Auto Insight

Top Cars Under ₹5 Lakhs

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Saptarshi Ghosh

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Purchasing a car is a major milestone for many of us. But, the high cost of automobiles can be discouraging for some. However, it doesn’t have to be! In India, there are many affordable cars under ₹5 Lakhs. More encouragingly, these cars are also fuel-efficient, reliable and affordable. 

In this article, we detail out some of the best cars in India and their key features so you can choose the right one for you! 

List of Top Cars Under ₹5 Lakhs

Here’s a list of some of the best cars in India under ₹5 Lakhs and their ex-showroom prices: 

Car Name 

Ex-Showroom Price in Delhi (₹)

Maruti Suzuki Alto K10

3.99 Lakhs 

Renault Kwid

4.69 Lakhs 

Maruti Suzuki S-Presso

4.26 Lakhs 

Bajaj Qute (RE60)

3.61 Lakhs 

Strom Motors R3

4.50 Lakhs 

Disclaimer: Please note that all prices mentioned are for indicative purposes only. Above mentioned prices are the ex-showroom prices in Delhi and are subject to change. Hence, please get in touch with a showroom near you to get a better understanding of what the prices would look like in your city.

Maruti Suzuki Alto K10

The Maruti Suzuki Alto K10 is one of the most popular hatchbacks in the affordable category. The car is known for its fuel efficiency and reliability. This car comes equipped with a powerful 1.0-liter engine that produces 67 horsepower and 90 Nm of torque. The Maruti Suzuki Alto K10 offers mileage of up to 24.39 kmpl. 

Here’s a table showing some of the key features of the Maruti Suzuki Alto K10: 

Feature/Parameter

Value 

On-Road Price Range (₹)

4.50 - 5.20

Safety Rating

4

Engine Capacity

1.0L

Transmission Types

Manual

Fuel Range 

24.39 kmpl

Renault Kwid

Renault Kwid is another affordable option from the house Renault, a popular French multinational automobile manufacturer established in 1899. The car is best known for its stylish design and spacious interiors. The car comes with a 0.8-liter engine that produces 54 horsepower and 72 Nm of torque. Renault Kwid offers a mileage of 22.35 kmpl. 

Here’s a table showing some of the key features of the Renault Kwid: 

Feature/Parameter

Value 

On-Road Price Range (₹)

5.30 - 6.00

Safety Rating

3

Engine Capacity

0.8L

Transmission Types

Manual, AMT

Fuel Range 

22.35 kmpl

Maruti Suzuki S-Presso

The Maruti Suzuki S-Presso is one of India’s first mini SUVs. Not only that, the car is specifically designed to brave the city traffic and roads. The car is popular among both car enthusiasts and novices for its easy handling. The Maruti Suzuki S-Presso comes with a 1.0-liter engine that produces 67 horsepower and 90 Nm of torque. It offers an impressive mileage of 24.44 kmpl. 

Here’s a table showing some of the key features of the Maruti Suzuki S-Presso: 

Feature/Parameter

Value 

On-Road Price Range (₹)

4.90 - 5.50

Safety Rating

3

Engine Capacity

1.0L

Transmission Types

Manual

Fuel Range 

24.44 kmpl

Bajaj Qute (RE60)

The Bajaj Qute (RE60) is a revolutionary offering from the house of Bajaj Auto. It is a quadricycle that’s been especially designed for urban commuting. It’s becoming increasingly popular for its compact size and easy maneuverability. This makes it an ideal choice for anyone looking to make their daily commute simpler and less stressful. It comes with a 0.8-liter engine that produces 13 horsepower and 23 Nm of torque. The Bajaj Qute (RE60) also offers a stellar mileage of up to 35 kmpl. 

Here’s a table showing some of the key features of the Bajaj Qute (RE60): 

Feature/Parameter

Value

On-Road Price Range (₹)

4.10 - 4.50

Safety Rating

3

Engine Capacity

0.8L

Transmission Types

Manual

Fuel Range 

35 kmpl

Strom Motors R3

With electric vehicles becoming increasingly popular, we’d be remiss to not mention one on this list! The Strom Motors R3 is an electric quadricycle that’s sure to help you take on your daily commute in style. This vehicle has become famous for its eco-friendly credentials and low running costs. The car comes with a 3.7 kWh battery that provides a range of up to 80 kilometers. Moreover, you can charge your R3 from a regular, household socket. This makes the car an accessible EV option for many. 

Here’s a table showing some of the key features of the Strom Motors R3: 

Feature/Parameter

Value 

On-Road Price Range (₹)

5.00 - 5.50

Safety Rating

3

Engine Capacity

Electric

Transmission Types

Automatic

Fuel Range 

80 kilometers

Conclusion

The options for cars under ₹5 lakhs are limited since it is a constrained budget. Carefully consider your budget, availability of the car and your needs before selecting one from the above list. Always check the mileage range of the cars keeping the rising fuel prices in mind. When you buy any of these cars know that car insurance is mandatory as per the Motor Vehicles Act, 1988. You should never forget to renew the car insurance on time. Otherwise, you maybe imposed with penalties. A car insurance provides you legal protection as well as financial protection in case of any unforeseen emergencies involving the car. 

FAQs About the Top Cars Under ₹5 Lakhs

What are the best cars in India under ₹5 Lakhs?

Here are some of the best cars in the India under ₹5 Lakhs: 

  • Maruti Suzuki Alto K10

  • Renault Kwid

  • Maruti Suzuki S-Presso

  • Bajaj Qute (RE60)

  • Strom Motors R3

Yes, according to the Motor Vehicles Act, 1988, a third-party liability motor insurance plan is mandatory. While only a third-party liability plan is legally mandated, it’s recommended that you get a comprehensive car insurance plan to stay sufficiently protected on-road. This will not only help you stay financially secured in case of any unexpected events but also offer you immense peace of mind. You can explore a range of car insurance plans on the Bajaj Markets website and choose the right one for you! 

The Maruti Suzuki S-Presso offers a mileage of 24.44 kmpl. 

Yes, the Bajaj Qute (RE60) is a great buy! This is especially the case if you live in a city and commute during peak hours. The car is well-known for its compact size and easy maneuverability, this makes it can excellent choice for urban commuters. Additionally, the quadricycle also comes with an impressive mileage of mileage of up to 35 kmp. 

The Renault Kwid is an extremely popular hatchback in the affordable category. The car is quite stylish and comes with spacious interiors. Even though the car is priced under ₹5 Lakhs, it looks quite premium. If all of these features sound good to you, then you should definitely consider getting the Renault Kwid. Bear in mind that a third-party liability plan is legally mandated under the Motor Vehicles Act, 1988. So, if you do end up purchasing this car, make sure you get an insurance plan as well! You can explore a range of affordable motor insurance options on the Bajaj Markets app or website. 

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Hi! I’m Saptarshi Ghosh
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Saptarshi, a.k.a. Shoppy, is a marketing maven with over 10 years of experience solely in the financial domain. He has expertise in crafting engaging and user-friendly financial content, creating SEO-friendly articles, and blogs that help businesses connect with their target audience and achieve their marketing goals. Shoppy specializes in creating financial content that is informative, engaging, and immersive, without overwhelming readers with technical terms.

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