Car News 24 Feb 2016

Unprecedented demand for 135mpg BMW i8 supercar, says Oracle Finance

Oracle Finance says the level of interest in the new i8 supercar has been higher than any other previous BMW that has come to market.

In what the finance company says is a “sea change in buyers’ behaviour”, customers are clamouring to get their hands on the new German supercar.

A vast number of wealthy buyers have contacted Oracle Finance for a package on the hybrid supercar since it was unveiled earlier this year.

BMW has allocated 300 i8s for sale in the UK in 2014, and the brand currently has orders that stretch into next summer for the in-demand car. BMW says it will offer approximately 750 i8s for sale in 2015.

“The staggering demand for this radical supercar has taken everyone at Oracle Finance by surprise,” explained Peter Brook, managing director of the broker. “We knew the car would be popular but we have all been shocked by just how much interest there has been.

There is a broad cross-section of part exchanges in the likes of Porsche and Ferrari, which indicates that BMW have cracked the illusive solution of making an environmentally friendly supercar that can compete in that marketplace, as well as buyers looking to upgrade from smaller BMWs.

“The hybrid BMW i8 has received incredible reviews from the Press and it looks like nothing else on the road, which helps increase demand. However, this sort of level of interest is something we haven’t experienced before with hybrid cars and will likely see prices rising in the short term.”

Oracle Finance has even seen several demanding buyers willing to pay up to £10,000 OVER the car’s £94,845 list price to get their hands on an i8.

The BMW i8 is a revolutionary supercar that combines an electric powerplant with a 1.5-litre three-cylinder engine to produce 357bhp. It has a top speed of 155mph and can hit 60mph in 4.4 seconds, but still it’s capable of an astounding 135mpg.

Mr Brook said: “We’re getting a lot of interest in hybrid supercars at the moment. The LaFerrari, Porsche 918 and McLaren P1 have spiked customers’ interest in this new technology and the BMW i8 is the more affordable of these new breed of super-efficient performance cars.

“The amazing demand we’ve seen for it proves this technology is here to stay and is exciting buyers.