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Chris Thompson
Journalist
31 Jan 2023
4 min read

BMW Australia has put into effect a price adjustment across many of its new cars, with popular model prices up by thousands.

The pricing adjustments, while significant, are paired with specification updates, rather than solely due to increased costs of selling new cars in Australia.

Compared to pricing in late 2022, passenger cars from the 1 Series, 2 Series, 5 Series, and 8 Series families are affected by between $2300 at the 1/2 Series end and $11,500 for cars like the M8 Competition

The Z4 sports car has also had its price adjusted by between $4300 and $6700, while M cars like the M3 and M4 are up by a few thousand dollars each.

Changes to pricing for BMW’s SUV family is limited to the X2, X3, and X4, though the electric BMW iX3 has had a notable price decrease of $10,000. 

The iX3 now costs $104,900 before on-road costs, likely making it a more tempting option for those considering a new $84,900 BMW iX1 with extra cash to drop.

A spokesperson from BMW Australia has also clarified pricing for the iX1, which was given a small price increase, with CarsGuide.

“The initial pricing for the BMW iX1 announced in October last year represented an introductory offer for our customers before the end of 2022, and orders placed before January 2023 are price protected. 

“In regard to the pricing from January production, it is still possible with a certain specification for the price of the iX1 to sit below the Fuel Efficient Car LCT threshold.”

Specification changes vary across the range, but highlights are the addition of head up displays in some variants of the 1 and 2 Series, X3 and X4, and Z4, or heated steering wheels in M models.

A full series of tables detailing current pricing  for the BMW range, including variations on prices compared to 2022, is below.

2023 BMW 1 Series pricing before on-road costs

VariantTransmissionPrice
118iAutomatic$53,900 (+$4,000)
128tiAutomatic$61,900 (+$3,000)
M135i xDriveAutomatic$75,300 (+$2,400)

2023 BMW 2 Series pricing before on-road costs

VariantTransmissionPrice
220iAutomatic$67,700 (+$3,800)
230iAutomatic$73,200 (+$2,300)
M240i xDriveAutomatic$94,900 (+$3,000)
M2 CoupeAutomatic$119,900

2023 BMW 2 Series Gran Coupe  pricing before on-road costs

VariantTransmissionPrice
218iAutomatic$61,200 (+$4,300)
220iAutomatic$64,300 (+$4,400)
M235i xDriveAutomatic$82,500 (+$2,600)

2023 BMW 3 Series pricing before on-road costs

VariantTransmissionPrice
320iAutomatic$78,900
330iAutomatic$93,400
330e - from SOP 11/22Automatic$97,400
M340i xDriveAutomatic$104,900
M3 SedanAutomatic$158,800 (+$5,300)
M3 Competition SedanAutomatic$169,100 (+$5,600)
M3 Competition Sedan M xDriveAutomatic$175,300 (+$5,800)
330i TouringAutomatic$97,400
M3 Competition Touring M xDriveAutomatic$177,500

2023 BMW 4 Series  pricing before on-road costs

VariantTransmissionPrice
420i CoupéAutomatic$75,500
430i CoupéAutomatic$96,900
M440i xDrive CoupéAutomatic$124,900
M4 CoupéAutomatic$163,900 (+$5,400)
M4 Competition CoupéAutomatic$174,300 (+$5,800)
M4 Competition Coupé M xDriveAutomatic$180,500 (+$6,000)
420i ConvertibleAutomatic$93,500
430i ConvertibleAutomatic$113,900
M440i xDrive ConvertibleAutomatic$141,900
M4 Competition Convertible M xDriveAutomatic$191,800 (+$6,300)

2023 BMW 4 Series Gran Coupe pricing before on-road costs

VariantTransmissionPrice
420i Gran CoupeAutomatic$77,900
430i Gran CoupeAutomatic$86,900
M440i xDrive Gran CoupeAutomatic$121,900
i4 eDrive40Automatic$99,900
i4 M50Automatic$129,900

2023 BMW 5 Series pricing before on-road costs

VariantTransmissionPrice
520iAutomatic$105,700 (+$3,300)
530iAutomatic$126,300 (+$3,900)
530eAutomatic$125,400
530dAutomatic$129,400 (+$4,000)
M550i xDrive PureAutomatic$152,000 (+$5,100)
M550i xDriveAutomatic$167,000 (+$5,100)
M5 CompetitionAutomatic$269,600 (+$8,700)

