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2024 BMW i4 vs. 2023 Tesla Model 3

2024 BMW i4

2024 BMW i4

vs.

2023 Tesla Model 3

$52,200 MSRP

Starting Price

$40,240 MSRP
Four

Available Trims

Three
Up to 276 miles

Starting Range

Up to 272 miles
5.8 seconds

Starting 0-60 Acceleration

5.8 seconds
Standard

Wireless Apple CarPlay®/Android Auto™

Not Available
Any Local Electric Charging Station

DC Fast Charging Availability

Tesla Supercharging Stations Only

 

When thinking about electric cars, many Cary drivers think of Tesla. As a pioneer in the electric vehicle market, Tesla was one of the first car manufacturers to sell exclusively EVs, becoming renowned for their long driving ranges and cutting-edge tech. But with other brands like the luxury-focused BMW creating more competition, is Tesla still the gold standard of electric cars? Find out as BMW of Southpoint compares two efficient sedans, the 2024 BMW i4 and the 2023 Tesla Model 3, in the breakdown below. 

View New BMW i4 InventoryContinue Your Research

 

BMW i4 vs. Tesla Model 3: Prices & Trims

One of the first considerations in any BMW i4 vs. Tesla Model 3 comparison is cost. As a luxury brand, the BMW i4 does start at a slightly higher price but remains competitive with the Tesla Model 3 by offering more trims with variable performance, comfort, and technology. See the difference between the BMW i4 and Tesla Model 3 trims and starting MSRPs below.

2024 BMW i4 Trims & Starting MSRPs:

  • 2024 BMW i4 eDrive35: $52,200 MSRP
  • 2024 BMW i4 eDrive40: $57,300 MSRP
  • 2024 BMW i4 xDrive40: $61,600 MSRP
  • 2024 BMW i4 eDrive35: $69,700 MSRP

2023 Tesla Model 3 Trims & Starting MSRPs:

  • 2023 Model 3: $40,240 MSRP
  • 2023 Model 3 Long Range: $47,240 MSRP
  • 2023 Model 3 Performance: $53,240 MSRP

It’s important to note that, while the 2024 BMW i4 has a higher price across the lineup, it also comes with several features not available in the Tesla Model 3. For instance, smartphone connectivity is limited in the Model 3 to Bluetooth connectivity, while the BMW i4 comes standard with wireless Apple CarPlay® and Android Auto™, giving you more control over your infotainment system and phone on your Chapel Hill journeys. Other features you can’t find in the Tesla Model 3 that are offered by the BMW i4 include a Harman Kardon surround sound system, three-zone climate control, and a head-up display.

BMW i4 vs. Tesla Model 3: Range & Charging

Long electric range and accessible charging are must-haves for any modern EV sedan, especially for those with long commutes out of Raleigh. In this instance, either the 2024 BMW i4 or the 2023 Tesla Model 3 can provide substantial range for your daily drives. See the full list of ranges by configuration for each model below.

2024 BMW i4 Range by Configuration:

  • 2024 BMW i4 eDrive35: Up to 276 miles
  • 2024 BMW i4 eDrive40: Up to 301 miles
  • 2024 BMW i4 xDrive40: Up to 307 miles
  • 2024 BMW i4 eDrive35: Up to 269 miles

2023 Tesla Model 3 Range by Configuration:

  • 2023 Model 3: Up to 272 miles
  • 2023 Model 3 Long Range: Up to 333 miles
  • 2023 Model 3 Performance: Up to 315 miles

That said, long driving ranges are only half of the equation– the other half is charging. The biggest difference between the BMW i4 and Tesla Model 3 in regards to charging is that, while the BMW i4 can charge at any public DC Fast Charging Station, the Tesla Model 3 is restricted to Tesla Supercharging Stations without an optional adapter. This limits the places you can charge while on the go, forcing you to plan longer trips based on charging locations your Tesla is compatible with or risk losing power.

Test Drive the BMW i4 at BMW of Southpoint Today!

