BMW i3

Three quart view of the BMW i3

AFTER INCENTIVES

$32,450

MSRP

$44,450

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ESTIMATED INCENTIVES

$12,000

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Loan Payment

$784 / month

Down Payment

$4,789

10% of MSRP plus tax

ESTIMATED INCENTIVES

$12,000

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Lease Payment

$452 / month

FIRST LEASE PAYMENT

$5,241

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Incentives For Lease

$12,000

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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

12,312 lbs/yr

Trees Planted

257

Gasoline Saved

714 gal/yr


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

Side view of the BMW i3
Front view of the BMW i3
Trunk view of the BMW i3
Interior view of the BMW i3

Compare the BMW i3 to a similar gas vehicle, the Mercedes-Benz CLA250

20,000 miles

5 Years


Assumptions

Results have been updated as of 1/11/2021, 10:31:23 PM.

Cost to Fill Up Monthly

The BMW i3 is $99 cheaper to fill up monthly


VehiclesElectricityGasolineTotal
BMW i3$76$0$76
Mercedes-Benz CLA250$0$176$176

Cost of Ownership

The BMW i3 is $8,558 cheaper to own over 5 Years



DescriptionBMW i3Mercedes-Benz CLA250
Vehicle$25,140$25,902
Maintenance$3,308$5,805
Insurance$9,253$8,607
Electricity$4,590$0
Gasoline$0$10,536
Total$42,291$50,849


We selected the Mercedes-Benz CLA250 based on its proximity to the BMW i3 based on brand, size, and price.

Up to $12,000 in tax credits and rebates are potentially available
for the BMW i3

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, 2020, may receive a tax credit of up to $1,000.
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.
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

$1,500

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.
HOV Lane

California High Occupancy Vehicle (HOV) Lane Exemption


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

$1,000

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

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.
Discounted Electric Rate

Colton EV Rate


Colton Electric Utility will provide an additional 250 kWh’s to Tier 2 on your electric bill.
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

Charging Stations

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