BMW India to increase prices by up to 2% from January 1, 2024.

The rising input costs and fluctuations in exchange rates are among the major reasons for the price hike.

BMW India has announced a price increase of up to 2% across the BMW model range. The new prices will be effective from 01 January 2024 onwards.

Mr. Vikram Pawah, President of BMW Group India, said, “BMW India’s decision to implement a price increase across the model range is a thoughtful response to a confluence of factors. In the face of evolving dynamics, fluctuations in exchange rates and rising input costs, this price adjustment will sustain the crucial balance that allows us to consistently deliver the high standards and power-packed experience our customers associate with BMW vehicles.”

The range of locally produced cars includes the BMW 2 Series Gran Coupe, BMW 3 Series Gran Limousine, BMW M 340i, BMW 5 Series, BMW 6 Series, BMW 7 Series, BMW X1, BMW X3, BMW X5, BMW X7 and MINI Countryman.

BMW dealerships display BMW Z4, BMW M4 Coupe, BMW X3 M40i, BMW X4 M40i, BMW M5, BMW M8 Coupe, BMW XM and the electric cars BMW iX1, BMW i4, BMW i7 and BMW iX which are available in the country as completely built-up units (CBU).

Thanks to BMW India Financial Services, customers can enjoy complete peace of mind with customized financial plans. BMW 360˚ Finance Plan includes attractive monthly instalments and rate of interest, assured buy-back options and flexible term-end opportunities among other benefits. BMW India Financial Services is also presenting exclusive offers applicable on limited units of select models.