Top 5 Cheapest Cars in India in 2024 with Price and Specifications (2024)

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Top 5 Cheapest Cars in India in 2024 with Price and Specifications (1)

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Budget tends to be a constraint for many when choosing the perfect car to fit their requirements. However, India has quite a diverse market when it comes to automobiles, with dependable and quality vehicles available aplenty – whose costs do not necessitate digging a hole in your pockets.

If you are currently looking for the best budget cars in India, you have stumbled onto the right place!

Here, we list the most popular pocket-friendly vehicles currently available in the Indian market. So, if you think you can’t afford a car at present, think again!

List of Cheapest Cars in India

Models 

Ex-Showroom Price [New Delhi] 

Maruti Alto K10 

Starting from ₹3.99 lakh

Maruti S-Presso 

Starting from ₹4.26 lakh

Maruti Suzuki Wagon R

Starting from ₹5.54 lakh

Tata Tiago

Starting from ₹5.60 lakh

Hyundai Grand i10 Nios

Starting from ₹5.84 lakh

Note: All prices here are the ex-showroom price in New Delhi. 

5 Best Budget Cars in India in 2024

There is no dearth of affordable cars in India. However, you should also prioritise performance, handling and comfort when choosing your vehicle.

When buying a car in India, securing car insurance is also crucial as it is mandatory by the Motor Vehicles Act of 1988. It provides financial protection against accidents, theft and damages, safeguarding your investment.

Having car insurance saves you from hefty traffic fines, license suspension, and even legal trouble.

Keeping this in mind, here are the top 5 cheapest cars in India that you can purchase with a budget of under Rs.6 lakh, with superior performance guaranteed.

1. Maruti Suzuki Alto K10 | Starting from ₹3.99 lakh

Top 5 Cheapest Cars in India in 2024 with Price and Specifications (5)

Source: marutisuzuki

Maruti Suzuki is one of the most popular brands when it comes to the cheapest cars in India. Its new Alto K10 range receives a complete design overhaul in its interior and exterior parts.

The latest car tech design involves a 7.0-inch SmartPlay Studio infotainment system for rider entertainment.

Moreover, it comes with a 1.0-litre Dual-Jet petrol unit producing 67 BHP and 89 Nm of peak torque, which ensures a smooth riding experience. 

  • Ex-showroom price: ₹3.99 - ₹5.83 lakhs*
  • Engine displacement: 998 cc 
  • Mileage: 24.39 - 24.9 kmpl 
  • Seating capacity: 5 
  • Transmission: Manual/Automatic 
  • Fuel type: Petrol/CNG 
  • Body type: Hatchback 
  • Airbags: 2  
  • Safety features: Dual airbags, ABS with EBD, and a driver-side airbag standard in some variants of the Alto K10 

2. Maruti S-Presso | Starting from ₹4.26 lakh

Top 5 Cheapest Cars in India in 2024 with Price and Specifications (6)

source: marutisuzuki

Another Maruti offering in this list of the most affordable cars in India, the S-Presso, is fitted with the K10B petroleum engine, which sports an MPFi fuel injection system and 3 cylinders.

Furthermore, the car features manual and automatic transmission systems, although the former variant can cost you marginally more. Peak power and torque ratings are 67 BHP and 90 Nm, respectively.

  • Ex-showroom price: ₹4.26 - ₹6.12 lakh*
  • Engine displacement: 998 cc 
  • Mileage: 24.12 - 25.3 kmpl 
  • Seating capacity: 5 
  • Transmission: Manual/Automatic 
  • Fuel type: CNG/Petrol 
  • Body type: Hatchback 
  • Airbags: 2 
  • Safety features: Reverse parking sensors, dual front airbags, and ABS with EBD. 

3. Maruti Suzuki Wagon R | Starting from ₹5.54 lakh

Top 5 Cheapest Cars in India in 2024 with Price and Specifications (7)

source: marutisuzuki

If you are looking for a family car in India’s cheapest car range, Maruti Wagon R can be the best choice. It is a fuel-efficient car with configured seats which look after rider comfort.

Additionally, it comes with a petrol engine, producing a maximum of 113Nm of torque.

Moreover, riders can enjoy features and facilities like vehicle dynamic control, intelligent wiper system, 7-inch touchscreen display, steering-mounted audio and phone controls, digital clock, and power windows front and rear. 

