List of Cheapest Luxury Cars in India 2023

  • Author :
  • TATA AIG Team
  • Published on :
  • 26/10/2023

Owning a luxury car in India is a dream of many Indians. However, luxury cars often come with a high price tag. But exclusivity is the thing why people go for luxury cars. There are a wide variety of luxury car options in India, seeing the craze of car enthusiasts. Some luxury cars of renowned brands can be worth crores of rupees.

If you wish to buy a luxury car that ranges between ₹30 to ₹50 lakhs, there are multiple options for Indian buyers. However, no matter what car you own, luxury or regular, having a car insurance policy is necessary to protect your vehicle from unforeseen circumstances. Here in this blog, we will discuss the cheapest luxury car price in India.

List of Most Affordable Luxury Cars in India

There are many entry-level luxury cars available in the Indian market that don't put a burden on an individual's pocket if they wish to buy them. Below is the list of lowest price premium cars in India if you have a budget between ₹30 to ₹60 lakhs.

MG Gloster

The first affordable luxury car in India is the MG Gloster that gives more than one reason for car enthusiasts to adore this car. The one thing which distinguishes MG Gloster from other luxury cars is its sporty look. Not just this, the car is equipped with a twin-turbo diesel engine that offers top-notch performance. The luxury car has enough cabin space to seat at least 6 to 7 individuals. Coming to the security measures, the car has 6 airbags.

Features Specifications Price
Engine Displacement 1996 cc ₹38.80 - 43.87 Lakh
Fuel Tank Capacity 75 L
Max Power  212.55bhp@4000rpm
Max Torque 478.5Nm@1500-2400rpm
TransmissionType Automatic

Toyota Camry

Another in the list of lowest-priced premium cars in India is the Toyota Camry, is a luxury sedan with a separate base audience in the Indian automotive market. It comes with a 2.5-litre petrol + electric motor engine that performs well. The mileage of the Toyota Camry is 19.1 km/l. It is a luxury car with the latest safety precautions, such as a pre-collision system, dynamic radar cruise control and more. The car has 9 airbags and a seating capacity of 5.

Features Specifications Price
Engine Displacement 2487 cc ₹46.17 Lakh
Fuel Tank Capacity 50 L
Max Power 175.67bhp@5700rpm
Max Torque  221Nm@3600to5200rpm
TransmissionType Automatic

Skoda Superb

In the list of cheapest luxury car prices in India, next we have the Skoda Superb is a sedan with a 2.0-litre turbo-petrol engine to offer unmatchable performance on the road. It can be a great addition to those who are looking for a premium sedan in a modest price range. The car has a 7-speed dual-clutch transmission and a mileage of 15.1 km/l. The car has a seating capacity of 5 people with premium cabin space. The car only comes with a petrol variant.

Features Specifications Price
Engine Displacement  1984 cc ₹32 - 37.29 Lakh
Fuel Tank Capacity 66 L
Max Power 187.74bhp@4200-6000rpm
Max Torque 320Nm@1450-4200rpm
TransmissionType Automatic

Audi A4

Next, we have Audi A4's other cheapest luxury car in India, which is a premium sedan car that has a quality interior. The car has a 2.0-litre turbo-petrol engine with a 7-speed DCT transmission that offers a quality ride. The mileage of Audi A4 is 17.4 km/l. The seating capacity of this premium car is 5. However, the features of cars that are drawing attention are tech-laden, Good NVH, etc.

Features Specifications Price
Engine Displacement  1998 cc ₹43.85 - 51.85 Lakh
Fuel Tank Capacity 54 L
Max Power 187.74bhp@4200-6000rpm
Max Torque 320Nm@1450–4200rpm
TransmissionType Automatic

Mercedes-Benz GLA

Mercedes Benz GLA is a sports SUV car from the German car makers to please the crowd of India. No doubt, Mercedes Benz is the gold standard of luxury cars. But with its Mercedes SUV, it is creating a separate fan base. The car comes with 1.4-litre turbo petrol and 2.0-litre diesel engine variants. This SUV offers enough cabin space with a seating capacity of 5. The features distinguishing Mercedes-Benz GLA from other premium cars are premium interiors, easy drive, etc

Features Specifications Price
Engine Displacement  1991 cc ₹48.50 - 52.70 Lakh
Fuel Tank Capacity 43 to 51 L
Max Power 301.73bhp@5800rpm
Max Torque 400nm@3000-4000rpm
TransmissionType Automatic

BMW X1

BMW X1 is an SUV car that has top-notch performance and agile handling. It comes up with a 2.0-litre turbo-petrol and a 2.0-litre diesel engine. Further, this SUV car type has a 7-speed DCT and 8-speed automatic transmission. With its best-in-class dynamics and safety features like standard lane-departure, tire-pressure monitoring, etc. The car is a good choice in the small luxury SUV segment.

