An increase in new prices also affects the preowned market. So if you are looking forward to get CITY OR COROLLA in this budget, you will have to compromise on the condition of the car.
Also, this decision depends on the usage. If you are looking to drive a vehicle more than 1000km in a month, I don't think CITY or COROLLA will be physible but if you are going to have it just as a family car then it may be a good decision.