BMW Raises 2009 Model Prices

Remember that 0.9% financing deal BMW is running that we told you about last week? Now might be a good time to buy a 2008, as prices are going up more than 2% on average for the 2009 model year. With the exception of the 3 Series, most BMWs will remain basically unchanged for the 2009 model year, making the price increase even more annoying for BMW shoppers.

The company says the high cost of raw materials is driving prices up, and most manufacturers do raise prices anywhere from 1%-3% annually on unchanged models. Because of the current deals, we felt the full list of prices — along with the fact that a revised 3 Series is included in the pricing — was worth a full post. The list of prices is below. Be warned that some option packages have changed, which can radically alter a BMW’s price. The Z4 roadster and coupe and the M4 roadster and coupe will not return for the 2009 model year. There are very solid reports that a redesigned roadster will be ready for 2010.

Comments

[2sk21]

One thing I have always wondered about BMWs: do you just pay list price or do you get to negotiate like lesser makes?

[LM]

You negotiate on all cars (sans Scions and Saturns). Whether you succeed is up to you (and the market).

[Colin]

Yep like LM said. You negotiate on all cars. My friend just got a ML350 for $10K off MSRP. Another friend got X5 for $1000 off invoice. There are plenty of room for negotiation.

[Red]

It's a gutsy move on BMW's part to raise prices like that. You can get a Hyundai Genesis for the same price as a 135i coupe, and while the two cars serve different buyers it's pretty clear which one appears to be the better value.