MG Windsor EV vs MidSize SUV Comparison on running & ownership cost + BAAS battery rental explained

Summary

In this video, the presenter discusses the financial benefits of owning the MG Windsor, an electric mid-size SUV, compared to a conventional compact SUV. Key highlights include low initial costs, reduced running expenses, and an attractive buy-back scheme after three years. The video breaks down ownership costs over five years, illustrating potential savings. It also addresses questions about battery warranties and charging costs, emphasizing the vehicle's suitability for urban use despite range anxiety for long trips. Viewers are encouraged to subscribe for more insights and detailed comparisons.

Takeaways

• 😀 You can save ₹10,463 over 60 months with a mid-size SUV like the Windsor compared to other options.
• 🚗 The Windsor offers the cost of a compact SUV while providing the space of a mid-size SUV.
• 💰 Monthly EMI for the Windsor is approximately ₹18,552, which is lower than traditional mid-size SUVs.
• 🔋 The Windsor features unlimited warranty on the battery, available for the first owner, adding significant value.
• 📊 A buy-back scheme is offered after 3 years, with specific conditions for maintenance to keep the car in good condition.
• 💡 Running costs for the Windsor are significantly lower, with charging costs around ₹1 per kilometer at home.
• ⚡ Initial cost savings for EVs make them financially attractive in the long run compared to petrol vehicles.
• 🛠️ Maintenance costs for EVs are generally lower than those for petrol vehicles, as they don't require frequent oil changes.
• 📅 The video provides a detailed analysis of ownership costs over 5 years, emphasizing the financial benefits of the Windsor.
• 🔄 While the Windsor excels as an urban vehicle, it may face challenges like range anxiety on long-distance trips.

Q & A

What is the initial cost of the mid-size electric SUV mentioned in the script?

The initial cost of the mid-size electric SUV, specifically the Windsor, is ₹10 lakh.

How much loan is taken for the Windsor, and what is the EMI?

A loan of approximately ₹8.94 lakh is taken for the Windsor, resulting in a monthly EMI of around ₹18,552.

What are the estimated monthly running costs for the Windsor?

The estimated monthly running costs for the Windsor are approximately ₹4,500.

How do the running costs of the Windsor compare to those of a petrol mid-size SUV?

The running costs of the Windsor are significantly lower than those of a petrol mid-size SUV, resulting in a monthly saving of ₹1,695.

What are the total savings over five years when choosing the Windsor?

The total savings over five years when choosing the Windsor amount to approximately ₹10,463.

What kind of warranty is offered with the Windsor?

The Windsor offers an unlimited warranty for the first owner, while subsequent owners receive a three-year warranty.

Is there a buyback scheme associated with the Windsor, and how does it work?

Yes, there is a buyback scheme that allows MG to buy back the vehicle after three years, provided the owner purchases a maintenance pack to ensure the car is in good condition.

What are some of the challenges mentioned regarding owning an electric SUV like the Windsor?

Some challenges include range anxiety and the availability of charging stations, especially for long-distance travel.

How does the Windsor's charging cost compare to petrol costs?

The charging cost for the Windsor is about ₹1 per kilometer, while petrol vehicles typically cost around ₹7-8 per kilometer, making the Windsor more economical.

What additional features can be expected in higher versions of the Windsor?

Higher versions of the Windsor include additional features like a glass roof and enhanced technology, making them more appealing.