Get the Tata Capital App to apply for Loans & manage your account. Download Now


Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required

Tata Capital > Blog > Loan for Vehicle > Top gearless cars available in the used car market

Loan for Vehicle

Top gearless cars available in the used car market

Top gearless cars available in the used car market

If you drive mostly in the city and are looking to buy used cars, a gearless or automatic car would be the ideal option. Gearless cars give you the convenience of driving hassle-free in bumper-to-bumper city traffic. With the advent of AMT (Automated Manual Transmission), the cost of automatics has gone down. The difference between a new manual and AMT car is around Rs 1 lakh. So, you can expect the difference to be somewhere around 30-40k in the used car market. The additional amount should not be a major concern if you are going for a used car loan.

Here’s a quick look at the best gearless cars available in the used vehicle market:

Maruti Suzuki Celerio AMT

The first car to introduce the AMT technology in the Indian automotive market was the Maruti Suzuki Celerio. Most of the new Celerios sold have been the AMT version. This means you are likely to find many AMT options in the used vehicle market. It comes with the proven 1.0-litre K10 engine generating 67 bhp of max power and 90Nm of max torque and returns a fuel economy of 23.1kmpl. The new Celerio AMT is priced in the range of Rs 5.23 - 5.58 lakh (ex-showroom Delhi).

Renault Kwid AMT

get used car loan for Renault Kwid AMT

Image Credit: carandbike

The mini-SUV of the country, the Renault Kwid is also a popular option if you want style, affordability, and convenience in one package. Powered by the 1.0-litre 3-cylinder engine, it belts out power figures of 67bhp and 91Nm. The car offers excellent fuel efficiency of 24.04kmpl. It is spacious when compared to similar cars in the segment and gets contemporary interiors too. 

The AMT variants of the Kwid fall in the price bracket of Rs 4.73 - 5.01 lakh (ex-showroom Delhi). Among other used cars on EMI, you would do well to consider a second-hand Kwid AMT. Get to know you EMI in advance before purchasing this car, use used car loan emi calculator and find out your monthly installments in advance.

Tata Tiago AMT

Another good option among the top gearless cars is the Tiago AMT. It is one of the most powerful cars in the budget car category. With the Tiago, you get a decent amount of rear-seat and boot spaces. Powering the car is the 1.2-litre petrol engine that pumps out 84 bhp and 114Nm. It returns an impressive mileage of 23.8kmpl. 

The latest Tiago AMT is available in three variants priced between Rs 6.20 - 6.60 lakh (ex-showroom, pan India). If you wish to buy a pre-owned Tiago AMT, you can make the most of a used car loan.

Additional Read – Check Out The Top Gearless Used Car Brands Present in India

Maruti Suzuki Alto K10 AMT

get used car loan for Maruti Suzuki Alto K10 AMT

Image Credit: AUTOVISTA

The tried and tested Maruti Alto K10 AMT has been a popular option among used car buyers, thanks to its low maintenance and value-for-money quotient. Powered by the 1.0-litre petrol engine, it delivers a top power of 67 bhp and max torque of 90Nm. 

The car is similar when it comes to performance with the Kwid. It offers a marginally better mileage of 24.07kmpl. It has been discontinued because of no BS6 upgrade in March 2020. However, you can always buy it from the second-hand market by opting for a loan on used cars and enjoy this reliable ride from Maruti Suzuki. 

Additional Read – How Can You Make Your Life Easy with Used Car Loan?

These are some of the popular gearless used cars that could be well within your budget when you are shopping for a second-hand vehicle. And if not, a used car loan from Tata Capital is available at attractive interest rates to fund your purchase.

Leave a Reply

Your email address will not be published. Required fields are marked *