BMW i8 Sells For $247,450

FEB 10 2015 BY STAFF 17

Ever since its introduction last summer, the BMW i8 quickly rose to the status of the most desired car on the market. BMW dealerships from around the country, and even from around the world, have put a premium price on the i8 hybrid sportscar, with some asking as much as $100,000 over the sticker price.

But we have yet to hear about an i8 that actually sold at that markup. Until today. Irvine BMW, a dealership in Southern California, sold their Sophisto Grey BMW i8 for a whooping $247,450, exactly $100,000 over the sticker price.

*Editor’s Note: This post appears on BMWBLOG.  Check it out here.

SApZ2Bj 750x484 BMW i8 sold for $247,450

BMW i8 Market Adjustment

BMW i8 uses a plug-in hybrid system consisting of a turbocharged three-cylinder BMW TwinPower Turbo petrol engine and BMW eDrive technology in the form of an electric drive system.

The 1.5-liter combustion engine develops 170 kW/231 hp and drives the rear wheels of the BMW i8, while the 96 kW/131 hp electric drive sends its power to the front wheels and allows an all-electric range of up to 35 kilometers (22 miles) and a top speed of 120 km/h (75 mph).

BMW i8 has a manufacturer’s suggest retail price of $135,70.

So the question is: would you pay that premium price to own of the few i8 cars in the US?

[Source: VWvortex]

Categories: BMW

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17 Comments on "BMW i8 Sells For $247,450"

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Victor

The BMW i8 has a top speed of 75 mph and it sold for $247,450.
This makes no sense!

Eric Cote

Is 75mph really the top speed?? My Volt can do 101mph and doesn’t require the engine to run.

I have to imagine that the i8 can go faster than 75mph?!

kdawg

I assume they meant in EV mode only.

Eric Cote

Okay, that would make more sense. Though the Volt can still do 101mph in EV mode only with full acceleration. 🙂

Gotta love the Voltec drivetrain. 🙂

jm

Absolutely NOT!! Dealer greed should never be rewarded, no matter how desirable the car. A dealership in FL was asking the same amount while another just 30 miles away was asking MSRP, go figure. This reminds me of when Rabbit Diesels first came out during fuel crisis II and the dealer advertised them as “priced most reslistically” which was about 50% over MSRP. People in the area had a long memory about that one and when the next recession arrived, that dealership was gone. Also sadly reminds me of my local BMW dealer who wanted $80 to fill the “gas tank” of his non-REX i3s.

See Through

I read a story on bloomberg the other day. BMW i8 is one of the most gorgeous looking car out there. The Tesla rider says “But.. but but.. I can go 200 miles all electric!” Meh. Looks, sounds and feel are everything. If no body notices you when you pass them on the road, what’s the use of paying top dollars?

This is free market. Whoever wants it most pays more. The whole capitalism is based on market determining prices.

ffbj

I think in regard to this story that P.T. Barnums’s “There is a sucker born every minute,” is most applicable. A rich sucker, but a sucker nonetheless.

electric-car-insider.com

+100,000

Ahldor

The BMW i8 is probably the most blown up, overrated and over priced car out there today.

Doug B

Think this is a good example of why Tesla and other manufactures should be allowed to sell direct to customers. The dealer has done little to earn that bonus, if the car is worth the premium, that bonus should go to BMW.

Mr. M

That’s so true…

Mister G

Why would anyone pay $247,000 for a range of 22 miles? There is a sucker born everyday.

Eric Cote

I feel like this is one of those “half the story” statements.

Obviously the i8 doesn’t stop running after 22 miles, it has a gas engine to go as far as you need. It’s misleading (and disingenuous) to suggest it will only travel 22 miles.

Mister G

LOL…reasons for invading Iraq were misleading and disingenuous. Get serious we are talking cars here. LOL

ModernMarvelFan

People pay premium for rare models of cars…

If i8 is so rare, that is why it can ask for that kind of premium…

Even for a Tesla, you would have to wait for 2 months to get your car.

Some rich guy probably wants his i8 today, so he is willing to pay for that…

As far as EV performance go, well, i8 is significantly overpriced for its EV range, but that is NOT the point of i8… i8 is there to deliver performance car package (looks, performance, handling…etc) while having a plug…

Turbofroggy

What the hell is wrong with people. In the age of the internet, sites like cars.com list all kinds of cars nationwide. It costs no more than $1000 to have a car shipped nation wide. There are 61 listed on cars.com right now, 40 of them for MSRP. How about the next idiot who wants to pay $250K for an i8, I will deliver it to their house and pocket the extra $100K. Heck I would to it for $50K…

Robert

SUCKER