Best Cars Under ₹5 Lakh in India in 2023

Welcome to our blog centred around the best cars under ₹5 lakh in India in 2023, where we uncover the most affordable cars that capture the hearts of Indian car buyers. With a range of options available at such an attractive price point, these cars have become popular choices among budget-conscious consumers.

In a market where car price is a significant factor, finding the best cars under ₹5 lakh can be a game-changer for many. The cars on our list offer a perfect blend of practicality, fuel efficiency, and value for money, making them ideal for first-time car buyers.

With our comprehensive analysis, we'll walk you through the top contenders in this price range, showcasing the key features and factors that contribute to their widespread appeal. Get ready to explore a world of affordable automotive excellence that won't break the bank!

Model	Body Type	Fuel Type	Mileage	Ex-showroom Price	Used Car Price
Maruti Alto 800	Hatchback	CNG, Petrol	31.5 km/kg (CNG), 22.05 km/l (Petrol)	₹3.54 lakh onwards	₹2.86 lakh onwards
Maruti Alto K10	Hatchback	CNG, Petrol	33.85 km/kg (CNG), 24.9 km/l (Petrol)	₹3.99 lakh onwards	₹3 lakh onwards
Renault Kwid	Hatchback	Petrol	21.07 km/l (Petrol)	₹4.64 lakh onwards	₹3.92 lakh onwards
Maruti Suzuki S-Presso	Hatchback	Petrol, CNG	24.1 km/l (petrol manual), 25.3 km/l (petrol automatic), 32.73 km/kg (CNG)	₹4.25 lakh onwards	₹4 lakh onwards
Bajaj Qute (RE60)	Hatchback	CNG, Petrol	32.73km/kg (CNG), 21.7 km/l (Petrol)	₹3.61 lakh onwards	₹3 lakh onwards
PMV EaS E	Hatchback	Electric	Available in three range options – 120, 160, and 200 km	₹4.79 lakh onwards	₹4 lakh onwards
Strom Motors R3	Hatchback	Electric	200 km per charge	₹4.5 lakh onwards	₹4 lakh onwards

1. Maruti Alto 800

The Maruti Alto 800 is a popular and affordable hatchback that is loved by Indian car buyers. It comes with both a CNG and a Petrol variant that is perfect for daily use and is fuel-efficient. The car is powered by a 796 cc engine that produces 47 bhp of power and 69 Nm of torque. The Alto 800 CNG variant boasts a mileage of 31.5 km/kg (CNG) and 22.05 km/l (Petrol), making it one of the most fuel-efficient cars in its segment. 

The Alto 800 is equipped with features like AC, overspeed warning, 2 airbags, wireless Android Auto and Apple CarPlay, a 7-inch touchscreen, and Bluetooth connectivity. The car is perfect for small families and first-time car buyers who want an economical and reliable option.

Ex-showroom Price (Delhi): ₹3.54 lakh-₹5.13 lakh

Used Car Price: ₹2.86 lakhs onwards

Maruti Alto 800 Key Specifications

Key Specifications	Details
Maximum Power	47 bhp
Maximum Torque	69 Nm
Engine	796 cc
Transmission	5-speed Manual
Seating Capacity	5
Body Type	Hatchback
Fuel Type	CNG, Petrol
Mileage	31.5 km/kg (CNG), 22.05 km/l (Petrol)

Maruti Alto 800 Key Features

Key Features

2 Airbags

Overspeed warning

Bluetooth connectivity

Android Auto and Apple CarPlay

The 7-inch touchscreen infotainment system

What's Good:

• Affordable pricing and fuel-efficient engine
• Compact size and easy to park in tight spaces

What's Not Good:

• Basic safety features and limited comfort features
• Low power output and average driving experience

Check Out Our Collection Of Used Maruti Alto 800 Cars In India

2. Maruti Alto K10

The Maruti Alto K10 is an affordable, high-performance car that's perfect for those who want a budget-friendly option with excellent fuel efficiency. With its 998 cc engine, the Alto K10 delivers a smooth and powerful driving experience, making it an ideal car for daily commutes or long drives. It offers a seating capacity of 5 and comes in both manual and automatic transmission options for petrol, while it has a manual transmission for CNG. 

