India’s Most Affordable and Budget-Friendly Cheapest Cars in 2023

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India’s Most Affordable and Budget-Friendly Cheapest Cars in 2023

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.

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List of 10 Cheapest Car in India / Lowest Price Cars List January 2023

There is no shortage of quality options when it comes to the cheapest car in India as you would see from the discussion below.

Car Name Starting Price Mileage
Bajaj Qute ₹ 3.60 lakh 35 kmpl
Datsun Redi-GO ₹ 3.97 lakh ₹ 3.97 lakh
Renault Kwid ₹ 4.64 lakh 25.17 kmpl
Maruti Alto 800> ₹ 3.97 lakh 22.05 kmpl
Maruti S-Presso ₹ 4.25 lakh 21.4 kmpl
Maruti Eeco ₹ 5.13 lakh 16.11 kmpl
Maruti Celerio ₹ 5.23 lakh 21.63 kmpl
Maruti Wagon R ₹ 5.47 lakh 21.79 kmpl
Hyundai Santro ₹ 4.89 lakh 20.3 kmpl
Tata Tiago ₹ 5.45 lakh ₹ 5.45 lakh

Cheapest and Low Price Cars Under 5 Lakhs in India 2023

1. Bajaj Qute

The first name that needs to be taken in this regard is that of Bajaj Qute.

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Following are Bajaj Qute major features at a glance:

Mileage engine displacement Price
35 kmpl (kilometer per liter) 216 cc (cubic capacity) INR 3.60 lakh

A lot of people consider this to be the cheapest 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.

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Datsun Redi-GO major features may be enumerated thus:

Mileage engine displacement Price
22.7 kmpl 799 cc INR 3.97 lakh

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.

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Come, let us take a look at Renault Kwid salient features:

Mileage engine displacement Price
25.17 kmpl 799 cc INR 4.64 lakh

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.

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So, let us take a look at Maruti Alto 800 features:

Mileage engine displacement Price
22.05 kmpl 796 cc INR 3.97 lakh

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.

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Maruti S-Presso salient features may be enumerated below:

Mileage engine displacement Price
21.4 kmpl 998 cc INR 4.25 lakh

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.

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Without further ado, let us take a look at Maruti Eeco salient features:

Mileage engine displacement Price
16.11 kmpl 1196 cc INR 5.13 lakh

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.

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Come, let us take a look at Maruti Celerio main features:

Mileage engine displacement Price
21.63 kmpl 998 cc INR 5.23 lakh

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.

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The following are Maruti Wagon R’s salient features:

Mileage engine displacement Price
21.79 kmpl 998 cc INR 5.47 lakh

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.

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This one is also a popular option when you think of a car with a price that is within your limits.

Mileage engine displacement Price
20.3 kmpl 1086 cc INR 4.89 lakh

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.

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Tata Tiago’s salient features may be enumerated below:

Mileage engine displacement Price
20 kmpl 1199 cc INR 5.45 lakh

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.

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