Discount on Mahindra XUV300 increased to Rs 1.82 lakh before facelift launch

New Delhi: With the growing anticipation of the launch of the revised Mahindra XUV300, dealerships are attempting to clear their existing inventory of the current model. As a result, Mahindra showrooms are offering substantial discounts and benefits on both the 2023 and 2024 model year XUV300. These incentives include cash discounts, exchange bonuses, corporate discounts, official accessories and extended warranty options. Additionally, dealerships have considerable stock of unsold 2023 model year XUV400 EVs, due to which the discounts on this model continue and have increased slightly.

Discount Details:

Mahindra XUV300 Diesel: Buyers can enjoy discounts of up to Rs 1.82 lakh, with higher W6 and W8 variants receiving over Rs 1 lakh in benefits.

XUV400 EV: Buyers can avail of total discounts and benefits of up to Rs 4.4 lakh on select variants.

In February 2024, Mahindra’s contenders against the Kia Sonet and Tata Nexon have seen an increase in discounts and benefits compared to December 2023. The extent of benefits varies depending on factors such as model year, variant and powertrain selection. For example, the unsold 2023 XUV300 diesel gets maximum mileage in the top-spec W8 trim, while this configuration also gets a significant discount on the 2024 model.

Variants and discounts:

The range-topping MY23 XUV300 TGDi model and petrol W8 (O) trims get discounts of up to Rs 1.75 lakh and Rs 1.73 lakh respectively.

The W6 trims get discounts ranging from Rs 94,000 to Rs 1.33 lakh, while the W4 and W2 variants get benefits of Rs 51,935-73,000 and Rs 45,000 respectively.

The XUV300 lineup currently offers three engine options along with manual and AMT gearbox options. However, the upcoming facelift is expected to introduce a torque converter automatic option for the TGDi engine.

Discount continues on XUV400:

The discounts on the XUV400 remain substantial, with buyers of some variants getting benefits of up to Rs 4.4 lakh. While the 2023 models get significant discounts, the 2024 models are eligible for an exchange and corporate discount of Rs 40,000.

As dealerships are preparing for the arrival of the new XUV300 facelift, customers have an attractive opportunity to avail attractive discounts and benefits on the existing models. With a range of incentives on offer, now could be the right time to consider investing in Mahindra’s popular SUV lineup.