The 2023 BMW i4's price starts at $51,400 for the eDrive35 that is arriving in the first quarter of 2023. To get behind the wheel of the eDrive40 model, you'll have to fork over at least $55,900, excluding tax, registration, and a destination fee of $995. Go for the more powerful M50, and the 2023 BMW i4's MSRP goes up to $67,300. Although the rules surrounding federal tax credits will be changing, the i4 currently qualifies for $7,500 off the price which adds to the value proposition of this EV.
Fully loaded with features and in M50 guise, the new BMW i4's price will exceed $85,000.
Whether you want to improve comfort, give the i4 a more aggressive look, or take the stress out of commuting with more advanced driver-assist technologies, BMW has you covered with the EV's options list. All configurations can be upgraded in some way.
The base model can be optioned with the $950 Shadowline package, which includes M Sport brakes with red or blue calipers, M Shadowline lights, black mirror caps, and a rear spoiler. The Premium Package costs $950 and includes the Iconic Sounds Electric system, ambient interior lighting, heated front seats, a heated steering wheel, and driver lumbar support. Individual options include a head-up display at $1,100 (requires the Premium Package), front ventilated seats at $350 (requires both the Premium Package and Vernasca leather), the Harman Kardon sound system at $875, and wireless charging at $200.
The i4 M50 is available with the $1,700 Driving Assistance Professional Package (includes active cruise control but requires the Premium Package), the $700 Parking Assistance Package that includes a surround-view camera, and the High Performance Tire Package, which, for $2,500, adds a set of 20-inch Gunmetal Grey wheels with performance tires.
This question will boil down to performance vs. range. If you're after the most range, the eDrive40 will manage up to 301 miles (as per 2022 EPA figures and with 18-inch wheels) and has a single 335-hp motor. If it's performance you're after, you'll have to sacrifice 30 miles of range, but you gain a ton of power and blistering performance in the M50. If we were the ones buying, we'd go for the M50. Not only is it quicker than the base M4 Coupe, but it's less expensive and offers significant value for money over the eDrive40 with only 30 miles less driving range as a penalty for over 530 hp.
The newer eDrive35 will save you $4,500 over the eDrive40, but it has less power and range so we'd rather choose the eDrive40 between these two.