Mahindra is all set to increase the prices of the new Thar from December, according to our sources. We don’t yet know the updated prices, but dealers say it could become dearer by up to Rs 50,000. The Thar is currently priced between Rs 9.80 lakh and Rs 13.75 lakh (ex-showroom). Mahindra’s second-gen Thar has had a flying start since its October 2 launch, racking up over 20,000 bookings and commanding a waiting period of up to seven months. In fact, the Thar is sold out till May 2021, forcing Mahindra to ramp up production from 2,000 to 3,000 units. The SUV maker is also focussing on clearing backlogs for the AX Optional and LX variants, with bookings for the base-spec AX temporarily put on hold due to less demand. 
