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Looking for Budget Friendly Car in 2021? Here're Top 6 Cars Under 5 Lakh

Updated on October 17, 2021 , 14170 views

Have you been dreaming of getting a car? Then here’s something that will meet your budget easily. Middle-class car buyers can find some of the best cars that have better mileage, engine capacity, torque, etc. In case, if you don’t have a lump sum amount, then you can first start saving funds via a SIP to buy your desired car. SIP is one of the best ways to invest in Mutual Funds and fulfil your Financial goals. The best part about SIP is, you can start Investing with just Rs. 500! Isn’t it great!

But, first, let’s check the best cars under Rs. 5 lakh.

Budget Friendly Cars below Rs. 5,00,000

1. Maruti Suzuki Alto- Starts Rs. 3.00 lakh (Mumbai)

Maruti Suzuki Alto has a high demand in the market because it is a perfect family car that will come right in your budget. The fuel Economy of the car is 31.49km per kg, it comes in two variants LXi and LXi S-CNG, which costs around 4.33 lakh to 4.36 lakh respectively.

Maruti Alto price Maruti Alto Colours

The power of ALto is 796cc, 3-cylinder engine which makes 47PS/69Nm of torque.

Good Features

  • Reverse Parking Sensor
  • Driver Airbag
  • Speed Alert
  • ABS

Maruti Suzuki Alto Variants & Price

Maruti Suzuki Alto variants start from Rs. 2.94 lakh and goes upto Rs. 4.36 lakh.

Check the following variants and prices below:

Variant Price
Maruti Suzuki Alto 800 STD Rs. 2.95 lakh
Maruti Suzuki Alto 800 STD Opt Rs. 3.00 lakh
Maruti Suzuki Alto 800 LXI Rs. 3.53 lakh
Maruti Suzuki Alto 800 LXI Opt Rs. 3.57 lakh
Maruti Suzuki Alto 800 VXI Rs. 3.76 lakh
Maruti Suzuki Alto 800 VXI plus Rs. 3.90 lakh
Maruti Suzuki Alto 800 LXI S-CNG Rs. 4.33 lakh
Maruti Suzuki Alto 800 LXI Opt S-CNG Rs.4.36 lakh

Maruti Suzuki Alto Price in Major Cities

Maruti Suzuki Alto is the most selling car, and its price differs as per the city.

Check the ex-showroom price of Alto in the major cities:

Cities Ex-Showroom Price
Delhi Rs. 2.95 lakh onwards
Mumbai Rs. 3.00 lakh onwards
Bangalore Rs. 3.00 lakh onwards
Hyderabad Rs. 3.00 lakh onwards
Chennai Rs. 3.00 lakh onwards
Kolkata Rs. 3.00 lakh onwards
Pune Rs. 3.00 lakh onwards
Ahmedabad Rs. 3.04 lakh onwards
Lucknow Rs. 3.00 lakh onwards
Jaipur Rs. 3.00 lakh onwards

2. Renault Kwid - Starts Rs. 3.02 lakh (Mumbai)

Renault Kwid is an SUV inspired styling, digital car which has an infotainment system. It is one of the best hatchback cars. The car comes with two petrol engine options- the larger engine has AMT (Automatic Transmission System).

Renault Kwid Colours

The Renault has a sporty, trendy look, which comes with a climber edition with bolder colours. The Kwid has good space with the 270-litre boot and 0.8-litre petrol offers average performance.

Good Features

  • ABSDriver Airbag
  • Passenger Airbag
  • Power windows

Variants of Renault Kwid

Renault Kwid variants start from Rs. 2.92 lakh and goes upto Rs. 5.01 lakh.

Pricing of the car variant are as follow:

Variant Price
Renault Kwid STD Rs. 2.92 lakh
Renault Kwid RXE Rs. 3.62 lakh
Renault Kwid RXL Rs. 3.92 lakh
Renault Kwid RXT Rs. 4.22 lakh
Renault Kwid 1.0 RXT Rs. 4.42 lakh
Renault Kwid 1.0 RXT Opt Rs. 4.50 lakh
Renault Kwid Climber 1.0 MT Rs. 4.63 lakh
Renault Kwid 1.0 MT Opt Rs. 4.71 lakh
Renault Kwid 1.0 RXT AMT Rs. 4.72 lakh
Renault Kwid 1.0 RXT AMT Opt Rs. 4.80 lakh
Renault Kwid Climber 1.0 AMT Rs. 4.93 lakh
Renault Kwid limber 1.0 AMT Opt Rs. 5.01 lakh

Renault Kwid Prices in Major Cities

Renault Kwid is a good budget car that comes under Rs. 5 lakh.

Check the ex-showroom prices of other states in India:

Cities Ex-Showroom Price
Mumbai Rs. 3.02 onwards
Delhi Rs. 2.92 onwards
Bangalore Rs. 3.02 onwards
Chennai Rs. 3.02 onwards
Hyderabad Rs. 3.02 onwards
Pune Rs. 3.02 onwards
Kolkata Rs. 3.02 onwards
Lucknow Rs. 3.10 onwards
Jaipur Rs. 3.02 onwards

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3. Maruti S-Presso - Starts Rs. 3.02 lakh (Mumbai)

Maruti Suzuki S- Presso is one of the highly anticipated mini car cross hatchback cars. The S-presso has its own styling elements with a round central console, speedometer and infotainment systems.