While the Tesla Model 3 is impressive, it can’t beat the luxury and ease of use of the BMW i4! See all the features of the sophisticated BMW i4 for yourself when you contact BMW of Southpoint to set up a test drive in Durham. When you’re ready to switch to electric, our team will give you the rundown on how to prepare your home for an EV so you can hit the roads with confidence behind the wheel of your electric BMW.

 

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Hendrick Vehicle Disclaimer:

$899.00 Dealer Administrative Fee included in advertised price.

All prices exclude all taxes, tag, title, registration fees and government fees. Out of state buyers are responsible for all taxes and government fees and title/registration fees in the state where the vehicle will be registered. All prices include all manufacturer to dealer incentives, which the dealer retains unless otherwise specifically provided. Dealer not responsible for errors and omissions; all offers subject to change without notice; please confirm listings with dealer.

All vehicles may not be physically located at this dealership but may be available for delivery through this location. Transportation charges may apply. Please contact the dealership for more specific information. All vehicles are subject to prior sale.

Additional Disclaimers:

The BMW Ultimate Care Oil Services plan includes unlimited oil and oil filter changes for three years for $249.00 plus taxes and disposal fees where applicable. The need for included services are prompted by the vehicle’s Condition Based Service (CBS) system. For non-CBS vehicles, annual low-mileage oil changes are included as outlined in your BMW Maintenance Booklet. Available for all BMW vehicles that have reached 60 months or 60,000 miles but have not yet exceeded 240 months / 20 years and have no current Ultimate Care+ coverage. Plan is also available for purchase for vehicles that have reached at least 54 months and are currently covered by the BMW Ultimate Care Scheduled or BMW Ultimate Care+2 coverage. All work must be performed by an authorized BMW Center. Please see your authorized BMW Center for additional details pertaining to all programs. All work is carried out by BMW Trained Technicians using Original BMW Parts, which come with a two-year unlimited mileage limited warranty. Warranty repairs do not constitute an extension of the original limited warranty period for the vehicle or a part thereof. Each program and its pricing are subject to change.

Available on new, in-stock 2026 7-Series and i7 models. Offers available to qualified customers who lease or finance through BMW Financial Services NA, LLC. Loyalty offer limited to customers who have owned or leased a BMW model in the last 12 months. In order to qualify for a BMW Loyalty Credit, loyal current or former BMW owners or lessees must show proof of ownership or BMW Financial Services NA, LLC account number and qualify for credit approval. Must take delivery by November 30th, 2026. Availability of Loyalty Credits are subject to dealer participation. Visit your authorized BMW Center for important details.

Valid on 2026 BMW i4 eDrive40 models. Through November 30, 2026, 3.99% APR financing for up to 24 monthly payments of $43.42 for every $1,000 financed, and 3.99% APR financing for up to 60 monthly payments of $18.41 for every $1,000 financed is available from participating BMW Centers to well qualified customers who meet BMW Financial Services NA, LLC credit requirements. No down payment required for well qualified customers. Not all customers will qualify for down payment waiver or lowest rate. Other rates and payment terms available. All offers are subject to dealer participation. Offers valid through November 30, 2026. Visit your authorized BMW Center for important details. Available Purchase Credit of $3,750 off MSRP for well qualified buyers.

Valid on 2026 BMW X3 30 xDrive models. Through November 30, 2026, 0.9% APR financing for up to 24 monthly payments of $42.06 for every $1,000 financed, and 0.9% APR financing for up to 60 monthly payments of $17.05 for every $1,000 financed is available from participating BMW Centers to well qualified customers who meet BMW Financial Services NA, LLC credit requirements. No down payment required for well qualified customers. Not all customers will qualify for down payment waiver or lowest rate. Other rates and payment terms available. All offers are subject to dealer participation. Offers valid through November 30, 2026. Visit your authorized BMW Center for important details.

