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    Best cars under Rs 7 lakh to buy in 2021

    Synopsis

    Maruti has been working on the second-gen Celerio for a while and it has been spotted testing at multiple occasions. Maruti Alto is scheduled to get a generational update soon too. Here are other choices in this price range for you.

    One of the most popular cars in India, Maruti Alto is scheduled to get a generational update soon.
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    If you're planning to buy a car in 2021, ET Wealth, in collaboration with Cardekho.com, brings you some of the vehicles expected to be launched this year. We have selected the top choices in three price ranges: below Rs 7 lakh, between Rs 7 and Rs 15 lakh and between Rs 15 and Rs 40 lakh.

    We tell you what to expect in each vehicle and its specifications. Additionally, we have provided the approximate resale value after three years, the monthly running cost you are likely to incur and the loan EMI if you choose to finance the vehicle from a bank. Here are our top picks for the under Rs 7 lakh category.

    Best cars below Rs 7 lakh
    • Maruti Alto
    c1
    Note: Picture of the older model has been used as the new model’s pictures are not available.

    Price: Rs 3-4.5 lakh (expected)
    Expected launch: June 2021
    Running cost (30 km/day per month): Rs 3,331 (Petrol)
    Loan EMI (loan for 5 years, 80% financed at 9.25% interest) : Rs 5,057
    Expected resale (after 3 years): Around Rs 2 lakh

    Specifications-
    Fuel type: Petrol, CNG
    Engine capacity: 0.8 litre & 1 litre (petrol)
    Mileage: 23 kmpl (expected)

    One of the most popular cars in India, Maruti Alto is scheduled to get a generational update soon. Spy shots indicate it’s larger than before and features a tall body design. Maruti is expected to move it to the Heartect platform, which should give it a spacious cabin. It should be better equipped in features as well. Expect dual front airbags, ABS (anti-lock braking system) with EBD (electronic brakeforce distribution), rear parking sensors, ISOFIX (international standard for attachment points for child safety seats in cars) child seat anchors, 7-inch touchscreen infotainment system with Apple CarPlay, manual AC and tilt-adjustable steering. It’s expected to get the same 0.8-litre petrol engine, with a CNG fuel option. It may also offer an option of the bigger 1.0-litre engine and AMT (automated manual transmission) gearbox.

    • Maruti Celerio
    c2
    Note: Picture of the older model has been used as the new model’s pictures are not available.

    Price: Rs 5-6.5 lakh (expected)
    Expected launch: 2021
    Running cost (30 km/day per month): Rs 3,331
    Loan EMI (loan for 5 years, 80% financed at 9.25% interest): Rs 8,288
    Expected resale (after 3 years): Around Rs 3.5 lakh

    Specifications-
    Fuel type: Petrol
    Engine capacity: 1.0 litre & 1.2 litre
    Mileage: 23 kmpl (expected)

    Also read: Best cars under Rs 15 lakh to buy in 2021

    Maruti has been working on the second-gen Celerio for a while and it has been spotted testing at multiple occasions. Likely to be based on Maruti’s new Heartect platform, it sports a completely new design and looks bigger and boxier than its predecessor. It’s likely to get a completely reworked cabin with more features. It’s expected to come with the same 1.0-litre petrol engine (68 PS/ 90 Nm) with the choice of a 5-speed MT (manual transmission) and 5-speed AMT. It could also get the option of 1.2-litre petrol engine (83 PS/ 113 Nm) with the same transmission options. It will continue to take on the likes of Maruti Wagon R and Tata Tiago.

    • Tata HBX
    c3

    Price: Rs 5-7 lakh (expected)
    Expected launch: Mid-2021
    Running cost (30 km/day per month): Rs 4,038
    Loan EMI (loan for 5 years, 80% financed at 9.25% interest): Rs 8,288
    Expected resale (after 3 years): Around Rs 4 lakh

    Specifications-
    Fuel type: Petrol
    Engine capacity: 1.2 litre
    Mileage: 19 kmpl (expected)

    Tata motors debuted the HBX concept at the 2020 Auto Expo. The carmaker is now gearing up to launch the micro-SUV soon and it has been spotted recently in production-ready form. It looks similar to the concept, with butch styling and a boxy silhouette. Expect it to replicate the concept on the inside as well. Features should include a semi-digital instrument cluster, free-standing touchscreen infotainment system, auto AC and height-adjustable driver’s seat, among others. Under the hood, the HBX SUV is expected to get the Altroz’ 1.2-litre petrol engine. It has 86 PS and 113 Nm, mated to a 5-speed MT and may also offer a 5-speed AMT. It’s likely to take on the likes of Mahindra KUV100 NXT and Maruti Ignis.

    • Renault Kiger
    c4

    Price:
    Rs 5.9-9.5 lakh (expected)
    Expected launch: March 2021
    Running cost (30 km/day per month): Rs 3,834
    Loan EMI (loan for 5 years, 80% financed at 9.25% interest): Rs 9,117
    Expected resale (after 3 years): Around Rs 4-7 lakh

    Specifications-
    Fuel type: Petrol
    Engine capacity: 1.0-litre naturally aspirated petrol; 1.0-litre turbocharged petrol
    Mileage: Up to 20 kmpl (expected)

    Kiger is one of the most anticipated cars, especially after Magnite’s launch, and will share most of its components with Nissan’s hot-selling SUV. It has already been spotted testing and looks similar to the concept, featuring bumper-mounted headlamps and top-mounted LED DRLs. The side profile is muscular with flared wheel arches, while at the back it gets C-shaped LED tail lamps, similar to those in Kwid. It is expected to be as feature rich as the Magnite, with digital instrument cluster, 8-inch touchscreen, air purifier and premium sound system. It will have two petrol engines: 1.0-litre naturally aspirated engine with 72 PS and 96 Nm, and a 1.0-litre turbo petrol, with 100 PS and 160 Nm. Both will be mated to a 5-speed MT.

    Also read: Best cars under Rs 40 lakh to buy in 2021

    • Citroen sub-4 m SUV
    c5
    Note: Pictures of this model are not available.

    Price: Rs 6-9 lakh (expected)
    Expected launch: End 2021
    Running cost (30 km/day per month): Rs 5,112
    Loan EMI (loan for 5 years, 80% financed at 9.25% interest): Rs 9,946
    Expected resale (after 3 years): Around Rs 4 lakh

    Specifications-
    Fuel type: Petrol
    Engine capacity: 1.2 litre turbo petrol
    Mileage: 15 kmpl (expected)

    Citroen is all set to launch its debut product, the C5 Aircross mid-sized SUV, and has already started working on its second product, a made-for-India highly localised sub-4 m SUV, which has been spotted testing. Though camouflaged, it looks boxy and features signature Citroen design elements. Up front, it gets split headlamps, the double chevron Citroen logo, and the two-part air dam with a solid chunk of bumper in between, similar to the C5 Aircross. Under the hood, it is expected to have a 1.2-litre turbocharged petrol engine. It will take on the likes of the Maruti Vitara Brezza, Toyota Urban Cruiser, Hyundai Venue, Kia Sonet, Tata Nexon, Mahindra XUV300, Ford EcoSport and the Nissan Magnite.

    Note: *All prices are expected ex-showroom. Petrol price in Delhi on 19 Jan 2021: Rs 85.2/litre. Diesel price in Delhi on 19 Jan 2021: Rs 75.4/litre. Calculations for running cost and loan EMI are based on expected prices, and are indicative.
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    1 Comment on this Story

    Tejas Gosavi37 days ago
    The author really needs to survey the car resale Market!!!
    The Economic Times