Does the MG Windsor EV battery-as-a-service make economic sense?

[@Dayorg716]

Outright purchase of an EV makes sense if the running is high. Also, one needs to consider the interest cost on the battery cost. Interest on 5 additional lacs, @9% is 45k. One can pay for running 10k km in this.

[@jagadeesanpalanivel4036]

there's a caveat to the Rs. 3.5/km charge. minimum 1500 km/month lowercap. So the lowest mileage should be 18k km per year or 54k km for 3 years in your examples. Also the 3 year buy back is applicable only if you buy the shield plan and the price of that plan is not revealed yet. Ideally you should include that in your breakeven calculations

[@shashiy4545]

There is zero use zero pay option also...

[@padmakumar5994]

Have to pay GST to on the service provided right? Then cost will be more .

[@IdoCareForPeople]

@@padmakumar5994 use a caculator you willl understand..its a lots cheaper than buying 19 lakh automatic car..of the same size...

[@shashiy4545]

@@padmakumar5994 3.5 ra is inclusive of GST

[@srirampaga2249]

Please consider the warrenty of the battery given with other brands. For the sake of calculation lets consider TATA(Having largest market share and have similar price range cars) MG subscription model needs you to sell the car in 3 years to get 60% after which redo the calculation for next 3 years again. similarly calculate the cost for TATA or other car which lets say 6 years warrenty for calculation purpose.

[@jagadeesanpalanivel4036]

but windsor has lifetime battery warranty

[@uaeindi]

Windsor has lifetime battery warranty for 1st owner and 8 years 1.6 lakhs kms for subsequent owners

[@anujgupta7535]

B-A-A-S is the only way ev could be made sustainable in India. Else the costing would kill the ev market until the unit cost of manufacturing a battery become 1/3 of the current price

[@anujgupta7535]

And the 3-60 buy back is for only if you drive to 45,000 kms in 3 years

[@dp622]

Range is not good either Plus what about battery replacement

[@DrDre-sy2kv]

I drive my car daily still couldn't finish 10000km in 1 year 😂😂😂

[@vjviju8125]

Because petrol price is 103..if it would be 50 .then it would be 1lakh

[@ajayshah55]

good scheme for taxi, tourism purpose.... little reasonable like km 2.50 rs...

[@karthiktss6808]

25K is way too many kms per year. I think the average is around 15K per year. Specially for someone who drives mostly in the City (due to the EV range limit) who are the target audience for this rental plan.

[@jaychandrakb3602]

you left out a few important points 1) charging is free for one year ,, - any number of times ,, so that's a saving of a rupee per km straight away ,, 2) with govts solar roof policy - lot of houses hav or on d brink of getting free electricity 3) ur wrong in saying , if one uses car more , then u r going to lose lot of money ,,, it's the same with a petrol car too ,,, 4) it will b a big hit as a taxi as charging even daily is free for a year ,,

[@akshay28aug]

3.5/km + GST I believe

[@Amarrdiipkumaarr]

Nice analysis. Please share excel sheet of different comparison

[@zoeb-vora]

you are missing a nuance of the sell back to MG. it is going to be less than 6 lacs.. it is 60% of the assured resale value .. after three years the re-sale value is going to be 50% ie. 5 lacs. 60% of 5 lacs u will get back only 3 lacs. 😀😀😀

[@Shirishddk]

। drive in city 6000 km / year . should l go for Windsor ?

[@6365bharath]

There's a vendor who accepts pay as you go. I would recommend going for it. 6000 kms would be 20000 a year

[@RahulSingh-2024]

Ye B CHOW KA HAI BEY?

[@EasyPost99]

Nice analysis

[@raksforever]

Sir, you are a mathematician but a brainless mathematician.... If other petrol cars and Diesel cars use free petrol and free Diesel from your garden then all these shitty depreciation values will hold good... Otherwise a petrol car is Rs 10 per km and Diesel is Rs 8.9 per km.... So don't confuse our KZbin University people with only electrical usage depreciation.... You look like a perfect KZbin University professor...