Mahindra & Mahindra has announced massive discounts on its MY2023 SUVs, including the XUV400 EV, XUV300, XUV700, Bolero, and Scorpio-N. The company has increased benefits on its 2023 models to clear out inventories before entering June. The Mahindra XUV300 is now available with a discount of up to INR 1.79 lakh. Mahindra rolled out the XUV 3XO facelift on March 29 as a replacement model for the outgoing XUV300. Notably, the discount offers are only available on the SUVs that were manufactured last year.
The automaker is expected to withdraw its famous XUV300 SUV from the Indian market soon. In a bid to clear out the remaining model year 2023 stock, the auto giant has increased the discounts offered on the XUV300. The SUV now comes with discounts of up to INR 1.79 lakh as per the variant one chooses. The benefits come in the form of official accessories, cash discounts, and an extended warranty. The XUV300 W8 diesel variants have received the maximum benefits worth INR 1.79 lakh, whereas the W8 petrol variant comes with benefits of up to INR 1.59 lakh.
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The W2, W4, and W6 variants of the XUV300 SUV have received substantial discounts of up to INR 45,000, INR 95,000, and INR 1.33 lakh, respectively. The XUV300 comes with five engine options, including a 1.2-litre turbo-petrol engine, a 1.5-litre diesel engine, and a 1.2-litre direct-injection turbo-petrol engine.
Mahindra Scorpio-N is considered the brand’s best-selling SUV in India. The SUV is being offered with the same cash discount of INR 1 lakh as the previous month. The top-spec Z8L and Z8 diesel trims come with benefits of INR 60,000. The auto marque offers the Z8 and Z8L in both diesel and petrol powertrains.
The XUV400 EV is the only electric vehicle in the company’s lineup. The MY2023 XUV400 models are available with maximum benefits of up to INR 4.4 lakh. The latest iteration of the electric SUV was launched in January 2024, and it has now received discounts worth up to INR 1.4 lakh.
The Mahindra XUV700 flagship SUV is now available with a flat discount of INR 1,50 lakh in May 2024. The auto giant is only offering cash benefits on XUV700 models that were manufactured last year. The AX5 7-seater petrol (manual) and AX5 7-seater diesel (manual and automatic) come with a cash discount worth INR 1.3 lakh.
The company’s oldest SUV, the Bolero, comes with discounts of up to INR 82,000. Bolero’s entry-level B4 trim has benefits of INR 48,000. On the other hand, the Bolero Neo SUV is being offered with benefits worth INR 83,000. The SUV’s top-spec N10 variants receive the maximum discounts in the form of a corporate discount, an exchange bonus, complimentary accessories, and an extended warranty. The Bolero N4 variant comes with a discount of INR 56,000, whereas the N8 variant is offered with a discount of up to INR 64,000.
