Best cars under Rs 15 lakh to buy in 2021 | Economic Times

In collaboration with Kartikeya SingheeET Wealth, in collaboration with Cardekho.com, brings to you some of the vehicles expected to be launched this year. We have categorised five of the top choices in three price ranges: below Rs 7 lakh, between Rs 7 and Rs 15 lakh and between Rs 15 and Rs 40 lakh.We tell you what to expect in each vehicle and its specifications. Additionally, we have provided the approximate resale value after three years, the monthly running cost you are likely to incur and the loan EMI if you choose to finance the vehicle from a bank. Here are our top picks for the between Rs 7-15 lakh category. Best cars between Rs 7 lakh & Rs 15 lakhSkoda Rapid Successor 80421190Note: Picture of an older model has been used as the new model’s pictures are not available.Price: Rs 9-15 lakh (expected)Expected launch: End 2021Running cost (30 km/day per month): Rs 4,260Loan EMI (loan for 5 years, 80% financed at 9.25% interest): Rs 14,919Expected resale (after 3 years): Around Rs 6-8 lakhSpecifications- Fuel type: PetrolEngine capacity: 1.0-litre turbocharged TSI petrolMileage: Up to 18 kmpl Skoda’s Rapid Successor will be based on the same MQB A0 IN platform that will underpin the upcoming Skoda Kushaq compact SUV. It will not only feature a completely new design with bigger proportions, but will also get a new name. It will be powered by the same 1.0-litre TSI petrol engine that powers the Rapid and will have 110 PS and 175 Nm, mated either to a 6-speed manual transmission or a 6-speed torque converter automatic. The new compact sedan is likely to be loaded with features like (up to) six airbags, electronic stability control, hill launch assist, auto AC with rear AC vents, auto dimming IRVM, digital instrument cluster and a large touchscreen infotainment system with Apple CarPlay and Android Auto.Volkswagen Vento 80421194Note: Picture of an older model has been used as the new model’s pictures are not available.Price: Rs 9-14 lakh (expected)Expected launch: End 2021Running cost (30 km/day per month): Rs 4,260Loan EMI (loan for 5 years, 80% financed at 9.25% interest): Rs 14,919Expected resale (after 3 years): Around Rs 6-8 lakhAlso read: Best cars under Rs 40 lakh to buy in 2021Specifications- Fuel type: PetrolEngine capacity: 1.0-litre turbocharged TSI petrolMileage: Up to 18 kmpl VW is working on the next-gen Vento and will share its underpinnings with Skoda Rapid, that is, the MQB A0 IN platform. It will be powered by the same 1.0-litre turbocharged petrol engine as the current Vento, which comes with 110 PS and 175 Nm paired to either a 6-speed MT or a 6-speed AT. Although the sedan has not been spied testing yet, we expect it to be bigger than the current-gen model. Like other modern Skoda-Volkswagen cars, expect the new Vento to be loaded with features like multiple airbags, electronic stability control, hill launch assist, digital instrument cluster, auto AC and a large touchscreen infotainment system with Apple CarPlay and Android Auto.Skoda Kushaq 80421203Price: Rs 10-16 lakh (expected)Expected launch: Mid 2021Running cost (30 km/day per month): Rs 4,260Loan EMI (loan for 5 years, 80% financed at 9.25% interest): Rs 16,576Expected resale (after 3 years): Around Rs 8-13 lakhSpecifications- Fuel type: PetrolEngine capacity: 1.0-litre & 1.5-litre turbocharged TSIMileage: Up to 18 kmpl Kushaq is Skoda’s upcoming compact SUV based on the Vision IN concept and is also underpinned by the MQB A0 IN platform. The SUV has already been spotted testing in the country and it looks similar to the concept. Under the hood, it is likely to offer two engine options: 1.0-litre turbocharged TSI from the Rapid (110 PS/175 Nm) and 1.5-litre turbocharged TSI (150 PS/ 250 Nm) from the Karoq. While the 1.0-litre engine is expected to be offered with a 6-speed MT and 6-speed AT, the 1.5-litre unit is likely to come with a 7-speed DSG (dual-clutch automatic) only. Kushaq is expected to be packed with features such as multiple airbags, digital instrument cluster, sunroof, a large touchscreen infotainment system with Apple CarPlay and Android Auto and auto AC.Volkswagen Taigun 80421216Price: Rs 10-16 lakh (expected)Expected launch: Mid 2021Running cost (30 km/day per month): Rs 4,260Loan EMI (loan for 5 years, 80% financed at 9.25% interest): Rs 16,576Expected resale (after 3 years): Around Rs 8-13 lakhSpecifications- Fuel type: PetrolEngine capacity: 1.0-litre & 1.5-litre turbocharged TSIMileage: Up to 18 kmpl What rapid is to Vento, Taigun will be to Kushaq. It will be underpinned by the same MQB A0 IN platform and powered by the same set of engines. Taigun will also look similar to its near-production model showcased at Auto Expo 2020. Up front, it features VW’s family look with a horizontally slatted grille flanked by multi-barrel headlamps. The side profile looks clean with a sharp shoulder line running across the length. At the back, it gets Sonet-like styling with connected tail lamps. Inside, expect it to have a minimalistic layout and loaded with features like multiple airbags, digital instrument cluster, sunroof, and large touchscreen infotainment system.Also read: Best cars under Rs 7 lakh to buy in 2021Mahindra Scorpio 80421221Price: Rs 12-17 lakh (expected)Expected launch: End 2021Running cost (30 km/day per month): Rs 5,112Loan EMI (loan for 5 years, 80% financed at 9.25% interest): Rs 19,891Expected resale (after 3 years): Around Rs 9-12 lakhSpecifications- Fuel type: Petrol, dieselEngine capacity: 2.0-litre turbo petrol; 2.2-litre dieselMileage: Up to 15 kmpl Mahindra has been working on the newgen Scorpio for a while, but recently it was spotted in near-production form. It gets the typical Mahindra grille with vertical slats and dual-barrel headlamps. The side profile looks boxy, similar to the current-gen model. Inside, it is expected to get a completely redesigned cabin. Features should include multiple airbags, electronic stability control, hill launch assist, a larger touchscreen infotainment system with Apple CarPlay and Android Auto, electric sunroof, powered driver’s seat and more. It is expected to share its engines with the new Thar, which gets a 2.0-litre turbo petrol (150 PS/ 320 Nm) and a 2.2-litre diesel engine (130 PS/ 300 Nm).Note: *All prices are expected ex-showroom. Petrol price in Delhi on 19 Jan 2021: Rs 85.2/litre. Diesel price in Delhi on 19 Jan 2021: Rs 75.4/litre. Calculations for running cost and loan EMI are based on expected prices, and are indicative.