04
Cover Story
The Economic Times Wealth, October 3-9, 2016
TOP 5 CARS: below `5 lakh
In a segment where price is the top consideration, these cars
have upped the ante, says Charu Kishnani, Vice-President,
Digital Marketing & Content, GirnarSoft.
2
HYUNDAI
GRAND i10
The global replacement of the ageing i10
continues to sell alongside its successor
in India. Hyundai has taken the game to
the next level by offering features that
have been omitted by cars in the higher
segment. Rear air-conditioning, keyless
entry and a chilled glovebox are just
some of the goodies that make the Grand
i10 special. It also houses reliable and efficient petrol and diesel motors. The
cushioned suspension and light steering
make it ideal for city commuters.
1
MARUTI
SUZUKI
ALTO 800
The Alto 800 has two iconic hatchback monikers and both are winners. The 796 cc motor is
known not only for its peppy nature, but also
its high fuel efficiency. The optional CNG variant makes the hatchback even more lucrative
for the price-conscious buyer. Clean styling,
comfortable interiors and the backing of Indias largest after-sales network makes it a de
facto choice as the first family car.
LOAN EMI
SPECIFICATIONS
PRICE: `4.39 lakh
`11,309 (3 years)
VARIANT: Era
FUEL TYPE: Petrol
`7,479
ENGINE CAPACITY: 1,086 cc
(5 years)
MILEAGE: 16.4 km/l
For `3.51 lakh
(80% loan @10.5% interest)
RESALE
VALUE
RUNNING COST
`3,516
(per month
@30 km a day)
`2.46 lakh
(after 5 years)
TATA TIAGO
LOAN EMI
SPECIFICATIONS
`6,412 (3 years)
`4,240
(5 years)
For `1.99
lakh
80% loan
@10.5%
interest
PRICE: `2.49 lakh
VARIANT: STD
FUEL TYPE: Petrol
ENGINE CAPACITY: 796 cc
MILEAGE: 20.3 km/l
RUNNING COST
`2,824
(per month
@30 km a day)
RESALE
VALUE
`1.45 lakh
Filling the shoes of Tata Indica is no mean
feat, but Tiago has pulled it off rather well.
The best-selling Tata currently also offers
the highest value for money among
hatchbacks. Tata has priced the
hatchback so aggressively that it
undercuts its chief rivals by
over `50,000 in some
cases. Features, such
as an 8-speaker
audio system and
dedicated car
apps, which are
unheard of in its
class, add to the
appeal of the
Tiago.
(after 5 years)
SPECIFICATIONS
PRICE: `3.2 lakh
All prices are ex-showroom Delhi.
All cars have manual transmission, except Honda City in the `10-15 lakh
category, which is automatic.
Cost of petrol is `64.05 and diesel `52.63 per litre as on 15 September 2016.
Estimated price for resale value is for 50,000 km after five years.
Mileage figures are sourced from Automotive Research Association of India
(ARAI), for city drive.
VARIANT:
1.2 Revotron XB
FUEL TYPE: Petrol
ENGINE CAPACITY:
1,199 cc
MILEAGE: 19.2 km/l
LOAN EMI
RUNNING COST
`2,997
(per month
@30 km a day)
`8,248 (3 years)
`5,455
(5 years)
For `2.56 lakh
(80% loan @10.5% interest)
RESALE
VALUE
`1.71 lakh
(after 5 years)