APR: Valid on 2027 BMW X1 xDrive28i models. Through November 30, 2026, 0.9% APR financing for up to 24 monthly payments of $42.06 for every $1,000 financed, and 0.9% APR financing for up to 60 monthly payments of $17.05 for every $1,000 financed is available from participating BMW Centers to well qualified customers who meet BMW Financial Services NA, LLC credit requirements. No down payment required for well qualified customers. Not all customers will qualify for down payment waiver or lowest rate. Other rates and payment terms available. All offers are subject to dealer participation. Offers valid through November 30, 2026. Visit your authorized BMW Center for important details. Lease: Advertised lease offer is a national advertisement intended to be available on new 2027 BMW X1 xDrive28i models from participating BMW Centers through BMW Financial Services NA, LLC, to customers who meet BMW Financial Services' credit requirements. Dealer sets actual sale price and may add additional fees and charges. Advertised lease payment is calculated based on Manufacturer’s Suggested Retail Price for vehicle as shown and does not necessarily represent the dealer’s actual sale price. Offer not valid in Puerto Rico. Advertised monthly lease payments of $479 per month for 39 months is based on an adjusted capitalized cost of $41,695 (MSRP of $47,750, including destination and handling fee of $1,350, less $3,175 capitalized cost reduction, $0 security deposit, suggested dealer contribution of $1,900, and Lease Credit of $1,000). Actual MSRP and dealer contribution may vary and could affect your monthly lease payment. Cash due at signing includes $3,175 capitalized cost reduction, $479 first month's payment, $925 acquisition fee and $0 security deposit. Lessee responsible for insurance during the lease term, excess wear and tear as defined in the lease contract, $0.25/mile over 32,500 miles, plus disposition fee of up to $495 (not to exceed an amount permissible by law) at lease end. Not all customers will qualify for security deposit waiver. Tax, title, license, registration and any dealer fees and charges (if any) are additional amounts that are due at signing. Advertised monthly payment does not include applicable taxes. Purchase option price at lease end is $26,740, plus the purchase option fee disclosed in the lease contract. Additional tax, title, and government fees may also apply. Offer valid through November 30, 2026 and may be combined with other offers unless otherwise stated. Models pictured may be shown with metallic paint and/or additional accessories. Visit your authorized BMW Center for important details.

APR: Valid on 2026 BMW X3 30 xDrive models. Through November 30, 2026, 0.9% APR financing for up to 24 monthly payments of $42.06 for every $1,000 financed, and 0.9% APR financing for up to 60 monthly payments of $17.05 for every $1,000 financed is available from participating BMW Centers to well qualified customers who meet BMW Financial Services NA, LLC credit requirements. No down payment required for well qualified customers. Not all customers will qualify for down payment waiver or lowest rate. Other rates and payment terms available. All offers are subject to dealer participation. Offers valid through November 30, 2026. Visit your authorized BMW Center for important details. Lease: Advertised lease offer is a national advertisement intended to be available on new 2026 BMW X3 30 xDrive models from participating BMW Centers through BMW Financial Services NA, LLC, to customers who meet BMW Financial Services' credit requirements. Dealer sets actual sale price and may add additional fees and charges. Advertised lease payment is calculated based on Manufacturer’s Suggested Retail Price for vehicle as shown and does not necessarily represent the dealer’s actual sale price. Offer not valid in Puerto Rico. Advertised monthly lease payments of $549 per month for 39 months is based on an adjusted capitalized cost of $48,595 (MSRP of $55,650, including destination and handling fee of $1,350, less $3,825 capitalized cost reduction, $0 security deposit, suggested dealer contribution of $2,230, and Lease Credit of $1,000). Actual MSRP and dealer contribution may vary and could affect your monthly lease payment. Cash due at signing includes $3,825 capitalized cost reduction, $549 first month's payment, $925 acquisition fee and $0 security deposit. Lessee responsible for insurance during the lease term, excess wear and tear as defined in the lease contract, $0.25/mile over 32,500 miles, plus disposition fee of up to $495 (not to exceed an amount permissible by law) at lease end. Not all customers will qualify for security deposit waiver. Tax, title, license, registration and any dealer fees and charges (if any) are additional amounts that are due at signing. Advertised monthly payment does not include applicable taxes. Purchase option price at lease end is $31,721, plus the purchase option fee disclosed in the lease contract. Additional tax, title, and government fees may also apply. Offer valid through November 30, 2026 and may be combined with other offers unless otherwise stated. Models pictured may be shown with metallic paint and/or additional accessories. Visit your authorized BMW Center for important details.

