Cheap Electric Car: The MG Comet EV is often recognized as the most affordable electric vehicle in the country. Recently, the price of this model has seen an increase; however, it remains competitively priced. For those considering the purchase of an electric car at a reasonable cost, this presents an excellent opportunity. In this discussion, we will outline the on-road price and financing options for this MG vehicle.
Avarage price range
The ex-showroom price for the MG Comet EV begins at Rs 7 lakh, while the top variant is priced at Rs 9.65 lakh. In Delhi, the purchase price is approximately Rs 7.50 lakh. We will also provide details on financing the base model of this car.
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EMI calculation on a down payment of Rs 50,00
To acquire the MG Comet EV in Delhi, a down payment of Rs 50,000 is required, necessitating a bank loan of Rs 7 lakh. Assuming an interest rate of 8 percent over a four-year term, the monthly EMI would amount to Rs 17,000, culminating in a total repayment of Rs 8.20 lakh to the bank over the four years. The vehicle is equipped with a 17.3 kWh battery pack, delivering a power output of 42 PS and a torque of 110 Nm. Additionally, it features a 3.3 kW charger, allowing for an 80 percent charge in approximately 5 hours.
Features
A full charge takes around 7 hours; however, utilizing a 7.4 kW AC fast charger can reduce the charging time from 0 to 80 percent to just 2.5 hours. According to the manufacturer, the MG Comet EV offers a range of 230 km on a single full charge. Notable features of the vehicle include a 10.25-inch infotainment screen, a digital instrument cluster, turn-by-turn navigation, and real-time traffic updates along with weather information.
Note: Prices may vary slightly depending on location, dealer, and model variant. It’s always recommended to check with your local dealer for the most accurate pricing and availability information.