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Published: Dec 29, 2025 04:11 pm IST
MG Motor India has expanded its assured buyback program for the Comet EV, Windsor EV and ZS EV, offering a guaranteed resale value option for 3, 4 or 5 years.
JSW MG Motor India has announced an extended assured buyback program for its electric vehicles. The program called MG Value Promise now offers an assured buyback option at the end of three, four or five years. Till now, MG’s buyback scheme was limited to a period of three years, with up to 60 per cent of the resale value guaranteed. With the latest update, the company has extended the coverage period to five years.
What does the Assured Repurchase Program offer?
Under the scheme, customers can choose a tenure of three, four or five years at the time of purchase. At the end of the selected period, owners can either retain the vehicle, surrender it to avail the assured resale value, or upgrade to a new MG model. The buyback program is not linked to any specific finance or loan package, and customers can freely opt for it.
The assured buyback offer is applicable on all three electric vehicles currently sold by MG in India: MG Comet EV, MG Windsor EV and MG ZS EV. Additionally, MG has confirmed that commercial users of the MG ZS EV will also be eligible for the buyback programme, although it is limited to a tenure of three years or up to 60,000 km, whichever is earlier.
(Also Read: MG Hector and Hector Plus facelift: Variant-wise prices and specifications)
Models covered under the scheme
MG currently has three EVs in its Indian portfolio. MG Windsor EV is priced between 13.99 lakh more Rs 18.39 lakh (ex-showroom). It is also offered under a Battery-as-a-Service (BaaS) model, where prices start from ₹9.99 lakh, including battery usage charges 3.9 per km. MG Comet EV price is From Rs 7.49 Lakh ₹9.99 lakh (ex-showroom), with BaaS option 4.99 lakh and battery rent 3.1 per km. MG ZS EV is priced between 17.99 lakh more 20.49 lakh (ex-showroom), while its BaaS variant starts at around Battery rental price is Rs 13 lakh 4.5 per km.
Commenting on the announcement, Anurag Mehrotra, Managing Director, JSW MG Motor India, said that resale value remains a major concern for EV buyers. He said the assured buyback program is designed to provide peace of mind and encourage wider adoption of electric vehicles by reducing uncertainty around long-term ownership.
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