2018 BMW i3 Lease Deals and Prices

1356

Comments

  • lun007lun007 Member Posts: 1
    edited July 2018
    Could I please have the MF & RV for:

    2018 BMW i3 with Range Extender
    24 Months/ 30/ 36 months
    7500/10k/12k
    NY

    Thank you very much.
  • MichaellMichaell Moderator Posts: 254,040
    lun007 said:

    Could I please have the MF & RV for:

    2018 BMW i3 with Range Extender
    24 Months/ 30/ 36 months
    7500/10k/12k
    NY

    Thank you very much.

    No 7500 mile allowance from BMW

    36/12 numbers; add 1% for 10K

    .00166 and 63% / 60% / 57%
    $7500 lease credit

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  • olezhka13olezhka13 Member Posts: 6
    Could I please get a RV on 2018 i3 BEV for 24/15K and 30/15K? What is the better value going with 24 or 30 months?
    Thanks,
  • MichaellMichaell Moderator Posts: 254,040
    olezhka13 said:

    Could I please get a RV on 2018 i3 BEV for 24/15K and 30/15K? What is the better value going with 24 or 30 months?
    Thanks,

    .00166 and 61% / 58% / 55% for 24/30/36 months
    $7500 lease credit

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  • rocketjotrocketjot Member Posts: 1
    Could I please have the MF & RV for:

    2018 BMW i3 with Range Extender
    30 Months / 10K per year
    California

    &

    2018 BMW i3s with Range Extender
    30 Months / 10K per year
    California


    Thank you in advance!
  • kyfdxkyfdx Moderator Posts: 255,748
    rocketjot said:

    Could I please have the MF & RV for:

    2018 BMW i3 with Range Extender
    30 Months / 10K per year
    California

    &

    2018 BMW i3s with Range Extender
    30 Months / 10K per year
    California


    Thank you in advance!

    .00166 MF and 61% residual
    $7500 lease credit

    Either model

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  • njhokie1njhokie1 Member Posts: 16
    Currently working this deal:
    2018 BMW i3s w/ REx
    MSRP: $58,695
    Neg Sale Price: $51,651 (12% off)
    Incentives: $7,500 fed, $2,000 loyalty, $500 Costco
    Cap Cost: $41,651
    MF: 0.00166
    Residual: 63% (24/12k)
    Acq/Bank/MV: $925, $499, $310

    Due at signing: $2090
    Payment: $356

    The payment is not matching up with the terms. Wondering why. It should be $324 a month. He blames it on the numbers BMW puts in the computer on the car. I'm not convinced on that one.
  • bagshawbagshaw Member Posts: 14
    Wow 12% off ... hard to believe. So I assume no cap cost reductions ... just the fees at signing. I get 325.26/month plus any applicable sales tax (per month - 9% where I live). Don't forget, BMW has re-instituted the Multiple Security Deposits plan @ .00005 reduction on your money factor/bank rate per deposit up to a limit of 7. That would make the payment ~ 298/month.

  • bagshawbagshaw Member Posts: 14
    Also if you sign up for a 3 year membership to the BMW Car Club of America, you can get a 1000 rebate on the I3.
  • kyfdxkyfdx Moderator Posts: 255,748
    njhokie1 said:

    Currently working this deal:
    2018 BMW i3s w/ REx
    MSRP: $58,695
    Neg Sale Price: $51,651 (12% off)
    Incentives: $7,500 fed, $2,000 loyalty, $500 Costco
    Cap Cost: $41,651
    MF: 0.00166
    Residual: 63% (24/12k)
    Acq/Bank/MV: $925, $499, $310

    Due at signing: $2090
    Payment: $356

    The payment is not matching up with the terms. Wondering why. It should be $324 a month. He blames it on the numbers BMW puts in the computer on the car. I'm not convinced on that one.

    What is your location?

    Bank fee = acquisition fee.
    What is the $499 fee for? Dealer fee?

