Mahindra Bolero’s B4 and B6 (O) variants have received a price hike of Rs 20,701 and Rs 22,000, respectively. Similarly, the price of N4, N10 and N10 (O) variants of Bolero Neo has been increased by Rs 18,800, Rs 21,007 and Rs 20,502 respectively. No changes have been made to the Bolero range with the price hike, nor have any additional features been added.
Mahindra Bolero has been made available at a price of Rs 9.45 lakh, while Bolero Neo has been made available at Rs 9.48 lakh which goes up to Rs 11.99 lakh for the top variant. The Bolero is still the best selling model in the company’s lineup with an average of 7000 units sold per month.
Recently, in Mahindra Bolero and Bolero Neo, the new Twin Peak logo is seen on the front grille, wheel hubs, tailgate and steering wheel. Its official photos have been released on the company’s website and the new logo has been given in many places. The company first introduced this logo with the launch of Mahindra XUV700 last year and since then the company has been giving this new logo in new models.
Along with this, the existing SUV in the company’s lineup is also being updated with a new logo. After updating Bolero and Bolero Neo, now the company’s Thar and XUV300 are to be updated. These SUV models have also been spotted with new logos and they can be brought officially soon.
Price Hike September 2022
Talking about the price hike, Mahindra has also increased the prices of other models including Thar and XUV700. The price of Mahindra XUV700 has increased from Rs 20,000 to Rs 37,000 and that of Thar by Rs 6000 to Rs 28,000. Mahindra has not given any reason for the increase in the price of Thar and XUV700. This is the third increase in the price of both the models in 2022.
Talking about the price hike of Mahindra XUV700, the price of its petrol variant has been increased from Rs 22,000 to Rs 35,000, due to which the price has increased from Rs 13.45 lakh to Rs 23.10 lakh. Talking about the diesel variant, it has been increased from Rs 20,000 to Rs 37,000, due to which the price has gone up from Rs 13.96 lakh to Rs 24.95 lakh.
Mahindra Bolero and Bolero Neo company are popular models and it is very popular in rural areas, but the company has given a big blow to the customers by making this SUV expensive before the festive season. Whether its sales will be affected by the price hike, it remains to be seen.