BMW Price Increases For Vehicles Produced Starting January 2022

zzyjason · 12-04-2021, 11:53 AM

Featured on BIMMERPOST.com

App users: click on image to view full list.

Name: 2021 bmw price increase.jpg
Views: 2734
Size: 129.3 KB

pz619 · 12-04-2021, 12:40 PM

Is this… Canadian dollars? This doesn’t appear to align with US pricing.

zzyjason · 12-04-2021, 12:44 PM

Quote:

Originally Posted by pz619

Is this… Canadian dollars? This doesn't appear to align with US pricing.

i think so

SteveinArizona · 12-04-2021, 01:45 PM

Whether Canadian or US, it is interesting to me that they omitted the "e" cars.

heavyD^2 · 12-04-2021, 02:15 PM

Those are decent sized increases. Do not like.

NickyC · 12-04-2021, 03:39 PM

I'm surprised it took them this long, seeing as used car values have exploded insanely higher and MSRP really hasn't budged much.

Thanks Convid.

TAZ007 · 12-04-2021, 04:20 PM

Either the Z4 missed the cut for a price increase or was omitted from the list.

barcelona · 12-04-2021, 04:33 PM

Quote:

Originally Posted by pz619

Is this… Canadian dollars? This doesn’t appear to align with US pricing.

Yes, CAD

Biggie335 · 12-04-2021, 05:46 PM

Well they better not remove the touch screens, power seats, wireless charging etc if they plan on raising prices again. A fully optioned M340i is almost 84k CDN without HST as it is. Thats pricey - another 1500 on top while yanking options customers have ordered is a invitation to walk away from the deal.

KevinC · 12-04-2021, 05:55 PM

Hyperinflation is real, folks. And the worst of the pain is yet to come.

Limegrntaln · 12-04-2021, 06:49 PM

The cars base pricing is still cheaper than they are in the US. The M4 Competition xDrive, has an increase to $94,300 CAD, which converts to $73,393.22 (Current exchange) The US pricing is already $78,800 without a price bump.

With the Canadian Price bump, the car is still almost $5k cheaper than our current US model. Unless, this somehow, isnt Canadian Pricing, either?

zzyjason · 12-04-2021, 07:01 PM

Quote:

Originally Posted by Limegrntaln

The cars base pricing is still cheaper than they are in the US. The M4 Competition xDrive, has an increase to $94,300 CAD, which converts to $73,393.22 (Current exchange) The US pricing is already $78,800 without a price bump.

With the Canadian Price bump, the car is still almost $5k cheaper than our current US model. Unless, this somehow, isnt Canadian Pricing, either?

I actually saw a YouTube video (you can probably search that up very easily) and posted here. Somehow admin don't like that and replaced with a list 🤪

Sorry man. I have no much clue

modat · 12-04-2021, 07:16 PM

This is bullshit. I should have had my car built in 2021 but It was kicked to 2022 because of parts. It wasn't my fault the car was delayed yet now I have to pay a higher MSRP?!

wtwo3 · 12-04-2021, 09:08 PM

Quote:

Originally Posted by Limegrntaln

The cars base pricing is still cheaper than they are in the US. The M4 Competition xDrive, has an increase to $94,300 CAD, which converts to $73,393.22 (Current exchange) The US pricing is already $78,800 without a price bump.

With the Canadian Price bump, the car is still almost $5k cheaper than our current US model. Unless, this somehow, isnt Canadian Pricing, either?

Canadian household incomes are also lower than US. Comparatively it's more expensive to own a car in Canada than in the US adjusted for income.

vj123 · 12-05-2021, 07:04 AM

At least in the US market, BMW isnt offering any discounts as in the recent past and their net revenue has increased for each vehicle. For this reason, I was not expecting a price bump for all vehicles until next MY.

Sum of mid year bump and next MY bump is going to be at least 5% and its significant for a single MY.

wtwo3 · 12-05-2021, 07:14 AM

Quote:

Originally Posted by vj123

At least in the US market, BMW isnt offering any discounts as in the recent past and their net revenue has increased for each vehicle. For this reason, I was not expecting a price bump for all vehicles until next MY.

Sum of mid year bump and next MY bump is going to be at least 5% and its significant for a single MY.

