Cheapest Cars in India

  • Author :
  • TATA AIG Team
  • Published on :
  • 30/09/2021

Finding a car that fits your requirements without breaking the bank can be challenging. Fortunately, the Indian automobile market offers a diverse range of dependable and quality vehicles at affordable prices. Budget constraints need not dampen your dreams of owning a car. Say goodbye to the misconception that owning a car is out of reach for you. It's time to broaden your horizons and discover a range of vehicles that meet your requirements and fit comfortably within your budget.

So, if you're on a budget and searching for the best cheapest car in India, you've come to the right place! This blog will highlight some of the most popular and pocket-friendly options currently available in India. So, if you believe that owning a car is beyond your means, think again! Get ready to redefine what budget cars mean to you.

Car Variants and Prices

Car Model Ex-Showroom Price* in New Delhi (in ₹ )
Bajaj Qute ₹2.48 lakhs
Datsun Redi-GO ₹2.79 lakhs
Renault Kwid ₹2.92 lakhs
Maruti Suzuki Alto 800 ₹2.94 lakhs
Maruti S-Presso ₹4.27 lakhs
Maruti Eeco ₹4.90 lakhs
Maruti Suzuki Celerio ₹4.41 lakhs
Maruti Wagon R ₹4.45 lakhs
Tata Nano Electric ₹4.00 lakhs
Tata Tiago ₹4.60 lakhs

Ensure the Safety of Your Family Car with Tata AIG Car Insurance

While selecting the perfect car for yourself is crucial, it is equally important to prioritise the protection of your vehicle and yourself in the event of unforeseen accidents or unfortunate incidents on the road. That's where Tata AIG comes in, offering a comprehensive range of four-wheeler insurance policies to ensure peace of mind.

At Tata AIG, we understand the significance of finding the right car insurance coverage that suits your needs. Since we provide a wide selection of insurance options, you can compare car insurance plans to determine the best fit for you. Our goal is to empower you to make an informed decision, selecting the policy that provides the optimal level of protection.

Trust Tata AIG to be your partner in safeguarding your car and providing you with the peace of mind you deserve.

The Bottom Line

That wraps up our list of India's top 10 cheapest cars, designed to help you find a vehicle that fits your budget while meeting your family's travel requirements. However, remember that affordability should not be the sole determining factor. It is crucial to consider the car's features and specifications comprehensively to make the right choice.

Additionally, ensure that you buy car insurance promptly from Tata AIG to obtain optimal protection against unforeseen road accidents and mishaps. Drive confidently, knowing that you have made the right choices to safeguard yourself, your loved ones, and your valuable assets on the road.


How is the four-wheeler insurance premium calculated in India? :

Four-wheeler insurance premium calculation in India considers numerous factors to determine the appropriate cost for insuring a vehicle. These factors are:

  • The cost of the vehicle. Generally, a higher-priced car necessitates a higher premium, as the potential cost of repairs or replacement in the event of an accident is greater.

The engine capacity of the vehicle. Cars with larger engines tend to have higher premiums due to their increased power and potentially greater risk of accidents.

The location where the car is registered. For example, urban areas with higher population densities often witness more accidents and thefts.

The policyholder's driving history and experience. Insurance companies review the driver's record to assess their risk profile.

Moreover, the policyholder's age also comes into play when calculating the premium.

The use of the vehicle. Cars used for commercial purposes, such as taxis or delivery vehicles, often incur higher premiums than those used for personal use due to increased exposure to potential risks.

Which car insurance is mandatory in India?:

In India, it is a legal requirement for all car owners to have third-party liability insurance. This mandatory coverage ensures financial protection for third parties who may suffer injuries or property damage due to an accident involving your insured car. In such an incident, your insurance policy will compensate the affected third parties per the terms and limits specified in the policy.

What is the most budget-friendly or cheapest car in India?:

The Bajaj Qute stands out as the most economical car in India, with a starting price of just ₹3.60 lakhs. This budget-friendly option offers flexibility in fuel choices, as it is available in petrol and CNG variants. Moreover, the car features a manual transmission, ensuring a straightforward and cost-effective driving experience.

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Disclaimer / TnC

Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.

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