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BMW U.S. Price Increases (including new 7-series)
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12-24-2008, 08:24 PM | #23 |
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I dont understand this....every car dealer is having great deals to attract buyers with somekind of dealer incentives
BMW on the other hand raises prices like every 2 years
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12-25-2008, 05:27 AM | #24 |
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surprised its not 5%. their margins in US are tanking.
I guess the ground is not BURNING under them YET. It\s mostly big 3 that are having deals anyway, plus toyota/honda. Germans would not start diluting their brands by giving cars away. You guys get BMWs in US at like 25 or 50% off from what some of us pay in Europe to begin with. So stop whining. You want deals - get a chrysler!
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12-25-2008, 06:42 AM | #25 | |
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12-25-2008, 08:00 AM | #26 | |
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12-25-2008, 09:14 AM | #27 | |
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lol. you guys are just failing to face reality. Prices will keep rising for BMW which will make it less and less affordable car. Like in Europe where few people can afford to buy a loaded 335i and an msport 320d is about the best compromise you're ever gonna get. You dont see many 335, but in US it seems every man and his dog has one - because they are dirt cheap. That will change. Same goes for other german brands. I for one will never find a reason for me to spend a 100k USD on 335i new (that's what they cost here). For those who cant afford the expensive 3 series, BMW will offer 1er and Mini and in future Isetta. "Luxury" is one word many will have to forget about for a long while now.
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12-25-2008, 09:34 AM | #28 | |
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12-25-2008, 11:23 AM | #29 |
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When the wife went to order her 335i in mid 2007, the SA told us that he would not be able to work the price because the car was in such high demand (at the time) because it was so new. However, after going through the order checklist, the SA chopped $1,200 off the price for "repeat customer".
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12-26-2008, 03:18 AM | #30 |
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it is so unfare
it is soooo unfare i cant even look at this price list. just an exaple to let you figure out how expensive this BMW in turkey. 320d convertible for 80.000 EUros not the 330 or 335 just 320...
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12-26-2008, 09:53 AM | #31 | |
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Just small disclaimer: I think that BMW and others would be able to keep prices down by producing cars perhaps in US itself and not shipping them from germany... just a thought. America to me is a country where labour is cheap, living standard is high, consumer goods are very cheap, real estate prices have fallen a lot, and gas is half the price it is in europe. Yet it has STILL a very solid infrastructure standing and will stand for years to come. Great place to invest, really. Just deal with the bloody life sucking pension funds and trade unions.
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12-26-2008, 11:23 AM | #32 |
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New pricing for 2009
BMW ANNOUNCES JANUARY 2009 PRICE ADJUSTMENT
Woodcliff Lake, NJ – December 22, 2008…BMW of North America, LLC announced today an average price increase of 0.7 percent for BMW vehicles sold in the U.S. effective January 1, 2009. This action is driven by the ongoing structural and economical changes in the market place. It will ensure revenue generation for the company’s U.S. operations and help to protect the quality of business. Pricing for the new Advanced Diesel vehicles remain unchanged. The all new 335d and X5 xDrive35d were launched recently and have begun arriving at BMW Centers this month. In addition, BMW announced pricing for the new 2009 7 Series that debuted recently at the Los Angeles International Auto Show. The base price for the 750i is $81,125 and the 750Li is 85,025 (including $825 for destination and handling). Both models began production in November and will arrive at BMW Centers in the spring. See attached for new BMW pricing for model year 2009 vehicles. New prices for 3-series: 2009 3 Series 328i Coupe $36,500 $825 $37,325 2009 328i xDrive Coupe $38,400 $825 $39,225 2009 335i Coupe $42,200 $825 $43,025 2009 335i xDrive Coupe $44,100 $825 $44,925 2009 M3 Coupe $57,850 $825 $58,675 2009 328i Sedan $33,600 $825 $34,425 2009 328i xDrive Sedan $35,600 $825 $36,425 2009 335d Sedan $43,900 $825 $44,725 2009 335i Sedan $40,300 $825 $41,125 2009 335i xDrive Sedan $42,300 $825 $43,125 2009 M3 Sedan $54,850 $825 $55,675 2009 328i Sports Wagon $35,400 $825 $36,225 2009 328i xDrive Sports Wagon $37,400 $825 $38,225 2009 328i Convertible $44,550 $825 $45,375 2009 335i Convertible $50,700 $825 $51,525 2009 M3 Convertible $66,500 $825 $67,325
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12-26-2008, 01:24 PM | #33 | |
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I'm not whinning....
