BMW has prices its new 530e iPerformance Sedan for the US, and like the 740e announced before it, the plug-in 5 Series is the best, and least expensive trim level for the model when the federal credit is factored in.
BMW 530e iPerformance arrives this Spring
Arriving this Spring (think late March) as a 2018 model year, the base 530e iPerformance Sedan starts at $51,400 (+$995 DST), while the all-wheel drive, 530e xDrive iPerformance Sedan starts from $53,700 (+$995 DST).
The 530e has yet to be rated for its plug-in abilities in the US, but has a European NEDC rating of 45 km/28 miles from its 9.4 kWh battery.
From seeing how other similar BMW powertrain products (with similar batteries) have been rated in the US (the 740e nets 14 miles with its 9.2 kWh battery), we expect a "real world"/EPA rating of about 18 miles/30 km.
As for the pricing itself, the 530e and 530e xDrive are both expected to come with a $4,668 federal credit, which effectively lowers the MSRP to $46,732 for the base model, and $49,032 for the all-wheel drive edition.
Even without the federal credit, the plug-in version is only $1,000 more, an exceptional value for electrification to be sure. Put inside the 5 Series lineup, the plug-in offerings lineup like this:
- BMW 530e - $46,732
- BMW 530e xDrive - $49,032
- BMW 528i - $50,200
- BMW 528i xDrive $52,500
- BMW 535i - $55,850
- BMW 535i xDrive - $58,150
BMW 530e iPerformance Interior
Some rare extra room in the back (for a plug-in) can be found in the BMW 530e
Looking at the new 530e/530e xDrive, there really would seem to be no reason to not opt for the BMW over the standard petrol models.
The 530e features 248 net hp, and a 0-60 mph time of 6.0 seconds, whereas the 528i puts out 240hp and a 0-60 mph time of 6.1 seconds in comparison.
What is the potential sales level of the 530e in the US?
It is hard to say, as 5 Series sales have been on the decline for BMW for quite awhile as the current generation fades away. Still the company managed to sell ~2,700 a month of the older petrol version in 2016, and ~3,700 the year before. We expect the new 5 Series lineup to return closer to former glory when it arrive in early 2016, perhaps around ~4,000 copies a month.
Hopefully, the sharp pricing means we will be logging a lot of BMW 5 Series sales this Spring!