Used BMW i8

Year

AFTER INCENTIVES

$29,800 - $56,200

ESTIMATED INCENTIVES

$1,000

TYPE

Coupe

Minimum Seats

FUEL TYPE

PHEV

ELECTRIC RANGE

13 miles

Total Range

330 miles

TIME TO CHARGE - LEVEL 2

~ 2 hr

BATTERY SIZE

6 kWh

CO2 EMISSIONS REDUCTION

13,473 lbs/yr

Trees Planted

281

Gasoline Saved

767 gal/yr

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

Compare the BMW i8 to a similar gas vehicle, the BMW M4 GTS

Miles Driven Per Year

20,000 miles

Portion Electric for PHEV

60%

Assumptions

Sales Tax7.75%

Price of Gasoline$3.385/gal

Electricity Rate$0.153/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 8/31/2021, 9:46:04 PM.

Cost to Fill Up Monthly

The BMW i8 is $123 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
BMW i8	$66	$70	$136
BMW M4 GTS	$0	$259	$259

Cost of Ownership

The BMW i8 is $27,446 cheaper to own over 5 Years

Description	BMW i8	BMW M4 GTS
Vehicle	$31,263	$48,461
Maintenance	$4,471	$6,681
Insurance	$9,232	$9,905
Electricity	$3,947	$0
Gasoline	$4,214	$15,526
Total	$53,127	$80,573

We selected the BMW M4 GTS based on its proximity to the BMW i8 based on brand, size, and price.

Up to $1,000 in tax credits and rebates are potentially available
for the BMW i8

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.

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.

Rebate

$1,000

City of Colton Used EV Rebate

Electric vehicle (EV) owners under Colton Electric service territory are eligible to receive a $1,000 rebate. Customers enrolled in the Low Income Assistance Program are eligible to receive an increase rebate of $1,500.

Rebate

Up to $500

City of Colton EV Charger Rebate

Electric vehicle drivers who install Level 2 (240-Volt AC) plug-in chargers at their residence in the service territory of Colton Electric Department are eligible for a rebate. Some stacking restrictions apply with other rebates.

Rebate

Up to $500

South Coast AQMD Resident EV Charging Incentive Pilot Program

Incentive of $250 for the cost of hardware for eligible Level 2 residential chargers. Chargers not listed on the online application may be considered for the program. An additional incentive of up to $250 will be available for low income residents. Eligible vehicles must be on the Clean Vehicle Rebate Project (CVRP) eligibility list. This rebate can only be stacked with other programs towards the cost of installation.

Charging Stations

Zipcode

Public stations
Installed by business or government

High Power Stations
DC fast charge or superchargers

Other Types of Stations
Private stations