BMW i3

AFTER INCENTIVES

$33,450

MSRP

$44,450

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ESTIMATED INCENTIVES

$11,000

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Loan Payment

$793 / month

Down Payment

$4,845

10% of MSRP plus tax

ESTIMATED INCENTIVES

$11,000

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Lease Payment

$456 / month

FIRST LEASE PAYMENT

$5,301

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Incentives For Lease

$11,000

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C02 Emissions Reductions

13,474 lbs/yr

Trees Planted

281

FUEL TYPE

BEV

ELECTRIC RANGE

153 miles

Type

Hatchback

Seats

MILES PER 30 MIN OF FAST CHARGING

~ 83 miles

TIME TO CHARGE - LEVEL 2

~ 6 hr

BATTERY SIZE

42 kWh

Gasoline Saved

714 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 Mercedes-Benz CLA250

Purchase Method

Miles Driven Per Year

20,000 miles

Years of Ownership/Lease

5 Years

Gasoline Price ($/gal)

$2.95

Assumptions

Sales Tax9.00%

Electricity Rate$0.16236/kWh

Electricity rate is calculated as the average for six months of summer off-peak and six months of winter off-peak To learn more, please click here.

Results have been updated as of 1/11/2021, 10:03:35 PM.

Cost of Ownership

The BMW i3 is $7,110 cheaper to own over 5 years

Description	BMW i3	Mercedes-Benz CLA250
Vehicle	$26,695	$26,289
Maintenance	$3,308	$5,805
Insurance	$9,253	$8,607
Electricity	$4,871	$0
Gasoline	$0	$10,536
Total	$44,127	$51,237

Cost to Fill Up Monthly

The BMW i3 is $94 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
BMW i3	$81	$0	$81
Mercedes-Benz CLA250	$0	$176	$176

We selected the Mercedes-Benz CLA250 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

$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.

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.

$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.

California High Occupancy Vehicle (HOV) Lane Exemption

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

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.

$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.

$800

PG&E Clean Fuel Rebate

PG&E provides rebates of $800 to residential customers who purchase or lease an eligible battery electric vehicle (BEV) or plug-in hybrid electric vehicle (PHEV). This rebate cannot be combined with the California Clean Fuel Reward. PG&E will be ending this program on 12/31/2020.

Silicon Valley Clean Energy Residential EV Rates

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.

PG&E Electric Vehicle Rate Plans

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.

Bay Area AQMD EV Preferred Pricing Program

Drive Clean Bay Area is partnering with Cartelligent, a Bay Area concierge car broker, to offer the EV Preferred Pricing program. Receive preferred pricing on select EVs and PHEVs if you live in the Bay Area. Limited time offer from November 11, 2020 thru December 18, 2020.

Bay Area AQMD Clean Air Vehicle Discount

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

Locate Charging Stations

Charging Stations

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Other Types of Stations
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