
Amid rising inflation and stagnant salaries, purchasing a car remains an elusive dream for low-income individuals in India.
Following GST reforms, car prices have decreased, making affordable options accessible for low-income families looking to purchase vehicles.
A list of the most affordable cars currently available in the market has been released, highlighting low prices and everyday utility.
Easy Finance offers low-down payment options for cars with affordable EMI plans to suit your budget. Check out the available list on Hyundai's official website.
The Maruti Celerio is priced at ₹4.70 lakh, featuring a 1.0-litre petrol engine offering 25 km/l and a CNG model providing 34 km/kg mileage.
The on-road price of the Maruti Suzuki Selerio in Delhi is approximately ₹5.15 lakh, with an EMI of about ₹8,700 after a ₹1 lakh down payment.
Tata Tiago priced at ₹4.57 lakh offers a 1.2-liter petrol engine with 19 kmpl mileage and CNG model achieving 28-29 km/kg efficiency.
The base model of Tata Tiago is priced at approximately ₹5.11 lakh in Delhi. With a ₹1 lakh down payment, the estimated EMI will be around ₹8,500.
The Renault Kwid, priced at ₹4.30 lakh, features a 1.0-liter petrol engine and offers a mileage of 21-22 km/l, popular for its SUV-style design.
The Renault Kwid's on-road price is approximately ₹4.70 lakh, with an EMI of around ₹8,000 after a down payment of ₹1 lakh.
The Maruti Alto features a 1.0-liter petrol engine priced at ₹3.70 lakh, delivering 24-25 kmpl mileage in petrol and 33-34 km/kg in CNG models.
In Delhi, the on-road price of Alto is approximately ₹4.08 lakh. With a ₹1 lakh down payment, the loan amount will be ₹3.08 lakh, resulting in an EMI of ₹6,000-7,000.
Maruti S-Presso priced at ₹3.50 lakh offers a 1.0-litre petrol engine, delivering 24 km/l and 32 km/kg in its CNG variant.
The on-road price of the S-Presso is approximately ₹3.87 lakh, with a loan amount of ₹2.87 lakh leading to an estimated EMI of ₹6,000-7,000.
Disclaimer: An online EMI calculator was utilized with a loan tenure of 5 years and an interest rate of 9.8%. Final EMI and pricing may vary.