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How Much Is a BMW X3?

Catherine by Catherine
03/06/2024
in BMW Series, car news
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The BMW X3, a prominent member of BMW’s luxury compact SUV lineup, has earned a reputation for blending performance, comfort, and style. Introduced in 2003, the X3 quickly became a favorite among those seeking the agility of a sedan with the versatility of an SUV. Positioned between the smaller X1 and the larger X5, the X3 offers a balanced combination of size and luxury, making it an ideal choice for urban commuting and long-distance travel alike. Its appeal lies in its dynamic driving experience, premium interior, and advanced technology, all hallmarks of the BMW brand.

BMW X3 Base Price Information

The base model of the BMW X3 starts at approximately $44,000. This price point includes the sDrive30i, a rear-wheel-drive variant, and the xDrive30i, which features BMW’s all-wheel-drive system. Standard features at this level encompass a 2.0-liter BMW TwinPower Turbo inline 4-cylinder engine, producing 248 horsepower, an 8-speed Sport Automatic transmission, and a suite of safety and driver assistance features such as Active Driving Assistant, which includes Blind Spot Detection, Lane Departure Warning, and more.

BMW X3 Price Range and Variants

The BMW X3 lineup offers several variants, each with distinct features and performance capabilities:

BMW X3 sDrive30i and xDrive30i:

Starting Price: $44,000 (sDrive30i) and $46,000 (xDrive30i)

Key Features: 2.0-liter turbocharged engine, 18-inch wheels, SensaTec upholstery, and a comprehensive safety suite.

BMW X3 M40i:

Starting Price: $58,000

Key Features: 3.0-liter BMW M TwinPower Turbo inline 6-cylinder engine with 382 horsepower, M Sport suspension, M Sport brakes, and 19-inch wheels.

BMW X3 xDrive30e:

Starting Price: $50,000

Key Features: Plug-in hybrid powertrain combining a 2.0-liter TwinPower Turbo engine with an electric motor, offering up to 288 horsepower and improved fuel efficiency.

BMW X3 M:

Starting Price: $74,000

Key Features: High-performance 3.0-liter BMW M TwinPower Turbo inline 6-cylinder engine with 473 horsepower (503 in the Competition model), M-specific adaptive suspension, and M Sport differential.

BMW X3 Standard Features and Packages

All BMW X3 models come with a robust set of standard features that ensure a luxurious and safe driving experience:

Exterior Features: LED headlights, power-folding heated side mirrors, and a power tailgate.

Interior Comfort: SensaTec upholstery, power front seats with driver memory, automatic climate control, and a panoramic moonroof.

Technology: BMW iDrive 7.0 system with a 10.25-inch touchscreen, Apple CarPlay and Android Auto compatibility, and a 12-speaker HiFi sound system.

Safety: Active Driving Assistant, which includes features like frontal collision warning, automatic emergency braking, and adaptive cruise control.

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Additional packages and standalone options can enhance the X3’s luxury and performance, such as:

Premium Package: Adds features like a head-up display, heated front seats, a heated steering wheel, and navigation.

Executive Package: Includes all Premium Package features plus additional amenities like Gesture Control, Parking Assistant Plus, and adaptive LED headlights.

M Sport Package: Available for non-M models, this package adds sportier aesthetics and performance features, including an aerodynamic kit and sport seats.

Financing Options

BMW offers several financing options to suit different purchasing preferences:

Traditional Financing: Customers can finance their BMW X3 through BMW Financial Services or third-party lenders. Interest rates and loan terms vary based on creditworthiness and current promotions.

Leasing: Leasing an X3 typically involves lower monthly payments compared to purchasing. Lease terms generally range from 24 to 48 months, with mileage limits and the option to buy the vehicle at the end of the lease term.

BMW Select: This option combines features of both leasing and financing. It offers lower monthly payments with a balloon payment at the end of the term, allowing for flexibility in deciding whether to keep, trade-in, or sell the vehicle.