  • Ex-showroom price: ₹5.54 - ₹7.42 lakh*
  • Engine displacement: 998 cc to 1197 cc 
  • Mileage: 23.56 - 25.19 kmpl 
  • Seating capacity: 5 
  • Transmission: Manual/Automatic 
  • Fuel type: CNG/Petrol 
  • Body type: Hatchback 
  • Airbags: 2 
  • Safety features: Dual front airbags, ABS with EBD, rear parking sensors, and hill-hold assist (only on AMT variants)

4. Tata Tiago | Starting from ₹5.60 lakh

Top 5 Cheapest Cars in India in 2024 with Price and Specifications (8)

source: tatamotors

You cannot go wrong if your choice for a budget-friendly vehicle is the Tata Tiago.

One of the most popular hatchbacks in India since its launch, the Tata Tiago is equipped with a 3-cylinder, 5-speed, manual engine. Variants include petroleum and CNG models.

You can expect maximum power and torque of around 72 bhp and 95 Nm, respectively.

  • Ex-showroom price: ₹5.60 - ₹8.20 lakh*
  • Engine displacement: 1199 cc 
  • Mileage: 19 kmpl 
  • Seating capacity: 5 
  • Transmission: Manual/Automatic 
  • Fuel type: CNG/Petrol 
  • Body type: Hatchback 
  • Airbags: 2 
  • Safety features: Dual front airbags, ABS with EBD, rear parking sensors, and cornering stability control.

5. Hyundai Grand i10 Nios | Starting from ₹5.84 lakh

Top 5 Cheapest Cars in India in 2024 with Price and Specifications (9)

source: hyundai

Hyundai offers an affordable and comfortable vehicle in this budget segment in the form of the Grand i10 Nios.

You can choose between a petroleum, diesel or a CNG variant, as per your preference. The 1.2 kappa petrol engine sports 4 cylinders. Its maximum torque output is 113.8 Nm, while peak power is limited to 81.80 bhp.

  • Ex-showroom price: ₹5.84 - ₹8.51 lakh*
  • Engine displacement: 998 cc to 1197 cc 
  • Mileage: 19 kmpl 
  • Seating capacity: 5 
  • Transmission: Manual/Automatic 
  • Fuel type: Petrol/Diesel/CNG 
  • Body type: Hatchback 
  • Airbags: 4-6 
  • Safety features: 6 airbags as standard, ABS with EBD, hill assist, electronic stability control (ESC), tyre pressure monitoring system (TPMS), and ISOFIX child seat mounts.

These are just the top 5 cheapest cars in India. You can consider countless others from various manufacturers within this budget.

However, keep in mind that the list above only considers the ex-showroom price in New Delhi. Therefore, exact prices may vary based on your city.

Nevertheless, the budget should not constrain your car purchase any longer. With such a diverse range of vehicles present, there is absolutely no shortage of options.

Also, it is advisable to protect your car with athird-party car insurancepolicy, as it is mandated by law. It will cover any damage or losses your vehicle could cause to a third-party person or property in any unforeseen mishap.

FAQs about the Cheapest Cars in India in 2024

Disclaimer: The information and prices mentioned here are for a specific city and vehicle model sourced from official car company websites and reputable aggregators. They may change as per time. Please verify the details with the respective car manufacturers or authorised dealers before you buy a vehicle.

This information is added only for informative purposes, and Digit Insurance is not promoting or recommending any specific vehicle or brand in any way. 

Top 5 Cheapest Cars in India in 2024 with Price and Specifications (2024)

FAQs

Top 5 Cheapest Cars in India in 2024 with Price and Specifications? ›

Some affordable car models in India include the Maruti Suzuki Alto, the Datsun redi-GO, the Renault Kwid, the Hyundai Santro, the Tata Tiago, and the Mahindra KUV100NXT. These cars have a starting price range of around Rs. 2.5-4.5 Lakh.

Which is the cheapest car in India in 2024? ›

Some affordable car models in India include the Maruti Suzuki Alto, the Datsun redi-GO, the Renault Kwid, the Hyundai Santro, the Tata Tiago, and the Mahindra KUV100NXT. These cars have a starting price range of around Rs. 2.5-4.5 Lakh.

Which is India's No 1 cheapest car? ›

1. Maruti Suzuki Alto 800. The Maruti Suzuki Alto 800 tops the list when it comes to the most cheapest cars in India, offering an economical choice that's easy on the wallet both in terms of initial cost and day-to-day expenses.

