Have you been dreaming of getting a car? Then here’s something that will meet your budget easily. Middle-class car buyers can find some of the best cars that have better mileage, engine capacity, torque, etc. In case, if you don’t have a lump sum amount, then you can first start saving funds via a SIP to buy your desired car. SIP is one of the best ways to invest in Mutual Funds and fulfil your Financial goals. The best part about SIP is, you can start Investing with just Rs. 500! Isn’t it great!
But, first, let’s check the best cars under Rs. 5 lakh.
Budget Friendly Cars below Rs. 5,00,000
1. Maruti Suzuki Alto-
Starts Rs. 3.25 Lakh
Maruti Suzuki Alto has a high demand in the Market because it is a perfect family car that comes right in your budget. The fuel Economy of the car is 31.49km per kg, it comes in two variants LXI and LXI S-CNG, which costs around Rs. 3.53 lakh to Rs. 4.33 lakh respectively.
The power of ALto is 796cc, 3-cylinder engine which makes 47PS/69Nm of torque.
- Reverse Parking Sensor
- Driver Airbag
- Speed Alert
Maruti Suzuki Alto Variants & Price
Alto 800 comes in 8 variants with 6 colour options. The price of Alto 800 Petrol models ranges between Rs. 3.25 Lakh to Rs. 4.95 Lakh.
|Alto 800 STD||Rs. 3.25 Lakh|
|Alto 800 STD Opt||Rs. 3.31 Lakh|
|Alto 800 LXI||Rs. 3.94 Lakh|
|Alto 800 LXI Opt||Rs. 4.00 Lakh|
|Alto 800 VXI||Rs. 4.20 Lakh|
|Alto 800 VXI Plus||Rs. 4.33 Lakh|
|Alto 800 LXI S-CNG||Rs. 4.89 Lakh|
|Alto 800 LXI Opt S-CNG||Rs. 4.95 Lakh|
Maruti Suzuki Alto Price in Major Cities
Check the ex-showroom price of Alto in the major cities of India:
|Noida||Rs. 3.25 Lakh|
|Ghaziabad||Rs. 3.25 Lakh|
|Gurgaon||Rs. 3.25 Lakh|
|Faridabad||Rs. 3.25 Lakh|
|Bahadurgarh||Rs. 3.24 Lakh|
|Kundli||Rs. 3.24 Lakh|
|Ballabhgarh||Rs. 3.25 Lakh|
|Greater Noida||Rs. 3.25 Lakh|
|Manesar||Rs. 3.25 Lakh|
|Sohna||Rs. 3.25 Lakh|
2. Renault Kwid -
Starts Rs. 4.24 Lakh
Renault Kwid is an SUV inspired styling, digital car which has an infotainment system. It is one of the best hatchback cars. Renault Kwid comes with two petrol engine options- the larger engine has AMT (Automatic Transmission System).
The Renault has a sporty, trendy look, which comes with a climber edition with bolder colours. The Kwid has good space with the 270-litre boot and 0.8-litre petrol offers average performance.
- ABSDriver Airbag
- Passenger Airbag
- Power windows
Variants of Renault Kwid
KWID comes in 11 variants with 7 colour options. KWID automatic models starts from Rs. 5.09 Lakh and comes in 3 variants to choose among.
Pricing of the car variant are as follow:
|Renault Kwid RXE||Rs. 4.24 Lakh|
|Renault Kwid RXL||Rs. 4.58 Lakh|
|Renault Kwid RXT||Rs. 4.88 Lakh|
|Renault Kwid 1.0 RXL||Rs. 4.69 Lakh|
|Renault Kwid 1.0 MT Opt||Rs. 5.30 Lakh|
|Renault Kwid 1.0 RXT AMT||Rs. 5.09 Lakh|
|Renault Kwid 1.0 RXT AMT Opt||Rs. 5.59 Lakh|
|Renault Kwid limber 1.0 AMT Opt||Rs. 5.70 Lakh|
Renault Kwid Prices in Major Cities
Renault Kwid is a good budget car that comes under Rs. 5 lakh.
