Wednesday, July 24, 2024

Nissan Magnite likely to be priced from Rs 5.50 lakh

Nissan Magnite likely to be priced from Rs 5.50 lakh

The Nissan Magnite will likely be priced from Rs 5.50 lakh (ex-showroom), according to our sources. Nissan’s compact SUV is just a few weeks away from its India launch.

Nissan Magnite expected prices

As per our sources, the entry-level Nissan Magnite XE trim will be priced around Rs 5.50 lakh, while the range-topping XV Premium CVT is expected to be priced around Rs 9.55 lakh.

Also, the variants with the 1.0-litre turbo-petrol engine are expected to cost around Rs 1 lakh more than their naturally aspirated engine-equipped counterparts.

Nissan Magnite likely to be priced from Rs 5.50 lakh

These prices, if accurate, would make the Nissan Magnite one of the most affordable compact SUVs. To put this in context, the top-spec Magnite 1.0 Turbo Petrol XV Premium CVT, at Rs 9.55 lakh, is cheaper than the entry level automatic models of almost all rivals (barring the AMT-equipped Nexon XMA).

What is even more impressive is the fact that, at Rs 5.50 lakh, the Magnite would undercut the starting price of the entire lot of premium hatchbacks, barring the Tata Altroz (priced at Rs 5.44 lakh).

We have listed the tentative variant-wise prices in the table below:

Nissan Magnite expected prices (ex-showroom)
Variant Price
1.0 XE Rs 5.50 lakh
1.0 XL Rs 6.25 lakh
1.0 XV Rs 6.75 lakh
1.0 XV Premium Rs 7.65 lakh
1.0 Turbo XL Rs 7.25 lakh
1.0 Turbo XV Rs 7.75 lakh
1.0 Turbo XV Premium Rs 8.65 lakh
1.0 Turbo XL CVT Rs 8.15 lakh
1.0 Turbo XV CVT Rs 8.65 lakh
1.0 Turbo XV Premium CVT Rs 9.55 lakh

Nissan Magnite engine and gearbox options

As mentioned above, the Nissan Magnite compact SUV will come with two petrol engine options – a 72hp, 1.0-litre, naturally aspirated engine paired to a 5-speed manual gearbox, and a 1.0-liter, turbo-charged petrol engine (HRA0) that will make 100hp and 160Nm of torque. The turbocharged petrol engine will be available with either a 5-speed manual or a CVT automatic gearbox (with which torque drops to 152Nm).

The Nissan Magnite will not come with a diesel engine option.

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