BMW announces lower prices for 2011 BMW 5-Series

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There are still a lot of the 2010 BMW 5-Series cars on the dealers’ lots, and already BMW today released its pricing for theĀ  two U.S. 2011 5-Series models, which is relatively lower by as much as $1,700 than previous 2010 models. With new engines and the reduction in prices, BMW hopes that it will attract more customers to increase the sales boost it needed. Basically, the new theme at BMW dealerships is “get more for less.”

The 2011 535i starts at around $50,475 and the 2011 550i starts at $60,575, which including $875 Destination & Handling. This is relatively lower compared to 2010 BMW 5-Series at $52,125 and $61,475, respectively to 535i and 550i. The BMW 5-Series sedans are scheduled to arrive at dealerships in June, 2010.

The BMW 535i is powered by a 300-hp single turbo inline-six and the BMW 550i is powered by the new twin-turbocharged V8 producing 400 horsepower. Both BMW 5-Series models get the new 8-speed automatic transmission as standard, and a six-speed manual gearbox is also available as an option if one wants more exhilarated driving.