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BMW recently announced a price hike averaging 2 percent across all products under the BMW and Mini brands, effective from April 1, 2017.

Though 2 percent may sound tiny, here is how much of a difference it will make. The price of BMW cars in India ranges between ₹31 lakh and ₹2.16 crore, so the hike in price would shoot these figures up by an additional ₹62,000 to ₹4.32 lakh. When asked to shed light on the hike, Vikram Pawah, president, BMW Group India said, "In today’s economic condition, to maintain our exceptional brand positioning and continue offering a distinct value proposition to our premium clientele, we have decided to marginally revise the prices of the BMW and Mini products."

Mini sells three cars in its India line-up - their prices range from ₹25.60 lakh to ₹37.90 lakh (ex-showroom, Delhi) and the hike will take prices up by ₹51,200 to ₹75,800.

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