BMW i4 Price: A Comprehensive Guide to BMW’s Electric Gran Coupe
Electric vehicles are quickly becoming the future of automotive transportation, and BMW has stepped up to the plate with the introduction of the i4 Gran Coupe. This sleek and sophisticated electric sedan combines the best of BMW’s engineering prowess with cutting-edge EV technology, offering a compelling alternative to traditional gasoline-powered vehicles. As more consumers embrace the shift towards eco-friendly and sustainable mobility, one question remains paramount: How much is the BMW i4 price?
The 2024 BMW i4 price starts at $51,400 MSRP for the base eDrive35 trim and goes up to $68,200 MSRP for the high-performance M50 variant. Additional fees and taxes will apply, and pricing can be influenced by factors such as trim level, options, and incentives.
What is the Base BMW i4 Price?
The BMW i4 lineup caters to a wide range of preferences and budgets, with the entry-level eDrive35 serving as the most affordable option. This base trim level carries a Manufacturer’s Suggested Retail Price (MSRP) of $51,400, making it an attractive choice for those seeking an accessible entry point into the world of luxury electric vehicles.
The eDrive35 is no slouch when it comes to performance, thanks to its single rear-mounted electric motor that delivers a respectable 281 horsepower. While it may not match the blistering acceleration of its higher-trim counterparts, the eDrive35 still offers a spirited driving experience befitting the BMW badge.
One of the standout features of the eDrive35 is its impressive range. According to EPA estimates, this trim level can travel up to 260 miles on a single charge, making it well-suited for daily commutes and longer journeys alike. Additionally, the eDrive35 comes equipped with various standard features, such as LED headlights, a panoramic sunroof, and BMW’s iDrive infotainment system, ensuring a comfortable and tech-savvy driving experience.
eDrive40 and xDrive40 Pricing
For those seeking more power and range, BMW offers the eDrive40 and the newly introduced xDrive40 trim levels. The eDrive40, with a starting MSRP of $57,200, is equipped with a rear-mounted electric motor that produces a more potent 335 horsepower. This increased output translates to a 0-60 mph time of just 5.4 seconds, delivering the kind of exhilarating performance that BMW enthusiasts have come to expect.
The eDrive40 also boasts an impressive EPA-estimated range of 301 miles on a single charge, courtesy of its larger 83.4 kWh battery pack. This extended range not only reduces range anxiety but also makes the eDrive40 a more practical choice for those with longer commutes or frequent road trips.
Stepping up to the xDrive40 trim level, which starts at $60,700 MSRP, unlocks the benefits of all-wheel drive capabilities. This variant features an additional front-mounted electric motor, bringing the total system output to a robust 396 horsepower. With power being distributed to all four wheels, the xDrive40 offers improved traction and handling, making it an ideal choice for those who prioritize performance and all-weather capability.
The High-Performance i4 M50: A Pricing Breakdown
For true driving enthusiasts, the BMW i4 lineup culminates with the range-topping M50 trim level. Starting at an MSRP of $68,200, the i4 M50 promises a thrilling driving experience that lives up to BMW’s legendary performance pedigree.
At the heart of the M50 lies a dual-motor setup, with one electric motor powering each axle. This configuration generates an astonishing 536 horsepower and an equally impressive 586 lb-ft of torque, propelling the i4 M50 from 0 to 60 mph in a blistering 3.7 seconds. This level of performance rivals that of some of the most potent gasoline-powered sports cars, solidifying the i4 M50’s position as a true performance powerhouse within the electric vehicle realm.
While the M50’s performance credentials are undeniable, it does come with a trade-off in terms of range. With an EPA-estimated range of 270 miles, the M50 sacrifices some distance in favor of sheer exhilaration. However, for those who prioritize adrenaline-pumping performance over maximum range, the i4 M50 represents the pinnacle of BMW’s electric vehicle engineering.
Additional Fees and Taxes
It’s important to note that the MSRP figures mentioned above serve as a baseline for the BMW i4’s pricing. However, additional fees and taxes will be added to the final out-the-door cost, and these can vary depending on your location.
Typical additional fees include:
- Destination charge: This fee covers the cost of transporting the vehicle from the factory to the dealership.
- Registration fees: These fees are required to legally register and operate the vehicle in your state or local jurisdiction.
- State and local taxes: Depending on where you live, sales tax, excise tax, and other local taxes may apply to the purchase of the vehicle.
To get an accurate estimate of the total cost of ownership, it’s recommended to consult with your local BMW dealership. They can provide you with a comprehensive breakdown of all applicable fees and taxes, ensuring you have a clear understanding of the final out-the-door price.
Factors Influencing the BMW i4 Price
While the MSRP provides a solid baseline for the i4’s pricing, several factors can influence the final cost:
- Trim Level and Options: As discussed earlier, the i4 is available in multiple trim levels, each with its own set of features and performance characteristics. Choosing a higher trim level, such as the eDrive40, xDrive40, or M50, will naturally increase the overall price. Additionally, adding optional packages or individual options like premium paint colors, larger wheels, or interior upgrades can further drive up the cost.
