Nissan Magnite SUV Gets Discounts of up to Rs 90,000 in March
This March, Nissan is offering discounts on its Magnite SUV. The carmaker is also running a special finance scheme with a lower rate of interest (ROI) applicable to the model. Let's take a look at the model-specific offer details.
By Reetika Bhatt
Ahead of the implementation of new RDE and BS6 phase 2 emission norms in the country, Nissan India updated the offers on its popular Magnite SUV. It is important to note that both MY2022 and MY2023 models are eligible for the updated offers. Starting off, the Japanese automaker is providing benefits on the Magnite SUV worth up to Rs 90,000. These offers include an exchange bonus of up to Rs 20,000, a cash discount of up to Rs 20,000, a loyalty bonus of up to Rs 10,000, and a corporate discount of up to Rs 15,000. A pre-maintenance package worth up to Rs 12,100 (3 years), an online booking discount of up to Rs 2,000, and a special interest rate of 6.99 per cent are also available to new Nissan Magnite SUV customers in addition to these enticing special offers. Let's take a detailed look at all the available offers on the SUV in the following table.
| Discount Offers | MY22 Magnite BS6 Phase I | MY23 Magnite BS6 Phase I | MY23 Magnite BS6 Phase II |
| Pre-Maintenance Package | Up to Rs 12,100 (for 3 years) | Up to Rs 6,950 (for 2 years) | Up to Rs 6,950 (for 2 years) |
| Exchange Bonus | Up to Rs 20,000 | Up to Rs 20,000 | Up to Rs 10,000 |
| Cash/Accessories | Up to Rs 20,000 | Up to Rs 12,000 | - |
| Corporate Discount | Up to Rs 15,000 | Up to Rs 10,000 | Up to Rs 5,000 |
| Loyalty Bonus | Up to Rs 10,000 | Up to Rs 10,000 | Up to Rs 5,000 |
| Online Booking Bonus | Up to Rs 2,000 | Up to Rs 2,000 | Up to Rs 2,000 |
| Maximum Benefits | Up to Rs 90,100 | Up to Rs 71,950 | Up to Rs 31,950 |
Except for the XE variant, all of the above-mentioned offers, with the exception of the online booking discount, are valid for all variants.
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Nissan Magnite SUV: Variants and Features
Regarding the Nissan Magnite, the SUV has been a big volume spinner for Nissan India and could be held solely responsible for Nissan's sales turning around due to its aggressive pricing, appealing styling, and a decent set of features. The Magnite is currently offered in five different variants: XE, XL, XV Executive, XV, and XV Premium.
When it comes to features, the Nissan Magnite SUV boasts an 8-inch touchscreen infotainment system with Android Auto and Apple CarPlay, push-button start, smart key, auto air conditioning, rear AC vents, cruise control, wireless phone charger, air purifier, and more. The Nissan Magnite SUV also includes a rear parking sensor, ISOFIX child seat mounts, dual front airbags, ABS with EBD, Electronic Stability Control (ESC), and a Tyre Pressure Monitoring System (TPMS), among other safety features. The top-spec model comes with even more features, including a 360-degree camera, about 50 connected car features, Smartwatch connectivity, etc.
Nissan Magnite SUV: RDE-Compliant Engines
Mechanically speaking, there are two engine options for the Nissan Magnite SUV in India: a 1.0-litre three-cylinder naturally aspirated (NA) engine that churns out 71bhp of maximum power and 96Nm of peak torque, and a 1.0-litre three-cylinder turbocharged petrol engine with 99bhp of maximum power and 160Nm of peak torque. The turbocharged petrol engine also offers a CVT automatic transmission as an option, and both units come standard with a five-speed manual transmission.
Also Read: Nissan Kicks SUV Bookings Stopped in India; Here's Why
Nissan Magnite SUV: Price
Following the recent updates, the cost of the 2023 Nissan Magnite ranges from Rs 6 lakh to Rs 10.58 lakh. Both prices are ex-showroom. The Magnite SUV has been a top-seller for Nissan India, so it is expected that the updated benefits on the SUV would enable the brand to increase its overall sales figures this month.
