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- Book A Test Drive
- iSmart
- MG Hector
- MG ZS EV
- Connected Car
- Owners Manual
EV Savings Calculator India : Petrol/Diesel vs Electric Vehicles.
Calculate how much you can save on total ownership cost of your vehicle by switching to Electric Cars.
Compare cost benefits of Petrol/Diesel vs Electric Cars?
Your indicative 5-year ownership benefit
estimated with an MG EV
Disclaimer:
These figures are indicative estimates based on benchmark assumptions and inputs you provide. Actual outcomes may vary with driving behaviour, charging patterns, energy tariffs, regulatory changes, and other market conditions. This tool is for illustrative purposes only and does not constitute financial, tax or investment advice.
By using this calculator, you agree to the applicable Terms & Conditions.
Let's start with some basic Inputs to determine the vehicle of your choice to compare
Results are illustrative estimates based on your inputs and market assumptions.
Do you intend to protect your EV's Resale Value?
With MG's Unique Buyback Program, you can secure the 60% of the ex-showroom amount as the resale value.
MG Guaranteed Buyback
What is Buyback?
MG Motor offers a guaranteed buyback program — they commit to buying your EV back at a fixed % of ex-showroom price after a set period. This eliminates resale uncertainty and protects your investment.
Select buyback plan
Calculated at 60%* of ex-showroom.
Without a buyback guarantee, resale depends on market conditions. Set what you expect each vehicle to resell for.
⚠ Note: Buyback is a third-party policy bound by its own T&C on total km driven and vehicle quality. Verify eligibility with your dealer.
Please review your inputs before we generate your savings report for Petrol/Diesel vs EVs
Tune your estimate
Breakdown of the Indicative Savings that you can have by Switching to an Electric Vehicle
Each line is the 5-year difference between Petrol/Diesel and Electric Vehicle. Positive values mean Electric Vehicle saves money.
- Purchase price difference Petrol/Diesel on-road − Electric Vehicle on-road —
- Fuel vs electricity savings Lifetime petrol/diesel cost minus Electric Vehicle charging —
- Maintenance savings Electric Vehicle maintenance assumed 30% lower —
- Insurance difference Annual premium × 5 years —
- Resale / buyback value difference Computed on ex-showroom price (≈93% of on-road) —
Total Cost of Ownership
What makes up each vehicle's 5-year indicative cost
Cumulative Cash Outflow
Money spent over time — including purchase + running costs
Electric Vehicle starts with a higher upfront spend; lower running costs narrow (or reverse) the gap each year.
Year-by-Year Running Cost Savings
How operating costs (fuel/energy + maintenance + insurance) compare each year. Purchase & resale are excluded here — see the breakdown above for those.
| Year | Petrol/Diesel running cost | Electric Vehicle running cost | You save |
|---|---|---|---|
| Total | — | — | — |
This comparison is indicative and does not constitute financial, tax or investment advice.
Almost there!
Fill in your details to download your personalized EV savings report.
Figures are indicative estimates only.
