Thursday, February 26, 2026

Mahindra Rolls Out Heavy Festive Discounts Across SUV Lineup

Mahindra is going all out this festive season with cash benefits and offers across its most ICE and EV range, save for the Thar, Thar Roxx, BE 6 and XEV 9e. This announcement comes on the heels of the GST 2.0 price cuts, making the SUVs even more attractive.

ModelStarting Price (Ex-showroom)Discount / BenefitsKey Highlights
XUV400 EV₹17.89 lakhUp to ₹2.5 lakh39.5kWh battery, 456 km MIDC range
Bolero Neo₹8.92 lakh (N4)₹40k – ₹95k100hp 1.5L diesel
Bolero₹8.79 lakh (B2)Up to ₹90kRural workhorse; cosmetic update soon
Bolero Neo Plus₹10.77 lakh₹25k – ₹80k120hp 2.2L diesel, 3-row seating
XUV700₹13.19 lakhUp to ₹50k (₹30k cash + ₹20k accessories)197hp petrol / 182hp diesel; facelift due
Scorpio Classic₹12.38 lakh₹30k – ₹50k132hp 2.2L diesel, ladder-frame SUV
Scorpio N₹13.20 lakh₹25k – ₹40k175hp diesel / 203hp petrol; 4WD & AT available
XUV3XO₹7.28 lakh₹20k – ₹45kChoice of 3 engines: 111hp & 131hp petrol, 117hp diesel
Marazzo (Discontinued)₹14.06 lakhFlat ₹3 lakhMPV; limited unsold stock
  • Biggest discounts are on the now-discontinued Marazzo MPV, clearly a stock clearance push.
  • Discounts available on the Bolero Neo and Bolero Neo Plus suggets the brand wants to clear inventory before their upgraded models launch next month.
  • The XUV 400 EV gets a massive discount of up to Rs 2.5 lakh, showing the brand’s urgency to make it competitive against the Tata Nexon EV and MG Windsor.
  • Mahindra’s core SUVs like Bolero, Scorpio, Scorpio N, XUV 3XO and XUV700 also see moderate offers, ensuring mass-market pull during the festive season.

Also Read: 2025 Mahindra Thar Facelift: Larger Touchscreen and New Features Revealed

Mahindra’s festive offers might attract buyers to showrooms, especially for the XUV400 and Scorpio range. But at the same time, they also highlight Mahindra’s weaker spots, like older models (Marazzo, Bolero Neo) and challenges in EV sales. The big question is whether this sales push will last even after the festive season is over.

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