It’s a no-brainer, used cars offer better value for money than a brand new car. Also, you have a whole host of cars for any given budget in the used car market under Rs 4 lakhs. Here we present you the best cars you can buy for less than Rs 4 lakhs budget.
Up to Rs 1 lakhs: A car for bike’s money. IBB picks are
- Hyundai Santro: Hyundai’s tall boy was once India’s favorite. Good space, decent fuel efficiency, good torque and reliability makes this a no nonsense car from Hyundai stable.
- Tata Nano: This cute little car has surprisingly great interior space, most efficient petrol engine that can easily give 20 Kmpl + in all traffic conditions making it a great city car to roam around. Cheap spares, low service costs and low initial investment makes it an offer hard to resist. What about trading in your automatic scooter for a Nano?
- Maruti Zen (Jellybean): This car with a set of smart alloys and a up-sized set of rubber can still look smart. With an ultra-reliable engine and almost indestructible gearbox, this car is still a favorite among boy racers on a tight budget.
Rs 1-2 lakhs: IBB picks in this segment are
- Maruti Wagon R: Practical, dependable and reliable car from Maruti, still a topper in the sales chart.
- Maruti Alto: Still a top seller is a worthy car to consider in the used car market. Great fuel efficiency, Maruti service back-up and great availability in the used car market makes it one of the most favorite used hatchback in India
- Hyundai Getz Prime Petrol and 1.5 CRDi: A much bigger hatch which can be compared to the likes of Maruti Swift. The diesel one is an 110 bhp rocket and decent fuel efficiency is an added bonus.
- Chevrolet Spark: This cute little car from the American car manufacturer has a spacious cabin and pretty strong mechanicals.
- Tata Indica V2: Favorite among the taxi fleet, a real workhorse. Oodles of interior space, diesel economy and cheap spares makes it a cheap diesel car.
Rs 2-3 lakhs: For this budget you can get a bare basic new car, however you can get some great used cars in this price range.
- Maruti Swift: India’s favorite hatchback. Decently powerful engine, great handling, decent fuel efficiency and space makes this car a sensible used car buy. Availability in the used market is excellent and as is the resale value. Diesel multijet engine is a gem, great performance and excellent mileage.
- Hyundai i10: The i10 was a runaway success for Hyundai. Cars retains the core strengths of Hyundais of yore with an able petrol engine with decent torque for city and has very well finished interior.
- Ford Figo: If you want something without a Suzuki logo this one from blue oval is a good car to look at. It’s not an outright performance car, but both the petrol and diesel won’t disappoint you on the road.
- Chevrolet Sail and Sail UVA: These cars really never took off the sales chart, hence you can get a Sail or it’s hatchback sibling UVA for a bargain price. And what if we tell you Chevrolet Sail has better space than their flagship premium sedan, the Cruze.
- Chevrolet Beat: Another interesting car from the Chevrolet stable. You get both petrol and diesel model in this price bracket.
- Fiat Punto: Though a slow seller the car offers great value for money in this price range. Great styling too ass the desirability of this car
- Tata Indica Vista: Equipped with the multijet engine and the core strength of Tata cars with loads of interior space and great rear seat comfort makes this car a good option in this price range.
Rs 3-4 Lakhs
- Maruti Swift: You get newer model of this car In this price range
- Ford Figo diesel: If you want to stand apart from the Suzuki Swift bandwagon
- Hyundai Verna 1.5 CRDi: When it was launched, it was a performance monster. Equipped with a 1.5 liter CRDi engine still this car can still run rings around on most of the modern cars on sale today.
- Ford Fiesta Classic: The car that gave a new lease to Ford was this sedan. The petrol 1.6 is a stonker and 1.5 TDCI is a fuel efficient decent performer.
- Tata Manza: An XL-sized Tata and a great value for your money in this price range.
- Honda City ZX: One of the most sensible option in this price range. The car comes with legendary Honda reliability, decent performance and surprisingly good fuel efficiency.
- Mahindra Logan: This boxy car is one of the solidly built cars in this segment, with a reliable and fuel efficient diesel engine. If you don’t mind the taxi image, it’s a great diesel car for the money.
- Hyundai i20: The segment leader in the premium hatchback segment. The car has a big car feeling with capable petrol and diesel engines with the best interiors and the top end Asta is loaded to gills in terms of fetures.
- Honda Civic: A capable premium sedan in this price bracket is real value for money. The car has the Honda reliability and service backup. But keep in mind that, being a premium segment car you have to live with a below average mileage, costly spares and high service cost.