BMW i3 costs, insurance, warranty & tax
The BMW i3 is pricier than some less premium rivals, but day-to-day running costs are similarly low
|Insurance group||Warranty||Service intervals||2021/22 company-car cost (20%/40%)|
|28-29||3yrs / unlimited miles||2yrs / 18,000 miles||From £73 / £146|
The BMW i3 is expensive to buy, especially if you’re trying to balance driving distance against cost. The Hyundai Kona Electric goes 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 1% Benefit-in-Kind (BiK) tax for the 2021/22 financial year, rising to 2% during 2022/23. 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.
In This Review
- 1VerdictThe BMW i3 was one of the first electric cars to make everyday drivers sit up and take notice, with its cool style, good handling and practical range
- 2Range, battery & chargingA battery upgrade for 2019 gave the BMW i3 longer legs, with a real-world range of around 160 miles
- 3Running costs & insurance - currently readingThe BMW i3 is pricier than some less premium rivals, but day-to-day running costs are similarly low
- 4Performance, motor & driveGreat handling and nippy acceleration make the BMW i3 one of the best electric cars to drive, although ride comfort is particularly firm in the i3s
- 5Interior, dashboard & comfortIt’s spacious for four people, but the BMW i3’s suspension makes things a little too bumpy on the move
- 6Boot space, seating & practicalityCompact exterior dimensions belie the BMW i3’s roomy interior, but it only has seats for four
- 7Reliability & safety ratingCrash safety is good for occupants, and BMW ranks decently for reliability