Mahindra Car Price in India 2025: Complete Price List & Buying Guide

Mahindra car prices in India range from ₹7.99 lakh to ₹31.25 lakh across 15+ models. The cheapest is XUV 3XO at ₹7.99 lakh, while the most expensive is XEV 9e electric SUV at ₹31.25 lakh. Popular models include Thar Roxx (₹12.99L), Scorpio N (₹13.99L), and XUV700 (₹14.49L).

I know how frustrating it gets when you’re trying to find clear, updated Mahindra car prices. One dealer quotes ₹15 lakh, another says ₹17 lakh for the same model. Hidden charges pop up at the last minute. Regional price differences leave you confused about what you’ll actually pay.

You want straightforward answers. Real on-road prices, not just ex-showroom figures that don’t tell the whole story. Clear comparisons between variants without marketing fluff. Honest breakdowns of what you’ll spend beyond the sticker price.

Let me cut through the confusion. Here’s everything you need to know about Mahindra car pricing in 2025, including hidden costs most dealers won’t mention upfront.

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Complete Mahindra Car Price List 2025

SUV Models and Prices

Model	Ex-Showroom Price	Engine Options	Fuel Type
XUV 3XO	₹7.99 – 15.80 lakh	1.2L Petrol, 1.5L Diesel	Petrol/Diesel
Bolero	₹9.70 – 10.93 lakh	1.5L Diesel	Diesel
Bolero Neo	₹9.97 – 12.18 lakh	1.5L Diesel	Diesel
Thar	₹11.50 – 17.62 lakh	2.0L Petrol, 2.2L Diesel	Petrol/Diesel
Bolero Neo Plus	₹11.41 – 12.51 lakh	2.2L Diesel	Diesel
Thar Roxx	₹12.99 – 23.39 lakh	2.0L Petrol, 2.2L Diesel	Petrol/Diesel
Scorpio Classic	₹13.77 – 17.72 lakh	2.2L Diesel	Diesel
Scorpio N	₹13.99 – 25.42 lakh	2.0L Petrol, 2.2L Diesel	Petrol/Diesel
XUV700	₹14.49 – 25.14 lakh	2.0L Petrol, 2.2L Diesel	Petrol/Diesel
Marazzo	₹14.59 – 17.00 lakh	1.5L Diesel	Diesel

Electric Vehicle Prices

Mahindra’s electric lineup represents the future of Indian mobility. These models offer zero emissions with modern technology.

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Model	Ex-Showroom Price	Battery Capacity	Range (ARAI)
XUV400 EV	₹15.49 – 17.69 lakh	39.4 kWh	456 km
BE 6	₹18.90 – 27.65 lakh	79 kWh	683 km
XEV 9e	₹21.90 – 31.25 lakh	79 kWh	656 km

Electric vehicles cost more upfront but save significantly on running costs. Your monthly fuel bill drops to nearly zero. Maintenance costs are 40% lower than petrol cars.

Commercial Vehicles

Bolero Pik-Up series prices:

Bolero Pik-Up: ₹9.70 – 10.59 lakh
Bolero Camper: ₹10.41 – 10.76 lakh

These workhorses serve businesses across rural and urban India. Built tough for heavy-duty applications.

Mahindra Car Price by Category

Budget Cars Under ₹10 Lakh

XUV 3XO is your best bet here. Starting at ₹7.99 lakh, it offers 5-star safety ratings and modern features. The base MX1 variant includes essentials like power steering and central locking.

For those needing rugged utility, Bolero at ₹9.70 lakh remains unbeaten. It’s basic but bulletproof reliable.

Mid-Range SUVs (₹10-20 Lakh)

This segment offers the best value for families. Thar starts at ₹11.50 lakh for adventure seekers. Thar Roxx at ₹12.99 lakh adds family practicality with 5 doors.

Scorpio N at ₹13.99 lakh brings modern refinement to the classic Scorpio formula. XUV700 at ₹14.49 lakh offers premium features at competitive pricing.

Premium Models (₹20+ Lakh)

Top-spec variants of Scorpio N and XUV700 compete with luxury brands. Features include panoramic sunroof, ADAS technology, and premium sound systems.

Electric vehicles dominate this space. BE 6 and XEV 9e represent Mahindra’s electric future with cutting-edge technology.