Valid on New, in-stock 2026 BMW X5 sDrive40i, xDrive40i, and xDrive50e models. Excludes X5 M and X5 M Competition models. Available Purchase Credit of $1,000 off MSRP for well qualified buyers.Through November 30, 2026, available from participating BMW Centers to well qualified customers who meet BMW Financial Services NA, LLC credit requirements. No down payment required for well qualified customers. Not all customers will qualify. All offers are subject to dealer participation. Offers valid through November 30, 2026. Visit your authorized BMW Center for important details.

APR: Valid on 2026 BMW X5 xDrive40i models. Through November 30, 2026, 0.9% APR financing for up to 24 monthly payments of $42.06 for every $1,000 financed, and 0.9% APR financing for up to 60 monthly payments of $17.05 for every $1,000 financed is available from participating BMW Centers to well qualified customers who meet BMW Financial Services NA, LLC credit requirements. No down payment required for well qualified customers. Not all customers will qualify for down payment waiver or lowest rate. Other rates and payment terms available. All offers are subject to dealer participation. Offers valid through November 30, 2026. Visit your authorized BMW Center for important details. Available Purchase Credit of $1,000 off MSRP for well qualified buyers. Lease: Advertised lease offer is a national advertisement intended to be available on new 2026 BMW X5 xDrive40i models from participating BMW Centers through BMW Financial Services NA, LLC, to customers who meet BMW Financial Services' credit requirements. Dealer sets actual sale price and may add additional fees and charges. Advertised lease payment is calculated based on Manufacturer’s Suggested Retail Price for vehicle as shown and does not necessarily represent the dealer’s actual sale price. Offer not valid in Puerto Rico. Advertised monthly lease payments of $869 per month for 39 months is based on an adjusted capitalized cost of $66,100 (MSRP of $76,250, including destination and handling fee of $1,450, less $5,135 capitalized cost reduction, $0 security deposit, suggested dealer contribution of $3,015, and Lease Credit of $2,000). Actual MSRP and dealer contribution may vary and could affect your monthly lease payment. Cash due at signing includes $5,135 capitalized cost reduction, $869 first month's payment, $925 acquisition fee and $0 security deposit. Lessee responsible for insurance during the lease term, excess wear and tear as defined in the lease contract, $0.25/mile over 32,500 miles, plus disposition fee of up to $495 (not to exceed an amount permissible by law) at lease end. Not all customers will qualify for security deposit waiver. Tax, title, license, registration and any dealer fees and charges (if any) are additional amounts that are due at signing. Advertised monthly payment does not include applicable taxes. Purchase option price at lease end is $39,650, plus the purchase option fee disclosed in the lease contract. Additional tax, title, and government fees may also apply. Offer valid through November 30, 2026 and may be combined with other offers unless otherwise stated. Models pictured may be shown with metallic paint and/or additional accessories. Visit your authorized BMW Center for important details.

