Archive · 29 Sep 2025
Nexon EV Depreciates 41-51% After 5 Years
Electric vehicles are becoming more popular, but buyers are concerned about owning them.
This article looks at the Tata Nexon EV, a popular electric car in India.
It focuses on the 2020 XZ Plus model to see how much its value has decreased after 5 years.
The car's value has gone down by about 49% (somewhere between 41.5% to 51%).
This is similar to how much regular petrol or diesel cars lose value over the same time.
This information helps potential buyers understand if buying a used EV is a good deal.
The article assesses the depreciation of the 2020 Tata Nexon EV XZ Plus after 5 years.
The Nexon EV was initially a popular electric car, cornering 80% of the electric passenger vehicle market.
The average resale price of a 5-year-old Nexon EV XZ Plus is between Rs 7.00 lakh to Rs 8.60 lakh.
The original on-road price was Rs 16.88 lakh.
The Nexon EV retains 41.5% to 51% of its original value after 5 years.
- Who
- Potential buyers and owners of the 2020 Tata Nexon EV.
- What
- The depreciation of the 2020 Tata Nexon EV XZ Plus after 5 years of ownership.
- When
- After 5 years of ownership.
- Where
- India
- Why
- To understand the pros and cons of EV ownership and assess the vehicle's resale value.
- Vehicle
- Tata Nexon EV XZ Plus
- Year
- 2020
- Mileage
- 50,000 km (average)
- Original Ex-Showroom Price
- Rs 14.99 lakh
- Original On-Road Price
- Rs 16.88 lakh
- Resale Price Range
- Rs 7.00 lakh to Rs 8.60 lakh
- Depreciation
- 41.5% to 51%