Mahindra Thar Price Hike 2026 Up to Rs. 20,000: New Model Prices and Variant Updates Explained

Mahindra has increased prices across most Thar variants, with mid and top trims seeing a hike of up to Rs. 20,000, while the base model remains unchanged. The revision reflects rising input costs but keeps the Thar competitively positioned in India’s lifestyle and off-road SUV segment. The entry price for the Thar remains steady at Rs. 9.99 lakh, as the base AXT 2WD MT variant has been spared from this revision. However, all other configurations—spanning petrol, diesel, 2WD, and 4WD—have witnessed a flat increase of Rs. 20,000. Mahindra Thar: New vs Old Prices (Ex-Showroom) Variant Old Price (Approx.) Price Hike New Price (Ex-Showroom) AXT Diesel 2WD MT ₹9.99 Lakh No Change ₹9.99 Lakh LXT Diesel 2WD MT ₹12.19 Lakh ₹20,000 ₹12.39 Lakh LXT Petrol 2WD AT ₹13.99 Lakh ₹20,000 ₹14.19 Lakh LXT Petrol 4WD MT ₹14.69 Lakh ₹20,000 ₹14.89 Lakh LXT Diesel 4WD MT ₹15.49 Lakh ₹20,000 ₹15.69 Lakh LXT Petrol 4WD AT ₹16.25 Lakh ₹20,000 ₹16.45 Lakh LXT Diesel 4WD AT ₹16.99 Lakh ₹20,000 ₹17.19 Lakh

This price adjustment comes amidst rising input costs and inflationary pressures. Notably, the revision does not bring any mechanical or aesthetic changes to the vehicle. The Thar continues to benefit from the comprehensive 2025 facelift, which introduced a more refined cabin, a 10.25-inch touchscreen, and enhanced off-road telemetry. Under the bonnet, the powertrain options remain unchanged: 1.5-litre Diesel: Producing 119hp (Exclusive to 2WD). 2.0-litre Turbo-Petrol: Delivering a punchy 152hp with both 2WD and 4WD options. 2.2-litre Diesel: Churning out 132hp, paired exclusively with a 4WD system. Market Context The Mahindra Thar remains a strong contender in India’s lifestyle SUV segment, offering a blend of urban usability and off-road capability. The modest hike is in line with typical annual revisions, reflecting rising costs while maintaining competitive positioning. Despite the hike, the Thar remains the dominant force in India’s lifestyle SUV segment. By keeping the base variant under the crucial ₹10 lakh mark, Mahindra continues to attract a wide audience, from casual city drivers to serious off-road enthusiasts.

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Piyush Sharma

Content Intern

Piyush is a passionate content writer who loves turning ideas into engaging and impactful articles. With a flair for creativity and attention to detail, he crafts content that connects with readers across niches. His goal is to create meaningful, well-researched, and reader-friendly articles that inform, inspire, and leave a lasting impression.