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BMW raises prices again across most models

BMW Australia has once again increased the asking price for most of its models.

All the models affected by this particular price rise have had their before on-road asking price increased by between $1000 and $11,000, depending on the model and variant.

These models include: the 1 Series hatchback; certain 2 Series coupes; the 2 Series Gran Coupe; the 3 Series sedan and wagon; the M3 sedan; the 4 Series coupe, convertible and Gran Coupe; the M4 coupe and convertible; certain 5 Series sedans; the M5 sedan; certain 7 Series sedans; the Z4 convertible; and the X1, X2, X3, X4, X5, X6 and X7 SUVs.

“BMW constantly reviews its pricing structure throughout the year, taking into consideration a number of different factors,” said a BMW Australia spokesperson.

“However, we always aim to ensure our products remain appropriately positioned and represent a competitive pricing proposition in the market for our customers.”

This latest price increase builds on a previous price increase from April 2022, which saw almost every BMW model have its price rise between $1000 and $10,000.

BMW isn’t alone in raising the prices on the majority of its range. Audi recently upped the prices on most of its models, and Mercedes-Benz has also done so in the past.

The lower $1000 price rise this time around has generally been applied to more affordable entry-level models such as the 1 Series, X2 and the outgoing X1. It’s also been applied to the Z4 sports car.

The 2022 BMW 1 Series range now starts at $49,900 before on-road costs for the entry-level 118i, and extends to $72,900 before on-road costs for the high-performance M135i xDrive.

Many of the higher performance models such as the M3, M4, M5, X5 M Competition, and X6 M Competition have received price rises of between $3000 and $6000.

Certain variants of the outgoing BMW 7 Series have received the highest price rise of $11,000. The 740i now starts at $215,900 before on-road costs and the 740Li starts at $245,900 before on-road costs.

Even with the price hike, it’s still a far cry from the upcoming, seventh-generation 740i which starts at $268,900 before on-road costs. Customer deliveries of the new 7 Series and the all-electric i7 set to start in the fourth quarter of 2022.

Unlike last time, BMW has applied $5000 price increases to certain variants in its all-electric range, including the i4 liftback and iX SUV.

Models that aren’t affected by this particular prise rise are the 230i two-door coupe, certain variants of the 5 Series sedan, certain variants of the outgoing 7 Series sedan range, 8 Series, M8, all-electric iX3, certain variants of the iX, and the entry-level BMW i4 eDrive40.

It’s worth noting a number of BMW vehicles are still temporarily missing features due to production and semiconductor shortages. To read an up-to-date and evolving list of what features vehicles are missing, click here.

The Bavarian automaker has a few new cars on the way including facelifted versions of the 3 Series and X7, as well as new-generations of the X1 and 7 Series. There are also the high-performance M3 Touring and M4 CSL coming too.

The updated 2022 pricing for affected models is as follows:

1 Series

  • 118i: $49,900 (+$1000)
  • 128ti: $58,900 (+$1000)
  • M135i xDrive Pure: $67,900 (+$1000)
  • M135i xDrive: $72,900 (+$1000)

2 Series coupe

  • 220i: $63,900 (+$2000)
  • M240i xDrive: $91,900 (+$2000)

2 Series Gran Coupe

  • 218i: $56,900 (+$3000)
  • 220i: $59,900 (+$3000)
  • M235i xDrive Pure: $74,900 (+$3000)
  • M235i xDrive: $79,900 (+$3000)

3 Series (outgoing model)

  • 320i: $73,500 (+$1600)
  • 330i: $83,300 (+$3600)
  • 330i Touring: $87,300 (+$3400)
  • 330e: $90,300 (+$3400)
  • M340i xDrive Pure: $103,600 (+$1700)
  • M340i xDrive: $113,600 (+$1700)
  • M3: $153,500 (+$3000)
  • M3 Competition: $163,500 (+$3000)
  • M3 Competition xDrive: $169,500 (+$3000)

4 Series coupe

  • 420i: $75,500 (+$1600)
  • 430i: $96,900 (+$3000)
  • M440i xDrive: $124,900 (+$300)
  • M4: $158,500 (+$3000)
  • M4 Competition: $168,500 (+$3000)
  • M4 Competition xDrive: $174,500 (+$3000)

4 Series convertible

  • 420i: $93,500 (+$1600)
  • 430i: $113,900 (+$3000)
  • M440i xDrive: $141,900 (+$3000)
  • M4 Competition xDrive: $185,500 (+$3000)

4 Series Gran Coupe

  • 420i: $77,900 (+$1000)
  • 430i: $86,900 (+$2000)
  • M440i: $121,900 (+$3000)

5 Series

  • M550i Pure: $146,900 (+$4000)
  • M550i: $161,900 (+$4000)
  • M5 Competition: $260,900 (+$6000)

7 Series (outgoing model)

  • 740i: $215,900 (+$11,000)
  • 740Li: $245,900 (+$11,000)

Z4

  • 20i M Sport: $90,900 (+$1000)
  • 30i M Sport: $112,900 (+$1000)
  • M40i: $133,900 (+$1000)

X1 (outgoing model)

  • sDrive18i: $48,900 (+$1000)
  • sDrive18d: $54,900 (+$1000)
  • sDrive20i: $58,600 (+$1700)

X2

  • sDrive18i: $51,000 (+$1100)
  • sDrive20i: $62,300 (+$1400)
  • M35i Pure: $70,500 (+$1600)
  • M35i: $75,500 (+$1600)

X3

  • sDrive20i: $76,600 (+$1700)
  • xDrive20d: $79,600 (+$1700)
  • xDrive30i: $91,900 (+$2000)
  • xDrive30d: $98,000 (+$2100)
  • xDrive30e: $107,000 (+$2100)
  • M40i: $121,500 (+$2600)
  • M Competition: $169,500 (+$3000)

X4

  • xDrive20i: $88,600 (+$1700)
  • xDrive30i: $99,900 (+$2000)
  • M40i: $129,500 (+$2600)
  • M Competition: $176,500 (+$3000)

X5

  • xDrive25d: $109,900 (+$3000)
  • xDrive30d: $126,900 (+$2000)
  • xDrive40i: $130,900 (+$3000)
  • xDrive45e: $139,900 (+$1500)
  • M50i Pure: $149,900 (+$4000)
  • M50i: $164,900 (+$4000)
  • M Competition: $227,900 (+$5000)

X6

  • xDrive30d: $132,900 (+$2000)
  • xDrive40i: $136,900 (+$3000)
  • M50i Pure: $155,900 (+$4000)
  • M50i: $170,900 (+$4000)
  • M Competition: $233,900 (+$5000)

X7 (outgoing model)

  • xDrive30d: $140,900 (+$2000)
  • M50i: $189,900 (+$5000)

i4

  • M50 xDrive: $129,900 (+$5000)

iX

  • xDrive50 Sport: $174,900 (+$5000)

All prices are before on-road costs.

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