BMW i7 Price Explorer: In-Depth Review of New, Used, and Market-Average Costs

The BMW i7's price range reflects its position as a top-tier luxury electric vehicle. As a relatively new model, introduced in 2022, prices are primarily for new vehicles, with the used market still in its early stages. The cost can vary significantly based on optional equipment and market conditions.

Here are some general price ranges for the BMW i7:

• The BMW i7 xDrive60, currently the sole variant available, typically starts around €135,000 to €140,000 in European markets.
• In the United States, the starting MSRP is around $120,000.
• Fully equipped models with extensive options can reach prices of €180,000 or more in Europe, and $150,000 or more in the US.

It's important to note that these prices can vary based on specific markets, local taxes, and incentives for electric vehicles. Many countries offer tax benefits or purchase incentives for electric vehicles, which can affect the final price paid by the consumer.

As for used BMW i7 models, given the recent introduction of the vehicle, the used market is still in its infancy. Early used examples, if available, are likely to be priced close to new models, with only slight depreciation. As the model becomes more established in the market, a more defined used pricing structure will emerge.

Factors that can influence the price of a BMW i7 include:

• Optional equipment and technology packages
• Exterior and interior design choices
• Regional pricing and electric vehicle incentives
• Market demand and availability
• Currency exchange rates for international markets

The BMW i7's price reflects its position as a flagship electric luxury sedan, incorporating advanced technology, superior comfort, and high performance. While the initial cost is substantial, potential buyers often consider the long-term savings on fuel costs and potentially lower maintenance requirements of an electric vehicle alongside the purchase price.

The price of a new BMW i7 can vary considerably based on several factors, including optional equipment, regional pricing, and market conditions. As BMW's flagship electric sedan, the i7 commands a premium price that reflects its advanced technology, luxury features, and performance capabilities. Here's a more detailed breakdown of new BMW i7 pricing:

BMW i7 xDrive60 (Current Model)

• Base starting price: Approximately €135,000 to €140,000 in European markets
• US starting MSRP: Around $120,000
• This all-wheel-drive variant offers a balance of luxury, performance, and range
• Standard equipment includes the curved display with BMW Operating System 8, adaptive air suspension, and numerous driver assistance systems

Key factors that can influence the final price of a new BMW i7 include:

• Optional Packages: BMW offers various option packages that can add €10,000 to €30,000 or more to the base price. These may include:
  • Executive Package: Enhanced rear-seat comfort features, including the Theatre Screen
  • Technology Package: Advanced driver assistance systems, Bowers & Wilkins Diamond Surround Sound System
  • M Sport Package: Sportier styling elements and handling enhancements
• Individual Options: Stand-alone options can also significantly affect the price:
  • BMW Theatre Screen: €4,000 to €5,000
  • Executive Lounge rear seating: €5,000 to €6,000
  • Advanced driver assistance features: €2,000 to €4,000
• Exterior and Interior Design Choices:
  • Special paint finishes: €2,000 to €5,000
  • Wheel upgrades: €1,500 to €3,000
  • Premium interior trims and leathers: €1,000 to €5,000

It's not uncommon for a well-equipped BMW i7 to reach €170,000 to €180,000 in European markets, or $140,000 to $150,000 in the US. Fully loaded models with all available options can exceed €200,000 or $170,000.

Potential buyers should also consider:

• Regional price variations due to import duties, taxes, and electric vehicle incentives
• Possible wait times for custom-ordered vehicles
• The long-term cost benefits of electric vehicle ownership, including lower fuel and potentially reduced maintenance costs

While the initial price of a new BMW i7 is substantial, it reflects the vehicle's position as a cutting-edge, ultra-luxury electric sedan. For many buyers in this segment, the combination of uncompromising luxury, advanced technology, and electric efficiency justifies the investment in this innovative flagship vehicle.

As the BMW i7 was only introduced in 2022, the used market for this model is still in its very early stages. However, we can provide some insights into what potential buyers might expect in terms of used i7 pricing, based on typical depreciation patterns for ultra-luxury electric vehicles and BMW's 7 Series in particular.

It's important to note that these are estimates, and actual prices can vary significantly based on market conditions, vehicle condition, and regional factors:

Nearly New (Less than 1 year old)

• Approximate price range: €120,000 to €135,000 (or $110,000 to $115,000 in the US)
• These vehicles are likely to be ex-demonstrators or very lightly used examples
• Depreciation at this stage is typically minimal, often less than 10% off the new price

1-2 Years Old

• Approximate price range: €110,000 to €125,000 (or $100,000 to $110,000 in the US)
• At this age, vehicles may have covered 20,000 to 40,000 km
• Depreciation might be around 15-20% off the original new price

Factors influencing used BMW i7 prices include:

• Mileage: Lower mileage examples will command higher prices
• Specification: Highly optioned cars often retain value better
• Battery Health: As an electric vehicle, the condition of the battery is crucial
• Service History: Comprehensive service records from BMW dealers will positively impact value
• Warranty: Remaining warranty period, especially for the battery, is a significant factor
• Market Demand: As a rare and innovative model, demand may keep prices high initially

It's worth noting several points about the used market for the BMW i7:

• As a very new model, the supply of used i7s is likely to be extremely limited for the first few years
• Ultra-luxury electric vehicles often depreciate differently from traditional luxury cars, sometimes holding value better due to their rarity and advanced technology
• The i7's position as BMW's flagship electric sedan may help it maintain value, especially if it proves popular and reliable
• Regional electric vehicle incentives and regulations can significantly impact used values

Potential buyers of used BMW i7 models should consider:

• Having the vehicle, especially the battery and electrical systems, thoroughly inspected by a qualified technician
• Checking the remaining warranty, particularly on the battery and electric drivetrain
• Comparing prices with new models, as the difference may be relatively small for nearly-new examples
• Investigating any applicable used electric vehicle incentives in their region

As the BMW i7 becomes more established in the market, a clearer picture of its depreciation curve and used values will emerge. For now, early adopters of used i7 models are likely to find prices relatively close to new values, reflecting the model's rarity, advanced technology, and flagship status in BMW's lineup.