Published Sep 25, 2025 4 Min Read

Handy guide on Mahindra Thar price after GST cut

 
 

The Indian auto market has just received a major boost with the GST rate revision. Buyers across the country are now seeing reduced ex-showroom prices on some of the most popular cars. One of the biggest beneficiaries is the Mahindra Thar. The Mahindra Thar price after GST cut is now more attractive than ever, creating renewed excitement among SUV lovers.


Both petrol and diesel variants of the Thar have become more affordable, thanks to revised GST slabs on cars. This change brings down the tax burden, directly lowering prices for buyers. With lower costs, many customers now find it easier to step up to higher trims.


At the same time, financing continues to play a crucial role in making ownership simple. With the Bajaj Finserv New Car Loan, you can cover up to 100% of the ex-showroom price of the Mahindra Thar. Along with competitive interest rates, flexible EMIs, extended tenure options, minimal paperwork, and quick disbursal, this makes your buying journey smooth.


Want to skip the waiting line? Check your pre-approved new car loan offer and fast-track your Mahindra Thar purchase.


Mahindra Thar (petrol variants) new prices after the GST cut


The petrol trims of the Thar are popular among city buyers who want refinement and strong performance. The GST cut has reduced prices across the line-up.


Thar petrol variantOld price (ex-showroom)New price (ex-showroom)Reduction
AX (O) 4WD Soft Top Petrol MTRs. 14,49,000Rs. 13,65,799Rs. 83,201
LX 4WD Hard Top Petrol MTRs. 15,20,000Rs. 14,32,800Rs. 87,200
LX 2WD Hard Top Petrol ATRs. 14,42,000Rs. 13,60,600Rs. 81,400
LX 4WD Soft Top Petrol ATRs. 16,65,000Rs. 15,69,500Rs. 95,500
LX 4WD Hard Top Petrol ATRs. 16,80,000Rs. 15,83,600Rs. 96,400

These price drops make the Thar petrol more appealing for buyers who want a rugged SUV with everyday drivability.


Mahindra Thar (diesel variants) new prices after the GST cut


The diesel trims are the most popular Thar variants, valued for their torque and off-road ability. After the GST cut, the ex-showroom prices have come down further.

Thar diesel variantOld price (ex-showroom)New price (ex-showroom)Reduction
AX (O) 2WD Hard Top Diesel MTRs. 11,50,001Rs. 10,31,600Rs. 1,18,401
LX 2WD Hard Top Diesel MTRs. 13,16,000Rs. 11,80,600Rs. 1,35,400
AX (O) 4WD Soft Top Diesel MTRs. 14,99,000Rs. 14,12,900Rs. 86,100
AX (O) 4WD Hard Top Diesel MTRs. 15,14,900Rs. 14,27,999Rs. 86,901
LX 4WD Soft Top Diesel MTRs. 15,90,000Rs. 14,98,800Rs. 91,200
LX 4WD Hard Top Diesel MTRs. 16,12,000Rs. 15,19,500Rs. 92,500
LX 4WD Soft Top Diesel ATRs. 17,29,000Rs. 16,29,800Rs. 99,200
LX 4WD Hard Top Diesel ATRs. 17,62,000Rs. 16,60,900Rs. 1,01,100

The GST cut allows more buyers to consider higher-end diesel trims with features like alloy wheels, touchscreen infotainment, and better safety kit.

Check your new car loan eligibility and find out how much you can borrow.


Why have the prices been reduced for the Mahindra Thar


The Mahindra Thar price after GST cut has reduced because GST 2.0 has rationalised the tax structure for SUVs. Earlier, large SUVs like the Thar attracted a combined GST and cess of 50%, but now the cess has been revised downward.


Here is the simplified tax comparison:

CategoryOld GSTOld cessOld total taxNew GSTNew total taxChange in tax
SUVs (above 4 metres, engine capacity exceeding 1,500cc)28%22%50%28%40%–10%

This 10% reduction results in price drops of Rs. 81,400 to Rs. 1,35,000 across Thar petrol and diesel trims, giving buyers a chance to upgrade to higher models while staying within budget.


When are the new rates applicable


The new GST rates became effective from 22nd September 2025. From this date, dealers across India are required to apply the revised tax slabs on billing. Customers booking or buying their Mahindra Thar after this date will automatically benefit from the lower prices.


However, buyers should always confirm with their local dealership, as the final ex-showroom price may differ slightly depending on state-level levies and charges.

Check your new car loan eligibility and find out how much you can borrow.


Why choose Bajaj Mall for your car purchase


When planning to buy your Mahindra Thar, Bajaj Mall offers a simple, transparent, and convenient platform. You get access to a wide range of Mahindra cars, including the Thar, at competitive ex-showroom prices. The booking journey is straightforward, allowing you to browse, compare, and finalise your choice in just a few clicks.


The processs becomes even smoother with the Bajaj Finserv New Car Loan. You can finance up to 100% of the ex-showroom price with flexible repayment tenures, ensuring your EMIs are comfortable. The loan is also supported by competitive car loan interest rates.


To plan your monthly instalments better, you can use the car loan EMI calculator. This tool helps you estimate EMI amounts instantly and manage your budget effectively.


Why wait? Check your pre-approved new car loan offer and bring home your new car without any delay.

Your new car loan requirement

Frequently asked questions

Do both petrol and diesel Thar variants get the GST benefit?

Yes, the GST benefit applies to both petrol and diesel variants of the Mahindra Thar. The revision covers mid-size cars and SUVs, making both fuel options more affordable. Buyers across categories can now enjoy reduced ex-showroom prices, whether they choose the petrol model for city driving or the diesel variant for long journeys.

How much of a difference will the new rates make?

The revised GST structure has led to price cuts ranging between Rs. 86,000 and Rs. 1,35,000, depending on the variant. This makes the Mahindra Thar more budget-friendly and improves affordability for buyers. With lower ex-showroom costs, financing becomes lighter too, as your loan amount and EMIs reduce, making ownership more manageable.

Will the on-road price also reduce?

Yes. Since the ex-showroom price is the base for financing, a reduction directly lowers the financed amount. This leads to smaller EMIs and easier repayment, making the Thar more accessible for a wider range of buyers.

When will the new prices be applicable at dealerships?

New GST-revised prices are already available at authorised Mahindra dealerships across India. Visit your nearest dealership or explore Bajaj Mall for booking details.

Can Mahindra still make price changes despite the GST cut?

Yes, carmakers like Mahindra retain the right to adjust ex-showroom prices due to input costs, raw materials, or strategic pricing. However, the GST reduction is a government-mandated change, which manufacturers are required to pass on to customers. This means the tax benefit cannot be withheld, although final pricing may still see revisions in the future.

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