2017 BMW i3 Lease Deals and Prices

kyfdx

jpa2825 said:

whippit said:

May I please have the November RV, MF, and any incentives for 30 months/10k for the i3 Rex ? Thanks!

And while you are helping, can you just provide 24/30/36 with 10 and 12k miles and any incentives? Thanks much.

.00152 MF
64%/61%/58% residual for 10K/yr
Subtract 1% for 12K
$7500 lease credit

timkenichi

shellz said:

$58,845 MSRP
(-) $7,700 Dealer Discount
(-) $8,500 Rebates

Can you elaborate on what kind of discount and rebates this is? I would assume the $7,500 tax credit is included in the Dealer Discount but wonder what that additional $200 dealer discount and $8,500 rebates are. Thank you!

kyfdx

timkenichi said:

shellz said:

$58,845 MSRP
(-) $7,700 Dealer Discount
(-) $8,500 Rebates

Can you elaborate on what kind of discount and rebates this is? I would assume the $7,500 tax credit is included in the Dealer Discount but wonder what that additional $200 dealer discount and $8,500 rebates are. Thank you!

I think your assumptions are wrong.

The $7700 is a discount from MSRP. The negotiated purchase price
The $8500 in rebates are $7500 in lieu of the tax credit, plus another $1000 from BMW

jpa2825

This may be a little off topic, but I think it is OK since it deals with an i3 coming off lease and is an option I am exploring in competition to a new i3 lease. Any help or thoughts you can provide would be welcome data points. Thanks in advance.

My car is a 2015 REx Tera w/ everything coming off 2 yr. lease end of DEC. Contractual residual is $31.6k. Mileage will be about 24k at end of lease. My dealer is offering to sell it to me for $20.2k + $1,210 if I want the car CPOd (+ cost of tires if needed). Just had my end of lease inspection yesterday. Don't have report yet, but inspector said all 4 tires will pass (surprised!).

I have had 0 problems with the car during the 22 mos. and really like it. They will also likely work with me to allow me to turn it in in DEC, take a loaner for a week or so while they CPO it and clean it up) and buy it in JAN to avoid a year of taxes (which, in KY, will be a big amount).

When I buy, I think I will get 1 or 2 yr. EVgo free charging access with a CPO, but will confirm. I currently use it fairly often as there is a DC Fast Charger at a Wal*Mart close to my work and no chargers or plugs at work.

I also think I will be eligible for 0% financing over 60 mos. for the purchase of a CPO.

Thoughts?

Michaell

jpa2825 said:

This may be a little off topic, but I think it is OK since it deals with an i3 coming off lease and is an option I am exploring in competition to a new i3 lease. Any help or thoughts you can provide would be welcome data points. Thanks in advance.

My car is a 2015 REx Tera w/ everything coming off 2 yr. lease end of DEC. Contractual residual is $31.6k. Mileage will be about 24k at end of lease. My dealer is offering to sell it to me for $20.2k + $1,210 if I want the car CPOd (+ cost of tires if needed). Just had my end of lease inspection yesterday. Don't have report yet, but inspector said all 4 tires will pass (surprised!).

I have had 0 problems with the car during the 22 mos. and really like it. They will also likely work with me to allow me to turn it in in DEC, take a loaner for a week or so while they CPO it and clean it up) and buy it in JAN to avoid a year of taxes (which, in KY, will be a big amount).

When I buy, I think I will get 1 or 2 yr. EVgo free charging access with a CPO, but will confirm. I currently use it fairly often as there is a DC Fast Charger at a Wal*Mart close to my work and no chargers or plugs at work.

I also think I will be eligible for 0% financing over 60 mos. for the purchase of a CPO.

Thoughts?

They are going to sell it to you for $10K under the residual amount? That seems very hard to believe.

But, sounds like a great deal.

timkenichi

kyfdx said:

I think your assumptions are wrong.

The $7700 is a discount from MSRP. The negotiated purchase price
The $8500 in rebates are $7500 in lieu of the tax credit, plus another $1000 from BMW

Is the $7,700 discount typical on i3 or is it because the new 2018 models are coming out?

What might be the discount I can expect if I want the 2018 i3s (the new sports model)?

