BMW i3 REX

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AFTER INCENTIVES

$37,300

MSRP

$48,300

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ESTIMATED INCENTIVES

$11,000

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Loan Payment

$862 / month

Down Payment

$5,265

10% of MSRP plus tax

ESTIMATED INCENTIVES

$11,000

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Lease Payment

$508 / month

FIRST LEASE PAYMENT

$5,773

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Incentives For Lease

$11,000

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C02 Emissions Reductions

9,644 lbs/yr

Trees Planted

201

FUEL TYPE

PHEV

ELECTRIC RANGE

126 miles

Type

Hatchback

Seats

4

Total Range

200 miles

TIME TO CHARGE - LEVEL 2

~ 6 hr

BATTERY SIZE

42 kWh

Gasoline Saved

511 gal/yr


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

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

20,000 miles

60%

5 Years

$2.95


Assumptions

Results have been updated as of 3/12/2021, 5:35:34 AM.

Cost of Ownership

The BMW i3 REX is $6,725 cheaper to own over 5 years



DescriptionBMW i3 REXBMW X1 xDrive28i
Vehicle$29,960$31,377
Maintenance$4,571$6,000
Insurance$9,438$8,895
Electricity$3,117$0
Gasoline$3,806$11,346
Total$50,893$57,618

Cost to Fill Up Monthly

The BMW i3 REX is $74 cheaper to fill up monthly



VehiclesElectricityGasolineTotal
BMW i3 REX$52$63$115
BMW X1 xDrive28i$0$189$189

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

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

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$7,500

Federal Tax Credit

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Tax credit for the purchase of a new plug-in electric drive motor vehicle. Credit amount depends on the car's battery capacity.
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Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit

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Customers who purchase qualified residential fueling equipment before December 31, 2021, may receive a tax credit of up to $1,000.
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California High Occupancy Vehicle (HOV) Lane Exemption

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Electric vehicles may use HOV lanes regardless of the number of occupants in the vehicle.
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California Clean Vehicle Assistance Program Beneficial State Foundation

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Beneficial State Bank has committed to providing loans at an 8% interest rate or lower to participants of the Clean Vehicle Assistance Program.
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$2,000

California Clean Vehicle Rebate Project

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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.
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$1,500

California Clean Fuel Reward

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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.
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Silicon Valley Clean Energy Residential EV Rates

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Silicon Valley Clean Energy (SVCE) electric vehicle rate schedules, EV-A and EV-B, mirror those of PG&E. With SVCE, you are driving on clean, carbon-free power at a lower rate.
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PG&E Electric Vehicle Rate Plans

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PG&E offers two electric vehicle rate plans for residential customers. EV2A combines your vehicle's electricity costs with those of your residence. EV-B involves the installation of another meter, which separates your vehicle's electricity costs from those of your home.
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Bay Area AQMD Clean Air Vehicle Discount

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During commute times, clean air vehicles can receive toll discounts on Bay Area Bridges.

Locate Charging Stations

Charging Stations

Public stations
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Other Types of Stations
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