Whether you plan to buy a luxury vehicle or your first hatchback, almost everyone looks for the most economical option. And while the luxury segment offers more for more, there are a few hatchback cars under ₹5 lakhs that can actually deliver more for less.
If you are planning to buy a hatchback car in India that offers affordability and performance, then we have the perfect list of the top budget hatchback cars under ₹5 lakhs in India. The best value for money hatchbacks in one list to help you decide what suits your choice, budget, and requirement.
Value for Money Brand New Cars
If you are looking to buy a brand new hatchback car for yourself, these budget hatchback cars in India offer the best value for money.
Maruti Suzuki Alto 800
Talking about the best budget hatchbacks in India is incomplete without mentioning the Maruti Suzuki Alto. Priced between ₹2.95 lakhs and ₹4.36 lakhs (ex-showroom New Delhi), the Maruti Alto is the best selling budget hatchback in India in this decade. It is one of the most loved choices of first time car buyers. What makes Alto 800 immensely popular is its low maintenance costs, highly durable build and decent ride quality.
In addition to this, the Alto also offers a fuel efficiency of 24 kmpl which is extraordinary coming from a petrol engine. The Alto is also available in BS6 petrol and a CNG option with power steering and safety features like ABS and airbags. Talking about performance, the Alto delivers a 47.3 BHP from an 800 CC engine. But what makes the Alto stand apart is it’s affordable yet durable nature.
Maruti Suzuki Alto 800 at a glance
Maruti Suzuki Alto K10
The elder brother of the Alto, the Maruti Suzuki Alto K10 is a perfect family car and a modern urban commuter. The K10 comes with a bigger 1-litre K-Series engine that delivers 68PS of power and 90Nm of peak torque. Compared to the Alto 800, the K10 offers a more premium in-cabin quality and an optional 5 speed AMT transmission with ABS and airbags that can deliver a hassle-free driving experience.
In terms of mileage, the K10 also offers 24 kmpl (petrol) and 32.26 km/kg (CNG) mileage. So, if you are looking beyond Maruti’s entry-level option, then the Maruti Suzuki Alto K10 is an ideal hatchback car, priced at ₹3.60 lakhs to ₹4.39 Lakhs (ex-showroom New Delhi).
Maruti Suzuki Alto K10 at a glance
With a starting price of ₹2.92 Lakhs (ex-showroom New Delhi), the Renault Kwid is the most modern-looking hatch on our list. Revolutionizing the budget hatchback car segment, the Kwid offers SUV-inspired styling, tuned dynamics and practical interiors. In terms of interiors, the Kwid offers an infotainment system, equipped with Android Auto, Apple CarPlay, Bluetooth connectivity and voice commands, making it the most premium offering in the budget hatchback segment.
When it comes to safety features, the Kwid gets dual front airbags, ABS with EBD, speed alert system and front seat-belt reminder. Offered as a 1-litre engine with 5-Speed AMT and Manual Transmission, the Kwid can deliver 67 BHP with a mileage of up to 25.17 kmpl.
Renault Kwid at a glance
Pre-Owned Best Value Cars
Purchasing a new car takes a substantial chunk of your savings. This is why the best decision to make, is to consider buying a second hand car. Not only does a pre-owned car offer a diversity of choices, but you can also even manage to squeeze a lot more for a lot less.
If you are looking to buy a used hatchback car, there even more options to choose from. Of course, you can grab an even more affordable deal on the Alto 800, K10 and Renault Kwid, but also strike a deal for more premium offerings such as:
Maruti Suzuki Wagon R
The hugely popular hatchback from Maruti is currently available with a prices starting from ₹4.45 Lakhs to ₹5.94 Lakh (Ex-showroom Delhi). However, you can strike an affordable and economical deal for the older generation versions of the Wagon R in the used car market. What makes the Wagon R a pre-owned favourite is its widespread availability and durable nature.
A typical 2013 model Wagon R would cost you around ₹3.5 to ₹4 lakhs. The Wagon R offers great fuel efficiency and reliability, making it a very good value for money option for anyone looking to get a capable hatchback car. Available in petrol, diesel and CNG variants, you won’t have to look out much for a Wagon R.
Maruti Suzuki Wagon R at a glance
Hyundai Grand i10
Hyundai’s premium hatchback, the Grand i10 is a massively popular hatchback car in the used car market . With diesel, petrol and even CNG versions available, the Hyundai Grand i10 is the perfect pre-owned hatchback in terms of handling, mileage, looks and variant availability.
The Hyundai Grand i10 is available in the second hand car market for an average price of ₹4.2 Lakhs for the 2015 model making it a deal to look out for. The Grand I10 delivers an average mileage of 25 kmpl for its 2013-2016 models and is available in 5 colour options.
Hyundai Grand i10 at a glance
Launched back in 2016, the Tata Tiago is perhaps the only premium hatchback to feature in the used budget hatchback car segment. Currently priced at ₹4.60 lakhs to ₹6.10 lakhs (Ex-Showroom), the Tata Tiago is available in the pre-owned vehicle market for ₹4-5 Lakhs.
Since the Tiago proved to be a hit with buyers, the availability of the Tata Tiago is not a problem. Available in both petrol and diesel option, you can easily bring home a Tiago, and experience Tata’s superior build quality and top-notch features.
Tata Tiago at a glance
Finding a used car that suits your needs is quite a task. This is why we recommend to buy your next used car from a trusted used car platform that offer certified second hand cars.