BMW i5 and 5-Series Forum

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      01-22-2024, 07:35 AM   #23
rereynol
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Originally Posted by robfen View Post
The i5 m60 price here is very close to the i7 price and of course to the taycan.

It's hard to justify

I ended up ordering the 550e as it was 20,000 euro less, which in itself is a huge jump!

The 550e is stll expensive..
I don’t understand the pricing outside of the USA. If I want a similarity performing and equipped Taycan, it costs about $130K here while an I5 M60 costs about $97K (both before incentives - eg a $7,500 lease incentive is available from BMW). Meanwhile, the lowest end I7 is about $105k (doesn’t perform as well as the I5 M60), but the I7 M70 (similar performance) costs at least $150K to start.

Can someone explain why the UK pricing is so out of whack? Also, can we please acknowledge the Taycan does not cost the same. If it did, I would have bought one! I tried!
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      01-22-2024, 07:46 AM   #24
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In the U.K., car prices seem to have shot up a considerable amount in general over the last couple of years

Mind you so did used prices but I think a large correction is now taking place

Harry mentions the large discount already on offer but even so , these g60 are expensive

As I mentioned the list price between the outgoing g30 and g60 is quite noticeable
Even my optioned up 2023 m550 is less then a base i5m60 and I’m comparing these 3 as they seem at least to me to be the equivalent. Ie top non m , m “lite” with similar performance

The m60 appears to be the same to 62mph as thr m550 although it’s top speed is less (irrelevant real world unless you have access to an autobahn)

Wouldn’t mind seeing a drag race between these 2 for fun. I would expect the ev to be fastest off the line .

Back to prices, it will be interesting to see what the car is actually worth in 3 years .
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      01-22-2024, 08:40 AM   #25
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Originally Posted by AP View Post
Back to prices, it will be interesting to see what the car is actually worth in 3 years .

Thats why I leased mine and grabbed the $7,500 lease incentive. The range will get better and I didn’t want to get caught holding the bag!
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      01-22-2024, 09:35 AM   #26
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For those who don't know Harry Metcalfe, he is a well-known automotive journalist and insider. His reviews on high-end vehicles are highly regarded as they carry a sense of expertise and authenticity.

Firstly, Harry addresses the M60's representation of luxury. While the build and design are not of poor quality, they do not entirely justify the steep price tag in the UK. He even suggests that diesel or plug-in hybrids have a more balanced value proposition.

Secondly, he has a point concerning this generation of EVs, which are disposable products that suffer from significant depreciation. Today's battery technology has yet to meet the high standards for true-performance vehicles. This is crucial, especially for a brand like BMW, known for its sporty and dynamic cars. He points out that BMW acknowledges this with the announcement of the Neue Klasse platform. The essence of sports cars is in their weight and agility – they need to be lighter to deliver the expected performance.

Harry's review of the M60 is an honest approach. It is a reminder that even top manufacturers are still finding their footing in the rapidly evolving world of EVs.
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      01-22-2024, 09:59 AM   #27
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Originally Posted by WillyFast View Post
For those who don't know Harry Metcalfe, he is a well-known automotive journalist and insider. His reviews on high-end vehicles are highly regarded as they carry a sense of expertise and authenticity.

Firstly, Harry addresses the M60's representation of luxury. While the build and design are not of poor quality, they do not entirely justify the steep price tag in the UK. He even suggests that diesel or plug-in hybrids have a more balanced value proposition.

Secondly, he has a point concerning this generation of EVs, which are disposable products that suffer from significant depreciation. Today's battery technology has yet to meet the high standards for true-performance vehicles. This is crucial, especially for a brand like BMW, known for its sporty and dynamic cars. He points out that BMW acknowledges this with the announcement of the Neue Klasse platform. The essence of sports cars is in their weight and agility – they need to be lighter to deliver the expected performance.

Harry's review of the M60 is an honest approach. It is a reminder that even top manufacturers are still finding their footing in the rapidly evolving world of EVs.
Honest approach? He spends 70% of the video whining about buttons, sounds and govt mandated warnings. Then he spends 5% acknowledging how fast and well it drives. If he had anything close to as balanced a summary as you provide above, I’d give him a pass.
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      01-22-2024, 10:11 AM   #28
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Here’s the BMW pricing across the i4, 5 and 7 - if you line up the non M and the M pricing it all follows the same pattern as the US and follows a similar progression. If anything the take away to me is how expensive the i7 M70 is!

