BMW India will be making an upward revision of prices throughout its range April 1, 2017, onwards. The luxury carmaker has announced that prices of the BMW and MINI range will increase by an average of 2 percent.
The most affordable car in BMW's India line-up is the 1 Series, which is priced at Rs 31 lakh (ex-showroom). 2 percent revision in prices would see the 1 Series' price go up by about Rs 62,000. On the other end of the price spectrum, is the BMW i8, which can be yours at an ex-showroom price of Rs 2.14 Cr. Prices for the BMW 7 Series, which is a more mainstream model compared to the i8 and the performance cars under the M brand, start at Rs 1.14 Cr for the 730Ld. The top-of-the-line version – the 750Li M Sport – costs Rs 1.59 Cr (both prices ex-showroom Delhi). April 1 onwards, the prices of the 730Ld should go up by about Rs 2.28 lakh.
MINI's India range includes the MINI 3-door and 5-door, the Convertible, the Countryman and the Clubman. The price range starts at Rs 28.5 lakh and goes up to Rs 38.5 lakh. So, an increase in price for various MINI models should range from Rs 57,000 to Rs 77,000.
BMW has not stated the reason for the price hike. However, the carmaker didn't increase the prices of its products in January 2017, when most other carmakers did, citing increased input costs as one of the primary reasons. BMW has a plant in Chennai where the carmaker produces the 1 Series, the 3 Series, the 3 Series Gran Turismo, the 5 Series, the 7 Series, the X1, the X3 and the X5. The company imports the BMW 6 Series Gran Coupe, the X6, the Z4, the entire M range including the BMW X5 M and the BMW X6 M, and the BMW i8 into India in the built-up form.
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