At the Australian launch of the 2024 X2 and iX2, BMW completed its goal to offer six models priced under the Luxury Car Tax (LCT) threshold. Entry-grade iX2 xDrive20 and up-spec xDrive30 variants join the iX1, iX3 and i4 Gran Coupe priced under the $89,332 LCT threshold for fuel efficient vehicles, which allows more BMW customers to take advantage of the Fringe Benefit Tax (FBT) exemption for novated leases.
Look out, Tesla Model Y, Volvo XC40 Recharge and Polestar 2, because the Germans are coming after you in the shape of an even more-sharply priced version of the BMW iX1.
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