How Much Does a Used BMW i8 Cost? Pricing, Specs & Reviews
If you’re in the market for a used BMW i8, you probably have questions about pricing, availability, features and real owner experiences. As a cutting-edge plug-in hybrid sports car, the i8 commands premium pricing even on the used market. But deals can be found with the right research.
This complete guide to BMW i8 pricing will give you all the details on what to expect when shopping for a used model. We’ll cover:
- Current used BMW i8 pricing by year and mileage
- Inventory levels and body styles available
- Standard and optional features compared by trim
- Owner reviews and reliability ratings
- Pros and cons of buying used vs new
Plus plenty of examples of real deals on used BMW i8 models nationwide. Read on to learn if purchasing a pre-owned i8 fits your budget.
Used BMW i8 Pricing: How Much Does a Used i8 Cost?
Used BMW i8 pricing currently ranges from around $45,998 for a higher mileage 2014 model up to $99,999 for a nearly new 2020 coupe. With an original MSRP of $135,000 to $163,000 when new, purchasing used can mean significant savings.
On average, you can expect to budget $63,930 for a used BMW i8 based on current listings. But there are deals to be found for less, especially on earlier model years.
Used BMW i8 Pricing by Year
Pricing for used BMW i8 models generally correlates to the vehicle year, with more recent model years costing more. Here are the starting prices you can expect by model year currently:
- 2020 used BMW i8: $73,995
- 2019 used BMW i8: $64,444
- 2017 used BMW i8: $57,431
- 2016 used BMW i8: $45,998
- 2015 used BMW i8: $49,995
- 2014 used BMW i8: $52,999
As you can see, there is significant savings versus buying new. For example, a new 2020 BMW i8 had an MSRP starting price of $147,500. But today you can find a used 2020 model starting around $73,995.
Mileage and Condition Impacts on Used BMW i8 Pricing
Along with the model year, mileage and overall condition have a major impact on used BMW i8 pricing. Lower mileage and better condition command higher prices:
- Under 30,000 miles – $64,000 average price
- 30,000-60,000 miles – $58,000 average price
- Over 60,000 miles – $55,000 average price
One owner vehicles and those with no accidents also sell for more than i8 models with multiple owners or accident history. Extra options like leather seats and upgraded stereos add value as well.
When researching used BMW i8 pricing, be sure to compare miles, history and equipment levels. That can explain differences in pricing between similar model years.
Used BMW i8 Inventory: How Many Are for Sale?
Used BMW i8 inventory is relatively limited due to its status as a low-production specialty model. But there are always hundreds of used i8 models for sale nationwide.
According to listings sites, you can expect to find:
- 74 used BMW i8 models available nationwide
- Models include both the coupe and convertible roadster body styles
- Inventory levels vary by region, with more selection in metro areas
California, Florida and the Northeast currently have the highest used BMW i8 inventory. But even in lower volume areas, you should be able to find 5-10 used models for sale within a reasonable distance.
Compared to luxury brands like BMW 3-Series or 5-Series, the i8 will have far fewer pre-owned options. But there are enough used i8s available to give you negotiating leverage and choices between multiple vehicles.
Used BMW i8 Versions and Standard Features
The BMW i8 has only been sold since the 2014 model year and received just a single generation redesign. All used i8 models will be from either the 1st generation produced from 2014-2020 or the current 2nd generation that debuted in 2020.
Used 1st generation BMW i8 (2014-2020)
The first generation i8 came in just a single basic trim level, with a limited option of the roadster convertible body style starting in 2018.
Standard features on all used 1st generation BMW i8 coupes and roadsters include:
- 230 horsepower twin-turbo 3-cylinder gas engine + electric motor (total 357 horsepower)
- 6-speed automatic transmission
- All-wheel drive
- 8.8-inch display screen
- Navigation
- Apple CarPlay/Android Auto
- Harman Kardon sound system
- Keyless entry and start
- Leather seats
- Automatic climate control
Used current generation BMW i8 (2021-present)
The refreshed i8 added more power and technology features when it launched in 2020 as a 2021 model year vehicle. Used current generation i8 models have:
- Upgraded hybrid powertrain with 369 horsepower
- Heated/ventilated front seats
- Enhanced driver assistance safety features
- Wireless charging and WiFi hotspot
- BMW Operating System 7.0
- Gesture controls -Remote software update capability
As you can see, the latest used i8 models offer more performance, luxury and tech over earlier generation pre-owned models. But at a higher price point.
Used BMW i8 Reliability and Owner Reviews
Reliability projections for the used BMW i8 are above average for the luxury hybrid sports car class. It earns a predicted reliability rating of 4 out of 5 from J.D. Power.
