diff --git a/scripts/versionbump.py b/scripts/versionbump.py
index e69de29bb..ff2772114 100644
--- a/scripts/versionbump.py
+++ b/scripts/versionbump.py
@@ -0,0 +1,35 @@
+import argparse
+import os
+import re
+import subprocess
+from packaging import version
+
+def main():
+    parser = argparse.ArgumentParser(description="Bump version")
+    parser.add_argument("new_version", help="New version in x.y.z format")
+    args = parser.parse_args()
+
+    new_version = version.parse(args.new_version)
+    if not isinstance(new_version, version.Version):
+        raise ValueError("Invalid version format")
+
+    with open("aider/__init__.py", "r") as f:
+        content = f.read()
+
+    current_version = re.search(r'__version__ = "(.+?)"', content).group(1)
+    if new_version <= version.parse(current_version):
+        raise ValueError("New version must be greater than the current version")
+
+    updated_content = re.sub(r'__version__ = ".+?"', f'__version__ = "{new_version}"', content)
+
+    with open("aider/__init__.py", "w") as f:
+        f.write(updated_content)
+
+    subprocess.run(["git", "add", "aider/__init__.py"])
+    subprocess.run(["git", "commit", "-m", f"version bump to {new_version}"])
+    subprocess.run(["git", "tag", f"v{new_version}"])
+    subprocess.run(["git", "push", "origin"])
+    subprocess.run(["git", "push", "origin", f"v{new_version}"])
+
+if __name__ == "__main__":
+    main()