Stories
Petrol or Electric Scooter Which One is More Profitable to Buy
- •Demand for both petrol and electric scooters is increasing rapidly in India.
- •The on-road price of a good petrol scooter typically ranges between Rs 90,000 to Rs 1 lakh.
- •The initial price of a good-range electric scooter can range from Rs 1,20,000 to Rs 1,45,000.
- •For a daily commute of 30 to 40 kilometers, petrol costs can exceed Rs 1,25,000 over 5 years while electricity costs remain between Rs 15,000 and Rs 20,000.
- •Considering all aspects for a daily commute of 30 to 40 kilometers an electric scooter can be more economical in the long run.
Key Questions Answered
A good-brand petrol scooter generally costs between Rs 90,000 and Rs 1 lakh, while a good-range electric scooter ranges from Rs 1,20,000 to Rs 1,45,000. This means purchasing an electric scooter upfront is typically about Rs 30,000 to Rs 45,000 more expensive than a petrol model.
For a daily commute of 30 to 40 kilometers, petrol expenses can exceed Rs 1,25,000 over 5 years, whereas home electricity charging costs only between Rs 15,000 and Rs 20,000. Additionally, 5-year maintenance is around Rs 30,000 for petrol scooters, compared to just Rs 8,000 to Rs 12,000 for electric models.
Yes, despite a higher initial purchase price and potential battery replacement costs of Rs 30,000 to Rs 40,000 after 5 years, electric scooters prove more economical overall. The massive savings on fuel and regular servicing offset these extra costs over time for a 30 to 40 kilometer daily commute.