Maruti S-Presso Maruti S-presso colours

S- Presso is 3565mm long and 1520mm wide with a wheelbase of 2380mm long with BS6 complaint. It has a 1.0-litre engine with a 5-speed manual and AMT options. S-Presso has different variants and stands at 21.4kmpl.

Good Features

  • Power Steering
  • Power Windows
  • Child Locking
  • Driver Airbags
  • Adjustable Headlamps
  • Gear Shift Indicator

Maruti S- Presso Variants

The SUV look vehicle has a total of 6 variants from low end to top-end pricing starts from Rs. 3.71 lakh to Rs. 4.39 lakh.

Check the starting price of Maruti S-Presso variants:

Variants Price
Maruti S-Presso STD Rs. 3.71 lakh
Maruti S-Presso STD Opt Rs. 3.77 lakh
Maruti S-Presso LXI Rs. 4.09 lakh
Maruti S-Presso LXI Opt Rs. 4.15 lakh
Maruti S-Presso VXI Rs. 4.33 lakh
Maruti S-Presso VXI Opt Rs. 4.39 lakh
Maruti S-Presso LXI CNG Rs. 4.55 lakh
Maruti S-Presso LXI Opt CNG Rs. 4.61 lakh
Maruti S- Presso VXI AT Rs. 4.76 lakh
Maruti S-Presso VXI Opt AT Rs. 4.82 lakh
Maruti S-Presso VXI Plus AT Rs. 4.99 lakh

Maruti S-Presso in Major Cities

Maruti S-Presso is for the SUV lovers on a low budget.

Look at the following ex-showroom price in other cities:

City Ex-Showroom Price
Mumbai Rs. 3.71 lakh onwards
Delhi Rs. 3.71 lakh onwards
Bangalore Rs. 3.71 lakh onwards
Hyderabad Rs. 3.71 lakh onwards
Chennai Rs. 3.71 lakh onwards
Kolkata Rs. 3.71 lakh onwards
Pune Rs. 3.71 lakh onwards
Ahmedabad Rs. 3.71 lakh onwards
Lucknow Rs. 3.71 lakh onwards
Jaipur Rs. 3.70 lakh onwards

4. Maruti Wagon R - Starts Rs. 4.51 lakh (Mumbai)

Maruti Suzuki Wagon R has launched the BS6 Wagon R S- CNG in India. There are other variants of the car LXI CNG and LXI (O) CNG. The Wagon R has a fuel economy of 32.52km per kg. It has 1.0-litre powertrain to BS6 and it develops 68PS of power and 90NM of torque.

Maruti Wagon R Wagon R colours

Wagon R comes with two options 1.0 litre with a three-cylinder engine and the other is 1.2 litre with four-cylinder. Both the engines have a manual gearbox as well as an AMT.

Good Features

  • 2 Cylinder options
  • Driver & Passenger Airbags
  • ABS
  • Central Locking

Maruti Wagon R Car Variants & Prices

Wagon R variants are available from Rs. 4.46 lakh to Rs. 5.21 lakh.

Check the variants and prices of Wagon R:

Variants Price
Wagon R LXI Rs. 4.46 lakh
Wagon R LXI Opt Rs. 4.53 lakh
Wagon R VXI Rs. 4.91 lakh
Wagon R VXI Opt Rs. 4.98 lakh
Wagon R VXI 1.2 Rs. 5.14 lakh
Wagon R VXI Opt 1.2 Rs. 5.21 lakh
Wagon R CNG LXI Rs. 5.25 lakh
Wagon R CNG LXI Opt Rs. 5.32 lakh
Wagon R VXI AMT Rs. 5.38 lakh
Wagon R VXI AMt Opt Rs. 5.45 lakh
Wagon R ZXI 1.2 Rs. 5.48 lakh
Wagon R VXI AMT 1.2 Rs. 5.61 lakh
Wagon R VXI AMT Opt 1.2 Rs. 5.68 lakh
Wagon R ZXI AMT 1.2 Rs. 5.95 lakh

Maruti Wagon R Price in Major Cities

Wagon R is an affordable car for the family and it gives low maintenance.

Check the latest ex-showroom prices of Wagon R in major cities:

Cities Ex-showroom Price
Mumbai Rs. 4.51 lakh onwards
Delhi Rs. 4.50 lakh onwards
Bangalore Rs. 4.51 lakh onwards
Hyderabad Rs. 4.51 lakh onwards
Chennai Rs. 4.51 lakh onwards
Kolkata Rs. 4.51 lakh onwards
Pune Rs. 4.51 lakh onwards
Ahmedabad Rs. 4.51 lakh onwards
Lucknow Rs. 4.51 lakh onwards
Jaipur Rs. 4.50 lakh onwards

5. Tata Tiago - Starts Rs. 4.60 lakh (Mumbai)

Tata Tiago has got amazing reviews for its overall performance, along with 4 stars for safety. It makes it one of the safest cars in the budget of 5 lakh. It has a 1.2-litre petrol engine with the cosmetic updates which has a similar design to Tata Altroz.