Harry may be a well-known reviewer, but I still think this one was off target. Obviously I’m an i5 owner, but still, things like spending time complaining about digital art mode are not useful.
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      01-22-2024, 11:48 AM   #29
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Originally Posted by RichardInCA View Post
Here’s the BMW pricing across the i4, 5 and 7 - if you line up the non M and the M pricing it all follows the same pattern as the US and follows a similar progression. If anything the take away to me is how expensive the i7 M70 is!

Harry may be a well-known reviewer, but I still think this one was off target. Obviously I’m an i5 owner, but still, things like spending time complaining about digital art mode are not useful.
Do you have a similar pricing chart for the Porsche Taycan in the UK? and the MB EQE/EQS? I think that would be interesting as these two vehicles are likely the 'natural' competitors to the i5 M60.
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      01-22-2024, 11:51 AM   #30
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Quote:
Originally Posted by rereynol View Post
I don’t understand the pricing outside of the USA. If I want a similarity performing and equipped Taycan, it costs about $130K here while an I5 M60 costs about $97K (both before incentives - eg a $7,500 lease incentive is available from BMW). Meanwhile, the lowest end I7 is about $105k (doesn’t perform as well as the I5 M60), but the I7 M70 (similar performance) costs at least $150K to start.

Can someone explain why the UK pricing is so out of whack? Also, can we please acknowledge the Taycan does not cost the same. If it did, I would have bought one! I tried!
I was in the similar situation here in Canada. The Taycan 4s was easily 30-40k different in terms of price when compared to the i5. While the Taycan 4s does have it's advantages over the i5, it also has it's own disadvantages. Again, at least in Canada, the i5 doesn't objectively seen over expensive compared to its' competitors.
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      01-22-2024, 11:55 AM   #31
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Quote:
Originally Posted by syslakm View Post
Do you have a similar pricing chart for the Porsche Taycan in the UK? and the MB EQE/EQS? I think that would be interesting as these two vehicles are likely the 'natural' competitors to the i5 M60.
No I just went to BMW’s UK website, presumably possible to do the same for Porsche/MB….gotta focus on what pays me to get new EV’s right now ;-)
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      01-22-2024, 12:07 PM   #32
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Fair enough,

A quick google search turned out this pricing.

I have to say, that for the UK, if you can find a Taycan 4s close to base price, the BMW i5 M60 does seem potentially overpriced!
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      01-22-2024, 12:08 PM   #33
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The reason why UK price seems so much higher compared to US price is because it's inclusive of 20% VAT; whereas in the US is pre-tax. The gap is smaller when you reduce 20% from the UK price.
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      01-22-2024, 12:11 PM   #34
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Quote:
Originally Posted by SkykingUSA View Post
I think you are spot-on here. I looked at a number of electric vehicles before deciding on the i5, and the main reason I went with the i5 is because of the luxurious feel in the cabin compared to most other electric vehicles, and the fact that it doesn't look like a spaceship on the outside. I don't want a futuristic looking vehicle, I just want a modern looking vehicle with an electric powertrain. I think that's what BMW is delivering with these i4 and i5 cars.
We are on the same page. Fuel is extremely expensive. I was paying $6 per gallon for premium this past summer while my husband was charging his F-150 Lightning Platinum at home for 10 cents/kWh. I had been shopping EVs a year before he bought his Lightning. Drove a lot of them. My requirements were good handling, not just fast in a straight line, luxury interior without being forced to buy ‘vegan’. I know it is a greener option, but I like leather. I also wanted something that looked like a proper car. Not something a teenager would drool over. I’ve outgrown those boy racer cars I loved in my 20’s. The i5 is a car for adults who want comfort.
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      01-22-2024, 12:13 PM   #35
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Well Harry is right to complain about the price of the i5 M60 in the UK, and also about the range of the car. I do not know why the UK prices are so incredibly high at the moment. UK BMW prices used to be much lower then BMW prices in Germany, but now they are about 20% higher even then the prices in the German domestic market - which is already one of the higher priced markets in Europe.

If you combine the UK price with the disappointing range i can see why Harry is not convinced on the i5 M60.

I actually was in doubt some months ago on changing my iX M60 order, to a i5 M60, expecting a car with more range then the iX, but stayed with the iX M60 as the iX M60 actually has more range then the i5 M60.....