What's more, the car boasts an impressive mileage of 33.85 km/kg (CNG), which is a major plus point for budget-conscious buyers who want to save money on fuel costs. Overall, the Maruti Alto K10 is a reliable, fuel-efficient car that offers great value for money.

Ex-showroom Price (Delhi): ₹3.99 lakh onwards

Used Car Price: ₹3 lakh onwards 

Maruti Alto K10 Key Specifications

Key Specifications	Details
Maximum Power	65 bhp
Maximum Torque	89 Nm
Engine	998 cc
Transmission	5-speed Manual and Automatic
Seating Capacity	5
Body Type	Hatchback
Fuel Type	CNG, Petrol
Mileage	33.85 km/kg (CNG), 24.9 km/l (Petrol)

Maruti Alto K10 Key Features 

Key Features

ABS with EBD

Power windows front

Driver and passenger airbags

Android Auto and Apple CarPlay

The 7-inch touchscreen infotainment system

What's Good:

• Affordable pricing and fuel-efficient engine
• Compact size and easy to park in tight spaces

What's Not Good:

• Basic safety features and limited comfort features
• Low power output and average driving experience

Check Out Our Collection Of Used Maruti Alto K10 Cars In India

3. Renault Kwid

The Renault Kwid is a compact hatchback that offers much more than what's expected from an entry-level car. Despite its positioning in the market, the Kwid packs in a range of premium features that can compete with higher-priced models. Its ground clearance of 184 mm offers great practicality for uneven terrain and makes it a reliable ride across a spectrum of terrains. 

The car's 8-inch touchscreen infotainment system with Apple CarPlay and Android Auto compatibility, a digital instrument cluster, and LED daytime running lights provide a luxurious feel. Additionally, the Kwid offers two petrol engine options and a choice between a manual or an AMT gearbox. The Renault Kwid's versatility, style, and value for money make it an excellent choice for car buyers. 

Ex-showroom Price (Delhi): ₹4.64 lakh onwards

Used Car Price: ₹3.92 lakh onwards

Renault Kwid Key Specifications

Key Specifications	Details
Maximum Power	67 bhp @ 3,750 rpm
Maximum Torque	91 Nm @ 1,600-2,800 rpm
Engine	999 cc
Transmission	5-speed Manual and AMT
Body Type	Hatchback
Fuel Type	Petrol
Mileage	21.07 km/l (Petrol)

Renault Kwid Key Features

Key Features

Power steering

Power windows front

Anti-lock braking system

Multi-function steering wheel

Driver and passenger airbags

What's Good:

• Attractive exterior design
• High ground clearance for better ride quality on rough roads

What's Not Good:

• Average safety features
• Limited rear seat space

Check Out Our Collection Of Used Renault Kwid Cars In India

4. Maruti Suzuki S-Presso

The Maruti Suzuki S-Presso is an affordable and efficient car that packs a punch. With its 1L engine, this car delivers adequate performance while keeping fuel consumption in check. Whether you choose petrol or CNG, the S-Presso offers excellent mileage of 24 km/l and 32 km/kg respectively. With maximum power of 65 bhp and maximum torque of 89 Nm, this car ensures a smooth drive. 

The S-Presso is available with a 5-speed manual or automatic transmission, allowing you to choose your preferred driving style. Experience the perfect blend of affordability, efficiency, and performance with the Maruti Suzuki S-Presso.

