# The new BMW iX3 40 variant will arrive in Australia in the formal quarter of the year priced at $89,900 (before on-road costs) That price puts it almost on par with the petrol-powered X3 SUV, and makes it cheaper than the previous-generation *robotics · news · 2026-06-01 · The Canberra Times* ## Key points - The new BMW iX3 40 will be priced at $89,900 before on-road costs in Australia. - The iX3 40 is eligible for the Fringe Benefits Tax exemption until April 1, 2027. - This price makes the iX3 40 cheaper than the previous-generation iX3 and under the Luxury Car Tax threshold. - The federal FBT exemption scheme is being wound down due to costing ten times more than forecasted. - The iX3 50 variant uses a 108kWh battery for over 800km range, compared to iX3 40's 635km. BMW beefs up its incoming electric car range with a cleverly priced variant. Subscribe now for unlimited access. or signup to continue reading EOFY SAVE 50% All articles from our website & app The digital version of Today's Paper Crosswords, Sudoku and Trivia All other in your area The new BMW iX3 40 variant will arrive in Australia in the formal quarter of the year priced at $89,900 (before on-road costs). That price puts it almost on par with the petrol-powered X3 SUV, and makes it cheaper than the previous-generation iX3 it replaces. Read more It is also $20,000 cheaper than the fully loaded iX3 50 launch variant, which is due to arrive in showrooms this month. The new 40 grade's price isn't by accident. It slips under the Luxury Car tax (LCT) threshold, which also means it is eligible for the Fringe Benefits Tax (FBT) exemption when leased through a salary sacrifice arrangement. The FBT exemption has been a key driver for electric car growth in the past 12 months. The federal government scheme has been so successful that it has been forced to wind it down as it is costing taxpayers more than 10 times what the government originally forecasted. Keen BMW buyers will need to be quick as the cheaper iX3 will no longer be eligible for the scheme from April 1 2027. 2027 BMW iX3 40 The iX3 40 comes with a single rear-mounted electric motor that makes 235kW and 500Nm. It can sprint to 10km/h in 5.9 seconds on the way to a top speed of 200km/h. It is fitted with a circa-82kWh battery that delivers a driving range of up to 635km, according to the benchmark WLTP cycle. The iX3 50 uses a massive 108kWh battery for a driving range of more than 800km, and a dual motor set-up that ups the grunt to 345kW and 645Nm. 2027 BMW iX3 40 BMW iX3 prices Variant, Price (before on-roads) iX3 40, $89,900 iX3 50 , $109,900 As it happens Breaking news alert Be the first to know when news breaks. 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Let the ACM network's editors and journalists bring you news and views from all over. Weekly Weekend Reads We've selected the best reading for your weekend. Advertisement Ad Advertisement Ad **Companies:** BMW **Countries:** Australia [Read the full story on The Canberra Times](https://www.canberratimes.com.au/story/9270054/brands-smart-move-with-new-ev/) --- Canonical: https://newsio.io/n/e7abd889-c60e-4ecf-a07a-0a803684f8f4/the-new-bmw-ix3-40-variant-will-arrive-in-australia-in-the-formal-quarter-of-the Summarized by Newsio from The Canberra Times. https://newsio.io/how-it-works