MAHINDRA BOLERO NEO PLUS

Car
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Mahindra Bolero Neo Plus Variants

P4
10.90 Lakh
Ex-showroom
P10
11.95 Lakh
Ex-showroom

Mahindra Bolero Neo Plus Price

Variant:
P4
10.90 LakhEx-showroom price Delhi

Ex-Showroom Breakup

Ex-Showroom Price₹10,90,000
Registration & Road Tax (approx)
i
₹1,47,150
Hypothecation Charges₹1,500
Insurance Premium₹38,050
Accessories₹10,000
Other Charges₹5,000
On-road Price (approx)₹12,91,700

Cost Transparency, Budget Breakdown, and Estimated Ownership Snapshot

Expense CategoryEstimated Range
Starting Ex-Showroom Price10.90 Lakh
Top Variant Pricing11.95 Lakh
Estimated EMI Range₹24,891 - ₹0 /month
Annual Insurance₹38,050

On-road price of Mahindra Bolero Neo Plus

The Mahindra Bolero Neo Plus starts at Rs. 12.92 Lakh and goes up to Rs. 14.13 Lakh, depending on the variant you choose. The final on-road price also includes additional costs such as RTO registration, insurance, road tax, and optional accessories, which vary by city. Higher-end variants equipped with premium features and advanced technology naturally cost more than the entry-level models.

Increase in-hand salary even with car purchase

Car leasing in you personal name

Ex-showroom ₹10,90,000
Base Cost ₹7,78,571
GST (%)40%
Registration ₹1,47,150
Total Funding(ORP) ₹12,91,700
Lease Tenure 48 months
Base Rental (₹)₹19,797
Registration Recovery (₹)₹3,066
GST on Base Rental (₹)₹7,919
FMS Rental (₹)₹3,171
Monthly Lease (₹)₹33,952
Residual Value (excl. GST) (₹)₹1,55,714
Inhand Monthly Salary (₹) (approx)₹1,26,636
Inhand Annual Salary (₹) (approx)₹15,19,635
Yearly re-imbursement(Fuel & driver salary) (₹) (approx)₹2,50,000
Get Additional Savings (₹)
₹2,29,046

In-hand Salary Comparison Across Financing Options

Compare your monthly take-home salary for Car Loan, Hybrid and Lease

0
50K
1.0L
1.5L
2.0L
₹1,50,633
₹1,25,742
₹1,34,533

Car Loan

Hybrid Loan

Car Lease

Lease Salary
₹1,26,636
Additional Savings
₹4,772
Reimbursement
₹3,125
Recommendation: Car Lease / Hybrid Loan

Use the Calculator to Determine Your EMI

Standard car loan EMI

%
Yrs
Principal Amount
Interest Amount
Standard Car Loan Monthly EMI
₹25,715

Break-up

Monthly EMI₹25,715
Principal Amount₹10,33,360
Total Interest₹2,00,970

Total Amount₹12,34,330

Data & Pricing Disclaimer

Vehicle prices, mileage figures, EMI estimates, insurance costs, and ownership calculations are based on manufacturer specifications,dealership quotations, market conditions, and real-world driving observations available at the time of publishing.