Most Affordable Cars of 2023 (No Cheap One) from Rs 7000 EMI, Lowest Downpayment in India

Most Affordable New Cars of 2023 in Hatchback, Sedan and SUV Segment with Lowest Down payment and Rs 7000 EMI Onwards in India

Most Affordable yet No Cheap Cars of 2023 : Rs 7000 EMI pm Onwards

Do you Wish to buy Brand New Car without impacting your Finance. But Concerned that who will buy  Smaller Engine 800cc or 1 Litre Naturally Aspirated Cars in 2023.

Ofcourse - Performance matters and bigger 1.2 Litre Naturally Aspirated Petrol Engine can make a lot of difference in Initial Pickup, AC Performance, Hill Drive and higher Power adds on to pulling torque

So - Care for Performance and Care for Affordability - Here are one having

• Low EMI starting from just Rs 7000 per Month
• Low Down Payment from mere Rs 1.5 Lakh all inclusive

Thanks to extended EMI Tenure option for 7 Years including Finance at upto 85% of On Road Price (which is what equivalent to 95% of Ex-showroom Price) makes buying car at absolute ease.

Most Affordable yet No Cheap Cars of 2023 (Lowest Down Payment with Rs 5000 EMI)

Gone are days of 800cc Cars & 1 Litre Engine Cars, we wont be recommending same to you in 2023 as looks like pretty Cheap Option in Hatchbacks.

Rather are recommending Cars with atleast 1.2 Litre Engine or higher so that they do not feel under-powered with even 4 Members and AC turned on.

Also we are Recommending Value Buy Picks in Segment to help you make Best Choice

Disclaimer: All Prices are as On road Price in Delhi basis Consumer Offers applicable at time of writing blog post in Jan 2023.

1. Maruti Ignis Sigma: Are you looking for a Car which comes with even refined 1.2 Litre, 4 Cylinder Engine and carries a distinctive road presence - yet pretty impressive to drive and Spacious and Stylish for 4 Members with ABS, EBD, Dual Airbags and a car with raised Ground Clearance -  opt for Ignis Sigma

Important to note that S Presso got 0 Star on Safety Rating and somehow has higher body roll, so if your requirement is within city usage and you drive in controlled speed then only consider in S Presso. In terms of Price and affordability quote

• On Road Price in 2023 : Rs 5.8 Lakh On Road (after discounts)
• Down Payment : Rs 1.5 Lakh
• Car Loan: Rs 4.3 Lakh Car Finance @ 8.5% : Rs 6810 EMI per Month for 7 Years

So, to Buy Ignis you just need to make Small Down Payment of Rs 1.5 Lakh and rest amount can be financed for Monthly EMI as low as under Rs 6000 per Month

Also, if you have any Old Car to Exchange then Ignis gets Rs 10K Exchange Bonus which will be over and above used car valuation price. This will reduce in Down Payment further.

2. Hyundai Grand i10 Nios Era: Care for Hyundai Reliability, Premium Experience and a Car with Distinctive Road Presence - Grand i10 Nios Era is an excellent choice 

So, to Buy Grand i10 you just need to make Small Down Payment of Rs 1.5 Lakh and rest amount can be financed for Monthly EMI as low as under Rs 6000 per Month

• On Road Price in 2023 : Rs 5.9 Lakh On Road
• Down Payment : Rs 1.5 Lakh
• Car Loan: Rs 4.4 Lakh Car Finance @ 8.5% : Rs 6968 EMI per Month for 7 Years

Also, if you have any Old Car to Exchange then can get Rs 10K Exchange Bonus which will be over and above used car valuation price. This will reduce in Down Payment further to make Car more affordable.

3. Tata Tiago XE: Heres the Safest Affordable 1.2 Litre Engine Car under 6 Lakh Price in Indian Market. Care for Better Build, Bigger 1.2 Litre Engine, even Spacious, Stylish Car - Tata Tiago XE can be considered as great Value Choice. You will be happy to own a Car which although comes with Basic Features but without compromise on Build and Bigger Engine delivers better drive experience

• On Road Price in 2023 : Rs 6 Lakh On Road
• Down Payment : Rs 1.5 Lakh
• Car Loan: Rs 4.5 Lakh Car Finance @ 8.5% : Rs 7128 EMI per Month for 7 Years

Safety: ABS with EBD and Corner Brake Control, Dual Front Airbag, High Speed Alert, Seat Belt Pretensioner, Immobiliser

Convenience: Multi Drive Mode - Economy and City, AC with Heater, Electric Power Steering with Tilt, Digital Instrument Cluster, Internal Adjustable ORVM, Adjustable Front Head Restraints

Styling: Body Colored Bumper, Chrome Finish on Front Grille, 14 Inch Wheel with R14 175 Tyre, Dual Tone Interior theme, Black ORVM & Black Door Handle, 

All Finance Scheme through SBI for Select Profile basis CIBIL Score and Eligibility Norms  

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SUV Cars with Lowest Down Payment 

With Growing Trend of SUV Cars - here are SUV Cars can get in Down Payment of mere Rs 2 Lakh, Own a SUV with EMI starting at Rs 7000 pm - you can own a Crossover / Compact SUV car. Although Magnite and Kiger comes in 1 Litre Engine - but SUV carries high aspiration factor and thus models listed as exception if you feel more towards SUV aspiration in Budget Price.

Net On Road Price in Delhi.