4 Affordable Cars You Can Purchase with 500 Thousand Pounds

With rising costs affecting the auto market due to current economic conditions, many consumers are on the hunt for affordable, yet brand new “Zero” cars. Their aim? To find quality vehicles priced under 500 thousand pounds.

In this overview, we present insights from the Auto Club website, highlighting four such cars available in the Egyptian market, including models from 2024. These insights are based on the latest official price lists provided by local Egyptian dealerships.

1. Chery Arrizo 5

Offered by the GB Ghabbour Auto group, the Chery Arrizo 5 has seen its 2023 “M/T” model priced at 415 thousand pounds and its 2024 “M/T” variant at 485 thousand pounds. This sedan boasts a four-cylinder, 1500 cc engine delivering 114 horsepower and 141 Newton-meters of torque. With a seven-speed transmission, it accelerates from 0 to 100 km/h in just 11.5 seconds.

2. Suzuki Espresso

Priced at 404.9 thousand pounds for its manual 2022 model, the Suzuki Espresso’s 2024 automatic variant comes in slightly steeper at 499.9 thousand pounds, according to the local agent, Modern Motors. This compact sports car is powered by a 1000 cc three-cylinder engine, producing 67 horsepower and 90 Newton-meters of torque, mated to a five-speed gearbox.

3. BYD F3

Al-Amal Automotive Assembly and Manufacturing Company, exclusive agents for the BYD brand, priced the manual version of the 2024 BYD F3 model at 490 thousand pounds. This sedan features a 1500 cc four-cylinder engine, churning out 108 horsepower and 145 Newton-meters of torque, coupled with a five-speed transmission.

4. Suzuki Celerio

For the Suzuki Celerio, the 2022 MT/Ga model is available at 439.9 thousand pounds, the MT/GL variant at 449.9 thousand pounds, and the MT/GL Alloy version at 459 thousand pounds. Belonging to the hatchback segment, it’s powered by a 1000 cc three-cylinder engine. With its 65 horsepower and 89 Newton-meters of torque, this car, featuring a five-speed transmission, consumes an average of 3.7 liters of fuel per 100 km.

These options offer a range for consumers to find the perfect fit for their budget without compromising on quality or performance.