Most individuals just take the automobile’s price into account when thinking about buying a car. They only consider the sticker price while making decisions. While the car’s price is vital to take into account, you also need to think about how much it might cost to maintain the vehicle.
Car maintenance costs can really pile up, from oil changes to wear and tear, and if you’re considering buying a BMW i8, those costs might build up quite rapidly.
The BMW i8 has an annual maintenance cost of about $3,200. $2000 of it would go toward routine upkeep, and $1,200 would go toward typical repairs. The age of the car, how much you use it, and even where you live might affect how much maintenance actually costs. It’s crucial to remember that this excludes repairs as well. For the first five years, that would add another $1200 per year.
This is a hefty price considering the average annual cost of car maintenance is roughly $800. Some could counter that if you can buy a BMW i8, you can pay the maintenance.
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BMW M4 – MSRP $71,800
The BMW M4 appears to be a fantastic alternative if you’re looking at sports vehicles. Sporty BMWs are particularly hard-hit by depreciation while having a starting price of $71,800. You should be aware of high repair expenses, just like with the other models on our list.
We’ll also look at Edmunds’ estimated price for a 2019 model to keep things consistent. A 2019 M4 will cost you about $8,038 in maintenance fees over the course of the first five years, according to Edmunds. You’ll supposedly wind up paying about $2,561 for repairs.
Consumer Reports states that the typical cost of replacing a fuel pump is $1,135. However, according to Consumer Reports, you’ll probably have to pay roughly $3,589 if you have an M4. It is also important to keep in mind that the M4 is a performance model and as such has numerous custom parts that are widely available and hence cannot be found for less.
The following BMW maintenance plans for the BMW i8 model years 2017 and after are described in the maintenance cost and schedule guide for the BMW i8:
- For qualifying BMW i8s, BMW Ultimate Care is a complimentary 3-year or 36,000-mile maintenance program.
- For qualifying BMW i8s, BMW Ultimate Care+ is a 3-year or 36,000-mile optional and fee-based BMW maintenance package.
- With the optional, fee-based BMW Ultimate Care+1,2,3,4, you may prolong the maintenance on your BMW for an extra one to four years, or up to 50,000 to 125,000 miles.
How much does it cost to own a BMW?
When calculating the total cost of ownership for BMWs, like with any other car, truck, or SUV, it’s critical to account for the expenses for routine maintenance. Examining the overall reliability rating of the vehicle can be one technique to assist you in determining the possibility of potential problems. A car is more likely to need maintenance and experience breakdowns if its score is lower. BMW is rated as the 30th most reliable car brand out of 32 by RepairPal, receiving a score of merely 2.5 out of 5.0.
BMW, nevertheless, was rated as the seventh most trustworthy automaker in the United States in 2020 by the J.D. Power Vehicle Dependability Study. BMW was ranked higher than other high-end manufacturers including Cadillac, Audi, Mercedes-Benz, Jaguar, and Chrysler. With such contradicting scores, we advise researching the individual BMW model you now own or are considering buying to see what common maintenance and repair difficulties they may experience.
BMW is the most expensive brand to service in addition to these varying reliability ratings. In fact, throughout the course of ten years of ownership, BMW owners can anticipate spending $17,800 on average. Mercedes-Benz is the second most costly brand, costing over $4,900 more than BMW.
With Supreme for Highline Vehicles, you may discover comprehensive coverage for a number of BMW models as well as a number of other luxury automakers’ models, including Porsche, Audi, Mercedes-Benz, Jaguar, Land Rover, and more. This inclusionary addition to our all-inclusive Supreme plan will assist in covering the expense of breakdowns and repairs for your luxury car, allowing you to save money and quickly get back on the road.
What became of the BMW i8?
In June 2020, the BMW i8’s manufacture came to an end after a little over six years. Alpina lost the opportunity to produce its first hybrid or electric vehicle by abandoning the i8 project. BMW doesn’t intend to create a precursor, but it will soon broaden its selection of hybrid vehicles, opening the door for Alpina to someday enter this market.
Since 1965, Alpina has been in business. In the beginning, the company focused on tuning BMW engines for racing, but in the 1980s it changed into an automaker. Alpina has altered several models of the BMW 3 Series, 5 Series, 7 Series, and 8 Series over the years, but it also created a limited-edition Z8 roadster variant.
Now available at BMW dealerships, Alpina models include the B7 and XB7, based on the 7 Series and X7, respectively, in the U.S. lineup.
Are repairs on BMWs expensive?
BMWs are by far the most expensive car manufacturer to repair, claims Your Mechanic. The competition is not even close. With an average maintenance cost of $17,800 over ten years, BMW comes in #1. Mercedes-Benz came in second with an average maintenance cost of $12,900 during a 10-year period. In contrast, the typical Toyota only cost $5,500 to maintain during a 10-year period because they are recognized for requiring less maintenance.
According to Your Mechanic, such high maintenance costs are usual in German premium vehicles. Audi comes in sixth with an average $12,400 maintenance expense over a 10-year period. This is primarily a result of the pricey, high-end parts that these luxury vehicles require. Naturally, it will cost a lot of money to fix those pieces when they break or need maintenance.
