In-depth reviews

BMW iX review: running costs & insurance

The iX has a hefty price tag, but the flagship SUV promises the same low running costs you’d expect from any electric car, especially if you’re a company-car driver

Overall rating

4.5 out of 5

Running costs & insurance rating

4.0 out of 5

Insurance groupWarrantyService intervalAnnual CC cost (20%/40%)
47-503yrs/unlimited milesTBCFrom £279/£559

Petrol and diesel-powered luxury SUVs like the BMW X7, Range Rover or Porsche Cayenne can cost thousands of pounds a year in company-car tax. In comparison, BMW’s electric flagship attracts a lower Benefit-in-Kind (BiK) rate than a diesel hatchback, so even higher-rate earners face an annual bill of less than £600 thanks to a 2% BiK rate for the next few financial years.

BMW iX insurance group

The BMW iX is like many luxury electric cars, attracting some of the highest insurance ratings possible. Depending on which model and trim level you go for, the iX falls into brackets 47-50, but the same is true for rivals like the Audi Q8 e-tron and Tesla Model X. This is likely due to the performance on offer, as well as high potential repair costs.


Every BMW iX comes with a three-year/unlimited-mileage warranty – just like the brand’s combustion-engined and other pure-electric models, including the iX3 SUV and i4 saloon. Like the latter pair, the iX's battery pack is also covered by a separate eight-year guarantee.


Servicing intervals and pricing for the iX have not yet been revealed. But due to the reduced complexity of the SUV’s pure-electric powertrain and the fact there are fewer moving parts, we expect servicing prices for the iX to be less than those for its petrol, diesel and plug-in hybrid counterparts.

Road tax

As the BMW iX doesn’t emit any CO2, it’s zero-rated for road tax (VED) until 2025. It also escapes the London Congestion Charge until 2025 and it should be safe from future clean-air zones, too.

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