- The entry-level BMW XM has a 4.4-liter twin-turbocharged V8 churning out 644 hp and 590 lb-ft.
- The $17,500 discount is available for leasing, financing, and buying the hybrid SUV outright.
- BMW sold 1,906 XMs in the U.S. last year.
The controversial BMW XM is available with a generous new discount in the United States, reducing its price by a touch over 10%. Even still, it’s not cheap.
The XM has a starting price of $159,995 but BMW dealers are now offering it with a $17,500 lease credit. Those happy to purchase an XM outright or finance once through BMW are eligible for a $15,000 discount.
Read: BMW’s Velvety XM Mystique Allure Just Wants To Be Cuddled
Cars Direct says customers can also stack this $15,000 discount with a competitive APR deal, financing the XM at 3.99% for up to 60 months.
This isn’t the first time BMW has offered the XM at a hefty discount in the U.S. market. In November, BMW offered a $9,900 loan credit to those who financed the hybrid SUV through BMW Financial and a $9,900 credit to those who chose to buy it. The current deals expire on July 1.
The striking XM hasn’t been a huge seller for BMW. Last year, 1,906 examples were sold across the U.S. while in the first quarter of 2024, 541 units were sold.
In the United States, the XM is sold exclusively with a 4.4-liter twin-turbocharged V8 working alongside an electric motor to deliver a combined 644 hp and 590 lb-ft (800 Nm) of torque. Those seeking some additional power can opt for the XM Label Red, which turns things up another notch, churning out 738 hp and 738 lb-ft (997 Nm) of torque. BMW hasn’t publicized the sales split between the regular XM and the Label Red version.
In other markets, the XM is also sold in 50e guise. This model ditches the powerful V8 in favor of a 3.0-liter inline-six petrol with an electric motor, combining to produce 469 hp and 516 lb-ft (700 Nm).