Ex-showroom Price (Delhi): ₹4.25 lakh onwards

Used Car Price: ₹4 lakh onwards

Maruti Suzuki S Presso Key Specifications

Engine	1L
Mileage	24 km/l (petrol), 32km/kg (CNG)
Fuel type	Petrol, CNG
Max power	65 bhp, 55 bhp (CNG)
Max torque	89 Nm, 82 Nm (CNG)
Transmission	5-speed manual/automatic
Seating capacity	5

Maruti Suzuki S Presso Key Features

2 airbags

Power Windows

Android Auto

Apple CarPlay

The 7-inch touchscreen infotainment system

What’s Good:

• Spacious cabin
• After Sales support
• Reliable engine

What’s Not Good:

• Lack of safety features

Check Out Our Collection Of Used Maruti S Presso Cars In India

5. Bajaj Qute (RE60)

The Bajaj Qute, also known as the RE60, is a compact hatchback designed and manufactured by Indian automaker Bajaj Auto. It is a unique vehicle that is classified as a quadricycle and can seat up to four passengers. The car is available in both petrol and CNG fuel options.

Under the hood, the Bajaj Qute is powered by a 216cc, liquid-cooled, DTS-i engine that delivers a maximum power of 10.8 bhp and a maximum torque of 16.1 Nm. The engine is paired with a 5-speed manual transmission that provides a smooth driving experience. One of the most significant advantages of the Bajaj Qute is its fuel efficiency. The CNG variant of the car delivers an impressive mileage of 32.73 km/kg, while the petrol variant provides a mileage of 2.17 km/l.

Ex-showroom Price (Delhi): ₹3.61 lakh onwards

Used Car Price: ₹3 lakh onwards 

Bajaj Qute (RE60) Key Specifications

Key Specifications	Details
Maximum Power	10.8 bhp
Maximum Torque	16.1 Nm
Engine	216 cc
Transmission	5-speed Manual
Seating Capacity	4
Body Type	Hatchback
Fuel Type	CNG, Petrol
Mileage	32.73 km/kg (CNG), 2.17 km/l (Petrol)

Bajaj Qute (RE60) Key Features

Key Features

Vanity mirror

Low Fuel Warning Light

Accessory Power Outlet

Height Adjustable Driver Seat

Petrol and CNG variants are available

What's Good:

• Excellent fuel efficiency with up to 32.73 km/kg on CNG, making it an eco-friendly option
• Compact size and easy manoeuvrability, making it a convenient car for city driving and parking

What's Not Good:

• The low power output of only 10.8 bhp, makes it less suitable for long journeys or high-speed driving
• Limited seating capacity of only 4 people

6. PMV EaS E

If you're looking for an affordable electric vehicle that boasts an impressive range and a sleek design, look no further than the PMV EaS E! With a starting price of just ₹4.79 lakh (ex-showroom), this electric vehicle offers excellent value for drivers who are looking to go green on a budget.

Under the hood, the PMV EaS E packs a punch with its magnet synchronous motor that delivers a maximum power of 13 bhp and maximum torque of 50 Nm. This electric vehicle comes with an automatic transmission, which makes it easy to handle and perfect for city driving.

The PMV EaS E can accommodate up to two passengers and features a dual-tone interior, digital instrument cluster, touchscreen infotainment, cruise control, and Bluetooth. Whether you're cruising down the highway or running errands around town, this electric vehicle offers all the comforts and conveniences you need to make your ride as enjoyable as possible.

In terms of range, the PMV EaS E is available in three options – 120, 160, and 200 km. This means you can choose the range that best fits your needs and budget. With its long-lasting battery, you can drive for hours without worrying about running out of power.

Ex-showroom Price (Delhi):  ₹4.79 lakh onwards

Used Car Price: 

PMV EaS E Key Specifications

Key Specifications	Details
Maximum Power	13 bhp
Maximum Torque	50 Nm
Engine	Magnet synchronous motor
Transmission	Manual
Seating Capacity	2
Body Type	Hatchback
Fuel Type	Electric
Mileage	Available in three range options – 120, 160, and 200 km

PMV EaS E Key Features

Key Features

Bluetooth Connectivity

Low Fuel Warning Light

Dual-tone Interior

Touchscreen Infotainment System

Digital Instrument Cluster

What's Good:

• Different driving range options — 120, 160, and 200 km on a single charge
• Compact size making it suitable for city driving

What's Not Good:

• The low power output of only 13 bhp makes it less suitable for long journeys
• Limited seating capacity of only up to 2 people

7. Strom Motors R3

The Strom Motors R3 is a stylish mix of futuristic technology with necessary practicality. With an ex-showroom price of ₹4.50 lakh in Delhi, this electric vehicle offers incredible value for money without sacrificing performance. The R3 delivers a maximum power of 20 bhp and a maximum torque of 90 Nm. This electric vehicle comes with an automatic transmission, making it easy to handle and perfect for city driving. With a range of 200 km, you can drive with confidence knowing that you won't run out of power.