Michaell

timkenichi said:

kyfdx said:

I think your assumptions are wrong.

The $7700 is a discount from MSRP. The negotiated purchase price
The $8500 in rebates are $7500 in lieu of the tax credit, plus another $1000 from BMW

Is the $7,700 discount typical on i3 or is it because the new 2018 models are coming out?

What might be the discount I can expect if I want the 2018 i3s (the new sports model)?

We don’t track pricing – use the “make / model / year” tabs at the top of the page to link to the Edmunds price tools.

lfast

Can you provide the money factor, residual and lease cash for 2017 i3 in California? Looking at pricing on a 24/30/36 month options with 15k lease. Do these numbers vary per trim level, Deka, Giga, Tera?

And do all the dealers generally give the full $7500? Do you get add'l rebates even if you don't currently have a BMW? (They'd be getting me out of a Mercedes, so potentially converting a competitor.)

Thanks!

Michaell

lfast said:

Can you provide the money factor, residual and lease cash for 2017 i3 in California? Looking at pricing on a 24/30/36 month options with 15k lease. Do these numbers vary per trim level, Deka, Giga, Tera?

And do all the dealers generally give the full $7500? Do you get add'l rebates even if you don't currently have a BMW? (They'd be getting me out of a Mercedes, so potentially converting a competitor.)

Thanks!

.00152 and 61% / 58% / 55% - all trims share the same numbers
$7500 i lease credit

No information on conquest incentives.

bittkau

I got the following offer

$59545 MSRP
$6045 Discount
$9500 Incentive
00152 MF & 63% residual
24mo/12k
$3000 drive off (incl first payment of $450 after tax which I cannot come to by calculation but they do).

Does that seems like a reasonable?

kyfdx

bittkau said:

I got the following offer

$59545 MSRP
$6045 Discount
$9500 Incentive
00152 MF & 63% residual
24mo/12k
$3000 drive off (incl first payment of $450 after tax which I cannot come to by calculation but they do).

Does that seems like a reasonable?

Amortizing $2500 of your drive-off over the lease term, means you are paying about $550/mo. for an i3. That seems like a lot. But, you picked the highest priced i3 on the planet.
Not knowing your state or tax rate, or, the adjusted CAP cost, or breakdown of your $3000, it's hard to say, exactly. But, it doesn't look far off.

bittkau

Fair enough Thanks for the gut check!

truetao

Please post the November MF/RV and any incentives for the 2017 BMW i3:
36 months/7500 miles in Los Angeles, CA
Thank you!

kyfdx

truetao said:

Please post the November MF/RV and any incentives for the 2017 BMW i3:
36 months/7500 miles in Los Angeles, CA
Thank you!

.00152 MF and 58% residual for 36/10
BMW does not offer 7.5K/yr
$7500 lease credit.

propman

Can you please post the MF/RV for 36 months/15,000 miles per year?

Thanks

Michaell

propman said:

Can you please post the MF/RV for 36 months/15,000 miles per year?

Thanks

.00152 and 55%
$7500 lease credit

jpa2825

Be aware that there is a FULL STOP on all sales and leases of new and used BMW i3s currently due to a potential recall. Not an issue if you have one and wear your seat belt. That said, may be tough to get anything done and delivered for some period of time. Google it if you want details.

robot24

Did anyone hear about an end of the stop sale yet?

Michaell

robot24 said:

Did anyone hear about an end of the stop sale yet?

I've heard nothing about it.

theothertom

I saw on Facebook that the stop sale should be lifted by mid Dec. I'm hopeful

robot24

Heard the same. A SW update is supposed to fix the issue once approved

robot24

Is the MF for December known? I noticed the fleet numbers are the same as November..

Michaell

robot24 said:

Is the MF for December known? I noticed the fleet numbers are the same as November..

.00152 MF for December.

robot24

Thank you, I Michaell said:

Is the MF for December known? I noticed the fleet numbers are the same as November..

.00152 MF for December.

Michaell said:

Is the MF for December known? I noticed the fleet numbers are the same as November..

.00152 MF for December.

Thank you, I forgot to ask about the residual for a 24 month i3/Rex, but assume this is the same as November as well?

