Dec 23rd, 2008 by RJ Menezes
BMW AG has announced that they will be increasing the price of all their U.S. models starting January 1st, expect for the newly released diesels. A price increase of 0.7% will be implemented across the board in an attempt to “ensure revenue generation for the company’s U.S. operations and help to protect the quality of business.” according to a statement released by the company.
The company also stated its main reason for the price increase loud and clear. “This action is driven by the ongoing structural and economical changes in the marketplace,” BMW said in the statement.
One model that’s get way more than a 0.7% increase is the 7-Series. That model’s price increases significantly. A 2009 BMW 750i will cost you $3,500 more than the 2008 model. The 2009 BMW 750Li on the other hand, increases $4,300 in price over its outgoing predecessors. To get into a 7-series you now gotta bring over 80 grand to the table. The 750i’s new 400hp twin-turbo V8 engine should make you feel a little bit better about it though.
Source: Inside Line
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