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      05-27-2022, 11:16 AM   #1
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Post BMW USA Price Increases For 2023 M3 and M4

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BMW USA Announces Prices Increase For All 2023 Model Year Vehicles & Some Options
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BMW NA has announced price increases across the board to all 2023MY vehicles and some select options.

According to the announcement: "BMW NA have determined that it is necessary to reflect the current economic situation."

Here is the full list of pricing updates:

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      05-27-2022, 11:34 AM   #2
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2023 BMW M3  [10.00]
$3700 is insane. Here we were predicting $3k, and this is essentially $4k territory.

Based on gesture control and heated steering wheel going up, the executive package will be pricier too.
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      05-27-2022, 11:43 AM   #3
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That's some horseshit. Looks like the M3/4 ZCP bear the brunt of the price hikes relative to other models..
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      05-27-2022, 11:43 AM   #4
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      05-27-2022, 11:47 AM   #5
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Depending where the M2 falls on pricing, it will be a bargain since it's just a de-tuned S58
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      05-27-2022, 11:47 AM   #6
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I'm planning to order a 2023 M3 soon. The $2700 sucks, but doesn't take me out of the market. Isn't there usually a markup when the LCI hits?
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      05-27-2022, 11:51 AM   #7
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2023 BMW M3  [10.00]
The M340i went through a more drastic LCI and only went up by $150. I guess BMW thinks M cars will sell regardless.
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      05-27-2022, 11:52 AM   #8
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I really hope there are some added standard options. Already know the CCBs I specced will make the $3700 price increase turn into $4k+.

BMW is really sticking it to people who've been waiting months for MY'22 allocations. 'Oh sorry, you don't get a car this year. Here's a $4k price increase, f*ck you'. Don't think I'm interested in paying likely over $5k more on top of higher rates for the same exact car by virtue of missing out on a MY'22 allocation. Those who got and financed this car at 0.9% just even earlier this year are paying a lot less for it. Just about done with this sh!tshow.
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      05-27-2022, 11:57 AM   #9
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Originally Posted by gs1403 View Post
I really hope there are some added standard options. Already know the CCBs I specced will make the $3700 price increase turn into $4k+.

BMW is really sticking it to people who've been waiting months for MY'22 allocations. 'Oh sorry, you don't get a car this year. Here's a $4k price increase, f*ck you'. Don't think I'm interested in paying likely over $5k more on top of higher rates for the same exact car by virtue of missing out on a MY'22 allocation. Those who got and financed this car at 0.9% just even earlier this year are paying a lot less for it. Just about done with this sh!tshow.
Based on the Jahre models, Carbon Buckets may also go to $4500. I was about to pull a trigger on a low mileage F80 with amazing interest rates at the time and said why not go to a newer model, the price difference isn't that much.

My ~$85k build with rates around 1.9% quickly became +$90k with rates hovering around 3-5% in a matter of a few months.

Really clowned myself. I'm still going to stick it out as I don't have a car at the moment, but hey BMW, screw you.
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      05-27-2022, 11:59 AM   #10
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Quote:
Originally Posted by gs1403 View Post
I really hope there are some added standard options. Already know the CCBs I specced will make the $3700 price increase turn into $4k+.

BMW is really sticking it to people who've been waiting months for MY'22 allocations. 'Oh sorry, you don't get a car this year. Here's a $4k price increase, f*ck you'. Don't think I'm interested in paying likely over $5k more on top of higher rates for the same exact car by virtue of missing out on a MY'22 allocation. Those who got and financed this car at 0.9% just even earlier this year are paying a lot less for it. Just about done with this sh!tshow.
Not sure about the US, but Canada also got a mid year price increase as well. This is getting a bit ridiculous.
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      05-27-2022, 12:09 PM   #11
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I was expecting $3k MSRP increase for MY23 and people were commenting that was too much.

With $3700, i hope BMW updates the standard features list in G8x vehicles.
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      05-27-2022, 12:16 PM   #12
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That's 2 price increases in less than a year. My 22 G82, ordered in July of 2021, was $78,800 "base" MSRP.

Then a few months ago, they went to $79,000, only $200, but, now, another $3,700!! Plus the price of some options increasing?? Waow.
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      05-27-2022, 12:18 PM   #13
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Now can we get some MY23 buying guides please... been waiting not so patiently for those...
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      05-27-2022, 12:19 PM   #14
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Now can we get some MY23 buying guides please... been waiting not so patiently for those...
May have just pushed me out of an xDrive.

