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There are some people who hunt for the cheapest car in market just to upgrade from a two wheeler to a four wheeler and there are others who look for a value-for-money car.
Indians are offered ample choice in the Rs 300,000 - Rs 500,000 category, where consumers can buy a car, which is not only loaded with remarkable features but is also high on brand value.
In a mileage specific country like ours, almost all hatchbacks are in a rat-race to deliver the highest mileage.
These cars are also keen to provide safety features, something that cars below this segment fail to offer.
This section is too crowded so we have selected ONLY the major ones.
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Maruti Swift
By bringing in the revamped diesel version in August, Maruti India has grabbed more than 100,000 bookings till date.
The 1.2 L 1197 cc K series petrol engine is highly frugal and low on emission standards meeting the BS IV norms.
This engine is deployed to a 5-speed manual gearbox and generates a peak power output of 87 PS and a peak torque of 114 Nm.
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The car is hard-bent on performance and delivers a mileage of 14.4 kmpl on city roads and 18.6 kmpl on the highways.
The very new 1.3 L, 1248 cc diesel engine is a head turner and has the capacity to produce the peak power of 75 PS and 190 Nm.
An exceptional mileage of 22.9 kmpl in the city and 23.8 kmpl on the highways is noteworthy.
New Maruti Swift's price starts from Rs 422, 341 and the top-end variant costs Rs 637,903.
(All prices are ex-showroom Delhi).
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Ford Figo
It is the second most-popular hatchback in the country in terms of sales volumes.
The flag-bearer of Ford India, this small car is a boon to the consumers with its plethora of features.
Ford Figo is available in both diesel and petrol variants.
A unique 'Distance to Empty' feature has been included in the car, which notifies the user the number of kilometers the car can travel with the available petrol.
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A 1.2 L 1197 cc Sequential Electric Fuel Injection (SEFI) petrol engine mated with a five-speed manual gearbox has the capacity to produce a peak power of 71 PS and a top torque of 102 Nm.
A mileage of 15.1 kpml is offered on the highways.
Ford's tried and tested 1.4 L Duratoq engine powers the diesel variant generating a peak power of 69 Ps and top torque of 160 Nm.
The base variant of Ford Figo is priced at Rs 370,800, and the top variant costsRs 558,700.
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Chevrolet Beat
The growing diesel car demand has gradually trickled down from sedans to hatchbacks also. Eyeing this opportunity General Motors launched a brand new Chevrolet Beat in diesel.
Even its petrol variant was very successful and had apparently accounted for half of Chevy's total sales in India.
The unique instrument cluster with ice-blue illuminated controls is the centre of attraction.
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A 1.0L 936 cc diesel engine powers this hatch to bring about a power of 62.5 PS and acme torque of 160 Nm.
A remarkable fuel efficiency of 24 kmpl on highways takes the stage.
The Chevrolet Beat price for the base variant starts is Rs 359,044 which goes upto Rs 545,990.
An electric version of Chevrolet Beat is the next blast by Chevy.
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Toyota Etios Liva
Toyota India recently launched the diesel version of Etios Liva. The carmaker timed it perfectly with the soaring demand for diesel cars.
The diesel variant of Liva boosted Toyota's sales in India, despite the slowdown in the sector.
Toyota Etios Liva petrol variant is equipped with a 1.2 L engine that generates a peak power of 80 PS and top torque of 104 Nm.
The car comes equipped with utility features like a large and spacious boot.
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The diesel engine of 1.4 L 1364 cc 8 valves powers the diesel variant that churns out peak power of 68 PS and 170 Nm peak torque.
A mileage, as high as 23.59 kmpl, on the highways puts the diesel driven car in the advantageous position.
Liva also features a newly developed air conditioning system with multi-directional vents.
Toyota Etios Liva price is in the range of Rs 399,000 - Rs 599,000.
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Nissan Micra
It is a cutely designed hatchback with a premiere look.
The hatch is offered in petrol and diesel variants.
The Nissan Micra houses a variety of features including many advanced safety features like ABS, EBD, airbags and BA (Brake Assist) in the top variant, while airbags are offered as a standard in all its variants.
A 1.2 L 1198 cc 3-cylinder DOHC petrol engine powers the car producing a peak power of 76 PS and top torque of 104 Nm.
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This hatch has not garnered much sale in Indian market because of lack of service centres in small towns and cities, the lifeline of our country.
The Nissan Micra diesel comes with a 1.5 L 1464 cc 4-cylinder SOHC common rail engine in association with a standard 5-speed manual gearbox to produce a peak power of 64 PS and 160 Nm peak torque.
The diesel variant gives a mileage of 23.08 kmpl.
Nissan Micra's price starts at Rs 410,000.
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Honda Brio
The bug eyed hatch is the cheapest car offered by Honda Motors.
The car is available in 4 variants, however devoid of the airbags in the base two variants.
