Recently, the country’s cheapest electric car MG COMET EV has been introduced with new updates. Now this car has become more safe and feature-loaded than before. This electric car with an initial price of Rs 7 lakh (ex-showroom) is a great option for those who buy EV in a low budget.

Even if your monthly salary is up to 30 thousand rupees, you can also easily buy MG COMET EV on EMI. Let us know the entire account of this vehicle’s on-road price, EMI and finance plan.

What is the price of Mg COMET Ev?

The on-road price of the new Mg COMET EV starts from around Rs 7.30 lakh. If you make a down payment of Rs 1 lakh, then you will have to take a loan of 6.30 lakh rupees. The interest rate of this loan will be estimated at 9.8% per year and the duration of repaying it will be 5 years.

According to this, every month you will have to pay an EMI of Rs 13,400. Overall, your total payment will be around 8 lakh rupees in 5 years, including both the original loan amount and interest. However, there may also be a slight difference in the on-road price of Mg COMET EV in different cities.

Great features and performance

Mg COMET EV is also quite spectacular in terms of features and performance. It is a compact 4-seater electric car designed to run especially in cities. It has a lithium-ion battery of 17.3 kwh, which runs up to 230 km once charged. This car comes with AC fast charging support.

Safety and Technology

In terms of safety and technology, this car is equipped with dual airbags and rear parking camera. It also has facilities like power-folding orvms, electronic parking brakes and ABS + EBD with disk brakes, which make it more safe.

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