Your Next EV Could Be a BMW iX, Thanks to CarMax’s Offerings
Electric vehicles (EVs) are increasingly popular, yet their used versions are experiencing steep depreciation. This trend might be good news for those seeking to purchase a used EV at a reduced price. One such opportunity involves the BMW iX, which is now available at a discount on CarMax.
The BMW iX Sees Significant Depreciation
The 2023 BMW iX, a midsize luxury electric SUV, originally launched with a starting MSRP of $84,100. However, due to depreciation, these vehicles are listed on CarMax for under $50,000. This significant price drop occurs just three years after the BMW iX’s debut in June 2022.
CarMax offers several options for this model, some with mileage as low as 40,000 miles, starting at $44,998.
Considering a Used 2023 BMW iX
Performance-wise, the 2023 BMW iX delivers 516 horsepower and 564 pound-feet of torque, with a range of 324 miles on a full battery when new. It features all-wheel drive, Apple CarPlay/Android Auto, an 18-speaker Harman Kardon stereo system, heated front seats, a leather-wrapped steering wheel, and a head-up display.
CNET, known for product reviews, praises the iX’s “gorgeous interior design” and describes it as a “spectacular new entry in BMW’s electric car portfolio.” Meanwhile, Edmunds highlights the vehicle’s “roomy and comfortable interior,” “quick acceleration,” and “daring interior design.”
Is the 2023 BMW iX a Viable Option?
The BMW iX’s initial price is considerably higher than the average new vehicle cost of about $50,000, as noted by Cox Automotive. Despite this, a used 2023 BMW iX can be acquired for less than this average, with many models maintaining relatively low mileage.
The vehicle’s driving range, exceeding 300 miles, helps alleviate range anxiety—a common concern among EV owners. Its charging capabilities include a CCS port that allows it to recharge from 10% to 80% in approximately 35 minutes using a DC fast charger, according to BMW’s technical data.
However, recharging from 0% to full can take up to 11 hours with standard home or public chargers, necessitating a robust charging plan. This plan may involve installing a home charger or relying on accessible public charging stations.
For those willing to integrate regular charging into their routines, the BMW iX stands out as a refined and powerful choice, notably affordable as a used model. However, potential buyers must be prepared to adapt to the demands of EV ownership, including charging logistics.
Original Story at www.usatoday.com