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  • njhokie1njhokie1 Member Posts: 16
    kyfdx said:

    njhokie1 said:

    Currently working this deal:
    2018 BMW i3s w/ REx
    MSRP: $58,695
    Neg Sale Price: $51,651 (12% off)
    Incentives: $7,500 fed, $2,000 loyalty, $500 Costco
    Cap Cost: $41,651
    MF: 0.00166
    Residual: 63% (24/12k)
    Acq/Bank/MV: $925, $499, $310

    Due at signing: $2090
    Payment: $356

    The payment is not matching up with the terms. Wondering why. It should be $324 a month. He blames it on the numbers BMW puts in the computer on the car. I'm not convinced on that one.

    What is your location?

    Bank fee = acquisition fee.
    What is the $499 fee for? Dealer fee?
    I'm sorry, yes $499 is dealer fee. New Jersey.
    I figured what the difference was. He said he couldn't do the $500 Costco and 12%. Was just giving one of those discounts.
    I was under the impression the $2500 Costco lease loyalty compared to $2000 base loyalty was not something the dealer took a hit on. This is from the Costco printout: "combine Costco member offers with your low, prearranged Costco price to receive even greater savings on a new 2018 BMW i3"

    thanks for the help!
  • kyfdxkyfdx Moderator Posts: 255,748
    njhokie1 said:

    kyfdx said:

    njhokie1 said:

    Currently working this deal:
    2018 BMW i3s w/ REx
    MSRP: $58,695
    Neg Sale Price: $51,651 (12% off)
    Incentives: $7,500 fed, $2,000 loyalty, $500 Costco
    Cap Cost: $41,651
    MF: 0.00166
    Residual: 63% (24/12k)
    Acq/Bank/MV: $925, $499, $310

    Due at signing: $2090
    Payment: $356

    The payment is not matching up with the terms. Wondering why. It should be $324 a month. He blames it on the numbers BMW puts in the computer on the car. I'm not convinced on that one.

    What is your location?

    Bank fee = acquisition fee.
    What is the $499 fee for? Dealer fee?
    I'm sorry, yes $499 is dealer fee. New Jersey.
    I figured what the difference was. He said he couldn't do the $500 Costco and 12%. Was just giving one of those discounts.
    I was under the impression the $2500 Costco lease loyalty compared to $2000 base loyalty was not something the dealer took a hit on. This is from the Costco printout: "combine Costco member offers with your low, prearranged Costco price to receive even greater savings on a new 2018 BMW i3"

    thanks for the help!
    I don't have any info on Costco discounts..

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  • mrunnamedmrunnamed Member Posts: 32
    Could you please give the rates and incentives for August (California)? Looking for 36/10
  • MichaellMichaell Moderator Posts: 254,040
    mrunnamed said:

    Could you please give the rates and incentives for August (California)? Looking for 36/10

    .00166 and 58%
    $7500 lease cash

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  • leaseorbuy3leaseorbuy3 Member Posts: 27
    Also looking for rates and incentives August update. 02771. 36/12k for BMW i3 REX.

    Thanks!
  • kyfdxkyfdx Moderator Posts: 255,748

    Also looking for rates and incentives August update. 02771. 36/12k for BMW i3 REX.

    Thanks!

    .00166 MF and 57% residual
    $7500 lease credit

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  • martin888martin888 Member Posts: 33
    Looking for residual value and money factor for 2018 BMW i3 with Range Extender in Los Angeles, CA:

    12k miles/2 years
    12k miles/3 years

    Many thanks!
  • MichaellMichaell Moderator Posts: 254,040
    martin888 said:

    Looking for residual value and money factor for 2018 BMW i3 with Range Extender in Los Angeles, CA:

    12k miles/2 years
    12k miles/3 years

    Many thanks!

    .00166 and 63% / 57%
    $7500 lease credit

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  • ashleigh919ashleigh919 Member Posts: 79
    Hi, I'm trying to convince my mom to take advance of a great i3 lease, based on what I'm calculating, but it still seems really low, despite other low numbers I've seen!

