Introduction
Tata Motors has quickly emerged as a top player in India’s electric vehicle (EV) market, with the likes of the Tiago EV, Punch EV, and Nexon EV leading the charge. In 2025, EV prices are still relatively high compared to their diesel or petrol variants, so affordability becomes the primary concern for most consumers. That’s where the Tata exchange offer is helpful. These promotions enable consumers to exchange their old car, under the scheme of the Tata exchange offer, no matter the fuel type or brand, and get handsome discounts on a new Tata EV.
Whether you are buying an EV for the first time or replacing an older vehicle, knowing how to use these offers to your advantage can save you lakhs. In this article, we tell you step by step how to do it using Tata’s exchange schemes, from bonuses stacking to choosing the right model at the right time.
What Is the Tata Exchange Offer?
The Tata Exchange Offer is a program that offers consumers a financial incentive to trade in their old car when they buy a new Tata electric car. It’s one aspect of Tata Motors’ larger effort to promote EV adoption by lowering the out-of-pocket cost.
At its essence, the offer comes with an exchange bonus or scrappage bonus, which is an additional cash discount when you trade in your old car, no matter if it’s a Tata or non-Tata brand, petrol, diesel, or even CNG. The bonus varies by model and age but can be up to Rs. 50,000 in most scenarios.
The procedure is simple: when you go to a Tata dealership, your old vehicle is assessed according to its condition, age, and market value. If the car is fit to drive on the road, it is eligible for an exchange bonus. If it’s at the end of its life, it may also be eligible under the scrappage policy. The bonus is then subtracted from the price of your new Tata EV after inspection.
Current Exchange Offers (June 2025) – Model Wise
Here are the June 2025 exchange/scrappage offers from Tata Motors, broken down by model and by model year (MY):
| Model | MY 2024 Max Discount | MY 2025 Discount | Details & Breakdown |
| Tiago EV | Rs. 100,000 | Rs. 40,000 | MY 2024: XT LR gets Rs. 100k (Rs. 50k green + Rs. 50k exchange/scrappage); XE gets Rs. 55k; XZ+ variants Rs. 70k. MY 2025: flat Rs. 40k off across all trims |
| Punch EV | Rs. 90,000 | Rs. 40,000 | MY 2024 (LR ACFC): Smart trims Rs. 45k, higher trims Rs. 70k, top benefit Rs. 90k. MY 2025: Rs. 40k flat discount |
| Nexon EV | Rs. 40,000 | Rs. 40,000 | MY 2024: Rs. 40k (Rs. 20k green + Rs. 20k exchange). MY 2025: similar Rs. 40k benefit |
| Curvv EV | Rs. 70,000 | — | MY 2024: Rs. 70k total (Rs. 50k green + Rs. 20k exchange). MY 2025: No standard discount documented yet |
Highlights & Observations
- Tiago EV offers the highest discount on MY 2024 stock—up to Rs. 1 lakh for the XT LR trim. Overall, MY 2025 units receive Rs. 40k.
- Punch EV is close behind, with MY 2024 Long‑Range variants reaching Rs. 90k, and MY 2025 models topping out at Rs. 40k.
- Nexon EV gives Rs. 40k in both years—divided between green and exchange incentives on MY 2024.
- Curvv EV MY 2024 units receive Rs. 70k benefits aimed at green causes; no solid MY 2025 deals reported.
Step-by-Step: How to Use the Tata Exchange Offer
It is an easy process to use the Tata exchange offer, but taking each step meticulously can ensure you get the best deal with the least trouble. Following is a step-by-step guide that will help you through it:
- Check your existing vehicle’s eligibility
Begin by going to a Tata Motors dealership or their website. Some dealers have online forms where you current vehicle can get an initial idea regarding its eligibility under the exchange or scrappage scheme.
- Have your old vehicle assessed.
Go to the closest Tata dealership with your old car. A professional assessor will check the age of the vehicle, its condition, service record, and registration papers. Based on this, he’ll work out the resale or scrap value and the Tata exchange offer you are eligible for.
- Pick your new Tata EV.
After your old vehicle’s value is determined, you have the option to choose from the listed Tata electric vehicles, such as the Tiago EV, Punch EV, Nexon EV, or Curvv EV. Keep your budget in mind, your driving requirements (range and charging), and which version provides the most significant discounts or other incentives.
- Submit the required documents.
After finalizing the model, you’ll need to provide key documents such as the old vehicle’s RC, insurance papers, valid ID proof, and address proof. If the old vehicle had an active loan, the dealership may also ask for a no-objection certificate (NOC) from the previous financier.
- Get your final price with all deductions applied.
Once all paperwork is completed and your bonuses (exchange, green, loyalty, etc.) are approved, the dealership will provide the final on-road price after applying all eligible discounts. If you’re opting for finance, this is also when the EMI breakdown will be finalized.
City-Wise or Dealer-Wise Differences
Though Tata Motors announces a Tata exchange offer and bonuses at the country level, what you get may differ based on your city or even the dealership. Dealerships usually have separate stock-clearing strategies, local promotional partnerships, or regional incentives, particularly in high-EV-adoption states such as Maharashtra, Delhi, and Karnataka.
If you reside in a metro with 2–3 Tata dealerships, it is advisable to compare prices at 2–3 outlets. And if you don’t mind traveling a short distance for pickup, rural or semi-urban dealerships may offer better exchange values or quicker availability for sought-after variants.
Conclusion
The Tata exchange offer program is one of the most innovative ways to save big. By combining model-specific discounts, exchange bonuses, and loyalty, if you are going to upgrade to an electric vehicle in 2025, the Tata exchange offer program is one of the brightest means of saving big. By combining model-specific discounts, exchange incentives, loyalty rewards, and potential state incentives, you can unlock overall savings of up to Rs. 1.5 lakh to even Rs. 2 lakh—particularly on MY 2024 inventory.
That being the case, these deals are limited by time and quantity of stock, and most of them are only valid until June 30, 2025, or until the current MY 2024 inventory is sold out. Therefore, if you’re serious about switching to an EV, it is time to move now—before prices go up and the deals are gone.
FAQs
- How much will I save with the Tata exchange offer in 2025?
In 2025, the Tata exchange bonus varies from Rs. 20,000 to Rs. 50,000 based on the condition of the car and dealership. Stacking it with loyalty, green, and cash discounts, your overall savings can reach Rs. 2 lakh, particularly on MY 2024 EVs.
- Is any brand of car eligible for exchange?
Yes, Tata accepts any car brand, including Maruti, Hyundai, Toyota, Mahindra, and so on. Provided that the ownership and documents are genuine, your vehicle is eligible for exchange.
- Is the Tata exchange offer open to petrol or diesel vehicles?
No problem. You can exchange a petrol, diesel, CNG, or hybrid car. The offer is not specific to Tata vehicles—any brand qualifies.
- Must I scrap my existing vehicle to receive the bonus?
No. If your vehicle is roadworthy, it’s eligible for a Tata exchange offer bonus. If older (usually 10–15+ years) and not roadworthy, it might be eligible for a scrappage bonus instead. Both offer similar values.
- What Tata exchange offer has the best discount?
As of June 2025, the Tiago EV XT LR (MY 2024) has the maximum overall discount, up to Rs. 1 lakh, inclusive of green bonus, cash discount, and Tata exchange offer benefits.