Michaell

robot24 said:

Thank you, I Michaell said:

Is the MF for December known? I noticed the fleet numbers are the same as November..

.00152 MF for December.

Michaell said:

Is the MF for December known? I noticed the fleet numbers are the same as November..

.00152 MF for December.

Thank you, I forgot to ask about the residual for a 24 month i3/Rex, but assume this is the same as November as well?

61% for 24/15

theothertom

Any lease specials on the i3 for Dec, like maybe holiday cash, extra $ off, etc?

kyfdx

theothertom said:

Any lease specials on the i3 for Dec, like maybe holiday cash, extra $ off, etc?

Not that we know of.

robot24

Anyone noticed attractive i3 offers now that the stop sale has ended?

theothertom

any holiday cash available for Dec i3 leases? any other incentives?

Michaell

theothertom said:

any holiday cash available for Dec i3 leases? any other incentives?

All I see is the $7500 lease credit

tom535

What do you think of this lease deal - 2017 REX i3 in Northern California -

MSRP 55145
Cap Cost 48145
MF 0.00152
Rebate 9500
Drive-off 1725
Payment 326 + tax

kyfdx

tom535 said:

What do you think of this lease deal - 2017 REX i3 in Northern California -

MSRP 55145
Cap Cost 48145
MF 0.00152
Rebate 9500
Drive-off 1725
Payment 326 + tax

What is the term/mileage?

tom535

30 months/12k. If I were to do 36 months/10k, how would it change?

kyfdx

tom535 said:

30 months/12k. If I were to do 36 months/10k, how would it change?

.00152 MF and 60%/57% residual for 30/36 months.

Payment for 36 months would probably be slightly higher.. within $10/mo.

Don't you get $2500 back from the state, as well? That tilts it further towards 30 months as the best term.

tom535

Thank you! I was wondering about 30 vs 36 months. This helps.

I thought the residual for 36/10 k was 58%. I guess it went down by 1%.

kyfdx

tom535 said:

Thank you! I was wondering about 30 vs 36 months. This helps.

I thought the residual for 36/10 k was 58%. I guess it went down by 1%.

I gave you the 12K/yr residuals. Add 1% for 10K/yr

slolankan

Can you please confirm the RV for 24 mo/ 10k for the i3 REX? Getting conflicting info from two dealers.

kyfdx

slolankan said:

Can you please confirm the RV for 24 mo/ 10k for the i3 REX? Getting conflicting info from two dealers.

.00152 MF and 64% residual

pkh540

Couple of questions... BMW is offering a $1000 i3 loyalty rebate in CA and OR. I live in WA but will buy in OR and I am told I don't qualify. Anyone know one way or the other?

Recent quote:
MSRP: 59,045
Discount: 5096.83
Rebate: 9500
Doc fee: 115
Tax (est): 978.5
Reg fees: 1725

MF: .0018
36mo/10k payment = $499 with $0 cash down.

Am I missing any rebates? This seems like a bad deal... What should I be shooting for?

Thanks!

kyfdx

pkh540 said:

Couple of questions... BMW is offering a $1000 i3 loyalty rebate in CA and OR. I live in WA but will buy in OR and I am told I don't qualify. Anyone know one way or the other?

Recent quote:
MSRP: 59,045
Discount: 5096.83
Rebate: 9500
Doc fee: 115
Tax (est): 978.5
Reg fees: 1725

MF: .0018
36mo/10k payment = $499 with $0 cash down.

Am I missing any rebates? This seems like a bad deal... What should I be shooting for?

Thanks!

Most incentives are resident based.
The base money factor is .00152
Is the $978 the upfront tax on the rebates?

The payment looks about right, given those numbers, though the MF markup is adding about $23/mo.

Any time a payment is $499/mo, it makes me thing they are adding all they can, to just slip under $500/mo.

jayceee

Here is what I just signed for a 2017 BMW i3 Rex (36mon/10k in Northern California):
MSRP: 56,545
Selling Price: 51,110 (~10% discount)
Rebates: 12.5k
Drive-off Cash: 2,200 ($0 cash after my old car trade-in)
RV: 58%
Lease Payment: 350 (including 9.25% tax)

MF was inflated a bit, but considering the rebates and our desired configuration of the car (driving & parking assistant packages with 20" wheels), we signed the deal. This may effectively work out as 11.5K rebates without MF inflation.

