Best Used Cars Under 1 Lakh in India

Finding the perfect car under 1 lakh that fits your budget and lifestyle can often be challenging.. But, if you’re looking for Used Cars Under 1 Lakh in India, things can work in favour. With the rise in popularity of CNG vehicles, a world of possibilities has opened up for savvy buyers.

A used CNG car under 1 lakh can be your faithful companion on the road. These cars are not only affordable but also environmentally friendly. Whether you’re a college student looking to buy your first car or a family person wanting to get one, this guide will help you explore some of the best cars under 1 lakh available in 2023 and talk about used Car Loan interest rates. Get ready to buckle up and dive into a world where efficiency meets affordability!

Why Choose a Used Car?

The used car market in India has seen exponential growth as many buyers prefer budget-friendly and safer private vehicles over public transport. Used cars are also becoming increasingly popular due to their affordability compared to new cars, with many models available under 1 lakh that offer great reliability and value. The used car segment in India is currently 1.5 times larger than the new car market, providing a wide range of choices for every budget.

Best Second Hand Cars Under 1 Lakh

Here’s a list of the best second hand cars under 1 lakh in India, offering value for money, great mileage, and affordable maintenance costs.

Maruti Suzuki Alto CNG

A household name in India, Maruti Suzuki Alto offers an excellent option for a CNG variant within your budget.

• Mileage: Impressive fuel efficiency of up to 31.59 km/kg
• Price Range: Expect to find models under INR 1 lakh for used versions
• Specifications: 48 horsepower, 69 Nm torque, and equipped with standard safety features

The Alto has been a favourite for first-time car buyers and small families, providing reliability and comfort.

Hyundai Santro CNG

Hyundai Santro CNG comes with a rich legacy of trust and performance.

• Mileage: Around 30.48 km/kg, a perfect blend of efficiency and performance
• Price Range: Pre-owned models can be found under the INR 1 lakh mark
• Specifications: 59 horsepower, 84.33 Nm torque, and well-regarded safety features

Hyundai’s reputation for quality extends to this compact car that fits the city life with style, making it a good candidate for used cars under 1 Lakh.

Tata Tiago CNG

Tata Tiago CNG offers robust features and a modern look that’s hard to resist.

• Mileage: A commendable 27.28 km/kg
• Price Range: Used models frequently available under INR 1 lakh
• Specifications: 69 horsepower, 95 Nm torque, and solid safety features

With a sleek design and powerful performance, it’s a car that caters to the young and energetic crowd.

Maruti Suzuki Wagon R CNG

The Wagon R has been a constant presence on Indian roads and offers a CNG variant that doesn’t disappoint.

• Mileage: Remarkable 32.52 km/kg, perfect for daily commuting
• Price Range: Look for used versions under INR 1 lakh
• Specifications: 59 horsepower, 78 Nm torque, and basic safety features

It’s a family car that has stood the test of time, combining space with efficiency.

Hyundai Grand i10 Nios CNG

Grand i10 Nios is another gem from Hyundai with an appealing design and attractive features.

• Mileage: Achieves around 28.2 km/kg on CNG
• Price Range: Pre-loved models can be yours for under INR 1 lakh
• Specifications: 65 horsepower, 95 Nm torque, and advanced safety features

Its compact size and comfortable interior make it a desirable choice for city driving.

Maruti Suzuki Eeco CNG

For those who need more space without breaking the bank, Eeco offers a multipurpose vehicle.

• Mileage: Gets about 21.94 km/kg with CNG
• Price Range: Available in the used car market under INR 1 lakh
• Specifications: 73 horsepower, 101 Nm torque, and standard safety features

It’s the go-to vehicle for large families or those needing extra cargo room.

Chevrolet Beat CNG

Chevrolet Beat provides a trendy option with its CNG variant, adding flair to your driving experience.

• Mileage: Efficient with around 26.5 km/kg
• Price Range: Used models can be found below INR 1 lakh
• Specifications: 57.1 horsepower, 150 Nm torque, and notable safety features

Its distinctive design and vibrant colours make it a choice for those who like to stand out.

Things to Consider When Buying a Used Car

Fuel Type:
Decide between CNG, petrol, or diesel options based on your daily usage and cost preferences. CNG cars, for instance, offer great fuel savings, but you should also consider the availability of CNG stations in your area.

Mileage and Maintenance:
Look for cars under 1 lakh that provide high mileage and are known for low maintenance costs. Brands like Maruti and Hyundai often top the list for affordability in the used car market.

Condition and Service History:
Always check the vehicle’s service history and inspect it for any prior damage. A clean history can save you future maintenance expenses and improve reliability.