Regional Price Variations

State-wise Pricing Differences

Prices vary significantly across states due to different tax structures:

State	Additional Cost (%)	Reason
Maharashtra	Base	Manufacturing hub advantage
Delhi	+2-3%	Higher registration fees
Karnataka	+3-4%	State taxes
Tamil Nadu	+4-5%	Road tax variations
West Bengal	+5-6%	Higher state levies
Kerala	+6-8%	Luxury tax on SUVs

Tax Implications

Your final price includes several components:

Ex-showroom price (base cost)
Road tax (3-8% depending on state)
Registration fees (₹5,000-15,000)
Insurance (₹25,000-80,000 annually)
TCS (1% on vehicles above ₹10 lakh)

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Metro vs Non-Metro Pricing

Metro cities often have higher on-road prices due to:

Premium location charges
Higher insurance rates
Additional municipal taxes

Non-metro areas can save you ₹50,000-1,00,000 on expensive models.

Total Cost of Ownership Analysis

Purchase Price Breakdown

Let’s take XUV700 AX7 (₹20 lakh ex-showroom) as an example:

Component	Cost	Percentage
Ex-showroom price	₹20,00,000	87%
Road tax	₹1,20,000	5.2%
Insurance	₹65,000	2.8%
Registration	₹12,000	0.5%
Accessories	₹1,00,000	4.5%
Total On-Road	₹22,97,000	100%

Insurance Costs

First-year insurance ranges from:

Compact SUVs: ₹25,000-40,000
Mid-size SUVs: ₹45,000-65,000
Premium SUVs: ₹60,000-80,000
Electric vehicles: ₹55,000-75,000

Maintenance Expenses

Mahindra offers competitive service costs:

Service Type	Cost Range	Frequency
Basic service	₹3,000-5,000	Every 10,000 km
Major service	₹8,000-15,000	Every 20,000 km
Annual maintenance	₹25,000-40,000	Depends on usage

Electric vehicles cut maintenance costs by 40% due to fewer moving parts.

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Fuel/Electricity Costs

Petrol models: 12-16 km/l average (₹6-8/km) Diesel models: 14-18 km/l average (₹5-6/km)
Electric models: 3-4 km/kWh (₹1.5-2/km)

Resale Value Considerations

Mahindra vehicles typically retain:

Year 1: 85-90% value
Year 3: 65-75% value
Year 5: 45-55% value

Popular models like Thar and Scorpio hold value better than others.

Financing and Purchase Options

EMI Calculators

For a ₹15 lakh XUV700 with 20% down payment:

Tenure	EMI (9% interest)	Total Interest
3 years	₹38,069	₹2,70,484
5 years	₹24,926	₹4,95,560
7 years	₹19,804	₹7,23,536

Loan Options and Rates

Current rates from major lenders:

SBI: 8.85-11.15% per annum
HDFC Bank: 9.00-11.25% per annum
ICICI Bank: 9.15-11.50% per annum
Mahindra Finance: 9.99-13.99% per annum

Exchange Offers

Mahindra typically offers ₹25,000-75,000 additional exchange bonuses during festive seasons. Your old car’s value gets evaluated at dealership.

Corporate Discounts

Company purchases enjoy:

2-5% direct discount
Extended warranty options
Fleet maintenance packages
Bulk purchase benefits

Best Time to Buy Mahindra Cars

Seasonal Offers and Discounts

Festive season (October-November): Maximum discounts of ₹50,000-1,50,000 Year-end (December-January): Dealer clearing inventory offers Pre-monsoon (May-June): Good deals before monsoon demand

Model Year-End Benefits

When new model years launch (typically April-May), previous year stocks get attractive pricing. You can save ₹30,000-80,000 on outgoing models.

Festival Season Deals

Diwali period typically offers:

Cash discounts: ₹25,000-1,00,000
Exchange bonuses: ₹15,000-50,000
Gold coin offers
Extended warranty packages

Regional festivals like Onam, Durga Puja also bring specific offers.

Mahindra vs Competitors Price Comparison

Vs Tata Motors

Segment	Mahindra	Price	Tata	Price
Compact SUV	XUV 3XO	₹7.99L	Nexon	₹8.00L
Mid-size SUV	XUV700	₹14.49L	Harrier	₹14.99L
Off-road SUV	Thar	₹11.50L	–	–
Electric SUV	XUV400	₹15.49L	Nexon EV	₹13.99L

Vs Hyundai

Segment	Mahindra	Price	Hyundai	Price
Compact SUV	XUV 3XO	₹7.99L	Venue	₹7.94L
Mid-size SUV	XUV700	₹14.49L	Creta	₹11.00L
Premium SUV	XUV700 top	₹25.14L	Tucson	₹27.69L

Vs Kia

Kia Seltos competes directly with XUV 3XO and XUV700. While exploring Kia cars price in India reveals competitive pricing, Mahindra offers better value in premium variants.

