Top 10 Cheapest Cars in India 2024 | Price, Fuel Type, Mileage
A four-wheeler car is a must-have asset for a family. In the present times, cars are no longer luxuries, rather they are a necessity for most people. Although you have the option of using a two-wheeler, when it comes to commuting together as a family, you need a car. Depending on the budget, families in India can prefer to buy a car of their choice. There are many high-end as well as low-cost four-wheelers that they can choose as per their needs. In this post, we are discussing the top 10 cheap or cost-effective cars in India in 2024.
India’s Most Affordable Cheapest Cars in 2024
Having a vehicle for your personal use is an integral part of modern life. While many people prefer to own a bike for practicality and economic value, owning a car is a much better option for most couples and families. One of the biggest benefits of owning a car is the convenience, comfort, and safety that it offers. For those who are looking for a car on a steep budget, there are several affordable options available, that offer great value for money. Here are some of the cheapest car in India available in the Indian automobile market that can be considered by those looking for a car on a tight budget.
Top 10 Cheapest Cars in India with Ex-showroom Price, Fuel Type, Mileage and Seating
There is no shortage of quality options when it comes to the lowest price car in India as you would see from the discussion below.
| Car Name | Starting Price (Ex-Showroom) | Fuel Type | Mileage | Seating | Airbags |
| Bajaj Qute | ₹ 2.64 – 2.84 Lakh | Petrol, Petrol+CNG | 35 – 43 KM/L | 4 Seater | No |
| Datsun Redi-GO | ₹ 3.8 – 4.96 Lakh | Petrol | 20.7 – 22 KM/L | 5 Seater | Yes |
| Renault Kwid | ₹ 4.7 – 6.33 Lakh | Petrol | 22 – 23 KM/L | 5 Seater | Yes |
| Maruti Alto 800 | ₹ 3.54 – 5.13 Lakh | Petrol, Petrol+CNG | 24.7 – 31.4 KM/L | 4,5 Seater | Yes |
| Maruti S-Presso | ₹ 4.25 – 6.1 Lakh | Petrol, Petrol+CNG | 24.8 – 32.7 KM/L | 5 Seater | Yes |
| Maruti Eeco | ₹ 5.22 – 8.25 Lakh | Petrol, Petrol+CNG | 19.7 – 26.8 KM/L | 5,7 Seater | No |
| Maruti Celerio | ₹ 5.35 – 7.13 Lakh | Petrol, Petrol+CNG | 25 – 26.7 KM/L | 5 Seater | Yes |
| Maruti Wagon R | ₹ 5.53 – 7.29 Lakh | Petrol, Petrol+CNG | 21.5 – 33.4 KM/L | 5 Seater | Yes |
| Hyundai Santro | ₹ 4.87 – 6.45 Lakh | Petrol, Petrol+CNG | 20.3 – 30.5 KM/L | 5 Seater | Yes |
| Tata Tiago | ₹ 5.54 – 8.05 Lakh | Petrol, Petrol+CNG | 23.8 KM/L | 5 Seater | Yes |
Cheapest and Low Price Car List under 5-6 Lakhs
1. Bajaj Qute
The first name that needs to be taken in this regard is that of Bajaj Qute.
Following are Bajaj Qute major features at a glance:
| Mileage | 35 – 43 KM/L (kilometer per liter) |
| engine displacement | 216 cc (cubic capacity) |
| Price | ₹ 2.64 – 2.84 Lakh |
| Power | 10.8bhp |
| Torque | 16.1 Nm |
| Engine | CNG 216cc |
| Gear | 5-Speed manual |
| Body Type | Hatchback |
A lot of people consider this to be the affordable car in India. This car is available in both CNG (compressed natural gas) and petrol variants. It also provides you with the best fuel efficiency that you could expect from such a vehicle. So, in case you are looking for an economic vehicle you could always try this.
2. Datsun Redi-GO
If you look up a low-price car list in India, this is one name that you are sure to find over there.
Datsun Redi-GO major features may be enumerated thus:
| Mileage | 20.7 – 22 KM/L |
| engine displacement | 799 cc |
| Price | ₹ 3.8 – 4.96 Lakh |
| Power | 67.05bhp |
| Torque | 91Nm |
| Engine | 999cc |
| Gear | 5-Speed |
| Body Type | Hatchback |
Apart from these, the car was also bestowed with the honor of being the NDTV (New Delhi Television) Small Car of the Year in 2017. No wonder people go for it when they are trying to buy a low priced car. The hatchback is said to be one of the finest budget cars in the country.
