• Aug 18, 2014
Here are some numbers. The standard BMW i8 starts at starts at $135,700. The first i8 in the US was auctioned off at the Pebble Beach Concours d'Elegance this past weekend and the auctioneers, Gooding & Company, said before the gavel was lifted the fist time that they expected the i8 with unique Frozen Grey Metallic and other upgrades to raise between $150,000 and $200,000 for the Pebble Beach Company Foundation. Turns out, the car eventually sold for $825,000 to an unnamed buyer.

Along with the honor of having the first i8 on these shores, the special plug-in hybrid comes with Dalbergia Brown leather upholstery, a set of Louis Vuitton luggage and something called a "professional edition" charging station along with laser headlights (subject to regulator approval).

A number of other i8s were delivered to a few wealthy car shoppers who managed to make their way to Pebble Beach over the weekend, including automotive guru Roger Penske and Nest CEO Tony Fadell. The special edition was presented at the auction by Jay Leno and BMW North America president and CEO, Ludwig Willisch. You can't put a price on that. Just kidding. You can, and it's apparently $825,000.


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    • 1 Second Ago
  • 12 Comments
      GoodCheer
      • 4 Months Ago
      If you've got $10B in investments returning 8%, then you make that much in a year. So there's your plan for getting an i8.
        Ryan
        • 4 Months Ago
        @GoodCheer
        You need to fire your accountant if you have $10B, making 8% and you only get $825,000. ;) I think $10 million might be only how much you need to make $825,000 in interest. Well maybe $12 million to have enough to pay the 15% taxes.
        EVnerdGene
        • 4 Months Ago
        @GoodCheer
        That would be a short-term capital gain - taxed as ordinary income on Fed and State returns. So if you are already in the top Fed bracket, 39.6%, and living in California - add another 13.3% So your total tax would be 52.9% Sucks being a 1%er and having to support 90% of the population, doesn't it ? http://taxfoundation.org/blog/top-1-percent-pays-more-taxes-bottom-90-percent (the evil ones that also provide most of the jobs)
          EVnerdGene
          • 4 Months Ago
          @EVnerdGene
          Marco, I have plenty of sympathy for those stuck in minimum wage jobs, and even more for the unemployed. (about 25% of late teens-early 20s can't get a job, and that number is closer to 50% for young minorities) Let's think about how the government causes both of these problems. 1. Importing cheap labor to take these jobs, by not enforcing our immigration laws, and even rewarding those. 2. Highest corp. tax in the world, driving business out of the country. 3. Toughest regulations on business of any country in the world - driving . . . 4. Even having a minimum wage killing beginner jobs, and driving mfg. jobs out of the country. ((dems aways want to raise it. 'we're for the little guy') 5. Addicting to welfare programs - 'soft bigotry of low expectations'. ad nauseum Yes, I feel sorry for our youth. Deck is stacked against their future, and we know who is doing the stacking.
          Marco Polo
          • 4 Months Ago
          @EVnerdGene
          @ EVnerdGene I don't expect your observation will attract a lot of support, or sympathy for the 1% from those struggling to survive on a minimum wage, or stuck in a poverty trap ! However, what you say is very true, it's those consumer of luxury goods that keep the majority employed. Most wealthy people don't actually have cash in the bank. Their wealth is tied up in wealth creating assets that employ vast numbers of people. Of course there will always be the idle, wealthy, but they usually, die off, or lose their money in a couple of generations. It always reminds of a Wizard of ID cartoon: King : " Only two things in life are certain, Taxes and Death" . Peasant : " (smugly) Wrong ! I didn't pay my tax last year ! " King: (to guards) " Exercise his option!"
          EVnerdGene
          • 4 Months Ago
          @EVnerdGene
          Marco, I have plenty of sympathy for those stuck in minimum wage jobs, and even more for the unemployed. (about 25% of late teens-early 20s can't get a job, and that number is closer to 50% for young minorities) Let's think about how the government causes both of these problems. 1. Importing cheap labor to take these jobs, by not enforcing our immigration laws, and even rewarding those. 2. Highest corp. tax in the world, driving business out of the country. 3. Toughest regulations on business of any country in the world - driving . . . 4. Even having a minimum wage killing beginner jobs, and driving mfg. jobs out of the country. ((dems aways want to raise it. 'we're for the little guy') 5. Addicting to welfare programs - 'soft bigotry of low expectations'. ad nauseum Yes, I feel sorry for our youth. Deck is stacked against their future, and we know who is doing the stacking.
      • 4 Months Ago
      I would want want of these for sure..... not sure about 8 times
      ybnormal07
      • 4 Months Ago
      Yes!!! I got it for $825K!!!! High five!!! I got the first one in the US!!!! Whats that you say? You are delivering others to customers right now? At MSRP?? Uh...hmmm...ok (sotto voice "damnit"!!!)."
      thecommentator2013
      • 4 Months Ago
      A great car, no doubt. But it proves they can't build a Volt-like car.
      Pancakes
      • 4 Months Ago
      Don't know if I would call it the best looking car ever made, but it's up ther eon my list.
      kinasi
      • 4 Months Ago
      best looking car ever made
      GoodCheer
      • 4 Months Ago
      Oops, yup... that's a bit of a mistake, all in one letter....