Fraser - if that was the case then we should be still seeing 15 - 25% more value in our X5's as the Aussie has appreciated against the Euro over the last few years ... a price hike just doesnt make sense and I suspect its pure price gouging by the dealerships to offset changes in competitive landscape and increase profits for the mothership that has suffered temporarily due to GFC ... I would have expected prices to either hold ground or increase by a few % + all the goodies thrown in to represent additional value in line with increase in value of Aus $$ .... the price increases could be a bad move for BMW Aus as Audi. Merc and Porsche etc start to introduce new alternatives that will take some market share away... perhaps they just don't care ?
In some ways it will continue to keep the X5 a bit more exclusive - and hold up the value of the secondhand market for a while longer