How Much Does A BMW i8 Cost?

With its distinctive low-slung silhouette and dihedral doors, the BMW i8 sports car stands out as a futuristic hybrid pairing sleek looks with eco-friendly performance. But advanced technology comes at a premium – so what’s the true cost of purchasing and owning this cutting-edge machine?

This comprehensive BMW i8 pricing guide breaks down all the factors – both obvious and hidden – that determine overall affordability. We’ll cover new and used pricing, leasing versus buying options, operating costs, depreciation, competitor comparisons, and long-term value considerations. For prospective buyers eyeing this carbon fiber-clad exotic, understanding the complete financial picture is essential.

How Much Does A BMW i8 Cost?

The cost of a new BMW i8 started around $150,000 when last available in 2020, while today used models range from about $85,000 for higher-mile examples up to $110,000 or more for low-mileage, immaculately maintained versions still under factory warranty. The typical price range for a pre-owned BMW i8 is approximately $90,000 to $100,000.

Since ending production in 2020, new i8 models are no longer available. But when brand new, the 2020 BMW i8 carried a starting MSRP of $147,500 in base Coupe trim before options.

Factors impacting pricing included:

• Coupe vs Roadster – The open-top i8 Roadster convertible added around $15,000 over the Coupe’s cost when new.
• Trim packages – Upgraded Accelerator, Efficiency, and Ultimate packages added $5,000-$12,000 to the bottom line, bundling desirable features.
• Standalone options – Additional amenities like carbon fiber interior components, advanced driver aids, and premium audio pushed fully-loaded prices over $160,000.
• Dealership location – Limited regional availability allowed negotiated discounts from sticker price at some dealers, especially on aging inventory.

According to an article from ZigWheels, the 2024 BMW i8 starts at approximately $147,500 for the base Coupe variant and can go up to $163,300 for the top-spec variant. This pricing reflects the advanced technology and hybrid performance features that the i8 is known for.

Another source, Car and Driver, lists the starting price of the 2020 BMW i8 at around $148,495, with higher trims reaching up to $164,295. This range indicates how additional features and options can significantly impact the overall cost of the vehicle.

A report from CLASSIC.com mentions that while new models are priced between $147,500 and $163,300, used BMW i8s are available at varying prices. The average sale price for a used i8 is around $67,745, with listings ranging from about $37,726 for older models to as high as $143,000 for newer variants.

According to an overview on Edmunds, used BMW i8 models currently range from approximately $29,900 to $75,000, depending on mileage and condition. This variability in price allows buyers to find options that fit their budget while still accessing this luxury sports car.

Lastly, a listing on TrueCar shows that prices for used BMW i8s currently range from about $36,498 to $75,000. This range includes various model years and conditions, indicating a healthy market for both new and used vehicles.

The High-Tech BMW i8 Hybrid

Debuting in 2014, the pioneering BMW i8 was the German automaker’s first mass-produced plug-in hybrid sports car. Its standout features include:

• A dramatic low-slung exterior design with distinctive butterfly doors and aggressive front fascia styling accents. The future is now.
• Lightweight aluminum and carbon fiber reinforced plastic (CFRP) construction to optimize speed and efficiency.
• An advanced hybrid all-wheel drive powertrain combining a 228 hp twin-turbo 1.5L 3-cylinder gasoline engine with a 131 hp electric motor.
• Combined 357 horsepower and 420 lb.-ft of torque enables 0-60 mph in 4.2 seconds.
• 4 kWh high-voltage lithium-ion battery pack supplies 15 miles of all-electric driving range.

This cutting-edge powertrain encased in a exotic carbon fiber body visually signals the i8’s performance capabilities and its premium market pricing.

Leasing vs Buying

Due to the advanced hybrid drivetrain’s complexity, most U.S. buyers opted for leasing or financing this niche model rather than purchasing outright:

• Leasing offered monthly payments around $1,500 over a 36-month term after $5,000 total due at signing. Appeal of lower monthly rates.
• Financing required heftier $15,000-$20,000 down payments but offered more flexible extended 48–60-month terms at 3-5% APR contingent on strong credit.
• Incentives in some green-friendly states knocked up to $4,000 off lease costs or financed interest rates to spur eco-friendly vehicle adoption.

Ultimately leasing avoided uncertainties about long-term value retention but resulted in steeper cumulative costs if keeping the car over 5+ years. Purchasing made more economic sense for committed enthusiasts planning longer ownership.

