Mahindra is set to make the most of the festive season by offering discounts, after slashing ex-showroom prices based on the latest GST 2.0 implications. Except for the rugged Thar and Thar Roxx, and the born-EVs (BE 6 and XEV 9e), Mahindra is offering festive discounts on all other models. The detailed variant-wise discount list indicates clear priorities for the season, with the entry-level EV – the XUV400 – and the slow-selling MPV – the Marazzo – getting lakhs in total discounts and benefits.
Disclaimer: Discounts vary from city to city and are subject to the availability of stock. Check with your local dealer for exact figures.
Mahindra XUV400
Gets up to Rs 2.5 lakh off
The brand's entry-level EV XUV400 starts from an unchanged ex-showroom price of Rs 17.89 lakh post the GST 2.0 implications. But is offering significant cash discounts of Rs 2.5 lakh. Through this move, the sub-4-metre SUV could gain traction in the highly competitive compact electric SUV segment. The EV comes with a 39.5kWh battery, with claimed driving range up to 456km (on the previous MIDC run that did not account for Urban and extra urban cycles).
Mahindra Bolero Neo
Every variant gets up to Rs 95,000 off
The Bolero Neo, which was essentially a major facelift for the TUV300, gets discounts for all its variants. With the revised GST 2.0 pricing, the base variant N4 now starts at Rs 8.92 lakh and receives up to Rs 40,000 off during the season. The mid-range N8 variant offers Rs 65,000 off, and the both top-spec N10 variants get Rs 95,000 worth of discounts. The newer Neo’s 1.5-litre diesel engine generates 100hp, 24hp more power than the classic Bolero.
Mahindra Bolero
Gets up to Rs 90,000 off
Prices for the classic sub-4-metre Bolero, which has been around for 25 years, now starts from Rs 8.79 lakh. Almost all its variants get discounts, with the mid-range B4 and B6 both getting Rs 35,000 off, the top-range B6 (Opt) variant getting Rs 90,000 off, leaving the base variant B2 with no discount. Last updated in 2023, the Bolero comes with a 76hp 1.5-litre 3-cyl diesel engine.
Mahindra Bolero Neo Plus
The ambulance variant gets Rs 80,000 off
The larger 9-seater Bolero Neo Plus that starts at Rs 10.77 lakh, offers Rs 25,000 off on both N4 and N10 variants, and the N4 ambulance version gets Rs 80,000 off. The larger SUV comes with a 2.2-litre diesel engine that generates 120hp.
Mahindra XUV 700
Gets up to Rs 50,000 off
The stylish successor to the XUV500—XUV700 now starts from Rs 13.19 lakh. The brand's seven and six-seater flagship ICE SUV gets more benefits through dealers, with every variant of getting discounts up to Rs 30,000, plus additional Rs 20,000 off on accessories, making it the only model on this list to get extra festive bonus. It comes with a 2.0 litre turbo charged petrol engine that generates 197hp, along with 2.2 litre diesel engine that generates up to 182hp.
Mahindra Scorpio Classic
Gets up to Rs 50,000 off
The boxy seven-seater Scorpio Classic SUV starts from Rs 12.38 lakh ex-showroom price, and both its variants get festive discounts. The base Classic S gets Rs 50,000 off, and the top-range Classic S11 gets Rs 30,000 off. The classic SUV comes with a 2.2-litre diesel engine that generates 132hp.
Mahindra Scorpio N
Gets up to Rs 40,000 off
The newer Scorpio N that now starts from Rs 13.20 lakh, gets festive discounts across all its variant range. The low-range Z4 diesel and petrol variants get Rs 25,000 off, the mid-range Z6 gets Rs 40,000 off, and some of the top-range Z8 get up to Rs 40,000 discount on diesel as well as petrol variants. The stylish version comes with a more powerful 2.2-litre diesel engine that generates up to 175hp and with 4x4 variants, along with a 2.0-litre turbo-petrol engine that generates 203hp.
Mahindra XUV3XO
Gets up to Rs 45,000 off
Similarly, the entry-level XUV 3XO SUV gets discounts across all its variants, after receiving the highest ex-showroom price cut on the list. The sub-4-metre SUV now starts from Rs 7.28 lakh and offers Rs 20,000 off on its low-range MX2, MX2 PRO petrol and diesel, MX3 diesel, and MX3 PRO diesel variants. The mid-range AX5L petrol and AX5 diesel get the same Rs 20,000 cash discount, and some of the top-range variants get discounts ranging between Rs 30,000-Rs 45,000. It comes with three engine options, 111hp 1.2-litre turbo petrol, 131hp 1.2L direct injection turbo petrol and 117hp 1.5L diesel.
Mahindra Marazzo
Gets the highest cash discount of Rs 3 lakh
Mahindra’s only MPV—Marazzo— has received a massive cash discount worth Rs 3 lakh on all its three variants. The seven-seater with an ex-showroom price starting from Rs 14.06 lakh has been among the least-selling model for Mahindra, but the cash benefits could help attract new buyers.
Rivan RS 
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