Prices of Mahindra Bolero and Bolero Neo have risen

Mahindra, a domestic automaker, has raised the pricing of the Bolero and Bolero Neo by up to 22,000 and 21,004, respectively. The premiums for the B4 and B6 (O) variants of the Mahindra Bolero series are 20,701 and 22,000, respectively. After the price increase, the base price for a Mahindra Bolero will be 9.45 lakh (ex-showroom).

Likewise, the three Bolero Neo models N4, N10, and N10 (O) will cost an additional 18,800, 21,007, and 20,507, respectively. After the price increase, the Mahindra Bolero Neo range would cost between 9.48 lakh and 11.99 lakh (ex-showroom).

Prices of Mahindra Bolero

The Mahindra Bolero features a 1.5-liter diesel engine. It is said to generate 75 horsepower and 210 Nm of torque. The drivetrain is paired with a five-speed manual transmission. While the Bolero Neo is powered by a 1.5-liter diesel engine rated at 100 horsepower and 240 Nm of maximum torque. The engine of the Bolero Neo is paired with a five-speed manual transmission.

Recent price increases for the XUV700 and Thar by Mnahindra total up to 37,000 and 28,000, respectively. The petrol variants of the XUV700 have had a price increase between 22,000 and 35,000, while the diesel variants have experienced a price increase between 20,000 and 37,000. Notably, this is the third price increase this year for both SUVs, with the other two occurring in January and April. The increase can be ascribed to an increase in demand for Mahindra SUVs and a rise in input costs.

With the introduction of the Mahindra XUV400 EV, the automaker has also joined the Indian EV market. In 2023, the electric vehicle will be available for purchase in India. Mahindra XUV400 will compete directly with Tata Nexon EV Prime and Nexon EV Max. This latest SUV from Mahindra is based on the eXUV300 concept unveiled at the 2020 Auto Expo.