Which car is best in low price? ›

Here is a detailed look into the most affordable cars currently available in the market:
  • Renault Kwid. ...
  • Maruti Eeco. ...
  • Maruti Celerio. ...
  • Maruti Wagon R. ...
  • Tata Tiago. ...
  • Hyundai Grand i10 Nios. ...
  • Nissan Magnite. ...
  • Tata Punch. Enjoy spacious seats and luxurious interiors with Tata Punch, a low price petrol car in India.

Which is the no. 1 ranking car in India? ›

Maruti Suzuki is the No. 1 car company in India in terms of market share. Occupying more than 40% of the country's passenger car market, Maruti Suzuki is well-loved and respected throughout the country for its efficient, frugal, and affordable vehicles.

Which car is cheapest to maintain in India? ›

Best Low Maintenance Cars in India 2024
  • Ford Figo.
  • Maruti Suzuki Alto 800.
  • Hyundai Grand i10 Nios.
  • Tata Tiago.
  • Hyundai Aura.
  • Maruti Suzuki Dzire.
  • Hyundai Creta.
  • Tata Nexon.
Feb 27, 2024

Which car is the king of India? ›

Despite its British origins, the Ambassador was considered as a definitive Indian car and was fondly called the "King of Indian roads".

Which is the no. 1 safest car in India? ›

Top 5 Safest Cars in India
  • Tata Harrier. The Tata Harrier emerges as the best safe SUV In India's automotive market, being renowned for its fusion of robust features and commendable safety standards. ...
  • Tata Safari. ...
  • Volkswagen Virtus. ...
  • Škoda Slavia. ...
  • Škoda Kushaq.
Feb 19, 2024

Which car is most buying in India? ›

Among the top-selling SUVs in India are the Hyundai Creta, Tata Nexon, and Maruti Brezza. Q. Which is the highest-selling car in India? The Maruti Baleno emerges as the highest-selling car in India, showcasing its popularity among consumers with a remarkable 18,417 units sold in September 2023.

Which car is value for money in India? ›

Several cars in India offer good value for money based on factors like features, performance, and pricing. Popular choices include the Maruti Suzuki Swift, Tata Altroz, Kia Sonet, and Hyundai Venue. It ultimately depends on your specific preferences and needs, such as size, fuel efficiency, and desired features.

Which is the best car for a middle class family in India? ›

List of Best Cars for Middle Class Family
ModelFuel TypeMileage
Tata NexonPetrol, Diesel23.23-24.08 km/l
Kia SonetPetrol, Diesel, CNG18.4 km/l (P), 23.9 km/l (D), 26.5 km/l (CNG)
Hyundai CretaPetrol, Diesel18.46-21.35 km/l
Skoda KushaqPetrol17.88-20.08 km/l
11 more rows
Apr 5, 2024

What is the best most affordable car to buy? ›

Cheapest New Cars
  • 2024 Kia Forte LX: $21,145.
  • 2024 Hyundai Venue SE: $21,275.
  • 2024 Chevrolet Trax LS: $21,495.
  • 2024 Kia Soul LX: $21,565.
  • 2024 Nissan Sentra S: $22,320.
  • 2024 Nissan Kicks S: $22,730.
  • 2024 Hyundai Elantra SE: $22,775.
  • 2024 Toyota Corolla LE: $23,145.
Apr 22, 2024

Which car sold most in 2024 in India? ›

Tata Punch

Which is Indian top 5 star car? ›

Top Cars in India As Per Global NCAP Ratings
  • Tata Harrier – 5-star GNCAP rating.
  • Tata Safari – 5-star GNCAP Rating.
  • Volkswagen Virtus – 5-star GNCAP Rating.
  • Skoda Slavia – 5-star GNCAP Rating.
  • Skoda Kushaq – 5-star GNCAP Rating.
  • Volkswagen Taigun – 5-star GNCAP Rating.
  • Hyundai Verna – 5-star GNCAP Rating.
Mar 29, 2024

Which car is the king of Mahindra in India? ›

The Mahindra Scorpio is the ideal vehicle for all family members, offering versatility and durability. With its substantial build, it ensures safety and reliability on the road. Moreover, it's available in a wide range of color variants to suit individual preferences.

How much will cars cost in 2024? ›

New Car Prices – May 2024 Update

According to recent data from Cox Automotive, the average transaction price for new cars is $47,244. That's down 2.2% year-over-year.

What is the 2000 dollar car in India? ›

Today, Tata Motors announced a starting price of 100,000 rupees, or $1,980, for the Nano when it goes on sale in India in July. Tata wanted the car to be an affordable alternative to a motorcycle. At this price, mission accomplished.

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