Ranked as the safest MPV in India with 4-star safety rating by Global NCAP, Mahindra Marazzo is currently being offered with attractive discounts and benefits. Top-spec M8 variant is available with total benefits worth a massive Rs 1.70 lakh that includes cash discount, exchange bonus and corporate discount.
Benefits on mid-range Marazzo are relatively less, Rs 60k for Marazzo M4 and Rs 1.10 lakh for M6. There’s no discount or benefit on base variant Marazzo M2, as it is already available at a competitive price of Rs 9.99 lakh.
As compared to rival Maruti Ertiga, Marazzo is positioned as a premium alternative and comes with a higher price tag. However, with the discounts and benefits being offered now, Marazzo has become an attractive proposition for potential buyers. Price difference has been reduced significantly between Marazzo and rivals Ertiga and recently launched XL6. In spite of this, sales of Marazzo continue to be lower.
Before discount, Marazzo mid-spec variants were priced in the range of Rs 11.56 – Rs 13.16 lakh. After discount, prices are in the range of Rs 10.96 – 12.06 lakh, which is closer to that of Ertiga 1.5 diesel (Rs 10.69 lakh) and XL6 (Rs 10.36 – 10.89 lakh). Similarly, price difference between top-spec Marazzo and Ertiga and XL6 has come down to around Rs 1.5 lakh.
Marazzo is a good looking MPV and comes with a range of premium and hi-tech features. However, it has been unable to match rivals in terms of sales even though initial response and bookings were quite encouraging. In October, Marazzo was ranked at 6th place in the list of bestselling MPVs/MUVs.
A total of 1,044 units were sold, which translates into YoY loss of -72.60%. However, MoM sales improved by 17.04%. With attractive discounts on offer, Marazzo can improve its sales numbers in the coming months. In October, Marazzo was trailing behind its rivals Ertiga, XL6, Renault Triber and Toyota Innova. Sales of Maruti Ertiga and XL6 crossed the 11,000 mark for the month.
As of now, Marazzo is available only with a 1.5-litre diesel engine that generates max power of 121 hp and max torque of 300 Nm. Engine is mated to a 6-speed manual transmission. An AMT unit for Marazzo is currently in the works and is expected to be launched in 2020. A petrol variant of Marazzo could also be launched next year.