If you’re in the market for a new BMW, you might want to pull the trigger on that purchase before the end of the month. As though new cars aren’t expensive enough already, BMW just sent a bulletin to all U.S. dealers telling them to raise the prices on most gas powered 2026 model year cars by 1.9% starting July 1. According to our trusted friends at Cars Direct, the bulletin that BMW sent to its dealers made no reference to Donald Trump’s nonsensical tariffs as the cause for the price increases.
Prices will not increase for 2025 models that are on dealer lots, and the upcharge will not affect the brand’s electric vehicles like the recently facelifted iX and the BMW i5. The only gas-powered cars that are exempt from the July 1 price increase are the newly redesigned 2026 2 Series Gran Coupe, the tasty and talented 2026 M2, and the already egregiously expensive Alpina XB7 three-row SUV.
BMW confirmed the price hikes
In the bulletin, BMW states that these price hikes are “in line with past pricing communications, and accounts for inflation and enhancements to standard equipment where applicable.” There are thousands of 2026 model year BMWs currently listed for sale online, so if you have your hopes set on a 2026 BMW but don’t have interest in paying more than you have to, sign on the dotted line before July 1.
The price increases aren’t particularly outrageous, ranging from $1,100 on models like a base Z4 or a base 4 Series, to a maximum of $2,500 for X5 M Competition and X6 M Competition models. The increases don’t include destination charge, and there was no mention of increasing destination fees for 2026 BMW models on July 1. Slight increases in resale prices are common for new model years, BMW previously told Automotive News that it wouldn’t raise prices on imported models until the end of June, so there may be some tariff buffer baked into this announcement but not officially.