Tag Archives: purchasing

Get Savings Of Up To Rs 62,000 On Maruti Arena Cars This February

There’s an extra change bonus of Rs 5,000 on buying a brand new Wagon R or Swift, however provided that your previous automotive being traded in is lower than seven years previous

Offers on Maruti Arena cars in February 2024

  • Maximum reductions of as much as Rs 62,000 obtainable on the Alto K10.

  • Up to Rs 61,000 off on the Wagon R, S-Presso and Celerio.

  • The Dzire is being supplied with advantages of as much as Rs 37,000.

  • All presents legitimate until the top of February 2024.

After bringing to you the reductions on Maruti Nexa vehicles, we’ve now received our fingers on the advantages obtainable on Maruti’s Arena choices. The Alto K10, S-Presso and Wagon R are a few of the fashions drawing massive reductions in February 2024. That mentioned, the Ertiga and Brezza are nonetheless not part of the presents checklist.

Let’s try the model-wise reductions legitimate until the top of this month:

Alto 800

Maruti Alto 800

Offer

Amount

Exchange Bonus

Rs 15,000

Total Benefits

Rs 15,000

  • The above-mentioned profit is barely relevant to the prevailing stock of the Maruti Alto 800 because it has already been discontinued.

  • Maruti is providing the change bonus on all variants (together with CNG) of the hatchback, besides the entry-level Standard.

  • The Alto 800 was priced between Rs 3.54 lakh and Rs 5.13 lakh earlier than being discontinued.

Alto K10

Maruti Alto K10

Offer

Amount

Cash Discount

Up to Rs 40,000

Exchange Bonus

Rs 15,000

Corporate Discount

Rs 7,000

Total Benefits

Up to Rs 62,000

  • Maruti is providing the aforementioned financial savings solely on the AMT variants of the Alto K10.

  • If you wish to purchase the handbook and CNG variants of the hatchback, the money low cost reduces to Rs 35,000 whereas the change bonus and company low cost stay unchanged.

  • The Maruti Alto K10 is priced from Rs 3.99 lakh to Rs 5.96 lakh.

S-Presso

Maruti S-Presso

Offer

Amount

Cash Discount

Up to Rs 40,000

Exchange Bonus

Rs 15,000

Corporate Discount

Rs 6,000

Total Benefits

Up to Rs 61,000

  • These reductions can be found solely with the AMT variants of the Maruti S-Presso.

  • Its different variants (together with CNG) get a money low cost of Rs 35,000, whereas the opposite presents stay affected.

  • Maruti has priced the S-Presso between Rs 4.27 lakh and Rs 6.12 lakh.

Eeco

Maruti Eeco

Offer

Amount

Cash Discount

Up to Rs 15,000

Exchange Bonus

Rs 10,000

Corporate Discount

Rs 4,000

Total Benefits

Up to Rs 29,000

  • The petrol variants of the Maruti Eeco will be had with these reductions.

  • Maruti is providing the CNG variants of the MPV with a money low cost of Rs 10,000 whereas carrying on with the identical change bonus and company low cost.

  • The Eeco is priced within the vary of Rs 5.32 lakh to Rs 6.58 lakh.

Also Read: Maruti Ertiga Crosses 10 Lakh Sales, 4 Lakh Units Sold Since 2020

Celerio

Maruti Celerio

Offer

Amount

Cash Discount

Up to Rs 40,000

Exchange Bonus

Rs 15,000

Corporate Discount

Rs 6,000

Total Benefits

Up to Rs 61,000

  • Only the AMT variants of the Maruti Celerio get the above-mentioned advantages.

  • For these seeking to purchase the handbook and CNG variants, the carmaker is providing a money low cost of Rs 35,000 whereas carrying on with the identical change bonus and company low cost.

  • The compact hatchback is priced between Rs 5.37 lakh and Rs 7.10 lakh.

Wagon R

Maruti Wagon R

Offer

Amount

Cash Discount

Up to Rs 35,000

Exchange Bonus

Rs 15,000

Additional Exchange Bonus

Rs 5,000

Corporate Discount

Rs 6,000

Total Benefits

Up to Rs 61,000

  • The above-mentioned advantages can be found solely on the AMT variants of the Maruti Wagon R.

  • Maruti is providing the extra change bonus provided that the automotive that you’re buying and selling in for the brand new Wagon R is lower than seven years previous.

  • Its handbook variants include a money low cost of Rs 30,000 whereas it drops to Rs 15,000 in case of CNG trims. The change bonus and company low cost stay unchanged.

  • Maruti retails the Wagon R from Rs 5.55 lakh to Rs 7.38 lakh.

Swift

Maruti Swift

Offer

Amount

Cash Discount

Up to Rs 15,000

Exchange Bonus

Rs 15,000

Additional Exchange Bonus

Rs 5,000

Corporate Discount

Rs 7,000

Total Benefits

Up to Rs 42,000

  • Only the AMT variants of the Maruti Swift include these financial savings.

  • Maruti is providing the extra change bonus provided that the automotive that you’re buying and selling in for the brand new Swift is lower than seven years previous.

  • If you purchase the handbook variants of the hatchback, the money low cost comes all the way down to Rs 10,000. On the opposite hand, the Swift CNG is being supplied solely with an change bonus of Rs 15,000 and the company low cost of Rs 7,000.

  • For the Swift particular version, prospects should shell out Rs 23,400 additional. It nonetheless will get the change bonus of as much as Rs 20,000 (together with the extra change bonus) and the company low cost of Rs 7,000.

  • The Swift is priced from Rs 5.99 lakh to Rs 9.03 lakh.

