The priciest vehicles sold in the EU in 2019 were BMWs. The automaker placed ahead of Mercedes-Benz, another German brand, with an average price of almost 50,260 euros. Between 2015 and 2019, the only brand to experience a drop in average sale price was Fiat. In terms of global sales, Mercedes-Benz, a division of Daimler AG, was the top luxury automobile manufacturer in 2019.
Norway has the highest average car price among EU nations. Norwegian consumers paid over 17,000 euros more in 2019 than the average consumer in the EU-28. Denmark and Switzerland consumers also paid far more than most other countries. The buying power parities of these three nations are considerable.
In Europe, Mercedes-Benz had a 5.9% market share as of December 2020. This was 0.4% more than it was at the beginning of the year. Over 2020, one of the best-selling brands in Europe was Mercedes. VW was Europe’s top-selling passenger car brand in September 2020, with Mercedes-Benz coming in second.
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BMW prices in Germany lower? (Our Verdict)
On this site, we’ve written in-depth articles about a number of BMWs, their capabilities, and their features. Today, we’re going to examine the brand as a whole and provide an explanation for a query that many North American customers appear to be perplexed by. Let’s begin with a brief response:
In general, BMW models sold in the US cost 7.27% less than those sold in Germany. Due to the VAT or sales tax on new automobile sales in Germany being significantly higher (19%) than in the United States (0-7% depending on the state), BMW are more expensive in Germany.
That, however, hardly conveys the entire picture. In order to compare the retail costs of the 17 most popular BMW models in the United States to those in Germany, we first gathered a ton of data. The reason why costs might vary so much between nations will then be covered in depth. Finally, we’ll talk about the cheapest BMW available in the US and whether it’s worth looking into. Read on!
What does BMW’s US European Delivery program entail?
German automobiles are already less expensive overall in the US, and depending on the contract, the European Delivery program reduced their price for US citizens by between 5 and 10%.
Because BMW avoids BMWNA dealers and their dealership fees in this fashion, the prices of the European Delivery program are lower. BMW can give you a discount equal to the money they would typically give to the auto dealership in the US for your purchase since they save on that sum.
Contrary to popular assumption, taxes, tariffs, or anything similar are not the cause of this discount. 2.5% of the automobile’s value is the average car duty in the US, which for BMWs often amounts to between $1000 and $1500. And when you make a purchase through the ED program, the difference is far greater.
A more flexible price is an additional advantage of purchasing a BMW through the European Delivery program in the US. Due to the incredibly high demand, the majority of cars that are sold through ED are, of course, sold around the manufacturer’s suggested retail price (MSRP).
On the other hand, you can strike it fortunate during the talks if you’re looking for a BMW that you are aware has a bit lower demand than other models.
Dealerships are amenable to negotiations when you make a purchase through ED because it doesn’t affect their commission or be applied to their inventory. Find another dealer if the one you are dealing with won’t agree to a sale of an ED. They might not understand that lowering the price for you won’t cost them anything because this is merely a bonus sale for them.
The COVID 19 epidemic and growing consumer demand in BMWs made in the US led to the closure of the European Delivery program for BMWs on May 18, 2020. However, there are reports that it will continue to be back up in 2021.
The program is still available from other German automakers like Audi, Porsche, and Mercedes, and BMW may bring it back if it doesn’t want to risk losing the US market to rivals.
What is the procedure for BMW European Delivery?
BMW European Delivery enables buyers to buy a car in the United States and pick it up at the German facility. In addition to a reduced pricing (details are below) and waived charges, BMW offers factory and museum tours.
Here is how the procedure is broken down:
- Make travel arrangements to Germany once the dates are set.
- When you get there, go to the BMW Welt and meet your delivery specialist to pick up your new car.
- Visit BMW’s earliest factory on a tour, or wander through the company’s museum.
- For up to five months, drive your brand-new car around Europe (complimentary insurance lasts 2 weeks but can be extended).
- Leave your car at any of the 12 authorized drop-off locations throughout Europe.
- Accept the delivery within 6-8 weeks (for the East Coast) or 8-10 weeks at your neighborhood BMW center (for West Coast).
In-depth instructions on how to pick up your brand-new BMW in Germany are provided in this video.
How much is the least expensive BMW?
BMW is a symbol of elegance and power. Its extensive lineup covers a wide range of markets and, in certain circumstances, forges new ones. Luxury interiors and agile handling are highlighted in BMW SUVs and vehicles.
