You Can Subscribe Nissan Magnite From Rs 17,999/Mo: City-Wise Breakup Explained

You Can Subscribe Nissan Magnite From Rs 17,999/Mo: City-Wise Breakup Explained
You Can Subscribe Nissan Magnite From Rs 17,999/Mo: City-Wise Breakup Explained

Recently, Nissan Motor India has come up with a subscription-based model for its offerings.

Interestingly, these offerings include the newly launched Magnite too.

Contents

How Did This Happen?

The move s to create an appeal to the prospective customers, who are looking for a mobility option without wanting to make an outright purchase. 

On one hand, Magnite and Kicks are offered under Nissan brand, while Datsun’s redi-Go hatchback is also being offered under this facility.

 Datsun’s redi-Go has been launched in partnership with Orix India.

The subscription model is only available to customers in Delhi/NCR, Hyderabad and Chennai at the start.

Although, it will soon be rolled out to customers in Bengaluru, Pune and Mumbai as well. 

With this offering, Nissan is hoping that in pandemic times, when there is an increased need for personal mobility, the subscription model is able to find its mark for buyers.

Especially those who may not want to commit to a large financial investment that comes with any new vehicle.

But still, the question arises that how much will you still have to spend to subscribe to a Nissan vehicle? 

Nissan Subscription-Based Model

To make it simpler to understand, let’s go through a detailed take on Magnite subscription structure in cities where available, for reference purposes.

Subscription Cost For Delhi (10,000 kms)

Model Name Total Ex-Showroom Price (all prices here are INR)24 months36 months48 months48 months with AMC
Magnite MT XV7,15,00024,63221,41819,06417,999
Magnite MT XV Premium 7,84,00026,88223,30220,71920,060
Magnite Turbo MT XV8,25,00028,27324,55421,83921,063
Magnite Turbo MT XV Premium 9,05,00030,81026,68823,71422,990
Magnite Turbo CVT XV9,15,00031,12826,95523,94923,231
Magnite CVT XV Premium9,90,00033,50628,95625,70625,038


Subscription Cost For Ghaziabad/Noida (10,000 kms)

Model Name Total Ex-Showroom Price (all prices here are INR)  24 months  36 months  48 months  48 months with AMC 
Magnite MT XV  7,15,000 24,839 21,564 19,180 17,999
Magnite MT XV Premium   7,84,000 27,121 23,472 20,853 20,197
Magnite Turbo MT XV  8,25,000 28,532 24,737 21,985 21,212
Magnite Turbo MT XV Premium   9,05,000 31,106 26,898 23,881 23,160
Magnite Turbo CVT XV  9,15,000 31,428 27,168 24,118 23,404
Magnite CVT XV Premium  9,90,000 33,842 29,194 25,896 25,231


Subscription Cost For Chennai (10,000 kms)

Model Name Total Ex-Showroom Price (all prices here are INR)  24 months  36 months  48 months  48 months with AMC 
Magnite MT XV  7,15,000 25,364 21,936 19,476 18,799
Magnite MT XV Premium   7,84,000 27,711 23,889 21,185 20,555
Magnite Turbo MT XV  8,25,000 29,160 25,182 22,339 21,592
Magnite Turbo MT XV Premium   9,05,000 31,701 24,504 21,830 21,084
Magnite Turbo CVT XV  9,15,000 32,140 27,897 24,519 23,834
Magnite CVT XV Premium  9,90,000 34,624 29,748 26,337 25,702

Subscription Cost For Hyderabad (10,000 kms)

Model Name Total Ex-Showroom Price (all prices here are INR)  24 months 36 months  48 months  48 months with AMC  
Magnite MT XV  7,15,000 26,919 23,039 20,353 19,675
Magnite MT XV Premium   7,84,000 29,395 25,083 22,135 21,505
Magnite Turbo MT XV  8,25,000 30,921 26,430 23,332 22,585
Magnite Turbo MT XV Premium   9,05,000 33,720 28,750 25,377 24,663
Magnite Turbo CVT XV  9,15,000 34,070 29,040 25,607 24,923
Magnite CVT XV Premium  9,90,000 36,694 31,215 27,504 26,871

In December of 2020, Magnite was launched and at the time, was the most affordable subcompact SUV in the market. 

So far, it has largely been received well by buyers. It remains a make-or-break offering from Nissan and seems to have weathered the pandemic storm well.

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