Affordable Fuel Friendly Used Cars

The demand for pre-owned cars in the country is mainly driven by the increasing consumer focus on high-quality vehicles that are available at affordable prices. These qualities bring four wheelers within the reach of the common man. Moreover, the improved quality of used cars after undergoing extensive servicing by the dealers is creating a new perception among consumers that they will last for a while.

Here are a few affordable fuel-efficient used cars that you may consider:

1. Maruti Alto 800 (On-road price starts from Rs. 3.37 Lakhs onwards)

   The very popular and affordable car in the Indian market -Alto 800, impresses with its low fuel consumption, and smooth driving experience. It delivers a fuel economy of 22.5 kmpl and a secondhand Alto 800 can be bought at a minimum price of Rs. 1.5 Lakhs.

2. Renault Kwid (On-road price starts from Rs. 3.49 Lakhs onwards)

   This entry-level hatchback from Renault is fitted with a 796cc petrol engine and is one of the most fuel-efficient cars that claims a mileage of 25.17 kmpl. Its used car price starts from Rs. 2.5 Lakhs onwards.

3. Datsun Redi-GO T (On-road price starts from Rs. 4.65 Lakhs onwards)

   A cost-effective hatchback from the Japanese carmaker comes with a three-cylinder petrol engine of 799cc capacity. It boasts a mileage of about 20.71 kmpl, and the used car price begins from Rs. 2.5 Lakhs onwards.

4. Maruti Suzuki Celerio (On-road price starts from Rs. 5.13 Lakhs onwards)

   The low-cost Celerio that claims a fuel economy of 23.1 kmpl is powered by a 998cc petrol engine with a 5-speed manual transmission. The used car price is quoted from Rs. 3 Lakhs onwards.

5. Maruti Suzuki Wagon R (On-road price starts from Rs. 5.29 Lakhs onwards)

   The new generation, progressive Wagon R with a 998cc, 1.0L petrol engine delivers fuel efficiency of 21.79 kmpl. Their used models are priced from Rs. 2.1 Lakhs onwards.

6. Tata Tiago (On-road price starts from Rs. 5.53 Lakhs onwards)

   The latest hatchback offering from Tata comes with a 1.2L three-cylinder petrol engine that demonstrates a fuel efficiency of 23.84 kmpl. The cost of a secondhand Tiago begins from approx. Rs. 3.6 Lakhs.

7. Hyundai Grand i10 Nios (On-road price starts from Rs. 5.83 Lakhs onwards)

   The Grand i10 Nios’ 1.2L petrol engine with a power of 1186cc claims a mileage of 20.7 kmpl and one can go for its secondhand model for a price starting at Rs. 5.3 Lakhs.

8. Maruti Baleno (On-road price starts from Rs. 6.56 Lakhs onwards)

   Touted as the most selling premium hatchback car in India, Maruti Baleno is powered by an engine capacity of 1197cc producing a mileage of 20kmpl. The price of a used Baleno starts from Rs. 4.25 Lakhs onwards.

9. Honda Amaze (On-road price starts from Rs. 7 Lakhs onwards)

   Honda Amaze is an affordable, modern compact sedan that clocks a fuel economy of 18.6 kmpl and 24.7 kmpl with its manual petrol and diesel variants respectively. The used Amaze model is available from a minimum of Rs. 2.5 Lakhs onwards.

10. Maruti Swift Dzire (On-road price starts from Rs. 7.02 Lakhs onwards)

    India’s most popular four-wheeler, the Dzire achieves a mileage of 28.4 kmpl and a used Dzire can be expected to provide a fuel efficiency of 26 kmpl and bought from as low as Rs. 1.4 Lakhs, subject to the number of kilometres that the car drove.

In a nutshell, while the price and fuel efficiency are key parameters that are factored in to purchase a used car, other factors such as a car’s longevity and current condition, certified used car dealers, and proper documentation are also crucial in making a purchase decision. Besides, you can also look for lenders that offer the best terms of auto loans on used cars or a used car loan at cheaper interest rates.

At HDB Financial Services (HDBFS), you can now avail of a used car loan of upto 70-75% percent of the car’s value at attractive interest rates. The loan application process is hassle-free and entails minimal documentation.