Dzire

Maruti Dzire

Offer

Amount

Cash Discount

Up to Rs 15,000

Exchange Bonus

Rs 15,000

Corporate Discount

Rs 7,000

Total Benefits

Up to Rs 37,000

  • Maruti is providing these financial savings on the AMT variants of the Dzire.

  • For these choosing the MT variants, the money low cost is lowered to Rs 10,000 whereas different presents stay the identical.

  • The Maruti Dzire is priced between Rs 6.57 lakh and Rs 9.39 lakh.

Also See: 2024 Maruti Dzire Spied Testing For The First Time

Note: Discounts might differ relying on the state and metropolis. Please contact your nearest Maruti Arena dealership for extra particulars.

All costs are ex-showroom Delhi

Read More on : Alto on road price

Maruti Is Offering Benefits Over To Rs 1 Lakh On Nexa Cars This January

The advantages are being supplied with each MY 23 and MY 24 (manufacturing yr) shares

If you have an interest in buying a Maruti Nexa automotive this January, Maruti has rolled its gives throughout all the lineup, excluding the XL6. Both MY23 and MY24 Nexa models can be found with reductions this month, although vehicles manufactured in 2023 supply larger money advantages. The advantages comprise money reductions, alternate bonuses (with an non-obligatory scrappage bonus), and company reductions. Let’s delve into the model-wise supply particulars.

 Disclaimer:  Buying vehicles manufactured in 2023 could have an effect on their resale worth in comparison with shopping for an MY24 unit.

Maruti Ignis

Maruti Ignis

Amount

Offers

MY23

MY24

Cash Discount

Up to Rs 40,000

Up to Rs 25,000

Exchange Bonus

Rs 15,000

Rs 15,000

Scrappage Benefit (Optional)

Rs 20,000

Rs 20,000

Corporate Discount

Up to Rs 4,000

Up to Rs 4,000

Total Benefits

Up to Rs 59,000

Up to Rs 44,000

  • The advantages outlined above for the MY23 models of the Maruti Ignis apply completely to its guide transmission variants. For the AMT variants, the money low cost decreases to Rs 35,000.

  • Similarly, the reductions talked about above for the MY24 models of the Ignis are relevant on its guide transmission variants, and the identical goes right down to Rs 25,000 for the AMT variants.

  • Other advantages like alternate bonus and company low cost stay the identical.

  • Overall, the MY23 models of the Ignis are carrying as much as Rs 15,000 over the MY24 models.

  • Maruti Ignis is priced between Rs 5.84 lakh and Rs 8.16 lakh.

Also Check Out: Honda Elevate’s Introductory Prices Come To An End, City’s Prices Hiked Too

Maruti BalenoMaruti Baleno

Amount

Offers

MY23

MY24

Cash Discount

Up to Rs 25,000

Up to Rs 10,000

Exchange Bonus

Rs 15,000

Rs 15,000

Scrappage Benefit (Optional)

Rs 20,000

Rs 20,000

Corporate Discount

Up to Rs 2,000

Up to Rs 2,000

Total Benefits

Up to Rs 42,000

Up to Rs 27,000

 

  • Offers for the MY23 models of the Maruti Baleno are legitimate on its Delta, Zeta, and Alpha petrol variants. 

  • The base-spec Sigma petrol variant of the premium hatchback doesn’t include a money low cost, whereas for the CNG variants, the money profit reduces to Rs 15,000.

  • Discounts talked about for the MY24 models of the Baleno are relevant throughout all of the variants.

  • Customers can avail advantages of as much as Rs 15,000 on MY23 models of the hatchback over the MY24 models.

  • The Baleno is priced from Rs 6.61 lakh to Rs 9.88 lakh.

Maruti Ciaz

Maruti Ciaz

Amount

Offers

MY23

MY24

Cash Discount

Up to Rs 25,000

N.A.

Exchange Bonus

Rs 25,000

Rs 25,000

Scrappage Benefit (Optional)

Rs 30,000

Rs 30,000

Corporate Discount

Up to Rs 3,000

Up to Rs 3,000

Total Benefits

Up to Rs 53,000

Up to Rs 28,000

 

  • The MY23 gives talked about above are legitimate throughout all of the variants of the Maruti Ciaz.

  • On the opposite hand, the MY24 models of the compact sedan misses out on money low cost. However, different advantages reminiscent of alternate bonus and company low cost stay the identical. 

  • Customers who will purchase MY23 models will save as much as Rs 15,000 extra over the MY24 models of the Ciaz.

  • Maruti retails the Ciaz within the value vary of Rs 9.30 lakh and 12.29 lakh.

Maruti Jimny

Maruti Jimny Thunder Edition

Amount

Offers

MY 23

MY 24

Cash Discount

Up to Rs 1 lakh

N.A.

Corporate Discount

Up to Rs 5,000

Up to Rs 5,000

Total Benefits

Up to Rs 1,05,000

Up to Rs 5,000

 

  • The gives talked about for the MY23 models of the Jimny can solely be had with its top-spec Alpha variant. The money low cost on the Zeta trim goes right down to Rs 50,000.

  • No money low cost is being supplied with the MY24 models of the Maruti Jimny.

  • Overall, MY23 models of the Jimny are carrying advantages of as much as Rs 1 lakh extra over the MY 24 models.

  • The Jimny is priced from Rs 12.74 lakh to Rs 15.05 lakh.

Maruti Fronx

Maruti Fronx

Amount

Offers (MY23)

Cash Discount

Up to Rs 15,000

Total Benefits

Up to Rs 15,000

  • Maruti is barely providing a money low cost of Rs 15,000 with the Fronx, that too with its MY23 models solely. 

  • No advantages are being supplied with the MY24 models of the Maruti Fronx.

