Video Summary
The BMW i3 is the electric vehicle leader in depreciation.In the USA, they have sold 37,000 units and in Canada 1200 units.
For comparison, the Nissan Leaf has sold 100,000 units in the USA and 5000 in Canada.
Tesla, which is thrice as expensive as the i3, has sold 140,000 units in the USA and 6000 units in Canada.
Tesla has a 60% market share.
Within 5 years, the i3 has lost close to 70% of its original value.
This car is second worse in depreciation, after the 7 Series.
The starting MSRP is $44,450 in the USA with a mediocre range.
The range of the BMW i3 is 120 kilometers on a single charge,
A Hyundai Kona offers a better range.
BMW didn't consider North Americans and their needs when making the car. They considered Europeans that average only 6,000 miles a year.
It has a 4-star safety rating in Europe.
The i3 overall rating are lower than the other best-selling plug-in EVs.
Positive aspects include light weight, futuristic interior, and an eye-catching exterior.
Negative aspects include very low safety ratings, small interior, hard to find parts, and not many manufacturers make them.
Many dealerships have a hard time selling it due to it not being desirable.
Because the price does not justify the car, this car is not meant for day-to-day drives. It is possibly better suited as a weekend car.
It's recommended that you get a warranty for this car.