Value Proposition Analysis

Mahindra excels in:

Off-road capability (Thar series)
Space and practicality (7-seater options)
Build quality and reliability
After-sales service network

Competitors beat Mahindra in:

Fuel efficiency (Maruti, Hyundai)
Premium interiors (Kia, Hyundai)
Urban refinement

Upcoming Mahindra Cars and Expected Prices

2025-2026 Launch Timeline

Model	Expected Launch	Expected Price
XEV 7e	August 2025	₹21.00-30.00 lakh
New Bolero	October 2025	₹10.00-12.00 lakh
Thar Facelift	December 2025	₹12.00-18.00 lakh
XUV700 Facelift	January 2026	₹15.00-26.00 lakh
Thar.e (Electric)	March 2026	₹20.00-25.00 lakh

Expected Pricing

Electric Thar will likely start around ₹20 lakh, competing with premium electric SUVs. XEV 7e targets luxury EV segment with expected pricing above ₹21 lakh.

Pre-booking Information

Mahindra typically opens pre-bookings 2-3 months before launch. Booking amounts range from ₹25,000-1,00,000 depending on model positioning.

Buying Guide and Recommendations

Best Mahindra Car for Different Needs

First-time buyers: XUV 3XO offers safety, features, and affordability Adventure enthusiasts: Thar remains unmatched for off-road capability
Large families: XUV700 provides space, comfort, and modern technology Commercial use: Bolero series offers reliability and low maintenance Environment conscious: XUV400 EV or upcoming BE series for zero emissions

Features vs Price Analysis

Under ₹12 lakh: Focus on safety, reliability over premium features ₹12-18 lakh: Sweet spot for features like touchscreen, automatic climate control ₹18+ lakh: Premium features like panoramic sunroof, ADAS become standard

Dealer Network and Service

Mahindra operates 1,240+ showrooms across India. Service network covers 370+ cities. Rural penetration is strongest among all manufacturers.

Average service costs remain 15-20% lower than European brands but slightly higher than Maruti or Hyundai.

FAQs

The XUV 3XO is the cheapest Mahindra car starting at ₹7.99 lakh ex-showroom. It offers 5-star safety rating, modern features, and choice of petrol or diesel engines across multiple variants.

Thar and Scorpio models typically have the best resale value among Mahindra cars. They retain 70-75% value after 3 years due to strong brand appeal and robust build quality.

Mahindra electric cars like XUV400, BE 6, and XEV 9e offer excellent value with low running costs (₹1.5-2 per km), minimal maintenance, and zero emissions. However, initial purchase price is higher than ICE equivalents.

Mahindra car insurance costs range from ₹25,000-80,000 annually depending on model, variant, and coverage. Comprehensive insurance for mid-size SUVs typically costs ₹45,000-65,000 in the first year.

Current waiting periods vary by model: XUV 3XO (2-4 weeks), Thar Roxx (3-6 months), Scorpio N (6-8 weeks), XUV700 (4-8 weeks). Electric vehicles have longer waits of 4-8 months.

XUV700 and Scorpio N are best for highway driving with powerful engines, comfortable interiors, advanced safety features, and stable high-speed handling. Both offer excellent cruising capability for long-distance travel.

Yes, Mahindra offers corporate discounts of 2-5% for company purchases, fleet buyers, and employees of partner organizations. Additional benefits include extended warranty and preferential financing rates.

Hidden charges include TCS (1% on cars above ₹10 lakh), extended warranty, accessories, processing fees, and documentation charges. These can add ₹50,000-1,50,000 to your total cost.

Best buying times are festival seasons (October-November), financial year-end (March), and model year transitions. You can save ₹30,000-1,50,000 during these periods through various offers and discounts.

EMI calculation depends on loan amount, interest rate, and tenure. For a ₹15 lakh car with 20% down payment at 9% interest: 3-year EMI is ₹38,069, 5-year EMI is ₹24,926, and 7-year EMI is ₹19,804.