BMW i3

AFTER INCENTIVES

$33,450

MSRP

$44,450

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ESTIMATED INCENTIVES

$11,000

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Loan Payment

$802 / month

Down Payment

$4,901

10% of MSRP plus tax

ESTIMATED INCENTIVES

$11,000

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Lease Payment

$460 / month

FIRST LEASE PAYMENT

$5,361

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Incentives For Lease

$11,000

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TYPE

Hatchback

Minimum Seats

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

11,853 lbs/yr

Trees Planted

247

Gasoline Saved

769 gal/yr

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

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

Purchase Method

Miles Driven Per Year

20,000 miles

Years of Ownership/Lease

5 Years

Gasoline Price ($/gal)

$2.95

Assumptions

Sales Tax10.25%

Electricity Rate$0.17/kWh

Electricity rate is calculated as a blended rate based off an average household consumption of 700 kWh. To learn more, please click here.

Results have been updated as of 1/22/2021, 10:25:26 PM.

Cost to Fill Up Monthly

The BMW i3 is $104 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
BMW i3	$85	$0	$85
BMW X1 xDrive28i	$0	$189	$189

The BMW i3 is $20 cheaper to own over 5 Years

Description	BMW i3	BMW X1 xDrive28i
Vehicle	$38,006	$40,793
Maintenance	$3,308	$6,000
Insurance	$9,253	$8,895
Electricity	$5,100	$0
Gasoline	$0	$0
Total	$55,667	$55,688

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

Up to $11,000 in tax credits and rebates are potentially available
for the BMW i3

Rebate

Up to $500

BWP Residential EV Charger Rebate

BWP residential customers who install a Level 2 EV charger are eligible for a rebate up to $500.

Discounted Electric Rate

BWP EV Time-of-Use Rate

BWP currently offers a Time-of-Use rate only to residents that own one or more BEVs or PHEVs and charge at home.

Tax Credit

$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.

Tax Credit

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.

Rebate

$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.

Rebate

$2,000

California Clean Vehicle Rebate

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.

HOV Lane

California High Occupancy Vehicle (HOV) Lane Exemption

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

Financing

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.

Charging Stations

Zipcode

Public stations
Installed by business or government

High Power Stations
DC fast charge or superchargers

Other Types of Stations
Private stations