3. Renault Kwid
If you are looking for an affordable car chances are high that you could end up with this vehicle as well.
Come, let us take a look at Renault Kwid salient features:
| Mileage | 22 – 23 KM/L |
| engine displacement | 799 cc |
| Price | ₹ 4.7 – 6.33 Lakh |
| Power | 53bhp and 67bhp |
| Torque | 72 Nm and 91 Nm |
| Engine | 799cc Petrol and 999cc Petrol |
| Gear | 5-Speed manual and AMT |
| Body Type | 5-seater Hatchback |
| Mileage | 20.07 KM/L |
In 2016, NDTV awarded it the Car of the Year Award at the NDTV Awards. It has a 28-liter fuel tank, a DOHC (dual overhead camshaft) five-speed engine that can produce a torque of 91 Nm (Newton-meter), and the power of the MPFi (multi point fuel injection) system.
4. Maruti Alto 800
You can be sure that you would not go wrong with this car if you are looking for the lowest price car in India.
So, let us take a look at Maruti Alto 800 features:
| Mileage | 24.7 – 31.4 KM/L |
| engine displacement | 796 cc |
| Price | ₹ 3.54 – 5.13 Lakh |
| Power | 66 bhp |
| Torque | 89 Nm |
| Engine | 998cc Petrol |
| Gear | 5-Speed manual and AMT |
| Body Type | 5-seater Hatchback |
| Mileage | 24.39 KM/L |
In the 2013 NDTV Car and Bike Awards, it was named the Entry Hatchback of the Year. In fact, ever since it was launched it has been one of the most popular hatchbacks in India. It comes with a five-speed three-cylinder manual engine. This car is available in both CNG and petroleum models. It provides a maximum power of 40 BHP (brake horsepower) and the highest torque of 60 Nm.
5. Maruti S-Presso
Maruti offers some of the most affordable cars in India and as the lowest price car; this ranks right up there with the very best.
Maruti S-Presso salient features may be enumerated below:
| Mileage | 24.8 – 32.7 KM/L |
| engine displacement | 998 cc |
| Price | ₹ 4.25 – 6.1 Lakh |
| Power | 66bhp |
| Torque | 89 Nm |
| Engine | 998cc Petrol |
| Gear | 5-Speed manual and AMT |
| Body Type | 5-seater Hatchback |
| Mileage | 24.12 KM/L |
In 2019, at the Tech and Auto Awards, the car won the Hatchback of the Year Award. It has a K10B petroleum engine that contains three cylinders along with the fuel injection system known as MPFi. Apart from that, the car has both automatic and manual transmission systems.
6. Maruti Eeco
If you are worried about the price of a car, this is one model that you can always go for.
Without further ado, let us take a look at Maruti Eeco salient features:
| Mileage | 19.7 – 26.8 KM/L |
| engine displacement | 1196 cc |
| Price | ₹ 5.22 – 8.25 Lakh |
| Power | 80 bhp |
| Torque | 104 Nm |
| Engine | 1197cc Petrol |
| Gear | 5-Speed manual |
| Body Type | 7-seater Van |
| Mileage | 20.02 KM/L |
Are you not looking for a hatchback? Do you want something bigger within your budget? If so, then Maruti Eeco is surely one of the most economical options going around. This is a minivan and gets its power from a G12B engine. The base variant is capable of making space for five people at a time.
7. Maruti Celerio
When you are looking for a good option as the cheapest car this is one model that you can always consider.
Come, let us take a look at Maruti Celerio main features:
| Mileage | 25 – 26.7 KM/L |
| engine displacement | 998 cc |
| Price | ₹ 5.35 – 7.13 Lakh |
| Power | 66bhp |
| Torque | 89 Nm |
| Engine | 998cc Petrol |
| Gear | 5-Speed manual and AMT |
| Body Type | 5-seater Hatchback |
| Mileage | 25 – 26.7 KM/L |
In the World Auto Forum of 2015, it was conferred with the Best Innovation award. Celerio is yet another family hatchback from the stable of Maruti. It comes with a three-cylinder engine to go with a five-speed gearbox. The engine can generate a minimum power of 67 BHP. It has a torque rating of 90 Nm at 3500 rpm (revolutions per minute).
8. Maruti Wagon R
This is perhaps one of the best options that you get in the country when you think of the lowest price car in India.