Owner reviews are also positive, with the i8 earning an overall rating of 4.2 out of 5 based on 98 reviews. Here’s a snapshot of owner feedback:
- Performance – 4.5 out of 5 stars – Owners rave about the quick acceleration and futuristic styling. The engine sounds draw praise as well.
- Comfort – 4 out of 5 stars – The i8 gets dinged slightly for tighter interior space than traditional coupes. But materials and seat comfort satisfy most.
- MPG – 4.5 out of 5 stars – Fuel efficiency earns high marks, with most owners achieving 20+ miles per gallon in hybrid mode.
- Reliability – 4 out of 5 stars – Only minor issues reported so far. Long-term reliability remains unknown.
- Tech Features – 4.2 out of 5 stars – Mostly positive reviews of the tech and infotainment features. Some learning curve noted.
In the notoriously unreliable exotic sports car segment, the i8 stands out for strong projected reliability and owner satisfaction. There are few problem areas or painful repairs reported in reviews.
Pros and Cons of Buying a Used BMW i8
Pros
- Significant savings over new – Used models are 30-50% less than original MSRP
- Advanced hybrid performance – Silent electric mode plus turbo power provides unique driving experience
- Head-turning styling – The i8 immediately stands out from any other car on the road
- High-end cabin materials – Open-pore wood, leather and carbon fiber cockpit
Cons
- Limited rear seat and cargo space – Coupe shape restricts interior roominess
- Short electric-only range – Just 15 miles before gas engine kicks on
- Higher maintenance costs – More complex hybrid components may cost more down the road
- Unknown long-term reliability – Too new to have definitive track record
The used BMW i8 makes sense for buyers wanting an exotic sports car with the latest technology. But interior space and range limitations rule it out as a practical daily driver. Make sure to test drive and shop thoroughly to find the right deal.
How to Find the Best Used BMW i8 Deals?
With the basics of used BMW i8 pricing and specs covered, here are some tips for finding the best deals:
- Compare miles and history – A higher mileage i8 may save you thousands over a lower mile example in similar condition
- Look at 1-2 year old models – Near new used i8s often include remaining factory warranty coverage
- Check for incentives – Some dealers offer additional incentives on certified pre-owned BMW models
- Shop nationally – The right i8 may be worth traveling or shipping from another region
- Get pre-approved financing – Improves negotiating strength and provides payment peace of mind
To illustrate current used BMW i8 deals, here are a few choice picks under $60,000:
- 2016 BMW i8 – $53,900 – Great price $5,885 below market; 40k miles; Auto Boutique in Columbus, OH
- 2015 BMW i8 – $55,511 – Good price with 31k miles; Faulkner BMW in Lancaster, PA
- 2019 BMW i8 – $59,900 – Fair price and 29k miles; Countryside Chrysler Dodge Jeep Ram in Jackson, GA
Should You Buy a Used or New BMW i8?
The used BMW i8 represents an attractive alternative to purchasing new. You can save $40,000-$80,000 over current 2022 new model pricing while still getting a highly advanced hybrid sports car.
But if you want the latest performance and tech upgrades or maximum factory warranty coverage, a new i8 could be worth the premium. Low financing rates can also help offset the higher monthly payment on a new purchase.
When deciding between used vs new, consider your budget flexibility, how long you plan to own the car, and your driving habits. Leasing is another option on new i8 models that reduces risk while enjoying the latest updates.
Current Deals on New BMW i8 Models
For those open to buying new, here are a few of the best current deals on new 2022-2023 BMW i8 inventory:
- Chapman BMW in Philadelphia, PA – $5,000 off MSRP on 2023 i8 coupe
- BMW of San Diego, CA – 1.9% APR financing for 60 months on new i8
- BMW of Monrovia, CA – Lease a 2023 i8 for $899/month with $0 down
As demand for the i8 remains high, any discount or incentive can represent major savings. Don’t hesitate to request quotes from multiple dealers to get their best pricing.
Conclusion: Is the Used BMW i8 a Smart Buy?
In the exotic hybrid sports car world, the pre-owned BMW i8 stands out as an intriguing option. Its unique styling, gas/electric powertrain and positive owner feedback make it a used car worth considering.
While not cheap, you can find used BMW i8 coupes and roadsters priced from the mid $40,000s to low $60,000s. That’s for models just a few years old with reasonable miles. With strong projected reliability and manageable maintenance, a used i8 could deliver low-stress exotic car ownership.
By following the tips in this guide, you can score an excellent used BMW i8 deal. Just be sure to evaluate your budget, intended use and ownership timeline to make the right choice. For the right buyer, the pre-owned i8 represents an unrivaled combination of cutting-edge performance, head-turning style and long-term value.