    Can you please confirm the money factor and residual in 33324, as well as a $10,000 bonus/lease cash, for 24/10 and 36/10 (they don't do 7,500 leases, correct?)?

    Does BMW apply the tax credit at the dealer, as some brands do, or do we have to lay out the money and wait for the credit?

    Finally, if possible, what kind of discount should I expect at the dealer prior to incentives?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 255,748

    Hi, I'm trying to convince my mom to take advance of a great i3 lease, based on what I'm calculating, but it still seems really low, despite other low numbers I've seen!

    Can you please confirm the money factor and residual in 33324, as well as a $10,000 bonus/lease cash, for 24/10 and 36/10 (they don't do 7,500 leases, correct?)?

    Does BMW apply the tax credit at the dealer, as some brands do, or do we have to lay out the money and wait for the credit?

    Finally, if possible, what kind of discount should I expect at the dealer prior to incentives?

    Thanks!

    .00166 MF and 64%/58% residual for 24/36 mo, 10K/yr
    $7500 lease credit

    The $10,000 incentive is only for purchase.

    The bank gets the tax credit and passes it along to you as a rebate. Lessees don't actually get a tax credit.

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  • schticlesschticles Member Posts: 10
    Hi, may I have MF, RV, and any lease incentives/lease case/rebates for a 2018 I3 w/ REX in 60555? TY
  • kyfdxkyfdx Moderator Posts: 255,748
    schticles said:

    Hi, may I have MF, RV, and any lease incentives/lease case/rebates for a 2018 I3 w/ REX in 60555? TY

    36/15
    .00166 MF and 55% residual
    $7500 lease credit

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  • schticlesschticles Member Posts: 10
    kyfdx said:
    Hi, may I have MF, RV, and any lease incentives/lease case/rebates for a 2018 I3 w/ REX in 60555? TY
    36/15 .00166 MF and 55% residual $7500 lease credit
    Sorry.  24/10
  • MichaellMichaell Moderator Posts: 254,040
    schticles said:


    kyfdx said:

    schticles said:

    Hi, may I have MF, RV, and any lease incentives/lease case/rebates for a 2018 I3 w/ REX in 60555? TY

    36/15
    .00166 MF and 55% residual
    $7500 lease credit

    Sorry.  24/10

    64% residual for 24/10

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  • prkprk Member Posts: 8
    Hi, Can you Please let me know the residual and MF for

    2018 BMW i3 for
    24/10,
    30/10,
    36/10.

    Thank you.
  • prkprk Member Posts: 8
    prk said:

    Hi, Can you Please let me know the residual and MF for

    2018 BMW i3 for
    24/10,
    30/10,
    36/10.

    Thank you.

    Forgot to write zip: for 95070. Thanks.
  • MichaellMichaell Moderator Posts: 254,040
    prk said:

    prk said:

    Hi, Can you Please let me know the residual and MF for

    2018 BMW i3 for
    24/10,
    30/10,
    36/10.

    Thank you.

    Forgot to write zip: for 95070. Thanks.
    .00166 and 64% / 61% / 58%
    $7500 lease credit

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  • been_therebeen_there Member Posts: 16
    hi,

    Is the $7500 lease credit same as $7500 federal tax credit?

    If not, is this additional discount on top of discount on MSRP?

    thanks
  • MichaellMichaell Moderator Posts: 254,040

    hi,

    Is the $7500 lease credit same as $7500 federal tax credit?

    If not, is this additional discount on top of discount on MSRP?

    thanks

    Yes, the lease credit is the pass through of the federal tax credit

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  • kyfdxkyfdx Moderator Posts: 255,748

    hi,

    Is the $7500 lease credit same as $7500 federal tax credit?

    If not, is this additional discount on top of discount on MSRP?

    thanks

    You don't get the tax credit, because you aren't the owner.
    The lease credit is a rebate.

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  • been_therebeen_there Member Posts: 16
    kyfdx said:

    hi,

    Is the $7500 lease credit same as $7500 federal tax credit?

