Mg M9 vs Petrol — Full Cost Comparison
Save ₹7.42 L over 5 years · Breakeven in just 308 months · 548 km range · 90 kWh
EV Cost/km
₹1.31
vs ₹7 petrol
Monthly Savings
₹6,828
vs petrol
Breakeven
308 mo
then pure savings
5-Year Savings
₹4.10 L
fuel alone
Year-by-Year TCO
| Year | Mg M9 | Petrol | Diff |
|---|---|---|---|
| Purchase | ₹69.90 L | ₹48.93 L | Petrol saves ₹20.97 L |
| Year 1 | ₹73.09 L | ₹53.12 L | Petrol saves ₹19.98 L |
| Year 2 | ₹76.29 L | ₹57.31 L | Petrol saves ₹18.98 L |
| Year 3 | ₹79.48 L | ₹61.50 L | Petrol saves ₹17.99 L |
| Year 4 | ₹82.68 L | ₹65.68 L | Petrol saves ₹16.99 L |
| Year 5 | ₹85.87 L | ₹69.87 L | Petrol saves ₹16.00 L |
Feature Comparison
Mg M9 vs Petrol Car — Is It Worth Switching to Electric?
The Mg M9 starts at ₹69.90 L ex-showroom, which is approximately ₹20.97 L more than a comparable petrol car at ₹48.93 L. However, the Mg M9 costs just ₹1.31/km to run vs ₹7/km for petrol — a 81% reduction in per-kilometer cost that quickly erases the upfront premium.
At 40 km of daily driving, the Mg M9 saves ₹6,828 every month on fuel. Add the maintenance savings of ₹5,534/month (EVs need no oil changes, fewer brake jobs, no exhaust repairs), and the total monthly advantage reaches ₹12,362.
The breakeven point — when cumulative savings equal the price difference — comes at approximately 308 months (25.7 years). After that, every month of ownership puts money back in your pocket. By year 5, the total cost of ownership stands at ₹85.87 L for the Mg M9 vs ₹69.87 L for the petrol equivalent.
Beyond cost, the Mg M9 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 M9 is both financially smart and environmentally responsible.