Fullerton India Credit Co. Ltd. is Now SMFG India Credit Co. Ltd.

7 Affordable Used Cars Under INR 1 Lakh In India - 2024

Published on Sept 21, 2023Updated on May 21, 2024

7 Affordable Used Cars Under INR 1 Lakh In India - 2024

In a country like India, where owning a car is not only a mode of transportation but also a symbol of status and convenience, finding a budget-friendly used car can be a wise choice for many. With a budget of INR 1 lakh, it might seem like a daunting task to find a reliable car that meets your needs, but there are options available. In this article, we will explore seven used cars under INR 1 lakh in India in 2023. Each of these cars offers a unique set of features and specifications that can cater to different preferences and requirements.

7 Affordable Used Cars Below INR 1 Lakh

1. Maruti Suzuki Alto CNG

The Maruti Suzuki Alto, a well-known name in the Indian car market, is a popular choice for used CNG cars under INR 1 lakh. The CNG variant of the Alto comes with a fuel-efficient engine that runs on both gasoline and CNG. It runs on a 796 cc engine. The CNG option provides a cost-effective way to commute without compromising on mileage. On average, the Alto CNG offers a mileage of around 31.59 km/kg of CNG. The car is usually equipped with standard tyres suitable for city driving.

2. Hyundai Santro CNG

The Hyundai Santro, another popular used car under INR 1,00,000, comes with a CNG variant that offers an economical way to travel. Equipped with a 1086 cc engine and a fuel capacity of 60 kgs. The CNG option ensures better fuel efficiency, making it an attractive choice for those looking to save on fuel costs. The mileage provided by the Santro CNG is around 30.48 km/kg of CNG. The car typically comes fitted with standard tyres suitable for daily commuting.

3. Tata Tiago CNG

The Tata Tiago, a stylish and modern hatchback, is a popular choice for used CNG cars under INR 1 lakh. It has an 1199 cc engine and a fuel tank capacity of 60 L. The CNG option provides an economical way to cover longer distances without worrying about frequent refueling. On average, the Tiago CNG offers a mileage of approximately 26 km/kg of CNG. The car is generally equipped with standard tyres suitable for city and highway driving.

4. Maruti Suzuki Wagon R CNG

The Maruti Suzuki Wagon R, known for its spacious interiors and practicality, also comes with a CNG variant. It has a 998 cc engine and fuel tank capacity of 60 L. The CNG option ensures cost-effective commuting with decent performance. The mileage offered by the Wagon R CNG is approximately 32.52 km/kg of CNG. The car is typically equipped with standard tyres suitable for various driving conditions.

5. Hyundai Grand i10 Nios CNG

The Hyundai Grand i10 Nios CNG is one of the best choices for used cars under INR 1,00,000. It comes equipped with an 1197 cc engine fuel tank capacity of 60 L. The CNG option combines fuel efficiency with a comfortable driving experience. On average, the Grand i10 Nios CNG offers a mileage of around 26.2 km/kg of CNG. The car usually comes with standard tyres suitable for city and highway driving.

6. Maruti Suzuki Eeco CNG

The Maruti Suzuki Eeco, a versatile and spacious mini-van, is available with a CNG option as well, is one of the best used cars below INR 1 lakh. It comes equipped with an 1197 cc engine fuel tank capacity of 65 L. The CNG variant provides an affordable way to transport larger groups of people while keeping fuel costs in check. The mileage offered by the Eeco CNG is approximately 20.88 km/kg of CNG. The car is typically equipped with standard tyres suitable for its size and purpose.

7. Chevrolet Beat CNG

The Chevrolet Beat CNG is a popular choice for conscious buyers when looking for used CNG cars under INR 1 lakh. It comes equipped with a 995 cc engine fuel tank capacity of 60 L. The CNG option provides a balance between fuel efficiency and performance. The mileage offered by the Beat CNG is around 26.6 km/kg of CNG. The car is usually equipped with standard tyres suitable for city and highway driving.

Conclusion

While buying a used car under INR 1 lakh might require careful consideration and research, there are options available that can meet your basic transportation needs without emptying your pocket. However, purchasing a used car also requires adequate funds.

SMFG India Credit is delighted to offer you a tailored personal loan for a used car. We provide a 100% online application process, collateral-free personal loans ensuring a seamless borrowing experience. Our personal loans extend up to INR 25 lakhs* with attractive interest rates starting as low as 11.99%* p.a. We provide flexible tenures ranging from 12 to 60 months. Apply for SMFG India Credit's personal loan today to buy used cars under INR 1,00,000!

* Please note that this article is for your knowledge only. Loans are disbursed at the sole discretion of SMFG India Credit. Final approval, loan terms, disbursal process, foreclosure charges and foreclosure process will be subject to SMFG India Credit's policy at the time of loan application. If you wish to know more about our products and services, please contact us

Was this helpful?

Yesyes vote
Nono vote
Sorry about that
How can we improve it:
Submit