BMW i5 eDrive40 (electric) cost to own in Maryland — the true 5-year total
The BMW i5 eDrive40 (electric) starts at $67,100. As of July 1, 2026, over 5 years, owning one (EV) costs about $93,435 in Maryland — $1,557/month, $1.56/mile — including depreciation, charging (with the ~12% AC charging loss most calculators ignore), maintenance, insurance, financing and fees. That's $40,955 less than a comparable Land Rover Range Rover P400 SE over the same 5 years. Maryland's electricity (22.1¢/kWh) is 17% above the U.S. average, and gas runs $3.74/gal here — both fed straight into the numbers above. The federal $7,500 EV credit expired Sept 30, 2025 and is not applied.
BMW i5 eDrive40 (electric) · Maryland · 5-year estimate$93,435 total · $1,557/mo · $1.56/mi
Where the money goes
| Cost component | Electric · BMW i5 eDrive40 | Gas · Land Rover Range Rover |
|---|---|---|
| Depreciation (estimated) | $46,970 (50%) | $69,906 (52%) |
| Charging / fuel | $6,847 (7%) | $12,477 (9%) |
| ↳ of which charging loss | 12% (~$822) | — |
| Maintenance | $3,480 (4%) | $9,480 (7%) |
| Insurance | $22,855 (24%) | $21,180 (16%) |
| Financing interest | $12,055 (13%) | $20,744 (15%) |
| Registration & fees | $1,228 (1%) | $603 (0%) |
| Total cost of ownership | $93,435 | $134,390 |
The charging-loss row is the ~10–15% of electricity lost to AC charging that you pay for but never reaches the battery — we include it; most calculators don't.
BMW i5 eDrive40 (electric) specs & assumptions
- Starting MSRP
- $67,100manufacturer base
- Powertrain
- Electric
- Efficiency
- 35 kWh/100miEPA
- Range
- 310 miEPA
- Maryland electricity
- 22.1¢/kWhEIA
- Annual miles (assumed)
- 12,000adjustable in tool
Compare the BMW i5 eDrive40 (electric) against any car, your miles & your state
What else moves your BMW i5 eDrive40 (electric) cost
The 5-year total already folds in depreciation, charging, insurance, maintenance and financing. Here's how the biggest levers work — and the ones that sit outside the total.
- Financing. Borrow the full $67,100 at a typical 7.2% new-car APR over 60 months and interest alone adds about $13,000. Lower the APR or add a down payment in the calculator and the total drops — financing is in the 5-year figure above.
- Insurance. This model averages about $4,571/yr to insure — roughly $2,371/yr more than a comparable gas car ($2,200/yr), as EV parts and repairs tend to cost more — our own estimate, calibrated to Insurify/Bankrate 2026, and already in the total above.
- Home charger. A Level 2 home charger is a one-time $500–$2,000 installed (depends on your panel and wiring) — not in the total above, but it pays back fast versus public fast-charging.
- Tires. EVs are heavier and make instant torque, so tires can wear ~20% faster — a real running cost most comparisons skip. We fold a higher maintenance rate for EVs into the total.
- Where you charge. Public DC fast-charging can cost 2–3× your home rate. The total assumes 80% home charging; if you can't charge at home, lower that share in the calculator to see the real cost.
Cost to charge the BMW i5 eDrive40 (electric) at home
A full charge of the BMW i5 eDrive40 (electric) costs about $21, and it runs about $8.78 per 100 mi at home — versus about $12.48 for a typical 30 mpg gas car. Home charging only (the ~12% AC charging loss is included); public DC fast-charging is billed per session by each network — often 2–3× the home rate — and isn't in these figures.
- Full charge (84.3 kWh usable)
- $21pack ÷ (1 − 12% loss) × $0.22/kWh
- Per 100 mi at home
- $8.7835 kWh/100mi + 12% charging loss × $0.22/kWh
- A typical 30 mpg gas car
- $12.48/100miat $3.74/gal — for comparison
Recalls & reliability record — i5
Official U.S. National Highway Traffic Safety Administration (NHTSA) safety record for the i5, MY 2024–2026. Figures cover all powertrains and trims sold under the i5 nameplate for the model years shown. A recall means a free remedy is available at no cost. Source: NHTSA (nhtsa.gov), data as of .
Recalls (7)
- Service Brakes
The Integrated brake system will be inspected and, if necessary, replaced, free of charge.
- Electrical System
The electric drive motor software will be updated over-the-air (OTA) or by a dealer, free of charge.
- Electronic Stability Control (Esc)
Dealers will replace the integrated brake system, free of charge.
- Electrical System
Dealers will replace the high-voltage battery module, free of charge.
- Electronic Stability Control (Esc)
Dealers will replace the integrated brake system, free of charge.
- Forward Collision Avoidance
Dealers will update the external artificial sound generator software, free of charge.
- Electrical System
Dealers will inspect and reattach the ground connection as necessary, free of charge.
Consumer complaints
NHTSA has 26 consumer complaints on file for the i5 (MY 2024–2026). The most-reported areas: Service Brakes, Electrical System, Forward Collision Avoidance. Complaints are unverified reports submitted by consumers to NHTSA.
BMW i5 eDrive40 (electric) head-to-head comparisons
The 5-year cost gap against the cars buyers cross-shop:
← BMW i5 eDrive40 (electric) cost (U.S. average)