- Home
- BMW
- BMW i8
- Used 2015 BMW i8
- Cost to Own
Used 2015 BMW i8 Cost to Own
Total 5-Year Ownership Costs
i8 Coupe
2dr Coupe AWD (1.5L 3cyl Turbo gas/electric hybrid 6A)
True Cost to Own
N/A*
Total Cash Price
N/A
Data for 2015 i8 Coupe 2dr Coupe AWD (1.5L 3cyl Turbo gas/electric hybrid 6A) is not available.
*Based on a 5-year estimate with 15,000 miles driven per year.
Shop nowLearn about the 2015 i8True Cost To Own®
Edmunds.com's True Cost to Own® (TCO®) is proprietary data that helps you estimate the total five-year cost of buying and owning a vehicle — including some items you may not have taken into consideration. A benefit of using our TCO® tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice.
The components of TCO® are depreciation, interest on financing, taxes and fees, insurance premiums, fuel, maintenance, repairs and any federal tax credit that may be available. In order to estimate certain mileage-dependent costs, we assume that vehicles will be driven 15,000 miles per year. For a used vehicle, we calculate the years the vehicle has been driven using the nominal difference between the current calendar year and the vehicle's model year, and assume that it was driven 15,000 miles during each of those years.
Note that TCO® is a comparative tool, not a predictive tool — your actual five-year cost of owning a particular vehicle will vary depending on your personal circumstances, such as your driving history and the number of miles you drive.
How We Calculate True Cost to Own®
The True Cost to Own® calculations use the following set of assumptions:
- Ownership expenses are estimated for a five-year period
- You will drive 15,000 miles per year
- You are financing the vehicle using traditional financing, not lease financing
- You have an above-average credit rating for the purpose of determining your finance rate
- You are making a 10% down payment on the vehicle at purchase
- Your loan term is 60 months
Using proprietary formulas, we calculate the five-year costs for the seven cost categories that make up the TCO® (depreciation, insurance, financing, taxes & fees, fuel, maintenance and repairs). We also take into account any applicable federal tax credit.
Explanation of True Cost to Own® Terms
Total Cash Price
For new vehicles, the Total Cash Price displayed is the vehicle's True Market Value® (TMV®) price plus typically equipped options, destination charge, base tax and fees assessed by your state, and, if applicable, gas guzzler tax; less any widely available manufacturer-to-customer cash rebates. (However, we do not account for other types of cash rebates or incentives because of the variability of those offers and their eligibility requirements.) For used vehicles, the Total Cash Price shown is the sum of the vehicle's Private Party TMV® price in "clean" condition plus typically equipped options, and base tax and fees assessed by your state.
Depreciation
This is the amount by which the value of a vehicle declines from its purchase price to its estimated resale value. The purchase price employed is the vehicle's Total Cash Price, minus any taxes and fees included in that amount. We estimate the resale value assuming the vehicle will be in "clean" condition, will be driven 15,000 miles per year, and will be sold to a private party.
Insurance
This is the estimated average annual insurance premium in your state. The premium has been determined based on annual premium data for defined driver profiles and coverages (liability, comprehensive and collision) from a major national insurer. While this information is specific to vehicle make, model, model year and body type, your personal information is not taken into consideration and could greatly alter the actual premium quoted by an insurer. Factors that will affect your rate include your age, marital status, credit history, driving record, and the garaging address of your vehicle.
Financing
This is the interest expense on a loan in the amount of the Total Cash Price, assuming a 10% down payment and a loan term of 60 months. The interest rate used is the prevailing rate that banks and other direct automotive lenders are currently charging consumers in your geographic region who have above average credit scores.
Note: Even if you do not finance your vehicle, the inclusion of financing cost in determining True Cost to Own® is still appropriate because it reflects the estimated "opportunity cost" (i.e., the amount you may earn) if you invest the Purchase Price instead of using it to purchase the vehicle.
Taxes & Fees
This consists of the base sales (or use) taxes, license and registration fees in your state, and gas guzzler tax if applicable. These taxes and fees are often based on a percentage of the purchase price, and generally decrease as the vehicle ages and loses its value.
Note: the state sales/use tax rate that we use includes the average local and county taxes assessed in that state.
Fuel
This expense is based on the revised EPA mileage ratings, assuming consumption consists of 45% highway and 55% city driving and that the vehicle is equipped with the transmission that is standard equipment for that vehicle. Cost estimates are based on the current one-year moving average of self-service prices in your state, using regular unleaded gasoline for vehicles whose manufacturers require regular; premium unleaded gasoline for vehicles whose manufacturers recommend or require premium; or diesel fuel for diesel vehicles.
