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TVS Jupiter 110 vs TVS Orbiter V2: A 6-Year Ownership Cost Comparison

  • 4 days ago
  • 3 min read
TVS Jupiter 110 vs. TVS Orbiter V2
TVS Jupiter 110 & TVS Orbiter V2

In the evolving landscape of personal mobility, consumers are increasingly weighing the long-term financial implications of their vehicle choices. This article provides a detailed 6-year ownership cost comparison between two prominent models from TVS: the conventional petrol-powered TVS Jupiter 110 (referred to as TVS Jupiter DA in the source document) and the electric TVS Orbiter V2. The analysis is based on data considering Delhi's electricity cost at ₹8 per unit (kWh) and a daily running of 30 km.


TVS Orbiter V2: 6-year Ownership Cost Comparison
TVS Orbiter V2: 6-year Ownership Cost Comparison

TVS Jupiter 110: Ownership Costs Over 6 Years


The TVS Jupiter 110, a popular choice in the scooter segment, incurs various costs over a six-year period. These include the initial on-road price, fuel expenses, maintenance, insurance, and tyre replacements.

Category

Cost (₹)

On-road Price

95,000

Power/Fuel Consumption

138,700

Maintenance

21,000

Insurance

15,000

Tyres (2 full sets)

8,000

Total (without inflation)

277,700

Total (with inflation)

304,000

Explanation of Calculations:

  • On-road Price: The approximate initial purchase cost of the scooter.

  • Power/Fuel Consumption: This figure is derived from a petrol price of ₹95 per liter and a mileage of 45 kmpl over six years of daily 30 km running. The calculation for 6 years (30 km/day 365 days/year 6 years = 65,700 km). Fuel consumed = 65,700 km / 45 kmpl = 1460 liters. Total fuel cost = 1460 liters * ₹95/liter = ₹138,700.

  • Maintenance: An estimated cumulative cost for routine servicing and minor repairs over six years.

  • Insurance: The approximate total cost of insurance premiums over the six-year period.

  • Tyres: This accounts for the replacement of two full sets of tyres during the ownership period.

  • Inflation Adjustment: The inflated total considers annual increases: Petrol prices at 5%, Electricity at 4%, Service & Tyres at 6%, and Insurance at 6% per annum.


TVS Orbiter V2: Ownership Costs Over 6 Years


The TVS Orbiter V2, an electric scooter, presents a different cost structure, primarily substituting fuel costs with electricity charges and including a potential battery replacement cost.

Category

Cost (₹)

On-road Price

109,894

Power/Fuel Consumption

15,585.18

Maintenance

6,000

Insurance

18,000

Tyres (2 full sets)

10,000

Battery Replacement (6th year)

67,500

Total (without inflation)

226,479.18

Total (with inflation)

236,000

Explanation of Calculations:

  • On-road Price: The approximate initial purchase cost of the electric scooter.

  • Power/Fuel Consumption (Electricity): This is calculated based on Delhi's electricity cost of ₹8 per unit (kWh) and a 10% charging loss. The effective cost to charge the 3.1 kWh battery from 0% to 100% is ₹27.28 (3.1 kWh 1.10 ₹8/kWh). For a daily running of 30 km, and assuming 115 km per charge, approximately 95.217 charges are needed annually (10,950 km / 115 km/charge). This results in an annual electricity cost of ₹2,597.52 (324.69 kWh * ₹8/kWh). Over six years, this totals ₹15,585.18.

  • Maintenance: Estimated cumulative cost for servicing over six years, typically lower for electric vehicles.

  • Insurance: The approximate total cost of insurance premiums over the six-year period.

  • Tyres: This accounts for the replacement of two full sets of tyres during the ownership period.

  • Battery Replacement: An estimated cost of ₹67,500 for battery replacement in the 6th year, considering an extended warranty of 5 years or 70,000 km.

  • Inflation Adjustment: The inflated total considers annual increases: Electricity at 4%, Service & Tyres at 6%, Insurance at 6%, and Battery replacement in the 6th year.


Comparative Analysis


Comparing the two models reveals significant differences in their 6-year ownership costs, particularly when accounting for inflation and the specific cost components of each vehicle type.

Category

TVS Jupiter 110 (₹)

TVS Orbiter V2 (₹)

On-road Price

95,000

109,894

Power/Fuel Consumption

138,700

15,585.18

Maintenance

21,000

6,000

Insurance

15,000

18,000

Tyres

8,000

10,000

Battery Replacement

-

67,500

Total (without inflation)

277,700

226,479.18

Total (with inflation)

304,000

236,000


Conclusion


Based on the 6-year ownership cost comparison, the TVS Orbiter V2 demonstrates a notable advantage in overall expenditure, particularly when considering the impact of inflation. While the initial on-road price of the Orbiter V2 is higher, its significantly lower power/fuel consumption costs (electricity vs. petrol) contribute to substantial long-term savings. Even with an estimated battery replacement cost in the sixth year, the electric scooter proves to be more economical over the extended ownership period. This analysis underscores the financial benefits of transitioning to electric vehicles, especially as fuel prices continue to be a major component of vehicle ownership costs. It is important to note that these figures are approximate and actual costs may vary based on individual usage, specific electricity and fuel prices in different regions, and maintenance practices.

 
 
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