How Much Does a BMW X6 Cost? (2024 Pricing Guide)

How Much Does a BMW X6 Cost?

Wondering “how much is a BMW X6?” The BMW X6 is a luxury coupe-styled SUV that blends sporty styling with premium features and performance. However, this unique mashup of design and capabilities comes at a premium price. In this comprehensive guide, we’ll uncover the pricing details for the latest BMW X6 models, along with pricing factors, used costs, and value analysis.

2024 BMW X6 Pricing and Trims

The 2024 BMW X6 lineup offers three main trim levels, each with its own pricing structure and powertrain options. Let’s break them down:

X6 xDrive40i

The X6 xDrive40i serves as the base model, with a Manufacturer’s Suggested Retail Price (MSRP) starting at $74,500. This trim is powered by a turbocharged 3.0-liter inline-six engine that produces 375 horsepower and 398 lb-ft of torque.

Standard features include:

  • 48V mild-hybrid system
  • All-wheel drive
  • 8-speed automatic transmission
  • M Sport package (aerodynamic body kit, sport suspension, etc.)
  • 20-inch wheels
  • Panoramic moonroof
  • 12.3-inch digital instrument cluster
  • 14.9-inch central touchscreen

Opting for additional options or packages can quickly increase the price. For instance, the Premium Package ($1,950) adds remote start, heated front seats, and a head-up display.

X6 M60i

Step up to the M60i, and you’ll get a significant power boost courtesy of a twin-turbocharged 4.4-liter V8 engine that cranks out 523 horsepower and 553 lb-ft of torque. The starting MSRP for this trim is $94,300.

Along with the meatier powertrain, the M60i includes:

  • M Sport Exhaust system
  • M Sport Brakes
  • 21-inch wheels (front) and 22-inch wheels (rear)
  • Harman Kardon surround sound system

X6 M Competition

At the top of the lineup is the X6 M Competition, a true performance beast with a starting price of $129,700. Its turbocharged 4.4-liter V8 pushes out a whopping 617 horsepower and 553 lb-ft of torque.

The M Competition trim level further adds:

  • Competition-tuned adaptive suspension
  • M Sport exhaust system
  • M Compound brakes
  • Active roll stabilization
  • Carbon fiber exterior trim
  • Heated front armrests and steering wheel

This ultra-high-performance variant can sprint from 0-60 mph in just 3.7 seconds.

How Much Is a Used BMW X6?

If the new pricing seems steep, you could consider a used or certified pre-owned (CPO) BMW X6 to save some money upfront. Typical pricing for a used X6 can vary significantly based on factors like:

  • Model year
  • Mileage
  • Condition
  • Trim level
  • Local market pricing

For example, a used 2020 BMW X6 xDrive40i with around 30,000 miles may cost approximately $55,000-$65,000 from a dealer. A higher mileage example could dip into the $40,000s.

CPO models provide more peace of mind as they are thoroughly inspected and come with extended warranty coverage. Expect a CPO 2020 X6 xDrive40i to start around $60,000-$70,000.

What Impacts BMW X6 Pricing?

Several key factors influence the pricing and cost of a new BMW X6. Understanding these can help you decide which model and options provide the best value.

Trim Level and Engine

As you move up the X6 trim levels, the pricing increases substantially due to the more powerful engines and additional performance features. The range spans from the $74,500 xDrive40i to the $129,700 M Competition.

Options and Packages

Like most luxury vehicles, the BMW X6 offers a vast selection of optional packages and stand-alone options that can add thousands to the bottom line. Common addons include:

  • Premium Package ($1,950) – Heated seats, head-up display, remote start
  • Parking Assistance Package ($1,700) – Surround view cameras, parking sensors
  • Dynamic Handling Package ($4,750 on M60i) – Active roll stabilization, performance brakes
  • Luxury Seating Package ($1,600) – Ventilated front seats, massage functions
  • Extended Merino Leather Upholstery ($1,000+)
  • Bowers & Wilkins Sound System ($3,400)

Dealership Markups and Incentives

The price you ultimately pay can be higher or lower than MSRP based on dealer markups or incentives. Some dealers tack on additional fees, while others offer discounts or special financing deals. Shopping around and negotiating can help rein in out-the-door costs.