Owner’s Choice: Available in select states, this plan is similar to BMW Select but includes mileage limits and an option to return the vehicle at the end of the term without the balloon payment obligation.

See Also:Are Bmw X3 Reliable?

BMW X3 Insurance Costs

The insurance costs for a BMW X3 can vary significantly based on factors such as the driver’s age, driving history, location, and the specific model of the X3. On average, insuring a BMW X3 costs around $1,500 to $2,000 per year. High-performance models like the X3 M might command higher premiums due to their increased power and replacement part costs.

BMW X3 Maintenance and Warranty

BMW provides comprehensive maintenance and warranty coverage for the X3, designed to keep ownership costs predictable and manageable:

Maintenance Schedule: The BMW X3 requires regular maintenance every 10,000 miles or 12 months, including oil changes, brake inspections, and tire rotations. BMW’s Condition Based Service (CBS) system monitors key components and alerts owners when maintenance is due.

BMW Ultimate Care: This no-cost maintenance program covers all scheduled maintenance for the first 3 years or 36,000 miles, whichever comes first.

Warranty Coverage: The BMW X3 comes with a 4-year/50,000-mile New Vehicle Limited Warranty, 12-year rust perforation warranty, and a 4-year/unlimited mileage Roadside Assistance plan.

BMW X3 Resale Value

The BMW X3 generally retains its value well compared to other vehicles in its class. Depreciation rates vary, but on average, an X3 loses about 50% of its value over five years. Factors that influence resale value include mileage, condition, and maintenance history. High demand for luxury SUVs and BMW’s reputation for quality and performance contribute to the X3’s strong resale value.

Comparisons BMW X3 with Competitors

When comparing the BMW X3 to its main competitors, several factors come into play, including price, performance, and features:

Audi Q5:

Price: Starting at around $44,000

Strengths: High-quality interior, smooth ride, and advanced technology.

Comparison: The X3 offers more engaging driving dynamics and a wider range of performance options.

Mercedes-Benz GLC:

Price: Starting at around $45,000

Strengths: Luxurious interior, quiet cabin, and a comfortable ride.

Comparison: The X3 provides a sportier driving experience and more powerful engine options.

Volvo XC60:

Price: Starting at around $47,000

Strengths: Scandinavian design, comprehensive safety features, and a plug-in hybrid option.

Comparison: The X3 offers a broader range of standard features and better performance, particularly in its M models.

Dealership Information

Finding a local BMW dealership is straightforward through BMW’s official website, which offers a dealer locator tool. Many dealerships provide special promotions and discounts, especially towards the end of the year or during holiday sales events. It’s advisable to check for manufacturer incentives, which can include reduced financing rates, lease deals, or cashback offers.

Conclusion

The BMW X3 stands out in the luxury compact SUV market with its combination of performance, luxury, and technology. Its diverse range of models and options ensures that there’s an X3 to suit various preferences and budgets. While its base price is competitive, additional packages and higher-end models can significantly increase the cost. However, the X3’s strong resale value, comprehensive warranty, and advanced features make it a compelling choice for those seeking a premium driving experience. When compared to its competitors, the X3 often excels in performance and driving enjoyment, reinforcing its reputation as a top contender in its class.

Related Topics:

  • How Much Is a BMW M8?
  • What Are the BMW Series?
  • What is BMW xDrive: A Full Guide
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Catherine

Catherine

I am Catherine Haggui, a distinguished Luxury Goods Specialist with over a decade of experience. As Director of Luxury Retail Strategies at a leading firm, I've cultivated a reputation for curating exclusive collections, elevating brand positioning, and exceeding sales targets. Renowned for my discerning taste and global market insights, I blend artistry and commerce to redefine luxury experiences. My work involves strategic partnerships, trend forecasting, and ensuring clients receive unparalleled access to the epitome of opulence.

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