
The BMW i4 blends performance with electric efficiency, but is it truly affordable for daily drivers?
Cost Analysis
- Base Price: $56,000
- Performance Variant (i4 M50): $65,900
- Incentives: Federal tax credit can reduce cost by up to $7,500
- Insurance Costs: Average annual insurance for electric vehicles is around $1,200
- Maintenance Costs: Generally lower than ICE vehicles (around 30% less)
- Fuel Equivalent: Average cost per mile for EV $0.03 vs. $0.10 for ICE vehicles
Financing Options
- Lease Option: $649/month for 36 months with $4,000 down payment.
- Loan Rate: Average loan rate for electric vehicles around 5% APR.
Driving Experience
- Range: i4 offers a range of up to 300 miles on a full charge.
- Charging: Fast charge capability (80% in 31 minutes).
Price Comparison with Competitors
Model | Starting Price | Range |
---|---|---|
BMW i4 | $56,000 | 300 miles |
Tesla Model 3 | $46,990 | 267 miles |
Ford Mustang Mach-E | $43,895 | 300 miles |
Resale Value
- Typically maintains 60% value after 3 years.
- Higher demand for EVs in growing market.
Conclusion
While the BMW i4 is on the higher end of the price spectrum, its running costs, financing options, and performance make it an appealing choice for everyday drivers who prioritize sustainability without sacrificing luxury.
Mind Map Overview
BMW i4 Cost Considerations:
- Initial Purchase Price
- Incentives and Rebates
- Financing Options
- Running Costs
- Insurance Rates
- Resale Value