The X1 sDrive28i crossover is the least cheapest BMW, costing around $36,000. (followed closely by the 230i coupe). With a starting price of $40,000, the 228i xDrive Gran Coupe is the least costly sedan offered by BMW.
Most Expensive: The M760i sedan, which costs over $160,000, has a V-12 engine and is opulently luxurious. The X6 M Competition is a sporty BMW SUV that costs the most, at nearly $120,000.
Most Exciting to Drive: BMW M-badged vehicles place a strong emphasis on driver enjoyment, from the agile M2 to the adaptable X3 M to the svelte M8.
Best Fuel Economy: The i3 is the most petrol-efficient BMW, using zero fuel and having an all-electric range of nearly 150 miles. The all-electric BMW iX SUV and i5 sedan will soon continue where the i3 left off.
As soon as a car is released, we want to test and rank as many of them as we can. We’ll rank new models as we periodically update our rankings and we might even change the scores for some models. Vehicles with insufficient testing data, however, are not scored.
What does a BMW M5 cost in Germany?
We’ll create a new set of prices with all conversions made in US dollars in order to make this live for you. The M5 CS is listed by BMW USA with a $142,000 starting price. The German beginning price is $218,000 in US dollars, while the French price tops out at a staggering $242,000 in US dollars. Yes, you could get an M5 CS for the same price as one M5 CS in France and just a few thousand dollars away from purchasing a second M5 in America. That’s remarkable rather than just notable. And looking over the press releases for the US and European regions, we don’t notice any significant variations to explain why.
At least partially, it has nothing to do with the cost of M5s with lower specifications. The base price of the M5 in Germany is EUR91,900, or roughly $111,255. Only around $8,000 higher than the beginning price of $103,500 that is currently displayed on the BMW USA consumer website. The M5 Competition is the cheapest M5 model available in France, priced at EUR138,850, or roughly $168,000 in US dollars. Although it is undoubtedly more expensive than the M5 Competition’s $111,000 base price offered by BMW USA, the percentage difference from the CS pricing gap is still quite large.
It is true that converting currencies does not provide an entirely fair, apples-to-apples comparison. Complete accuracy isn’t necessary to raise some questions, though, when the contrasts are as stark as what we can observe here. Naturally, we contacted BMW to inquire about the pricing structure and the reasons it differs so greatly, but we have not received a response to far. If we do, we’ll definitely share what we’ve learnt with others.
Is a BMW pricey?
People favor it above other luxury brands because of its reputation for providing high-quality goods.
Because you may be able to customize a BMW to give you the experience you want, they are expensive.
People still prefer BMW above other luxury brands because, in the opinion of BMW aficionados, the work that went into making the vehicle was worthwhile.
BMWs are lighter than other vehicles because they are constructed from more expensive components like aluminum or carbon fiber.
In Germany, where can I purchase a BMW?
Through your neighborhood BMW shop, you place an order to begin the European Delivery process. You will get a confirmation email two days after the order is placed. You ought to get a welcome package from BMW outlining the journey in less than two weeks.
The last step is to pay at the BMW center. You will confirm the European Delivery Purchase Order with your Client Advisor about 45 days prior to your departure. The payments are completed two weeks before to your departure, and you are prepared to fly.
Through the European Delivery program, BMW lease and credit discounts are still available, but the maximum stay in Europe for a car is now three instead of five months.
The following models are not included in the program: i3, X3, X4, X5, and X6. Not all models are accessible for the European delivery program.
A current passport and driver’s license are required when picking up your new car.
Is maintaining a BMW expensive?
Remove the Band-Aid now. Every 10,000 miles, BMW owners may anticipate paying between $150 and $400 per service. A significant service may cost up to $3,000 or more. In the end, owners spend more on maintenance and repairs than most brands, between $1,000 and $1,700 annually.
You may always purchase an extended warranty, either directly from BMW or through a third-party service contract, if you’re concerned about future ownership costs. Standard BMW maintenance expenditures are not covered by a car warranty, but it will cover pricey items that are more prone to break over time.
We’ve combed the market and selected a handful of the top third-party extended vehicle warranty companies because there are many possibilities for extended coverage. These are businesses who did well in regards to things like price, standing, and customer support.
To help you reduce your out-of-pocket vehicle ownership costs, compare the best BMW extended warranty packages above.