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Home / Car Insurance / Articles / 11 Best Cars Under 40 Lakhs in India: Top Cars Below 40 Lakhs [2024 Updated]

11 Best Cars Under 40 Lakhs in India: Top Cars Below 40 Lakhs [2024 Updated]

Team AckoJan 9, 2024

If you're in the market for a car in India and have a budget of under 40 lakh, you're in luck.

With the Indian car market offering a wide range of options, you don't need to break the bank to get a reliable and stylish ride.

From compact cars to midsize SUVs, there are plenty of choices available that won't leave a hole in your wallet. 

To make your search easier, we've compiled a list of the best cars under 40 lakh in India.

Whether you're looking for fuel efficiency, comfort, or performance, we've got you covered with our top picks.

best-cars-under-40-lakh-in-india

Contents

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List of best cars under 40 lakh in India

The following are some of the best cars to buy under Rs. 40 lakh.

S. No.

Best cars under 40 lakh rupees (India)

Ex-showroom price (Delhi)

1.

Toyota Fortuner

Rs. 33 lakh to Rs. 50 lakh

2.

Jeep Meridian

Rs. 28 lakh to Rs. 38 lakh

3.

Mini Cooper

Rs. 30 lakh to Rs. 44 lakh

4.

Hyundai Tucson

Rs. 29 lakh to Rs. 36 lakh

5.

Kia Carnival

Rs. 26 lakh to Rs. 36 lakh

6.

MG Gloster

Rs. 33 lakh to Rs. 43 lakh

7.

Toyota Hilux

Rs. 31 lakh to Rs. 38 lakh

8.

Volkswagen Tiguan

Rs. 35 lakh to Rs. 37 lakh

9.

Skoda Superb

Rs. 31 lakh to Rs. 38 lakh

10.

Skoda Kodiaq

Rs. 38 lakh to Rs. 42 lakh

11.

Citroen C5 Aircross

Rs. 37 lakh

Top 11 and Best cars under Rs. 40 lakh in India

In this section, we highlight some of the top cars under Rs. 40 lakh in India with their pricing and specifications.

1. Toyota Fortuner

The new-generation Toyota Fortuner is a rugged and capable SUV that offers both on-road comfort and off-road prowess.

It features a bold, muscular design, sleek front grille, and striking LED headlamps.

Under the hood, it packs a powerful 2.8-litre diesel and 2.7-litre petrol engine that delivers excellent performance and fuel efficiency. 

The interior is spacious and well-appointed with premium materials and advanced features like a touchscreen infotainment system, automatic climate control, and safety features like multiple airbags, ABS, and traction control.

With its impressive off-road capabilities, the new Toyota Fortuner is an ideal choice for adventure seekers and off-road enthusiasts, making it one of the best SUVs under 40 lakh in India.

Toyota Fortuner Car Insurance

Specifications

  • Engine capacity: 2.8-litre diesel/2.7-litre petrol engine

  • Transmission: MT/iMT/AT

  • Seating capacity: 5

  • Price: Rs. 33 lakh to Rs. 50 lakh

2. Jeep Meridian

The Jeep Meridian is the 7-seater version of the Jeep Compass SUV. It is sporty, rugged and sophisticated.

It continues the off-road and on-road behaviour as the Compass, but with added 3rd row.

The Meridian is available in premium colour schemes and in Limited and Limited Plus variants. 

The Meridian is also one of the safest SUVs with features such as all-season tyres, ESC, adaptive brake lights, ABS with EBD, 6 airbags, Electronic roll mitigation, and more, making it the best 40 lakh car in India.

Jeep Meridian

Specifications

  • Engine capacity: 2.0-litre diesel engine

  • Transmission: MT/AT

  • Seating capacity: 5

  • Price: Rs. 28 lakh to Rs. 38 lakh

3. Mini Cooper

The Mini Cooper boasts a modern design with enhanced performance and efficiency.

It features a range of powerful and efficient engines, including a 1.5-litre three-cylinder and a 2.0-litre four-cylinder engine, both of which are turbocharged for maximum output. 