All is not lost, but I still hate BMW now lol. Price adjustments based on current economic climate my ass. Just reported record profits....
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      05-27-2022, 12:25 PM   #15
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Quote:
Originally Posted by Besharaf View Post
May have just pushed me out of an xDrive.

All is not lost, but I still hate BMW now lol. Price adjustments based on current economic climate my ass. Just reported record profits....
It's supply and demand. They just don't admit it. If it was purely "economic climate", the spreads would have been more consistent across the board. They know they can milk more money from the M customers. People buying M cars are more likely to be enthusiasts loyal to the brand or want a M car as a statement - less likely to shop around..less price elasticity of demand.

I was on the fence about carbon buckets - it's a definite no now. Might just do Skyscraper instead of Dravit Individual. And might uncheck exterior CF package. Or might just not buy this car and keep my F82. Whatever. Been giving too many shits for too long. Worst car buying experience, period.
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      05-27-2022, 12:25 PM   #16
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Quote:
Originally Posted by Limegrntaln View Post
Then a few months ago, they went to $79,000, only $200, but, now, another $3,700!! Plus the price of some options increasing?? Waow.
BMW US was really conservative on MSRP updates over the year even with all issues which we went through. Canada saw a significant mid year MSRP update last dec effective immediately (1/1).
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      05-27-2022, 12:28 PM   #17
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Quote:
Originally Posted by gs1403 View Post
It's supply and demand. They just don't admit it. If it was purely "economic climate", the spreads would have been more consistent across the board. They know they can milk more money from the M customers. People buying M cars are more likely to be enthusiasts loyal to the brand or want a M car as a statement - less likely to shop around..less price elasticity of demand.

I was on the fence about carbon buckets - it's a definite no now. Might just do Skyscraper instead of Dravit Individual. And might uncheck exterior CF package. Or might just not buy this car and keep my F82. Whatever. Been giving too many shits for too long. Worst car buying experience, period.
Concur, this was going to be my first M car, even my first BMW. It's such a shame there's nothing else on the market to compete on the same level.
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      05-27-2022, 12:34 PM   #18
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Inflation and stressed supply chains. Nothing surprising. Thank you Covid and thank you the Fed (printer goes brrrrrrrr).

Any ideas about updated content?
In general OEMs try to add freebies in the mix to help with the price pill.
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      05-27-2022, 12:35 PM   #19
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Quote:
Originally Posted by Besharaf View Post
Concur, this was going to be my first M car, even my first BMW. It's such a shame there's nothing else on the market to compete on the same level.
Yep. No more C63, and the RS5 doesn't even hold a candle to the M3/4. Not interested in a Caddy and there's no Porsche offering aside from two seaters or SUVs in this price range.

I hope this may be an opportunity to ask for a small discount if you have a good relationship with your dealer (however unlikely it'll materialize), especially if you've been waiting since MY'22.
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      05-27-2022, 12:36 PM   #20
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Quote:
Originally Posted by Malfunkshun'd View Post

Any ideas about updated content?
That's the big question mark in the air right now. Not keeping hopes up though.
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      05-27-2022, 12:37 PM   #21
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Quote:
Originally Posted by Besharaf View Post
May have just pushed me out of an xDrive.

All is not lost, but I still hate BMW now lol. Price adjustments based on current economic climate my ass. Just reported record profits....
I have a 6MT on order so selfishly... the $2,700 is relatively ok news for me since I was expecting a $3k increase.

But it's obvious these price increases are due to relative demand rather than blanket inflation. That record year of sales BMW had in 2021 essentially foretold this was coming. Can't really blame BMW for this... if anything blame all the assholes buying BMWs left and right
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      05-27-2022, 12:41 PM   #22
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Quote:
Originally Posted by gs1403 View Post
Yep. No more C63, and the RS5 doesn't even hold a candle to the M3/4. Not interested in a Caddy and there's no Porsche offering aside from two seaters or SUVs in this price range.

I hope this may be an opportunity to ask for a small discount if you have a good relationship with your dealer (however unlikely it'll materialize), especially if you've been waiting since MY'22.
If I was in the market for the competition version, I'd have strongly considered a Giulia QF. But my main reason for going with an M3 is the 6MT. And I wasn't really ever interested in Cadillac.

As for discounts from a dealer... I'd say fat chance. I heard the dealer I have my deposits down with at MSRP, is now starting to ask for $10k ADM for new wait list buyers.
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