Mahindra XUV700, Thar prices hiked by up to Rs 37,000

This is Mahindra's third price hike this year; surge in demand and rising input costs likely reasons for it.

Published on Sep 19, 2022 02:10:00 PM

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Mahindra has hiked the prices of its Thar and XUV700 SUVs by up to Rs 28,000 and Rs 37,000, respectively. This is the third price hike for both SUVs this year, with the first two introduced in January and April. A surge in demand for Mahindra SUVs and rising input costs can be attributed as reasons for the hike.

Mahindra XUV700 variant-wise price hike

The XUV700's prices have been increased between Rs 22,000 to Rs 35,000 for the petrol variants, while the hike for the diesel variants ranges between Rs 20,000 to Rs 37,000.

Here is a breakdown of the old and new prices of the XUV700:

Mahindra XUV700 Petrol Prices (EX-Showroom, Delhi)
VariantsNew PriceOld PriceDifference
MX MT 5-seatRs 13.45 lakhRs 13.18 lakhRs 27,000
AX3 MT 5-seatRs 15.50 lakhRs 15.28 lakhRs 22,000
AX3 AT 5-seatRs 17.20 lakhRs 16.84 lakhRs 36,000
AX5 MT 5-seatRs 16.79 lakhRs 16.55 lakhRs 24,000
AX5 MT 7-seatRs 17.44 lakhRs 17.19 lakhRs 25,000
AX5 AT 5-seatRs 18.54 lakhRs 18.30 lakhRs 24,000
AX7 MT 7-seatRs 19.44 lakhRs 19.21 lakhRs 23,000
AX7 AT 7-seatRs 21.19 lakhRs 20.95 lakhRs 24,000
AX7 AT Lux 7-seatRs 23.10 lakhRs 22.75 lakhRs 35,000

The variants with the highest and lowest price hike were both diesels – the top-spec AX7 AT AWD Luxury 7-seater (at Rs 37,000) and the AX3 MT 5-seat (at Rs 20,000).

Mahindra XUV700 Diesel prices (ex-showroom, Delhi)
VariantsNew PriceOld PriceDifference
MX MT 5-seatRs 13.96 lakhRs 13.70 lakhRs 26,000
AX3 MT 5-seatRs 16.00 lakhRs 15.80 lakhRs 20,000
AX3 MT 7-seatRs 16.80 lakhRs 16.53 lakhRs 27,000
AX3 AT 5-seatRs 17.91 lakhRs 17.58 lakhRs 33,000
AX5 MT 5-seatRs 17.44 lakhRs 17.20 lakhRs 24,000
AX5 MT 7-seatRs 18.09 lakhRs 17.84 lakhRs 25,000
AX5 AT 5-seatRs 19.24 lakhRs 18.92 lakhRs 32,000
AX5 AT 7-seatRs 19.84 lakhRs 19.56 lakhRs 28,000
AX7 MT 7-seatRs 20.14 lakhRs 19.86 lakhRs 28,000
AX7 MT Lux 7-seatRs 22.00 lakhRs 21.66 lakhRs 34,000
AX7 AT 7-seatRs 21.84 lakhRs 21.58 lakhRs 26,000
AX7 AT AWD 7-seatRs 23.24 lakhRs 22.98 lakhRs 26,000
AX7 AT Lux 7-seatRs 23.70 lakhRs 23.41 lakhRs 29,000
AX7 AT AWD Lux 7-seatRs 24.95 lakhRs 24.58 lakhRs 37,000

Mahindra Thar variant-wise price hike

The Thar, which recently got a mild update, is offered with petrol and diesel engine options in two trims – AX (O) and LX. The top-spec LX AT Hard Top petrol variant sees the highest price jump of Rs 7,000, while all other petrol variants are now costlier by Rs 6,000 each. 

Mahindra Thar Petrol Prices (ex-showroom, Delhi)
VariantsNew PriceOld PriceDifference
AX (O) MT Soft topRs 13.59 lakhRs 13.53 lakhRs 6,000
LX MT Hard topRs 14.28 lakhRs 14.22 lakhRs 6,000
LX AT Soft topRs 15.73 lakhRs 15.67 lakhRs 6,000
LX AT Hard topRs 15.82 lakhRs 15.75 lakhRs 7,000

On the other hand, prices for the AX(O) and LX MT diesel variants with Hard Top and Soft Top have been hiked by Rs 28,000. The LX AT diesel Soft Top and Hard Top variants prices have been increased by Rs 26,000. 

Mahindra Thar Diesel Prices (Ex-showroom, Delhi)
VariantsNew PriceOld PriceDifference
AX (O) MT Soft topRs 14.16 lakhRs 13.88 lakhRs 28,000
AX (O) MT Hard topRs 14.21 lakhRs 13.93 lakhRs 28,000
LX MT Soft topRs 14.77 lakhRs 14.49 lakhRs 28,000
LX MT Hard topRs 14.86 lakhRs 14.58 lakhRs 28,000
LX AT Soft topRs 16.20 lakhRs 15.94 lakhRs 26,000
LX AT Hard topRs 16.29 lakhRs 16.03 lakhRs 26,000

Upcoming Mahindra SUV launches in India

Mahindra will announce the price of the recently unveiled XUV400 EV in January 2023. Additionally, the updated XUV300 with a more powerful 1.2-litre turbo-petrol engine is expected to debut before the upcoming festive season. 

Also see: 

Mahindra unveils two XUV.e electric SUVs

Mahindra unveils electric-only BE sub-brand, three upcoming models

Mahindra Thar

₹ 11,46,967 * on road price (New Delhi)

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