Mahindra has announced yet another price increment for the XUV700. This is the fourth hike for the SUV since its launch in September 2021. The variant-wise revised pricing is listed below –
Petrol Variants
| Mahindra XUV700 Petrol | New Price | Quantum of Price Hike |
| MX (5-seater) | Rs 13.45 lakh | Unchanged |
| AX3 (5-seater) | Rs 15.89 lakh | Rs 39,000 |
| AX3 AT (5-seater) | Rs 17.61 lakh | Rs 41,000 |
| AX5 (5-seater) | Rs 17.20 lakh | Rs 41,000 |
| AX5 (7-seater) | Rs 17.85 lakh | Rs 41,000 |
| AX5 AT (5-seater) | Rs 18.97 lakh | Rs 43,000 |
| AX7 (7-seater) | Rs 19.88 lakh | Rs 44,000 |
| AX7 AT (7-seater) | Rs 21.66 lakh | Rs 47,000 |
| AX7 L AT (7-seater) | Rs 23.60 lakh | Rs 50,000 |
Diesel Variants
| Mahindra XUV700 Diesel | New Price | Quantum of Price Hike |
| MX (5-seater) | Rs 13.96 lakh | Unchanged |
| AX3 (5-seater) | Rs 16.39 lakh | Rs 39,000 |
| AX3 (7-seater) | Rs 17.20 lakh | Rs 40,000 |
| AX3 AT (5-seater) | Rs 18.33 lakh | Rs 42,000 |
| AX5 (5-seater) | Rs 17.85 lakh | Rs 41,000 |
| AX5 (7-seater) | Rs 18.51 lakh | Rs 42,000 |
| AX5 AT (5-seater) | Rs 19.68 lakh | Rs 44,000 |
| AX5 AT (7-seater) | Rs 20.29 lakh | Rs 45,000 |
| AX7 (7-seater) | Rs 20.59 lakh | Rs 45,000 |
| AX7 L (7-seater) | Rs 22.32 lakh | Rs 32,000 |
| AX7 AT (7-seater) | Rs 22.48 lakh | Rs 64,000 |
| AX7 AWD AT (7-seater) | Rs 23.74 lakh | Rs 50,000 |
| AX7 L AT (7-seater) | Rs 24.21 lakh | Rs 51,000 |
| AX7 L AWD AT (7-seater) | Rs 25.48 lakh | Rs 53,000 |
All prices ex-showroom.
The diesel-powered AX7 automatic variant has received the highest hike of Rs 64,000. All other variants, except for the base-spec MX trim, have gotten dearer by Rs 32,000 to Rs 53,000.
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The XUV700 is offered with two engine options: a 2-litre turbocharged petrol making 200PS and 380Nm, and a 2.2-litre turbocharged diesel producing up to 185PS and 450Nm. Both units get a 6-speed manual and a 6-speed torque converter automatic transmission options.
In the mid-size SUV segment, the Mahindra XUV700 fights it out with the Hyundai Creta/Alcazar, MG Hector/Hector Plus and Tata Harrier/Safari.