BMW USA has officially priced the 1 series and as we expected, the base 135i will come in right around $35k. Here’s are the details:

– 128i: $29,375
– 135i: $35,600

>The BMW 1 Series Coupe, which draws inspiration from the iconic BMW 2002 of some 40 years ago, will make its North American debut at the Los Angeles Auto Show. By combining sporty rear-wheel-drive dynamics, agile handling, powerful engines and seating for four, the 1 Series Coupe will reinvent the niche created by the legendary BMW 2002.

>On sale in the spring of 2008, the 1 Series Coupe will be available in two versions; the 128i and the 135i. Powered by a 3.0-liter, 230 horsepower inline 6-cyinder engine that generates 200 lb-ft of torque, the 128i Coupe will feature Valvetronic valvetrain management and aluminum/magnesium contruction-core elements of BMW’s EfficientDynamics.

>The powerful 135i Coupe features BMW’s twin-turbocharged 3.0-liter inline six-cylinder engine that produces 300 horsepower and an incredible 300 lb-ft of torque from as low as 1,400 rpm. With its direct piezo gasoline injectors, twin low-mass turbochargers and air-to-air intercooling, optimum performance and economy is achieved with no loss in engine response. For the 135i Coupe, acceleration from 0-62 mph is accomplished in 5.3 seconds and top speed is electronically limited to 155 mph. Both engines feature on-demand engine coolant pumps that improve fuel economy and reduce parasitic losses for increased output.

>Handsome looks with sporting intentions

>The new 1 Series Coupe combines unique, dynamic and unmistakable design elements with a powerful and muscular body. The greenhouse with its characteristic “Hofmeister kink” is moved rearward and offers a particularly nimble look with its long hood. The short overhangs, long wheelbase and large frameless doors sit on a body with a striking shoulder line for a modern interpretation of BMW’s characteristic look. On the 135i Coupe, an M Aerodynamic Kit is standard.

>The 1 Series boasts an aggressive rear end styling. The trunklid has an integrated spoiler chiselled into the rear end of the car to accentuate the short rear section. On the 135i, an additional lip spoiler provides greater downforce on the rear end at high speeds.

>Luxurious interior appointments with today’s technology

>The innovative interior design incorporates high-quality and sophisticated trim elements with luxurious upholstery and color choices. A 60/40 split rear seat is standard. The control console for the entertainment and air conditioning functions is integrated smoothly and harmoniously into the dashboard through its soft radii and flowing surfaces. The controller featured in the iDrive system with the optional Navigation system is integrated in the center console, again following BMW’s characteristic philosophy. Galvanized pearl gloss surfaces adorn the interior door handles, the glove compartment handle, the radio’s rotary knobs, the knobs of the automatic air conditioning system, the iDrive Controller, and the ornamental trim strips featured on the sports steering wheel.

>The BMW 1 Series Coupe is available with a choice of two upholstery options-sporty and comfortable Leatherette or rich Boston Leather. Boston Leather upholstery adds further style to the high-quality impression of the interior. And as a practical feature, map pockets are integrated in the lower part of the doors. The optional Sport Package includes sports buckets seats with enhanced side support and are finished in highly distinctive leatherette materials or Boston leather.

>Enhanced iDrive and integration of an external MP3 player

>BMW’s iDrive is included with the optional navigation system. It enables the driver to control all secondary and comfort functions such as communication, air conditioning, entertainment and navigation functions easily and conveniently.

>This latest version of iDrive is equipped with six Programmable Memory Keys that allow the driver to program functions that are used particularly often such as navigation destinations, radio stations or specific telephone numbers. Touch-sensative sensors on these buttons preview the function on the iDrive screen before the button is depressed. This allows the driver to choose the stored function safely and conveniently, keeping his or her eyes on the road in the process.

>A wide choice of audio and communication are also available, never before seen in the compact performance market. These features include SIRIUS satellite radio, HD radio, Premium Sound system and Bluetooth interface. For simple and straightforward connection of an MP3 player, an Auxiliary input jack is standard, and a USB port for direct control of an Apple iPod or iPhone media player is available as an option.

>High-tech suspension with newly-developed differential

>In typical BMW style, the new BMW 1 Series Coupe transmits the power of the engine to the rear wheels. This design concept and configuration – engine at the front, drive wheels at the rear – guarantees optimum traction, good weight distribution front-to-rear, excellent directional stability, and predictable handling.

>The new 1 Series Coupe has a sophisticated suspension system with an aluminium double-pivot front suspension and a five-link fully independent rear suspension in lightweight steel. BMW’s Dynamic Stability Control (DSC) also includes a Dynamic Traction Control (DTC) function that provides electronic intervention to prevent loss of vehicle control, but at a higher threshold before activation. Active Steering, a variable ratio steering system exclusive to BMW, is available as an option.

>M-inspired performance for the 135i Coupe

>The 135i Coupe offers more performance and a striking look thanks to M-inspired components. Features include an Aero kit for additional downforce at speed, better brake cooling and enhanced aesthetics while the Sports Suspension offers higher traction and reduced body roll with 18-inch wheels and performance tires. The Sports Suspension also includes with a high-performance brake system incorporating six-piston fixed calipers on the front and two-piston fixed calipers at the rear.

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