Mahindra Thar 5-Door Expected Price (Variant-wise Estimation) With Logic
In this article, we’ll estimate the ex-showroom prices of the 2024 Mahindra Thar 5-door off-road SUV and explain the logic behind the calculations. We’ll first look at the prices of the Thar 3-door 4WD variants to form a baseline and then evaluate the competitors to get an understanding of the prevailing market conditions. Let’s begin with looking at the Thar 3-door ex-showroom prices in India.
Note: These are our estimations based on the information available as of June 27, 2023. Once we get more details before the price reveal, we’ll update this article to reflect the revisions to factor in our learnings.
Mahindra Thar 3-Door 4WD Ex-Showroom Prices
The current Thar 4WD model is available with petrol and a diesel engine options. Both engines are available with the option of a manual as well as an automatic transmission. The Thar petrol 4WD costs between Rs. 13.87 lakh and Rs. 16.10 lakh. The Thar diesel 4WD starts at Rs. 14.44 lakh and tops out at Rs. 16.78 lakh.
The price gap between manual and automatic transmissions of the Thar 4WD is around Rs. 1.50 lakh. The price gap between comparable petrol and diesel powertrains is almost Rs. 60,000. The top variant with the diesel engine also gets the option of a mechanical locking differential for an additional Rs. 20,000.
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Maruti Suzuki Jimny Ex-Showroom Prices
The Jimny is the prime rival of the upcoming Thar 5-door. It is available in 2 variants with manual and automatic transmission options. The price difference between the Jimny manual and automatic is Rs. 1.20 lakh. Its prices range from Rs. 12.74 lakh to Rs. 14.89 lakh.
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Also Read: Maruti Suzuki Jimny Variants Explained - Buy Best Petrol Variant
Honda Elevate SUV Variant-Wise Expected Price Range With Logic
Note: Instantly Sell Your Old Car With V3Cars Sell Used Car Platform
Mahindra Thar 5-Door Off-Road SUV — Variant-Wise Expected Price
Currently, it’s unclear which variants will come with the Thar 5-door with which powertrain. Moreover, there’s the confusion about the convertible soft and hard top. Since the 5-door version is focused towards buyers who want to use the Thar 5-door as a daily driver and with family, a hard top version makes more sense. Thus, the Thar 5-door is less likely to offer a soft-top version. Regardless, the price gap between soft and hard top Thar is nominal and it shouldn’t affect our estimations.
Competition
Considering the fairly high price of the Jimny, it looks like the Thar 5-door will have enough breathing room in terms of pricing. The Thar is significantly wider than the Jimny. Moreover, the 5-door version will also be fairly longer, substantially breaching the 4-metre mark. This further adds to the Thar’s road presence quotient. More importantly, it will take away the chances of ever seeing an affordable version of the Thar 5-door with the 2WD 1.5L turbo diesel as it won’t get the small-car tax advantages.
In terms of performance, the Thar already has a significant edge over the Jimny. With the addition of turbocharger, both the petrol and the diesel engines of the Thar, offer multi-fold torque compared to the Jimny’s 1.5L non-turbo petrol engine. Moreover, this torque comes in early at near crawling RPMs, making it significantly easier to drive in on-road as well as off-road conditions.
Positioning
While the Jimny comes across as the natural rival for the Thar 5-door in the practical off-road SUV space, we expect the Thar to position itself considerably higher still over the Jimny. The fact that the Jimny is already quite expensive while being far less capable than the Thar will allow it to better justify the price gap over the Jimny even if it’s quite expensive compared to the 3-door version.
So, we don’t expect it to offer the lower AX (O) base model and only bring the top-spec LX variant. Value positioning is out of the equation as it no longer feels any threat from the Jimny. With that in mind, we believe that it’ll offer diesel-manual and diesel-automatic powertrains. A petrol-automatic powertrain option also makes tremendous sense but a petrol-manual variant may or may not materialise.
Inflation
Since the Thar 5-door is likely to go on sale early in 2024, we should also factor in the inflation. Maruti Suzuki may also give the Jimny a couple of price hikes by the time Mahindra reveal the Thar 5-door price. Meanwhile, the Thar 3-door may also get a couple of price revisions.
Pricing
With the above considerations, the Thar 5 door could cost Rs. 16.40 lakh with the diesel-manual powertrain and around Rs. 17.90 lakh with the diesel-automatic. The petrol-manual (if it makes it to the product launch plan) could cost around Rs. 15.80 lakh with the manual while the Thar 5-door petrol-automatic could cost Rs. 17.30 lakh.
Therefore, our estimates suggest that the Thar 5-door could carry a premium of around Rs. 1.10 - 1.20 lakh over the current Thar prices (June 2023).
Mahindra Thar 5-Door Off-Road SUV — Variant-Wise Expected Price Summary
Based on our estimations, the Thar 5-door petrol could cost Rs. 15.80 lakh with manual and Rs. 17.30 lakh with the automatic. Meanwhile, the Thar 5-door diesel-manual could cost Rs. 16.40 lakh while the diesel-automatic could cost Rs. 17.90 lakh.
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*Least likely to go on sale
Related Articles:
Mahindra Thar Exterior Review – Design & Features
Mahindra Thar Interior Review - Features & Usability
Mahindra Thar Engine Review - Driving & Performance Diesel-Automatic
Note: Now Find Out The Fuel Price In India Using V3Cars
ABOUT THE AUTHOR
Mahesh Yadav
Mahesh is a fan of compact, quirky and underrated vehicles that punch above their weight. Multix, Nano and Navi are his favorites.
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