  • Maruti Fronx is priced from Rs 7.46 lakh to Rs 13.13 lakh.

Maruti Grand Vitara

Maruti Grand Vitara

Amount

Offers

MY 23

MY 24

Cash Discount

Up to Rs 15,000

N.A.

Exchange Bonus

Rs 20,000

Rs 20,000

Scrappage Benefit (Optional)

Rs 25,000

Rs 25,000

Total Benefits

Up to Rs 35,000

Up to Rs 20,000

 

  • Save for the base-spec Sigma variant, the above talked about advantages for the MY23 models of the Maruti Grand Vitara are legitimate throughout all of the variants.

  • The MY24 models of the Grand Vitara will not be carrying a money low cost.

  • Both MY23 and MY24 models of the compact SUV additionally miss out on company reductions.

  • The Grand Vitara is priced between Rs 10.70 lakh and 19.99 lakh.

 Notes

  • The company gives could differ primarily based on the eligibility of the purchasers.

  • Between the alternate bonus and scrappage profit, just one out two can be relevant as per coverage.

  • The advantages could differ relying on the state and metropolis, please contact your nearest Maruti Nexa dealership for extra particulars.

  • All costs are ex-showroom Delhi

Read More on : Maruti Ignis AMT

Tips for Renewing Your Tata AIG Car Insurance


Purchasing or renewing a four-wheeler insurance policy is a significant decision that requires thorough research and examination

We all are busy in our fast-paced lives. With various day-to-day challenges and numerous responsibilities, we tend to forget many significant things. One amongst them is a car insurance renewal. 

Insurance companies like Tata AIG provide timely reminders to help policyholders remember the renewal is due. Moreover, the car insurance renewal process has become simple, quick and hassle-free, thanks to online procedures. 

Additionally, the car insurance policy renewal period can be an opportunity to switch plans, including add-ons, or shift to a new insurance provider. For example, if you currently have third-party insurance, you can switch to comprehensive car insurance at the time of renewal.

However, when renewing your policy, certain factors must be considered to ensure you pick a policy that best suits your needs or budget.

Smart Tips to Renew Your Car Insurance with Tata AIG

At Tata AIG, you can renew not only an existing Tata AIG policy but also any other insurance provider’s policy. Additionally, we also allow renewal of expired policies up to 90 days from the policy expiry date.

The best way to renew four-wheeler insurance is through the online mode. However, Tata AIG also offers regular offline modes for car policy renewal. 

Regardless of the mode you select, consider these tips below before renewing.

Assess the type of plan you require

If you wish to upgrade your existing plan or move to another plan (like from third-party or standalone own-damage car insurance to comprehensive insurance), policy renewal is the correct time to switch. Assess your requirements and budget before making a switch.

Compare different four-wheeler insurance policies

You can use policy renewal to move to a different insurance provider. Choosing an insurance provider with a strong market credibility, high claim settlement ratio and reasonable customer satisfaction rate is always recommended. When you opt for car insurance renewal online, comparing policies becomes easier.

Choose add-ons to customise your plan

To mitigate losses not primarily covered in a regular car insurance policy, you can opt for add-ons. Tata AIG offers 12-unique car insurance add-ons to enhance your overall coverage. 

When you opt for a car insurance renewal online, you can easily include add-ons; however, always consider the associated cost.

Opt for voluntary deductible for lower premiums

Voluntary deduction is the portion of the claim the policyholder agrees to pay themselves. For example, if the voluntary deduction opted for is 20%, and the claim amount is ₹1,000, then the policyholder will pay ₹200, and the insurance company will settle the rest ₹800.

The higher the voluntary deductible, the lower your premium will be.

Check network of garages

It is always wiser to opt for an insurance provider with a wider range of network garages, as it saves you from many hassles. For example, Tata AIG has over 7500 network garages nationwide for accessible cashless facilities. Also, use policy renewal to identify the updated list of cashless network garages near you.

Make use of No Claim Bonus

No Claim Bonus is the reward or discount given by the insurance company to the policyholder for every claim-free year.

The reward accumulates to a maximum limit of 50% of the discount on the premium for five or more consecutive claim-free years. You can take advantage of this accumulated discount to lower your premium during car policy renewal.

Know the Insured Declared Value (IDV) of your car

The Insured Declared Value (IDV) is typically the current market value of your car. In case of theft or damages amounting to the total loss of the vehicle, the insurance company pays for the IDV to the policyholder.

Higher IDV signifies higher risk for the insurer. Hence, a higher premium is charged and vice versa.

Every year, at the time of car insurance renewal, you must enter the correct IDV. Also, the IDV of the previous year will always be higher than the current year.

Consider enhancing your vehicle’s security

Installing anti-theft devices in your car, garage or parking lot gives a positive signal to the insurer that the policyholder is taking measures to reduce the risk. 

Choosing devices certified by the Automotive Research Association of India (ARAI) can help you get lower premiums during car insurance policy renewal.

Read the terms and conditions

It is important to stay aware of the policy’s terms and conditions, any changes in inclusions and exclusions, etc. Many individuals who are happy with their existing policy skip reading the terms and conditions at the time of renewal, only to realise later that there have been some significant changes. It is always best to learn about them at the time of renewal.

Renew car insurance on time

Car insurance policy renewal is important, and renewing it before the policy expires is equally essential. If a policy lapses, it may lead to consequences like losing out on your NCB, chances of being penalised for not abiding by the rules, etc. 

Tata AIG offers a 90-day Grace Period starting from the date of policy expiration to renew your policy without losing on the No Claim Benefit and other rewards.