Features Specifications Price
Engine Displacement  1995 cc ₹45.90 - 51.60 Lakh
Fuel Tank Capacity 51 L
Max Power 147.51bhp@3750-4000rpm
Max Torque 360Nm@1500–2500rpm
TransmissionType Automatic

Audi Q3

Another luxury car from Audi is the Audi Q3, which is different from other SUVs in terms of styling. There is no denying the fact that this car is the biggest contender in the entry-level luxury SUV list. The car has a 2.0-litre turbo-petrol and a 7-speed DCT transmission. Further, the car comes up with a mileage of 14.93 km/l. The car has a premium interior and comfortable cabin.

Features Specifications Price
Engine Displacement  1984 cc ₹46.27 - 51.94 Lakh
Fuel Tank Capacity 62 L
Max Power 187.74bhp@4200-6000rpm
Max Torque 320Nm@1500-4100rpm
TransmissionType Automatic

Volvo XC 40

Volvo XC40 is another premium luxury car in India. It is a SUV car type that is famous for delivering an experience different from other cars in this price range because of its premium interior, features and materials. The car has a 2.0-litre turbo petrol + mild-hybrid engine and an 8-speed automatic transmission. With its safety features like pilot assist, collision avoidance and more, it is winning hearts. The car offers seating capacity of 5 people.

Features Specifications Price
Engine Displacement  1969 cc ₹46.40 Lakh
Fuel Tank Capacity 54 L
Max Power 197bhp
Max Torque 300 Nm
TransmissionType Automatic

**BMW 3 Series**

BMW satisfies its customers in India. With its BMW 3 Series, the car makers are setting an impression. This luxury sedan has both petrol and diesel engine variants. The diesel car has a 2.0-litre diesel engine, while the petrol variant has a 2.0-litre turbo-petrol engine. However, both variants have a transmission of 8-speed automatic. It should be on your list if you are looking for a car with good driving pleasure.

Features Specifications Price
Engine Displacement  2998 cc ₹71.50 Lakh
Fuel Tank Capacity 59 L
Max Power 368.78bhp@5500-6500rpm
Max Torque 500Nm@1900-5000rpm
TransmissionType Automatic

Mini Cooper

Lastly, we have Mini Cooper, the living proof that good things come in all shapes and sizes. Its expressive exterior is a dominating factor. While the interior of the car feels familiar. The car has a 2.0-litre turbo-petrol engine. Further, the hatchback car has a transmission of 7-speed DCT. The interior of the car has touch-sensitive buttons and an 8.8-inch colour display. The engine performance and its quirky styling is the thing which keeps it apart from the rest of the luxury cars in this price range.

Features Specifications Price
Engine Displacement  1998 cc ₹51.50 Lakh
Fuel Tank Capacity 44 L
Max Power 189.08bhp@5000-6000rpm
Max Torque 280Nm@1250rpm
TransmissionType Automatic

A Quick Table for the Cheapest Luxury Cars in India

Luxury Car Pricing
Skoda Superb ₹32 - 37.29 Lakh
MG Gloster ₹38.80 - 43.87 Lakh
Audi A4 ₹43.85 - 51.85 Lakh
Toyota Camry ₹46.17 Lakh
Volvo XC 40 ₹46.40 Lakh
Audi Q3 ₹46.27 - 51.94 Lakh
BMW X1 ₹45.90 - 51.60 Lakh
Mercedes-Benz GLA ₹48.50 - 52.70 Lakh
Mini Cooper ₹51.50 Lakh
BMW 3 Series ₹71.50 Lakh

Why is It Important to Have Insurance for Four-Wheelers?

Third-party motor insurance is mandatory in India to drive your four-wheeler on the roads. The amount of thought one puts into selecting a luxury car is another reason to pick insurance coverage for expensive vehicles with greater care. Always go with an insurance plan that offers a wide range of coverage.

The coverage in third-party insurance is limited, but with a comprehensive car insurance policy, you can safeguard your high-end investment.

With comprehensive car insurance from Tata AIG, you can enhance vehicle protection from man-made disasters to natural disasters to cashless repairs and more.

Further, before buying any insurance policy, use a car insurance calculator to compare premiums and coverage.

Conclusion

A car has become a basic necessity in every household. As the demand for consumers seeking luxury cars have increased, the Indian automobile market has started offering various cheapest luxury cars. This cheapest luxury car in India will satisfy you from designs to features to performance. However, before buying a luxury car, it is best to evaluate your preferences, budgets and other requirements.

FAQs

Which luxury car is cheaper in India?

The cheapest luxury car in India is the Toyota Innova Hycross with price of ₹30.26 Lakh and with seating capacity of 7 people.

Which is the most expensive car in India in 2023?

The most expensive car in India is the Rolls-Royce Phantom, priced at ₹9.50 Crore.

Which is the most selling luxury car in India in 2023?

The most selling luxury car in India is Mercedes-Benz with 8,528 units sold in 2023.

Disclaimer: All the prices and other information listed above pertain to a specific city and vehicle model. Since this information is subject to change, it is advisable to check the latest information before purchasing a vehicle or an insurance policy.

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