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Government targets BMWs being shipped to China for lucrative profit

Federal prosecutors turning their attention to luxury car flippers

BMW is known for representing a luxury car brand meant for an exclusive group of drivers who live a high-end lifestyle and can afford the lofty price tag. But the question is how much are consumers really willing to spend to have the ultimate driving machine in their garage?

If you’re in the market to purchase a new BMW SUV in the U.S., you’re looking at a sticker price of about $56,000; however, if you head over to China the same vehicle is sold for a around three times that amount at a whopping $153,000.  With that significant of a difference, there is a large window for illegal arbitrage, and that is just what prosecutors are starting to see around the country.

Contributing Author

Stefanie Mosca

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