Check the ex-showroom prices of other states in India:
|Sahibabad||Rs. 4.24 Lakh|
|Noida||Rs. 4.24 Lakh|
|Ghaziabad||Rs. 4.24 Lakh|
|Gurgaon||Rs. 4.24 Lakh|
|Faridabad||Rs. 4.24 Lakh|
|Sohna||Rs. 4.24 Lakh|
|Jhajjar||Rs. 4.24 Lakh|
|Hapur||Rs. 4.24 Lakh|
|Dharuhera||Rs. 4.24 Lakh|
|Meerut||Rs. 4.24 Lakh|
Get More Updates! Talk to our investment specialist
Get More Updates!
Talk to our investment specialist
3. Maruti S-Presso -
Starts Rs. 3.85 Lakh
Maruti Suzuki S- Presso is one of the highly anticipated mini car cross hatchback cars. The S-presso has its own styling elements with a round central console, speedometer and infotainment systems.
S- Presso is 3565mm long and 1520mm wide with a wheelbase of 2380mm long with BS6 complaint. It has a 1.0-litre engine with a 5-speed manual and AMT options. S-Presso has different variants and stands at 21.4kmpl.
- Power Steering
- Power Windows
- Child Locking
- Driver Airbags
- Adjustable Headlamps
- Gear Shift Indicator
Maruti S- Presso Variants
The SUV look vehicle has a total of 6 variants from low end to top-end pricing starts from Rs. 3.71 lakh to Rs. 4.39 lakh.
Check the starting price of Maruti S-Presso variants:
|Maruti S-Presso STD||Rs. 3.85 Lakh|
|Maruti S-Presso STD Opt||Rs. 3.91 Lakh|
|Maruti S-Presso LXI||Rs. 4.29 Lakh|
|Maruti S-Presso LXI Opt||Rs. 4.35 Lakh|
|Maruti S-Presso VXI||Rs. 4.55 Lakh|
|Maruti S-Presso VXI Opt||Rs. 4.61 Lakh|
|Maruti S-Presso LXI CNG||Rs. 5.24 Lakh|
|Maruti S- Presso VXI AT||Rs. 5.05 Lakh|
|Maruti S-Presso VXI Opt AT||Rs. 5.11 Lakh|
|Maruti S-Presso VXI Plus AT||Rs. 5.21 Lakh|
Maruti S-Presso in Major Cities
Maruti S-Presso is for the SUV lovers on a low budget.
Look at the following ex-showroom price in other cities:
|Noida||Rs. 3.85 Lakh|
|Ghaziabad||Rs. 3.85 Lakh|
|Gurgaon||Rs. 3.85 Lakh|
|Faridabad||Rs. 3.85 Lakh|
|Bahadurgarh||Rs. 3.85 Lakh|
|Kundli||Rs. 3.85 Lakh|
|Ballabhgarh||Rs. 3.85 Lakh|
|Greater Noida||Rs. 3.85 Lakh|
|Manesar||Rs. 3.85 Lakh|
|Sohna||Rs. 3.85 Lakh|
4. Maruti Suzuki Eeco -
Starts Rs. 4.53 Lakh
If you are looking for a spacious vehicle under a small budget, then Maruti Suzuki Eeco is a great option to go for. It is very popular among school vans and even ambulances. It offers 74PS power and 101Nm Torque with 5-speed manual gearbox.
Eeco offers 5 and 7 seater options to suit your needs.
