Make me understand BaaS
Recently the new be6 got launched with the BaaS and normal equivalent variant having a difference of approximately 8 lakh rupees which would in turn be more difference if we calculate on road prices.
Now diving into economics,please bare with me.
3.75/ km for lump sum 8 lakh rupees difference coverts into 2,13,000 km approx
According to them ,60 km per day average converts into 1800 km per month or say 6,750 rupees fixed charge per month.
Drawing and assumption that the loan period is for 8 years ,minimum Outflow comes around to be 6.5 lakh rupees
Contrary to what being discussed here and from other brands baas t&c there are no down payments or residuary loan settlement value at the end of term period .
As in case of my, different loan provider have different t&c,like bajaj taking fixed amount per month irrespective of km,others averaging out over quarters and what not.
Even for being in loss(not factoring in interest),only after 2222 km per month , normal pack seems economically viable,although realistically factoring in no dp and interest the km range would dramitically increase for normal ev users which in my idea would have ideal use case of 1500-2500 km per month.
I remember running these numbers at the time of mg and Tata launches but nothing was so lucrative,and definitely upfront payment was beneficial rather than Baas.
Heck at this prices +-1/2 lakh max you can afford is altroz/venue at/sonet diesel.
Running cost with home charging and baas would be almost equivalent between these cars and be6,factoring in maintaince cost ev would be slightly cheaper in long term even with baas,and definitely there is huge gap between category and class of vehicle like altroz/venue/sonet and be6.
Definitely one should wait for final t&c's and who would offer what type of loan schemes,but still drawing inferences from Baas as available in the market,the following queries raised in my mind
Outputs invited and encouraged.