The Indo-Japanese carmaker has left no stone unturned in making its first electric car, the Maruti e-Vitara, an attractive package. The electric SUV has all one can wish for in a car of its price bracket – a long driving range, a host of features, a premium interior, and the reliability of Maruti Suzuki. In addition to that, the e Vitara comes with the convenience of BaaS, which makes it even more attractive for buyers with modest driving needs. With a lower upfront cost, the e Vitara with BaaS can save a lot of money. Before you walk into a NEXA showroom to buy a Maruti e Vitara with BaaS, it is important to compare the cost of the model with BaaS and the model without BaaS to know how much you will save. To make the process easier for you, here is a pricing comparison of the Maruti e Vitara with BaaS and the Maruti e Vitara without BaaS.
Maruti Suzuki e Vitara BaaS vs Ex-Showroom Price
| Variant | Ex-showroom price | Battery Price | BaaS Price |
| Delta 49 kWh | Rs. 15.66 lakh | Rs. 5 lakh | Rs. 10.99 lakh + Rs. 3.99/km |
| Zeta 61 kWh | Rs. 17.49 lakh | Rs. 5.5 lakh | Rs. 11.99 lakh + Rs. 4.39/km |
| Alpha 61 kWh | Rs. 20.01 lakh | Rs. 5.5 lakh | Rs. 14.51 lakh + Rs. 4.39/km |
Maruti Suzuki e Vitara Price Comparison: Initial BaaS Price vs Ex-Showroom Price
The Maruti Suzuki e Vitara BaaS has different subscription charges, depending on the battery pack. Maruti takes the battery subscription charge of Rs. 3.99/km for the smaller 49 kWh battery pack and Rs. 4.39/km for the larger 61 kWh battery pack.
With BaaS, the Maruti Suzuki e Vitara costs Rs. 10.99 lakh + Rs. 3.99/km to Rs. 14.51 lakh + Rs. 4.39/km. Therefore, compared to paying the ex-showroom price, you can save up to Rs. 5.5 lakh by buying the e Vitara with BaaS.
At the same time, it is important to note that Maruti charges a minimum monthly fee for 1,800 km every month. This means, for the base Delta variant, you need to pay at least Rs. 3.99 X 1,800 = Rs. 7,182 every month for the BaaS subscription.
ALSO READ: Battery as a Service (BaaS) Explained
Maruti Suzuki e Vitara Price Comparison: Cost of Ownership
Let’s compare the cost of ownership of the Maruti e Vitara with BaaS against the Maruti e Vitara as a whole unit, including the battery.
Case A
Maruti e Vitara (Base Delta variant) with BaaS
Upfront cost: Rs. 10.99 lakh
Minimum monthly charge – Rs. 3.99 X 1,800 = Rs. 7,182
Charging cost
- The average domestic tariff for electricity is Rs. 8/unit (kWh).
- Charging a 49-kWh battery pack requires around 52 units (assuming minor transmission losses), costing Rs. 416.
- Given the e Vitara Delta variant’s claimed driving range of 440 km and real-world driving range, it will take around 5 full charging cycles to cover 1,800 km.
- Monthly electricity usage cost will be around 5 X Rs. 416 = Rs. 2,080
Total monthly expenditure: Rs. 7,182 + Rs. 2,080 = 9,262
Total yearly expenditure: Rs. 9,262 X 12 = Rs. 1,11,144 + maintenance cost
5 years expenditure: Rs. 1,11,144 X 5 = Rs. 5,55,720 + maintenance cost
5 years ownership cost: Rs. 10,99,000 + Rs. 5,55,720 = Rs. 16,54,720 + maintenance cost
Now, if you finance the vehicle at a 9% interest rate for 5 years:
20% downpayment = 20 % of Rs. 10.99 lakh = Rs. 2,19,800
Loan amount = Rs. 8,79,200
Total amount = Rs. 8,79,200 + Rs. 2,15,845 (interest) + Rs. 2,19,800 = Rs. 13,14,845
5 years ownership cost (with BaaS) = Rs. 13,14,845 + Rs. 5,55,720 = Rs. 18,70,565 + maintenance cost
Case B
Maruti e Vitara (Base Delta variant) without BaaS
Upfront cost: Rs. 15.66 lakh
Charging cost: Rs. 2,080 (as calculated above)
Total monthly expenditure: Rs. 2,080
Total yearly expenditure: Rs. 2,080 X 12 = Rs. 24,960 + maintenance cost
5 years’ expenditure: Rs. 24,960 X 5 = Rs. 1,24,800 + maintenance cost
5 years ownership cost: Rs. 15,66,000 + Rs. 1,24,800 = Rs. 16,90,800 + maintenance cost
Now, if you finance the vehicle at a 9% interest rate for 5 years:
20% downpayment = 20 % of Rs. 15.66 lakh = Rs. 3,13,200
Loan amount = Rs. 12,52,800
Total amount = Rs. 12,52,800 + Rs. 3,07,564 (interest) + Rs. 3,13,200 = Rs. 18,73,564
5 years ownership cost (without BaaS) = Rs. 18,73,564 + Rs. 1,24,800 = Rs. 19,98,364 + maintenance cost
Difference between cost of ownership of models with BaaS and without BaaS = Rs. 19,98,364 – Rs. 1,870,565 = Rs. 1,27,799
Therefore, in 5 years of ownership, buying a Maruti e Vitara (Delta) with BaaS will save you around Rs. 1.27 lakh.
ALSO READ: Electric Cars Available with BaaS Scheme in India
Final Thoughts
As is the case with BaaS, the Maruti e Vitara BaaS scheme saves you from spending a large lump sum as the upfront cost. However, while considering the Maruti e Vitara in the BaaS scheme, it is important to note that Maruti charges a subscription fee for at least 1,800 km per month. Therefore, you benefit from the BaaS scheme if you drive nearly 1,800 km every month. Another way you benefit from the BaaS is by not having to spend the standard ex-showroom price, which is significantly higher than the BaaS price, at the time of purchase. Instead, you pay a small monthly fee to use the battery. Overall, the Maruti e Vitara is a great deal with the BaaS scheme; however, it is important to estimate gross expenditure, as we have done in this article, to make the most of it.
FAQ
What are the Maruti e Vitara BaaS prices?
The Maruti e Vitara BaaS prices are Rs. 10.99 lakh + Rs. 3.99/km for Delta variant 49 kWh, Rs. 11.99 lakh + Rs. 4.39/km for Zeta 61 kWh, and Rs. 14.51 lakh + Rs. 4.39/km for top variant Alpha 61 kWh.
Does the Maruti e Vitara BaaS have a minimum monthly fee?
Yes, the Maruti e Vitara BaaS has a minimum monthly fee for 1,800 km of running. So, for the base Delta variant, which has a cost of Rs. 10.99 lakh + Rs. 3.99/km with BaaS, you will need to pay a minimum of Rs. 3.99 X 1,800 = Rs. 7,182 every month.
How much cheaper is the Maruti e Vitara with BaaS compared to its actual ex-showroom price?
BaaS, or Battery as a Service, is essentially a setup wherein the electric vehicle’s cost is separated from its battery’s cost. However, this does not mean you do not have to pay for the battery. With BaaS, you pay a monthly fee to the service provider to use the battery.
So, while buying a Maruti e Vitara with BaaS, you do not have to pay as much as Rs. 5.5 lakh, which is the cost of the battery, at the time of the purchase, you will have to pay for the monthly battery subscription charge of Rs. 3.99/km to Rs. 4.39/km. At the same time, it is important to note that Maruti charges a minimum monthly fee for 1,800 km.
