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BMW X7 (G07) Forums General BMW X7 Forum X7 M50i Announced in Shanghai

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      04-17-2019, 04:11 PM   #1
Seanss
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Nobody may paid attention, however BMW actually announced the M50i in Shanghai International Auto Show, and also revealed the price in China (RMB ¥1,628,000). The interesting part is they haven't disclose any engine data yet. Looking forward to the U.S. release.
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      04-17-2019, 04:41 PM   #2
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      04-17-2019, 04:56 PM   #3
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So if the base model is 1,000,000 = $73,900 then that would put the M50i at approx $120,472 using the equivalent exchange.
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      04-17-2019, 05:27 PM   #4
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Cool. But, uh.... 1,628,000 Chinese Rimbi is $243,415.15 USD.

????????????
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      04-17-2019, 05:59 PM   #5
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Quote:
Originally Posted by NorCal916 View Post
So if the base model is 1,000,000 = $73,900 then that would put the M50i at approx $120,472 using the equivalent exchange.
Good guess! but I'm seeing the gap being much smaller since 1) The M50i released in China is pretty much loaded, you only have to pay extra for is larger rim and a comfort package and gesture control(that's weird), even the merino leather is standard 2) the China government charge additional tax for cars with engine size > 3.0L, and that's included in the listing price
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      04-17-2019, 06:35 PM   #6
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Quote:
Originally Posted by Wild Blue View Post
Cool. But, uh.... 1,628,000 Chinese Rimbi is $243,415.15 USD.

????????????
Yes, imported vehicles are taxed heavily in China. The tariff is up to 100% - so about $120k per X7 sale goes to taxes.
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      04-18-2019, 08:04 AM   #7
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It will have the updated v8 with 530hp.
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