BMW to Raise Prices Beginning Next Month

BMW is set to increase both the MSRP price and destination charge on most of their vehicles starting January 1, 2012.

The price increase will be equivalent to around 1% of MSRP, except for the 6 and 7-Series models which will remain unchanged.

BMW is raising the destination charge between $20 and $895 on most models.

Prices are expected to increase between $220 and $320 for the 3-Series and 5-Series and up to $320 for the X3 and X5.

Timing your purchase for the end of December should maximize your savings. Not only is it the best time of year to buy a new BMW, but you'll also lock in the lower prices.

Tip: Before you visit a BMW dealership, first get price quotes via email and learn which dealers are offering the best deals and the largest selection.