For the probabilistic description of all the joint von Neumann measurements on a D-dimensional quantum system, we present the specific example of a context-invariant quasi hidden variable model, proved in Loubenets to exist for each Hilbert space. In this model, a quantum observable X is represented by a variety of random variables satisfying the functional condition required in quantum foundations but, in contrast to a contextual model, each of these random variables equivalently models X under all joint von Neumann measurements, (...) regardless of their contexts. This, in particular, implies the specific local qHV model for an N-qudit state and allows us to derive the new exact upper bound on the maximal violation of 2\2-setting Bell-type inequalities of any type under N-partite joint von Neumann measurements on an N-qudit state. For d = 2, this new upper bound coincides with the maximal violation by an N-qubit state of the Mermin–Klyshko inequality. Based on our results, we discuss the conceptual and mathematical advantages of context-invariant and local qHV modelling. (shrink)