Wednesday, December 24, 2008

BMW announces pricing for 2009 7 Series, raises prices on everything else

BMW  2009 7 Series

The latest iteration of BMW's all-singing, all-dancing plutocrat limo will roll out the door starting at $81,125. That sum will get buyers the 2009 750i (including $825 for destination charges), but those who are looking for a bit more legroom in back will have to pay $85,025 for the 750Li. Production for these models began last month, but don't expect to see them on the forecourts of your local BMW Center until later this spring.

The rest of the BMW lineup is also getting a nudge on pricing, with the average MSRP climbing by 0.7 percent. All pricing increases are effective January 1, 2009; so if you're planning on gifting yourself a M5 or X6 for the holidays, make sure you do so before New Year's.

[Source: BMW]

PRESS RELEASE

BMW ANNOUNCES JANUARY 2009 PRICE ADJUSTMENT
12/22/2008

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.

BMW Group in America

BMW of North America, LLC has been present in the United States since 1975. Rolls-Royce Motor Cars NA, LLC began distributing vehicles in 2003. The BMW Group in the United States has grown to include marketing, sales, and financial service organizations for the BMW brand of motor vehicles, including motorcycles, the MINI brand, and the Rolls-Royce brand of Motor Cars; DesignworksUSA, an industrial design firm in California; a technology office in Silicon Valley and various other operations throughout the country. BMW Manufacturing Co., LLC in South Carolina is part of BMW Group's global manufacturing network and is the exclusive manufacturing plant for all Z4 models, X5 Sports Activity Vehicles and X6 Sports Activity Coupes. The BMW Group sales organization is represented in the U.S. through networks of 338 BMW passenger car centers, 335 BMW Sports Activity Vehicle centers, 142 BMW motorcycle retailers, 82 MINI passenger car dealers, and 30 Rolls-Royce Motor Car dealers. BMW (US) Holding Corp., the BMW Group's sales headquarters for North, Central and South America, is located in Woodcliff Lake, New Jersey.

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