Mahindra SUVs Get Festive Discounts Up To Rs 3 Lakh: XUV400 To Scorpio-N
Mahindra has announced discounts of up to Rs 3 lakh on its SUV range for October and November. The benefits apply to seven models - XUV700, Bolero, Bolero Neo, Scorpio Classic, Scorpio N, XUV3XO, and the XUV400 electric SUV. The offers combine cash discounts, exchange bonuses, scrappage incentives, and corporate benefits, depending on the variant.
Biggest Discounts On XUV400 And Marazzo
The XUV400 EV gets the highest reduction at Rs 2.95 lakh. The discount aims to draw more customers towards Mahindra’s electric SUV by narrowing the price gap with petrol rivals.
The Marazzo MPV receives the maximum cash benefit of Rs 3 lakh across all variants. Prices now start at Rs 14.06 lakh ex-showroom. The sharp cut is intended to make the seven-seater more appealing, though the model has struggled to find steady buyers against established MPVs.
Tiered Benefits Across Scorpio N And XUV3XO
Discounts on the Scorpio N vary by variant. The Z4 trims get Rs 25,000 off, Z6 variants see Rs 40,000 benefits, and some Z8 petrol and diesel models also qualify for Rs 40,000 reductions. This structure gives entry buyers an incentive while pushing more value into higher trims.
The XUV3XO, which already saw a price correction earlier this year, now carries additional benefits. Entry MX2 and MX2 PRO trims get Rs 20,000 off, while top variants offer up to Rs 45,000 in savings. With prices starting from Rs 7.28 lakh after reductions, the compact SUV becomes competitive against the Tata Nexon, Hyundai Venue, and Kia Sonet.
XUV700, Bolero, And Bolero Neo Included
The flagship XUV700 comes with discounts of up to Rs 50,000. The model competes directly with the Hyundai Creta, Kia Seltos, and MG Hector, and the added savings help keep it attractive in a crowded segment.
Rural-focused models also get strong benefits. The Bolero has up to Rs 1.30 lakh off, while the Bolero Neo carries discounts of up to Rs 1.39 lakh. These savings strengthen the appeal of both models among buyers in smaller towns and semi-urban regions where Mahindra has strong brand recognition.
Wider Package Of Benefits
In addition to cash discounts, Mahindra’s scheme includes exchange bonuses, scrappage benefits, and corporate discounts. The corporate schemes in particular aim to tap into fleet purchases and employee benefit programs.
Financing tie-ups support the plan by offering easy EMI options and competitive loan rates. This helps reduce upfront financial pressure, especially for higher-priced SUVs.
Recent GST changes further improve effective prices, allowing customers to combine regulatory savings with Mahindra’s offers. For many buyers, this creates the strongest overall value seen in recent months.
Perfectly timed for the festive season
The offers come during October and November, a period when carmakers traditionally see higher demand. Navratri, Dussehra, and Diwali are considered favourable for purchases, and discounts are a way for manufacturers to capture buyer attention during this window.
Mahindra’s approach mirrors broader industry practice, where aggressive deals, special editions, and financing packages are rolled out to maximise quarterly sales. For manufacturers, strong festive performance often decides whether annual sales targets are met.
Mahindra’s latest round of offers gives buyers meaningful price relief across nearly its entire SUV range. While some models like the XUV400 and Marazzo receive the largest cuts, even popular models such as the Scorpio N and XUV700 carry benefits that can make a difference in final purchase decisions.