Indian electric mobility is gaining popularity, with Tata Motors leading the way with affordable electric vehicles, such as the Tata Tiago EV. However, for buyers, that presents a dilemma: do you buy a brand-new Tiago EV with all the latest upgrades, or opt for a used Tata Tiago EV and keep most of that hard-earned cash?
This blog compares the new and old Tata Tiago EV. From attributes to efficiency to loan EMIs and insurance costs, here’s everything you need to make a fiscally sound decision.
Table of Contents
New Tata Tiago EV Quick Overview
Tata unveiled its most affordable electric variant, the Tiago EV, in 2022, which has been a disruptor in the Indian electric car market. It comes with either a 19.2 kWh (MR) or a 24 kWh (LR) battery pack. In 2024, it retains the same powertrain but receives software upgrades, along with minor feature changes that enhance its user-friendliness.
In urban conditions, it is practical, smooth, and extremely quiet. Tata’s Ziptron technology also offers battery protection with quick charging, along with a linear power delivery that is suitable for urban conditions.
If you want state-of-the-art features like regenerative braking modes, connectivity with the ZConnect app, connected technologies, cruise control, and dual-tone interiors, especially on the XZ+ Tech Lux trim level, the new one is where you need to be.
Key Updates of New Tata Tiago EV
- Cruise control in mid and top variants
- Four regen modes with selectable levels
- OTA updates for connected features
- Auto-dimming IRVM (in higher variants)
- Updated colour options and graphics
| Variant | Transmission | Ex-Showroom Price |
| XE MR (19.2 kWh) | Automatic | ₹7.80 lakh |
| XT MR (19.2 kWh) | Automatic | ₹9.00 lakh |
| XT LR (24 kWh) | Automatic | ₹10.14 lakh |
| XZ+ Tech Lux LR | Automatic | ₹11.14 lakh |
Used Tata Tiago EV Quick Overview
Since the release of the Tiago EV late last year, a significant volume of vehicles from 2022 and 2023 is now being introduced into the used car market. Due to its newness, most of these vehicles still have active manufacturer warranties along with healthy batteries.
Depreciation for EVs is generally front-loaded, especially in year one. That’s when you’re a beneficiary as a used car buyer. You get the same electric powertrain, often the same range, most of the same trim levels, yet a much lower purchase price.
Well-maintained 2023 top models of Tiago EVs are available for sale between ₹8 and ₹9.5 lakh, depending on the city, kilometres traveled, and service history.
| Production Year | Transmission | Average Market Price |
| 2022 | Automatic | ₹6.80 – ₹7.50 lakh |
| 2023 | Automatic | ₹8.30 – ₹9.50 lakh |
New Tata Tiago EV vs Used Tata Tiago EV: Financing Comparison
Let’s say you’re eyeing the XE+MR variant, which is one of the most balanced trims with useful features. Here’s how the cost of financing plays out for the Tata Tiago EV new vs used Tata Tiago EV:
| New Tiago EV | Used Tiago EV | |
| Car Variant | XT+ LR (2024) | XZ+ LR (2023) |
| Ex-showroom/Resale Price | ₹10.14 lakh | ₹8.30 lakh |
| Down Payment | ₹1.50 lakh | ₹1.25 lakh |
| Loan Amount | ₹8.64 lakh | ₹7.05 lakh |
| Interest Rate | 9% | 11% |
| Loan Tenure | 5 years | 4 years |
| EMI | ~₹17,900 | ~₹18,400 |
| Total Interest | ₹2.04 lakh | ₹1.63 lakh |
| Total Amount Paid | ₹12.18 lakh | ₹9.93 lakh |
| Savings | ₹2.25 lakh |
While the EMI is nearly equal, given the increased interest for a car loan for a second-hand vehicle, you pay less for the outgo for the entire duration of the loan. In this scenario, you end up taking home nearly ₹2.4 lakh by choosing a second-hand variant.
New Tata Tiago EV vs Used Tata Tiago EV: Insurance Comparison
Here’s another area where the difference makes a difference—insurance. Electric cars also cost more to insure compared to ICE cars. But if you purchase a used one, your premium is lower as the insured declared value (IDV) is lower.
| New Tiago EV | Used Tiago EV (2023) | |
| Insured Declared Value (IDV) | ₹10.1–10.6 lakh | ₹7.5–8 lakh |
| Zero-Dep Policy Cost (Yearly Avg) | ₹35,000 | ₹26,000 |
| Estimated 5-Year Premium | ₹1.75 lakh | ₹1.45 lakh |
| Savings | ₹45,000 |
You’ll also get options for transferring any unused NCB (No Claim Bonus) if the previous owner hasn’t claimed insurance. That’s another sweet bonus.
New Tata Tiago EV vs Used Tata Tiago EV: Warranty, Servicing & Battery
- Battery Warranty: Both new and used models are covered under Tata’s standard 8-year/1.6 lakh km battery warranty. This warranty is transferable.
- Service Cost: Very low. Even for new cars, annual servicing is less than ₹3,000 since there are no engine components to maintain.
- Battery Life: Lithium-ion batteries typically degrade 2–3% annually. So a 1–2-year-old used Tiago EV will still deliver 95–97% of its original range, which is excellent.
- Spare Parts Availability: Tata’s growing EV ecosystem ensures you won’t struggle with parts, even for used models.
New Tata Tiago EV vs Used Tata Tiago EV: Which Should You Buy?
Go for the new Tiago EV if:
- You need up-to-date technology like cruise control and connected technology
- You want a full warranty and no record of any previous use
- You qualify for attractive EV rebates or corporate leasing options
Pick the used Tiago EV if:
- You’re value-savvy and seeking to save ~₹3 lakh in aggregate
- You spot a 2023 top-of-the-line model in good condition with service records
- You don’t mind skipping a couple of software upgrades or shade variants of paint
Bottom line? The new Tiago EV gives you state-of-the-art capabilities and reassurance. However, a pre-owned Tiago EV offers real savings with minimal compromise. For most economical EV buyers, a used Tiago EV, especially a 2023 model, is an attractive in-between option.
FAQs
Q. What is the battery replacement cost for Tiago EV?
A. It will cost you around ₹5–6 lakh, but with an 8-year warranty, hardly anyone will need it for more than a year.
Q. Can I fast charge both new and used Tiago EVs?
A. Yes. Both support CCS2 quick charging. A 10-80% top-off takes under 60 minutes.
Q. Are older Tiago EVs missing any major safety features?
A. No. All variants feature dual airbags, ABS with EBD, and ISOFIX mounting as standard.
Q. How many km is too much for a used EV?
A. Below 30,000 kilometers for EVs is pretty good. Monitor battery health, though.
Q. Do used EVs get green number plates and road tax exemption?
A. Yes. They retain their EV status and remain exempt from state fees and tolls according to state policy.
