Subscription plans for new cars are a relatively new thing in India, and only a few automakers actually do it. One such brand in India is Tata Motors, and it offers the Nexon EV on such a plan. As a subscription customer, you can have a brand-new car to drive around in without actually buying it outright. It also allows one to use the car without worrying about typical vehicle ownership items such as maintenance, servicing, or insurance renewals. Of course, this will certainly sound like a great deal for many who want to enjoy the pleasure of motoring but don’t want to actually buy a car.
When Tata announced the subscription plan for the Nexon EV, it started at Rs 41,900 per month. This was in early 2020, and the cost was for a 36-month period. By September, Tata had already dropped the per month cost to Rs 34,900. Now, you can drive home the new Nexon EV at a per month cost of just Rs 29,500. Tata’s subscription plan for the Nexon EV is available in cities like Delhi/NCR, Mumbai, Pune, Bengaluru, and Hyderabad. The monthly charge also includes a complimentary personal EV charger box and doesn’t require to pay any down-payment, insurance, service, and maintenance, or road tax and registration fees. Depending on your requirement, Tata will offer the Nexon EV for a minimum of 12 months or up to a maximum of 36 months.
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Once you are at the end of your chosen subscription tenure, you have two options. You could either end the plan altogether by returning the car or extend it further under the same or different plan. Moreover, one can cancel the subscription at any time. In case you want to return the car back to Tata, all you have to do is give them a one-month heads-up. Post this, you can send the car back to Tata, and all that is left is a pre-termination fee. Furthermore, Tata will provide customers of the Nexon EV with free maintenance, servicing, insurance coverage, and roadside assistance. As you can tell, this is a pretty good setup, especially if you are the type of person that values convenience the most.
However, there is a caveat to all this. The juicy “Rs 29,500 per month” offer will only be applicable for a limited period of time. So if you want to enter this plan, you need to act soon. The Tata Nexon EV is currently sold in three variants – XM, XZ+, and XZ+ Lux. It uses a 30.2 kWh battery, which powers a single electric motor. This motor produces 127hp and 245Nm of torque and can propel the Nexon EV to 100 kmph in 9.9 seconds. But thanks to the battery and its associated electrical paraphernalia, the Nexon EV is pretty heavy – it weighs 1.4 tons.
According to Tata, the maximum certified range of the Nexon EV is 312 km. Of course, in the real world, you will never come close to that kind of range. In terms of its charging speeds, it depends on the source. If you use a 15A plug point, it will take the Nexon EV’s battery from 10 to 90 percent in 8.5 hours. On the other hand, if you use a DC fast charger, it can charge the battery from dead to 80 percent in just 60 minutes. The Tata Nexon EV comes with an 8-year/160,000 km battery and electric motor warranty, plus a 3-year/125,000 km warranty for the car itself.
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