2020 BMW I3 Prices: MSRP vs Dealer Invoice vs True Dealer Cost
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
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The 2020 BMW i3 is the German automaker's long-range fully-electric car that promises to transform mundane rides into an adventure. BMW is taking a conscientious stance with the i3 and the i3s by offering an electric car that uses all-natural materials that are more sustainable and help promote the energy revolution. With its new 120 amps-per-hour (Ah) battery, the i3 is now comparable in driving range to competing EVs such as the Nissan Leaf.
Performance and Handling
Electric vehicles have snappy maneuverability that is almost startling. It's a joy to drive the i3 around town. The car moves with surprising urgency, and the ride makes you feel like you're taking a trip into the future. The i3 is also very easy to park.
The electric engine of the BMW i3 produces 170 horsepower at 4800 rpm and 184 lb.-ft. of torque. The transmission has a single speed with a direct drive implementation. The i3s model boosts horsepower to 181 hp.
When you take your foot off the accelerator, the car actually applies braking to reduce the speed. The driver can configure this technology to suit driving styles. The upgraded i3s propels the vehicle from 0 to 60 mph in 6.8 seconds, but the car feels very peppy from 0 to 30 mph. passing maneuvers can usually be accomplished easily. The i3 has a good turning circle, and the car can be driven with only one pedal.
The infotainment system of the 2020 BMW i3 is the BMW Professional Multimedia system. The Harmon Kardon audio system is available for mid-grade-quality sound. The ConnectedDrive platform provides emergency communication features and also includes navigation with traffic information. The standard park assist features can also be upgraded with a rear camera display and enhanced distance control. Some available driving assistance features provide cruise control, collision avoidance technologies, speed limit adherence technology, pedestrian awareness and aids for heavy traffic.
The interior of the 2020 BMW i3 is one of the truly standout aspects of the car. The shape, materials and textures of the cabin are unique and modern. New owners of an EV will be satisfied with the novelty provided by the forward-thinking design. The controls and instruments of the i3 are placed logically and provide an intuitive driving experience. The grain of recycled carbon materials provides a sense of civic responsibility, and the interior space feels airy and spacious for a car of its size. Overall, the interior of the 2020 BMW i3 is more practical than other EVs in the same price class.
2020 BMW i3 Features and Options
The 2020 BMW i3 comes in 3 configurations. You can choose the base 4dr Hatchback or an i3 with a gas-powered range extender. The upscale model is the i3s that comes with a slightly faster motor.
Standard features on the i3 include six exterior colors from which to choose that includes the most standard options such as black, white, and red. A rear-view camera comes standard with the base model. The i3 has a standard onboard computer that provides feedback to the driver about the car's status, remaining miles on the current charge level and many other types of data. A tire pressure monitor and Dynamic Cruise Control are standard.
The infotainment system is viewed and controlled via a high-resolution screen that is 6.5 inches in diagonal size. Apple CarPlay and USB audio connections are standard features. Park Distance Control aids the driver in the front and rear, and the climate control system has automatic features for temperature regulation. Heated front seats are standard, and keyless entry is also included. The center console has a 12v power socket, and the windshield wipers have rain-sensing capabilities.
The i3s is the upgraded "Electric sport" model that produces 181 hp with its electric motor. It goes from 0 to 60 mph in 6.8 seconds, and with the range extender, it takes 7.6 seconds. The i3 has larger wheels at 20" inches. The i3s is 10mm lower, and the body is 40mm wider than the i3, which allows for sportier driving and better handling. The i3s accentuates the larger wheels with a wide black wheel arch accent with a metallic paint finish.
Formula for Calculating Dealer Cost:
- Example: Base BMW I3 invoice price + the dealer Invoice price of options + destination - Holdback = Total Dealer Cost.
- What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.
Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here.)
Note: All BMW I3 MSRP, invoice and dealer cost dollar figures above are approximate amounts. Prices are subject to change without notice.
A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.