BMW 335d and X5d qualify for tax credit

Fresh of the press, BMW has just confirmed that the recently launched BMW 335d and X5d will quality for a tax credit. The 3 Series Diesel tax credit is up to $900 while the X5d up to $1,800.

With a base price of $44,725, the 335d is $3,200 higher than the regular 335i sedan, so the tax credit should help a bit. The base price of the X5 xDrive35d is $52,025.

Now let’s see if these tax credit will have an immediate impact on their sales.

Press Release after the jump

BMW of North America, LLC confirmed today that both of its BMW Advanced Diesel models with BluePerformance technology have qualified for an Internal Revenue Service Advanced Lean Burn Technology Motor Tax Credit. In choosing vehicles that will burn significantly less fuel and produce significantly fewer greenhouse gas emissions, purchasers of the 335d sedan will qualify for up to a $900 tax credit while purchasers of the X5 xDrive35d Sports Activity Vehicle® will qualify for up to a $1,800 tax credit.

“Qualification for these tax credits is further recognition of the remarkable efficiency of our new BMW Advanced Diesel models,” said Jim O’Donnell, President of BMW of North America, LLC.

Both BMW Advanced Diesel models keep the promise of the Ultimate Driving Machine® while delivering class leading fuel efficiency. With 265 horsepower and 425 lb-ft of torque available from the 3.0-liter sequential twin-turbo 3.0-liter inline six-cylinder diesel engine, the 335d is capable of accelerating from 0 – 60 mph is six seconds flat while the X5 xDrive35d will do it in just 6.9 seconds. In spite of this level of performance the 335d Sedan, the most fuel efficient BMW ever sold in the US, delivers 23 miles per gallon city and 36 miles per gallon on the highway according to the US EPA. The X5 xDrive35d is rated at 19 mpg city and 26 mpg highway. Both models are capable of traveling nearly 600 miles on a single tank of fuel.

The 335d Sedan and X5 xDrive35d Sports Activity Vehicle® are now available in BMW centers across all 50 states.

10 Responses to “BMW 335d and X5d qualify for tax credit”

my.IS - Lexus IS Forum - BMW 335d and X5d qualify for tax credit says:

February 4, 2009 at 12:17 pm

[...] BMW of North America, LLC confirmed today that both of its BMW Advanced Diesel models with BluePerformance technology have qualified for an Internal Revenue Service Advanced Lean Burn Technology Motor Tax Credit. In choosing vehicles that will burn significantly less fuel and produce significantly fewer greenhouse gas emissions, purchasers of the 335d sedan will qualify for up to a $900 tax credit while purchasers of the X5 xDrive35d Sports Activity Vehicle� will qualify for up to a $1,800 tax credit. �Qualification for these tax credits is further recognition of the remarkable efficiency of our new BMW Advanced Diesel models,� said Jim O�Donnell, President of BMW of North America, LLC. Both BMW Advanced Diesel models keep the promise of the Ultimate Driving Machine� while delivering class leading fuel efficiency. With 265 horsepower and 425 lb-ft of torque available from the 3.0-liter sequential twin-turbo 3.0-liter inline six-cylinder diesel engine, the 335d is capable of accelerating from 0 – 60 mph is six seconds flat while the X5 xDrive35d will do it in just 6.9 seconds. In spite of this level of performance the 335d Sedan, the most fuel efficient BMW ever sold in the US, delivers 23 miles per gallon city and 36 miles per gallon on the highway according to the US EPA. The X5 xDrive35d is rated at 19 mpg city and 26 mpg highway. Both models are capable of traveling nearly 600 miles on a single tank of fuel. The 335d Sedan and X5 xDrive35d Sports Activity Vehicle� are now available in BMW centers across all 50 states. BMW 335d and X5d qualify for tax credit [...]

Gragop says:

February 4, 2009 at 1:57 pm

As an Accountant, I fully endorse this post.

Gil says:

February 4, 2009 at 2:47 pm

I don’t like this “up to” language. Does it mean that possibly one can get only $1? (that would suck…)

Gragop says:

February 4, 2009 at 3:00 pm

@Gil:

Some of it will depend on your income level and the cost of the vehicle is my guess. So if you make a lot you could be phased out of taking this credit.

Bogdan Gheorghe says:

February 4, 2009 at 3:57 pm

Ok, please explain something..
In Europe BMW 335d has 285 HP. Why in US has 265hp ?

Elux Troxl says:

February 4, 2009 at 5:17 pm

Like BMW ever sold a car at base price….

Gil says:

February 4, 2009 at 7:37 pm

@ Bogdan:
The nominal HP is measured at different RPM. The UK/DE spec 335d saloon nominal output is 286 HP at 4400 RPM. The US spec 335d sedan nominal output is 265 HP at 4200 RPM.

Don’t ask me why they do this….

Bogdan Gheorghe says:

February 5, 2009 at 3:33 pm

Hmm it seems that the ansfer is that US get the lite version

“Due to e-mission restrictions, the U.S. version of the 335d will reportedly be down on power from its European cousin (265 hp and 425 lb-ft of torque vs. 282 hp and 428 lb-ft.), but even our U.S. numbers—especially the fat torque number—promise terrific performance that may well be enough convince people to make the move to diesel”

Horatiu B. says:

February 5, 2009 at 3:41 pm

@Bogdan Gheorghe: Bogdan,they use a different technology for the diesels here, due to the tight regulations in California.

Gil says:

February 5, 2009 at 3:49 pm

We always get the “lite” version in the US! Everything is “lite” version. I frequently host international students from Japan or South Korea and they come here with amazing gadgets that’ll make you drool with envy. Even their lowly USB memory stick has a nice OLED display that shows filename/size/transfer status.