- Wide interior space
- Budget-friendly Price
- Good for commute
Maruti Suzuki Eeco Features
Some of the main features offered by Maruti Suzuki Eeco are listed below:
|Mileage||15kmpl to 21kmpl|
|Gear Box||5 speed|
|Fuel Capacity||65 Litres|
|Emission Norm Compliance||BS VI|
Maruti Suzuki Eeco Variant Pricing
Maruti Suzuki Eeco is available in four variants, such as:
|Eeco 5 Seater STD||Rs. 4.53 Lakh|
|Eeco 7 Seater STD||Rs, 4.82 Lakh|
|Eeco 5 Seater AC||Rs. 4.93 Lakh|
|Eeco CNG 5STR with AC HTR||Rs. 5.88 Lakh|
Maruti Suzuki Eeco Price in India
The price varies across the country. Some of the major ones are listed below:
|Noida||Rs. 4.53 Lakh|
|Ghaziabad||Rs. 4.53 Lakh|
|Gurgaon||Rs. 4.53 Lakh|
|Faridabad||Rs. 4.53 Lakh|
|Bahadurgarh||Rs. 4.53 Lakh|
|Kundli||Rs. 4.53 Lakh|
|Ballabhgarh||Rs. 4.53 Lakh|
|Greater Noida||Rs. 4.53 Lakh|
|Manesar||Rs. 4.53 Lakh|
|Sohna||Rs. 4.53 Lakh|
5. Datsun GO -
Starts Rs. 4.02 Lakh
The new updated features makes Datsun Go quite an attractive option in the entry level hatchback segment. The new safety features includes dual airbags, ABS and EDB as standard and new Vehicle Dynamic Control (VDC) in the top two variants. It also has 7-inch touchscreen is segment leading.
Powered by Japanese Engineering, the new Datsun GO comes with advanced technological features where you can get a truly automatic drive experience. Go has the best-in-class interiors giving rider more comfort and less fatigue!
- Peppy and efficient engine
- New safety features
- Great ride quality for a budget car
Datsun GO Features
Some of the main features offered by Datsun GO are listed below:
|Emission Norm Compliance||BS VI|
|Engine Displ.||1198 cc|
|Boot Space||265 Liters|
|Power Windows||Front and Rear|
|Airbags||Driver and Passenger|
Datsun GO Variant Pricing
GO 2018 comes in 7 variants with 6 colour options. The GO price starts from Rs. 4.02 Lakh and goes up to Rs. 6.51 Lakh.
|D Petrol||Rs. 4.02 Lakh|
|A Petrol||Rs. 4.99 Lakh|
|A Option Petrol||Rs. 5.40 Lakh|
|T||Rs. 5.75 Lakh|
|T Option||Rs. 5.95 Lakh|
|T CVT||Rs. 6.31 Lakh|
|T Option CVT||Rs. 6.51 Lakh|
Datsun GO Price in India
The price varies across the country. Some of the major ones are listed below:
|Noida||Rs. 4.02 Lakh|
|Ghaziabad||Rs. 4.02 Lakh|
|Gurgaon||Rs. 4.02 Lakh|
|Faridabad||Rs. 4.02 Lakh|
|Kundli||Rs. 5.94 Lakh|
|Greater Noida||Rs. 3.32 Lakh|
|Modinagar||Rs. 3.74 Lakh|
|Palwal||Rs. 4.02 Lakh|
|Hapur||Rs. 3.74 Lakh|
|Meerut||Rs. 4.02 Lakh|
Prices Source: Zigwheels
Speed-up your Savings to Ride your Dream Car
If you are planning to buy a car or planning to fulfil a certain goal, then a sip calculator will help you to calculate the amount you need to invest.
SIP calculator is a tool for investors to determine the expected return of the SIP investment. With the help of a SIP calculator, one can calculate the amount of investment and time period of investing requires to reach one's financial goal.
