Mahindra Offers Up to ₹2.5 Lakh Off This July: XUV700, Scorpio, XUV 3XO Get BIG Discounts
Mahindra has kicked off July with a surprise move that’s catching the attention of SUV buyers. With discounts reaching as high as ₹2.5 lakh, the homegrown SUV maker is offering rare benefits across a wide range of models, including the rugged Scorpio Classic, newly launched XUV 3XO, and the popular XUV700. These offers are not limited to slow-selling models but extend to some of Mahindra’s bestsellers, indicating a strategic push to clear inventory and maintain sales momentum before the festive season rush.
Here is a breakdown of the offers and what buyers can expect.
Scorpio Classic: Highest Discount This Month
Leading the discount pack is the Scorpio Classic, particularly the top-spec S11 variant, with benefits reaching up to ₹2.5 lakh.
• Cash Discount: ₹60,000
• Exchange Bonus: ₹50,000
• Dealer-Level/Inventory Support: ₹1.4 lakh
Even the lower S5 variant is being offered with total benefits of ₹1.5 lakh, making it a compelling pick for buyers seeking a proven, ladder-frame SUV for tough conditions.
The high discounts are likely aimed at pushing out older BS6 Phase 2 stock and balancing demand with the Scorpio-N, which has slowly taken over the spotlight.
XUV700: First Major Discount Since Launch
The XUV700, known for its ADAS features and strong road presence, is rarely offered with direct benefits. But in July, Mahindra is offering up to ₹1.5 lakh off depending on variant and location.
• Cash Discount: ₹40,000 (especially on AX5 and AX7 petrol trims)
• Exchange Bonus: ₹30,000
• Dealer Support/Stock Clearance: ₹80,000
With increasing pressure from new rivals like the Tata Safari facelift and updated Hyundai Alcazar, Mahindra seems to be using this opportunity to widen its reach and reduce waiting periods on specific trims.
XUV 3XO: Discounts Begin Just Months After Launch
Despite being a new entrant, the XUV 3XO is already getting price cuts of up to ₹1 lakh, especially for the turbo petrol variants.
• Cash Discount: ₹30,000
• Exchange Bonus: ₹20,000
• Introductory Dealer Scheme: ₹50,000
This discount strategy may seem early, but it appears to be aimed at pulling in younger buyers who might be considering turbo models from Hyundai or Tata.
Bolero Neo: Strong Value With ₹95,000 Off
The Bolero Neo, which combines old-school toughness with better interiors, is being offered with total benefits of ₹95,000.
• Cash Discount: ₹25,000
• Exchange Bonus: ₹25,000
• Dealer-Level Discount: ₹45,000
This offer makes the Bolero Neo one of the most value-for-money compact SUVs for those in smaller towns or looking for durability over flashy features.
Bolero: ₹70,000 Discount for the Utility Buyer
The older yet still strong-selling Bolero is also part of the July offer list, with total benefits of up to ₹70,000.
• Cash Discount: ₹15,000
• Exchange Bonus: ₹25,000
• Dealer Margin Support: ₹30,000
Its presence on the discount list highlights Mahindra’s intent to continue supporting utility vehicle buyers even as urban preferences shift toward more feature-rich options.
What’s Driving These Discounts?
These aren’t just seasonal offers. Mahindra is likely managing a mix of inventory transition, rising market competition, and new safety norms expected later in the year. With more manufacturers refreshing their SUV portfolios, even market leaders are finding it necessary to sweeten the deal.
The discounts also give Mahindra an opportunity to keep footfall high across its showrooms, especially as the brand prepares for upcoming launches like the Thar 5-door and electric XUVs. Offering attractive deals now helps reduce older stock, particularly for models that might get mechanical or feature updates soon.
For Buyers, Timing Couldn’t Be Better
Whether someone is considering a rugged workhorse like the Bolero, an urban tech-laden SUV like the XUV700, or something in between like the XUV 3XO, this month’s offers deliver genuine savings. Unlike previous months where waiting periods and full prices were the norm, Mahindra’s July strategy gives buyers more leverage.
With most of these offers expected to last till July 31 or until stocks last, interested buyers may want to act fast. Discounts like these, especially on high-demand models like the XUV700, rarely last long in today’s fast-moving SUV market.