The used car market in India is one of the most extensive markets in India, with a value of about $32 billion in 2021. It is expected to reach $74 billion by 2027. Nearly 5 million used cars are sold in India every year. Buying a used car has its own pros & cons; let’s look at the best-used cars under 5 lakhs in 2022:
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Honda City
Honda City is one of the trendy choices out of the used cars available in the market. You can get this used car for under ₹5 lakhs with ease. While it has been running on Indian roads for two decades, you can don’t have to go for the initial generations.
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You can get the 2014-2016 models for ₹5 lakhs, which have decent features, comfort, and sedan appeal and reliability. It offers a decent package with both power & efficiency and features. Both petrol & diesel options are available with a promising fuel efficiency of around 15-18kmpl and a spacious interior.
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Hyundai i20 Elite
Hyundai has always comprised a promising hatchback lineup. The i20 Elite was also a significant contributor to the same. You can get a 2015-2018 model of this sporty hatchback on a budget among the used cars in the current market.
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It is powered by a 1.2-litre engine churning out about 82hp with an ARAI fuel efficiency of 18.6kmpl. These figures can differ in real-life conditions, but this can be a considerable choice.
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Maruti Suzuki Baleno
Both Swift & Baleno have been well-performing assets for Maruti Suzuki. It was initially launched in 2015 and has received a significant update this year with features such as a heads-up display & 360-degree camera.
Also Read: 8 Lakh Maruti Suzuki Baleno Sold in 5 Years – A New Milestone!
You can get the 2016-2018 model for a reasonable price. It offers practicality & comfort, powered by a 1.2-litre petrol engine with a fuel efficiency of around 20kmpl. You can even get the RS version if you are lucky enough to find one.
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Toyota Etios Cross
Etios Cross was one of the crossover cars which did not catch up in India. But despite that, it was a worthy car. You can find one of its petrol versions that make around 68hp & mileage of around 18-20kmpl. You can still get one of these in the used car market; it might be hard to find but can be worth it.
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It was introduced after the Etios & Liva duo with cosmetic upgrades such as the beefy cladding & roof rails. Toyota launched this rugged version of the hatchback in 2014, and then the whole production for the Etios range was shut by 2020 due to BS VI norms.
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Renault Duster
Renault Duster was one of the initial compact SUVs in the market; Duster & Ecosport were the initial ones who initiated the trend. It was a capable SUV available with both petro, diesel and even an AWD version to tackle offroading.
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You can get one of these in the used car market without much hassle. The 2016-2017 model would be available for around 5 lakhs with a 1.5-litre engine churning out around 100hp with a fuel efficiency of around 13kmpl. Which one of these used cars would you prefer?