Nissan Magnite was launched at the starting price of Rs 4.99 lakh. Due to the high demand, Nissan Magnite's waiting period has gone up to 6 months for some variants.
For a long time, Nissanhas been lying low in the Indian market. During this inactive period, the Japanese carmaker only offered two models and only one of which was for the mass market. However, recently, Nissan has marked its return to the market with the launch of the Nissan Magnite in the sub-four-meter SUV segment. Practically, this new SUV is the only hope for Nissan’s future in our market. Fortunately, living up to the expectation, the car has gained a lot of attention from Indian buyers.
Nissan Magnite CVT & MT Test Drive Review
Within five days after launch, Nissan has acquired 5,000 bookings, which is an impressive number for a less popular car brand like Nissan. According to the report, over 60 percent of the bookings were for the two top-spec variants. It is also estimated that 40 percent of customers made bookings via online platforms.
Due to the overwhelming initial response, the waiting period for the Nissan Magnite has increased to 6 months for the entry-level XE variants. For higher variants, the waiting period is around one month in some cities. The top-spec XV Premium CVT variant can require up to around 2.5 months.
Nissan Magnite is able to gain such positive responses from the market mostly due to the attractive pricing strategy. The sub-four-meter SUV is launched at the introductory price of Rs 4.99 lakh for the lowest variant. At this price, the Nissan Magnite undercuts not only other competitors in the same segment but also other vehicles of the lower segments like Maruti Swift, Maruti Dzire, and more.
Nissan Magnite is the newest model to enter the sub-four-meter SUV space
Some car brands who tried to push the price low-end variant as low as possible to draw attention from customers while the top models make no significant difference compared to other rivals in terms of pricing. For Nissan Magnite, things are different. Even on the top-spec model, it still undercuts most cars in its class. At Rs 9.97 lakh, Nissan Magnite’s top variant is more affordable than Kia Sonet’s top trim (Rs 13 lakh) and Maruti Brezza top variant (Rs 11.40 lakh).
Such attractive pricing might be a driving force for car buyers from the hatchback and sedan segments to upgrade to SUVs, given that SUVs are becoming increasingly popular in recent years. In addition to the affordable price tags, the Nissan Magnite is also well-equipped. Nissan also offers some segment-first features on its new SUV.
Under the hood, Nissan Magnite is offered with two engine options, a 1.0-litre petrol engine and a 1.0-litre turbocharged engine. While the former puts out 72 PS and a maximum torque of 96 Nm, the latter is good for 100 PS and 160 Nm. A 5-speed manual gearbox option is available as standard for both engines. However, only the turbocharged engine gets a CVT automatic gearbox.