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2024

Mahindra XUV700 Prices Cut by Up to Rs 70,000

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Mahindra has announced a significant price reduction for the XUV700, with discounts of up to Rs 70,000. This follows a previous discount of Rs 2.2 lakh introduced in July to celebrate the SUV reaching the 2 lakh production milestone within less than three years of its launch. While the earlier discount applied to the AX7 and AX7 L trims, the latest reduction targets the AX5 trim.

Detailed Price Changes

Specifically, the AX5 Diesel AT 5-seater and AX3 Diesel AT 7-seater have both seen a Rs 20,000 price drop. The AX5 Diesel AT 7-seater now costs Rs 20.39 lakh, reflecting a Rs 70,000 reduction. Additionally, the AX5 Diesel manual 7-seater variant has been reduced by Rs 50,000. The AX5 manual 7-seater and the AX5 manual 7-seater with electronic stability have also been cut by Rs 50,000 each.

Impact on Sales

Mahindra’s pricing strategy aims to enhance the XUV700’s market competitiveness. Following a substantial price cut for the top-spec AX7 and AX7 L variants in early July, the company reported a threefold increase in orders for the XUV700. Previously priced between Rs 21.39 lakh and Rs 26.99 lakh, the AX7 and AX7 L variants now range from Rs 19.49 lakh to Rs 24.99 lakh (all prices ex-showroom). In July alone, Mahindra received over 10,000 bookings for the XUV700.

Engine and Performance

The XUV700 offers two engine options: a 2.0-litre turbo-petrol engine producing 197 bhp and 380 Nm of torque, and a 2.2-litre diesel engine delivering up to 182 bhp and 450 Nm of torque. Both engines come with a 6-speed manual or a 6-speed automatic gearbox.

Safety Features

Safety features are a major highlight of the XUV700, including Advanced Driver Assistance Systems (ADAS), seven airbags, electronic stability control, an electronic park brake, and auto-booster headlamps. These features contribute to the XUV700’s five-star Global NCAP crash test rating. Certain variants also offer an all-wheel-drive system, enhancing traction and control, making the XUV700 one of the safest vehicles in India.

The post Mahindra XUV700 Prices Cut by Up to Rs 70,000 first appeared on Motoroids.