MG 5 EV vs Petrol — Full Cost Comparison
Save ₹5.50 L over 5 years · Breakeven in just 116 months · 420 km range · 60 kWh
EV Cost/km
₹1.14
vs ₹7 petrol
Monthly Savings
₹7,032
vs petrol
Breakeven
116 mo
then pure savings
5-Year Savings
₹4.22 L
fuel alone
Year-by-Year TCO
| Year | MG 5 EV | Petrol | Diff |
|---|---|---|---|
| Purchase | ₹27.00 L | ₹18.90 L | Petrol saves ₹8.10 L |
| Year 1 | ₹28.33 L | ₹21.14 L | Petrol saves ₹7.19 L |
| Year 2 | ₹29.65 L | ₹23.37 L | Petrol saves ₹6.28 L |
| Year 3 | ₹30.98 L | ₹25.61 L | Petrol saves ₹5.37 L |
| Year 4 | ₹32.30 L | ₹27.85 L | Petrol saves ₹4.45 L |
| Year 5 | ₹33.63 L | ₹30.08 L | Petrol saves ₹3.54 L |
Feature Comparison
MG 5 EV vs Petrol Car — Is It Worth Switching to Electric?
The MG 5 EV starts at ₹27.00 L ex-showroom, which is approximately ₹8.10 L more than a comparable petrol car at ₹18.90 L. However, the MG 5 EV costs just ₹1.14/km to run vs ₹7/km for petrol — a 84% reduction in per-kilometer cost that quickly erases the upfront premium.
At 40 km of daily driving, the MG 5 EV saves ₹7,032 every month on fuel. Add the maintenance savings of ₹2,138/month (EVs need no oil changes, fewer brake jobs, no exhaust repairs), and the total monthly advantage reaches ₹9,170.
The breakeven point — when cumulative savings equal the price difference — comes at approximately 116 months (9.7 years). After that, every month of ownership puts money back in your pocket. By year 5, the total cost of ownership stands at ₹33.63 L for the MG 5 EV vs ₹30.08 L for the petrol equivalent.
Beyond cost, the MG 5 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 5 EV is both financially smart and environmentally responsible.