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Mahindra XUV700 vs Mitsubishi ASXin Nepal — price & specs compared

Ex-showroom, KathmanduPrices verified 08 Aug 2026Comparing AX3 MT PET FWD 5 STR vs ASX 2.0 Semi-Option variants
The short answer

Mahindra XUV700 costs रु 24,75,000 less ex-showroom. ASX has 3 PS more power.

Choose the Mahindra XUV700 if
Mahindra XUV700 costs रु 24,75,000 less ex-showroom.

Entry variant offers strong engine with basic features at Rs 74 lakh High Nepal pricing vs India due to import duties

Pros
Powerful turbo-petrol engine for the segment
5-star safety with modern platform
Competitive starting price within Nepal premium SUV class
Cons
No diesel option despite popular in India
No AWD or off-road-focused variant in Nepal
AX3 misses many premium comfort features of higher trims
As of 17 Jul 2026
Choose the Mitsubishi ASX if
ASX has 3 PS more power.

Semi-Option offers the same 2.0L 4WD hardware as Full-Option at a lower price, but with fewer comforts. Best suited to buyers prioritizing robust 4WD and basic features over luxury and tech.

Pros
Strong 2.0L petrol with 4WD at relatively lower price.
Good ground clearance and compact size for Nepali roads.
Reputed Japanese brand reliability for long-term ownership.
Manual gearbox appeals to drivers wanting more control off-road.
Cons
Pricing is high versus newer compact SUVs from rival brands.
Semi-Option likely misses premium features like leather and advanced infotainment.
Not an EV or hybrid; higher running costs than electric rivals.
Mitsubishi dealer and service network in Nepal is relatively limited.
As of 03 Aug 2026
18 rows compared
Mahindra XUV700 price in Nepal
Mahindra
रु 74,00,000Lowest price
Mitsubishi ASX price in Nepal
Mitsubishi
रु 98,75,000
💰Price & availabilityEx-showroom
Ex-showroom price
रु 74,00,000Cheapest
रु 98,75,000
Range, all variants
रु 74,00,000 – रु 1,13,00,000
रु 79,50,000 – रु 1,06,00,000
Variants on sale
6
4
Fuel
petrol
petrol
Distributor
Agni Incorporated Pvt. Ltd.
Mitsubishi Motors (authorized Nepal importer – model and price data cross‑checked from multiple Nepal auto portals; no dedicated official Mitsubishi Nepal distributor website or price‑list PDF could be located)
🎁Current offersDealer offers on the selected variant
Offers
cashExpired
Introductory launch price for first month after launch (February 2023)
Ended 01 Mar 2023
5 offers on other variants
cash
No specific official cash discount publicly listed for ASX Semi-Option.
1 offer on other variants
⚙️Engine, power & drivetrainVerified spec data
Engine capacity
Not disclosed
1,998 cc
Max power
147 PS
150 PS+3 PS
Max torque
380 Nm+183 Nm
197 Nm
Transmission
Not disclosed
manual
Drivetrain
Not disclosed
4WD
📐Size & practicalityVerified spec data
Length
Not disclosed
4,355 mm
Width
Not disclosed
1,810 mm
Height
Not disclosed
1,640 mm
Wheelbase
Not disclosed
2,670 mm
Ground clearance
Not disclosed
195 mm
Seating
5
5
🔧After-sales reachCounted from distributor listings
Showrooms in Nepal
49Better
9
Service centres
8
15Better
1 category hiddenBattery & Range does not apply to these two petrol models.
📋Other verified detailsAs researched, per category
🛋️Comfort & Interior
·Fabric upholstery, manually adjustable front seats
·Manual AC, rear AC vents
·5-seater layout with spacious second row
As of 17 Jul 2026
·5-seater SUV with fabric seats
·Manual air conditioning in lower trims
As of 03 Aug 2026
📱Infotainment & Convenience
·Dual 10.25-inch infotainment and digital cluster: Included
·6-speaker sound system: Included
As of 17 Jul 2026
·Basic audio system with radio/CD in base spec
·USB connectivity likely available
As of 03 Aug 2026
🛡️Safety
·Global NCAP 5-star crash safety rating
·Dual front airbags standard on AX3
·ABS with EBD, ESP standard
·ISOFIX child seat mounts in second row
As of 17 Jul 2026
·Front airbags, ABS and EBD standard
·Electronic stability control and hill-start assist
As of 03 Aug 2026
Design & Exterior
·Exterior colours: Everest White; Midnight Black; Dazzling Silver; Red Rage; Electric Blue
As of 17 Jul 2026
·Compact crossover SUV body with "Dynamic Shield" front
·Halogen headlamps and alloy wheels in semi-option spec
As of 03 Aug 2026
📊Sales & Imports
·Officially launched in Nepal early 2023
·Imported as CBU/CKD from India-spec production
As of 17 Jul 2026
·Imported and sold by Leon Motors Pvt. Ltd. in Nepal
·Priced at Rs 98,75,000 ex-showroom as of July 2026
As of 03 Aug 2026

Every variant, priced

Ex-showroom by trim — pick one to load it into the columns above.

Mahindra XUV700
Mitsubishi ASX

What each one really costs you

From our tax and EMI tools — bagmati province rates, 5-year loan at 7.5% with 40% down.

Ex-showroom
रु 74,00,000
रु 98,75,000
Road tax + registration
≈ रु 27,500
≈ रु 27,500
Third-party insurance
≈ रु 10,745
≈ रु 10,745
Estimated on-road
≈ रु 74,38,245
≈ रु 99,13,245
EMI / month
≈ रु 88,968 · 5 yr @ 7.5%
≈ रु 1,18,725 · 5 yr @ 7.5%

Estimates, not quotes. Road tax follows the published provincial schedule; insurance is the third-party tariff. Confirm with the dealer and insurer.

Mahindra XUV700 full detailsMitsubishi ASX full detailsEMI calculatorInsurance costOn-road price

Mahindra XUV700 vs Mitsubishi ASX — questions buyers ask

Which is cheaper in Nepal — Mahindra XUV700 or Mitsubishi ASX?

As of August 2026, the Mahindra XUV700 starts at Rs 74 lakh ex-showroom — Rs 5.5 lakh less than the Mitsubishi ASX at Rs 79.5 lakh.

What is the price of the Mahindra XUV700 and Mitsubishi ASX in Nepal?

The Mahindra XUV700 costs Rs 74 lakh to Rs 1.13 crore and the Mitsubishi ASX costs Rs 79.5 lakh to Rs 1.06 crore (ex-showroom, August 2026).

Should I buy the Mahindra XUV700 or the Mitsubishi ASX?

Weigh the current prices, the variant-wise specifications on this page, and each brand's showroom and service reach near you. There is no single winner — the side-by-side table shows exactly where each car is ahead.

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