MG 4 EV vs Petrol — Full Cost Comparison
Save ₹5.89 L over 5 years · Breakeven in just 121 months · 300 km range · 30 kWh
EV Cost/km
₹0.8
vs ₹7 petrol
Monthly Savings
₹7,440
vs petrol
Breakeven
121 mo
then pure savings
5-Year Savings
₹4.46 L
fuel alone
Year-by-Year TCO
| Year | MG 4 EV | Petrol | Diff |
|---|---|---|---|
| Purchase | ₹30.00 L | ₹21.00 L | Petrol saves ₹9.00 L |
| Year 1 | ₹31.41 L | ₹23.37 L | Petrol saves ₹8.03 L |
| Year 2 | ₹32.81 L | ₹25.75 L | Petrol saves ₹7.06 L |
| Year 3 | ₹34.22 L | ₹28.12 L | Petrol saves ₹6.10 L |
| Year 4 | ₹35.62 L | ₹30.49 L | Petrol saves ₹5.13 L |
| Year 5 | ₹37.03 L | ₹32.87 L | Petrol saves ₹4.16 L |
Feature Comparison
MG 4 EV vs Petrol Car — Is It Worth Switching to Electric?
The MG 4 EV starts at ₹30.00 L ex-showroom, which is approximately ₹9.00 L more than a comparable petrol car at ₹21.00 L. However, the MG 4 EV costs just ₹0.8/km to run vs ₹7/km for petrol — a 89% reduction in per-kilometer cost that quickly erases the upfront premium.
At 40 km of daily driving, the MG 4 EV saves ₹7,440 every month on fuel. Add the maintenance savings of ₹2,375/month (EVs need no oil changes, fewer brake jobs, no exhaust repairs), and the total monthly advantage reaches ₹9,815.
The breakeven point — when cumulative savings equal the price difference — comes at approximately 121 months (10.1 years). After that, every month of ownership puts money back in your pocket. By year 5, the total cost of ownership stands at ₹37.03 L for the MG 4 EV vs ₹32.87 L for the petrol equivalent.
Beyond cost, the MG 4 EV produces zero tailpipe emissions (saving approximately 1752 kg of CO₂ per year), runs virtually silent, qualifies for Section 80EEB tax deduction (₹1.5 lakh on loan interest), and benefits from state road tax waivers and registration fee exemptions. The verdict: for most drivers covering 40+ km daily, switching to the MG 4 EV is both financially smart and environmentally responsible.