Tata Tiago Tata Tiago colours

Tata Tiago car comes with dual airbags, ABS, EBD and front seatbelt.

Good Features

  • Driver & Passenger Airbags
  • Central Locking
  • Automatic Transmission
  • Power Windows

Tata Tiago Variants

Tata Tiago is available in different variants the prices may vary starting from Rs. 4.6 lakh and goes upto Rs. 6.6 lakh.

Check all the variants and prices of automatic and manual:

Variants Price
Tata Tiago XE Rs. 4.60 lakh
Tata Tiago XT Rs. 5.20 lakh
Tata Tiago XZ Rs. 5.70 lakh
Tata Tiago XZ Plus Rs. 5.99 lakh
Tata Tiago AZ Plus Dual Tone Roof Rs. 6.10 lakh
Tata Tiago XZA AMT Rs. 6.20 lakh
Tata Tiago XZA Plus AMT Rs. 6.49 lakh
Tata Tiago XZA Plus Dual Tone Roof AMT Rs. 6.60 lakh
Tata Tiago XZA AMT Rs. 6.20 lakh
Tata Tiago Plus AMT Rs. 6.49 lakh
Tata Tiago Plus Dual Tone Roof AMT Rs. 6.60 lakh

Tata Tiago Price in Major Cities

Tata Tiago prices are different in every other city.

Check the following ex-showroom prices of Tata Tiago in major cities:

Cities Ex-Showroom Price
Mumbai Rs. 4.60 lakh onwards
Delhi Rs. 4.60 lakh onwards
Bangalore Rs. 4.60 lakh onwards
Hyderabad Rs. 4.60 lakh onwards
Chennai Rs. 4.60 lakh onwards
Kolkata Rs. 4.60 lakh onwards
Pune Rs. 4.60 lakh onwards
Ahmedabad Rs. 4.60 lakh onwards
Lucknow Rs. 4.60 lakh onwards
Jaipur Rs. 4.60 lakh onwards

6. Maruti Celerio - Starts Rs. 4.46 lakh (Mumbai)

Maruti Celerio has come with BS6 compliant, it has 1.0 litre three-cylinder petrol engine. The car has 68 PS and 90Nm torque with 998 cc and 3 cylinder petrol/CNG. Celerio car has 5-speed manual and 5-speed automated manual transmission (AMT).

Maruti Celerio Maruti Celerio colours

The best part is you can go for both the options - petrol as well as CNG. Maruti Celerio is a perfect family car.

Good Features

  • ABS
  • Power Steering
  • Driver/ Passenger Airbag
  • Wheel Cover
  • Power Windows

Maruti Celerio Variants & Price

Check out some of the best variants of Maruti Celerio.

The prices of every variant vary from each other:

Variants Price
Maruti Celerio LXI Rs. 4.46 lakh
Maruti Celerio LXI optional Rs. 4.54 lakh
Maruti Celerio VXI Rs. 4.85 lakh
Maruti Celerio VXI Optional Rs. 4.92 lakh
Maruti Celerio ZXI Rs. 5.08 lakh
Maruti Celerio VXI AMT Rs. 5.28 lakh
Maruti Celerio VXI AMT Optional Rs. 5.35 lakh
Maruti Celerio VXI CNG Rs. 5.40 lakh
Maruti Celerio VXI CNG Optional Rs. 5.48 lakh
Maruti Celerio ZXI Optional Rs. 5.51 lakh
Maruti Celerio ZXI AMT Rs. 5.53 lakh
Maruti Celerio ZXI AMT Optional Rs. 5.63 lakh

Maruti Celerio Price in Major Cities

Maruti Celerio is affordable and an ideal family car the prices are different in every city.

Check the following prices of Maruti Celerio in major cities:

Cities Ex-Showroom Price
Delhi Rs. 4.41 lakh onwards
Mumbai Rs. 4.46 lakh onwards
Bangalore Rs. 4.46 lakh onwards
Chennai Rs. 4.46 lakh onwards
Hyderabad Rs. 4.46 lakh onwards
Kolkata Rs. 4.46 lakh onwards
Pune Rs. 4.46 lakh onwards
Ahmedabad Rs. 4.46 lakh onwards
Lucknow Rs. 4.46 lakh onwards
jaipur Rs. 4.46 lakh onwards

Prices Source: Zigwheels

Speed-up your Savings to Ride your Dream Car

If you are planning to buy a car or planning to fulfil a certain goal, then a sip calculator will help you to calculate the amount you need to invest.

SIP calculator is a tool for investors to determine the expected return of the SIP investment. With the help of a SIP calculator, one can calculate the amount of investment and time period of investing requires to reach one's financial goal.

Know Your SIP Returns

My Monthly Investment:
Investment Tenure:
Expected Annual Returns:
Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Invest Now

All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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