Tags >> X5
Nov 17

BMW Dominates 2011 Kelley Blue Book's kbb.com Best Resale Value Awards

Ty Whiting Posted by: Ty Whiting in Latest |
Tagged in: X6 , X5 , KBB.com , KBB , Diesel , BMW , Best Resale Value

 

In addition, the BMW X5 and BMW X6 Sports Activity Vehicles each won places on the KBB.com 2011 model year list of Top 10 Models for Best Resale Value, and the X5 xDrive35d Advanced Diesel was chosen as Best Resale Value for Hybrid / Alternative Energy Utility Vehicle. Not stopping there, the BMW X5 also won the 2011 Best Resale Value award in the Luxury Utility Vehicle category.
 
X6 and X5
*European models shown.
“At BMW, we believe our vehicles’ strong resale value is a result not only of the innovation, engineering and design aesthetics built into each one of our cars, but also the quality of the BMW ownership experience in total,” said Peter Miles, BMW of North America’s Executive Vice President of Operations. Miles accepted the awards for BMW on the eve of the 2010 Los Angeles International Auto Show, saying, “BMW vehicles serve as industry benchmarks when new then strongly influence the used-car market as they go on to satisfy additional owners. BMW resale value proves that.”
 
“Consumers should take a good look at the projected resale value of a car when choosing their next new-vehicle purchase, and they would be wise to carefully consider the 2011 Best Resale Value Award winning vehicles and brands on this year’s list,” said James Bell, executive market analyst for Kelley Blue Book’s kbb.com “Taking the time to research and choose vehicle makes, models and options wisely now can help new-car shoppers hold value down the road when they go to sell or trade-in the vehicle.”
 
Kelley Blue Book’s Best Resale Value Awards are based on projections from the Kelley Blue Book® Official Residual Value Guide, determined by an expert staff of automotive analysts.  These prestigious awards honor vehicles expected to maintain the greatest proportion of their original list price after five years of ownership.  Low-volume vehicles and vehicles with a Manufacturer’s Suggested Retail Price of more than $60,000 are excluded from award consideration, except in the luxury and high-performance categories.


*European model shown

Mar 31

Tune in for BMW's Netcast from NY Autoshow

Ty Whiting Posted by: Ty Whiting in Latest |
Tagged in: X5 , press conference , NY Autoshow , Classic BMW , broadcast , BMW , autoshow , 550i , 535i , 335is

Live Webcast of BMW News Conference from the New York International Auto Show.

29.03.2010 Press Release

BMW invites you to view its New York Auto Show News Conference live via the web on Wednesday, March 31st at 3:05 p.m. EDT.

Join Jim O’Donnell, President of BMW North America, LLC and Jack Pitney, Vice President of BMW Marketing and Product Strategy as they deliver the News Conference live from the Javits Center. They will share an overview of the business, including BMW’s renewed focus on its core models.

This will be the North American premiere of the new BMW 5 Series, 335is Coupe and Convertible and the newly updated BMW X5.

Tune in here for the BMW Press Conference.

Mar 24

The New X5 is Coming Soon

Ty Whiting Posted by: Ty Whiting in Latest |
Tagged in: X5 , LCI , Classic BMW , BMW , 2011

Spartanburg, S.C. – March 23, 2010…  More dynamic, efficient, and luxurious than ever, the new BMW X5 continues to strengthen its leading position within the four-wheel drive, premium vehicle segment.

The new BMW X5 has a fresh new look and features new engines, drive trains, and thousands of new parts.  The associates at BMW Manufacturing have been planning the launch of this new model for over 18 months, which involves nearly 4,000 new parts.

 


Since launching the original BMW X5 in 1999, this new model X5, the fourth generation, features a completely revised range of engines, standard eight-speed automatic transmission and innovative driver assistance systems that ensure the driving pleasure of the new X5 offers even greater fascination.  The production launch of this new model occurred as a digital changeover within Plant Spartanburg, meaning that production associates learned new vehicle processes alongside existing processes and parts were seamlessly transferred into the new model X5.  This changeover took place over a single weekend, with no ramp-down of the 2010 model on March 19 and no ramp-up of the 2011 model on March 22.
“The new model X5 features exterior design changes including new front and rear bumpers, new front fenders, new headlights and new tail lights.  This adaptation significantly enhances the presence of the new X5, making it look fresher and more elegant,” said Bobby Hitt, Department Manager for Corporate Affairs, BMW Manufacturing Co. “In spite of significantly improved performance, thanks to BMW EfficientDynamics, fuel consumption and emission levels are lower by up to 10%.”
 
“One of the most significant changes for our plant was the introduction of a completely new range of gasoline and diesel engines. Almost every new X5 is equipped with an eight-speed automatic transmission as standard.  Further, each new drive train offers a new transfer case, new front and rear differentials, and new drive shafts,” states Craig Westbrook, BMW Manufacturing’s Project Manager for the New Model X5.

With the addition of BMW ConnectedDrive and new driver assistance systems, several new safety features come standard on the new BMW X5.  The Lane Departure Warning feature alerts the driver to unintentional drifting from the roadway by sending a vibration through the steering wheel.  Side View cameras integrated into the front of the car allow the driver to see traffic coming from the left or right.  Active Cruise Control with Stop & Go function ensures that the selected distance from the vehicle ahead is maintained; the system will slow the car down and even come to a complete stop – without the driver ever touching the brake pedal.

Contact your Classic BMW Client Advisor for more information regarding the exciting new X5.

 

Dec 05

BMW MODELS PRAISED FOR RESALE VALUE

Ty Whiting Posted by: Ty Whiting in Latest |
Tagged in: X5 , resale , M3 , KBB , efficient dynamics , Diesel , BMW , ALG

PRESS RELEASE:

Kelley Blue Book and ALG Announce Winners on Eve of Los Angeles Auto Show.

Woodcliff Lake, New Jersey, December 2, 2009…  The BMW X5 xDrive35d Advanced Diesel was named Best Resale Value in its class by Kelley Blue Book’s kbb.com, and the 2010 BMW M3 is one of the Top BMW announced today that it has won two Best Resale Value awards from Kelley Blue Book and a Residual Value Award from ALG. The BMW 1 Series won the ALG Residual Value Award in the Near Luxury Car category.10 cars with Best Resale Value according to Kelley Blue Book’s kbb.com.

“BMW drivers are loyal to the brand not only because of the exceptional driving experience their vehicles provide, but because of the remarkable ease of ownership afforded by BMW Ultimate Service®,” said Robert Frisch, Vice President, Western Region, BMW of North America. “Ultimate Service helps ensure BMW vehicles are serviced properly and on-schedule for the first foX5 xDrive35dur years, boosting the resale value and desirability of each BMW in the used vehicle marketplace.”

ALG determines the award winners after carefully studying the competition in each segment, historical performance, and industry trends.  Vehicle quality, production levels relative to demand, and pricing strategies are among the key factors that affect ALG’s residual value forecasts. Winning vehicles in each segment are predicted to retain the highest percentage of their original price after a conventional three-year period. Since 2007, BMW models have won five ALG Residual Value Awards.

The Kelley Blue Book Best Resale Value Awards recognize automakers' outstanding achievements in producing vehicles that best retain their value. In addition to the mainstream and luxury brands with the best projected resale values across their entire vehicle lines, awards are presented to top vehicles within 16 vehicle categories and for the overall top 10 vehicles across all categories. With these two latest honors, BMW has garnered a total of 14 Kelley Blue Book Best Resale Value Awards since the awards were established in 2003.

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