Strong sales have caused BMW to update its earnings outlook for the year, as surprising demand for luxury vehicles has caused the market to begin to rebound.

BMW originally predicted sales to increase this year by a single-digit percentile to around 1.3 million vehicles. However, brisk sales in China and demand for its 5-Series model have caused the automaker to revise those statements, instead predicting 10 percent growth and over 1.4 million cars sold, according to BusinessWeek.

Sales of BMW vehicles rose 13 percent during the first half of the year. BMW says that its second quarter results, which it will report on August 3rd will reflect the increased demand.

BMW has gained market share in China, as the company’s vehicles proved popular. The strong surge in demand has caused BMW to ship an additional 10,000 3-Series vehicles than it initially predicted it would sell.

"It’s not just strong sales in China, it’s also the delivery of new models and the effect of cost-cutting steps," John Buckland, an analyst at MF Global UK Ltd, told the news source.

In addition, BMW announced that its redesigned 5-Series sedan was sold out in all markets worldwide.

Those who see themselves in a BMW don’t need to break the bank to do so. It might be possible to find deals on used BMW vehicles by visiting local dealers.