BMW i3 running costs
|Insurance group||Warranty||Service intervals||2020/21 company-car cost (20%/40%)|
|28-29||3yrs / unlimited miles||2yrs / 18,000 miles||£0|
The BMW i3 is expensive to buy, especially if you’re trying to balance driving distance against cost. The Hyundai Kona Electric will go much further on a full charge for a similar price, while the Nissan Leaf and Renault ZOE look even better value. No rival has either the prestige or contemporary design cool of the BMW, of course, and the i3’s success suggests drivers are prepared to pay for that privilege.
Charging an i3 overnight will cost little more than a couple of pounds, while company-car drivers enjoy 0% Benefit-in-Kind (BiK) tax for the 2020/21 financial year, and just 1% and 2% in the two subsequent periods. London drivers also benefit from free entry to the Congestion Charge zone until 2025.
BMW i3 insurance group
Group 28 (for the i3) and 29 (for the i3s) insurance ratings mean premiums won't be cheap compared to conventional city cars.
The three-year/unlimited-mileage warranty for BMW i models also includes an eight-year/100,000-mile guarantee for the battery. Warranty extensions are available too, as long as servicing is done on time.
The BMW i3 service plan costs just £239 annually and includes full diagnostic checks and parts replacement if required for electrical items.
There’s no road tax (officially known as Vehicle Excise Duty, or VED) to pay on a BMW i3, thanks to its zero CO2 emissions.