Used BMW i8 Pricing

As an early hybrid pseudo-supercar, the discontinued BMW i8 experienced higher than average first-owner depreciation:

• Values typically plunged around 50% within the first 3 years – a $150,000 new i8 could be found for $75,000 or less after initial rapid depreciation stabilized.
• Today, certified pre-owned (CPO) i8s offer some reassurance for secondhand buyers, often priced from $85,000 to $95,000 when equipped with lower mileage and the balance of BMW’s CPO extended warranty coverage.
• As inventory shrinks each year, collectible status for the landmark i8 has slowed depreciation while gradually increasing resale values.

Well-maintained low-mileage examples are recommended to avoid hybrid battery and electric drivetrain issues.

You might also like our articles on the cost of cars like the Tesla Cybertruck, Rolls Royce, or Bugatti Veyron.

Operating Costs

Beyond the purchase price, ongoing BMW i8 ownership costs include:

• Insurance premiums averaging $200 monthly – Mostly affordable for older drivers but higher due to the i8’s sporty status. Rates vary based on age, driving history, and location as usual.
• Higher maintenance at $1,500+ per year – Required factory-recommended service is more expensive than average given the plug-in hybrid complexity. Performed exclusively at BMW dealerships.
• Premium fuel mandated – Reduced but not eliminated by electrification. However, solid 28 mpg combined fuel efficiency helps mitigate gas costs.
• Expensive battery replacement – $20,000+ risks after the 8-year/100k-mile warranty expires. Replacement may not be cost-effective for aging used models.
• Home charging installation around $1000 – 240-volt Level 2 charging systems provide the best recharging experience and battery longevity.

Budgeting for increased operating costs is advisable to maximize enjoyment of i8 ownership without financial headaches.

BMW i8 vs Rivals

Interestingly, the Tesla Model S provides an all-electric alternative to consider:

• Base Model S pricing now starts around $97,000 – Originally cheaper than the i8 exotics but climbs over $100,000 quickly when adding larger battery packs and performance upgrades.
• Brutal straight-line acceleration – The newest Model S Plaid edition hits 60 mph in just 2.3 seconds, noticeably quicker than the i8’s 4.2 second 0-60 mph time.
• Hybrid flexibility – The i8’s gas/electric combo may provide an advantage for long road trips without charging stops.

Overall, the Tesla and BMW share sleek styling and well-appointed sustainable luxury cabins. Performance nod goes to the Model S while the i8 balances eco-friendliness.

Long Term Value Considerations

As an early and rare plug-in hybrid supercar, the i8 seems destined for collectible modern classic status:

• Extremely limited production capped around 20,000 units total – rarity already increasing residual values among collectors and enthusiasts.
• A technological milestone during BMW’s electrified transition cements its place in the brand’s storied motorsports heritage.
• Eco-friendly perks like HOV lane access may continue boosting desirability in certain regions with incentives.

Meticulous maintenance and avoiding major modifications preserve this landmark flagship’s prospects for strong long-term valuation.

Expert Tips

We consulted BMW i8 owners and independent mechanics for real-world operating cost perspectives:

“Even with efficiency factored in, set aside $100 monthly for fuel just to be safe. Premium is mandatory for the engine.” – Ryan T., i8 Owner

“Don’t cheap out on maintenance – follow BMW’s intervals to avoid hybrid issues. The right specialty shop saves over the dealership.” – Alex P., BMW Master Mechanic

“Consider an extended warranty for long-term peace of mind given the repair costs. Electronics and carbon fiber are pricey.” – Jonathan R., i8 Enthusiast

Final Words

Among eco-conscious yet exhilarating exotic sports cars, the pioneering BMW i8 makes a compelling case stretching budget to the limit. Its spaceship aesthetics, featherweight carbon fiber construction, and silky hybrid powertrain justify the premium pricing tier. While new models remain an expensive proposition, low-mileage pre-owned examples offer a more accessible entry point to experience BMW’s visionary take on high-performance electrification.

As the technology halo showcasing BMW’s capabilities during a turning point in emissions standards worldwide, the i8 seems destined for enduring prestige and collectability in the brand’s illustrious history. For the well-heeled eco-minded driving enthusiast, it delivers a package and experience without equal.

Answers to Common Questions

How much does it cost to fill up a BMW i8?

Figure $60-$80 for a full 14-gallon tank of premium fuel given its combined city/highway fuel economy of 28 mpg. Lower than comparable supercars thanks to the hybrid powertrain.

How many i8s were made?

BMW manufactured around 20,000 total i8 Coupe and Roadster models for global sales between 2014 and 2020 before halting production. Relative rarity adds to collectibility.

Is a BMW i8 a supercar?

With a 0-60 mph time under 4 seconds, limited production numbers, and exotic styling inside and out, the BMW i8 earns its supercar status, even with half the cylinders of traditional rivals.