By Admin 
Mg comt ev on down payment and emi: If you are looking for an affordable and smart electric car for the office or daily commute inside the city, then MG COMET EV can be a great option for you.
This car is currently one of the cheapest electric cars in India, which has an initial ex-showroom price of 7.35 lakhs. The on-road price of its Executive variant in Delhi is around 7.75 lakhs, including insurance, RTO and other charges. If your monthly income is 30,000 to buy the base variant of Mg ComeT EV, then you can finance this car by giving a down-payment of Rs 1 lakh.
How much will you have to pay down-payment and EMI?
According to EMI calculation, for the remaining 6.75 lakhs, if the bank gives a loan for a period of 5 years (60 months) at an interest rate of 9%, then you will have to pay a installment of about 14,000 every month. About 1.65 lakh extra will have to be paid as total interest in this period. However, it depends on the conditions of the calculation bank, your CIBIL score and the finance policy of the dealership, so the amount of EMI may be slightly up and down.
Battery, motor and range
Talking about the battery, motor and range, the MG COMET EV provides a lithium-ion battery of 17.3 khh, which generates 41.42 bhp power and 110 Nm of torque with a single motor setup. This car gives a range of 230 km in full charge once certified by ARAI, which is enough for the use of the city. This electric car has three driving modes, Eco, Normal and Sports, which facilitates customizing performance for different riding needs. It takes about 7 hours to charge 0 to 100% with the help of 3.3 kw AC charger.
Of mg comt Safety features
Talking about safety features, MG COMET EV has many advanced features like dual front airbags, ABS + EBD, Electronic Stability Control (ESC), Hill Hold Assist, Tire Pressor Monitoring System (TPMS) and reverse parking camera.
Also read: EV concept car of Jaguar Type 00 ready for entry in India, will be presented next month, know features and range