MG Comet EV Price ( ex-showroom & on-road) with EMI

MG Comet EV is an entry level car which is perfect for a city. It has 3 variants which are Pace, Play and Push. Let’s see what is Comet EV ex-showroom and on-road price of each and every variant in your city and what would be the bank interest rate if you opt for EMI instead of full payment.

The price is the biggest factor when you consider buying an electric car. As for now, in India the infrastructure for electric cars are not fit and fine, hence everybody looking for a car which they can take from home to office or office to home and here MG’s comet EV plays a good job as it fits in the budget and you can charge easily at home using the 3.3 KW AC charger.

We have covered the specifications and features about the MG Comet EV in a separate article, so if you haven’t checked it then read it now. This will give you a brief idea, what type of EV car it is!

Now let’s have a look at the price of MG Comet EV and see how much you have to spend to buy the base model and how much extra you have to pay for the top model of Comet EV.

Note: For EMI option, we have considered the down-payment of 20% and bank interest rate of 8.5%. The rate might be higher or lower based on the cibil score.

MG Comet EV price for base model (Pace)

• • Ex-showroom Price: ₹6.98 lakhs
  • Down Payment: ₹1.396 lakhs
  • Loan Amount: ₹5.584 lakhs
  • 5 Year Loan:
    • EMI: ₹11,900 per month
    • Total Interest Paid: ₹1,84,105
  • 7 Year Loan:
    • EMI: ₹10,100 per month
    • Total Interest Paid: ₹2,66,328

MG Comet EV price for 2nd base model (Play)

• • Ex-showroom Price: ₹7.88 lakhs
  • Down Payment: ₹1.576 lakhs
  • Loan Amount: ₹6.304lakhs
  • 5 Year Loan:
    • EMI: ₹13,500 per month
    • Total Interest Paid: ₹2,16,000
  • 7 Year Loan:
    • EMI: ₹11,300 per month
    • Total Interest Paid: ₹3,15,552

MG Comet EV price for top model (Plush)

• • Ex-showroom Price: ₹8.58 lakhs
  • Down Payment: ₹1.716 lakhs
  • Loan Amount: ₹6.864 lakhs
  • 5 Year Loan:
    • EMI: ₹14,500 per month
    • Total Interest Paid: ₹2,32,440
  • 7 Year Loan:
    • EMI: ₹12,100 per month
    • Total Interest Paid: ₹3,39,774

Though if you have more capacity to pay a down payment, then you can lower the EMI amount. The best thing is to try to pay at least 20% upfront with RTO and insurance or any other extra charges.

The MG Comet EV is a tempting option for urban EV enthusiasts. With its affordable pricing, multiple features, and appealing financing options, it’s a vehicle that makes responsible driving both exciting and accessible. Consider your preferred features, driving habits, and financial comfort level when deciding which Comet model is ideal for you and your budget. Take a test drive, compare EMI alternatives, and make an informed decision to get behind the wheel of your electric dream.