The car market is flooded with new and brilliant launches every year. The car makers have joined the competition to unveil new vehicles to lure the buyers. While some companies are focussing on the premium buyers, others are coming up with cars suiting the budget of the middle-class Indians. In a quest to achieve greater sales they are introducing some really great car models in an affordable price range. While some of them are from the budding manufacturers, others are already enjoying the tag of the best-sellers in the budget-car market.
The best thing about these cars are, though they are offered at a competitive price, they are no less than their high-priced counterparts when it comes to manufacturing, design, style, and performance. If you want a budget-friendly car that will be sturdy and reliable in all aspects, then you are in the right place. Here is a list of cars available under Rs.4 lakh in the Indian car market in 2018.
Most Popular Cars Under Rs.4 Lakh in 2018
During mid of April 2016, Tata Motors introduced Tata Tiago, the perfect competitor of the market leading 4-wheelers like Maruti Suzuki Celerio, Honda Brio, Hyundai Grand i10, Chevrolet Beat. A hatchback in style and design, the classy Tiago features a luxurious yet sturdy look as expected by the Indian buyers. Interestingly, this spacious car had grabbed the tag of being the top-selling low-budget car in 2017.
As previously mentioned, Tata Tiago is a first-of-its-kind budget car from Tata Motors. It offers a smooth driving experience and good fuel economy. Drivers can switch between the multi-drive modes - City and Eco. The electric power steering makes it easier to maneuver the car on Indian roads. What's more, Tiago comes with ConnectNext Infotainment system, 8 speakers, and a turn-by-turn navigation app to enhance your driving experience. The safety features of this car include dual front airbags, ABS with EBD, and rear parking sensors with display.
Price: The starting price of the petrol variant is Rs.3,35,305 and diesel variant is Rs.4,16,023 (ex-showroom price New Delhi).
| Tata Tiago Technical Specifications | ||
|---|---|---|
| Engine | Revotron 1.2-litre 3-cylinder petrol engine | Revotorq 1.05-litre 3-cylinder diesel engine |
| Fuel tank capacity | 35 litres | |
| Mileage | 23.84 km/l | 27.28 km/l |
| Displacement | 1,199 cc | 1,047 cc |
| Transmission | Manual, 5-speed/AMT | Manual, 5-speed |
| Maximum power | 85 PS @ 6,000 rpm | 70 PS @ 4,000 rpm |
| Peak torque | 114 Nm @ 3,500 rpm | 140 Nm @ 1,800-3,000 rpm |
| Seating capacity | 5 | |
Renault KWID is another very high-utility budget car that should be included in this list. Being powered by a 0.8 litre Smart Control Efficiency Engine (SCe) with 3 NR cylinders, the basic KWID STD 0.8 model offers high fuel-efficiency. The interior of this SUV-inspired car is quite spacious and it offers a comfortable ride to the passengers. When it comes to cheap yet fashionable cars, this is the one you should go for.
Price: This car model is available at a starting price of Rs.2,66,700 (ex-showroom price New Delhi).
| Renault KWID Technical Specifications | ||
|---|---|---|
| Engine | 0.8-litre SCe | 1.0-litre SCe |
| Fuel tank capacity | 28 litres | |
| Mileage | 23-25.2 km/l | |
| Displacement | 799 cc | 999 cc |
| Transmission | 5-speed manual synchromesh | |
| Maximum power | 54 PS @ 5,678 rpm | 68 PS @ 5,500 rpm |
| Peak torque | 72 Nm @ 4,386 rpm | 91 Nm @ 4,250 rpm |
| Seating capacity | 5 | |
Apply For Instant Car Loans
Datsun redi-GO 0.8L is available in 5 brilliant colors - ruby, silver, lime, grey, and white. The car has spacious interiors, a bluetooth audio system, and 3D-shaped headlamps. This car model offers the best in comfort, style, and performance. It has a high ground clearance. The remote key and central locking system features are convenient for the users.
Price: The price of Datsun redi-Go starts from Rs.2,49,999 (ex-showroom price Delhi).
| Datsun redi-Go Technical Specifications | ||
|---|---|---|
| Engine | 0.8-litre | 1.0-litre |
| Fuel tank capacity | 28 litres | |
| Mileage | 22.7 km/l | 22.5 km/l |
| Displacement | 0.799 l | 0.999 l |
| Transmission | 5-speed manual | |
| Maximum power | 54 PS @ 5,678 rpm | 68 PS @ 5,500 rpm |
| Peak torque | 72 Nm @ 4,386 rpm | 91 Nm @ 4,250 rpm |
| Seating capacity | 5 | |
Check Easy To Use Free Car Loan EMI Calculator Tool
The South Korean manufacturer, Hyundai, is known for manufacturing fashionable yet less expensive cars. This particular model which was ideally made to offer an extra value to the users was launched in October 2011. The best-in-class features, high style quotient, and spacious and attractive interiors are the factors that made it receive high admiration in the budget-car segment in the country. This serves as an ideal pick for people who are wishing to get an ideal blend of performance, style, and economy while buying a car.
If you are a first-time buyer, the Hyundai EON can serve as your ideal first car. This car model features a 15.75 cm touchscreen AV system, comfortable seats, a spacious boot, and wraparound headlamps.
Price: The price of Hyundai EON starts from Rs.3,32,900 (ex-showroom price Delhi).
| Hyundai EON Technical Specifications | ||
|---|---|---|
| Engine | 0.8-litre MPi | 1.0-litre kappa |
| Fuel tank capacity | 32 litres | |
| Mileage | 21.1 km/l | 20.3 km/l |
| Displacement | 814 cc | 998 cc |
| Transmission | 5-speed manual | |
| Maximum power | 56 PS @ 5,500 rpm | 69 PS @ 6,200 rpm |
| Peak torque | 7.6 kg.m @ 4,000 rpm | 9.6 kg.m @ 3,500 rpm |
| Seating capacity | 5 | |
Check out the leading car insurance in India. Tap to know more.
The Alto K10 has dual-tone interiors, fog lamps, keyless entry, and power windows. This car model is available in 5 colours - tango orange, fire brick red, superior white, silky silver, and granite grey. Safety features of this car include driver side airbag, front disc brake, childproof rear door locks, seatbelts, and front fog lamps. Alto K10 offers fuel economy in heavy urban traffic. The i-GPI CNG technology in K10 makes the car eco-friendly.
Price: The Alto K10 is available at approximately Rs.3.30 lakh onwards (ex-showroom price Delhi).
| Maruti Suzuki Alto K10 Technical Specifications | ||
|---|---|---|
| Engine | 1-litre K-Next | |
| Fuel type | Gasoline | CNG |
| Fuel tank capacity | 35 litres | 60 litres |
| Mileage | 24.07 km/l | 32.26 km/l |
| Displacement | K10B (998cc) | |
| Transmission | 5AMT | |
| Maximum power | 68 PS @ 6,000 rpm | 59 PS @ 6,000 rpm |
| Peak torque | 90 Nm @ 3,500 rpm | 78 Nm @ 3,500 rpm |
| Seating capacity | 5 | |
When it comes to cars which cost under Rs.4 lakh, these are the most popular ones which have become common choices among the low income groups and students. However, the number of low budget cars are gradually increasing and the above list is not an exhaustive one. Whether it is cars or car loans, take the time to do some research and find the one that best suits your driving needs and auto financing needs.
GST of 18% is applicable on all banking products and services from the 1st of July, 2017.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar’s partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.
