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Mahindra Bolero and Bolero Neo Get A Price Hike

Joining the price hike bandwagon, Mahindra & Mahindra has announced a price hike for its popular rugged SUVs, the Bolero and Bolero Neo. The SUVs have gotten expensive by up to Rs 31,000.

Here’s a look at their updated price list: –

Mahindra Bolero

Mahindra BoleroRevised PriceQuantum of Price Hike
B4Rs 9.78 lakh+Rs 25,000
B6Rs 10 lakhUnchanged
B6 (O)Rs 10.79 lakh+Rs 31,000
Mahindra Bolero Price List (March 2023)

Also Read: Mahindra Thar 4×2 Variants Get Expensive By Rs 50,000

Mahindra Bolero Neo

Mahindra Bolero NeoRevised PriceQuantum of Price Hike
N4Rs 9.63 lakh+Rs 15,000
N8Rs 10.15 lakh+Rs 15,000
N10Rs 11.36 lakh+Rs 15,000
N10 Limited EditionRs 11.50 lakhUnchanged
N10 (O)Rs 12.14 lakh+Rs 15,000
Mahindra Bolero Neo Price List (March 2023)
  • As the above table indicates, the price hike for the Mahindra Bolero ranges between Rs 25,000 to Rs 31,000. Its mid-spec B6 variant remains unaffected by the price jump. With this, the Bolero rugged utility vehicle is now priced between Rs 9.78 lakh to Rs 10.79 lakh (ex-showroom).
  • Save for the N10 Limited Edition, all the variants of Mahindra Bolero Neo have received a uniform price hike of Rs 15,000. With this, the SUV now ranges between Rs 9.63 lakh to Rs 12.14 lakh (ex-showroom).
  • Apart from the price hike, both SUVs remain unchanged. They continue to be powered by a 1.5-litre diesel engine, paired with a 5-speed manual transmission. However, they have been tuned differently. For reference, the Bolero makes 75PS of maximum power and 210Nm of peak torque. On the other hand, the Bolero Neo comes in a higher state of tune (100PS /260Nm).
  • It’s not clear whether the brand has also updated these SUVs on the upcoming BS6 Phase-2 RDE emission norms.