Steps to Renew Your Tata AIG Car Insurance Policy Online

  1. Visit the Car Insurance page on the website.

  2. Input your car’s Registration Number and click on ‘Renew’.

  3. The tool will auto-fetch the necessary details.

  4. Provide the required information.

  5. Make any necessary changes to the coverage.

  6. Pay the premium online.

  7. The policy will be emailed to your official mail ID and will be shared on WhatsApp on your registered mobile number.

For offline renewal, you can visit any of the Tata AIG registered network branches near you.

Wrapping Up

Purchasing or renewing a four-wheeler insurance policy is a significant decision that requires thorough research and examination. The above tips can guide you to opt for an efficient car insurance renewal that protects you, your vehicle and the third party in case of an accident. 

You can opt for Tata AIG car insurance renewal online for quick and easy procedures with minimum documentation. The insurance giant gives you access to over 7500 network garages, 12 unique add-ons, all-around coverage and a high Claim Settlement Ratio at affordable rates. 

These Are The Cars That Depreciate The Most

Depreciation is among the most essential elements to think about when buying a brand new automotive. The final thing you’d wish to see is your massive buy shedding a bunch of worth shortly after driving off the lot. iSeeCars analyzed information from over 1 million automotive gross sales from November 2022 to October 2023 and found which autos depreciate essentially the most. No surprises right here: Luxury manufacturers endure essentially the most in the case of worth over time. 

1. Maserati Quattroporte

Maserati Quattroporte

Average depreciation after 5 years: 64.5 %
Average value distinction from MSRP: $90,588

Luxury sedans are identified for shedding tons of worth over time, so it is not stunning to see the Maserati Quattroporte on prime of iSeeCars’ lists, shedding a whopping 64.5 % of its worth on common after 5 years. We suspect the less-than-excellent long-term reliability and Chrysler switchgear have so much to do with the Quattroporte’s prime place. 

2. BMW 7-Series

2022 BMW i7

Average depreciation after 5 years: 61.8 %
Average value distinction from MSRP: $72,444

The BMW 7-Series’ look on this checklist proves the larger they’re, the more durable they fall. The flagship four-door from Bavaria loses a staggering 61.8 % of its worth over 5 years on common, in keeping with iSeeCars. That’s worse than something from Mercedes-Benz or Audi; proof that polarizing design and the newest tech can solely get you thus far.

3. Maserati Ghibli

Photo - Maserati Ghibli MC Edition

Average depreciation after 5 years: 61.3 %
Average value distinction from MSRP: $58,623

The Maserati Ghibli shares so much with its larger sibling, the Quattroporte, leading to a equally atrocious depreciation curve. iSeeCars found that Ghiblis appears 61.3 % of their worth on common after 5 years. While that is dangerous information for consumers of recent Ghiblis, it is nice information for many who wish to lower your expenses on an Italian efficiency sedan by shopping for second-hand.

4. BMW 5-Series Hybrid

2023 BMW 5 Series Hybrid

Average depreciation after 5 years: 58.8 %
Average value distinction from MSRP: $37,975

Luxury sedans dominate the depreciation race due to the BMW 5-Series—particularly the hybrid model, in keeping with iSeeCars. According to the information, the 5-Series hybrid loses 58.8 % of its worth on common after 5 years. That’s an enormous drop for what is a reasonably regular car, particularly a trim that will get the perfect gasoline mileage out of the lineup. 

5. Cadillac Escalade ESV

2024 Cadillac Escalade ESV

Average depreciation after 5 years: 58.5 %
Average value distinction from MSRP: $63,885

Despite the posh nameplate, it’s kind of of a shock to see the Cadillac Escalade ESV so excessive on this checklist. While it’d sport the newest tech and a number of the highest-quality supplies, the long-wheelbase Escalade continues to be a utilitarian SUV beneath, with loads of room for seating and cargo. Plus, it may possibly tow over 8000 kilos. Despite its usefulness, the Escalade ESV loses 58.5 % of its worth after 5 years on common. 

6. BMW X5

2024 BMW X5

Average depreciation after 5 years: 58.2 %
Average value distinction from MSRP: $44,828

The X5 is among the finest autos BMW makes proper now, however that hasn’t made it depreciation-proof. According to iSeeCars, the X5 loses 58.2 % of its worth after 5 years on common, placing it proper up there with its hybridized 5-Series sibling. If you are available in the market, we advise shopping for used to keep away from taking the worth hit your self.

7. Infiniti QX80

Infiniti QX80

Average depreciation after 5 years: 58.1 %
Average value distinction from MSRP: $47,399

The Infiniti QX80 shares most of its structure with the cheaper Nissan Armada, however makes use of a distinct fascia and fancier supplies inside. Being from a luxurious model we’re not terribly shocked with the QX80’s 58.1 % common depreciation over 5 years, regardless of its capabilities as a tow-capable SUV.

8. Maserati Levante

2022 Maserati Levante Modena

Average depreciation after 5 years: 57.8 %
Average value distinction from MSRP: $55,858

The Levante beats its sedan siblings on the depreciation curve just because its SUV physique fashion is extra helpful. Of course, the Levante continues to be fairly horrible within the grand scheme of recent automobiles, having a median of 57.8 % of its worth misplaced after 5 years, in keeping with iSeeCars. If there’s on lesson you must stroll away from after studying this checklist, it is to keep away from shopping for Maseratis brand-new.

9. Jaguar XF

Jaguar XF

Average depreciation after 5 years: 57.6 %
Average value distinction from MSRP: $39,720

Jaguars often lag behind their German counterparts in the case of residual worth, and the corporate’s 5-Series competitor, the XF, is a chief instance. According to iSeeCars’ analysis, the XF loses 57.6 % of its worth after 5 years on common. That’s an enormous depreciation hit for a automotive that’ll very probably be somebody’s solely car. Buying used as a substitute is an effective guess, although we advocate purchasing for a guaranty as properly. 

