BMW iX M60

AFTER INCENTIVES

$97,600

MSRP

$105,100

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ESTIMATED INCENTIVES

$7,500

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Loan Payment

$1,893 / month

Down Payment

$11,561

10% of MSRP plus tax

ESTIMATED INCENTIVES

$7,500

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Lease Payment

$1,440 / month

FIRST LEASE PAYMENT

$13,001

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Incentives For Lease

$7,500

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TYPE

SUV

Minimum Seats

FUEL TYPE

BEV

ELECTRIC RANGE

288 miles

MILES PER 30 MIN OF FAST CHARGING

~ 57 miles

TIME TO CHARGE - LEVEL 2

~ 14 hr 25 min

BATTERY SIZE

111 kWh

CO2 EMISSIONS REDUCTION

18,653 lbs/yr

Trees Planted

389

Gasoline Saved

1,333 gal/yr

For more details including charts & calculations, please view this page on a desktop.

Compare the BMW iX M60 to a similar gas vehicle, the BMW X5 M.

We selected the BMW X5 M based on its proximity to the BMW iX M60 based on brand, size, and price.

Purchase Method

Miles Driven Per Year

20,000 miles

Years of Ownership/Lease

5 Years

Gasoline Price ($/gal)

$5.55

Assumptions

Sales Tax10.00%

Electricity Rate$0.107/kWh

Electricity rate is calculated as a blended rate based off an average household consumption of 700 kWh. To learn more, please click here.

Results have been updated as of 6/15/2022, 2:43:43 PM.

Cost to Fill Up Monthly

The BMW iX M60 is $538 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
BMW iX M60	$78	$0	$78
BMW X5 M	$0	$617	$617

Cost of Ownership

The BMW iX M60 is $44,741 cheaper to own over 5 Years

Description	BMW iX M60	BMW X5 M
Vehicle	$82,679	$90,952
Maintenance	$4,104	$8,238
Insurance	$12,169	$12,213
Electricity	$4,708	$0
Gasoline	$0	$37,000
Total	$103,661	$148,402

Cost to Breakdown

Compare the cumulative lifetime cost of the BMW iX M60 to a BMW X5 M

	BMW iX M60	BMW X5 M
Year 0	$97,600	$106,000
Year 1	$112,306	$128,090
Year 2	$116,503	$139,580
Year 3	$120,699	$151,070
Year 4	$124,895	$162,560
Year 5	$103,661	$148,402

Note: Breakeven chart assumes the vehicles are purchased in cash.

For more details including charts & calculations, please view this page on a desktop.

Up to $7,500 in federal and state tax incentives are available
for the BMW iX M60, plus additional home charger incentives.

Tax Credit

$7,500

Federal Tax Credit

Tax credit for the purchase of a new plug-in electric drive motor vehicle. Credit amount depends on the car's battery capacity.

Tax Exemption

Washington State EV Infrastructure Tax Exemption

Washington sales and use taxes do not apply to the labor and services for purchasing and installing EV infrastructure, including home charging stations.