The car’s interior is spacious, with premium materials, advanced technology, and safety features.

The Cooper also offers agile handling and a comfortable ride, making it a great car for daily commutes or weekend getaways.

Overall, the new Mini Cooper is a stylish and fun-to-drive vehicle that offers a perfect blend of practicality, performance, and style.

Mini Cooper Car Insurance

Specifications

  • Engine capacity: 2.0-litre petrol engine

  • Transmission: DCT

  • Seating capacity: 4

  • Price: Rs. 30 lakh to Rs. 44 lakh

4. Hyundai Tucson

The Hyundai Tucson boasts an eye-catching exterior design, featuring a bold grille and angular headlights.

It comes with a 2.0-litre petrol and diesel engine, both paired with an automatic gearbox. 

The interior is spacious and modern, with a 10.25-inch touchscreen display and wireless Apple CarPlay/Android Auto.

Safety features include forward collision warning, automatic emergency braking, and lane departure warning. 

The Tucson also offers an optional panoramic sunroof, digital instrument cluster, and a Bose premium sound system.

Overall, the new-generation Tucson is a stylish and well-equipped SUV that offers great value for money, making it one of the best cars under 40 lakh in India.

Hyundai Tucson Car Insurance

Specifications

  • Engine capacity: 2.0-litre petrol/diesel engine

  • Transmission: AT

  • Seating capacity: 5

  • Price: Rs. 29 lakh and Rs. 36 lakh

5. Kia Carnival

The new Kia Carnival is a stylish and spacious MPV that offers a comfortable ride for families.

It features a bold exterior design with a modern and upscale look, and a roomy interior with seating for up to eight passengers. 

The Carnival is powered by a 2.2-litre engine that delivers ample power and smooth performance.

Overall, the Kia Carnival is a versatile and practical vehicle that offers great value for money, making it one of the best MPVs under 40 lakh in India.

Kia Carnival Car Insurance

Specifications

  • Engine capacity: 2.2-litre

  • Transmission: AT

  • Seating capacity: 7

  • Price: Rs. 26 lakh to Rs. 36 lakh

6. MG Gloster

The MG Gloster is a new-generation SUV that offers luxury and style combined with advanced technology and power.

It boasts a 2.0-litre twin-turbo diesel engine that delivers a maximum power output of 218 PS and 480 Nm of torque, paired with an 8-speed automatic transmission. 

The SUV features a spacious cabin with a panoramic sunroof, a 12.3-inch touchscreen infotainment system, and an 8-inch digital instrument cluster.

It also has advanced safety features like adaptive cruise control, lane departure warning, and blind-spot detection.

Overall, the MG Gloster is a premium SUV that promises a comfortable and safe driving experience.

MG Gloster

Specifications

  • Engine capacity: 2.0-litre diesel engine

  • Transmission: AT

  • Seating capacity: 7

  • Price: Rs. 33 lakh to Rs. 43 lakh

7. Toyota Hilux

The Toyota Hilux is a lifestyle pickup truck that offers impressive off-road performance, a spacious cabin, and advanced safety features.

It is available in a range of engine options, including a powerful 2.8-litre turbo diesel engine.

The Hilux also features a more modern and refined interior with a larger infotainment screen and improved connectivity options.

Additionally, Toyota has made improvements to the Hilux's suspension, brakes, and chassis, resulting in a smoother and more comfortable ride both on and off the road.

Overall, the new-generation Toyota Hilux is a reliable and practical pickup truck that is built to last.

Toyota Hilux

Specifications

  • Engine capacity: 2.8-litre diesel engine

  • Transmission: AT/MT

  • Seating capacity: 5

  • Price: Rs. 31 lakh to Rs. 38 lakh

8. Volkswagen Tiguan

The Volkswagen Tiguan is a versatile SUV that boasts a sleek, modern design and a range of advanced features.

With its spacious and comfortable interior, it's the perfect vehicle for families or anyone who wants a practical yet stylish ride. 

The Tiguan comes with a range of engine options, including a powerful 2.0-litre turbocharged engine that delivers excellent performance and efficiency.