10. Audi A7

2020 Audi A7 Sportback E Quattro

Average depreciation after 5 years: 57.2 %
Average value distinction from MSRP: $48,917

The Audi A7 is among the prettiest four-doors on sale at the moment. The automotive’s beautiful appears have not been ready to reserve it from the German model’s heavy depreciation curve, although, as iSeeCars studies a median of 57.2 % loss in worth over 5 years. Being the second or third proprietor might be a great way to get into A7 possession with out taking such an enormous depreciation hit, although all that superior tech is pricey to maintain working as soon as the guarantee runs out. So take warning. 

11. Audi Q7

Audi Q7

Average depreciation after 5 years: 56.8 %
Average value distinction from MSRP: $41,731

Audi’s greatest SUV, the Q7, follows intently behind the corporate’s A7 four-door, with iSeeCars discovering a median loss in worth of 56.8 % over 5 years. You can keep away from that loss by shopping for used, although we advise steering away from fashions outfitted with the optionally available air suspension and four-wheel steering, as these methods can rapidly change into costly to take care of because the car ages.

12. Cadillac Escalade

2021 Cadillac Escalade Exterior

Average depreciation after 5 years: 56.5 %
Average value distinction from MSRP: $59,093

The regular-length Cadillac Escalade joins the long-wheelbase ESV as one of many autos that depreciates most, however seems far additional down the checklist, shedding 56.5 % of its worth on common after 5 years, in keeping with iSeeCars. That’s nonetheless properly over half its authentic worth—an enormous hit contemplating the Escalade’s excessive beginning value.

13. Audi A6

Audi A6 and A7 new equipment lines (2023)

Average depreciation after 5 years: 56.3 %
Average value distinction from MSRP: $38,252

The Audi A6 shares the overwhelming majority of its underpinnings with the A7 fastback larger up on this checklist, so it is no shock to see it seem right here as properly. Even the perfect German luxurious sedans cannot keep away from massive depreciation hits as soon as they depart supplier heaps, and in keeping with iSeeCars, the A6 takes a success to the tune of 56.3 % after 5 years on common—brutal.

14. Volvo S90

Volvo S90

Average depreciation after 5 years: 55.8 %
Average value distinction from MSRP: $35,365

The Volvo S90 is not German, however it’s nonetheless a extremely complicated, massive sedan from a European nation. As iSeeCars has found, the market would not discriminate, with the S90 shedding 55.8 % of its worth after 5 years on common. You’d suppose a automotive with such timeless appears and fantastic inside design may maintain its worth, however you would be fallacious.

15. Nissan Armada

2023 Nissan Armada

Average depreciation after 5 years: 55.7 %
Average value distinction from MSRP: $36,875

The Nissan Armada’s capabilities as a three-row SUV that may do all of it are unmistakable, however in contrast to a few of its opponents, it is not as well-known for long-term reliability. That probably explains the hunch in worth after 5 years on common—55.7 % to be exact, in keeping with iSeeCars.com.

16. Mercedes-Benz S-Class

Mercedes S-Class 400d (2021) in test

Average depreciation after 5 years: 55.7 %
Average value distinction from MSRP: $70,563

The Mercedes-Benz S-Class is the perfect luxurious sedan there’s, however that may’t assist it from tanking in worth as time goes on. Though it is not as dangerous as its BMW-badged rival, the S-Class nonetheless suffers from a a number of 55.7-percent drop in worth after 5 years on common, in keeping with iSeeCars.com. 

17. Lincoln Navigator L

2024 Lincoln Navigator

Average depreciation after 5 years: 55.5 %
Average value distinction from MSRP: $57,224

The Lincoln Navigator L’s depreciation curve is proof that even if you happen to keep away from shopping for from a European model, a luxurious nameplate will drag you down. The long-wheelbase body-on-frame SUV takes an enormous 55.5-percent hit in worth after 5 years on common, in keeping with iSeeCars.com. If you actually need one, we advise going used as a substitute.

18. Mercedes-Benz GLS

Mercedes-Benz GLS

Average depreciation after 5 years: 55.5 %
Average value distinction from MSRP: $54,523

The Mercedes-Benz GLS is the corporate’s greatest SUV, full with commonplace three-row seating and as much as 7700 kilos of towing capability. There’s additionally commonplace all-wheel drive and air suspension. We suspect the flamboyant springs and slew of different tech options might be the explanation why worth drops by 55.5 % on common after 5 years, in keeping with iSeeCars.com. That stuff cannot be low cost to exchange as soon as it goes dangerous. 

19. Tesla Model S

Tesla Model S

Average depreciation after 5 years: 55.5 %
Average value distinction from MSRP: $60,145

Electric automobiles generally tend to crater in worth just because expertise is evolving so rapidly. What was as soon as the most recent and most superior powertrain tech might be wildly outdated by the subsequent yr. Tesla might routinely replace the tech beneath the Model S’s pores and skin, however there isn’t any hiding that ageing design. iSeeCars.com studies a median 55.5 % loss in worth over 5 years.

20. BMW 5-Series

2023 BMW 5 series sedan

Average depreciation after 5 years: 55.3 %
Average value distinction from MSRP: $39,856

The hybridized BMW 5-Series is not the one model of the corporate’s sedan to make this checklist. The regular 5-Series follows behind with a 55.3-percent depreciation hit after 5 years on common, in keeping with iSeeCars.com. With loads of expensive-to-replace elements and soon-to-be-outdated tech inside, we’re hardly shocked.

