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)
Variants	New Price	Old Price	Difference
MX MT 5-seat	Rs 13.45 lakh	Rs 13.18 lakh	Rs 27,000
AX3 MT 5-seat	Rs 15.50 lakh	Rs 15.28 lakh	Rs 22,000
AX3 AT 5-seat	Rs 17.20 lakh	Rs 16.84 lakh	Rs 36,000
AX5 MT 5-seat	Rs 16.79 lakh	Rs 16.55 lakh	Rs 24,000
AX5 MT 7-seat	Rs 17.44 lakh	Rs 17.19 lakh	Rs 25,000
AX5 AT 5-seat	Rs 18.54 lakh	Rs 18.30 lakh	Rs 24,000
AX7 MT 7-seat	Rs 19.44 lakh	Rs 19.21 lakh	Rs 23,000
AX7 AT 7-seat	Rs 21.19 lakh	Rs 20.95 lakh	Rs 24,000
AX7 AT Lux 7-seat	Rs 23.10 lakh	Rs 22.75 lakh	Rs 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)
Variants	New Price	Old Price	Difference
MX MT 5-seat	Rs 13.96 lakh	Rs 13.70 lakh	Rs 26,000
AX3 MT 5-seat	Rs 16.00 lakh	Rs 15.80 lakh	Rs 20,000
AX3 MT 7-seat	Rs 16.80 lakh	Rs 16.53 lakh	Rs 27,000
AX3 AT 5-seat	Rs 17.91 lakh	Rs 17.58 lakh	Rs 33,000
AX5 MT 5-seat	Rs 17.44 lakh	Rs 17.20 lakh	Rs 24,000
AX5 MT 7-seat	Rs 18.09 lakh	Rs 17.84 lakh	Rs 25,000
AX5 AT 5-seat	Rs 19.24 lakh	Rs 18.92 lakh	Rs 32,000
AX5 AT 7-seat	Rs 19.84 lakh	Rs 19.56 lakh	Rs 28,000
AX7 MT 7-seat	Rs 20.14 lakh	Rs 19.86 lakh	Rs 28,000
AX7 MT Lux 7-seat	Rs 22.00 lakh	Rs 21.66 lakh	Rs 34,000
AX7 AT 7-seat	Rs 21.84 lakh	Rs 21.58 lakh	Rs 26,000
AX7 AT AWD 7-seat	Rs 23.24 lakh	Rs 22.98 lakh	Rs 26,000
AX7 AT Lux 7-seat	Rs 23.70 lakh	Rs 23.41 lakh	Rs 29,000
AX7 AT AWD Lux 7-seat	Rs 24.95 lakh	Rs 24.58 lakh	Rs 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)
Variants	New Price	Old Price	Difference
AX (O) MT Soft top	Rs 13.59 lakh	Rs 13.53 lakh	Rs 6,000
LX MT Hard top	Rs 14.28 lakh	Rs 14.22 lakh	Rs 6,000
LX AT Soft top	Rs 15.73 lakh	Rs 15.67 lakh	Rs 6,000
LX AT Hard top	Rs 15.82 lakh	Rs 15.75 lakh	Rs 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)
Variants	New Price	Old Price	Difference
AX (O) MT Soft top	Rs 14.16 lakh	Rs 13.88 lakh	Rs 28,000
AX (O) MT Hard top	Rs 14.21 lakh	Rs 13.93 lakh	Rs 28,000
LX MT Soft top	Rs 14.77 lakh	Rs 14.49 lakh	Rs 28,000
LX MT Hard top	Rs 14.86 lakh	Rs 14.58 lakh	Rs 28,000
LX AT Soft top	Rs 16.20 lakh	Rs 15.94 lakh	Rs 26,000
LX AT Hard top	Rs 16.29 lakh	Rs 16.03 lakh	Rs 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