APR: Valid on 2026 BMW 330i Sedan models. Through November 30, 2026, 0.9% APR financing for up to 24 monthly payments of $42.06 for every $1,000 financed, and 0.9% APR financing for up to 60 monthly payments of $17.05 for every $1,000 financed is available from participating BMW Centers to well qualified customers who meet BMW Financial Services NA, LLC credit requirements. No down payment required for well qualified customers. Not all customers will qualify for down payment waiver or lowest rate. Other rates and payment terms available. All offers are subject to dealer participation. Offers valid through November 30, 2026. Visit your authorized BMW Center for important details. Lease: Advertised lease offer is a national advertisement intended to be available on new 2026 BMW 330i Sedan models from participating BMW Centers through BMW Financial Services NA, LLC, to customers who meet BMW Financial Services' credit requirements. Dealer sets actual sale price and may add additional fees and charges. Advertised lease payment is calculated based on Manufacturer’s Suggested Retail Price for vehicle as shown and does not necessarily represent the dealer’s actual sale price. Offer not valid in Puerto Rico. Advertised monthly lease payments of $459 per month for 39 months is based on an adjusted capitalized cost of $46,665 (MSRP of $53,900, including destination and handling fee of $1,350, less $3,575 capitalized cost reduction, $0 security deposit, suggested dealer contribution of $2,660, and Lease Credit of $1,000). Actual MSRP and dealer contribution may vary and could affect your monthly lease payment. Cash due at signing includes $3,575 capitalized cost reduction, $459 first month's payment, $925 acquisition fee and $0 security deposit. Lessee responsible for insurance during the lease term, excess wear and tear as defined in the lease contract, $0.25/mile over 32,500 miles, plus disposition fee of up to $495 (not to exceed an amount permissible by law) at lease end. Not all customers will qualify for security deposit waiver. Tax, title, license, registration and any dealer fees and charges (if any) are additional amounts that are due at signing. Advertised monthly payment does not include applicable taxes. Purchase option price at lease end is $30,723, plus the purchase option fee disclosed in the lease contract. Additional tax, title, and government fees may also apply. Offer valid through November 30, 2026 and may be combined with other offers unless otherwise stated. Models pictured may be shown with metallic paint and/or additional accessories. Visit your authorized BMW Center for important details.

APR: Valid on 2027 BMW X7 xDrive40i models. Through November 30, 2026, 0.9% APR financing for up to 24 monthly payments of $42.06 for every $1,000 financed, and 0.9% APR financing for up to 60 monthly payments of $17.05 for every $1,000 financed is available from participating BMW Centers to well qualified customers who meet BMW Financial Services NA, LLC credit requirements. No down payment required for well qualified customers. Not all customers will qualify for down payment waiver or lowest rate. Other rates and payment terms available. All offers are subject to dealer participation. Offers valid through November 30, 2026. Visit your authorized BMW Center for important details. Lease: Advertised lease offer is a national advertisement intended to be available on new 2027 BMW X7 xDrive40i models from participating BMW Centers through BMW Financial Services NA, LLC, to customers who meet BMW Financial Services' credit requirements. Dealer sets actual sale price and may add additional fees and charges. Advertised lease payment is calculated based on Manufacturer’s Suggested Retail Price for vehicle as shown and does not necessarily represent the dealer’s actual sale price. Offer not valid in Puerto Rico. Advertised monthly lease payments of $969 per month for 39 months is based on an adjusted capitalized cost of $82,980 (MSRP of $97,100, including destination and handling fee of $1,550, less $8,235 capitalized cost reduction, $0 security deposit, suggested dealer contribution of $3,885, and Lease Credit of $2,000). Actual MSRP and dealer contribution may vary and could affect your monthly lease payment. Cash due at signing includes $8,235 capitalized cost reduction, $969 first month's payment, $925 acquisition fee and $0 security deposit. Lessee responsible for insurance during the lease term, excess wear and tear as defined in the lease contract, $0.30/mile over 32,500 miles, plus disposition fee of up to $495 (not to exceed an amount permissible by law) at lease end. Not all customers will qualify for security deposit waiver. Tax, title, license, registration and any dealer fees and charges (if any) are additional amounts that are due at signing. Advertised monthly payment does not include applicable taxes. Purchase option price at lease end is $51,463, plus the purchase option fee disclosed in the lease contract. Additional tax, title, and government fees may also apply. Offer valid through November 30, 2026 and may be combined with other offers unless otherwise stated. Models pictured may be shown with metallic paint and/or additional accessories. Visit your authorized BMW Center for important details.

