Be ready to shell more for your favorite luxury cars. BMW India has announced a price hike across its range and also MINI range of cars. The price hike of 5% will be effective from 15 August 2013.
There seems to be some JOY before the price increase. BMW Financial Services, the financial arm of BMW, will offer a range of customized and convenient financing solutions to prospective BMW customers. The company will also offer a Lease for individuals and corporate customers along with insurance solutions through its cooperation partner in India.
BW currently retails the 3 Series, 5 Series, 7 Series, X1 and the X3 all assembled in India at Chennai plant. BMW dealerships also display the 6 Series Coupe & Convertible, the 6 Series Gran Coupe, the X5, X6, Z4 and the Gran Turismo. The M range is also on sale.
BMW will soon launch the 1 Series hatch in the Indian market which is expected to hit the Indian streets in September.
MINI retails three products in India MINI Hatch, MINI Convertible and MINI Countryman.