Cars under 16 lakhs
Cars under 12-16 lakhs in India remain one of the most searched segments among buyers looking for value, practicality, and long-term affordability. This price range caters to first-time car owners, daily city commuters, and families seeking a balance between budget and features. Depending on the slab, buyers can choose from entry-level hatchbacks, feature-rich compact cars, or well-equipped sedans and SUVs.
From fuel-efficient petrol models to CNG and diesel options (where available), cars in this segment are designed to offer reliable mileage, manageable maintenance costs, and essential safety features. On this page, explore the latest cars priced between ₹12 lakh and ₹16 lakh, compare specifications, check prices, and shortlist the best model that fits your needs in 2026.
Best Cars under 16 lakhs
| Car Model | Ex-Showroom Price | Fuel Type | Body Type |
|---|---|---|---|
| Tata Punch EV | ₹ 12,49,942 Lakhs | Electric | SUV |
| Mahindra Thar | ₹ 12,50,352 Lakhs | Diesel | SUV |
| Maruti Suzuki Victoris | ₹ 12,51,146 Lakhs | Petrol | SUV |
| Hyundai i20 | ₹ 12,56,228 Lakhs | Petrol | Hatchback |
| Maruti Suzuki Ertiga | ₹ 12,59,547 Lakhs | CNG | MUV |


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