• Source:JND
Add as a preferred

MG Comet EV: The MG Comet EV was introduced in the country in 2023, and it has remained the most affordable electric car in the country ever since. The MG Comet is sold with BaaS (Battery as a Service), along with a battery-fitted version. The prices of the BaaS version start from Rs 4.99 lakh (ex-showroom), while the battery-fitted version is priced between Rs 7.49 lakh (ex-showroom) and Rs 10 lakh (ex-showroom). Cars are often considered a liability, but do you know that the MG Comet proves itself as an asset, as it returns more than its original cost after 5 years? Let’s take a look at the 5-year calculation to understand this better.

MG Comet: More Valuable Than An ICE?

The MG Comet EV evolves into a more significant asset than any Internal Combustion Engine (ICE) vehicle in 5 years. To begin with, the Comet EV has a running cost of around Rs 0.6 per kilometre, whereas a petrol car costs approximately Rs 6.5. A petrol car’s fuel cost stands at around Rs 7,800 for a month, whereas the Comet EV costs Rs 720 for a month’s running (For Around 1200 Kilometres). Given the lower running costs and fuel costs, we can state that the MG Comet is far more beneficial than any ICE vehicle.

Also Read: BMW F 450 GS Launched For Rs 4.70 Lakh; Check Variant-Wise Pricing Here

How MG Comet Is An Asset?

Let’s assume that a person buys the battery-fitted version of the MG Comet for Rs 10 lakh. As per the abovementioned data, a person can save Rs 7,080 monthly. This way, a person can save Rs 84,960 (7,080x12) in one year, and up to Rs 4,24,800 in 5 years. The government provides a depreciation benefit on EVs, which stands at around 40 per cent of the total value after 5 years. This way, the Comet EV owner will have around Rs 4 lakh after 5 years.

Additionally, the brand also offers a buyback program, and the Comet EV owner can redeem around 50 per cent of the value of the car after 5 years, which is Rs 5 lakh. Now, adding the fuel benefit, depreciation benefit, and the buyback program, the Comet EV provides savings of more than Rs 13 lakh, which exceeds by Rs 3 lakh the value at which it was bought.

Also Read: 2026 Skoda Slavia Facelift Launch Soon; Check Expected Features And Specs

MG Comet EV: Range & Charging

The MG Comet EV is powered by a 17.3 kWh battery pack, which is IP67-certified for dust and water protection. The battery powers a rear-mounted motor which generates 41 bhp and 110 Nm torque. The MG Comet EV has an ARAI-claimed range of 230 kilometres, once fully charged. The range is more than adequate for daily in-city commuting, and it also offers three drive modes: Eco, Normal, and Sports. The Comet EV can be charged from 0 to 100 per cent using the 7.4 kW charger, while it can be charged from 0 to 100 per cent in around 7 hours using the 3.3 kW charger.

Also Read: Maruti Suzuki Baleno Facelift To Launch Soon; Here’s What To Expect

MG Comet EV: Practicality At Its Best

The MG Comet EV is a dedicated urban commuter, and it has a length of 2974mm. Thanks to its compact size, the Comet EV can easily squeeze into tight parking spaces and manoeuvre through dense city traffic with ease. Despite its compact size, the Comet EV can easily accommodate 4 passengers inside the cabin. While it is compact, the Comet EV is designed to provide an ample amount of legroom and headroom to the passengers.

Also Read: Mahindra Scorpio N Facelift Spied Again; Here’s What To Expect

MG Comet EV: Features

Despite its compact size, the MG Comet EV comes with a feature-loaded cabin. The Comet EV features a dual-display setup inside the cabin, with a 10.25-inch touchscreen infotainment system and a similarly sized fully digital instrument cluster. The Comet EV also features wireless Apple CarPlay and Android Auto connectivity, voice commands, a digital key, a tyre pressure monitoring system, two airbags, rear parking sensors, ABS with EBD, ISOFIX child seat mounts and more.


Also In News