Mahindra Two Wheelers has launched the new Gusto 125 at Rs 50,920 (ex-Chennai), for the base DX variant. The top spec, VX variant is priced at Rs 54,920 (ex-Chennai).The Gusto features flashy, twin tone colour schemes and chrome on the side panels on the VX trim. The 12-inch wheels are blacked out and so are the telescopic fork legs. The scooter gets MRF tubeless tyres. Mahindra say that it will launch a disc brake equipped version soon.