Read our 2026 BMW XM review for information on ratings, pricing, specs, and features, and see how this SUV performed in our testing. The 2026 BMW XM Label cuts over $25,000 from its price, adds faster charging, new colors, and remains BMW's most powerful M car at 738 hp. BMW is slashing more than $25,000 from the XM Label's price, which now begins from $159,600 MSRP.
It's still one of the most expensive vehicles made in the U.S. BMW drops the base XM for 2026 and sells only the XM Label. Starting price falls to $159,600 but incentives shrink sharply.
Power climbs to 738 hp with faster charging now standard. The BMW XM Label plug-in hybrid SUV is the most powerful BMW M model ever produced with 738 hp and 738 lb-ft torque. It features a combustion engine and a high-performance electric motor, allowing for both speed and efficiency.
Research the 2025 BMW XM with our expert reviews and ratings. Edmunds also has BMW XM pricing, MPG, specs, pictures, safety features, consumer reviews and more. The 2026 BMW XM Label will start for just $600 more than last year's base model, in one of the biggest price cuts we've ever seen on a car.
The aesthetically-challenged XM Label is now $25,400 cheaper, and we suspect that BMW decided on this price cut due to extremely poor sales in 2025. 2026 BMW XM Price and Release Date The XM is the most expensive vehicle BMW currently offers. Sitting at the very top of the lineup, the XM starts at a staggering $220,000 before options, the $2,480 destination fee, $22,325 luxury tax, and other levies and fees.
The problem here is that when something costs this much, my expectations are sky high. Read our full 2026 BMW XM review for pros, cons, pricing, and expert insights. Our editors test drive over 200 vehicles a year to help car shoppers pick the right vehicle for them.