But do those sales at or above MSRP benefit BMW at all? I thought all that money was being pocketed by the dealers. As much as I see this price increase by BMW as an inflationary response, I can't help but think it's partly that BMW wants a piece of the pie the dealers are enjoying right now.

vj123 · 12-05-2021, 07:25 AM

Quote:

Originally Posted by wtwo3

But do those sales at or above MSRP benefit BMW at all? I thought all that money was being pocketed by the dealers. As much as I see this price increase by BMW as an inflationary response, I can't help but think it's partly that BMW wants a piece of the pie the dealers are enjoying right now.

Any ADM above MSRP goes to the dealer.

In this MSRP bump, a major share would go to the manufacturer with a small share to the dealer. I might be wrong.

wtwo3 · 12-05-2021, 07:28 AM

Quote:

Originally Posted by vj123

Any ADM above MSRP goes to the dealer.

In this MSRP bump, a major share would go to the manufacturer with a small share to the dealer. I might be wrong.

Yeah I think we're saying the same thing. So these sales currently at above MSRP are benefiting the dealers, not BMW. This MSRP bump is BMW trying to get in on the action (in addition to responding to inflation)

vj123 · 12-05-2021, 07:47 AM

Quote:

Originally Posted by wtwo3

Yeah I think we're saying the same thing. So these sales currently at above MSRP are benefiting the dealers, not BMW. This MSRP bump is BMW trying to get in on the action (in addition to responding to inflation)

But BMW has already increased their per vehicle profit by reducing / eliminating incentives for most models in the past year or so. This mid year price bump is pure greediness to increase their revenue.

BMWCCA1 · 12-05-2021, 08:28 AM

I would not call BMW's Military Discount program "nothing". I have cars on order for customer and can offer as much a $3250 to them through that program. BMW does still offer some "APR" support programs on specific models, and their loyalty program. When you look at the last time BMW raised MSRP, it's been a long time while the price of everything else has increased enormously. I'm quite surprised that it's taken this long to see an increase. And, of course, the dealer may see a small single-digit percentage of the MSRP increase.

For those of you who think BMW is rolling in dough due to the pandemic, let me tell you my last month's sales volume is off nearly 75% from the months prior to COVID. We currently have four new BMWs in-stock and available for sale.

vj123 · 12-05-2021, 09:59 AM

Hope this thread doesnt get derailed as well!

wtwo3 · 12-05-2021, 10:03 AM

Quote:

Originally Posted by vj123

But BMW has already increased their per vehicle profit by reducing / eliminating incentives for most models in the past year or so. This mid year price bump is pure greediness to increase their revenue.

That's true I hadn't considered the reduction in incentives.

12-04-2021, 11:53 AM	#1
zzyjason Private First Class 115 Rep 126 Posts Drives: G42 Join Date: Oct 2021 Location: Texas, US iTrader: (0)	BMW Price Increases For Vehicles Produced Starting January 2022 Featured on BIMMERPOST.com App users: click on image to view full list.
	Appreciate 0 Tweet Quote

12-04-2021, 12:40 PM	#2
pz619 Brigadier General 3277 Rep 3,255 Posts Drives: F87 M2C 6MT, Tesla 3 Join Date: Oct 2013 Location: San Diego iTrader: (1)	Is this… Canadian dollars? This doesn’t appear to align with US pricing.
	Appreciate 2 Limegrntaln13404.50 Germanauto9698.00 Quote

12-04-2021, 01:45 PM	#4
SteveinArizona Brigadier General 3086 Rep 4,210 Posts Drives: BMW 530e Join Date: Jul 2016 Location: Greater Phoenix iTrader: (0)	Whether Canadian or US, it is interesting to me that they omitted the "e" cars.
	Appreciate 2 fiveohwblow3633.00 houbmw65.50 Quote

12-04-2021, 02:15 PM	#5
heavyD^2 Colonel 3689 Rep 2,956 Posts Drives: X3M Competition Join Date: Apr 2018 Location: Too close to Santa iTrader: (0)	Those are decent sized increases. Do not like.
	Appreciate 1 Limegrntaln13404.50 Quote

12-04-2021, 03:39 PM	#6
NickyC Lieutenant General 17439 Rep 10,645 Posts Drives: M4 CS. Former G82, x2 F82, F80 Join Date: Nov 2010 Location: Jacked out of my mind iTrader: (23)	I'm surprised it took them this long, seeing as used car values have exploded insanely higher and MSRP really hasn't budged much. Thanks Convid.
	Appreciate 1 fiveohwblow3633.00 Quote

