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Mahindra Bolero, Neo prices hiked by up to Rs 22,000

The brand is also gearing up to introduce the Neo Plus, the third model in the Bolero range.
2 min read21 Sep '22
Akhil DalviAkhil Dalvi
33K+ views
2022 Mahindra Bolero front quarter.

Mahindra has introduced a price hike for its Bolero and Bolero Neo SUVs this month, which recently received a cosmetic update in the form of the brand’s ‘Twin Peaks’ logo. The Bolero and Bolero Neo are now more expensive by Rs 20,000 and Rs 22,000, respectively, with Mahindra attributing rising input costs as the reason for the hike.

Mahindra Bolero variant wise price hike

Mahindra offers the long running Bolero SUV in 3 variants – B4, B6, and B6(O). However, the brand has only increased the prices of the B4 and B6(O) variants by Rs 20,000 and Rs 22,000, respectively. 

Here is a breakdown of the old and new prices of the Bolero.

Mahindra Bolero prices (ex-showroom, Delhi)
New priceOld priceDifference
B4
Rs 9.53 lakhRs 9.33 lakhRs 20,000
B6
Rs 10 lakhRs 10 lakh-
B6(O)
Rs 10.48 lakhRs 10.26 lakhRs 22,000

Mahindra Bolero Neo variant wise price hike

The Bolero Neo, which was launched last July, is currently offered in four variants – N4, N8, N10, and N10(O). The brand has, however, only increased the prices of the N4, N8, and N10(O) variants by Rs 19,000, Rs 21,00 and Rs 21,000, respectively.

Here is a price breakdown comparing the old and new prices of the Bolero Neo.

Mahindra Bolero Neo prices (ex-showroom, Delhi)
New priceOld priceDifference
N4
Rs 9.48 lakhRs 9.29 lakhRs 19,000
N8
Rs 10 lakhRs 10 lakh-
N10
Rs 11.21 lakhRs 11 lakhRs 21,000
N10(O)
Rs 11.99 lakhRs 11.78 lakhRs 21,000

Upcoming Mahindra SUV launches

Back in June 2022, we had reported that Mahindra will add another body style to its popular Bolero line-up in the form of the Bolero Neo Plus. Based on the TUV300 Plus SUV, which was on sale until April 2020, the Bolero Neo Plus is expected to be offered in 7- and 9-seat configurations.

Mahindra will also 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 ahead of the upcoming festive season.

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Mahindra Bolero, Bolero Neo SUV prices September 2022 - Introduction | Autocar India