The ABS, EBD and two airbags are incorporated in the top two variants, S (O) MT and V MT. The only noticeable drawback for Honda Brio so far is lack of a diesel variant.
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Honda Motors has introduced the small car with a 1.2 L i-VTEC petrol engine that keeps the capacity to produce an ace power of 88 PS and a maximum torque of 109 Nm.
An excellent mileage of 18.4 kmpl marks the car as the best-suited car for Indian roads.
Brio's starting price in India is Rs 395,000.
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Chevrolet Spark
It was launched by GM back in 2007 to dilute the domination of players like, Maruti Alto, Maruti Zen, Maruti Wagon R, Hyundai Santro and Tata Indica.
With the Chevrolet underpinning and affordable price tag, Spark has been successful in roping many customers into attraction.
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GM has placed the hatchback at an extremely competitive price range of Rs 305,958 - Rs 431,156.
The limited offer on Spark lets you drive this car at unthinkable price.
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Chevrolet Aveo U-VA
It offers decent drive with well-designed interiors and exteriors.
The car comes stuffed with edge-cutting technology safety measures like ABS, EDB, airbags, door ajar warning to ensure the maximum passenger safety.
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The 1.2 L 1150 cc SOHC petrol engine is not very frugal.
The Chevrolet Aveo U-VA price starts at Rs 407,578.
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Maruti A-Star
The first thing that comes into the mind while discussing this car is the automatic version the auto major had launched last year.
A 4-speed automatic gearbox is incorporated in the hatchback, while the other features like ABS for safety and adjustable driver seat for comfort are the key features in the automatic variant available on the Maruti A-star VXi.
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A new KB series 1.0 L 998 cc petrol engine is mated with a 5-speed manual gearbox or a 4-speed automatic gearbox to produce a peak power of 67 PS and 90 Nm peak torque powers the car.
The KB series engine helps in maintaining the pollution-free environment due to its lower emission standards.
The Maruti A-star automatic's price starts at Rs 437,737.
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Maruti Wagon R
Superior safety features like ABS, airbags and anti-theft system have helped the car to retain its status as one of the most popular cars in India.
The car sports well-designed spacious interiors at an affordable price tag.
The hatch is available in CNG and petrol variants.
A KB10 1.0L 998 cc petrol engine powers the car incorporated with a 5-speed manual gearbox to deliver a high power output of 68 PS and 90 Nm torque.
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While the petrol variant provides a decent mileage of 18.9 kmpl on the highways, the CNG variant provides 20.2 kmpl.
The aluminium lightweight KB 10 engine is the reason behind the high performing engine.
The Maruti Wagon R price is in the range of Rs 335,550 - Rs 420,795.
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Hyundai i10
Country's second largest car manufacturer, Hyundai Motors had launched Hyundai i10 envisaging gaining the same success as lent by of Hyundai Santro.
One can make out the success of this car by observing that the company rolls out a total of 9 variants of Hyundai i10 with two varied capacity petrol engines.
The two Era and D-Lite variants are powered by a 1.1 L 1086 cc IRDE petrol engine generating a peak power of 66.7 PS and 10.1 Kgm peak torque.
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These variants offer a mileage of 19.8 kmpl on the highways.
The rest of the variants house a 1.2 L Kappa petrol engine mated with a 5-speed manual gearbox to produce a mileage of 19.2 kmpl.
The Kappa engine is performance inclined and frugal.
The Hyundai i10 price starts from Rs 354,972 with the top variant costing Rs 599,455.
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Hyundai i20
It adorns a stylish design with a sharp look.
The features like, Fully Automatic Temperature Control and the integrated USB port, burglar alarm and steering mounted audio controls make it a class apart from the rest to hatchback in the league.
The Hyundai i20 price starts from Rs 459,205.
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Tata Indica
It is the most successful hatchback from Tata Motors.
Offered in an all-diesel variant at an extremely low price, it is popular as taxi-segment car.
Tata Motors launched the new version Tata Indica V2 in March, this year as the most fuel efficient car in India offering 25 kmpl mileage.
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A 1396 cc in-line diesel engine with the new microprocessor based engine management system boosts the engine performance.
Mated with a 5-speed manual gearbox, the car delivers a mileage of 53.5 PS and a top torque of 8.5 kgm.
This variant offers the maximum mileage of ARAI certified 25 kmpl.
The Tata Indica V2 turbomax with a 1405 cc diesel engine produces a peak power of 71 PS and a peak torque of 135 Nm.
The new Tata Indica V2 price starts from Rs 347,732.
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Maruti Ritz
At the heart of the Ritz lies one of the finest engines ever designed for the indian roads - K Series K12M.
This engine is an advanced 1.2 litre, 16-valve unit.
Rits is streamlined rather than boxy.
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A high driving position gives the driver an SUV like stance, giving a better all-round visisbility and a feeling of sportiness in a premium compact car.
RITZ LDI BS IV starts at Rs 492,559.