Wheels are the main component of the car. The wheels with the tyre provide the better cushioning effect to the car without an engine car may be towed but without wheels, the car cannot be towed. The main requirement of the vehicle is it must be perfect to perform its all function. Reverse engineering is not a method to redesign the old component. The wheels have to pass the different test for best performance like static and vibration analysis etc. design is an important manufacturing activity which provides the quality of the product the 3-D model of alloy wheel design using the technology reverse engineering and CATIA V5 software and further, it was imported to ANSYS. The static fatigue and dynamic analysis were performed. This was constrained in all degrees of freedom at the bolt. Similarly based on the weight, the thickness of the rim and spoke are varied to attain different mos. Also changing the number of spoke wheel models is prepared and analysis is done. From the analysis done in the project, it can be concluded that the wheel made of magnesium alloy is better as compared to Al alloy1 wheels. As the stresses developed in the magnesium wheel are less as well1 as the S-N1 curve of the Mg wheel is better under load condition.