The new year has begun and so have discount schemes on cars. Most of the auto manufacturers also had previously announced that they would increase the prices across their range of vehicles. In order to bear the burnt to some extent, manufacturers are offering various discounts and offer schemes. However, the older (2018) vehicles are being offered with bigger discounts than the 2019 vehicles. Let’s now take a look at all the vehicles by Mahindra which are being offered with discount.
Max. Discount upto: Rs. 72,000
The smallest and the most affordable vehicle by Mahindra gets more discount than some of the bigger and expensive vehicles by the company. The KUV100 is being given away with a total discount of Rs. 72,000. There is a cash discount of Rs. 17,000 along with an exchange bonus of Rs. 19,000 being offered on the K2 and K4 variant. The 2019 models get only the Rs. 29,000 worth of exchange bonus.
The K6+ and K8 variants, on the other hand get even bigger discounts. There is a cash discount of Rs. 39,000 along with an exchange offer worth Rs. 29,000 available on the car. Apart from all this, there is a corporate discount of Rs. 4000 available on the car.
Max. Discount upto: Rs. 59,500
Second on this list is the TUV300, which is the current sub 4 meter offering by Mahindra. It will soon be joined by the more premium XUV300 in the segment, which will further enhance the company’s prospect in the segment. The compact SUV is being given away with a total discount of Rs. 59,000. This includes a cash discount of Rs. 40,000 along with an exchange offer of Rs. 15,000. The newer 2019 models only have an exchange discount of Rs. 15,000. A bonus corporate discount of Rs. 4,000 is applicable on all models.
Max. Discount upto: Rs. 34,000
The tough workhorse of the Mahindra lineup is being doled out with discounts of upto Rs. 34,000. The discounts include a cash benefit of Rs. 20,000 along with an exchange bonus of Rs. 10,000. The 2019 models, however, get only Rs. 10,000 exchange bonus. Then there is another Rs 4000 being given away as corporate discount, applicable on all models.
Max. Discount upto: Rs. 6,000
As always, the lifestyle utility vehicle by Mahindra has got the least discount offers on it. The Thar is currently getting only Rs. 6,000 bonus on it, which come under the corporate bonus category. The 2019 models also get the same discount of Rs. 6,000. However, the older 2018 models also get some dealer end offers, which depend on the region of sale.
Max. Discount upto: Rs. 15,000
The Mahindra Marazzo is currently being offered with only an exchange bonus to offer. The MPV has been selling in decent numbers and this year will see a new petrol engine variant as well as automatic transmission equipped variant launch. The exchange bonus being offered is valued at Rs. 15,000 for both 2018 and 2019 models. The older models also get some dealer end offers which should take the discount amount higher.
Max. Discount upto: Rs. 77,000
Among the best selling and longest running vehicles by the company, the Scorpio gets good discount this January. Mahindra is offering hefty discounts on the SUV worth Rs. 77,000 currently. This includes Rs. 47,000 cash discount as well as exchange bonus of Rs. 25000 on S5, S7, and S11 variants. The 2019 model makes do with only the Rs. 25,000 exchange bonus.
The newly launched S9 variant gets discounted for the first time since its launch. It gets Rs. 25,000 off as exchange discount upon trading in your old car for the new Scorpio. Both the 2018 and 2019 models get the same exchange discount. Lastly, there is an extra Rs 5,000 being given away as corporate bonus across all models.
Max. Discount upto: Rs. 64,000
The second most expensive vehicle in the Mahindra lineup, the XUV500 has discounts of about Rs. 64,000 going on it. It was the company’s flagship product until the Alturas G4 replaced it from the position in November last year. The discount schemes on the SUV include Rs. 30,000 as cash discount and another 25,000 as exchange bonus. The 2019 models, however, get only the exchange bonus as discount scheme. Additionally, there is a corporate discount of Rs. 9,000 being offered on all models of the SUV.