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Mahindra Scorpio N, Thar and Bolero Neo Receive Significant Price Hike; Check New Prices

|Updated on:20-May-2024 09:59 AM

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Mahindra Scorpio N, Thar and Bolero Neo Receive Significant Price Hike; Check New Prices

Key Highlights:

  • Mahindra hikes SUV prices due to rising demand and waiting periods.
  • Scorpio N price increased by up to Rs. 25,000.
  • Thar now starts at Rs. 11.35 lakh (ex-showroom).
  • Bolero Neo starts at Rs. 9.94 lakh (ex-showroom).
  • Thar's top-end variant is priced at Rs. 17.60 lakh.

Due to the rising demand and higher waiting periods, Mahindra has recently made a significant price hike in some of its popular SUVs, including the Mahindra Scorpio N, Bolero Neo and Mahindra Thar. With the latest price revision, the Scorpio N has become dearer by up to Rs 25000. The Thar has also become costlier by up to Rs. 14000 and the Bolero Neo cost is now up by Rs. 10000.

Thar, Bolero Neo and Scorpio-N New Price

With the latest price revisions, the Thar starts at Rs. 11.35 lakh (ex-showroom). The Mahindra Bolero Neo is available with a starting price tag of Rs, 9.94 lakh (ex-showroom). Receiving the highest price hike of up to Rs. 25000, the Scorpio N now starts at Rs. 13.85 lakh and goes up to Rs. 24.54 lakh.

Reason for the Latest Price Hike

Mahindra Scorpio N: The Premium Appeal 

The Mahindra Scorpio-N is one of the most loved SUVs in the automaker’s portfolio which has undoubtedly helped it boost its SUV sales since its launch. Essentially, being a more comfortable alternative to the popular Scorpio Classic, it has taken advantage of the Scorpio name in the Indian market.

Mahindra Bolero Neo Legacy

The Mahindra Bolero has always been a first choice for people living in rural areas. The Bolero Neo is a great update on the previous Bolero. The Bolero is available in 4 variants- N4, N8, N10 and N10 (O). The latest revision has not impacted the top two trims of the Bolero Neo, but the two entry-level variants have received a price hike of Rs. 5000 -N4 and Rs. 10000 (N8) respectively.

Thar’s Popularity and Ever-growing Demand

Mahindra Thar is a feel and a sensation among youngsters in India. It’s a lifestyle vehicle having people’s emotions attached to it. Apparently, due to continuously rising demand, the automaker has made the highest increase in the Thar’s prices. The SUV has become dearer by Rs. 10000 for select variants. Most popular variants such as the LX hard top diesel MT RWD, base spec LX hard top diesel MT RWD and the AX(O) hard top diesel MT RWD have received a price hike and all other variants have seen no price increase.

After the price revision, the Mahindra Thar starts at Rs. 11.35 lakh for the base variants and goes up to Rs, 17.60 lakh for the top-end Earth Edition AT 4WD variant.

CarBike360 Says

The recent price hikes for Mahindra's popular SUVs, including the Scorpio N, Bolero Neo, and Thar, reflect the brand's response to high demand and longer waiting periods. While these increases may strain buyers, they underscore the strong market appeal and premium positioning of these models, especially the versatile Thar and the comfortable Scorpio N.
 

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