If you’re wondering whether you should buy the Tata Nexon petrol or Nexon EV then this article will help you come to a conclusion. Here, we’ll take the latest ex-showroom prices of the Nexon and look at the price difference between the Nexon petrol and Nexon EV. Based on the current petrol and electricity prices, we’ll calculate the kilometres you need to drive the Nexon EV to recover the higher upfront cost. This should help you decide which engine option of the Nexon will work best for you and save you money in the long run. Let’s start with the difference in their ex-showroom prices.
Let’s look at the latest ex-showroom prices of the Tata Nexon petrol and Nexon EV to see what extra cost you’re paying for the Nexon EV over the Nexon petrol.
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With the automatic transmission, the ex-showroom price for the Nexon EV is Rs. 5.3 lakh to Rs. 5.59 lakh higher than the Nexon petrol variants.
Note: Check your Car EMI with our - Car Loan EMI Calculator
Now, let’s compare the per kilometre fuel cost you’ll incur with both engine options. For this, we’ll use the latest petrol and electricity prices in Delhi and the official mileage figures as a baseline.
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The Tata Nexon EV will save you Rs. 5.05 per kilometre compared to the petrol automatic.
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Depending on which Nexon petrol automatic variant you choose, you’ll have to cover 1.05 lakh to 1.11 lakh kilometres with the Nexon EV to recover the extra price you pay upfront over the Nexon petrol.
Note: Check your car’s fuel cost with our - Fuel Cost Calculator in India
The Nexon EV costs Rs. 5.3 lakh to Rs. 5.6 lakh more than equivalent variants of the Nexon petrol. That’s a massive price difference one cannot ignore. However, the Nexon EV promises to save you a substantial Rs. 5.0 for every kilometre you drive. Since EVs have fewer wear and tear parts, you stand to gain even more with lower maintenance costs.
The kilometre-to-breakeven figure of around 1,00,000km seems somewhat reasonable. However, if you don’t go on spontaneous drives and don’t foresee any emergencies occurring while the battery is not adequately charged, then the Nexon EV is a suitable choice. For all other buyers, the Nexon petrol’s lower purchase price offers opportunity cost savings and the ability to tank up in 5 minutes, which will remain unbeatable even 10 years down the line.
So, the recommendation is not as straightforward as it typically is with a petrol-diesel comparison. For frequent city driving and high mileage usage, we suggest the Nexon EV over the Nexon petrol. Please note that the EV Max offers even longer range and extra features for not a lot of money. You should certainly consider spending a little more for the EV Max.
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