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Cars under Rs 40 lakh in Nepal

The realistic entry point to a new car in Nepal. Every model here starts under Rs 40 lakh ex-showroom for its base variant, with each price dated and sourced on its model page.

14 models · Prices checked between 27 Jul 2026 and 5 Nov 2026 (3 of 14 on 5 Nov 2026)

What do these terms mean?
Ex-showroom price
The car's showroom price. Registration, number plate, vehicle tax, insurance and any dealer charges may be added to your bill.
Variant / trim
A version of the same car. Two versions can have different batteries, engines, safety equipment and prices. Match the version on your dealer's quote.
Range
The claimed distance on one full charge. Hills, speed, weather, passengers and air conditioning can change it. WLTP, NEDC and CLTC are different test methods, so their numbers are not directly comparable.
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Prices at a glance

The 14 models in this selection range from Rs 18,75,000 to Rs 38,99,000 ex-showroom. These are the listed variants we track, not every variant on sale. Registration, provincial road tax, insurance and dealer charges can change the final amount.

Tracked model prices, fuel types and price verification dates
ModelEx-showroomFuelPrice dated
MG Comet EVRs 18,75,000EV2026-09-12
Tata Motors Tiago EVRs 28,99,000EV2026-10-25
BYD Atto 1Rs 30,75,000EV2026-11-05
Tata Motors TiagoRs 31,99,000Petrol2026-09-11
Hyundai Grand i10 NiosRs 33,56,000Petrol2026-09-11
Leapmotor T03Rs 34,00,000EV2026-11-05
Tata Motors Punch EVRs 34,99,000EV2026-07-27
Citroën ë-C3Rs 34,99,000EV2026-10-25
Nissan MagniteRs 35,75,000Petrol2026-10-25
Hyundai ExterRs 36,96,000Petrol2026-09-11
Tata Motors PunchRs 37,49,000Petrol2026-09-11
Tata Motors Nexon EVRs 38,99,000EV2026-07-27
Suzuki SwiftRs 38,99,000Petrol2026-10-25
Neta V50Rs 38,99,000EV2026-11-05

Open a model for its variant and source links. Edited by CarKathmandu Team. Selection methodology · Report a correction

Is this my final budget?

No. Use your province and the actual dealer charges to estimate on-road cost. Confirm insurance and any optional accessories separately.

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How should I compare these cars?

Compare the Nepal-market variant, warranty, service access, ground clearance and daily use. For EVs, check home charging and the stated range test cycle; advertised range is not a real-world guarantee.

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How do I check a monthly payment?

Use a loan estimate with your deposit, rate, fees and tenure. The calculator is an illustration; a lender must confirm eligibility and the final offer.

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  1. MG Comet EV — reference photograph; trim and market may differReference photo
    1

    MG Comet EV

    Rs 18,75,000

    A two-door city runabout, not a family car: an EV sized for one or two people and Kathmandu parking.

    EVHatchback145 mm clearance230 km (MIDC)
  2. Tata Motors Tiago EV — reference photograph; trim and market may differReference photo
    2

    Tata Motors Tiago EV

    Rs 28,99,000

    A proper four-door hatchback EV at a price that undercuts most petrol cars. The value entry point to electric motoring in Nepal.

    EVHatchback166 mm clearance315 km (MIDC)
  3. BYD Atto 1Photograph not yet available
    3

    BYD Atto 1

    Rs 30,75,000

    BYD's smallest electric car, at Rs 30,75,000 for the Dynamic. The Premium adds a bigger 38.88 kWh battery and six airbags for Rs 34,80,000.

    EVHatchback175 mm clearance230 km (WLTP)
  4. Tata Motors Tiago — reference photograph; trim and market may differReference photo
    4

    Tata Motors Tiago

    Rs 31,99,000

    The petrol Tiago. The EV version of the same car is in our dataset too, which makes it a clean test of what the running-cost gap is really worth.

    PetrolHatchbackNot stated clearance1,199 cc Revotron
  5. Hyundai Grand i10 NiosPhotograph not yet available
    5

    Hyundai Grand i10 Nios

    Rs 33,56,000

    Hyundai's entry hatchback and the natural rival to the Swift. The service network is the reason people pick it.

    PetrolHatchback165 mm clearance1.2L Kappa
  6. Leapmotor T03 — reference photograph; trim and market may differReference photo
    6

    Leapmotor T03

    Rs 34,00,000

    Current Nepal website MRP for the 37.3 kWh T03. Uses 265 km WLTP combined, not the larger urban-cycle figure. Confirm the delivered specification and stock.

    EVHatchbackNepal specification not verified clearance265 km (WLTP combined)
  7. Tata Motors Punch EV — reference photograph; trim and market may differReference photo
    7

    Tata Motors Punch EV

    Rs 34,99,000

    An EV with an SUV's ride height at hatchback money. Micro-SUV footprint, easy to park in the valley, and full EV running costs.

    EVSUV190 mm clearance315 km (MIDC)
  8. Citroën ë-C3Photograph not yet available
    8

    Citroën ë-C3

    Rs 34,99,000

    A simple, practical city EV with a conventional five-door hatchback body.

    EVHatchback180 mm clearance320 km (MIDC)
  9. Nissan Magnite — reference photograph; trim and market may differReference photo
    9

    Nissan Magnite

    Rs 35,75,000

    A petrol compact SUV at hatchback-adjacent money, and it still gets 205 mm of ground clearance.

    PetrolSUV205 mm clearance1.0L Turbo
  10. Hyundai Exter — reference photograph; trim and market may differReference photo
    10

    Hyundai Exter

    Rs 36,96,000

    Micro-SUV with a 5-star Bharat NCAP rating — unusually strong safety for the money, and 185 mm of clearance.

    PetrolSUV185 mm clearance1.2L Kappa
  11. Tata Motors Punch — reference photograph; trim and market may differReference photo
    11

    Tata Motors Punch

    Rs 37,49,000

    Tata's micro-SUV: hatchback money, 193 mm of clearance and a five-star Bharat NCAP result. One of the more affordable ways into a petrol SUV.

    PetrolSUV193 mm clearance1,199 cc Revotron
  12. Tata Motors Nexon EV — reference photograph; trim and market may differReference photo
    12

    Tata Motors Nexon EV

    Rs 38,99,000

    A value pick among Nepali EVs. 190 mm of clearance copes with broken tarmac, and it costs far less than the BYD Atto 3.

    EVSUV190 mm clearance312 km (claimed)
  13. Suzuki Swift — reference photograph; trim and market may differReference photo
    13

    Suzuki Swift

    Rs 38,99,000

    The evergreen hatch of Nepal. Parts are cheap and easy to find, and it can be serviced in almost every district.

    PetrolHatchback163 mm clearance1.2L Z12E
  14. Neta V50 — reference photograph; trim and market may differReference photo
    14

    Neta V50

    Rs 38,99,000

    The Nepal V50 uses a 50 kW motor and 40 kWh battery. Older Neta V articles can describe a different powertrain. Ask CG Motors to confirm stock, service, parts and warranty arrangements in writing.

    EVSUVNepal V50 clearance not verified clearance380 km (NEDC claimed)

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