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 5-Year Ownership Cost
Estimated Total Cost of Ownership (TCO) for 5 years or 50,000 kms.
Purchase Price
Base ex-showroom price used
Fuel Cost
50k km @ 100/L & 20 kmpl
Insurance
Estimated for 5 years
Maintenance
Scheduled service over 5 yrs
Resale Value
Estimated 40% retention
Net Ownership Summary
Total Net Cost
₹7,30,000
Total spent minus resale
Cost Per Month
₹12,167
Over 60 months
Cost Per Km
₹14.60
Over 50,000 kms