BMW iX1 eDrive20 2025 - EV Savings Calculator USA

EV Fuel Savings Calculator

How much could you save on fuel by switching to the BMW iX1?

BMW iX1

Energy Efficiency

kWh/100 mi

mi/kWh

Median efficiency among 951 EVs on GCC:
29.3 kWh/100 mi (3.42 mi/kWh)

Price per kWh

$

USA average residential electricity rate:
$0.16

$ / year

ICE Vehicle

Fuel Efficiency

mpg

USA average gasoline vehicle fuel efficiency:
24.4 mpg

Price per Gallon

$

USA average retail regular gasoline price:
$3.17 per gallon

$#XXX# / year

If You Switched to EV Today

in years

you could save $ on fuel

$

Electric

ICE

EV Payback Period Calculator

How long will it take the BMW iX1 to pay for itself?

Cash

Lease

BMW iX1

Purchase Price

$

ICE Vehicle

Purchase Price

$

BMW iX1

Down Payment

$

Monthly Payment

$

ICE Vehicle

Down Payment

$

Monthly Payment

$

Claim EV Incentives

$

How long until the BMW iX1 breaks even?

EV Return on Investment (ROI)

$K
$K
$K
$0
−$K
−$K
−$K
EV ROI
Y0
EV ROI
Y1
EV ROI
Y2
EV ROI
Y3
EV ROI
Y4
EV ROI
Y5

Year	EV	ICE	EV ROI
0
1
2
3
4
5

The BMW iX1 will pay for itself right away. will pay for itself in years. won’t pay for itself in 5 years. It costs less more upfront (after accounting for in EV incentives), and saves about in fuel each year. Monthly lease payments are lower higher for the EV compared to the ICE car. Your net cost savings in five years will reach approximately . remain negative.

These estimates are based on current conditions and don't include things like gas and electricity prices changing, or car maintenance and insurance costs.

Save More with EV Incentives

Explore rebates, tax credits, grants and other benefits.

Federal EV Charger Tax Credit
Category: Tax Benefits Individuals in low-income communities and non-urban areas who purchase qualified residential EV charger after January 1, 2023, may receive a tax credit of up to $1,000.

In order to qualify, individuals need to be located in low-income community census tracts or non-urban census tracts as defined in IRS Notice 2024-20.
Learn More
Federal Tax Credit for Pre-Owned Electric Vehicles
Category: Tax Benefits Pre-owned all-electric vehicles purchased in 2023 or after may be eligible for a federal income tax credit. The credit equals 30% percent of the sale price up to a maximum credit of $4,000. The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. Also, you can't apply any excess credit to future tax years.

The vehicle must be purchased from a dealer, have a sale price of $25,000 or less, and must have a model year two years prior to the current calendar year.
Learn More
Federal Tax Credit for New Electric Vehicles
Category: Tax Benefits All-electric vehicles purchased new in 2023 or after may be eligible for a federal income tax credit of up to $7,500. The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. Also, you can't apply any excess credit to future tax years.

The availability of the credit will depend on several factors: Vehicle's MSRP, Final assembly location, Battery component and/or critical minerals sourcing, Taxpayer’s modified adjusted gross income (AGI).
Learn More

Explore Your State Incentives

Discover what incentives you can access in your state with our interactive EV incentives map.

Explore EV Incentives

How long until the BMW iX1 breaks even?

Federal EV Charger Tax Credit

Federal Tax Credit for Pre-Owned Electric Vehicles

Federal Tax Credit for New Electric Vehicles