Anyone planning to drive the new BMW ActiveHybrid 7 has been boosted by news that the vehicle will qualify for a substantial tax credit.
The US Internal Revenue Service has determined that the car will earn a $900 credit under the Alternative Motor Vehicle provision.
The vehicle, which combines an electric motor with BMW’s 4.4litre twin-turbo V8 and a new eight-speed automatic transmission, is available from $103,125. It can accelerate from 0-60mph in a mere 4.7seconds and delivers impressive fuel economy with estimates of 17mpg city and 26mph highway – that’s a near 18 per cent improvement compared to the non-hybrid 750i/Li.
Both the standard and long-wheel base versions of the ActiveHybrid7 will qualify for the credit – becoming the fourth and fifth BMW models to do so. Already qualifying are the ActiveHybrid X6, the BMW Advanced Diesel 335d and the X5 xDrive35d.
The first BMW ActiveHybrid7 models have already started to arrive at US BMW centres.
