{"id":531322,"date":"2026-06-19T09:57:28","date_gmt":"2026-06-19T04:27:28","guid":{"rendered":"https:\/\/www.spinny.com\/blog\/?p=531322"},"modified":"2026-06-19T09:58:07","modified_gmt":"2026-06-19T04:28:07","slug":"ev-in-the-baas-scheme-vs-used-ev-pricing-comparison","status":"publish","type":"post","link":"https:\/\/www.spinny.com\/blog\/ev-in-the-baas-scheme-vs-used-ev-pricing-comparison\/","title":{"rendered":"EV in the BaaS scheme vs Used EV: Pricing Comparison"},"content":{"rendered":"\n

It goes without saying that a used car is more affordable than a new car, whether it is an ICE-powered car or an electric car. However, when it comes to electric cars, a new phenomenon has recently emerged that makes them more affordable. Baas or Battery as a Service separates the battery’s price from the electric vehicle’s ex-showroom price, making its upfront cost more affordable. Then the battery is offered for rent, and the buyer can pay a monthly fee to use it. So, a used EV or an EV with BaaS- which one offers more affordable ownership? We answer this question by evaluating and comparing the ownership costs of a used EV and an EV with BaaS.<\/p>\n\n\n\n

What is BaaS or Battery as a Service?<\/h2>\n\n\n\n

First, let\u2019s understand BaaS. As mentioned, BaaS is a battery rental model which separates the battery\u2019s cost from the electric vehicle\u2019s cost, substantially dropping the ex-showroom price of the vehicle. All the same, it does not mean you do not need to pay for the battery. To use the battery, you pay a monthly fee to the service provider. A key point to note is that most BaaS schemes have a minimum monthly fee, and you have to pay that fee whether you break even or not.<\/p>\n\n\n\n

For example, the most finance partners of MG Motor charge a minimum monthly fee for 1,500 km running per month for their BaaS schemes. So, if you buy an MG Windsor EV in the BaaS scheme, which has the BaaS price of Rs. 9.99 lakh + Rs. 3.9\/km (38 kWh battery) to Rs. 13.60 lakh + Rs. 4.5\/km (52.9 kWh battery), you will have to pay at least Rs. 3.9 X 1,500 = Rs. 5,850 every month for the smaller 38 kWh battery pack.<\/p>\n\n\n\n

ALSO READ:<\/strong> Battery as a Service (BaaS) Explained<\/a><\/p>\n\n\n\n

How different is buying a used EV from buying an EV with BaaS?<\/h2>\n\n\n\n

Buying a used EV is pretty much the same as buying a used ICE-powered vehicle, given EVs depreciate at nearly the same rate as ICE-powered vehicles. However, there is a concern with EVs: the battery. An electric car\u2019s battery life is 8 to 10 years, while internal combustion engines last much longer. Moreover, while many electric car brands offer a lifetime warranty on their electric car batteries, it is valid for only the first owners. If the vehicle is resold, the warranty is reduced to 8 years \/ 1,60,000 km for the second owner, which is calculated from the day the vehicle was bought as a brand-new model. So, if you are the second owner of an electric car and need to replace the battery after 8 to 10 years of its age, you will need to bear the cost of replacement and the new battery. Although with the latest technologies, electric car batteries\u2019 lives have been extended, and they last much longer than before.<\/p>\n\n\n\n

Meanwhile, if you buy an electric vehicle with BaaS, it is the service provider who maintains battery maintenance, keeps it in optimal health, and replaces it if needed. Although a lifetime warranty on the battery can only be enjoyed if you are the first owner of the electric car.<\/p>\n\n\n\n

Moreover, while buying an electric car with BaaS, you have to pay a significantly lower upfront cost compared to the down payment you will need to pay for a used EV.<\/p>\n\n\n\n

Note: In BaaS, the battery subscription charges do not include RTO tax, Insurance, TCS, and other statutory taxes, and you have to pay taxes on the full vehicle value because the battery is part of your vehicle.<\/strong><\/p>\n\n\n\n

ALSO READ: <\/strong>Electric Cars Available with BaaS Scheme in India<\/a><\/p>\n\n\n\n

EV in the BaaS scheme vs Used EV: Price Difference<\/h2>\n\n\n\n

To learn about the ownership cost differences, let\u2019s compare the ownership cost of an EV with BaaS and the ownership cost of a used or second-hand EV. We will use the MG Windsor EV<\/a>, the first car in India to offer BaaS, for evaluations.<\/p>\n\n\n\n

Case A – MG Windsor EV (Base Excite variant) with BaaS<\/h3>\n\n\n\n

Upfront cost:<\/strong> Rs. 9.99 lakh<\/p>\n\n\n\n

Downpayment (20%): <\/strong>20 % of Rs. 9.99 lakh = Rs. 1,99,800<\/p>\n\n\n\n

Loan amount<\/strong>: Rs. 7,99,200<\/p>\n\n\n\n

Monthly EMI on 9% interest:<\/strong> Rs. 16,590<\/p>\n\n\n\n

Charging cost<\/strong><\/p>\n\n\n\n