- Federal and State Incentives: To encourage the adoption of electric vehicles, various federal and state incentives may be available. These can include tax credits, rebates, or other financial incentives that effectively lower the net cost of the vehicle. It’s essential to research and understand the incentives available in your area, as they can significantly impact the overall cost of ownership.
- Dealership Pricing: While the MSRP serves as a guideline, individual dealerships may offer discounts, special pricing, or promotional offers on the BMW i4. It’s always advisable to shop around and negotiate with multiple dealerships to secure the best possible deal.
Battery and Charging Options
As mentioned earlier, the BMW i4 is available with two battery options: a 68.7 kWh battery for the eDrive35 trim level and an 83.4 kWh battery for the eDrive40, xDrive40, and M50 trims. The choice of battery capacity can impact both the vehicle’s range and overall pricing.
Additionally, BMW offers various charging solutions to cater to different lifestyles and charging preferences. One popular option is the BMW Wallbox, a Level 2 home charging station that can significantly reduce charging times compared to a standard household outlet. While the Wallbox represents an additional upfront cost, it can provide long-term convenience and savings for those who primarily charge at home.
For those who frequently travel or need access to public charging infrastructure, BMW offers access to various charging networks, such as Electrify America. This can be particularly useful for longer road trips or in areas with limited home charging options. However, it’s important to factor in the potential cost of public charging sessions when considering the overall cost of ownership.
How Does the BMW i4 Price Compare to Competitors?
To better understand the value proposition of the BMW i4, it’s helpful to compare its pricing to some of its closest rivals in the luxury electric vehicle segment:
- Tesla Model 3: With a starting MSRP of $38,990, the Tesla Model 3 is more affordable than the BMW i4. However, it lacks the premium interior and brand cachet associated with BMW. Additionally, the Model 3 may not offer the same level of driving dynamics and performance as the i4, particularly in the higher trim levels.
- Polestar 2:Priced from $49,900, the Polestar 2 is a worthy competitor to the BMW i4, offering a similar driving range and performance as the i4 eDrive40. While the Polestar 2 may not carry the same brand prestige as BMW, it does offer a compelling blend of style, technology, and value in the luxury electric vehicle space.
- Audi e-tron GT: Starting at $102,400, the Audi e-tron GT is positioned at a higher price point than the BMW i4. However, this premium pricing is reflective of Audi’s renowned build quality and the e-tron GT’s higher performance capabilities. For those seeking the ultimate in luxury and performance from a German automaker, the e-tron GT may be worth the premium over the i4.
- Porsche Taycan: Another formidable competitor in the luxury EV segment is the Porsche Taycan, with prices starting at around $86,700. While more expensive than the i4, the Taycan offers the iconic Porsche driving experience and performance, along with the brand’s reputation for engineering excellence.
Long-Term Ownership Costs
When considering the purchase of any vehicle, it’s crucial to look beyond the initial purchase price and factor in the long-term ownership costs. While electric vehicles like the BMW i4 generally have lower maintenance costs due to fewer moving parts and the absence of traditional engine components, there are still several factors to consider:
- Energy Costs: Although electricity is typically less expensive than gasoline, the cost of charging the i4’s battery will contribute to the overall operating costs. These costs can vary depending on your local electricity rates and charging habits (e.g., home charging vs. public charging).
- Battery Replacement: Over time, the i4’s high-voltage battery pack may need to be replaced, which can be a significant expense. However, BMW offers an 8-year/100,000-mile warranty on the battery, providing some peace of mind during the initial ownership period.
- Maintenance and Repairs: While electric vehicles require less maintenance than their gasoline-powered counterparts, regular service and repairs may still be necessary. It’s essential to factor in these costs, as well as any potential software updates or upgrades, into your long-term ownership calculations.
- Insurance and Registration: Like any vehicle, the BMW i4 will require insurance coverage and annual registration fees. These costs can vary based on your location, driving history, and other factors.
To get an accurate estimate of the long-term ownership costs, it’s recommended to consult with your local BMW dealership or financial advisor. They can provide detailed projections based on your specific driving habits, location, and other relevant factors, helping you make an informed decision about the overall cost of owning a BMW i4.
Ending Thoughts
The BMW i4 represents a compelling entry into the luxury electric vehicle market, offering a perfect blend of performance, style, and cutting-edge technology. With its range of trim levels and pricing options, the i4 caters to a wide range of preferences and budgets, making it an attractive choice for those seeking an electrified driving experience without compromising on the BMW brand’s heritage.
Whether you’re drawn to the affordable yet capable eDrive35, the balanced performance of the eDrive40 and xDrive40, or the adrenaline-fueled thrills of the M50, the BMW i4 lineup has something to offer for every driving enthusiast. Additionally, the availability of federal and state incentives, as well as BMW’s comprehensive charging solutions, further enhance the value proposition of this electric gran coupe.
While the initial purchase price may be higher than some competitors, the BMW i4’s long-term ownership costs, combined with its premium badge and driving dynamics, make it a worthwhile investment for those seeking a luxury electric vehicle that doesn’t sacrifice the joy of driving.