The car also offers a range of safety features, including adaptive cruise control, lane departure warning, and automatic emergency braking.

With its combination of style, practicality, and advanced technology, the new-generation Tiguan is a top choice for anyone in the market for an SUV, making it one of the best cars in India under 40 lakh.

Volkswagen Tiguan

Specifications

  • Engine capacity: 2.0-litre

  • Transmission: AT

  • Seating capacity: 5

  • Price: Rs 35 lakh to Rs. 37 lakh

9. Skoda Superb

The Skoda Superb is a stylish and sophisticated sedan that offers a range of features to suit any driver's needs. With its elegant exterior design and spacious interior, the Superb is the perfect vehicle for anyone who wants to make a statement on the road. 

The car boasts a range of advanced features, including adaptive cruise control, lane departure warning, and automatic emergency braking, to ensure maximum safety on the road. 

The Superb also offers a range of engine options, including a powerful 2.0-litre turbocharged petrol engine that delivers excellent performance and efficiency. With its combination of style, technology, and practicality, the new-generation Skoda Superb is a top choice for anyone in the market for a premium sedan.

Skoda Superb Car Insurance

Specifications

  • Engine capacity: 2.0-litre petrol engine

  • Transmission: AT

  • Seating capacity: 5

  • Price: Rs. 31 lakh to Rs. 38 lakh

10. Skoda Kodiaq

The Skoda Kodiaq is a versatile and spacious SUV that offers a range of features to suit any driver's needs.

With its sleek exterior design and comfortable interior, the Kodiaq is the perfect vehicle for families or anyone who wants a practical yet stylish ride. 

The car boasts a range of advanced features, including adaptive cruise control, lane departure warning, and automatic emergency braking, to ensure maximum safety on the road. 

The Kodiaq also offers a range of engine options, including a powerful 2.0-litre turbocharged petrol engine that delivers a solid performance.

With its combination of style, technology, and practicality, the new-generation Skoda Kodiaq is a top choice for anyone in the market for an SUV.

Skoda Kodiaq

Specifications

  • Engine capacity: 2.0-litre petrol engine

  • Transmission: AT

  • Seating capacity: 7

  • Price: Rs. 38 lakh to Rs. 42 lakh

11. Citroen C5 Aircross

The Citroen C5 Aircross is a sleek and stylish SUV that offers a range of features to suit any driver's needs.

With its unique exterior design and comfortable interior, the C5 Aircross is the perfect vehicle for anyone who wants a practical yet eye-catching ride. 

The car boasts a range of advanced features, including advanced comfort suspension, adaptive cruise control, and lane departure warning, to ensure maximum safety and comfort on the road. 

The C5 Aircross also offers a range of engine options, including a powerful 2.0-litre turbocharged diesel engine.

With its combination of style, technology, and comfort, the Citroen C5 Aircross is one of the best cars below 40 lakh in India.

Citroen C5 Aircross

Specifications

  • Engine capacity: 2.0-litre diesel engine

  • Transmission: AT

  • Seating capacity: 5

  • Price: Rs. 37 lakh onwards

Frequently asked questions on Best Cars Under 40 Lakhs in India

The following are some of the frequently asked questions regarding the top cars under 40 lakh in India.

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Which are the best 7-seater cars under Rs. 40 lakh?

Some of the best 7-seater cars under Rs. 40 lakh include the following.

  • Jeep Meridian

  • Kia Carnival

  • MG Gloster

  • Skoda Kodiaq

What are some of the top sedans available under Rs. 40 lakh?

The following are some of the best sedans below Rs. 40 lakh.

  • Skoda Superb

What are some of the luxurious SUVs available under Rs. 40 lakh?

The following are some of the luxurious SUVs available under Rs. 40 lakh.

  • Toyota Fortuner

  • Jeep Meridian

  • Hyundai Tucson

  • MG Gloster

  • Skoda Kodiaq

  • Volkswagen Tiguan

  • Citroen C5 Aircross

Disclaimer: The content on this page is generic and shared only for informational and explanatory purposes. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making any related decisions.

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