Maintenance
This is the estimated expense of the two types of maintenance: scheduled and unscheduled. Scheduled maintenance is the performance of factory-recommended items at periodic mileage and/or calendar intervals. Unscheduled maintenance includes wheel alignment and the replacement of items such as the battery, brakes, headlamps, hoses, exhaust system parts, taillight/turn signal bulbs, tires and wiper blades/inserts. Estimated tire replacement costs are supplied to Edmunds.com by The Tire Rack, Inc.
Repairs
This is the estimated expense for repairs not covered by the vehicle manufacturer's warranties over the five years from the date of purchase, assuming 15,000 miles are driven annually. We estimate this expense based on the cost of a typical "zero deductible" extended warranty for the vehicle, minus the estimated amount of that cost that consists of the warranty provider's overhead and profit.
Federal Tax Credits
This is the tax credit that is provided for under the Energy Policy Act of 2005. A tax credit is subtracted directly from the total amount of federal tax you owe. The tax credit is for electric fuel vehicles.
The credit is only available to the original purchaser of a new, qualifying vehicle, and is subject to certain "phase out" rules that we take into consideration when computing TCO®. If a qualifying vehicle is leased to a consumer, the leasing company may claim the credit.
Edmunds Insurance Estimator
The Edmunds TCO® estimated monthly insurance payment for a 2015 BMW i8 in Virginia is:
not availableRelated Used 2015 BMW i8 info
Shop used vehicles in your area
- Used Audi A6 2007
- Used Lexus CT 200H 2014
- Used Certified Pre Owned Toyota Rav4
- Used Jaguar E-PACE 2018
- Used Nissan Quest 2014
- Used Volkswagen Golf GTI 2009
- Used Mercedes-Benz GLS-Class 2014
- Used Subaru Outback 2002
- Used BMW 6 Series 2006
- Used Ford Shelby GT350 2015
Popular new car reviews and ratings
- 2022 A4
- Toyota GR86 2022
- GMC Terrain 2022
- 2022 Toyota RAV4 Prime
- BMW M5 2022
- 2022 Kia Stinger
- 2023 Kia Stinger News
- 2022 Rio
- 2023 Toyota Highlander Hybrid News
- 2021 Toyota Highlander Hybrid
Other models to consider
- 2022 X7
- 2021 i3
- BMW Z4 2022
- 2022 2 Series
- 2022 BMW 4 Series Gran Coupe
- 2022 BMW X6 M
- 2021 BMW X6
- 2022 BMW 4 Series
- 2021 BMW 4 Series
- 2022 ALPINA B7
Research similar vehicles
- Audi R8 2022
- 2022 Lexus LC 500
- Nissan GT-R 2021
- 2022 Jaguar F-TYPE
- 2022 M4
- Porsche 911 2022
- 2022 Ford Shelby GT500
- 2022 Toyota GR Supra
- Lexus RC 350 2022
- Chevrolet Corvette 2021
Other models
- New Volkswagen Golf-R for Sale in Pittsburg, CA
- New Chevrolet Silverado-1500 for Sale in Elmhurst, IL
- New Mazda CX-30 for Sale in Poway, CA
- New Kia Forte for Sale in Portland, OR
- New BMW 7-Series for Sale in East Providence, RI
- New Mercedes-Benz Sprinter for Sale in Jersey City, NJ
- New Audi A7 for Sale in Baldwin Park, CA
- New Audi A6-Allroad for Sale in Burlington, NC
- New Mini Countryman for Sale in Apache Junction, AZ
- New Lexus GX-460 for Sale in Sammamish, WA
- New Toyota Rav4-Prime for Sale in Racine, WI
- New Audi TTS for Sale in Portage, MI
- New Volvo C40-Recharge for Sale in Auburn, WA
- New Chevrolet Silverado-3500Hd for Sale in Moorhead, MN
- New Ford F-250-Super-Duty for Sale in Schenectady, NY
- New Jeep Grand-Cherokee for Sale in Rogers, AR
- New Ford Maverick for Sale in Dublin, OH
- New Volvo S90 for Sale in Sheboygan, WI
- New Kia Stinger for Sale in Modesto, CA
- New BMW X6 for Sale in Vista, CA
- New Nissan Rogue for Sale in High Point, NC
- New Audi S4 for Sale in Gaithersburg, MD
- New BMW X3-M for Sale in Bloomington, IN
- New Land-Rover Discovery-Sport for Sale in Hoboken, NJ
- New Audi SQ7 for Sale in Walnut Creek, CA
- New Ford Expedition for Sale in Monroe, LA
- New Lincoln Corsair for Sale in Leominster, MA
- New Jaguar F-Pace for Sale in Franklin, TN
- New Subaru Ascent for Sale in Indio, CA
- New Cadillac Escalade-Esv for Sale in West New York, NJ