10 New EVs For People On A Limited Budget

With the meteoric rise in the popularity of electric vehicles, one common barrier to purchasing an electric SUV has been the hefty price tags and limited features. The importance of an affordable electric SUV with all the necessary features becomes apparent at this point. This makes electric vehicles more accessible to a wider range of consumers.

Offering affordable options with the necessary features as standard ensures that drivers can fully enjoy the benefits of driving an electric SUV. These features coming standard ensure drivers on a limited budget enjoy an enhanced driving experience, making the transition to electric vehicles more seamless and enjoyable. With the continuous innovation in the EV market, buyers can get luxury features with high performances causing increased competition among manufacturers.

This will further lead to more innovation and advancements in technology, and ultimately drive down costs for consumers across the board. Most budget electric SUVs come with regenerative braking, spacious interiors, touchscreen infotainment systems, and fast charging capabilities. These ensure a convenient and enjoyable driving experience in an affordable and accessible electric mobility package. At a budget of under $50,000, a few of the vehicles on this list have features like a heated steering wheel, a heat pump, and a range of over 200 miles.

Information has been sourced from official automakers’ websites as well as other credible publications like the EPA and Edmunds.

RELATED: 10 Cheap Small Electric Cars Almost Anyone Can Afford

1 Chevrolet Bolt EV

Price Range – $27,495 – $30,695

2022 Chevrolet Bolt EV
Chevrolet

The Chevrolet Bolt EV is equipped with a total driving range of 259 miles, and a 200 horsepower and 266 pound-feet of torque electric motor that enables a 0-60 mph acceleration time of 6.5 seconds. It comes in two trims: the 1LT which starts at $27,495 and the 2LT which starts at $30,695.

Chevrolet Bolt EV Pricing Structure

Bolt EV 1LT

$27,495

Bolt EV 2LT

$30,695

(Prices sourced from Chevrolet)

The 1LT trim comes fitted standard with features such as a 10.2-inch infotainment screen with Apple CarPlay, Android Auto, and a rearview camera. For the additional premium, the 2LT package provides premium features like the Bose premium seven-speaker system, an upgrade from the six-speaker system in the 1LT, wireless device charging, and perforated leather-appointed seats.

2 Nissan Leaf

Price Range – $28,140 – $36,190

2023 Nissan Leaf
Nissan

The Nissan Leaf offers two trims starting with the S trim. The base S trim starts at $28,140, and it comes with a 147-horsepower electric motor, and a 40-kWh battery pack, and offers a range of 149 miles. It also comes equipped with cruise control and a rearview monitor, for adequate comfort while driving. The SV Plus trim takes it a step further.

Nissan Leaf Pricing Structure

Leaf S

$28,140

Leaf SV Plus

$36,190

(Prices sourced from Nissan)

It starts at $36,190 and offers a bigger 214-horsepower electric motor, a 60-kWh battery pack, and a range of 212 miles on a single charge. It also offers ProPILOT Assist, a step up from the S’s cruise control, an Intelligent Around View Monitor, a hybrid heater system to further improve the range in colder weather, and an auto-dimming rearview mirror.

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3 Chevrolet Bolt EUV

Price Range – $28,795 – $33,790

Chevrolet Bolt EUV driving
Chevrolet 

The Chevrolet Bolt EUV comes in four trims. All trims come with a 200-horsepower and 266-pound-feet of torque electric motor that can do a 0-60 mph acceleration in 7.0 seconds and a range of 247 miles on a full charge. The base LT trim starts at $28,795 with a 10.2-inch diagonal infotainment screen.

Chevrolet Bolt EUV Pricing Structure

Bolt EUV LT

$28,795

Bolt EUV LT Redline

$29,290

Bolt EUV Premier

$33,295

Bolt EUV Premier Redline

$33,790

(Prices sourced from Chevrolet)

The LT Redline edition starts at $29,290 with sporty accents like gloss black painted aluminum wheels, red accents, and black and red Bolt EUV badges. The Premier trim starts at $33,295, offering Chevrolet’s Infotainment 3 Plus system with the Sun and Sound Package, a Bose premium seven-speaker system with a subwoofer, and a power, dual-pane, panoramic sunroof. The Premier Redline edition starts at $33,790, with a jet black, perforated leather-appointed seat.

4 Mini Cooper Electric

Starting Price – $30,900

Gray MINI Cooper SE Electric Charging
MINI

Priced at $30,900, the Mini Cooper SE offers a single electric motor producing 181 horsepower and 199 pound-feet of torque, that propels it to accelerate from zero to 60 mph in just 6.9 seconds. It also comes equipped with a battery pack that provides a range of 114 miles on a full charge at an EPA-estimated efficiency of 110 MPGe.

Mini Cooper SE Pricing Structure

Mini Cooper SE

$30,900

(Prices sourced from Mini)

The interior is fitted with a 5.5-inch digital gauge cluster, dual-zone climate control, and a heated steering wheel improving comfort and convenience inside the cabin. It has a unique heat pump design that enhances efficiency and performance in varying weather conditions. The 8.8-inch central touchscreen serves as the command center for entertainment, navigation, and connectivity.

RELATED: 10 Most Affordable Electric SUVs In 2023

5 Hyundai Kona Electric

Price Range – $33,550 – $41,550

2024 Hyundai Kona Electric on a dirt road
Hyundai 

The Hyundai Kona Electric comes in three trims. They are powered by a battery pack that runs for 258 miles, powering a 201-horsepower electric motor. The base SE trim starts at $33,550 and it includes an eight-inch color touchscreen. The higher SEL trim is priced at $37,300, and it offers a larger 10.25-inch touchscreen.

