EV Cost Savings & Benefits

As electric vehicles continue to enter the market, it’s no surprise that most Riverside drivers are familiar with the benefits of owning an EV. But, even with exciting performance, zero emissions, and a quiet ride, the one benefit that sticks out to many is the lower cost to own. While EVs may be slightly more expensive than traditional gas vehicles, their lower maintenance needs and fuel savings can add up. So, many want to know: how much money do you save with an EV?

Find out everything you need to know about the estimated BMW electric car fuel cost savings and how switching from gas to electric can bring you into a more sustainable future with BMW of Murrieta.

How Much Money Do You Save With an EV?

One of the biggest ways most people save money driving an electric vehicle in Corona is by cutting their fuel consumption. By skipping trips to the gas station and charging at home, electric car fuel cost savings can add up. As an example, if you replaced a traditional gas model that received a combined 22 mpg, drove about 10,000 miles a year, and charged at home in the Murrieta area, you could switch to these BMW electric models and potentially save:

• BMW i4 Gran Coupe: $102 a month / $6,119 over 5 years
• BMW iX SAV: $77 a month / $4,630 over 5 years
• BMW i7 Sedan: $92 a month / $5,524 over 5 years

The estimated EV cost savings above do not include the potential maintenance savings you can also enjoy! As electric vehicles don’t use a combustion engine, there are fewer moving parts to replace and maintain, allowing you to reduce your overall routine service needs and budget.

Benefits of Owning an EV: BMW Sustainability

While substantial EV cost savings are a big advantage that most Ontario customers will want to take advantage of, there are other environmental benefits of owning an EV made by BMW. In addition to reducing the amount of fuel and emissions driving your car creates, BMW has committed to reducing the environmental impact of our supply chain and production. Some of the ways BMW works towards this goal are through:

• Using responsibly sourced materials
• Minimizing CO2 emissions
• Using 100% renewable energy in all BMW Group production plants
• Working to eliminate rare-earth materials from their electric motors
• Recycling up to 96% of battery components
• Recycling 99% of waste from vehicle production

Enjoy Electric Car Fuel Cost Savings When You Switch to Electric With BMW of Murrieta!

So, how much money do you save with an EV made by BMW? Plenty! And you can feel good about your environmental impact both while driving and during production, too. When you’re ready to save with your next BMW EV, contact BMW of Murrieta and our team will put you on the path to a more cost-efficient, sustainable future.