BMW built the same car for gas and electric. The EV is $4,400 cheaper.

BMW has introduced a groundbreaking 2027 3 Series model, available in both gas and electric configurations. Remarkably, the electric variant of this vehicle is priced $4,400 lower than its gas-powered counterpart. The gas engine option, the M350 xDrive, will set consumers back $65,900, whereas the electric i3 50 xDrive is available for $61,500.

Neither price includes destination charges. Despite both models being similarly powerful, styled, and targeted at comparable budgets, the electric version boasts a 6.7% cost advantage.

While there are cheaper gas-powered 3 Series trims, none have an electric equivalent yet. The 2027 BMW 330, priced at $49,900, and its upgraded xDrive trim costing $51,900, serve as benchmarks for comparison. Interestingly, the electric i3 and the gas 3 Series are constructed on unique platforms; the i3 benefits from BMW's latest chassis and technology, while the gas-powered 3 Series utilizes an upgraded version of an existing platform.

For the average consumer, the most significant distinction lies in the charging or refueling experience. However, these two aspects are more akin to each other than some may assume. The gas 3 Series is projected to offer a range similar to previous models, approximately 450 miles per tank when in all-wheel-drive mode. Conversely, the electric i3 can travel 468 miles on a single charge.

BMW emphasizes that the vehicle's fast charging capability allows it to replenish 208 miles of range in just 10 minutes. The practical impact of this difference may be negligible for most drivers.

Traditionally, EVs have been more expensive upfront, even if their total cost of ownership is lower. However, this narrative is changing as EVs are now gaining an advantage in purchase price as well.