BMW will provide a $7,500 purchase credit off the MSRP for its electric and electrified vehicles in October, following the expiration of the federal EV tax credit on September 30. This incentive covers BMW’s entire lineup, including premium models like the 2025 i7 M70, which has an MSRP of $169,675.
BMW’s electric vehicle lineup begins with the i4 four-door coupe, priced from $57,900, and extends to the top-tier i7 full-size sedan, with the M70 version reaching up to $168,500. Mid-range options include the i5 midsize sedan, starting at $67,100, and the iX midsize SUV, from $75,150. The $7,500 purchase credit is exclusively available to buyers who finance through BMW Financial Services and is valid until October 31, with vehicle delivery also required by the date.
BMW is also offering 2.99% APR financing for 60 months on select electric models throughout October. Eligible trims include the i4 eDrive40, i4 xDrive40, i4 M50, i5 M60, i7 eDrive50, i7 eDrive60, and i7 M70. In addition, qualifying customers who lease or finance through BMW can receive a $2,000 loyalty credit, while those purchasing the i7 may receive up to $5,000. To be eligible, customers must have leased or owned a BMW within the past 12 months and must provide proof of ownership or lease.
BMW has consistently topped J.D. Power’s EV satisfaction surveys in recent years, and the company aims to keep that momentum going with its latest round of incentives. Industry analysts note that the effectiveness of automaker incentives like BMW’s will be closely monitored as the EV market adjusts to the phase-out of federal subsidies.
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