APR: Through November 30, 2026, 2.49% APR financing for up to 72 months is available on 2022-2024 BMW Certified Pre-Owned iX models. A 72 month finance contract for a 2022-2024 BMW Certified Pre-Owned iX model, and an APR of 2.49%, requires 72 monthly installments of $14.97 per $1,000 financed. No down payment is required for well qualified customers. Offer valid through 11/30/2026. Offer available from participating BMW Dealers to eligible, qualified customers with excellent credit history who meet BMW Financial Services NA, LLC credit requirements. Not all customers will qualify for the lowest rate or down payment waiver. Other rates and terms available. All offers subject to vehicle availability. Payment Deferral: Delayed first payment is not available in PA or ME. Interest will accrue during 90-day period to first payment and will be due prior to maturity of the contract. This offer is available on all model-year 2021-2024 CPO BMW models with 36-to-72-month retail contracts financed through BMW Financial Services NA, LLC, excluding Select contracts. To be eligible, qualified customers must have excellent credit history and meet BMW Financial Services’ credit requirements. Not all customers will qualify. Other rates and terms available. All offers subject to vehicle availability. Offer valid through 11/30/2026.

"Additional terms and conditions: 60 manufacturer savings + $60 additional BMW Tire Center savings = $120 Prepaid Mastercard® with purchase of four eligible Bridgestone, Continental, Michelin, or Pirelli tires. $80 Prepaid Mastercard with purchase of four eligible Goodyear tires. Contact center for details regarding eligible tires. Submit your claim online at www.tireoffers-center.com with offer code 2026-106B or mail claim form and a copy of your invoice to receive a Prepaid Mastercard in the amount of $120 or $80 on valid purchases made between October 1, 2026, and December 31, 2026. Invoices must clearly indicate the tire brand and part number. Limit one mail-in offer per qualifying purchase. Only two rebates per household. Offer available only at participating US BMW centers. Offer valid for US residents only. Completed rebate form must be postmarked or submitted online no later than January 31, 2027, and received no later than February 28, 2027. Any submissions received after February 28, 2027, will not be honored, acknowledged, or returned. BMW or its authorized centers or tire manufacturers are not responsible for noncomplying rebate claim submissions or for electronic data submission errors, lost, late, illegible, postage-due, or undeliverable mail. Online claims will receive a confirmation of submission, please retain this confirmation. Void where taxed, restricted, or prohibited by law. All decisions made by the sponsor (or its authorized representatives) relating to the validity of any submissions are final and binding. This promotion is subject to all federal, state, and local laws and regulations. Rebate paid in the form of a Prepaid Mastercard. Card will be sent to customer’s provided address within 8–10 weeks after receipt of this completed rebate form and copy of original invoice. See authorized BMW center about tire manufacturers’ limited warranty. Images may be computer generated. Card/Virtual card is issued by Pathward®, N.A., Member FDIC, pursuant to license by Mastercard International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. No cash access or recurring payments. Card can be used where Debit Mastercard is accepted. Virtual card can be used where Debit Mastercard is accepted online, for phone/mail orders or in stores that accept mobile wallet. Card/Virtual card valid for up to 6 months; unused funds will forfeit after the valid thru date. Terms and conditions apply"

Well-qualified customers who purchase a new, used, or certified pre-owned vehicle, 4 model years or newer with less than 60K miles between November 2, 2026 and December 31, 2026, and finance through a participating dealer and lender have the option to defer monthly payments for 90 days from contract date. Excludes Hendrick Performance vehicles. Finance charges begin to accrue on the date you sign the Retail Installment Sale Contract at the Annual Percentage Rate (APR) disclosed in the contract. May not be combined with other preferred lender financing offers. 75 months maximum term limit. Equal monthly payments only. Not available to Pennsylvania residents; see your dealer for details. Must take retail delivery by December 31, 2026. See dealer for complete down payment and interest rate options and details. Financing available to qualified buyers. Some exclusions apply. See dealer for complete details.

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