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Cost to Own

2024 BMW I4 Cost to Own

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A 2024 BMW i4 will depreciate $31,084 after 5 years and have a 5-year residual value of $22,111. With out of pocket expenses at $39,555, the total Cost to Own of the 2024 BMW i4 is $70,639.

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The 2024 BMW i4 is in the middle 26-75% for Cost to Own among all Entry-level Luxury Cars.

5-Year Cost to Own: $70,639

What Does Cost to Own Include?

Fuel
Out of Pocket Expenses $39,555
5-year operating expenses like gas, insurance, interest, maintenance, repairs, and state fees.
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Depreciation
Depreciation (Loss in Value) $31,084
The car's estimated loss in value from the purchase date over 5 years.
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Out of Pocket + Depreciation = Cost to Own

When considering the cost of a car, it's important to look beyond the sticker price. Expenses like fuel, maintenance and insurance can add up quickly.

Sometimes a car with a higher initial price tag can actually save you money over the first five years of ownership. Understanding these differences can help you make a smarter financial decision and keep more money in your pocket.

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Cost to Own Comparison

5-Year Cost to Own includes out-of-pocket expenses like fuel, insurance, service & financing, plus the car's loss in value over time (depreciation).

2024 BMW i4 photo
2024 BMW i4

Cost to Own: $70,639

MSRP: $53,195

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BMW i4
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See Details
Total Out of Pocket Expenses
$39,555
-
-
Fuel
$2,290
-
-
Maintenance
$5,419
-
-
Insurance
$20,160
-
-
Repairs
$1,807
-
-
Financing
$6,198
-
-
State Fees
$3,681
-
-

Compare 5-Year Depreciation

2024 BMW i4
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5-year Cost to Own Breakdown

2024 BMW i4
Year 1
Year 2
Year 3
Year 4
Year 5
Total
Fuel
$440
$449
$458
$467
$476
$2,290
Insurance
$4,032
$4,032
$4,032
$4,032
$4,032
$20,160
Financing
$2,150
$1,718
$1,263
$785
$282
$6,198
State Fees
$3,557
$31
$31
$31
$31
$3,681
Maintenance
-
$724
$129
$4,566
-
$5,419
Repairs
-
-
-
$725
$1,082
$1,807
Depreciation
$18,450
$3,737
$3,378
$2,979
$2,540
$31,084
Cost To Own
$28,629
$10,691
$9,291
$13,585
$8,443
$70,639
2024 BMW i4 Cost to Own
5-Year Cost to Own includes out of pocket expenses like fuel, insurance, service & financing, plus the car’s loss in value over time (depreciation).
5-Year Depreciation:$31,084
5-Year Out of Pocket Expenses:$39,555
5-Year Cost to Own:$70,639
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FAQs

As of June 2025 insuring a BMW i4 2024 will cost approximately $20,160 dollars to insure per year, or $1,680 dollars per month. This amount can vary depending on factors like the age of the driver, driving record, credit rating, location of insured vehicle, vehicle trim and the company providing the insurance. For more information on insuring your vehicle, check out Kelley Blue Book.

As of June 2025 average annual maintenance costs for a BMW i4 2024 run about $1,083 dollars, totaling approximately $5,419 dollars over five years.

As of June 2025 average annual depreciation for a BMW i4 2024 runs about $6,216 dollars, totaling approximately $31,084 dollars over five years. It's worth noting that new vehicles depreciate most rapidly in the first couple years after purchase and that rate slows over time.

A BMW i4 2024 can be expected to depreciate around $31,084 dollars over the course of 5 years, averaging $6,216 dollars per year, with the most dramatic depreciation occurring in the first 2-3 years and tapering off thereafter. Factors impacting the depreciation value of the 2024 BMW include vehicle age, mileage, make and model, accident history, market demand, service history, and external market factors like gas prices. For a more detailed breakdown of vehicle value, check with the experts at Kelley Blue Book.

Average annual maintenance costs for a BMW i4 2024 run about $1,083 dollars or $5,419 dollars over the span of 5 years. For a more detailed cost breakdown, check out Kelley Blue Book's car maintenance pages for the 2024 BMW.

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