Planning to buy a car under 5 lakh? These are your options

  • Maruti Suzuki and Renault have their respective cars on offer under the 5 lakh price slab in India.
Maruti Suzuki dominates the entry-level car segment with multiple offerings.
Maruti Suzuki dominates the entry-level car segment with multiple offerings.

Despite India's new-age car buyers showing increased preference towards premium offerings, the market is still dominated by affordable entry-level models. Maruti Suzuki is at the forefront of the tide with its affordable models. Being a budget-sensitive market, India witnesses a huge demand for these entry-level cars, not only from first-time buyers but from repeat customers as well.

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When buying a new personal car, budget-conscious customers often search with the keyword, ‘cars under 5 lakh’. If you also are one of the budget-sensitive customers and looking for a practical and value-for-money personal car for regular commuting, here are your best options under 5 lakh price slab.

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Maruti Suzuki Alto K10 (HT Auto photo)
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₹ 3.99 - 5.96 Lakhs
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Maruti Suzuki S-presso (HT Auto photo)
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₹ 4.25 - 5.99 Lakhs
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Renault Kwid (HT Auto photo)
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₹ 4.70 - 6.45 Lakhs
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Hyundai Creta (HT Auto photo)
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₹ 11 - 20.15 Lakhs
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Tata Punch (HT Auto photo)
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Maruti Suzuki Alto

Indomitably the bestselling car in India, Maruti Suzuki Alto, is a small hatchback that is well-suited for regular commuting, ensuring a value-for-money. The small hatchback is powered by an 800 cc frugal petrol engine capable of churning 47.3 bhp of peak power and 63 Nm of maximum torque. Priced from 3.39 lakh (ex-showroom), the Maruti Suzuki Alto claims to return 22.5 kmpl fuel efficiency. The Alto is very popular among first-time private buyers and repeat customers, as well as among fleet operators also.

Maruti Suzuki Alto K10

Maruti Suzuki Alto K10 is the bigger sibling of the 800 cc engine-powered Alto, and it comes energized by a slightly bigger 1.0-litre petrol engine. The Alto K10 comes at a starting price tag of 3.99 lakh (ex-showroom). Besides the practical petrol version, the car is available in the CNG option as well, enhancing its value-for-money appeal to customers who are worried about the vehicle's operational costs.

Maruti Suzuki S-Presso

Maruti Suzuki S-Presso can be dubbed as a micro SUV, with its boxy and upright stance. The car is small and compact, fitting perfectly for congested city traffics, ensuring easy movability, a small turning radius and requiring a small parking space. Priced from 4.25 lakh (ex-showroom), the Maruti Suzuki S-Presso comes powered by the same 1.0-litre K10 power mill that works under the Alto K10's hood.

Renault Kwid

Breaking the Maruti Suzuki monopoly in the sub- 5 lakh segment is the Renault Kwid. This small hatchback from the French automaker became the company's bestselling model in India since its inception in 2015. The stylish and eye-catching design, along with a host of upmarket features like a fully digital instrument cluster, AMT have upped its appeal. Priced from 4.64 lakh (ex-showroom), Kwid is a practical and affordable car for new buyers. It is available in both 800 cc and 1.0-litre engine options.

First Published Date: 15 Dec 2022, 11:40 AM IST
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