And although i love my iX M60 i am already dissapointed a bit with the real world range of my iX M60 : in the past couple of weeks with cold temperatures i get less then 400 km (250 miles) on 100% charge. And the i5 M60 is even worse than that....

So i can understand the dissapointment a bit. EV's drive absolutely awesome, but range in winter is still a point that can use a lot of improvement
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      01-22-2024, 12:15 PM   #36
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Quote:
Originally Posted by robfen View Post
The i5 m60 price here is very close to the i7 price and of course to the taycan.

It's hard to justify

I ended up ordering the 550e as it was 20,000 euro less, which in itself is a huge jump!

The 550e is stll expensive..
The i7 is $50,000 more than the i5 in the US, the Taycan is $30,000 more. Not comparable here. Pricing is so different.
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      01-22-2024, 12:18 PM   #37
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He has all same reasons to hate X or 7 series.
LOL
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      01-22-2024, 12:20 PM   #38
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Quote:
Originally Posted by wagonallterrain View Post
The reason why UK price seems so much higher compared to US price is because it's inclusive of 20% VAT; whereas in the US is pre-tax. The gap is smaller when you reduce 20% from the UK price.
Yes, but in the US you can get rid of a lot of the tax. My trade was $40,000. That is subtracted from the price of the new car and tax is paid on the difference. This is because tax was already paid on the previous car (I believe). Also, if the UK stayed in the EU, would that have affected the tax?
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      01-22-2024, 12:28 PM   #39
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Quote:
Originally Posted by Scrapula View Post
Yes, but in the US you can get rid of a lot of the tax. My trade was $40,000. That is subtracted from the price of the new car and tax is paid on the difference. This is because tax was already paid on the previous car (I believe). Also, if the UK stayed in the EU, would that have affected the tax?
We have the same here in Canada, tax is added after your trade-in is subtracted from the overall price of the vehicle and you pay tax on the remaining amount.
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      01-22-2024, 12:29 PM   #40
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Quote:
Originally Posted by syslakm View Post
I was in the similar situation here in Canada. The Taycan 4s was easily 30-40k different in terms of price when compared to the i5. While the Taycan 4s does have it's advantages over the i5, it also has it's own disadvantages. Again, at least in Canada, the i5 doesn't objectively seen over expensive compared to its' competitors.
Same here, I looked at other models but they were significantly more expensive, at least for what I wanted, than the i5 M60 I purchased here in Canada.
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      01-22-2024, 02:15 PM   #41
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Quote:
Originally Posted by Scrapula View Post
We are on the same page. Fuel is extremely expensive. I was paying $6 per gallon for premium this past summer while my husband was charging his F-150 Lightning Platinum at home for 10 cents/kWh. I had been shopping EVs a year before he bought his Lightning. Drove a lot of them. My requirements were good handling, not just fast in a straight line, luxury interior without being forced to buy ‘vegan’. I know it is a greener option, but I like leather. I also wanted something that looked like a proper car. Not something a teenager would drool over. I’ve outgrown those boy racer cars I loved in my 20’s. The i5 is a car for adults who want comfort.
I guess all of the west coast got hit bad this past year with gasoline prices because we were also paying almost $6 per gallon in southern California, and that was at Sam's Club pricing.

We have solar panels on our roof which on average produces about 1 MWh per month so that also helps keep our electric rates down to about $0.14/kWh when we need grid power at all. It's clearly a way to save money on fuel for us.
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      01-23-2024, 12:48 AM   #42
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The other aspect is leasing. No way, no how, will you be able to lease a Taycan for anywhere near an i5. And same with the $7.5K credit. I was all set to get another X5, but for the same MSRP, it was $200+/month more expensive.
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      01-23-2024, 01:56 AM   #43
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Originally Posted by SkykingUSA View Post
I guess all of the west coast got hit bad this past year with gasoline prices because we were also paying almost $6 per gallon in southern California, and that was at Sam's Club pricing.
What should we say then? For us, Premium currently costs $8 per gallon.
Luckily I will then have > 40 mpg with may 520i. Hopefully.
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      01-23-2024, 03:27 AM   #44
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Originally Posted by OHV_44 View Post
What should we say then? For us, Premium currently costs $8 per gallon.
Luckily I will then have > 40 mpg with may 520i. Hopefully.
It's all relative I suppose, but it's still no fun paying $6/gallon when you know other areas in the country pay under $3/gallon. Hopefully your car will get excellent mileage!
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