Hyundai Kona Electric Pricing Structure

Kona Electric SE

$33,550

Kona Electric SEL

$37,300

Kona Electric Limited

$41,550

(Prices sourced from Hyundai)

There are also additional features like a power sunroof and wireless device charging. At the top of the range is the Limited trim which starts at $41,550 and offers premium features like a Harman Kardon premium audio system, for exceptional sound quality. It’s also fitted with advanced features like smart cruise control with stop-and-go functionality, a heated steering wheel, and leather-trimmed seats for optimal safety, comfort, and style.

6 Mazda MX-30

Price Range – $34,110 – $37,120

2022 Mazda MX-30
Mazda

The Mazda MX-30 is available in two trims. The base trim starts at $34,110, while the Premium Plus trim is priced at $37,120. On both trims, a single electric motor produces a modest power output of 143 horsepower and 200 pound-feet of torque and is powered by a modest 35.5 kWh battery pack, that offers an EPA-estimated range of 100 miles on a full charge.

Mazda MX-30 Pricing Structure

MX-30 Base trim

$34,110

MX-30 Premium Plus

$37,120

(Prices sourced from Edmunds)

It was rated by the EPA to have an efficiency rating of 92 MPGe combined. The MX-30 has an exterior design that makes it stand out from the crowd. It has suicide-style rear doors and an overall bold exterior styling. The cabin is modern and upscale, and features high-quality materials and a user-friendly infotainment system.

RELATED: 10 Electric Crossovers That Are Affordable

7 Volkswagen ID.4

Price Range – $38,995 – $55,245

Volkswagen ID.4 action front 3/4 shot
Volkswagen

The ID.4 Standard has a starting price tag of $38,995 and a range of 209 miles on a full charge. The ID.4 Pro starts at $43,995, and the range extends to 275 miles. The ID.4 AWD Pro offers a hit of 20 miles of range due to the all-wheel drive and costs $47,795.

Volkswagen ID.4 Pricing Structure

ID.4 Standard

$38,995

ID.4 Pro

$43,995

ID.4 AWD Pro

$47,795

ID.4 S

$43,995

ID.4 Pro S

$48,995

ID.4 AWD Pro S

$52,795

ID.4 Pro S Plus

$51,445

ID.4 Pro S Plus AWD

$52,245

(Prices sourced from Volkswagen)

The ID.4 S includes 12-way power-adjustable seats with massage lumbar and position memory at $43,995. The ID.4 Pro S upgrades to 20-inch alloy wheels at $48,995, while the AWD Pro S features perforated V-tex leatherette seating surfaces at $52,795. The ID.4 Pro S Plus and AWD Pro S Plus start at $51,445 and $55,245 respectively, offering a three-zone automatic climate control system, silver roof rails, and other premium accents.

8 Kia Niro EV

Price Range – $39,600 – $44,600

A driving 2023 Kia Niro EV
Kia

The Kia Niro EV offers two distinct trim levels. It is fitted with a powerful 201-horsepower electric motor that delivers 188 pound-feet of torque. The first is the Wind trim, and at $39,600, it offers a wireless phone charger, heated front seats, a 10.25-inch digital instrument display, and a 10.25-inch touchscreen display.

Kia Niro EV Pricing Structure

Niro EV Wind

$39,600

Niro EV Wave

$44,600

(Prices sourced from Kia)

The Wave trim starts at $44,600. Together with the features on the Wind trim, the Wave adds a sunroof, a Harman Kardon premium audio system, a heated steering wheel, front parking sensors, driver’s seat memory, a heat pump for improved energy efficiency, a battery heater, a heads-up display, and heated rear seats which adds improved comfort, convenience, and a little extra style.

RELATED: Here’s When EVs Will Be As Affordable As Gas-Powered Cars

9 Kia EV6

Price Range – $42,600 – $61,600

Kia EV6 driving
Kia

The Kia EV6 trims start with the Light RWD trim at $42,600. It features a 232-mile 58-kWh battery. The Light Long Range RWD costs $45,950 and has the larger 310-mile 77.4-kWh battery, with 225 horsepower and 258 pound-feet of torque. The Light Long Range AWD trim at $49,850 offers 320 horsepower and 446 pound-feet of torque, and does 0-60 mph in 5.1 seconds.

Kia EV6 Pricing Structure

EV6 Light RWD

$42,600

EV6 Light Long Range RWD

$45,950

EV6 Light Long Range AWD

$49,850

EV6 Wind RWD

$48,700

EV6 Wind AWD

$52,600

EV6 GT-Line RWD

$52,900

EV6 GT-Line AWD

$57,600

EV6 GT AWD

$61,600

(Prices sourced from Kia)

The Wind RWD trim at $48,700 adds an onboard generator, while the Wind AWD at $52,600 includes a heated steering wheel. The GT-Line RWD at $52,900 adds the GT-Line styling and a power sunroof, and the GT-Line AWD at $57,600 includes a heat pump. The range-topping GT AWD at $61,600 with 576 horsepower and 545 pound-feet of torque, and 0-60 mph in 3.4 seconds.

10 Ford Mustang Mach-E

Price Range – $42,995 – $59,995

2023 Ford Mustang Mach-E GT Performance Edition
Ford 

The Ford Mustang Mach-E has a range of four trims, starting with the Select trim at $42,995. It runs on a well-rounded option with a 72-kWh battery pack that produces an estimated range of 250 miles and powers a 266-horsepower electric motor. The Premium trim starts at $46,995 with additional features like a Panoramic Fixed-Glass Roof and a Sound System by Bang and Olufsen.

