BMW's First Electric Vehicle Offered as $499 Monthly Lease

BMW ActiveE BMW announced lease pricing and final specifications for the brand’s first electric vehicle, the ActiveE. The model will go on sale to select customers this fall for $499 a month for 24 months with $2,250 due at signing. The reservation process will begin late this summer.

By comparison, Nissan offers the Leaf for $349 a month for 36 months with $1,999 due at signing. Since the BMW is more luxurious and has a more powerful electric motor, the price difference seems palatable and compares favorably to leasing a 135i for $399 a month for 36 months.

Unlike the Leaf or Ford Focus Electric, the ActiveE will only be leased, and sold in limited numbers. BMW will start shipping 700 of the EVs this fall in the following markets: Los Angeles, San Diego, San Francisco, Sacramento, New York, Boston and Connecticut.

The ActiveE builds on the success of the Mini E, another EV being leased for field trials in New York and Los Angeles. Right now, 450 people are leasing Mini Es in America. Unlike the Mini E, the ActiveE can seat four people and has about 7 cubic feet of cargo space; the battery pack in the Mini E took up backseat space.

The ActiveE is powered by a 170-horsepower electric motor generating 184 pounds-feet of torque to drive the rear wheels. The motor is powered by a lithium-ion battery that gives the car a range of up to 100 miles per charge. Charging the ActiveE can take four to five hours, which is quicker than the Leaf’s eight hours and on par with the Ford Focus Electric. BMW notes that one hour of charging can garner up to 25 miles of range, with a 240-volt charger under certain conditions.

The BMW can accelerate from zero to 60 mph in less than 9 seconds and has an electronically limited top speed of 90 mph. BMW says the handling and acceleration of the ActiveE will be similar to that of a normal gas-powered 1 Series.

Like the Leaf, Focus Electric and Chevrolet Volt, the ActiveE comes with a mobile application, called My Remote, that can precondition the cabin.

While the ActiveE is a production vehicle, the car remains prototype-like, and owners will be contributing to a real-life field trial as they pilot and pay for their ActiveEs. The process will undoubtedly help BMW launch its new all-electric brand, called "I," in 2013, with the i3.

Comments 

Zack

The people at Tesla motors are probably giggling when they look at this piece of junk that takes 9 seconds to hit 60. The Tesla roadster only takes 3.9 seconds to hit 60. Even the Prius will outperform this car. BMW is so backward and behind the curve and to top it off that is one ugly car. BMW builds the ultimate slow, ugly, unreliable and inefficient vehicles.

Randy

Zack most people that are concerned with electric cars don't buy electric cars or hybrids. This car presents real value for someone looking for a nice electric only vehicle.

Zack

BMW Active E motor: 184 pound feet of torque
2nd Gen. Prius Elec. motor: 295 pound feet of torque.
Prius costs a fraction of the BMW active e.

ralstondoe


Millions of drivers are breaking the law with no insurance because they don't know this about "Auto Insurance Clearance" you can find cheap insurance

Just noticed those disappointing performance specs on the BMW E.. BMW better have a pretty good promotional offer in order to compete with either the Volt or Prius.

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