RUNNING COSTS.
For BMW BEVs, the biggest savings can come from running costs, with home charging typically offering the most economical rate depending on suppliers. In the UK, charging at home can be very cost-effective, especially when charging during off-peak hours. Real-world figures vary by tariff and supplier, but many BMW BEV owners see costs that are 10% - 20% less than a diesel vehicle*.
For more information on electric running costs, enter your average mileage, fuel and electricity costs into our handy calculator to see what you could save by making the switch: BMW Electric & Plug-In Hybrid Cost Savings Caculator
ELECTRIC CAR MAINTENANCE COSTS.
ROAD TAX AND GOVERNMENT CHARGES.
In the UK, BEVs have benefited from reduced tax, and the total tax remains favourable for many electric BMW owners. As of recent updates, BEV taxation has changed, however, electric vehicles generally remain economical on annual costs than many petrol or performance variants when considering total cost of ownership.
Our BMW Park Lane team offers comprehensive guidance on total cost of ownership for its BEVs, including current VED considerations, company car tax implications, and qualifying reliefs where applicable.
CONGESTION CHARGES AND CLEAN AIR ZONES.
The Ultra Low Emission Zone (ULEZ) came into operations in 2019. ULEZ was introduced to improve air quality by discouraging drivers with unsuitable vehicles from entering the most polluted areas of London.
Since 2019, ULEZ has expanded across all London boroughs. If you make a short trip inside the ULEZ zones using a vehicle that doesn't meet the ULEZ emission standards, you need to pay a daily charge, this also includes residents within the ULEZ zone. However, all BMW vehicles are ULEZ compliant, and you do not need to pay the ULEZ charge if you are parked inside the zone and don't drive.
A Congestion Charge is a daily fee charged for driving a vehicle within Central London during set hours. The government introduced this to reduce traffic congestion and improve air quality in the city centre. All vehicles, including BEVs must pay the Congestion Charge if you drive within the Congestion Charging Zone during the charging times. BEVs pay the daily charge of £18. However, there is a 25% discount on the daily charge for electric cars registered on Auto Pay, the discounted charge will not apply**.
*ULEZ and Congestion Charge are subject to change.
BMW ELECTRIC WARRANTY.
BMW provides battery warranties, including coverage for degradation, which helps preserve resale value and post-warranty costs. The BMW Electric Warranty offers three years unlimited mileage cover from date of first registration. The warranty for your BMW electric vehicle also includes BMW Roadside Assistance and protection for the high voltage battery failure, or from excessive loss of battery capacity for up to eight years from first registration or 100,000 miles, whichever comes first†.
*Road tax and government charges, ULEZ and Congestion Charge are subject to change.
**For more information regarding Congestion Charge, please visit the TFL website for more information on: https://tfl.gov.uk/modes/driving/congestion-charge/congestion-charge-changes?intcmp=55487
***The Government Electric Car Grant of £3,750 is not exclusive to BMW and is provided by the UK Government. The following new BMW vehicles are eligible for the Grant: iX1 eDrive20 Sport, iX1 eDrive20 xLine, iX1 eDrive20 M Sport, iX2 eDrive20 Sport, iX2 eDrive20 M Sport. The Grant is available for vehicles, including specifications, up to £42,000. You can view the UK Government's eligibility criteria here: https://www.gov.uk/plug-in-car-van-grants. If the vehicle you are buying is eligible, the Retailer will deduct the Grant from the purchase price of the vehicle.
†For full terms and conditions, please visit BMW.co.uk for more information or refer to your Vehicle Warranty, MOT Protect & Roadside Assistance Handbook issued at vehicle point of sale.
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EV Charging and Infrastructure In London.FIND BMW Park Lane
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Phone
- 0370 700 5216
London, including surrounding areas Westminster, Kensington, Mayfair and Knightsbridge
Address
- 70 Park Lane, London, W1K 7TT
Opening Hours
- Mon–Fri:09:00 - 18:00
- Sat:Closed
- Sun:Closed
Phone
- 0370 700 5216
London, including surrounding areas Westminster, Kensington, Mayfair and Knightsbridge