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Up to $2,354/year
Federal Tax Credit
Up to $7,500
Additional state incentives may also be available. Tax credits may be complex and are subject to change without notice. While BMW of North America, LLC does its best to keep this information up-to-date, it cannot guarantee the current accuracy of your eligibility. We recommend consulting a tax professional to validate credit availability and eligibility.
Fuel savings are based on annual fuel cost calculation between 2022 BMW M4 Competition xDrive Convertible and 2022 BMW i4 M50. Assumptions: annual driving distance of 15,000 miles; share of 80% home charging/20% public charging (i4 M50); 18 mpg for M4 Competition xDrive Convertible (gas-powered) according to fueleconomy.gov; and i4 M50 at 270-mile EPA estimated range and 81.5 kWh high-voltage battery net capacity. Prices at time of calculation (February 2022): $3.86/gallon of gasoline (national grade average), home electricity rate $0.13/kWh (national average), DC Fast Public Charging Electrify America charger rate $0.43/kWh (see https://www.electrifyamerica.com/pricing). Fuel prices and home electricity rates based on US Energy Information Administration. Savings and fuel consumption may vary based on vehicle, share of home charging/public charging, driving style, driving conditions, fuel and electricity costs, accessory use, and ownership length.