Total investment amount is ₹300,000
Know Your SIP Returns
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Total investment amount is ₹300,000
Best SIP Funds for Goal-Investing
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2021 (%) ICICI Prudential Bluechip Fund Growth ₹70.22 ₹32,810 100 3.8 16.9 4 17.3 12.2 29.2 Nippon India Large Cap Fund Growth ₹55.8564
₹11,951 100 4 20.5 7.7 17.2 11.7 32.4 Canara Robeco Bluechip Equity Fund Growth ₹42.59
₹7,988 1,000 2.6 15.2 -1.1 16.8 14.2 24.5 Kotak Bluechip Fund Growth ₹386.685
₹4,934 100 1.5 15.3 -1.1 16.2 12.2 27.7 SBI Bluechip Fund Growth ₹64.4688
₹33,022 500 3 16.5 1.3 16.1 11.5 26.1 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 16 Nov 22
|Toyota Innova Crysta||Rs. 18.09 Lakh|
|Hyundai Creta||Rs. 10.44 Lakh|
|Maruti Suzuki Swift||Rs. 5.91 Lakh|
|Tata Punch||Rs. 5.99 Lakh|
- Maruti Suzuki. Dzire. ...
- Renault. Kiger. ...
- Maruti Suzuki. Ignis. Starts at ₹ 5.35 Lakh. ...
- City. Starts at ₹ 11.29 Lakh. EMI - ₹ 23,432 pm. ...
- Tata. Tiago. Starts at ₹ 5.40 Lakh. ...
- Renault. Kwid. Starts at ₹ 4.62 Lakh. ...
- Maruti Suzuki. Starts at ₹ 4.25 Lakh. EMI - ₹ 8,822 pm. ...
- Tata. Tigor. Starts at ₹ 6.00 Lakh.
In general, experts recommend spending 10%–15% of your income on transportation, including car payment, insurance, and fuel. For example, if your take-home pay is $4,000 per month, then you should spend $400 to $600 on transportation. To be sure, that range is simply for guidance.
|Car Name||Ex-Showroom Price*||On-Road Price*|
|Datsun Redi GO||₹3.97 Lakh||₹4.43 - ₹5.50 Lakh|
|Renault Kwid||₹4.24 Lakh||₹4.75 - ₹6.42 Lakh|
|Maruti Alto||₹3.25 Lakh||₹3.64 - ₹5.49 Lakh|
|Maruti S Presso||₹3.85 Lakh||₹4.29 - ₹6.16 Lakh|
While soaring used car prices are bad for those who can't afford a new car, they may mean 2022 is a good time to buy a car for those with a vehicle to trade in. A high trade-in price means added capital that can help reduce the finance share of purchasing a new car.
Which are the most popular Family Cars in India? The most popular family cars in India are Maruti Brezza, Tata Nexon, Mahindra XUV700, Toyota Innova Crysta, and Kia Carens.
|upper Middle class Cars||Price ( 5 to 12 Lakh )|
|Tata Altroz||Rs 5.69 Lakh – Rs 9.46 Lakh|
|Maruti Suzuki Dzire||Rs 5.98 Lakh – Rs 9.02 Lakh|
|Maruti Suzuki Baleno||Rs 5.89 Lakh – Rs 9.30 Lakh|
|Maruti Vitara Brezza||Rs 7.51 Lakh – Rs 11.41 Lakh|
- Hyundai Grand i10. Rs4.98 - 7.59 Lakh* ...
- Maruti Ignis. Rs5.35 - 7.72 Lakh* ...
- Ford Figo. Rs5.00 - 8.37 Lakh* ...
- Tata Tiago 2019-2020. Rs4.55 - 6.97 Lakh* ...
- Maruti Baleno 2015-2022. Rs5.90 - 9.66 Lakh* ...
- Hyundai Venue 2019-2022. Rs6.55 - 11.88 Lakh* ...
- Ford Ecosport 2015-2021.
Here's what GTO had to say on the matter: In terms of durability - whether India or abroad - nothing touches a Toyota body-on-frame diesel UV. Think Qualis, Innova, Prado, Landcruiser and the like. These are indestructible machines and kept well, will easily cross 500,000 km.
Toyota earns the top spot as the best automaker for dependability. Toyota vehicles are known for their longevity, and they are proven to last longer than any other brand. Toyotas are built so well they have below-average maintenance and repair costs, which helps contribute to why they remain on the road for so long.
- Lexus. This brand stays at the top, year after year. ...
- Toyota. Many Toyota models are among the most popular cars worldwide because they are affordable, dependable, and easy to maintain.