The fact that all auto makers are not selling any cars period (in the USA)...they should discount them to attract buyers a 335 is not "Cheap" here...you make it sound like everyone here drives a 335 like a toyota camry its a different market Quote:
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12-26-2008, 02:09 PM | #34 |
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Funny, in this economy they raise the price of the 335i's by $825 but then offer .9% financing and lease rates to get more sales.
Seems kind of retarded to me. Holding the price for 2009 would of seemed much more desirable and would of given people even more reason to consider getting a 2009. As with pretty much everything in this economy, prices need to stay the same or go DOWN to increase sales, not up. |
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12-26-2008, 02:16 PM | #35 |
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Euro is getting stronger. US pay less for cars already compared the EU/UK. I bet the prices should have gone up more than they have but BMW will absorb as much as they can. Their margin will be hit but they are already producing 30% less cars due to less demand. In recession margin is king. Less cars sold means you need more profit per unit.
Get used to price increases. The economy is shit all round the world but it doesn't stop costs going up for manufacturers of all goods. |
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12-26-2008, 02:52 PM | #36 | |
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12-26-2008, 04:24 PM | #37 |
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they always do this
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12-27-2008, 08:51 AM | #38 | |
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Our labor is not cheaper than anywhere in the world. Our gas prices are lower due to the fact that the US actually does pump its own oil yet chooses to import from OPEC probaly to suck everyone else dry and then resell our oil to everyone else at higher prices (just my theory). I dont hear you complaining about gas prices being exremely cheap in the middle east or in Venezuala. Remember one thing friend about the US economy and this is a medifore....."when the US sneezes the entire world catches a cold". This is now a global economy. We do not blame one another for any crisis because all investments are now coming from around the world and everyone knows the risks involved. Sorry just needed to vent |
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12-27-2008, 08:55 AM | #39 | |
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12-27-2008, 10:38 AM | #40 |
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anyone know if this affects the military pricing?
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12-27-2008, 06:11 PM | #41 |
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FX rate increasing BMW profits yet prices go UP???
think the new BMWNA president is getting too anxious to make a name for himself.......with a stronger dollar (ie. weaker Euro), BMW is now getting back more Euros for the same US$70K M3 or say US$45K 3 series, but the exchange rate boom is not enough for BMW,....let's ALSO increase prices......
I understand the S Carolina plant dynamic but frankly 3 series is BMW's bread and butter and they are all imported in US...so BMW needs to get a bit less greedy when the overall economy is in the shit can...... |
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12-27-2008, 06:51 PM | #42 |
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I'm sooooo glad I bought my 2006 BMW 330i for under $45,000 including ZPP, ZSP and Navi, and that the car is just 22K miles old and running so well. Looks like a bargain now!
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12-27-2008, 07:35 PM | #43 | |
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12-28-2008, 07:44 AM | #44 |
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You all are missing the point here about complaining that BMW keeps raising prices. BMW is trying to DECREASE its sales/lease numbers, yes that is right decrease.
BMW in the past had subsidized cars and priced them low(er) to achieve economies of scale in order to make producing the cars cheaper. Early last year they realized the flaw in this mentality... by having SO MANY cars on the road it increases the supply of used vehicles, thus decreasing the used values and killing residuals. BMW is trying to get back to a supply/demand equilibrium. Also by increasing new car pricing used cars begin to look like better options and demand rises once again driving up prices and thus residuals. BMW as a whole no longer needs to sell as many cars to achieve economies of scale. They have signed purchasing agreements with other EU brands and combined forces to get parts on the cheap. Unlike the Big 3 BMW has the ability to idle its plants, let go of some workers all without fear of the unions as economic downturn items are included in the agreements. (What the US unions don't get is that if a company goes belly up all those workers lose jobs not just those cut to streamline the company.) I grew up in a union house and know how it works; I still think it is not in anyones best interest at times. People also need to stop comparing prices in the US to those in other countries, you can not do a dollar to euro (or whatever) conversion that is not how economics works. Even though the dollar is worth "less" than the Euro the dollar has significantly more purchasing power, the dollar goes a lot further. The easiest way to understand this is the Big Mac Index by the Economist I can by a Coke here for $1.25 per liter - In Germany I can buy a Coke for 2 Euro for a .5L, we get more bang for the buck it is that simple. BMWs 3 series sedans sold in the US are made in South Africa unless otherwise specified, this includes both engines so for the vast majority of cars sold here BMW is naturally hedged. They know what they are doing and have already hunkered down to weather this storm. The systematic price increases are there to help the brand, if it prices people out, then maybe they should not have been shopping a BMW to begin with b/c if $300 is going to break a deal then there is an issue. Best of luck!
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