BMW i8

TBD

AFTER INCENTIVES

$140,998

MSRP

$147,500

See All Costs >

ESTIMATED INCENTIVES

$6,502

See All Incentives >

Loan Payment

$2,632 / month

Down Payment

$16,078

10% of MSRP plus tax

ESTIMATED INCENTIVES

$6,502

See All Incentives >

Lease Payment

$1,898 / month

FIRST LEASE PAYMENT

$17,975

See All Costs >

Incentives For Lease

$6,502

See All Incentives >

C02 Emissions Reductions

16,610 lbs/yr

Trees Planted

346

FUEL TYPE

PHEV

ELECTRIC RANGE

18 miles

Type

Coupe

Seats

4

Total Range

320 miles

TIME TO CHARGE - LEVEL 2

~ 1 hr 35 min

BATTERY SIZE

11 kWh

Gasoline Saved

880 gal/yr


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

TBD
TBD
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Compare the BMW i8 to a similar gas vehicle, the BMW M8 Convertible

20,000 miles

60%

5 Years

$2.95


Assumptions

Results have been updated as of 1/11/2021, 10:04:00 PM.

Cost of Ownership

The BMW i8 is $8,121 more expensive to own over 5 years



DescriptionBMW i8BMW M8 Convertible
Vehicle$118,583$101,764
Maintenance$6,881$8,692
Insurance$14,208$12,886
Electricity$4,773$0
Gasoline$4,370$17,353
Total$148,816$140,695

Cost to Fill Up Monthly

The BMW i8 is $137 cheaper to fill up monthly



VehiclesElectricityGasolineTotal
BMW i8$80$73$152
BMW M8 Convertible$0$289$289

We selected the BMW M8 Convertible based on its proximity to the BMW i8 based on brand, size, and price.

Up to $6,502 in tax credits and rebates are potentially available for the BMW i8

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$5,419

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, 2020, 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.
dollar

$1,083

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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$800

PG&E Clean Fuel Rebate

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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.
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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 EV Preferred Pricing Program

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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.
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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
Private stations
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