The Strom Motors R3 can accommodate up to two passengers and boasts a spacious 300-litre boot, providing ample storage space for all your essentials. This electric vehicle also comes equipped with a range of features, including a navigation system, two drive modes, keyless entry, and air conditioning, ensuring that you can travel in comfort and style.

One of the standout features of the Strom Motors R3 is its unique design. With its retro-inspired styling and sleek lines, this electric vehicle is sure to turn heads wherever you go. The R3's compact size also makes it ideal for navigating busy city streets and parking in tight spots.

Ex-showroom Price (Delhi): ₹4.50 lakh onwards 

Used Car Price: ₹4 lakh onwards

Strom Motors R3 Key Specifications

Key Specifications	Details
Maximum Power	20 bhp
Maximum Torque	90 Nm
Engine	Electric Motor
Transmission	Manual
Seating Capacity	2
Body Type	Hatchback
Fuel Type	Electric
Mileage	200 km per charge

Strom Motors R3 Key Features

Key Features

Air-conditioning

Keyless Entry

300-litre Boot

Navigation System

Two Drive Modes

What's Good:

• Driving range of 200 km on a single charge
• 300-litre boot space

What's Not Good:

• The low power output of only 20 bhp makes it less suitable for long journeys
• Limited seating capacity of only up to 2 people

The Bottom Line 

In the diverse and competitive Indian automotive market, the quest for the best cars under ₹5 lakh has never been more exciting. The Maruti Alto 800 and Alto K10 lead the pack, offering impressive mileage and cost-effective fuel options, making them ideal choices for everyday commuting.

For those seeking more variety, the Renault Kwid and Maruti Suzuki S-Presso stand out with their reliable petrol engines, delivering a fine balance of performance and efficiency. Additionally, the Bajaj Qute (RE60) offers a unique blend of CNG and petrol options, catering to eco-conscious consumers.

Embracing sustainability, electric cars options like the PMV EaS E and Strom Motors R3 redefine eco-friendly motoring without compromising on convenience. With their reasonable ex-showroom prices and accessible used car prices, these hatchbacks present an enticing lineup of affordable and practical choices for Indian car buyers in 2023.

FAQs

Q.  Which are the latest cars under ₹5 lakhs in India?

Some of the latest cars under ₹5 lakhs in India include the Maruti Alto 800, Maruti Alto K10, Renault Kwid, Maruti Suzuki S-Presso, Bajaj Qute (RE60), PMV EaS E, Strom Motors R3, offering a variety of options for budget-conscious buyers.

Q. Which is the cheapest car under ₹5 lakhs?

The Bajaj Qute (RE60) stands out as the cheapest car under ₹5 lakhs, providing an economical option for those seeking affordable four-wheeler transportation.

Q. Which are the best mileage cars under ₹5 lakhs in India?

Among the best mileage cars in this price range are the Maruti Alto 800 with a mileage of 31.5 km/kg (CNG) and 22.05 km/l (Petrol) and the Maruti Alto K10 with a mileage of 33.85 km/kg (CNG) and 24.9 km/l (Petrol).

Q. What is the average mileage of cars under ₹5 lakhs?

The average mileage of cars under ₹5 lakhs ranges from around 21 km/l to 33.85 km/kg for CNG variants, providing cost-effective and fuel-efficient options.

Q. Is it possible to get a car with safety features under ₹5 lakhs?

While some cars in this price range may offer basic safety features, it may be challenging to find extensive safety features in cars under ₹5 lakhs. Buyers should prioritise safety and opt for models that come with essential safety features like airbags and ABS if available.