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Tata Capital > Blog > Loan for Vehicle > Top 10 Second-Hand Cars Under 2 Lakh

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Top 10 Second-Hand Cars Under 2 Lakh

Top 10 Second-Hand Cars Under 2 Lakh

If you are in the market for a car but have a limited budget, buying a second-hand vehicle can be a smart choice. Not only do used cars come at more affordable prices, but they also provide access to better models and allow you to change your vehicle more frequently. Additionally, the insurance costs for second-hand cars are generally lower. However, finding the best second-hand cars under 2 lakhs requires some research and consideration.

To help you make an informed decision, we have curated a list of the top 10 second-hand cars under 2 lakhs. Whether you are looking for a hatchback or a sedan, this list has something for everyone. So, let us dive in and explore your options for used cars under 2 lakhs.

List of Second-Hand Cars Under 2 Lakh

Maruti A-Star VXI

The Maruti A-Star VXI is a popular hatchback that comes under the 2 lakh second-hand car segment. It is known for its excellent performance, style, comfort, and fuel efficiency. Equipped with a 998 cc engine, it offers great mileage of around 19 KMPL (kilometres per litre).

Skoda Fabia 1.2 MPI Classic

Among the old cars under the 2 lakhs segment, the Skoda Fabia 1.2 MPI Classic can be a good choice. This hatchback offers solid build quality and robust performance. With its powerful 1198 cc engine, The Fabia provides a comfortable driving experience and has a mileage of approximately 17.5 KMPL

Hyundai i10 Era

One of the popular second-hand cars under 2 lakhs is the Hyundai i10 Era. An impressive hatchback with a strong engine capacity of 1197 cc, it features a 5-speed manual transmission, power steering, keyless entry, and multi-information functions. With its stylish design and average mileage of 15.4 KMPL, the i10 Era is a great choice for those looking for a reliable second-hand car under 2 lakhs.

Maruti Alto 800 CNG LXI

You can buy the Maruti Alto 800 CNG LXI as a second-hand car for under 2 lakhs. The CNG variant of the popular Alto 800 lineup offers higher mileage and is compliant with BS VI 2.0 norms. With its manual transmission system and superior fuel efficiency, this car is perfect for those looking for an eco-friendly option.

Maruti Ritz LXI

The Maruti Ritz LXI is a base model hatchback that brings together power, fuel efficiency, and style. Powered by a K-series petrol engine, it delivers impressive power and torque while offering good mileage of around 18.5 KMPL. The Ritz's unique rear design adds to its appeal, making it stand out among the second-hand cars under 2 lakhs.

Maruti Celerio LXI

The Maruti Celerio LXI is a popular choice among used car buyers due to its powerful performance and comfortable interiors. Equipped with a 998 cc engine, it delivers a maximum power of 65.71 bhp, torque of 89 Nm, and mileage of approximately 25 KMPL.

Maruti Eeco 5-Seater STD

If you are looking for space and comfort, the Maruti Eeco 5-Seater STD is a great option. Powered by an 1197 cc engine, it delivers maximum power of 79.65 bhp and torque of 104.4 Nm.

Maruti Baleno Sigma

The Maruti Baleno Sigma, the base version of the popular Baleno series is another popular model that can be bought as a second-hand car for under 2 lakhs. It offers a delightful driving experience. Equipped with an 1197 cc engine, it delivers maximum power of 83.1 bhp and torque of 115 Nm.

Hyundai Elite i20 Petrol Era

The Hyundai Elite i20 Petrol Era is a variant of the i20 hatchback that has features like power steering, driver and passenger airbags, ABS (anti-lock braking system), and gas-filled shock absorbers. Ensuring both safety and comfort, this car can be a good choice for a second-hand car under 2 lakhs

Tata Tiago XE

The Tata Tiago XE is a safe and reliable hatchback with a 4-star GNCAP safety rating. Equipped with an 1199 cc engine, it delivers maximum power of 84.82 bhp and torque of 113 Nm. It offers not only safety but also a premium driving experience with its sharp design and comfortable interiors.

How Used Car Loans Help You Finance Your Car?

Here are some of the key aspects of how used car loans can help you finance your dream car:

Affordability: Used cars are generally more affordable than new ones, making them an attractive option for budget-conscious buyers. A used car loan can cover the cost of your chosen vehicle, making it even more affordable to purchase.

Flexible Financing: Tata Capital offers used car loans with flexible repayment options tailored to your financial situation. This allows you to manage your monthly payments effectively and choose terms that suit your budget.

Ownership Without Full Payment: With a used car loan, you can own the vehicle while paying for it in instalments. This means you can enjoy the benefits of owning a car without having to make a substantial upfront payment.

To avail of a used car loan from Tata Capital, you will need to fulfil certain eligibility criteria. Some of the common documents required for a used car loan application include proof of identity, address proof, income proof, and bank statements. You can find more details about the documentation requirements and used car loan rates and charges by Tata Capital on its official website.

Conclusion

Finding the right second-hand car under 2 lakh can be a daunting task, but with the help of this list, you can narrow down your options and make an informed decision. Remember to consider factors such as mileage, maintenance history, and overall condition when making your choice.

Once you have decided on your ideal second-hand car, Tata Capital is here to help you with financing. With competitive interest rates and flexible repayment options, Tata Capital's used car loans can make buying your dream car hassle-free. Visit the company's official website to learn more about their offerings and apply for a loan today. Remember to take into account your financial situation and choose a loan amount and tenure that aligns with your budget.

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