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Why is the BMW i7 more expensive than other electric cars?

I'm thinking about buying a new electric car and I'm interested in the BMW i7. However, its price seems to be significantly higher than other electric cars in the market. Can someone explain to me why that is? Is it worth investing in this car? I am aware of its features and specifications, but I'm looking for a deeper understanding of its cost.

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The BMW i7 is a luxury vehicle and as such, it comes with a higher price tag compared to other electric cars. This is because it offers not only cutting-edge technology and performance, but also high-end materials and design. If you are only looking for a basic electric vehicle, then the i7 may not be the best fit for you.

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It's important to remember that the initial cost of a car is not the only factor to consider. The i7 has lower maintenance and fuel costs compared to traditional gasoline cars, which can save you money in the long run. Additionally, its high resale value means that you can potentially get back a significant portion of your investment when you decide to sell the car.

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