Mahindra XUV700 SUV Prices Hiked by up to Rs 64,000 in India

Mahindra recently hiked the prices of the XUV700 SUV shortly after the manufacturer initiated a price increase across the Scorpio range. This is the XUV700's fourth price hike, with Mahindra previously increasing prices in September last year.

By Reetika Bhatt | on January 31, 2023 Follow us on Autox Google News

After increasing the cost of the Scorpio N, Mahindra has now hiked the prices of the XUV700 SUV. Since the Mahindra XUV700's launch in August 2021, there has been a total of four price hikes. Previous price increases for the SUV took place in September 2022. The SUV was initially priced at Rs 11.99 lakh (ex-showroom). It is important to note that the prices of the Mahindra XUV700's base MX variants remain unchanged; however, the price of the rest of the variants have increased. The petrol range of the SUV has seen a price increase of up to Rs 50,000, whereas the diesel version has seen a price increase of up to Rs 64,000. The base petrol AX3 variant of the XUV700 is now priced at Rs 15.89 lakh (ex-showroom), while the top-end diesel AX7 L variant now costs Rs 25.48 lakh (ex-showroom). Mahindra also implemented a price hike of Rs 1 lakh across the Scorpio range this month. The base petrol variant of the Mahindra Scorpio N now costs Rs 12.74 lakh (ex-showroom), and the highest-specified diesel trim costs Rs 24.05 lakh (ex-showroom). The XUV700 SUV's price variations are shown in detail below.

Mahindra XUV700 Petrol Price Hike

Petrol Variants New Prices (Jan 2023) Old Prices        Difference in Price 
MX MT 5-Seater Rs 13.45 lakh Rs 13.45 lakh          0
AX3 MT 5-Seater Rs 15.89 lakh Rs 15.50 lakh Rs 39,000
AX3 AT 5-Seater Rs 17.61 lakh Rs 17.20 lakh Rs 41,000
AX5 MT 5-Seater Rs 17.20 lakh Rs 16.79 lakh Rs 41,000
AX5 MT 7-Seater Rs 17.85 lakh Rs 17.44 lakh Rs 41,000
AX5 AT 5-Seater Rs 18.97 lakh Rs 18.54 lakh Rs 43,000
AX7 MT 7-Seater Rs 19.88 lakh Rs 19.44 lakh Rs 44,000
AX7 AT 7-Seater Rs 21.66 lakh Rs 21.19 lakh Rs 47,000
AX7 AT 7-Seater L Rs 23.60 lakh Rs 23.10 lakh Rs 50,000

(All prices, ex-showroom)

The new Mahindra XUV700 petrol range has a starting price of Rs 13.45 lakh (ex-showroom), and the top-spec model is priced at Rs 23.60 lakh (ex-showroom). The entry-level AX3 MT 5-seater variant has increased in price by Rs 39,000, while the AX3 5-seater AT & AX5 5-seater MT variants have increased in price by up to Rs 41,000. The AX5 7-seater MT is now Rs 41,000 more expensive, while the AX5 AT 5-seater costs Rs 43,000 more.

Also Read: Kia Carens vs Hyundai Alcazar vs Tata Safari vs Mahindra XUV700: Comparison

Mahindra XUV700 Diesel Price Hike

Diesel Variants New Prices (Jan 2023) Old Prices       Difference in Price
MX MT 5-Seater Rs 13.96 lakh Rs 13.96 lakh 0
AX3 MT 5-Seater Rs 16.39 lakh Rs 16 lakh Rs 39,000
AX3 MT 7-Seater Rs 17.20 lakh Rs 16.80 lakh Rs 40,000
AX3 AT 5-Seater Rs 18.33 lakh Rs 17.91 lakh Rs 42,000
AX5 MT 5-Seater Rs 17.85 lakh Rs 17.44 lakh Rs 41,000
AX5 MT 7-Seater Rs 18.51 lakh Rs 18.09 lakh Rs 42,000
AX5 AT 5-Seater Rs 19.68 lakh Rs 19.24 lakh Rs 44,000
AX5 AT 7-Seater Rs 20.29 lakh Rs 19.84 lakh Rs 45,000
AX7 MT 7-Seater Rs 20.59 lakh Rs 20.14 lakh Rs 45,000
AX7 MT 7-Seater L Rs 22.32 lakh Rs 22 lakh Rs 32,000
AX7 AT 7-Seater Rs 22.48 lakh Rs 21.84 lakh Rs 64,000
AX7 AT 7-Seater AWD Rs 23.74 lakh Rs 23.24 lakh Rs 50,000
AX7 AT 7-Seater L Rs 24.21 lakh Rs 23.70 lakh Rs 51,000
AX7 AT 7-Seater L AWD Rs 25.48 lakh Rs 24.95 lakh Rs 53,000

(All prices, ex-showroom)

The XUV700 diesel price has gone up by up to Rs 64,000. The AX7 MT L variant has the lowest price increase of Rs 32,000, while the AX7 AT has a price increase of Rs 64,000. Prices for the AX7 AT AWD, which sits at the top of the XUV700 lineup, have soared by Rs 53,000.

Coming to the powertrain details, the Mahindra XUV700 SUV is available with a 2.0-litre petrol and a 2.2-litre diesel engine. The petrol engine produces 197bhp of maximum power and 380Nm of peak torque, while the diesel engine churns out 155bhp of maximum power and 360Nm of torque for base variants and 185bhp for higher variants. Both engines are mated to either a 6-speed manual or an optional 6-speed automatic transmission. The AWD system is only available in the top-spec diesel-auto variant.

Also Read: Mahindra XUV700, Track Test

Mahindra XUV700 is the strongest rival in the mid-size SUV market with sales of 65,371 units through 2022. It has a market share of 45.98 per cent and had total sales that were more than twice as high as its closest rival, Tata Harrier, over the last year. Since the XUV700's launch in 2021, there has been a prolonged waiting period. The waiting period for the base gasoline and diesel models is approximately 2-3 months, while the wait time for the mid-spec models can be up to 5 months. Further, there is a longer waiting period for the higher-spec AX7 and the AX7L. 

Tags: Mahindra Mahindra XUV700 XUV700

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