Ampere Magnus vs. Premium ICE Scooters: Which Offers Better Value Over Time?

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Bangalore, India, Oct 04, 2024

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When you're trying to decide between an electric scooter like the Ampere Magnus and a traditional petrol-powered scooter (Internal Combustion Engine or ICE scooter), it’s essential to look beyond just the purchase price. The Total Cost of Ownership (TCO), which includes the cost of the vehicle, running expenses like fuel or electricity, maintenance, and insurance, provides a clearer picture of which option will be more cost-effective over time. 

Here, we'll break down the 5-year TCO for both the Ampere Magnus and a premium ICE scooter, taking into account the current costs and potential savings, especially if you're commuting daily. 

 

Initial Purchase and On-road Costs 

  • Ampere Magnus EX: ₹84,900 (ex-showroom), ₹94,145 (on-road cost, including insurance + RTO) 

  • Premium ICE Scooter: ₹83,752 (ex-showroom), ₹1,08,878 (on-road cost, including insurance + RTO) 

Although the Ampere Magnus has a slightly higher ex-showroom price compared to a premium ICE scooter, the real difference lies in the on-road costs. After factoring in insurance and RTO, the premium ICE scooter’s cost rises significantly, making the Ampere Magnus the more affordable option at the point of purchase. The lower registration and insurance fees for electric vehicles further add to these initial savings. 

 

Loan Repayment Costs (36 months, 10% ROI) 

  • Ampere Magnus EX: ₹87,488 

  • Premium ICE Scooter: ₹1,01,179 

If you are planning to finance your scooter, the loan repayment amounts reflect the financial advantage of choosing an electric scooter. While both scooters come with similar price tags, the premium ICE scooter has a higher overall loan repayment because of the higher on-road cost. Over a 3-year loan period, you’ll repay ₹13,691 more for the ICE scooter compared to the Ampere Magnus. This is an important consideration for those looking at manageable EMI payments over time. 

 

Fuel vs. Electricity Costs Over 5 Years 

  • Ampere Magnus EX: ₹9,714 (electricity cost) 

  • Premium ICE Scooter: ₹97,682 (fuel cost) 

One of the biggest factors in determining long-term savings is the difference between fuel and electricity costs. Over 5 years, the Ampere Magnus requires less than ₹10,000 for charging its battery, while the premium ICE scooter will cost nearly ₹1 lakh in fuel. That’s a 10x difference in running costs, with the Ampere Magnus saving you a massive ₹88,000 in this period. 

Electric scooters benefit from the fact that electricity prices are relatively stable, while petrol prices tend to fluctuate and generally increase over time. For daily commuters, these lower electricity costs are a huge advantage. Imagine covering 25 km each day for 5 years and paying only ₹9,714 in total! In contrast, the petrol expenses for the same distance on an ICE scooter will drain your wallet significantly faster. 

 

Insurance Renewal Over 5 Years 

  • Ampere Magnus EX: ₹10,000 

  • Premium ICE Scooter: ₹10,000 

Both scooters will incur insurance costs, and since insurance rates for two-wheelers are quite standardized, there’s little difference here. However, some policies might offer lower premiums for electric vehicles in the future as governments and insurance companies provide incentives to encourage the adoption of green vehicles. 

 

Service and Maintenance Costs 

  • Ampere Magnus EX: ₹17,520 (5 years) 

  • Premium ICE Scooter: ₹70,800 (5 years) 

The maintenance costs for electric scooters are significantly lower than those for petrol-powered vehicles. This is primarily because electric scooters like the Ampere Magnus have far fewer moving parts, which reduces the chance of mechanical failure. The Ampere Magnus doesn’t require engine oil changes, spark plug replacements, or air filter swaps, which are essential for ICE scooters. Additionally, with fewer parts needing regular upkeep, electric scooters tend to have shorter and less expensive service sessions, adding up to major savings over the years. 

In contrast, the premium ICE scooter will need frequent servicing, and the costs for maintaining a petrol engine can escalate, especially as the vehicle ages. Over a 5-year period, you could spend more than ₹70,000 just on maintaining an ICE scooter. 

 

Total Cost of Running (5 Years) 

  • Ampere Magnus EX: ₹37,234 

  • Premium ICE Scooter: ₹1,78,482 

Once you consider both fuel and maintenance costs, the Ampere Magnus stands out as a much cheaper alternative. Over the span of 5 years, you’ll be paying less than ₹40,000 to keep your Ampere running, whereas the ICE scooter’s running costs cross ₹1.75 lakh. The difference of over ₹1.4 lakh in operating costs alone should make the Ampere Magnus an attractive option for anyone focused on saving money in the long term. 

 

Cost per Kilometer 

  • Ampere Magnus EX: ₹0.74/km 

  • Premium ICE Scooter: ₹3.54/km 

Breaking the expenses down even further, it costs just ₹0.74 per kilometer to ride the Ampere Magnus, compared to ₹3.54 per kilometer on a premium ICE scooter. If you’re someone who commutes daily or uses their scooter extensively for work or errands, these per-kilometer savings can make a huge impact. Over time, the electric option proves much cheaper for those who cover a lot of ground. 

 

Total Cost of Ownership (TCO) Over 5 Years 

  • Ampere Magnus EX: ₹1,29,606 

  • Premium ICE Scooter: ₹2,82,661 

The TCO over 5 years shows a massive difference between the two models. Even though the premium ICE scooter may appear more affordable upfront, the running costs, fuel expenses, and maintenance make it significantly more expensive in the long run. The Ampere Magnus, on the other hand, provides a lower total cost of ownership, delivering exceptional value for money over the years. 

 

Conclusion 

Choosing between the Ampere Magnus and a premium ICE scooter comes down to long-term savings and convenience. While ICE scooters might still be popular, they cannot compete with the cost-effectiveness and low maintenance of electric scooters. With drastically reduced running and service costs, the Ampere Magnus proves to be the smarter financial choice, especially if you’re someone who rides daily or commutes long distances. 

In today’s economy, where fuel prices are continually on the rise, switching to an electric scooter like the Ampere Magnus not only benefits your wallet but also contributes to a sustainable and eco-friendly future. 

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