New BMW iX3 Is Way More Expensive Than We Thought

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Is an EV worth this much more than one of BMW's high-performance SUVs?

BMW's electric vehicle onslaught has kicked into high gear this year, with one of the most notable reveals being the iX3 crossover. With 285 miles of range and 286 horsepower wrapped in the shell of the popular X3 crossover, it's bound to do well, although the US market will be missing out.

Now, BMW has released pricing for the iX3 in the UK, which gives us an idea of what BMW EVs will cost relative to their conventionally powered counterparts. In a nutshell, it's expensive. The BMW iX3 will start at £61,900 in the UK, which translates to $80,286 at current exchange rates. To put that into perspective, the cheapest X3 you can purchase in the UK is the xDrive20i SE at £41,485 ($53,807).

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BMW

In North America, the base X3 sDrive30i begins at $43,000, while in the UK, you can buy the sporty X3 M40i with 360 hp for over £6,500 ($8,437) less than the base iX3. Of course, the iX3 will begin recouping some of that initial outlay due to its lower running costs, but it's still a lot to pay for BMW's electric SUV. Then again, it's on par with the Audi e-tron's starting price of £60,650 in the UK.

So, what does £61,900 get you besides the absence of a traditional engine note? This will buy you the iX3 Premier Edition. It comes with 20-inch black aerodynamic wheels, a panoramic sunroof, metallic paint, adaptive LED headlights, and an automatic tailgate.

Inside, BMW's Live Cockpit Professional is standard, along with wireless charging, Vernasca leather upholstery, a SensaTec-trimmed dashboard, acoustic pedestrian warning, and a parking assistant.

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The iX3 gets an adaptive suspension by default. Subtle blue trim highlights both inside and outside the cabin distinguish the iX3 from the X3. If all of that isn't enough, the Premier Edition Pro at £64,900 adds a head-up display, gesture control, a Harman Kardon sound system, acoustic glazing, and more.

With fully electric versions of the X1, 5 Series, and 7 Series on the way, it's clear that BMW EVs will demand a hefty price premium, with pricing that puts them up against the marque's high-performance M-lite models. Time will tell which side of the pendulum buyers will favor.

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