as they look like SUVs but come driving and maintenance costs of sedans. Examples of Crossover SUVs are Hyundai Creta, Renault Captur, Nissan Kicks, etc.
    • Multi-Purpose Vehicles (MPVs): MVPs are huge vehicles that can be used for various applications. MPVs come with various practical features and offer huge space. MPVs may be used for camping, ferrying goods, ferrying people, etc. Examples of MPVs are Toyota Innova Crysta, Honda BR-V, Maruti Suzuki Ertiga, etc.
    • Coupe: Coupes are two-door cars that come with a sloping roofline. Most coupes are sporty to drive as they come with a powerful engine. Examples of coupes are Audi TT, BMW M2, Mercedes Benz AMG GT, etc.
    • Coupe SUVs: Coupe SUVs offer a better driving experience on normal roads rather than off-roading. A race-track mode is provided by most Coupe SUVs. Examples of Coupe SUVs are BMW X4, Audi Q8, Mercedes Benz GLE Coupe, etc.
    • Pick-Up Trucks: Mostly used for commercial purposes, pick-up trucks are durable and versatile. Individuals who are seeking an adventure also use pick-up trucks. Examples of pick-up trucks are Tata Xenon, Ford Raptor, Isuzu D-Max, etc.
    • 4-Door Coupe: These cars are distinctive as they come with a sloping roofline that provides it a sporty look. Examples of 4-door coupes are Audi A7, Mercedes Benz CLS, BMW 6-Series GranCoupe, etc.

    FAQs

    1. Is there a minimum amount of car loan that I can avail?
    2. Depending on the bank, the minimum amount of loan that can be availed will vary. For example, the minimum amount that can be availed from Axis Bank and Kotak Mahindra Bank are Rs.1 lakh and Rs.75,000, respectively.

    3. What is the repayment tenure of the car loan?
    4. Depending on the lender, the repayment tenure of the car loan will vary. Most lenders offer a repayment tenure ranging between 12 months and 84 months. However, certain lenders offer a repayment tenure of up to 96 months.

    5. What types of vehicles can I avail a car loan for?
    6. The different types of vehicles that you avail a car loan for are mentioned below:

      • Passenger cars
      • Multi-Utility Vehicles (MUVs)
      • Sports-Utility Vehicles (SUVs)
    7. What are the different ways by which I can repay the loan?
    8. The different ways by which you can repay the loan are mentioned below:

      • Post-dated cheques
      • Direct debit mandate
      • ECS
    9. In case of a pre-approved car loan offer, what are documents that must be submitted?
    10. The different documents that must be submitted in case of a pre-approved car loan offer are mentioned below:

      • Application form
      • Coloured photograph
      • Disbursement kit
      • The vehicle’s Performa Invoice
      • KYC documents

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