Best cars under Rs 5 lakh in 2024

Do you want to buy a car but are on a tight budget? We all know that buying a car is only second to buying a house in terms of aspiration, and it is essential to pick an option that does not break the bank. Which is why we have put together a list of the best cars under Rs 5 lakh. This list includes the Maruti Suzuki Alto and the Maruti Suzuki S-Presso, along with the Renault Kwid. Read the full article to find out more information about the engines, pricing and much more. 

Maruti Suzuki Alto K10

The Maruti Suzuki Alto has always been one of the most popular family cars in India, thanks to its compact dimensions, supreme reliability and the ease of mind that is associated with owning a Maruti Suzuki. Powering the Alto is a 1-litre K10C petrol engine that produces 67hp of power and it can be mated either to a 5-speed manual or an AMT. Prices for the Alto start from Rs 3.99 lakh, and you can also have it with a factory fitted CNG kit.

Maruti Suzuki S-Presso

The S-Presso is one of Maruti Suzuki’s funky offerings in the entry-level hatchbacks segment. The S-Presso also gets styling elements that mimic those of an SUV and it is equipped on par with its class rivals. Powering the S-Presso is a 1-litre petrol engine that is shared with the Alto and Celerio hatchbacks, making 67hp of power. Like its siblings, this engine can be had with a manual or an AMT. Prices for the S-Presso start from Rs 4.26 lakh and you can opt for this hatchback with a factory fitted CNG kit as well.

Renault Kwid

The Renault Kwid is a breath of fresh air in a segment dominated by Maruti Suzuki, and it looks like a much more premium offering by design and also thanks to its upmarket interior. Under the hood of the Renault is a 1-litre petrol engine that can be had with an AMT or a manual transmission. Prices for the Kwid start from Rs 4.69 lakh, making it the most expensive hatch in this selection.