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The new BMW iX3 costs nearly $1,000 a month to lease
BMW has opened preorders for the 2027 iX3 50 xDrive starting at $61,500, significantly undercutting competitors like the Porsche Macan Electric ($80,300) and Mercedes EQS ($89,950). However, the lease payment estimator shows $915.52 per month (36 months, $2,500 down, 10,000 miles/year), which is higher than the slightly more expensive Genesis Electrified GV70 ($890/month) and much higher than the Tesla Model Y ($551/month). The iX3 offers impressive specs: a 108.7 kWh battery delivers up to 434 miles of range and 400 kW charging capability (10% to 80% in 21 minutes). The vehicle features BMW's Neue Klasse interior with a 17.9-inch infotainment system and Panoramic Vision HUD. Deliveries are scheduled to begin September 25. While the iX3 is competitively priced as a purchase, the lack of lease incentives makes it less attractive on monthly payments. BMW may need to introduce incentives to stay competitive in the luxury EV segment, especially against Tesla and Genesis which already offer substantial lease bonuses.
MonitorConfidence: MediumShort term horizon
Published 11 May 2026, 21:25 UTC2 min read
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Summary
TL;DR
- 2027 BMW iX3 50 xDrive starts at $61,500, cheaper than many rivals including Porsche Macan Electric and Mercedes EQS.
- Lease estimate is $915.52/month with $2,500 down for 36 months, 10,000 miles per year.
- Range up to 434 miles on a single charge with 20-inch summer tires.
- Fast charging: 10% to 80% in ~21 minutes, with 400 kW peak charging rate.
- Genesis Electrified GV70 leases for $890/month, Tesla Model Y for $551/month with same terms.
- BMW offers up to $5,000 loyalty bonus on current EVs but no incentives on the iX3 yet.
- Deliveries begin September 25, 2026.
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