What are some of the best budget cars, or value for money cars in India? Let’s look at the Nissan Magnite, Maruti Suzuki Swift, and Hyundai i20 to see what attracts budget-conscious buyers to them.
In this article, we will discuss
- What a budget-conscious buyer looks for in a car
- Nissan Magnite vs Maruti Suzuki Swift vs Hyundai i20 – a comprehensive analysis of their variants, features, affordability, and fuel efficiency
- How to pick the right car for you
Also read: 10 DC Design cars & how they look in the REAL world: Maruti Swift to Mahindra XUV500
What a Budget-conscious buyer looks for in a car
A budget-conscious buyer should look for these in a car:
- Affordability – a car should be affordable, and have low maintenance costs
- Fuel efficiency – The car shouldn’t guzzle fuel
- Safety features – Essential safety features are a must in a car
- Brand perception – Is the brand of the car known for its wide service network, after sales service, etc.
- Resale value – The car should fetch good resale rates
A budget-conscious buyer primarily seeks value for money. The core parameters in affordable car options include safety, fuel efficiency, essential convenience features, and low maintenance. Durability and a respectable brand reputation also play a significant role.
While luxury and high-end features are appreciated, they aren’t prioritized over practical and necessary functions. Moreover, a good resale value and affordable spare parts also weigh in on their decision.
Why Nissan Magnite, Maruti Suzuki Swift, and Hyundai i20 are Popular
Nissan Magnite, Maruti Suzuki Swift, and Hyundai i20 have carved a niche in the budget segment owing to their reliability, efficient after-sales service, and overall value proposition.
Swift is praised for its peppy engine, Magnite for its competitive pricing, and i20 for its premium feel at a budget.
All three cars offer commendable fuel efficiency, which resonates with the budget-conscious segment. Their brand reputation ensures trust, making them preferred choices.
Additionally, the wide service network of these brands, especially Maruti, guarantees hassle-free maintenance, cementing their appeal to the budget audience.
Nissan Magnite, Maruti Suzuki Swift, and Hyundai i20 Variants Shortlist in Rs 6-8 Lakh Range
For Maruti Suzuki Swift, we have:
| Variant | Price (INR) as on 31 August 2023 |
| Swift VXI | ₹690,000 |
| Swift VXI AGS | ₹745,000 |
For Hyundai i20, we have:
| Variant | Price (INR) as on 31 August 2023 |
| Magna | ₹719,000 |
For Nissan Magnite, we have:
| Variant | Price (INR) as on 31 August 2023 |
| XE | ₹600,000 |
| XL | ₹704,000 |
Maruti Suzuki Swift VXI
Priced at ₹690,000, this variant offers safety features like ABS and two airbags. Its petrol engine delivers a city mileage of 20 kmpl and highway mileage of 22 kmpl, averaging to 22.38 kmpl. Additionally, the presence of power steering, power windows (front and back), and an audio system with 4 speakers adds to the convenience.
Maruti Suzuki Swift VXI AGS
At ₹745,000, this variant provides the added advantage of an Automated Manual Transmission (AMT). Like the VXI, it also provides ABS, two airbags, and impressive fuel efficiency figures. You can also check out how the Swift compares with Hyundai Grand i10 Nios as a family-friendly car.
Hyundai i20 Magna
Priced at ₹719,000, the i20 Magna offers ABS, two airbags, and a city mileage of 16 kmpl. What makes it stand out is the body-colored bumpers, power windows, rear parking sensors, and a 15-inch steel wheel size. If you’re a tech-savvy gadget lover, you can read how the i20 compares with Maruti Baleno and Toyota Glanza.
Nissan Magnite XE
The Magnite XE, priced at ₹600,000, is the cheapest variant on the list. With ABS, two airbags, and power steering, it offers essential features at a compelling price point. The city mileage is around 18.75 kmpl, making it fuel-efficient.
Nissan Magnite XL
At ₹704,000, this variant brings additional features like an audio system with 4 speakers while retaining the safety and efficiency attributes of the XE. If you’re a safety-conscious driver, you can read how the Magnite compares with Maruti Brezza.
Our Pick for the Best variant among Nissan Magnite, Maruti Suzuki Swift, and Hyundai i20 for Budget-conscious buyers
The Maruti Suzuki Swift VXI emerges as the most well-rounded choice for budget-conscious buyers. It is competitively priced at ₹690,000 and brings a blend of safety with ABS and two airbags.
Its fuel efficiency, with an overall mileage of 22.38 kmpl, ensures savings in the long run. The convenience of power steering, front and back power windows, and an audio system with 4 speakers enhances the driving experience.
While other models offer certain unique attributes, the Swift VXI provides a comprehensive package without breaking the bank, ensuring optimal value for money.
The Top 3 choices
- Maruti Suzuki Swift VXI
- Nissan Magnite XE
- Hyundai i20 Magna
| Attribute | Swift VXI | Magnite XE | i20 Magna |
| ABS | Yes | Yes | Yes |
| Airbags (number) | 2 | 2 | 2 |
| City Mileage (kmpl) | 20 | 18.75 | 16 |
| Engine – Fuel type | Petrol | Petrol | Petrol |
| Power Steering | Yes | Yes | Yes |
| Power Windows – Front | Yes | Yes | Yes |
How to Pick the Right Car for You
- The Maruti Suzuki Swift VXI stands out due to its commendable fuel efficiency, safety features, and the reputation of the Maruti brand.
- The Nissan Magnite XE, with its aggressive pricing and essential features, is perfect for those who want a modern SUV feel on a budget.
- The Hyundai i20 Magna, while a bit on the pricier side, offers a mix of style, safety, and brand reliability.
These three variants are cars that fit within your budget. They strike the right balance between cost, features, and efficiency, making them ideal for budget-conscious buyers.
If you’re interested in reading more such face-to-face comparisons of popular car variants, head over to our Buying Advice section.
Also read: Upcoming 2022 Maruti Suzuki Vitara Brezza rendered