Market Demand and Supply

The laws of supply and demand impact vehicle pricing across the board. If the BMW X6 is in particularly high demand with low inventory, dealers may be less motivated to negotiate. Conversely, ample supply gives buyers more leverage.

5-Year BMW X6 Pricing Overview

To provide more pricing context, let’s look at how BMW X6 pricing has changed over the past five model years:

  • 2020: $65,295 – $109,595 (excluding M models)
  • 2021: $66,395 – $110,995
  • 2022: $68,345 – $113,645
  • 2023: $71,400 – $118,700
  • 2024: $74,500 – $129,700

You’ll notice modest year-over-year price increases across the board. The X6 M Competition model saw the largest price jump from 2023 to 2024, increasing by $11,000.

Is the BMW X6 Worth the Cost?

Now for the million dollar question — is the BMW X6 worth its premium pricing? Here’s a look at the key pros and cons:

Pros:

  • Sleek, coupe-inspired styling helps it stand out
  • Strong performance capabilities, especially from M models
  • Luxurious, well-appointed cabin with premium materials
  • Cutting-edge tech and safety features

Cons:

  • Significant price premium over more practical BMW X5 SUV
  • Less cargo space and rear headroom than traditional SUVs
  • Higher starting prices than some luxury SUV competitors
  • Expensive option packages can inflate pricing rapidly

The BMW X6 is really a niche product for buyers who prioritize style and performance over maximum utility from an SUV. Its polarizing design and higher price tag won’t appeal to everyone.

If you don’t need quite as much performance or can live with a more traditional SUV shape, the BMW X5 provides similar luxury at lower starting prices. The Mercedes-Benz GLE is also a solid alternative to consider.

However, for shoppers wanting something truly unique in the luxury SUV segment, the BMW X6’s blend of coupe styling and punchy powertrain options could be quite compelling — if you’re willing to pay the higher prices.

The Cost of BMW X6 Ownership

Evaluating the long-term cost of ownership is also important before purchasing a BMW X6. Along with the premium starting prices, ongoing costs tend to be higher for this luxury model:

  • Fuel: V6 and V8 engines provide robust power at the expense of fuel economy. EPA combined ratings range from 19-24 MPG.
  • Insurance: Given the higher price points and repair costs, insurance premiums will be steeper for the X6 compared to more mainstream SUVs.
  • Maintenance: Following BMW’s recommended service schedule and using approved parts/fluids will cost you more than budget brands.

These elevated operating costs are typical for European luxury performance vehicles. If budget is a top concern, a more mainstream midsize SUV may be a better fit.

In Conclusion

So how much is a BMW X6 to buy? The pricing spans a very wide range:

  • 2024 BMW X6 xDrive40i – Starts at $74,500 MSRP
  • 2024 BMW X6 M60i – Starts at $94,300 MSRP
  • 2024 BMW X6 M Competition – Starts at $129,700 MSRP
  • Pricing can quickly escalate into the six-figure range once you start adding options and packages to the higher trims. The M Competition model, in particular, becomes exorbitantly expensive when loaded up.
  • At the end of the day, the BMW X6 caters to a very specific buyer who values a blend of sporty styling, luxurious appointments, and strong performance. For that focused audience, the X6 could be worth the premium pricing.
  • However, for shoppers simply wanting a well-equipped luxury SUV with maximum practicality, models like the BMW X5 or Mercedes-Benz GLE-Class represent better overall value propositions versus the X6.
  • Final Thoughts
  • The BMW X6 exemplifies the idea of paying extra for something unique. Its coupe-inspired design separates it from traditional luxury SUVs, though that polarizing styling does come with compromises in terms of utility.
  • If you’re smitten by the X6’s fastback roofline and are willing to pay a premium for that compelling look and impressive performance capabilities, it could be an appealing choice. Just go in with realistic expectations about cargo limitations and higher overall ownership costs.
  • For many luxury SUV shoppers, traditional models like the BMW X5 or X7 will provide better practicality and value without sacrificing the upscale amenities. Explore all your options to decide if the X6’s trade-offs are worth it for you.
  • No matter which BMW model you choose, be sure to take advantage of the latest pricing incentives and dealer inventory to score a great deal. With some negotiating skills, you may be able to offset some of the BMW’s inherently higher prices.

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