With variants on offer, working out the on-road price of the Mahindra Thar OG in Panvel in September 2026 takes more than glancing at the ex-showroom sticker at the dealership. RTO registration, insurance, and other statutory charges add to that figure, pushing the total up substantially, and the gap between variants only widens once these charges are applied.

The base model, AXT 1.5 Diesel MT RWD, is priced at Rs. 10.32 lakh ex-showroom in Panvel, working out to Rs. 12.39 lakh on-road once these charges are factored in.

• Base variant, AXT 1.5 Diesel MT RWD: Rs. 12.39 lakh on-road in Panvel
• ZXT 2.2 Diesel AT 4WD, the top model with 4x4, automatic gearbox: Rs. 22.79 lakh on-road in Panvel
   

An EMI of Rs. 18,020 against a loan of Rs. 11,20,000 is what financing the AXT 1.5 Diesel MT RWD comes to, a useful starting point before weighing whether a higher trim justifies the extra outlay.