You can save full 10 lakhs in 5 years with this EV, priced at Rs 9.99 lakhs
MG Windsor EV vs ICE Compact: Whenever there is talk of any best EV in the Indian market, the name of MG Windsor EV comes first. This is India's bestselling EV, which comes with many great features along with an affordable price. After buying India's bestselling EV MG Windsor, you can save a full 10 lakh rupees in 5 years. Here we are going to tell you the complete calculation of per kilometer cost and EMI.
India's bestselling EV
The big thing is that compared to the petrol version, you can save a full 10 lakhs in 5 years with this EV. Now you must be wondering how this can happen, so here we are going to tell you it's complete calculation.
What is the calculation of buying on EMI?
The starting price of MG Windsor EV is Rs 9 lakh 99 thousand while the cars competing with it start from Rs 15 lakh. Registration/TCS/insurance of Rs 75 thousand is charged on Windsor EV. If you buy this car by paying a down payment of Rs 1 lakh 80 thousand, then you will have to take a car loan of Rs 8.94 lakh.
You will have to pay this money for 36 months at an interest rate of 9 percent, for which you will have to pay an EMI of Rs 28 thousand 429 every month.
Registration/TCS/insurance of Rs 1 lakh 59 thousand 840 is charged on compact ICE SUV. After paying a down payment of Rs 1.8 lakh, you will have to take a car loan of Rs 9.78 lakh.
For mid-size SUV, this car loan will be Rs 14 lakh 58 thousand. Talking about the EMI of these two SUVs, the EMI for the compact ICE SUV will be Rs 31,127 per month, while the EMI for the mid ICE SUV will be Rs 46,364.
How much will it cost per kilometer?
If you compare the per kilometer cost of MG Windsor EV with compact ICE SUV and mid ICE SUV, you will see a different picture. The battery rental per kilometer of MG Windsor EV is Rs 3.5 and its charging cost will be Rs 1. Talking about compact ICE SUV and mid ICE SUV, its per km cost is Rs 8.
If our car runs 1500 km every month, then the cost of Windsor will be Rs 6,750 in a month. At the same time, this cost of compact ICE SUV and mid ICE SUV will be Rs 12,000.
How will 10 lakh rupees be saved in 5 lakhs?
After adding EMI and per kilometer cost, Rs 35,179 will have to be paid every month for MG Windsor EV. While the cost for compact ICE SUV and mid ICE SUV will be Rs 43 thousand 127 and Rs 58 thousand 364 respectively. If you buy MG Windsor SUV in comparison to compact ICE SUV, then you will save Rs 4 lakh 20 thousand 668 in 5 years. On the other hand, if you buy MG Windsor in comparison to mid ICE SUV, then you will save Rs 10 lakh 17 thousand.
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