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How is resale value of Reva or Mahindra e20?

By: Raju on 16 october 2014

2 Answers:

Mahindra electric vehicle ie e2o was introduced recently. But its not a completely new electric car. It has been playing its part in city roads of all metropolitan cities in the country with the famous name tag as Reva electric car. The onroad price of Reva car was in the range of 4 to 5Lakhs. As it is the only electric car available for practical usage, there is very good resale value for the same. General quoting price ranges from 2.0Lakh to 3.5Lakhs. Depending upon year of make, condition of vehicle and in particular condition of the battery.A Reva car with almost dead battery can be bought for as low as 1.5Lakh. Once has to account that the battery pack price itself ranges at around 75,000/- and that can make a huge difference and prompt to go for a smaller petrol cars like used Maruti Alto or a best conditoned Maruti Suzuki 800.

Sonal Gupta    2014-10-16

Indian buyers have the mindset that cars like Mahindra E2o start showing problems which means you will face difficulties while re selling this electric car. According to me if you are still thinking to buy Mahindra E2o and planning to use it for couple of year and sell it then you should properly take care of the vehicle and rather selling to the other you should go to Mahindra trust and sell their and I can assure you that you will receive better value and no need of searching customers.

Ridhi   2015-02-11

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