What is X-Mart?
Mahindra X-Mart is one of the largest networks for vehicle exchange platforms, with an exchange process so simple, just think of it as taking a few steps towards your new vehicle. So, say goodbye to tedious and complicated vehicle exchange programmes.
Get Insta Cash Offer – ICO
Insta Cash Offer (ICO) : ICO is the assured Exchange Price given to customer for their used vehicle basis the self-evaluation submitted online by customers. This give flexibility and comfort of their home while exchanging the vehicle. It is an industry First initiative by Mahindra.
**The ICO offer may vary subject to physical evaluation
How it works?
Get your exchange evaluation done within 2 hours. Complete your vehicle exchange in 3 easy steps.
Share Information
Provide details of your existing vehicle.
Evaluate
Thoroughly assess your car, either by yourself or through us.
Exchange
Upgrade your vehicle and get a better deal.
Why sell to X-Mart?
Get a one-stop solution for all your exchange needs
Get competitive pricing
A digital process that helps standardise your vehicle's evaluation. And a digital auction ensures you get the best rates.
Getting attractive exchange benefits on your upgrade
Planning to buy a new Mahindra SUV? Avail attractive offers.
Transparent and hassel-free process
We adjust the value of your old vehicle with the price of your new one so you just pay the difference.
What Customers Say
Ratings from our customers
Mr. Abdul Haque Siddiqui
Autocentre
Bilaspur
Delighted with all the staff members, they were very cooperative. The deal was completed smoothly and hassle-free. The delivery arrangements were managed very well.
Mrs. Daisy Hazarika
Industrial & Farm Equipment
Guwahati
I had an existing loan on my old vehicle and I was sceptical that an
exchange would be possible. The IFE dealers not only helped me close
my loan but also gave me a satisfactory resale value for my old
vehicle. The deal was completed very fast and I am quite satisfied
with my experience at IFE.
Mo Tarik
Mosaram Enterprises Limited Lakhimpur
lucknow Ro
The complete transaction was hassle-free. From the exchange of my old vehicle to the settlement of an old loan, from the finance for the new vehicle to the delivery of the new car all happened on the same floor. I'm extremely happy with the services provided by Mosaram Enterprises Limited.
Mr. Nagraj Babubhai Limbasiya
Gallops motors
Rajkot
I just wanted to thank Gallops motors and the Mahindra exchange team for giving me the best price for my Ertiga. The entire process was good with transparent paperwork.
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Mr. Neeraj Kumar Dubey
Win Win Automobiles
Bhopal
I purchased Bolero Neo on 06 Nov’22 from the dealership against Maruti Omni. I'm satisfied with the hassle-free process with the dealership. I liked the X-martB7 business transaction. I will refer the X-mart business to my family and friends.
Dr. shailesh Jaganath
K.S. Automobile
Jaipur
I exchanged my Ford Figo and I'm very happy with the exchange. The exchange team explained the entire process and assisted me with a hassle-free service. I am delighted to be part of Mahindra now by purchasing XUV3OO.
Mrs. Swati Gaikar
Salasar Auto crafts
Thane Mumbai
I got a better price than the market on my Maruti Alto. I liked the prompt service of the exchange team and was happy to get an additional bonus as a discount. It was a deal breaker & I am excited to drive my new XUV3OO vehicle.
Mr. Dinesh Nagale
Provincial Auto
Nagpur
I brought a new Mahindra Bolero B6 opt and exchanged my old Renault KWID. I got a good service from Mahindra for the new vehicle, as well as for the exchanged vehicle. I got the expected price against my old vehicle. Everything was done properly as committed by the Mahindra team from the new and Exchange department.
7 Lakh+ Happy
Instant quotes
Best rate
Hassle-free process
FAQs
- Step1 : Bring your existing car at any Mahindra dealership for evaluation.
- Step2 : Evaluation is carried out by Vehicle evaluator using digital app on multiple check points.
- Step3 : Based on the digital evaluation report the price of your car is determined backed by digital auction.
- Step4 : The price as agreed upon for the old car can be adjusted against the price of new car.
- Step5 : A certificate of undertaking (purchase agreement) along with receipt of old car payment is issued.
- Step6 : Once the price is agreed upon, the car needs to be handed over to the dealership along with relevant documents.
- Step7 : Existing customer is intimated about the status of sale of old car on regular basis.
If you are planning to exchange your old Vehicle against a new one, you need to submit the following documents at the time of exchange:
- Vehicle keys
- Proof of identity (Passport, Pan Card, Aadhar Card, Driving License, etc)
- Valid insurance copy
- Original RC
- Duly Signed Form 29 & 30
- Bank Hypothecation closure statement and Form 35
You can avail this exchange facility at any of the Mahindra Dealerships.
Q1: Is the Instant cash offer (ICO) for my old vehicle shown on the website, the final offer?
Ans: if you have provided all information in the Self-Evaluation accurately and it matches with the Dealer Physical Evaluation in all respect then there won't be any change in ICO offer. However, in case of any changes in either of the evaluations it will result in revision of the ICO offer.
Q2: Can I just sell my car on this platform without buying a new car?
Ans: No, The Instant Cash Offer is Offered only against the purchase of another M&M New vehicle.
Q3: How is my Instant Cash Offer calculated?
Ans: Your Instant Cash Offer is calculated using a proprietary price calculation tool which considers the change in market conditions and used car prices that may vary from day to day. The calculation includes multiple data sources and is based on factors that affect used car pricing such as: Specific old vehicle details, Demand and supply of the brand, Historical Trends, Market specific influence etc.
Q4: How is an Instant Cash Offer (ICO)different from other online site prices?
Ans: Mahindra First Choice Wheels provides an assurance to the customer on the ICO price if the customer self-evaluation match with Dealer physical Evaluation against a particular trade-in vehicle. But the other online site prices are used for majorly price discovery.
Q5: How long is my Instant Cash Offer valid for?
Ans: Your Instant Cash Offer is valid for 7 days. After that time, you can resubmit your request, but your Offer amount may change.
Q6: What makes a car non-eligible for an offer?
Ans: There are a variety of reasons why cars may not be eligible. Some possible reasons include, but are not limited to, Registration Certificate issues (salvage, grey market, taxis), market volatility, lack of market data, unresolved recalls, low value due to age or condition, any vehicle above 10 years of age, vehicle which have clocked more than 2.5 lakh Kilometre and if the Car is used for commercial purpose.