BMW i3

TBD

AFTER INCENTIVES

$29,950

MSRP

$44,450

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ESTIMATED INCENTIVES

$14,500

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Loan Payment

$785 / month

Down Payment

$4,795

10% of MSRP plus tax

ESTIMATED INCENTIVES

$14,500

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Lease Payment

$599 / month

FIRST LEASE PAYMENT

$5,394

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Incentives For Lease

$14,500

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TYPE

Hatchback

Minimum Seats

4

FUEL TYPE

BEV

ELECTRIC RANGE

153 miles

MILES PER 30 MIN OF FAST CHARGING

~ 83 miles

TIME TO CHARGE - LEVEL 2

~ 6 hr

BATTERY SIZE

42 kWh

CO2 EMISSIONS REDUCTION

11,885 lbs/yr

Trees Planted

248

Gasoline Saved

769 gal/yr


For more details including charts & calculations, please view this page on a desktop.


See the EV 101 page for detailed explanations about your EV.

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Compare the BMW i3 to a similar gas vehicle, the BMW X1 xDrive28i

20,000 miles

5 Years

$4.39


Assumptions

Results have been updated as of 10/19/2021, 9:18:21 PM.

Cost of Ownership

The BMW i3 is $23,004 cheaper to own over 5 Years

Why is the cost different?


DescriptionBMW i3BMW X1 xDrive28i
Vehicle$22,697$30,963
Maintenance$3,121$6,000
Insurance$9,004$8,655
Electricity$4,677$0
Gasoline$0$16,885
Total$39,499$62,502


We selected the BMW X1 xDrive28i based on its proximity to the BMW i3 based on brand, size, and price.


For more details including charts & calculations, please view this page on a desktop.

Up to $14,500 in tax credits and rebates are potentially available
for the BMW i3

$7,500

Federal Tax Credit


Tax credit for the purchase of a new plug-in electric drive motor vehicle. Credit amount depends on the car's battery capacity.

Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit


Customers who purchase qualified residential fueling equipment before December 31, 2021, may receive a tax credit of up to $1,000.

California High Occupancy Vehicle (HOV) Lane Exemption


Electric vehicles may use HOV lanes regardless of the number of occupants in the vehicle.

$2,000

California Clean Vehicle Rebate Project


The California Clean Vehicle Rebate Project (CVRP) offers rebates for the purchase or lease of qualified vehicles. Low income applicants are eligible for higher incentives. As of April 23, 2021, limited funding is only available for Rebate Now applicants. All other applications will be placed on a rebate waitlist. Qualified applicants on the rebate waitlist may receive a rebate if the CVRP receives funding from the State of California.

California Clean Vehicle Assistance Program Beneficial State Foundation


Beneficial State Bank has committed to providing loans at an 8% interest rate or lower to participants of the Clean Vehicle Assistance Program.

$1,500

California Clean Fuel Reward


A point-of-sale reward available to all California residents who purchase or lease of an eligible new Battery Electric (BEV) or Plug-in Hybrid (PHEV) vehicle at participating retailers.

Up to $400

Turlock Irrigation District EV Charger Rebate


TID is offering customers a $300 rebate who purchase and install a qualifying Level 2 Charger. TID customers enrolled in the CARES program will receive an additional $100 per charger.

Turlock Irrigation District DT Domestic PHEV Experimental Rate


TID is offering an experimental schedule to customers for whom Schedule DE applies. Applicants must have a currently registered PHEV or BEV and a recharging outlet on their home premises.

$500

Turlock Irrigation District EV Rebate


TID is offering customers a $500 rebate who purchase a qualifying new or used zero-emission battery electric vehicle. TID customers enrolled in the CARES program will receive an additional $700 per vehicle.

$3,000

San Joaquin Valley AQMD Drive Clean in the San Joaquin


San Joaquin Valley Air Pollution Control District (SJVAPCD) administers the Drive Clean! Rebate Program, which provides rebates for the purchase or lease of eligible new vehicles, including electric vehicles. Cannot be stacked with the Clean Vehicle Assistance Program.

Charging Stations

Charging Stations

Public stations
Installed by business or government
High Power Stations
DC fast charge or superchargers
Other Types of Stations
Private stations
BESbswy