Photo of 2015 X5 courtesy of BMW.

Photo of 2015 X5 courtesy of BMW.

BMW of North America has raised the price of several of its 2015 model year SUVs, including the X1 and X5, from $300 to $1,000 due to inflationary pressure, the automaker has announced.

Three X1 compact SUV models including the X1 sDrive28i, X1 xDrive28i, X1 xDrive35i will see a $300 MSRP bump. The X5 sDrive35i, X5 xDrive35i and X5 XDrive35d will increase $700. The X5 XDrive50i sees the largest price increase of $1,000.

BMW is charging a destination and handling fee of $950 for all models.

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