10 Used Cars Under 4 Lakhs in India 2024: Top Picks

Owning a car is always one of the desires people have. It is not only a convenient transport medium but an asset too. However, financial constraints may sometimes make buying the brand-new four-wheeler you love challenging. Don’t worry; we have brought you a handpicked selection of second-hand cars under 4 lakh for 2023. We understand the importance of finding an affordable yet reliable vehicle that can turn your daily commute into a joyous journey. We will also discuss how opting for used car financing can help you better.

List of Top 10 Used Cars Under 4 Lakhs in India

Here are the top 10 second-hand cars under 4 lakh that you can consider buying this year-

Car

Mileage (kmpl)

Engine CC

Price (Ex-Showroom Delhi)

Maruti Swift

22

1197 cc

Rs 3.5 Lakhs

Hyundai i10

19

1197 cc

Rs 3.2 Lakhs

Honda City

16

1497 cc

Rs 3.8 Lakhs

Tata Tiago

23

1199 cc

Rs 3.6 Lakhs

Maruti Alto 800

24

796 cc

Rs 2.7 Lakhs

Ford Figo

20

1194 cc

Rs 3.3 Lakhs

Volkswagen Polo

18

1197 cc

Rs 3.7 Lakhs

Renault Kwid

23

999 cc

Rs 3.1 Lakhs

Hyundai Santro

20

1086 cc

Rs 3.4 Lakhs

Chevrolet Beat

18

1199 cc

Rs 3.0 Lakhs

To Avail Used Car LoansApply Now

Searching for the top used cars under 4 lakhs in India? We have curated a list of great options with reliability, affordability, and a touch of style. From trusted brands to impressive features, these vehicles are sure to meet your expectations without exceeding your budget.

1. Maruti Swift

Maruti Swift

With its sporty design and fuel efficiency, the Maruti Swift is a popular choice. Its comfortable interiors, ample space, and reliable performance make it an ideal option for daily commutes and occasional adventures.

Avg. Ex-Showroom Price

Mileage (kmpl)

Fuel Tank Capacity (litres)

Rs 3.5 Lakhs

22

37

2. Hyundai i10

Hyundai i10

The Hyundai i10 offers a perfect blend of style and performance. Its compact size, smooth handling, and decent mileage make it well-suited for city driving while providing a comfortable and convenient ride.

Avg. Ex-Showroom Price

Mileage (kmpl)

Fuel Tank Capacity (litres)

Rs 3.2 Lakhs

19

35

3. Honda City

Honda City

Known for its elegance and superior performance, the Honda City brings a touch of luxury to the used car market. It offers a spacious cabin, advanced features, and a smooth driving experience, making it a favourite among car enthusiasts.

Avg. Ex-Showroom Price

Mileage (kmpl)

Fuel Tank Capacity (litres)

Rs 3.8 Lakhs

16

42

4. Tata Tiago

Tata Tiago

The Tata Tiago combines affordability with modern features. With its eye-catching design, decent mileage, and comfortable interiors, it presents a compelling option for those seeking a value-for-money proposition.

Avg. Ex-Showroom Price

Mileage (kmpl)

Fuel Tank Capacity (litres)

Rs 3.6 Lakhs

23

35

5. Maruti Alto 800

Maruti Alto 800

As one of India's most popular hatchbacks and an ideal option for used cars under 3 lakhs or 4 lakh, the Maruti Alto 800 offers reliable performance and low maintenance costs. Its compact size, good fuel efficiency, and affordable price tag make it an ideal choice for budget-conscious buyers.

Avg. Ex-Showroom Price

Mileage (kmpl)

Fuel Tank Capacity (litres)

Rs 2.7 Lakhs

24

35

6. Ford Figo

Ford Figo

The Ford Figo stands out with its robust build quality and dynamic driving experience. It offers spacious interiors, good fuel efficiency, and a wide range of features, making it a versatile and practical option in the used car market.

Avg. Ex-Showroom Price

Mileage (kmpl)

Fuel Tank Capacity (litres)

Rs 3.3 Lakhs

20

42

7. Volkswagen Polo

Volkswagen Polo

The Volkswagen Polo boasts of premium build quality, comfortable interiors, and a refined driving experience. Its solid performance, safety features, and attractive design make it an appealing choice for those seeking a touch of European engineering.

Avg. Ex-Showroom Price

Mileage (kmpl)

Fuel Tank Capacity (litres)

Rs 3.7 Lakhs

18

45

8. Renault Kwid

Renault Kwid

With its distinctive SUV-like design and affordable price, the Renault Kwid has gained popularity in India and is among the best second-hand cars under 4 lakhs. The car offers amazing ground clearance, decent mileage, and a spacious cabin, making it suitable for both urban and rural driving families.

Avg. Ex-Showroom Price

Mileage (kmpl)

Fuel Tank Capacity (litres)

Rs 3.1 Lakhs

23

28

9. Hyundai Santro

Hyundai Santro

The Hyundai Santro offers a comfortable and practical driving experience. With its compact size, excellent fuel efficiency, and smart features, it caters to the needs of small families.

Avg. Ex-Showroom Price

Mileage (kmpl)

Fuel Tank Capacity (litres)

Rs 3.4 Lakhs

20

35

10. Chevrolet Beat

Chevrolet Beat

The Chevrolet Beat stands out with its funky design and peppy performance. It offers a comfortable ride, decent mileage, and a range of features, making it an attractive choice for those seeking a unique and budget-friendly car.

Avg. Ex-Showroom Price

Mileage (kmpl)

Fuel Tank Capacity (litres)

Rs 3.0 Lakhs

18

35

 

Conclusion

In the realm of affordable car dreams, where every penny counts, finding a reliable used car under 4 lakhs or even a used car under 3 lakhs becomes a journey of hope and practicality. With our curated selection of budget-friendly options, you can confidently embark on this quest. Whether you desire the iconic Maruti Swift or the compact charm of the Hyundai i10, our list ensures that your aspirations align with your budget.

Don't let limited finances hinder your dreams of owning a car. Consider taking a Used Car Loan from Hero FinCorp and experience a hassle-free loan application process along with instant loan disbursement. We offer competitive interest rates and large loan amounts of up to 50 Lakh. available for all car brands.

Frequently Asked Questions 

1. Is a used car good for beginners?

Yes, a used car can be a good choice for beginners as it offers affordability and allows you to gain driving experience without the financial burden of a brand-new vehicle.

2. How long can I use a second-hand car?

The lifespan of a second-hand car depends on various factors such as maintenance, mileage, and overall condition when you buy it. With proper care, it can serve you for several years.

3. How to choose a second-hand car?

If you are planning to buy a second-hand car under 4 lakh, choosing one in good condition is very important. To choose a second-hand car, consider factors like-

  • Budget
  • Technical aspects such as engine, mileage, etc
  • Maintenance records, vehicle history, and mechanical condition.
To Avail Used Car LoansApply Now

Written by  Katyaini Kotiyal

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Katyaini is a finance expert with a focus on the non-banking financial sector, bringing over 8 years of experience in NBFC. She specializes in simplifying complex financial concepts for readers, helping them navigate the NBFC landscape. Outside of work, she is passionate about travelling.

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