Both Tata Nexon and Tata Punch fall into the category of compact SUVs. They are also among the best SUVs under 10 lakhs in India. The Nexon has been around for some time with its facelift version being released recently. Tata Punch is a relatively fresh release from Tata Motors but comes with some exciting new features as well. With the Tata Punch about to receive a facelift in 2025, many car buyers are wondering whether they should buy a new Tata Punch or get a used Tata Nexon at a similar price point.
To provide more clarity between used Tata Nexon vs Tata Punch (brand new), we have compared them based on some factors. Go through the in-detailed comparison tables provided below before deciding the best pick for you!
New Tata Punch – A Quick Overview
Tata Punch was launched as a compact SUV in 2021. With features like automatic climate control and rear AC vents, the New Tata Punch has been quite in demand these days. It may receive its facelift soon and may look more like the Punch EV that was launched earlier in January 2024.
Key Updates of New Tata Punch
Here are some key updates of New Tata Punch 2024 that you should be aware of before buying it:
- The new Tata Punch comes with a 10.25-inch touchscreen infotainment system. The previous model had a 7-inch infotainment display only. It is also upgraded with the Apple CarPlay and Android Auto connectivity options.
- It comes with rear AC vents now which provides more comfort to the rear passengers.
- New variants viz. Adventure Plus S, Pure O, and Adventure S have been introduced for the customers who seek a variant with mid-range specifications.
- It comes in Calypso Red. Tornado Blue, Daytona Grey, Foliage Green, and many other exciting new colours now.
- You can also expect the Tata Punch Facelift to be launched in 2025. Brand new alloy wheels, redesigned front fascia, elegant headlamps, and better LED DRLs are expected in the new launch. The rear bumper is also expected to be redesigned along with new LED lights.
New Tata Punch Ex-Showroom Prices
| Car Variant | Transmission | Ex-Showroom Price (In Rs.) |
| Creative Plus S (Top Variant) | Automatic | Rs. 10,32,000 |
| Accomplished Plus Sunroof | Manual | Rs. 8,90,000 |
| Adventure Sunroof | Manual | Rs. 7,72,000 |
| Adventure | Manual | Rs.7,17,000 |
| Pure (O) | Manual | Rs. 6,82,000 |
| Pure | Manual | Rs. 6,20,000 |
Note: Tata Punch’s on-road price will vary state and city-wise. So, visit your nearest showroom for the updated on-road price of Tata Punch.
Used Tata Nexon: A Quick Overview
Tata Nexon was launched in 2017 and since then it has consistently performed as one of the best selling SUVs in the Indian market. It has received two facelifts viz. in 2023 and 2020. With its stunning bold looks, elegant interiors, and top features, it has impressed us all. Also, it is a robust car in terms of safety as it has also received Global NCAP 5-star rating like Tata Punch.
Tata Nexon also demands attention in the used car market and if it’s in good condition it can prove to be a great grab. More details about the variant-wise pricing of used Tata Nexon is provided below.
| Production Year | Transmission | Price (In Rs.) |
| 2017 to 2022 (Across Various Trims) | Manual and Automatic | Rs. 5,82,000 to Rs. 8,30,000 |
| 2022 to 2023 | Manual and Automatic | Rs. 7,70,000 to Rs. 9,50,000 |
| 2022 | Manual and Automatic | Rs. 7,20,000 to Rs. 8,03,000 |
Used Tata Nexon vs Tata Punch New: Financing Comparison
As both Tata Nexon and Tata Punch are available in multiple models and variants, let’s consider one model for the sake of financing comparison.
