
Nissan Magnite
The Nissan Magnite is an easy-to-drive and economical SUV priced at ₹6 - 11 Lakh, featuring an economical 1.2L Turbo / 1.5L Diesel engine that delivers an impressive 20.0 kmpl fuel economy delivering frugal city travel. Major strengths include most affordable sub-4m SUV with turbo-petrol (100 PS), coupled with a commendable 4 Star crash test safety benchmark. A smart choice for daily metropolitan commuting, it combines practical packaging with rock-bottom cost of ownership and stress-free driving manners.
Nissan Magnite price starts from ₹6 Lakh for the base model and goes up to ₹9 Lakh for the top model (avg. ex-showroom) as of October 2026.
Nissan Magnite Price Details:
- Base Variant (XE MT): ₹6 Lakh
- Top Variant (XV Premium Turbo CVT): ₹9 Lakh
- Estimated On-Road Price: ₹6.72 Lakh - ₹10.08 Lakh
Nissan Magnite Engine & Variant Options:
- Engine Options: 1.2L Turbo / 1.5L Diesel
- Transmission: Manual / Automatic
- Variants: Available in 5 variants.
Nissan Magnite Best Variant: Which Variant Should You Buy?
Short Answer: The XV MT is our top recommendation for most buyers.
Our Recommended Nissan Magnite Variant
XV MT
The XV MT hits the sweet spot in the Nissan Magnite lineup. It provides essential modern features, excellent safety basics, and great driving dynamics without the steep premium demanded by the top-spec XV Premium Turbo CVT. Unless you absolutely require flagship-tier features (like ADAS or panoramic sunroofs), this is the smartest place to put your money.
5-Year Ownership Cost Estimate
| Cost Area (5 Yrs) | Base (XE MT) | Pick (XV MT) | Top (XV Premium Turbo CVT) |
|---|---|---|---|
| Purchase Price | ₹6 Lakh | ₹7.82 Lakh | ₹11 Lakh |
| Estimated Fuel | ₹2.58 Lakh | ₹2.58 Lakh | ₹2.87 Lakh |
| Insurance (Est.) | ₹90,000 | ₹1.17 Lakh | ₹1.65 Lakh |
| Service (Est.) | ₹30,000 | ₹39,100 | ₹55,000 |
| Minus Resale Value | -₹3 Lakh | -₹3.91 Lakh | -₹5.5 Lakh |
| Total Net Cost (5Y) | ₹6.78 Lakh | ₹8.05 Lakh | ₹10.57 Lakh |
Best Nissan Magnite Variant by Use Case
Best Automatic
For stress-free city traffic driving.
On a Strict Budget
Core performance without the premium features.
Highway Cruising
Maximum power, stability, and safety tech.
Continue Your Nissan Magnite Research
Compare XV MT vs Rivals
Before finalizing the Nissan Magnite XV MT, check out how it compares against similarly priced competitors.