12-04-2021, 04:20 PM	#7
TAZ007 Colonel 1845 Rep 2,760 Posts Drives: 2021 Z4 M40 Join Date: May 2021 Location: Texas iTrader: (0) Garage List 2021 Z4 M40 [5.00]	Either the Z4 missed the cut for a price increase or was omitted from the list.
	Appreciate 1 Westside Guy5657.00 Quote

12-04-2021, 05:46 PM	#9
Biggie335 BMW Power 104 Rep 168 Posts Drives: 2023 M340i XDrive Join Date: Jun 2013 Location: GTA iTrader: (0)	Well they better not remove the touch screens, power seats, wireless charging etc if they plan on raising prices again. A fully optioned M340i is almost 84k CDN without HST as it is. Thats pricey - another 1500 on top while yanking options customers have ordered is a invitation to walk away from the deal.
	Appreciate 0 Quote

12-04-2021, 05:55 PM	#10
KevinC your average JAMF 3088 Rep 4,090 Posts Drives: '21 M2 Comp, '19 Golf R Join Date: Oct 2005 Location: Cochise County, AZ iTrader: (0) Garage List 2019 VW Golf R [0.00] 2021 BMW M2 Competi ... [0.00]	Hyperinflation is real, folks. And the worst of the pain is yet to come. __________________ '21 M2 Comp '19 Golf R
	Appreciate 4 NickyC17439.00 ZL9M2359.50 ried791.50 Cos270608.50 Quote

12-04-2021, 06:49 PM	#11
Limegrntaln Major General 13405 Rep 6,932 Posts Drives: 2022 DG/BLk xDrive M4C Wk 34 Join Date: Mar 2008 Location: Sacramento Area iTrader: (3) Garage List 2022 G82 M4 Competi ... [9.23]	The cars base pricing is still cheaper than they are in the US. The M4 Competition xDrive, has an increase to $94,300 CAD, which converts to $73,393.22 (Current exchange) The US pricing is already $78,800 without a price bump. With the Canadian Price bump, the car is still almost $5k cheaper than our current US model. Unless, this somehow, isnt Canadian Pricing, either? __________________ 2022 DravitGrau /Black Full Merino M4 Competition M xDrive / Production Week 34/ Delivered 10/19/21/ IG: dravit_m4_comp YT: G Dubyou
	Appreciate 0 Quote

12-04-2021, 07:16 PM	#13
modat Lieutenant Colonel 2463 Rep 1,738 Posts Drives: 2022 IOMG M3 Xdrive Join Date: Feb 2014 Location: NJ iTrader: (0)	This is bullshit. I should have had my car built in 2021 but It was kicked to 2022 because of parts. It wasn't my fault the car was delayed yet now I have to pay a higher MSRP?!
	Appreciate 0 Quote

12-05-2021, 07:04 AM	#15
vj123 Brigadier General 3786 Rep 3,624 Posts Drives: 2022 M3c - sold Join Date: Mar 2015 Location: The Detroit iTrader: (0)	At least in the US market, BMW isnt offering any discounts as in the recent past and their net revenue has increased for each vehicle. For this reason, I was not expecting a price bump for all vehicles until next MY. Sum of mid year bump and next MY bump is going to be at least 5% and its significant for a single MY.
	Appreciate 0 Quote

12-05-2021, 08:28 AM	#20
BMWCCA1 BMW Owner Since 1971 2246 Rep 1,403 Posts Drives: 1964 700 Sport Cabriolet Join Date: Apr 2014 Location: Central Virginia iTrader: (2) Garage List 2013 BMW 128i [10.00]	I would not call BMW's Military Discount program "nothing". I have cars on order for customer and can offer as much a $3250 to them through that program. BMW does still offer some "APR" support programs on specific models, and their loyalty program. When you look at the last time BMW raised MSRP, it's been a long time while the price of everything else has increased enormously. I'm quite surprised that it's taken this long to see an increase. And, of course, the dealer may see a small single-digit percentage of the MSRP increase. For those of you who think BMW is rolling in dough due to the pandemic, let me tell you my last month's sales volume is off nearly 75% from the months prior to COVID. We currently have four new BMWs in-stock and available for sale.
	Appreciate 0 Quote

12-05-2021, 09:59 AM	#21
vj123 Brigadier General 3786 Rep 3,624 Posts Drives: 2022 M3c - sold Join Date: Mar 2015 Location: The Detroit iTrader: (0)	Hope this thread doesnt get derailed as well!
	Appreciate 0 Quote