In the below table, we have compared the financing of the Tata Punch Accomplished Plus with Sunroof (Automatic Variant) with the 2022 Tata Nexon XZ Plus Petrol (Manual Variant):
| Financing Details | Used Tata Nexon | New Tata Punch |
| Downpayment | Rs. 1,80,000 | Rs. 1,50,000 |
| Loan Tenure | 4 years | 5 years |
| Principal Loan Amount | Rs. 6,23,000 | Rs. 7,40,000 |
| Rate of Interest | 12.5% | 9.5% |
| Interest Amount | Rs. 1,57,000 | Rs. 1,86,000 |
| Total Payable Amount | Rs. 9,60,000 | Rs. 9,76,000 |
| Difference | Rs. 16,000 |
Although the financing costs of a used Tata Nexon vs Tata Punch is almost the same, you must consider the other aspects like features while comparing these costs.
New Tata Punch vs Used Tata Nexon: Insurance Comparison
The comparison of used Tata Nexon vs new Tata Punch will be incomplete until we compare their insurance costs. The below table gives you a clear idea of the difference in their insurance costs over a period of 5 years:
| Insurance Details | New Tata Punch | Used Tata Nexon |
| Total Coverage or Insured Declare Value (IDV) | Rs. 8,50,000 | Rs. 6,50,000 |
| Yearly Premium | Rs. 25,000 | Rs. 15,000 |
| Insurance Cost for 5 Years | Rs. 90,000 | Rs. 65,000 |
| Difference | Rs. 25,000 |
It is clear that the insurance cost of the used Tata Nexon is less than that of a New Tata Punch. Yet, you must also remember the fact that the new Tata Punch will fetch a much higher resale value as well. Also, the insurance coverage will be much higher for the Tata Punch since it is a new vehicle.
Used Tata Nexon vs Tata Punch New: Which Car to Buy?
The used Tata Nexon will not give you the peace of mind that a brand new Tata Punch will. Also, failing to judge the condition of a used car well means ending up paying more. Also, the used Tata Nexon’s servicing cost will be higher.
If you will be seeking car financing options, the Tata Punch will be available at a lesser interest rate. Tata Punch will also prove to be a better choice fuel-economy wise. So, if you require to drive the car daily, the new Tata Punch will provide a better mileage.
Tata Nexon has quite a reputation in the Indian market. The used Nexon’s reliability is unmatched. It is sturdy and has a much better road presence than Tata Punch. Also, even a used Tata Nexon offers more premium features than a new Tata Punch. However, remember that the insurance costs of a used vehicle will be much higher. So, if you are going to compromise on these things, then buying a used Tata Nexon can also prove to be a good decision.
Only trusted car dealers like Spinny offer completely checked and verified cars. We also check whether the RC transferability and inspect for the minor dents or accident marks before making it available for our customers.
FAQs on used Tata Nexon vs Tata Punch New
Q. Should I buy a used Tata Nexon instead of a new Tata Punch?
The choice is entirely yours. If you want an SUV with a bigger and bolder road presence at a lesser cost, you may buy a used Tata Nexon. It comes with a more powerful engine and is also more spacious than Punch.
Q. Which is more safe among the Tata Nexon vs Tata Punch?
With 5-star GNCAP ratings, both the SUVs are safe. However, being a more premium car, more safety features are integrated in Nexon than Punch. Also, the higher variants of Nexon are much more technically advanced and safe than the higher variants of Punch.
Q. Is it more costly to maintain a used Nexon vs a new Punch?
Yes, as the used cars demand more maintenance and service costs, the overall cost to maintain a used Tata Nexon will be higher. Yet, the difference in maintenance will not be huge and can be neglected in the longer run.
Q. Does Punch have a better resale value than Nexon?
A new car will provide a better resale value than a used one. So, in that aspect, yes, a new Tata Punch’s resale value will be higher than a used Nexon. However, in the long run, Nexon might hold its value due to its higher demand and positioning in the market. Comparatively, Tata Punch might lose its value faster, especially if its demand declines in the future.
Q. Which things are to be checked while purchasing a used Tata Nexon?
Check the number of kilometres it has run. Also, go through the service records, physical damages, insurance claims, etc. to ensure that the vehicle has been maintained properly. If possible, get the vehicle checked by a car expert or mechanic before buying it.