- Mazda. ...
- Kia. ...
- Honda. ...
- Buick. ...
The most popular Top Mileage Cars include BMW 7 Series (39 kmpl), Volvo XC90 (36 kmpl) and Toyota Urban Cruiser Hyryder (27 kmpl). The top manufacturers that produce best mileage cars are BMW, Volvo, Toyota, Maruti Suzuki, Honda.
You should go for a sedan car because the are best in comfort. If you have low budget then go for honda amaze diesel and if you can spent some more then go for verna diesel it is best. But don't go for a petrol car. Tiago Diesel or Ford Figo Diesel versions are good safety-wise.
According to the most recent data, BMW tops the list as the most expensive car brand to maintain, followed by Mercedes-Benz, based on estimates of total car maintenance over 10 years.
Overall winner: Kia EV6
Choose any of our 2022 award winners and you'll be getting an absolutely fantastic car that's better than all of its direct rivals. However, the overall Car of the Year award is reserved for the model that has moved things on the farthest in the past 12 months. And this year, that's the Kia EV6.
While India's largest carmaker, Maruti Suzuki, leads the race, Hyundai Motor India came at a distant second closely followed by Tata Motors. Mahindra and Kia bagged fourth and fifth positions respectively. Maruti Suzuki sold 1,34,166 units in the domestic market in August 2022, registering a 30 per cent YoY growth.
Top 10 5-Seater Cars
The prices for the top 5 popular 5 seater cars are:BYD Atto 3 Price is ₹ 33.90 Lakh, Hyundai Venue Price is ₹ 7.53 Lakh, Mahindra XUV700 Price is ₹ 13.45 Lakh, Maruti Suzuki Grand Vitara Price is ₹ 10.45 Lakh and Maruti Suzuki Swift Price is ₹ 5.91 Lakh.
Top 10 4-Seater Cars
The prices for the top 5 popular 4 seater cars are:Mahindra Thar Price is ₹ 13.58 Lakh, Maruti Suzuki Alto 800 Price is ₹ 5.02 Lakh, MINI Cooper Price is ₹ 40.00 Lakh, Force Motors Gurkha Price is ₹ 14.75 Lakh and Nissan GT-R Price is ₹ 2.12 Crore.
- Nissan Sentra – $20,635. View Photos. Nissan. ...
- Kia Soul – $20,505. VIEW PHOTOS. ...
- Hyundai Venue – $20,245. VIEW PHOTOS. ...
- Kia Forte – $20,115. VIEW PHOTOS. ...
- Subaru Impreza – $19,790. VIEW PHOTOS. ...
- Hyundai Accent – $17,690. VIEW PHOTOS. ...
- Kia Rio – $17,275. VIEW PHOTOS. ...
- Nissan Versa – $16,205. VIEW PHOTOS.
- Porsche – 90.74% Key points: Classic Porsche strong points make a great showing here, with top ratings for exterior, ride and handling, reliability and infotainment. ...
- Tesla – 90.50% ...
- Kia – 90.40% ...
- Peugeot – 89.28% ...
- Honda – 88.94% ...
- Jaguar – 88.90% ...
- Mazda – 88.89% ...
- Volvo – 88.35%
|2021 New Car Sales by Brand|
In terms of the best time of the year, October, November and December are safe bets. Car dealerships have sales quotas, which typically break down into yearly, quarterly and monthly sales goals. All three goals begin to come together late in the year.
Maruti Suzuki Alto is back in the game as it emerged as the bestselling model in the country in September 2022. The Indian automaker sold 24,844 units of the Alto hatchback last month compared to 12,143 unit sales in September 2021, thereby registering a strong growth of 105 per cent.
- Maruti Alto - 24,844.
- Maruti WagonR - 20,078.
- Maruti Baleno - 19,369.
- Maruti Brezza - 15445.
- Tata Nexon - 14,518.
- Hyundai Creta - 12,866.
- Maruti Eeco - 12.697.
- Tata Punch - 12,251.