I got plenty of help on this forum and want to thank you all!

tom535

Here is the latest quote I have for 2017 i3 REX 36 Months 10 K

MSRP 53595
Sell Price 34095
Rebate 11500 (7500+2k Holiday +2k loyalty)
Drive-off 0
Payment 289 + tax

Sounds too good to be true. MF hasn't been disclosed yet. I am following up on that.
What am I missing, otherwise?

Michaell

jayceee said:

Here is what I just signed for a 2017 BMW i3 Rex (36mon/10k in Northern California):
MSRP: 56,545
Selling Price: 51,110 (~10% discount)
Rebates: 12.5k
Drive-off Cash: 2,200 ($0 cash after my old car trade-in)
RV: 58%
Lease Payment: 350 (including 9.25% tax)

MF was inflated a bit, but considering the rebates and our desired configuration of the car (driving & parking assistant packages with 20" wheels), we signed the deal. This may effectively work out as 11.5K rebates without MF inflation.

I got plenty of help on this forum and want to thank you all!

Congrats!

Michaell

tom535 said:

Here is the latest quote I have for 2017 i3 REX 36 Months 10 K

MSRP 53595
Sell Price 34095
Rebate 11500 (7500+2k Holiday +2k loyalty)
Drive-off 0
Payment 289 + tax

Sounds too good to be true. MF hasn't been disclosed yet. I am following up on that.
What am I missing, otherwise?

Is the selling price inclusive of the rebates?

Ask for the adjusted cap cost used for the $289/mo quote, in addition to the MF.

tom535

Yes, selling price includes all the rebates, 8k discount + 11500 in rebates. They got back with MF, as suspected, its marked all the way up to .0192. Its very hard to get all the numbers broken down from them.

As always, thank you Michaell.

Michaell

tom535 said:

Yes, selling price includes all the rebates, 8k discount + 11500 in rebates. They got back with MF, as suspected, its marked all the way up to .0192. Its very hard to get all the numbers broken down from them.

As always, thank you Michaell.

That's becoming more common - big discount but inflated MF.

I'll bet that if you ask for the base MF, you'll lose some of that discount from sticker.

Harder and harder to get both.

tom535

Agreed. I was wondering what would be better - base Mf or discounted selling price?
What do you think of overall deal, though?

jpa2825

tom535 said:

Agreed. I was wondering what would be better - base Mf or discounted selling price?
What do you think of overall deal, though?

Regardless of how they get there, if you can drive a $54k car for $289/mo. and $0 out of pocket, that's a screamer. I am finishing a 2 yr. lease on a fully loaded 2015 i3 REx for $249/mo. but had to stack 7 security deposits to get there.

1 - make sure 10k miles is enough for you
2 - any chance they are using a "rogue" residual to get that payment? Would suspect not if through BMWFS. Even if they are using the right residual, it won't be economically realistic at the end of 3 yrs. which makes the 10k miles even more important. When you can't just "buy it" to avoid all the over lease miles, you're stuck.

kyfdx

tom535 said:

Agreed. I was wondering what would be better - base Mf or discounted selling price?
What do you think of overall deal, though?

That's the negotiation part.. you want both

kyfdx

jpa2825 said:

tom535 said:

Agreed. I was wondering what would be better - base Mf or discounted selling price?
What do you think of overall deal, though?

Regardless of how they get there, if you can drive a $54k car for $289/mo. and $0 out of pocket, that's a screamer. I am finishing a 2 yr. lease on a fully loaded 2015 i3 REx for $249/mo. but had to stack 7 security deposits to get there.

1 - make sure 10k miles is enough for you
2 - any chance they are using a "rogue" residual to get that payment? Would suspect not if through BMWFS. Even if they are using the right residual, it won't be economically realistic at the end of 3 yrs. which makes the 10k miles even more important. When you can't just "buy it" to avoid all the over lease miles, you're stuck.

The chances of a BMW dealer using a bank other than BMWFS is almost zero..