2023 BMW 7 Series pricing before on-road costs

VariantTransmissionPrice
740iAutomatic$268,900
i7 xDrive60Automatic$297,900

2023 BMW 8 Series pricing before on-road costs

VariantTransmissionPrice
840i CoupéAutomatic$193,900 (+$6,000)
M850i xDrive CoupéAutomatic$294,900 (+$9,000)
840i ConvertibleAutomatic$209,400 (+$6,500)
M850i xDrive ConvertibleAutomatic$303,900 (+$9,000)
M8 Competition CoupéAutomatic$374,400 (+$11,500)
840i Gran CoupéAutomatic$190,800 (+$5,900)
M850i xDrive Gran CoupéAutomatic$291,700 (+$8,800)
M8 Competition Gran CoupéAutomatic$371,400 (+$11,500)

2023 BMW X1 pricing before on-road costs

VariantTransmissionPrice
X1 sDrive18iAutomatic$53,900
X1 xDrive20iAutomatic$65,900
iX1 xDrive30Automatic$84,900 (+$2,000)

2023 BMW X2 pricing before on-road costs

VariantTransmissionPrice
X2 sDrive18iAutomatic$52,600 (+$1,600)
X2 sDrive20iAutomatic$64,300 (+$2,000)
X2 M35iAutomatic$77,900 (+$2,400)

2023 BMW X3 pricing before on-road costs

VariantTransmissionPrice
X3 sDrive20iAutomatic$81,700 (+$5,100)
X3 xDrive20dAutomatic$84,700 (+$5,100)
X3 xDrive30iAutomatic$96,500 (+$4,600)
X3 xDrive30dAutomatic$102,900 (+$4,900)
X3 xDrive30eAutomatic$110,400 (+$3,400)
X3 M40iAutomatic$125,400 (+$3,900)
iX3Automatic$104,900 (-$10,000)
X3 M CompetitionAutomatic$175,300 (+$5,800)

2023 BMW X4 pricing before on-road costs

VariantTransmissionPrice
X4 xDrive20iAutomatic$94,100 (+$5,500)
X4 xDrive30iAutomatic$104,800 (+$4,900)
X4 M40iAutomatic$133,600 (+$4,100)
X4 M CompetitionAutomatic$182,500 (+$6,000)

2023 BMW X5 pricing before on-road costs

VariantTransmissionPrice
X5 xDrive30dAutomatic$126,900
X5 xDrive40iAutomatic$130,900
X5 xDrive45eAutomatic$139,900
X5 M50i PureAutomatic$149,900
X5 M50iAutomatic$164,900
X5 M CompetitionAutomatic$227,900

2023 BMW X6 pricing before on-road costs

VariantTransmissionPrice
X6 xDrive30dAutomatic$132,900
X6 xDrive40iAutomatic$136,900
X6 M50i PureAutomatic$155,900
X6 M50iAutomatic$170,900
X6 M CompetitionAutomatic$233,900

2023 BMW X7 pricing before on-road costs

VariantTransmissionPrice
X7 xDrive40dAutomatic$166,900
X7 M60iAutomatic$197,900

2023 BMW Z4 pricing before on-road costs

VariantTransmissionPrice
Z4 sDrive20iAutomatic$97,600 (+$6,700)
Z4 M40iAutomatic$138,200 (+$4,300)

2023 BMW iX pricing before on-road costs

VariantTransmissionPrice
iX xDrive40Automatic$135,900
iX xDrive40 SportAutomatic$141,900
iX xDrive50 SportAutomatic$174,900
iX M60Automatic$222,900

2023 BMW XM pricing before on-road costs

VariantTransmissionPrice
XMAutomatic$297,900
Chris Thompson
Journalist
Racing video games, car-spotting on road trips, and helping wash the family VL Calais Turbo as a kid were all early indicators that an interest in cars would stay present in Chris’ life, but loading up his 1990 VW Golf GTI Mk2 and moving from hometown Brisbane to work in automotive publishing in Melbourne ensured cars would be a constant. With a few years as MOTOR Magazine’s first digital journalist under his belt, followed by a stint as a staff journalist for Wheels Magazine, Chris’ career already speaks to a passion for anything with four wheels, especially the 1989 Mazda MX-5 he currently owns. From spending entire weeks dissecting the dynamic abilities of sports cars to weighing up the practical options for car buyers from all walks of life, Chris’ love for writing and talking about cars means if you’ve got a motoring question, he can give you an answer.
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