Thursday , December 26 2024

MG Windsor EV vs Compact ICE SUV vs Mid-size ICE SUV, which has more savings?


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MG Windsor EV vs ICE Compact SUV vs Mid ICE SUV: When it comes to the best Electric Vehicles (EV) in the Indian market, the name of MG Windsor EV comes first. This is India’s best selling EV, which comes with affordable price and great features.

With this electric SUV, you can save up to Rs 10 lakh in 5 years compared to the petrol version. You might be wondering how is this possible? Here we are presenting its complete comparison and calculation in front of you.

MG Windsor EV: Affordable EMI and low price

  • Starting price: ₹9.99 lakh
  • Registration/TCS/Insurance: ₹75,000
  • Down payment: ₹1.8 lakh
  • Loan amount: ₹8.94 lakh
  • Interest Rate: 9%
  • EMI (36 months): ₹28,429 per month

COMPACT ICE SUV:

  • Starting price: ₹15 lakh
  • Registration/TCS/Insurance: ₹1.59 Lakh
  • Down payment: ₹1.8 lakh
  • Loan amount: ₹9.78 lakh
  • EMI (36 months): ₹31,127 per month

Mid-ICE SUV:

  • Starting price: ₹20 lakh
  • Registration/TCS/Insurance: ₹2.5 lakh
  • Down payment: ₹1.8 lakh
  • Loan amount: ₹14.58 lakh
  • EMI (36 months): ₹46,364 per month

Cost per kilometer: MG Windsor EV vs ICE SUVs

parameters MG Windsor EV Compact ICE SUV Mid-size ICE SUV
Battery/Fuel per km ₹3.5 (Battery Rental) ₹8 (Petrol) ₹8 (Petrol)
charging cost ₹1 , ,
total cost per km ₹4.5 ₹8 ₹8

Monthly cost (1500 km/month):

  • MG Windsor EV: ₹6,750
  • Compact ICE SUV: ₹12,000
  • Mid-size ICE SUV: ₹12,000

How much will be saved in 5 years?

parameters MG Windsor EV Compact ICE SUV Mid-size ICE SUV
EMI (monthly) ₹28,429 ₹31,127 ₹46,364
cost per kilometer ₹4.5 ₹8 ₹8
total monthly expenses ₹35,179 ₹43,127 ₹58,364

Savings in 5 years:

  • Compared to Compact ICE SUV: ₹4,20,668
  • Compared to mid-size ICE SUV: ₹10,17,000

Why buy MG Windsor EV?

  1. Huge cost savings:
    • Savings of up to ₹10 lakh over mid-ICE SUVs over 5 years.
  2. Eco-Friendly:
    • Help in environmental protection by eliminating petrol consumption.
  3. Low Maintenance:
    • Maintenance and repair costs for EVs are lower than conventional vehicles.
  4. modern technology:
    • MG Windsor EV comes with excellent battery range, connected features, and futuristic design.