Mahindra Slashes Prices By Up To ₹2.5 Lakh This July

2 min read

Mahindra-Scorpio-Classic-Exterior-Driving

Mahindra has introduced substantial discounts across several of its popular models in July 2025, offering benefits of up to ₹2.5 lakh. These discounts are aimed at boosting showroom footfall and clearing older inventory as the company prepares for upcoming product reveals next month. The price cuts are available on select variants of the Scorpio Classic, Scorpio N, XUV700, XUV3XO, XUV400, Bolero, and Marazzo, though actual discounts may vary slightly depending on dealership stock and location.
Below is a quick breakdown of some of the key discount offers:

ModelVariant(s)Max Discount
XUV400EL Pro₹2,50,000
MarazzoAll variants₹2,00,000
Bolero NeoN4, N8, N10, N10(O)₹40,000 – ₹1,00,000
BoleroB4, B6, B6(O)₹40,000 – ₹92,700
Scorpio ClassicS, S11₹75,000 / ₹50,000
XUV3XOAX5, AX5L (Petrol MT only)₹25,000 – ₹50,000
Scorpio NZ4, Z6, Z8 Black, Z8L Black₹30,000 – ₹40,000
XUV700AX5, AX5 S, AX3 (discontinued)₹30,000

XUV3XO And XUV400 Get Big Savings

The biggest discount in the lineup is on the XUV400 EL Pro, which gets a massive ₹2.5 lakh price cut. This makes it one of the most aggressively priced EVs in its category, potentially attracting buyers who previously hesitated due to high initial costs. However, the discount is limited to the EL Pro variant only.

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In its subcompact segment, Mahindra has sweetened the deal with a sharp price cut on the XUV3XO. The XUV3XO, Mahindra’s newest sub-4 Metre SUV, gets a discount of up to ₹50,000, with the AX5 petrol manual and AX5L variants qualifying for this benefit. However, base trims like the MX1 and MX2 Pro are not part of the scheme.

XUV700 And Scorpio Variants Get Targeted Cuts

Mahindra has slashed the prices on the XUV700 and both Scorpio N and Scorpio Classic models, focusing mostly on mid and high variants. For the XUV700, buyers of the AX5 and AX5 S trims can save up to ₹30,000. The discontinued AX3 trim, still available at select outlets, also gets the same discount. These variants remain in demand due to their feature-rich offerings and spacious three-row layout.

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The Scorpio Classic, meanwhile, sees even bigger reductions. The base S variant gets a notable ₹75,000 off, while the higher S11 trim benefits from a ₹50,000 cut. For buyers eyeing the Scorpio N, savings are more restrained. The Black Edition Z8 and Z8 L trims get a ₹40,000 discount, while mid-level Z4 and Z6 trims come with a ₹30,000 price cut. However, the base Z2 remains excluded from the offer.

Bolero And Marazzo See Hefty Offers

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Mahindra’s more affordable offerings like the Bolero, Bolero Neo, and the Marazzo MPV are also under the discount umbrella, with some of the highest value offers for July. Starting with the Bolero, discounts go up to ₹92,700 on the B6(O) trim, while B6 and B4 get ₹40,000 off. The Bolero Neo gets tiered benefits, with up to ₹1 lakh on the N10 and N10(O), ₹65,000 on the N8, and ₹40,000 on the entry-level N4. These models cater to customers in both rural and urban markets, and the discounts add to their cost-effectiveness.

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The Marazzo, which has seen declining visibility in Mahindra’s portfolio, still has unsold inventory at some dealerships. All three variants of the Marazzo are currently offered with a flat ₹2 lakh discount. Given that the model is likely in its final run, this could be an opportunity for buyers seeking a frugal MPV with competitive pricing. The offers reflect a possible effort to phase out slow-selling stock before any fresh product strategy is implemented. Buyers should also note that not all dealerships may have the stock, and discounts might vary depending on the city. It is advised to check with local showrooms for variant availability and specific eligibility terms to make the most of these limited-time offers.