Ford Mustang Mach-E Pricing Structure

Mach-E Select

$42,995

Mach-E Premium

$46,995

Mach-E California Route 1

$56,995

Mach-E GT

$59,995

(Prices sourced from Ford)

The California Route 1 trim offers an extended range of 312 miles from a 91-kWh battery pack, accompanied by 346 horsepower from a dual-motor setup. The high-performance GT trim, priced at $59,995, has an improved 480 horsepower and 0-60 mph time of just 3.7 seconds.

10 Electric Vehicles With Poor MPGe Ratings

When it comes to buying a vehicle, a lot of research goes into it. We want to make sure we’re getting the best value for our money. In the past, we only had to worry about things like engine type, horsepower, and mileage. But with the introduction of electric and hybrid vehicles, the list of considerations has grown to include things like battery capacity, range, and MPGe (miles per gallon of gasoline-equivalent).

MPGe is a rating system developed by the Environmental Protection Agency (EPA) in 2010. It allows us to compare the fuel efficiency of electric and hybrid vehicles to that of gasoline-equivalent vehicles. While there is a lot of information out there about vehicles with excellent MPGe ratings, there isn’t much about the vehicles on the other end of the spectrum. So, in this article, we will be talking about 10 electric vehicles with poor combined MPGe ratings.

We have gathered the data for this article from fueleconomy.gov, a website run by the EPA.

1. 2022 Hummer EV Pickup

Combined MPGe – 47 miles

The 2022 Hummer EV Pickup is GM’s highly-anticipated electric pickup truck. It boasts an aggressive appearance, top-of-the-line technology, and impressive performance. It has a range of 350 miles on a full charge with the extended battery pack. However, it falls short in terms of MPGe ratings, making it one of the least appealing options on the market.

2. 2023 Lordstown Endurance

Combined MPGe – 48 miles

The 2023 Lordstown Endurance is an electric pickup truck known for its unique design and in-wheel hub motor system. It has a 109 kWh battery that provides a peak power of 550 HP. The Endurance has a DC fast charging capability, allowing it to charge from 20 to 80 percent in less than 45 minutes. However, its MPGe rating of 48 miles is a concerning factor.

3. 2023 Audi e-tron S

Combined MPGe – 63 miles

The 2023 Audi e-tron S is a luxury SUV designed for performance. It has a stunning exterior with unique bumpers and alu-optic mirror housings. The e-tron S can go from 0 to 60 MPH in just 4.3 seconds. However, its sportiness affects its MPGe rating, making it less appealing for those who prioritize fuel efficiency.

4. 2023 Audi e-tron S Sportback

Combined MPGe – 65 miles

The 2023 Audi e-tron S Sportback is similar to the e-tron S in terms of design and performance. It has a minimal difference in exterior appearance and a slightly improved range. However, just like its counterpart, its MPGe rating of 65 miles is a concern for those looking for a fuel-efficient luxury SUV.

5. 2023 F-150 Lightning Platinum 4WD

Combined MPGe – 66 miles

The 2023 F-150 Lightning Platinum 4WD is an electric version of Ford’s popular F-150 pickup truck. It has a range of 300 miles and a towing capacity of 8,500 pounds. While it offers impressive performance and range, its MPGe rating of 66 miles is not as good as some other electric vehicles on the market.

6. 2023 Rivian R1S on 22-inch wheels

Combined MPGe – 68 miles

The 2023 Rivian R1S is an electric SUV known for its off-road capabilities. It has a towing capacity of 7,700 pounds and can go from 0 to 60 MPH in 3 seconds. However, its MPGe rating of 68 miles is not as high as some other electric SUVs.

7. 2020 Porsche Taycan Turbo S

Combined MPGe – 68 miles

The 2020 Porsche Taycan Turbo S is a high-performance electric sedan. It can go from 0 to 60 MPH in just 2.4 seconds. While it offers impressive performance, its MPGe rating of 68 miles is not as good as some other electric vehicles on the market.

8. 2020 Porsche Taycan Turbo

Combined MPGe – 69 miles

The 2020 Porsche Taycan Turbo is another high-performance electric sedan from Porsche. It has a range of 201 miles on a full charge. While it offers impressive performance, its MPGe rating of 69 miles is not as good as some other electric vehicles on the market.

9. 2022 Rivian R1T

Combined MPGe – 70 miles

The 2022 Rivian R1T is an electric pickup truck known for its off-road capabilities. It has a towing capacity of 11,000 pounds and a range of 314 miles on a full charge. However, its MPGe rating of 70 miles is not as high as some other electric pickup trucks.

10. 2023 Jaguar I-Pace EV400

Combined MPGe – 76 miles

The 2023 Jaguar I-Pace EV400 is a luxury SUV known for its stylish design and impressive performance. It has a range of 217 miles on a full charge. While it offers a better all-electric range than some of its competitors, its MPGe rating of 76 miles is not as high as some other electric SUVs.

It’s important to note that while these vehicles have lower MPGe ratings, they may still offer impressive performance, range, and other features that make them attractive options for certain buyers.

FAQ

Q: Does mileage matter when buying a used EV?

A: Yes, mileage does matter when buying a used EV. The lower the mileage, the better the overall condition of the vehicle is likely to be. However, EVs tend to have fewer maintenance issues compared to conventional vehicles, so mileage may not be as much of a concern.

Q: Do electric cars get worse highway mileage?

A: Yes, electric cars can get worse mileage on the highway compared to city driving. This is because electric cars use regenerative braking to recover energy, and there is less braking involved on highways. Additionally, at higher speeds, wind resistance can impact the efficiency of electric vehicles.

Q: How many miles per kWh does an electric car with a 100 MPGe get?

A: The number of miles per kWh can vary depending on various factors such as driving conditions, vehicle efficiency, and battery capacity. However, a rough estimate would be around 3-4 miles per kWh for a vehicle with a 100 MPGe rating.