Stuff Awards BMW i3 4 Out of 5 Stars

JAN 25 2014 BY ERIC LOVEDAY 9

The BMW i3 reviews continue to pour in and after seeing/reading perhaps 3 dozen of them, the verdict is that the i3 may not be the world’s best electric vehicle, but it’s darn close.

i3 Gets 4 Out of 5 Stars

i3 Gets 4 Out of 5 Stars

This review, courtesy of Stuff, gives the i3 4 out of 5 stars.

The knocks are price, which is rather high when options get added in, a cramped back seat and range limitations.

However, Stuff says the i3 has hot hatch acceleration and handling, so for those looking for a fun EV that doesn’t cost as much as a Tesla Model S, the i3 is probably the right choice.

Here’s the rest of what Stuff says in terms of pros and cons for the i3:

Pros: The government’s £5,000 plug-in discount is already factored into the £25,680 start price, but owners pay nothing for the annual tax disc. There’s zero company car tax on the pure electric version and both it and the extended range version duck the London congestion charge. According to BMW, 10,000 miles will cost you £140 in electricity using EDF’s nighttime Economy-7 tariff (i.e. charge it overnight), compared to £854 to fuel a frugal Audi A3 1.6 diesel over the same miles.

Cons: A similarly practical BMW 116i costs £100 less to finance per month than the cheapest i3 lease (£369). And no-one will keep it that low: the i3’s long list of must-have extras includes a charge-point cable at £169 and the charge-point finding sat nav for £960, so that monthly price is going to creep up steadily once you get to the options list.

Source: Stuff

Categories: BMW

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9 Comments on "Stuff Awards BMW i3 4 Out of 5 Stars"

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A big selling point of the car is that it will be zero rated, or low rated, I am not sure which as I am not in the demographic affected for tax as a benefit in kind.
That will make a big difference to the take home pay for people who can manage with the range, probably those with a second car in the family.

Not enough information to know for sure, but the lease at £369 sure seems a lot cheaper in UK than in America

The lease rates in the US haven’t been released yet. You’ll be able to lease one here for the equivalent of that in the US also.

That is good to hear, Tom, you should perhaps also leave a comment at http://insideevs.com/heres-a-look-at-a-bmw-i3-lease-quote-of-930-per-month/

ggpa: The example used to generate a $930/mo lease payment was a loaded i3 that pushed the cost up to $55,000 and then used practically no money own. Try leasing a $55,000 gas car with under 2K down and see what your payments will be. Lets wait till the official lease pricing to hit the street before we start this back up, it won’t be long now. £369 is a little over $600/month. You will definitely be able to lease an i3 for that. Maybe it won’t be a fully loaded i3 Rex with little money down, but if you want an i3, I bet there will be lease or OwnersChoice Flex deal that under $600/month without putting too much down either.

Tom … I think you are right. At this stage it is wise to wait, even though we all are anxious to learn what it will cost to drive the newer EV models like BMW i3 and Mercedes B series.

On a related note, it is hard to find another car that costs exactly $55000, but a base Lexus GS 350 costs $48600 and with less than $2k down, it leases for $499/month. YMMV of course, but I think it illustrates that $930/month is very wrong and your estimate of $600/month is hopefully right.

Note that MSRP was $51,925 an not $55,000 as Tom stated. While it makes sense to wait for the final terms, it will would be good to keep the facts straight. I believe that the residual and money factor are not competitive for a vehicle od this class, and I hope that BMW will revisit both if them.

Sorry Tom, but the MSRP was $52,925. There was no upfront cap cost reduction, but the driveoff was still fairly substantial, courtesy of sales tax due on the lease rebate provided by BMW FS in lieu if the federal tax credit.

While I hope for a substantial improvement, it won’t be possible without improved residuals, and a more aggressive money factor. These two items, aside from the reduced federal tax credit, are responsible for the majority of the perceived inflated cost built into the lease quote.

OwnersChoice with Flex sounds intriguing, but if sales tax is due on the entire value of the car, then much if the benefit if getting the full federal tax credit will be eaten up by the increase in sales tax.

I REALLY would like to see a 1/4 mile drag race between the i3 and the Spark EV.

Just curious…..