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Luxury Car Prices Surge: BMW & Porsche Hike Costs in 2026
16 Dec
Summary
- BMW models will see price increases ranging from $400 to $1,500.
- Porsche prices are set to rise by 1.2% to 2.9% on most models.
- Trump's tariffs cost Porsche approximately $813 million in 2025.
Luxury automotive brands BMW and Porsche are set to increase prices on many of their models as 2026 begins. Beginning January 1, 2026, BMW plans price hikes ranging from $400 for entry-level SUVs to $1,500 for the X6 M Competition. However, BMW's current electric vehicle lineup, including the i4 and iX, will remain unchanged.
Porsche will also implement price increases for most of its vehicles starting January 2, 2026, with hikes expected between 1.2% and 2.9%. This decision stems from "current market conditions" and ongoing tariffs. For Porsche, President Trump's tariffs have already resulted in an estimated $813 million cost in 2025.
These adjustments mark multiple price increases for both automakers in recent months. The rising costs reflect broader economic pressures, including inflation and trade policies, impacting the automotive sector significantly. Consumers looking to purchase these luxury vehicles should anticipate higher price tags heading into the new year.
