Mahindra XUV700 New Price After GST Cut
The Mahindra XUV700 has just become a bit of a steal, thanks to India's recent GST rate cut, and honestly, as someone who’s spent far too many hours debating SUV prices on family WhatsApp groups, this feels like the rare win where the government, manufacturers, and buyers all end up smiling.
The new rates have made the XUV700 cheaper in a way that’s honestly hard to ignore if you’re even remotely car-curious, and Mahindra (bless them) has decided to offer reduced prices right away, before the revised GST officially kicks in on September 22.
How Much Can You Actually Save?
If you’ve been eyeing the XUV700, this is the part that will make your ears perk up: depending on the trim, most buyers will save anywhere from just under ₹89,000 to around ₹1.44 lakh, yes, that’s not a typo, per car.
Here’s a peek at the variant-wise savings table that Mahindra enthusiasts and bargain hunters have been passing around with rather giddy emojis:
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MX: Save ₹88,900
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AX3: Save ₹1,06,500
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AX5 S: Save ₹1,10,200
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AX5: Save ₹1,18,300
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AX7: Save ₹1,31,900
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AX7 L: Save ₹1,43,000
Honestly, if I saw these savings on a smartphone launch, I’d half expect the page to crash. And just in case you’re wondering, yes, all trims except the base MX get a glorious discount well above ₹1 lakh. It’s the sort of price drop people will tell their relatives about for years.
Why Did Mahindra XUV700 Prices Drop?
This isn’t one of those random, campaign-based discounts that vanish the moment you show up at the dealership with a printout.
No, it’s built into India’s latest GST reforms: big SUVs like the XUV700 (which, let’s face it, definitely count as “big” when you see the neighbors craning their necks) now attract a flat 40% GST instead of the previous 48% slab (that 28% basic GST plus the eye-watering 20% cess).
So, the price drop is real, policy-backed, and already reflected in Mahindra’s new ex-showroom prices. For context, models in the sub-4-metre segment now get taxed at just 18% GST, a dreamy number for anyone looking to buy a compact car soon.
But for the power-hungry, family-hauling, road-trip-loving XUV700 crowd, that 8% cut isn’t just a technicality; it’s thousands of rupees off the final bill.
Real Experiences, Little Anecdotes & What Buyers Are Actually Saying
It’s funny how saving a lakh or more doesn’t always guarantee applause at home. A friend, Ramesh, almost bought his XUV700 last week but hesitated because there's always suspicion that “prices will drop after the festival.”
Turns out, his gut was right. After the latest GST announcement, he gleefully calculated the new variant-wise discounts in an Excel sheet, sent it to his father, wife, and anyone who ever rode in the old Scorpio. “Finally,” he said, “I can buy it and still have enough left over for a decent road trip.”
Meanwhile, some cousin groups are actually arguing whether to upgrade to the AX7 L now that it’s more affordable, rather than settle for a lower variant, the kind of debate that’ll probably outlast the remaining monsoon weeks.
For folks who’ve already booked, the joy is real: dealerships haven’t delayed the pass-on, so every single booking made after September 6 is under these new, lower prices.
Mahindra XUV700 New GST Rate Price Comparison
The new GST rate cut in India has significantly impacted the pricing of the Mahindra XUV700, offering buyers an excellent opportunity to save across various variants. Whether you're looking for the 2.0L Turbo Petrol or the 2.2L Turbo Diesel versions, the reduction in GST has lowered prices by 5.7% to 5.74%, with savings ranging from ₹85,000 to ₹1.44 lakh depending on the variant.
Here’s a breakdown of the price differences for the Mahindra XUV700, based on the new GST reforms:
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2.0L Turbo Petrol-Manual:
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MX 7S: ₹14,49,001 → ₹13,66,001 (-₹83,000)
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AX5 S 7S: ₹16,88,999 → ₹15,92,199 (-₹96,800)
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AX7 7S: ₹19,49,000 → ₹18,37,200 (-₹1,11,800)
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AX7 Ebony 7S: ₹19,64,000 → ₹18,51,600 (-₹1,12,400)
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2.0L Turbo Petrol-Auto (TC):
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AX5 Select 7S: ₹18,64,000 → ₹17,57,300 (-₹1,06,700)
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AX7 7S: ₹20,98,999 → ₹19,78,699 (-₹1,20,300)
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AX7 Luxury 7S: ₹23,18,999 → ₹21,86,199 (-₹1,32,800)
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AX7 Ebony 7S: ₹21,14,001 → ₹19,92,801 (-₹1,21,200)
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2.2L Turbo Diesel-Manual:
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MX 7S: ₹14,99,000 → ₹14,13,100 (-₹85,900)
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AX5 7S: ₹19,03,999 → ₹17,95,099 (-₹1,08,900)
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AX7 7S: ₹19,98,999 → ₹18,84,499 (-₹1,14,500)
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AX7 Luxury 6S: ₹22,49,000 → ₹21,20,200 (-₹1,28,800)
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2.2L Turbo Diesel-Auto (TC):
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AX5 7S: ₹20,63,999 → ₹19,45,699 (-₹1,18,300)
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AX7 7S: ₹21,68,999 → ₹20,44,799 (-₹1,24,200)
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AX7 4WD 7S: ₹22,89,000 → ₹21,58,000 (-₹1,31,000)
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AX7 Luxury Ebony 6S: ₹24,34,000 → ₹22,94,600 (-₹1,39,400)
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These price reductions are a direct result of the latest GST reforms, with an 8% reduction in the tax rate for big SUVs like the XUV700. This is an excellent opportunity for prospective buyers to save a significant amount while purchasing their dream SUV.
What Makes This GST Price Slab Change Special?
Let’s step back for a second, this isn’t just Mahindra playing nice, but a direct result of new government policies designed to make cars genuinely more affordable.
The compensation cess is gone (cue confetti), and even luxury SUVs have seen price reductions between 3–10%. For India’s obsessively price-sensitive car market, especially amongst buyers who compare car rates with milk and gold, it’s like a Diwali bonus nobody saw coming.
Small cars, budget bikes, and those three-wheelers your wise uncle drives, every segment gets a tax break. But the XUV700 crowd, usually resigned to paying more for “the big car with all the gadgets,” finally gets to feel like savvy shoppers.
XUV700: Is It a Good Time to Buy?
Short answer, yes. Longer answer, absolutely, unless you believe Mahindra is about to launch an even deeper price cut.
The value proposition for the XUV700 has always been strong: punchy turbo engines, five-star safety, panoramic sunroof (the kind kids can wave at birds from), loads of tech, and cabin space where everyone can stretch, even the lanky cousin.
RTO, insurance, and other side costs have also dipped, thanks to the revised ex-showroom prices. It’s one of those rare moments when the big, official price sticker isn’t followed by a “hidden charges may apply” asterisk nearly as large as the SUV itself.