BMW and MINI lineup to get a price update in January 2024

KUALA LUMPUR: Come next year, Malaysian car buyers will need to shell out more for their new BMW and MINI ride. That’s right, BMW Group Malaysia, the country’s largest premium automotive exporter has announced that it would raise the prices for its models in January 2024 due to global inflation rates and rising manufacturing costs.

The prices for BMW and Mini cars in Malaysia will see an average price increase of approximately 2.3% and 0.3% respectively, the company said. This price increase is inclusive of the increased BMW and MINI Service and Repair Inclusive (BSRI/MSRI) package prices, which also become pricier effective 1st January 2024 due to maintaining best-in-segment warranty and service programmes.

There will be an overall price increase of 1 to 2% across the BMW lineup in Malaysia, excluding the BSRI (BMW Service and Repair Inclusive). Regarding the Mini portfolio, it will not see a direct price hike. However, the 2024 MSRI (MINI Service and Repair Inclusive) rate will be higher by 0.3 to 0.5%, and this adjustment will be applied to all models.

In other news, BMW Malaysia has recently opened a new dealership in Seremban 2 in association with Millennium Welt. The new outlet features the revamped Retail.Next layout with an eco-friendly design, eight service bays, Customer Consultation Stages, innovative digital sales tools, BMW Bar & Lounge and the luxurious Grand Klasse lounge. It is spanned across 173,948 sq ft with a wide display area and 8 service bays that can handle up to 50 service appointments on a daily basis.

Also read: BMW Group Malaysia rolls out exciting year-end deals