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Mahindra XUV700 Price Update After GST Revision: Detailed Analysis
The Mahindra XUV700, one of India’s most popular premium SUVs, has seen a significant price adjustment following the latest Goods and Services Tax (GST) revision. With the GST on SUVs updated, Mahindra has passed on the benefits to customers by reducing prices across its range. This move makes the XUV700 even more competitive in the premium SUV segment and provides relief to buyers looking for high-performance, feature-packed SUVs.
In this blog, we provide a complete breakdown of GST changes, price impacts, and variant-wise details to help prospective buyers make an informed decision.
GST Rate on Mahindra XUV700
The GST rate for SUVs in India has undergone a revision. The Mahindra XUV700, being a premium SUV (length > 4m and engine > 1500cc), falls under the highest GST slab.
GST Structure
| Category | Previous GST Rate | Current GST Rate |
|---|---|---|
| SUVs (Length > 4m, Engine > 1500cc) | 28% + 22% cess | 40% |
The updated GST structure simplifies the tax calculation and ensures uniform taxation across similar vehicles.
Impact of GST Revision on XUV700 Pricing
With the GST revision, Mahindra has reduced the ex-showroom prices of XUV700 models across all variants. Price reductions vary depending on the configuration and seating options, making the SUV more accessible to buyers.
Variant-Wise Price Reductions
| Variant | Price Reduction (₹) | New Ex-Showroom Price (₹) |
|---|---|---|
| AX5 Select 7-Seater | 1,06,700 | 17,57,300 |
| AX7 6-Seater | 1,12,800 | 18,56,199 |
| AX7 Ebony 6-Seater | 1,13,600 | 18,70,399 |
| AX7 7-Seater | 1,20,300 | 19,78,699 |
| AX7 Luxury 7-Seater | 1,32,800 | 21,86,199 |
Note: Prices are ex-showroom and may vary slightly depending on the city or state-specific taxes.
Features and Highlights of Mahindra XUV700
The XUV700 is renowned for its blend of performance, technology, and comfort. Some key highlights include:
- Engine Options: Available in petrol and diesel variants, offering powerful performance for city and highway driving.
- Seating & Comfort: Options for 6-seater and 7-seater layouts with premium upholstery.
- Advanced Safety Features: Multiple airbags, ABS with EBD, ADAS (Advanced Driver Assistance Systems) in higher trims.
- Infotainment & Connectivity: Large touchscreen display, Android Auto, Apple CarPlay, connected car technology.
- Exterior Design: Bold SUV stance, LED headlights, and premium alloy wheels.
This combination of features makes the XUV700 a value-for-money premium SUV, especially after the recent price reduction.
Why the GST Revision Matters
- Affordability: The reduction in price ensures that buyers save a significant amount without compromising on features or performance.
- Competitive Advantage: With premium SUVs in India being highly competitive, the new pricing helps Mahindra XUV700 stand out against rivals.
- Encourages Upgrades: Lowered prices may motivate customers to opt for higher variants with advanced features.
Summary
| Aspect | Details |
|---|---|
| Vehicle | Mahindra XUV700 |
| GST Rate Before Revision | 28% + 22% cess |
| GST Rate After Revision | 40% |
| Price Reduction Range | ₹88,900 – ₹1,32,800 |
| Target Audience | Premium SUV buyers, families, tech-savvy customers |
| Key Selling Points | Advanced safety, connectivity, performance, seating options |
Conclusion
The Mahindra XUV700’s price adjustment post-GST revision is a win-win for both buyers and the brand. Buyers get a premium SUV with advanced features at a more accessible price, while Mahindra strengthens its position in the competitive SUV market.
If you’ve been planning to buy the XUV700, now is an excellent time to consider the premium SUV with reduced GST prices and attractive features.