What is the true cost of a car? Depends on a variety of factors, from manufacturing incentives to Federal tax credits. Last week we reported that the BMW i3 would cost around $34,500, though we hadn’t established whether that would be before Federal tax incentives or after. Well we have our answer, and the BMW i3 will actually cost $42,275 including the $925 destination. That’s…not cheap.
That is the price of the all-electric version of the BMW i3, which is said to hit U.S. stores around January of 2014. BMW will also offer a plug-in hybrid version with a gas generator on board for another $2,000 or so, putting it just under the $45,000 mark. At that price, the $39,990 Chevy Volt looks cheap. Then again the BMW i3 is said to have an operating range of 124 miles per charge, with 168 horsepower on tap – which isn’t too shabby. Remember, too, this is a BMW we’re talking about – and the buzz surrounding the i3 is that it is a good BMW. It should be a fun to drive and well-built car, that also happens to be an EV, so a premium price tag is somewhat expected for this premium offering.
And, really, when was the last time that the price gap between a Chevy and a BMW was just $5000?
When the i3 debuts “for real”, BMW will make a DC fast-charge option that will deliver an 80% charge in just 20 minutes available to i3 customers, though the cost of that option also remains a mystery. Suffice to say though, it sounds like you could easily price the BMW i3 close to $50,000, with only the barest of bare bones models coming in under that $34,500 number we quoted last week.
Still, for that kind of cash, why not just step up to the Tesla Model S? I know I would.
Source: BMW USA.