However, while being premium vehicles, they also have ongoing problems. For instance, according to Your Mechanic, a BMW is four times more likely to not start than a typical automobile. It was ranked seventh overall as a result. Additionally, the window regulator on the BMW required replacement 18 times more frequently than the window regulator on the ordinary car.
A BMW i8 is it electric?
The 2021 i8 has a single powertrain that combines a 1.5-liter three-cylinder gas engine that has been turbocharged with an 11.6-kWh battery and two electric motors. The three engines work together to provide 369 horsepower, which can drive all four wheels.
Can a BMW i8 be driven every day?
As a daily driver, the i8 really shines. Comfortable seats, good visibility, and ease of traffic maneuverability are all present. It may throw you around a little on a rough road, but it won’t ruin your trip. The doors are not too bad in terms of quality.
How many BMW i8s exist worldwide?
Benoit Jacob was the designer of the BMW i8 in production. 2013 Les Voiles de Saint-Tropez was followed by the 2013 International Motor Show Germany, where the production model was unveiled. The BMW M1 Homage concept car, which itself pays homage to BMW’s last mid-engined sports car in production before the i8, had a significant effect on its design.
Butterfly doors, a head-up display, rearview cameras, and partially fake engine noise were all features of the BMW i8. Customer car series production started in April 2014. The two-speed electric drivetrain was created and manufactured by GKN. As opposed to LED headlights, it was the first production vehicle using laser headlights.
The i8 had a low drag coefficient (Cd) of 0.26 and a vehicle weight of 1,485 kg (3,274 lb) (DIN kerb weight). The top speed of the BMW i8 in all-electric mode was 120 km/h (75 mph). The i8 achieved a midrange acceleration from 50 to 75 mph (80 to 120 km/h) in 2.6 seconds when in Sport mode. 250 km/h was the electronically controlled peak speed (155 mph).
In December 2019, one of the restricted Ultimate Sophisto Edition models, the 20,000th i8, was created. On June 11 of 2020, the final i8 left the factory. 20,465 vehicles were made in total, with 16,581 coupes and 3,884 roadsters.
How long is the BMW i8’s warranty good for?
The Service Inclusive package that covers servicing costs for three years or 36,000 miles is a standard feature of the i8. It’s also important to note that the battery is protected for eight years or 100,000 miles in addition to the i8’s usual three-year, unlimited-mileage guarantee from BMW.
Can you use gas to drive the BMW i8?
People will stop wherever you go in the i8 to take pictures of it with their iPhones and, if they have the chance, to talk to you. Despite the wide disparity in understanding of the vehicle, everyone agrees that the i8 looks stunning when parked by the side of the road. Since the i8 has a drag coefficient (Cd) of just 0.26, it is obvious that aerodynamics plays a major role in its design. When the gullwing-style doors are opened, the striking appearance causes an even sharper intake of breath.
Once inside, which necessitates some agility due to the relatively small and oddly formed entrance aperture, the interior also exhibits a significant amount of design flare, with numerous curved, layered surfaces. Everything is still where you want it and has the same superior ergonomic design as any other BMW cabin. We haven’t yet discovered a better in-car infotainment control system than BMW’s iDrive controller, but the head-up display is excellent. Importantly, the basic driving posture, like almost all other BMWs, is ideal and offers a wide range of modification.
Surprisingly, there is a good deal of storage space between the seats, in addition to the roomy center tube where the batteries are located. The “2+2” back seats, however, are cramped, and the boot is also quite small.
Things are equally inventive underneath the surface. The i8 is essentially a mid-engined vehicle thanks to its 3-cylinder, 1.5-liter turbocharged petrol engine, which is located between the rear seats and the rear wheels. The 6-speed automatic transmission used to drive the rear wheels of this power unit, which is based on the engine used in the new MINI Cooper, is lighter than the 8-speed automatic transmission often found in modern BMWs.
However, there is also a 96kw electric motor under the hood that is driven by a lithium-ion battery that runs up the middle of the vehicle. The front wheels are propelled by this electric drivetrain.
The i8 can be powered only by electricity, by gasoline, or by a combination of the two. The car has front-wheel drive if it is only powered by electricity. It has rear-wheel drive if only powered by gasoline. When used gradually, the i8 is all-wheel drive when using gasoline and electricity as power sources.
BMW has made significant efforts, like with the i3, to make the i8 as light as possible. The chassis is made of aluminum, while the passenger structure is made of carbon-fibre reinforced plastic (CFRP). The i8 only weights 1490kg despite having 100kg of batteries. Even with all of this complicated packing, BMW was still able to maintain its distinctive 50:50 weight distribution and low center of gravity.
What is the top speed of the BMW i8?
The i8 has a top speed of 155 mph and can accelerate from 0 to 62 mph in under 4.4 seconds (like most BMWs). As a result, its straight-line performance is comparable to that of a genuine BMW M vehicle.
The i8’s engine, which BMW expertly designed, is responsible for the power. Unbelievably, the 1.5-liter, three-cylinder MINI Cooper served as the engine’s source. However, it has been altered to provide more naughtiness, producing 231 horsepower while receiving an additional 143 horsepower from an electric motor. The i8 is by no means slow thanks to the innovative hybrid configuration.
As a result, the i8 not only has a sharp appearance but also has the ability to move quickly when necessary, and since it is a BMW, the driving experience is also rather good.