11-30-2022, 11:06 AM | #1 |
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2023MY BMW Pricing Increase Announcement (Effective Production Starting Jan 1, 2023)
Featured on BIMMERPOST.com Attached are the price increases that will be implemented in MY23 BMW's starting in January. Thought some of you guys could use the heads-up, plan your BMW purchases accordingly.. |
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11-30-2022, 12:00 PM | #2 |
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Damn that's a big jump in a short period for a bunch of cars — especially the M5. Went from a 103k base to soon to be nearly 110k starting price point. Yikes!
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11-30-2022, 12:04 PM | #3 | |
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11-30-2022, 12:07 PM | #5 |
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11-30-2022, 12:08 PM | #6 |
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They're increasing the price while they have stripped away a TON of features from the cars! There are tons of little things missing that they don't publish that massively add up. I took delivery of a 2023 M340 last month and the number of things missing is absolutely unacceptable. I am working on an in depth review to post in g20>general soon with a list of omissions but I am very upset about the cost cutting in the LCI.
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11-30-2022, 12:08 PM | #7 | ||
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11-30-2022, 12:13 PM | #8 |
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Great, I've been waiting 6 months for an allocation, and now I get to pay more.
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11-30-2022, 12:14 PM | #9 |
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When is M3 LCI? Back half of 23 or will it be 2024?
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11-30-2022, 12:15 PM | #10 |
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Picked up my 22 X3M comp at end of May when base prices was just below 70k locked in 2.26% at 60 months. $ 4500 increase in less than 8 months by. Jan 23 on base price. Sold my used car 6k more than what it is worth now as well so $10k savings makes me very happy about my timing.
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11-30-2022, 12:17 PM | #11 |
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Wow that sucks for a lot of ppl waiting, glad I’m getting delivery this week! Hopefully you guys get allocations this month! Price increasing fast!
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11-30-2022, 12:19 PM | #12 |
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Don't see Z4 on there either. Hopefully there's no change to that, since I want to order one here.
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11-30-2022, 12:26 PM | #13 |
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If your car is currently being built ( at port ). Does this price increase apply? Or just if you are waiting for an allocation and no prod number?
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11-30-2022, 12:29 PM | #14 |
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G80 LCI already happened at start of 23MY, G82 supposed to be 24MY when all 4 series are due for LCI.
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11-30-2022, 12:38 PM | #15 |
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If your car shows as "at port" it is already built, transport according to this does not apply, even if you don't have it in your possession yet. This price increase applies for any cars with a Jan 1st production date and onwards. So any car that doesn't get off the production line before January 1st get's hit with this price increase.
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11-30-2022, 12:46 PM | #16 |
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Car industry has largely been unaffected from a profitability standpoint during and after COVID. It's looking to go south really quick.
Prices of these cars doesn't make sense to the average buyer. If you were stretching yourself thin just to get into a BMW/Mercedes/Audi before, it's a lot worse heading into the new year. $1,300/month for a C300? $8-900/month for a 330? Yikes. |
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11-30-2022, 12:51 PM | #17 |
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damn... glad i just got my x3 m40i lol
this is honestly out of control... we are headed towards permanent price spiraling unless there is a major recession
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11-30-2022, 12:52 PM | #18 | |
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What about people who already signed a contract at a specific price and put a deposit down but are still waiting for an allocation? |
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11-30-2022, 01:06 PM | #19 |
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If you get an allocation before 12/31 you're ok. If not, just hope that your dealer is nice & decides to cover the price difference for you. Definitely call your dealer now and work out the details before 12/31 comes
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11-30-2022, 01:22 PM | #20 |
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I ordered my '22 M3 back in April of 2021. At that time the base price was $72,800. It's crazy to see that in such a short amount of time the base price will be $78,600. I know the majority of that increase was at the launch of the 2023 models but it's still a big jump overall.
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11-30-2022, 01:41 PM | #21 | |
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The reality is that the industry has been impacted by rising material, energy, and labor costs. They've been able to offset that due to pricing power due to the COVID induced shortages that resulted.
Two price increases within six months is pretty significant (MY2023 changeover and now a mid-year increase). The question now is: with the market cooling, and likely to cool significantly more in the next six months, will these price increases come back to bite them? Quote:
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