Do you want to purchase a used car but have a tight budget? How about economic and reliable hatchbacks under 4 lakh? Are your demands specific to Hyderabad? If your answer is yes, then worry no more, for we have you covered with a curated list for your requirements. You might think your demands are too specific, but even with your specific needs you will be bombarded with an extensive array of options on leading car websites. Moreover, they will have listings of cars that have not been neatly sorted, and hence are not in a position to give you the best insights. How do you arrive at choosing the right car then?
Used car websites are usually of little use, even with their wide variety of filters. The onus of sorting the information remains on you, and who wants to handle so much data? Fortunately, we have got just the right solution for you through the Cartoq TRUE PRICE. By deploying the Cartoq TRUE PRICE , we help you identify the best deals. The Cartoq Data Science team has built a Machine Learning model that estimates the TRUE PRICE of a used car, after accounting for all sorts of variables – brand, model, age, mileage, and car type.
With all factors accounted for, the model predicts the TRUE PRICE, which then becomes the basis of comparison across cars. The best deals are those where listed price is lower than the TRUE PRICE. So we scan through the car listings across major used car sites, compute their TRUE PRICE, and present the best deals for you. The shortlist for this article was based on the analysis we ran on August 13, 2019; so by the time you read this article, there is a good chance that the specific car may no longer be available. However, this list still provides plenty of useful pointers even if certain specific cars have already been sold out.
This list once again bears witness to the familiar contest between Hyundai and Maruti, which means:
• Both manufacturers produce cars that cater to the two most important aspects of this segment- economy and efficiency.
• Hyundai has the edge with three cars to Maruti’s two, besides bagging the pole position.
Without further ado, let’s check out our top recommendations.
Recommendation #1: Hyundai Eon
Year: 2016 / Mileage: 9,661 / List Price: Rs. 350,000 / Ex Showroom Price: Rs. 544,000
Why buy: Currently placed with its first owner, this petrol hatchback comes in a dazzling white and is a match winner on all the important parameters. With a mileage below 10,000 kilometers, it is virtually semi new, and its affordable price means it is an economic choice in the long run. A fantastic package to set the ball rolling for this list.
Recommendation #2: Maruti Suzuki Celerio VDi 2016
Year: 2016 / Mileage: 52,285 / List Price: Rs. 375,000 / Ex Showroom Price: Rs. 512,000
Why buy: Also placed with its first owner and sporting an appealing white colour, this hatchback is powered by diesel. While it is of the same age as the list’s topper and has similar power and efficiency, what slides it down to second spot is its substantially higher price and mileage ratio.
Recommendation #3: Hyundai i10 Sportz 1.2 AT
Year: 2013 / Mileage: 60,000 / List Price: Rs. 375,000 / Ex Showroom Price: Rs. 530,000
Why buy: Making it a hat-trick of first owner white hatchbacks on this list is this excellent petrol car that also comes with automatic transmission. In immaculate condition and capable of impressive service for another handful of years, this can be a feasible option for those who are not satisfied with what the first three cars have to offer.
Recommendation #4: Maruti Suzuki Alto K10 LXi 2013
Year: 2013 / Mileage: 68,720 / List Price: Rs. 225,000 / Ex Showroom Price: Rs. 321,000
Why buy: If you can look past the age and mileage of this car, then it makes a lot of sense to consider purchasing this solid first owner car that is powered by petrol and also comes in white. The ultimate selling points for this vehicle are its durability, and more importantly, its price, which is significantly lower than those of the cars above it.
Recommendation #5: Hyundai i10 Sportz 1.1 IRDE2
Year: 2013 / Mileage: 29,061 / List Price: Rs. 280,000 / Ex Showroom Price: Rs. 436,000
Why buy: Protected with comprehensive insurance, this red hatchback is a second owner car that runs on petrol and provides a reasonable balance between price and utility. Even though it is six years old, it has not taxed the odometer much, and should be in a position to offer consistent service for a long time to come.
Maruti provides a couple of attractive options, but Hyundai is much stronger in this segment with cars that are not only more stylish, but also provide a greater substantial payoff. The top three should appeal to most of the buyers, but for those looking for cheaper alternatives, either of the bottom two cars could be the perfect fit.