The following are Maruti Wagon R’s salient features:
| Mileage | 21.5 – 33.4 KM/L |
| engine displacement | 998 cc |
| Price | ₹ 5.53 – 7.29 |
| Power | 66bhp and 88bhp |
| Torque | 89 Nm and 118 Nm |
| Engine | 998cc Petrol and 1197cc Petrol |
| Gear | 5-Speed manual and AMT |
| Body Type | 5-seater Hatchback |
| Mileage | 21.5 – 33.4 KM/L |
The Wagon R is the epitome of economy and quality combined in a single package. It also happens to be one of the most popular vehicles in the country. It has a K12M petrol engine that is capable of generating a peak power of 81 BHP with a maximum torque of 113 Nm.
9. Hyundai Santro
This one is also a popular option when you think of a car with a price that is within your limits.
Hyundai Santro main features may be enumerated below:
| Mileage | 20.3 – 30.5 KM/L |
| engine displacement | 1086 cc |
| Price | ₹ 4.87 – 6.45 Lakh |
| Power | 68bhp |
| Torque | 99.04Nm |
| Engine | 1086cc |
| Gear | 5-Speed |
| Body Type | Hatchback |
| Mileage | 20.03 |
In 2019, at the World Car of the Year Award, it was chosen to be one of the top three vehicles around the world. It is the first Indian car to have received such an honor. It has a CNG version to go with a petroleum variant and you can choose any one from among them depending on what you prefer.
10. Tata Tiago
It may be the last name on the list but by no means is it the least.
Tata Tiago’s salient features may be enumerated below:
| Mileage | 23.8 KM/L |
| engine displacement | 1199 cc |
| Price | ₹ 5.54 – 8.05 Lakh |
| Power | 85bhp |
| Torque | 113 Nm |
| Engine | 1199cc Petrol |
| Gear | 5-Speed manual and AMT |
| Body Type | 5-seater Hatchback |
| Mileage | 23.8 KM/L |
Apart from these, at the CNBC-TV18 Overdrive Awards of 2017, it won the Compact Car of the Year Award. It is a budget hatchback from Tata and its specifications are as impressive as it gets. It derives its power from the Revotron petroleum engine, which has been created by Tata as well. It is also equipped with a five-speed manual transmission.
The above cars make it easy for first-time car buyers to own a car without the need to spend out of their means. By choosing any of these options you can get free from the dependency on public transport or the discomfort of traveling on two-wheelers during adverse weather conditions.
List of 10 Cheapest and Lowest Price Car in India 2024
The car insurance premium in India depends on various factors, like car model, location, engine type, coverage, and so on. A policy can start from Rs. 2,400 per year and go up to any 10-15 thousand depending on the policy and the different factors.
Third-party car liability (TPL) insurance is mandatory for cars in India.
First-party refers to the insured individual, second-party is the insurance provider, and third party is the person towards whom damages are owed by the first-party in an accident.
Many factors are taken into consideration to calculate the car insurance premium in India, such as cost of the car, the model of the car, the engine, the location you registered your car, etc.
In most cases, buying car insurance online is cheaper as most online life insurance products are at least 50% cheaper than their offline counterparts.
Bajaj Qute is the cheapest car in India at present. It starts at INR 3.60 lakh. The fuel type is available in petrol and CNG. And the transmission of the car is manual. If you are on a budget, this is the best car you can buy.
Under INR 2 lakh, finding a brand new car is not quite possible in India. However, you can look for used or second-hand cars that are in good condition.
Under INR 5 lakh, you can get many cars such as Renault Kwid, Maruti S-Presso, Hyundai Santro, etc.
Some of the 2024 cheapest cars in India are:
1. Renault Kwid
2. Datsun Go
3. Qute
4. Maruti Suzuki Wagon R
5. Maruti Suzuki Alto
# Maruti Suzuki Baleno
# Tata Tigor
# Maruti Suzuki Swift
# Maruti Vitara Brezza
# Tata Nexon
# Toyota Innova Crysta
# Kia Carens
# Mahindra XUV700
India's cheapest cars in India 2024:
1. Maruti Suzuki Alto 800
2. Maruti Suzuki Alto K10
3. Maruti Suzuki S-Presso
4. Renault Kwid
5. Maruti Suzuki Eeco
6. Maruti Suzuki Wagon R
7. Maruti Suzuki Celerio
8. Tata Tiago
- Maruti Suzuki Vitara Brezza
- Renault Kiger
- Honda City 4th generation
- Nissan Magnite
# Hyundai Verna
# Tata Nexon
# Maruti Brezza
# Tata Punch
# Mahindra XUV700
# Hyundai Creta
# Maruti Swift
Author Bio
Paybima Team
Paybima is an Indian insurance aggregator on a mission to make insurance simple for people. Paybima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. Paybima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
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