Report: BMW i3 to be Priced at $34,500*; Range Extender to Cost Only $2,000 Extra

4 years ago by Eric Loveday 17

BMW i3

BMW i3

Autoblog’s European correspondent (typically considered to be a position with close ties to Europe’s automakers) is reporting that the BMW i3 will have a base price of right around $34,500 when it launches in the US in January 2014.

We’re assuming that price takes into account the federal government’s $7,500 tax credit, so expect the “out-the-door” price to be more like $42,000.

The i3...Nuff Said

The i3…Nuff Said

It’s being reported that the range-extender option will now only add around $2,000 to the base price of $34,500 or $42,000, depending on whether or not you prefer taking the tax credit into account.

Quoting Autoblog:

“We have been assured now that the base price, should one choose to buy and not lease in the Euro zone, is just over 35,000 euro, with some big taxes included in that price. In the US, the starting price for the fully EV plug-in version should be $34,500 or right thereabouts.”

It should be noted that all initial US inventory will see the i3 come equipped with the range extender option, which means that the first i3s to hit US shores will have a base price of somewhere around $36,500 (or $44,000 if you don’t factor in the federal tax credit).

Then there’s this last bit of info from our friends at Autoblog:

“The US is seen as the clear number one market for the i3.”

If that’s the case, then the i3 has be priced to compete with the US’ heavy EV competition.

Source: Autoblog

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17 responses to "Report: BMW i3 to be Priced at $34,500*; Range Extender to Cost Only $2,000 Extra"

  1. David Murray says:

    So it looks like the Volt will be cheaper by a good bit. That’s too bad. I was hoping this car would be somewhat cheaper and I’d consider it over another Volt.

    1. Peder Norby says:

      As an ActiveE driver familiar with the program, I would advise to wait on the pricing. My educated guess is that we will all be pleasantly surprised to see the base 13 price well under 40k before any incentives. With the 10k in total incentives for California, the base price will be below 30k.

      Now, remember, BMW has a huge and mostly expensive options list so it will be very easy to get this car up to 50K.

      Looking forward to having one (or two) in my garage.

      Cheers
      Peder
      85,000 miles of sunshine powered driving.

      1. Mark H says:

        Hey Peder,
        Curious if you are opting for the $2000 extender? I also like your new closing. I think I will copy you on that from here on out.

        15,000 miles of sunshine powered driving.
        Mark

        1. kdawg says:

          I think that people are used to paying more for the BMW name. It doesn’t make sense, but that’s the way it is. I’m guessing BMW drivers won’t flinch too much at the price.

          Will it actually get 90 miles AER? How does it perform in RE mode? I would need these answers before considering this vehicle. I’m not a fan of the looks either, so that’s where the price would have to come down to swoon me.

          (isn’t all driving powered by sunshine?)

  2. Just_chris says:

    Wouldn’t it be nice if BMW took the fight to LEAF and Volt and said that this was the base price before tax credit. It is over $2k more than a base 3 series which, lets face it, isn’t cheap by any stretch of the imagination. As it stands $42k isn’t really that exciting for something that is probably as nice to drive as a LEAF and just as ugly.

  3. Roy_H says:

    BMW has always enjoyed an up-market image that has allowed the manufacturer to price its vehicles a little higher than the competition, with buyers eager to pay the premium. Why should the i3 be any different? It will be highly successful at this price.

    1. Rob says:

      You are right. BMW cannot price their cars in competition with Nissan or Chevy. This would damage their brand. And the brand is more important to them than i3.

  4. Josh says:

    I think it will be real competition for the Volt at these prices. It will have double the EV range and more performance along with the same benefit of not needing public charging.

    It could also be competition for the LEAF SL.

    1. Jay Cole says:

      It is definitely going to move something out of my driveway, and probably the LEAF…especially with no hard ETA on the Outlander PHEV and the Infiniti LE now to even compete for its business; it looks like it is going to be the daily driver/work-horse in the family now.

      …I’m am still fully expecting to pay mid-40s until BMW USA tells me otherwise.

      1. Josh says:

        My LEAF lease is up June ’14 and this will be on the list. From my wife recently getting herself an X3, no matter how low the base price is, you will add 5k – 10k in options easily before you get out the door. So mid 40’s after tax credit is a reasonable expectation. Any word on a lease option for i3 (considering 93% of us lease)?

        I am still holding out that there will somehow be a glut of used Model S by next summer. One can hope…

      2. evnow says:

        Jay,

        Hard to believe you don’t have a Model S coming your way … 😉

        1. Jay Cole says:

          You know I probably would take the plunge, but Tesla only has a single service center on the west side of the city (Toronto) and I am north and east

          …looking at a good 45 mins there and the same return – longer during peak traffic, which makes service runs (provided that are ready to work when I arrive) pretty much a half day affair at best and a heck of a lot of sitting around for me. Just not willing to do that.

          Tesla plunks something down on the east side and they probably have a sale.

  5. Warren says:

    The i3 and Spark are the only reasonably affordable EV’s, with adequate range, that might make it to the hinterlands, in the next several years. The i3’s range extender means we could dump the Corolla.

    I am getting pretty hopeful. 🙂

  6. bloggin says:

    It seems the whole ‘range extender’ concept is just smoke and mirrors. Because once you fire up a gasoline engine and start burning fossil fuels and spewing toxins into the air, whether the engine is propelling the wheels or not, it’s not an EV but a gasoline-electric hybrid.

    Does BMW offer what the mpg is when the ICE is running?

    This is essentially a Volt with double the EV range. Which is what GM is planning for the next gen Volt relating to the100EV mile range.

    But where the Volt wins is with the ability to switch to ICE Only for high speed travel, and back to EV power for longer range lower speed travel.

    With the i3 you would use up your EV power on the freeway, and end up burning gasoline in the city trying to charge batteries. It seems this vehicle was designed more the way Europeans drive, as opposed to the wide open American freeways.

    1. evnow says:

      Where i3 wins is by making REx optional (so pure BEV enthusiasts would be happy), having that “next gen” Volt now and by having a true serial plugin. Keep it simple.

    2. bloggin says:

      Just found that the i3 has a 2.4 gallon fuel tank. So the projected 100 miles of extended range would be at 41 mpg.

  7. Warren says:

    Yes. I look forward to someone hacking into the i3 code pretty quickly, so the range extender can be selected by the driver as desired.