There are over 40 cars to pick from with a budget of Rs 15 lakh, ranging from entry-level hatchbacks to subcompact SUVs. Manufacturers compete fiercely for customers by lowering their prices as much as they can while maintaining the majority of their cars' standout characteristics.
Therefore, if you're considering any of the price ranges covered by this budget, these seven examples are the top models that are less expensive than the most advanced models of their competitors.
7. Maruti Alto K10
The starting price for this car is Rs. 3.99 lakh, and the highest price is Rs. 5.96 lakh. It has a 1-liter gasoline engine under the hood. A 5-speed manual transmission or a 5-speed automated manual transmission (AMT) are your two available transmission options. The Renault Kwid and the Maruti S-Presso are two of its principal rivals on the market.
The Maruti Alto K10's top-end model offers a price advantage of around Rs 50,000 over the Renault Kwid. The Renault hatchback also comes standard with powered ORVMs, a larger 8-inch touchscreen system, traction control, hill hold assistance, and a tyre pressure monitoring system. CNG is another option available for the Alto, with up to 33.85 km/kg of claimed efficiency.
6. Maruti Ignis
This car is priced between Rs. 5.84 lakh to Rs. 8.16 lakh. It is powered by a 1.2-liter gasoline engine and has two transmission choices: a 5-speed manual and a 5-speed automated manual gearbox (AMT). The Hyundai Grand i10 Nios and the Maruti Swift are notable rivals in its class.
The Hyundai Grand i10 Nios and Maruti Swift, which are more expensive by up to Rs 87,000 and Rs 35,000, respectively, compete with the Maruti Ignis. The Ignis has a nice design, but it is out of date compared to its often-updated rivals. Compared to the Swift, it lacks ISOFIX child seat attachments, cruise control, automated headlights, and three-point seatbelts for every passenger. The Grand i10 Nios has even more features than the Grand i10, including a larger touchscreen, a wireless phone charging, and six more airbags. Here, the Ignis lacks a CNG option that both of its competitors have.
5. Maruti Baleno
The pricing of this car is between Rs. 6.61 lakh and Rs. 9.88 lakh.It has a 1.2-liter gasoline engine and either a 5-speed manual transmission or a 5-speed automated manual transmission (AMT), both of which are options. The Hyundai i20, Tata Altroz, Citroen C3, and Toyota Glanza are notable rivals in its segment.
When compared to the Hyundai i20, Tata Altroz, and its rebadged cousin, the Toyota Glanza, the Maruti Baleno offers the most reasonably priced top-end model. The i20 is the priciest rival in this comparison, with top-end models costing about Rs 12 lakh. With capabilities like a heads-up display and a 360-degree camera that are segment firsts, the Baleno is a feature-rich offering in and of itself. Although it has a few more features than the Altroz, the i20 also has a larger touchscreen and an electric sunroof. For enthusiasts, the Altroz and i20 provide the option of a turbo-petrol engine; the latter also has a DCT automatic transmission.
4. Tata Tigor
The starting price for this car is Rs. 6.30 lakh, while the highest price is Rs. 8.95 lakh.It has a 1.2-liter gasoline engine that powers both a 5-speed manual transmission and a 5-speed automated manual transmission (AMT). The Maruti Suzuki Dzire, Hyundai Aura, and Honda Amaze are some of its principal rivals.
The best-spec The top-spec Maruti Dzire is over 45,000 rupees cheaper with the Tata Tigor, while the fully loaded Honda Amaze is nearly 71,000 rupees more expensive. The Hyundai Aura is quite reasonably priced, and its CNG version is less expensive than the Tigor's. The Tata sedan has a smaller touchscreen than the Aura, which has a bigger wireless charger, six airbags, and more features than the Tata sedan.
3. Nissan Magnite
The price range for this vehicle varies from Rs 6 lakh to Rs 11.02 lakh. It comes equipped with a choice of engines: a 1-liter petrol engine and a 1-liter turbo-petrol engine. You can choose between a 5-speed manual transmission or a 5-speed automated manual transmission
The Nissan Magnite costs more than Rs 3 lakh less than the most expensive variants of the majority of its competitors. For the cost of a small SUV or a high-end hatchback, you can acquire an SUV with high ground clearance and SUV-like styling. The Magnite's competitors are all, however, more potent and expensive than it. The Magnite lacks features that many of its rivals provide, like an electric sunroof, wireless charger, ventilated front seats, and—more importantly—six airbags.
2. Maruti Ciaz
This model is priced between Rs. 9.30 lakh to Rs. 12.29 lakh. With the Honda City, Hyundai Verna, Skoda Slavia, and Volkswagen Virtus as competitors, this model seeks to offer a competitive alternative on the market.
The Honda City and Hyundai Verna have recently received updates, the Skoda Slavia and Volkswagen Virtus went on sale in 2022, while the Maruti Ciaz is the least modern sedan in its class. Although you don't have to sacrifice on room or aesthetics because of the low price, you do miss out on some comforting amenities. It forgoes an electric sunroof, ventilated front seats, a wireless charger, six airbags, and a tyre pressure monitoring system in favor of its competitors. Additionally, it only has a modest 1.5-liter engine, which makes it less powerful than the Verna, Slavia, and Virtus, three other sedans that also offer turbo-petrol alternatives.
1. Tata Tiago EV
With prices ranging from RS 8,69,000 to RS 11,54,000 (ex-showroom, India), the Tata Tiago EV presents an appealing option for those seeking a compact electric sedan. The Tata Tiago EV is a good electric car on the market. It's similar to the conventional Tata Tiago but with an eco-friendly twist. Tata Tiago's car relies on electricity rather than gasoline, making it extremely eco-friendly. It's not only healthy for the environment; it's also excellent for your pocketbook because electricity is frequently less expensive than gas. So, be ready to meet the Tata Tiago EV, which is green, inexpensive, and ready to take you everywhere!
The Tiago EV's design inherits the playful and youthful look of its gasoline-powered sibling. The cabin provides a comfortable and functional atmosphere that is suited for quick commutes and errands.
It is powered by a 24 kWh battery which gives it a fantastic range of 315 kilometers on a full charge. The Tiago engine gives 74 horsepower and 114 Newton meters of torque. Charging the Tiago EV is convenient too. You can fully charge it using a 15 amp AC charger in about 8.5 hours.