Used Car Loan Options

Purchasing a second hand car under 1 lakh is an excellent way to stay within budgetMany buyers choose to finance their purchase through a second hand Car Loan. At Muthoot Capital, we offer competitive interest rates and flexible repayment options to make owning a car easier. Our used Car Loan calculator can help you estimate monthly payments based on the loan amount, interest rate, and tenure, so you can choose a financing plan that aligns with your financial goals.

Important Tips for Buyers

Test Drive and Inspection

Always take a test drive and inspect the car’s condition. This will help you get a feel for the car and ensure it meets your expectations in terms of handling and comfort.

Warranty and Insurance

Ask if there are any warranties left on the car or consider buying a warranty plan. Additionally, ensure that the car has comprehensive insurance for extra protection.

Second-Hand Car Loan and Used Car Loan Calculator

Taking a step towards owning a used car can be made easier with a second hand car loan. We at Muthoot Capital offer you flexible repayment options and low used car loan interest rate. You can also take advantage of our used car loan calculator to plan your finances better.

Conclusion

Choosing a used CNG car under 1 lakh doesn’t mean compromising on quality or features. These top picks represent some of the best offerings in the Indian market, providing an affordable and eco-friendly way to hit the road. Whether you opt for a reliable Maruti or a stylish Hyundai, the options are plentiful. And when it comes to financing your dream, don’t forget to explore the second hand car loan options available. The journey of a thousand miles begins with the right set of wheels!

FAQs

How to find the best car under 1 lakh?

To find the best car under 1 lakh, you can explore the used best cars in the market. Many reliable options are available, including popular models such as Maruti Suzuki Alto, Hyundai Santro, and Tata Tiago, which offer great mileage and affordability under 1 lakh.

What are the options for second hand cars under 1 lakh?

There are plenty of choices for second hand cars under 1 lakh in the Indian market, including models like the Maruti Suzuki Alto CNG, Hyundai Santro, and Tata Tiago. These second hand cars under 1 lakh options are great for buyers seeking reliable vehicles at an affordable price.

Can I buy a second hand car within 1 lakh?

Yes, you can easily buy a second hand car within 1 lakh, especially models that are known for their durability and low maintenance costs. Popular models such as the Maruti Suzuki Wagon R and Hyundai Grand i10 Nios are available in this price range and offer excellent value for money.

What is the price range for the best cars under 1 lakh in India?

The best cars under 1 lakh in India typically range from Rs. 50,000 to Rs. 1 lakh for well-maintained used vehicles. Popular models in this price range include Maruti Suzuki Alto, Hyundai Santro, and Chevrolet Beat, which are known for their reliability and affordability.

Where can I find used car prices in India for models under 1 lakh?

You can find the used car price in India for models under 1 lakh through online platforms, used car dealerships, or local classified ads. These platforms will offer a range of options like 1 lakh second hand cars and cars under 1 lakh second hand that suit various preferences and budgets.

Are there any best second hand car under 1 lakh in the market?

Yes, several best second hand cars under 1 lakh can be found in the market. Models like the Maruti Suzuki Wagon R, Tata Tiago, and Hyundai Santro provide excellent value for money, with low maintenance costs and high fuel efficiency, making them ideal choices for budget-conscious buyers.

Can I find good second hand cars under 1 lakh for family use?

Yes, you can find great second hand cars under 1 lakh that are perfect for family use. Models such as the Hyundai Grand i10 and Maruti Suzuki Wagon R offer comfortable interiors, ample boot space, and good mileage, making them excellent choices for families within the cars under 1 lakh second hand range.

How can I evaluate the best cars under 1 lakh for fuel efficiency?

To evaluate the best cars under 1 lakh for fuel efficiency, look at the mileage provided by the car. Cars like the Maruti Suzuki Alto and Hyundai Santro CNG offer excellent fuel economy, ensuring that your monthly fuel expenses remain low while driving within a second hand car under 1 lakh budget.

Are used best cars worth buying under 1 lakh in India?

Yes, used best cars under 1 lakh are worth buying if you prioritise factors such as reliability, low maintenance, and fuel efficiency. Models like the Maruti Suzuki Alto, Hyundai Santro, and Tata Tiago are known for their long-lasting performance and affordability, making them a great choice for budget buyers.

Can I finance a second hand car within 1 lakh?

Yes, many financial institutions offer loans for second hand cars within 1 lakh. You can opt for a second hand Car Loan to finance your purchase. Make sure to check the loan terms, interest rates, and repayment options that fit your financial situation before finalising the deal.