{"id":40825,"date":"2023-01-20T07:36:28","date_gmt":"2023-01-20T12:36:28","guid":{"rendered":"https:\/\/autosector.com\/?p=40825"},"modified":"2023-01-20T07:36:28","modified_gmt":"2023-01-20T12:36:28","slug":"bmw-australia-increases-prices-nearly-all-cars-ix3-gets-discount","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=40825","title":{"rendered":"BMW Australia Increases Prices Of Nearly All Cars, But iX3 Gets $10,000 Cut"},"content":{"rendered":"

When BMW USA updated its online configurator<\/a> last month, it confirmed a previous report about price increases across the board. It\u2019s a similar story in Australia where the automaker\u2019s regional branch has published full pricing details for January 2023. The cars are anywhere between $1,600 to $11,500 (AUD) costlier than before. The biggest jump is for the M8 Coupe and M8 Gran Coupe in Competition guise, followed by the M850i Coupe and M850i Convertible commanding a hefty $9,000 premium.<\/p>\n

In an interview with CarExpert<\/em>, a spokesperson for BMW Australia explained the changes in pricing: \u201cBMW constantly reviews its pricing structure throughout the year, taking into consideration a number of different factors. However, we always aim to ensure our products remain appropriately positioned and represent a competitive pricing proposition in the market for our customers.\u201d<\/p>\n

The silver lining is a significant price cut for the iX3<\/a> as the electric crossover is now $10,000 cheaper. It carries a starting price of $104,900, thus making it $5,500 more attainable than the plug-in hybrid X3 xDrive30e. It\u2019s unclear whether this decision has been taken as a response after Tesla reduced the price of its Model Y by up to $3,400. Coincidentally, both EVs are made in China.<\/p>\n

It should be mentioned BMW\u2019s price hike for the start of the year follows a couple of similar adjustments made in 2022, specifically in April and August. Pricing details for the Australian market are attached below. The most affordable model is the 118i hatchback from $53,900 while the most expensive of the bunch is the M8 Coupe<\/a> from $374,400.<\/p>\n

The 7 Series G70<\/a> isn\u2019t listed because it hasn\u2019t gone through a price change, having been recently added to the lineup. The flagship tops out with the $297,900 i7 xDrive60. It\u2019s the same story with the X1 U11 since it\u2019s a new product. Other models soldier on with an unchanged pricing structure.<\/p>\n

1 Series<\/strong><\/p>\n