    If not, is this additional discount on top of discount on MSRP?

    thanks

    You don't get the tax credit, because you aren't the owner.
    The lease credit is a rebate.
    thanks. and is the lease credit just applied like a discount on the negotiated price? or is it prorated by the depriciation amount?

    thanks
  • pliu88pliu88 Member Posts: 1
    Hi, may have have the residual for 91801 on a 12k at 30 and 36 month lease? TIA
  • kyfdxkyfdx Moderator Posts: 255,748

    kyfdx said:

    hi,

    Is the $7500 lease credit same as $7500 federal tax credit?

    If not, is this additional discount on top of discount on MSRP?

    thanks

    You don't get the tax credit, because you aren't the owner.
    The lease credit is a rebate.
    thanks. and is the lease credit just applied like a discount on the negotiated price? or is it prorated by the depriciation amount?

    thanks
    It's a CAP reduction, so you get the full value of it.

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  • kyfdxkyfdx Moderator Posts: 255,748
    pliu88 said:

    Hi, may have have the residual for 91801 on a 12k at 30 and 36 month lease? TIA

    .00166 MF
    60%/57% residual for 30/36 mo.

    $7500 lease credit

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  • been_therebeen_there Member Posts: 16
    kyfdx said:

    kyfdx said:

    hi,

    Is the $7500 lease credit same as $7500 federal tax credit?

    If not, is this additional discount on top of discount on MSRP?

    thanks

    You don't get the tax credit, because you aren't the owner.
    The lease credit is a rebate.
    thanks. and is the lease credit just applied like a discount on the negotiated price? or is it prorated by the depriciation amount?

    thanks
    It's a CAP reduction, so you get the full value of it.
    thanks again
  • been_therebeen_there Member Posts: 16
    edited August 2018
    What would be the lease payment for this:
    2018 BMW i3
    MSRP: $49495
    discount 12%: $5940
    fleet discount: $500
    loyalty: $2000
    lease credit: $7500
    MF: 0.00206
    tax rate: 9.25% (california)
    for 30months, 12K
    others fees including registration and documentation fees is $672

    Dealer is showing $395 pm (including tax) with 0 cash out, and $223 pm (including tax) with $4500 cash out, but i am unable to arrive at those numbers.my numbers are way off.



  • MichaellMichaell Moderator Posts: 254,040

    What would be the lease payment for this:
    2018 BMW i3
    MSRP: $49495
    discount 12%: $5940
    fleet discount: $500
    loyalty: $2000
    lease credit: $7500
    MF: 0.00206
    tax rate: 9.25% (california)
    for 30months, 12K
    others fees including registration and documentation fees is $672

    Dealer is showing $395 pm (including tax) with 0 cash out, and $223 pm (including tax) with $4500 cash out, but i am unable to arrive at those numbers.my numbers are way off.

    What is the CAP cost the dealer is using for their quote? What CAP cost are you using?

    49495-5940-500-2000-7500=33,555

    I get $259/mo plus tax with those prices, and the marked up MF.

    Guessing there are some fees added in there, but until you get a full breakdown of the numbers, we can only guess at the discrepancy.

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  • been_therebeen_there Member Posts: 16
    Michaell said:

    What would be the lease payment for this:
    2018 BMW i3
    MSRP: $49495
    discount 12%: $5940
    fleet discount: $500
    loyalty: $2000
    lease credit: $7500
    MF: 0.00206
    tax rate: 9.25% (california)
    for 30months, 12K
    others fees including registration and documentation fees is $672

    Dealer is showing $395 pm (including tax) with 0 cash out, and $223 pm (including tax) with $4500 cash out, but i am unable to arrive at those numbers.my numbers are way off.

    What is the CAP cost the dealer is using for their quote? What CAP cost are you using?

    49495-5940-500-2000-7500=33,555

    I get $259/mo plus tax with those prices, and the marked up MF.

    Guessing there are some fees added in there, but until you get a full breakdown of the numbers, we can only guess at the discrepancy.
    cap cost i am using is same as yours but adding doc/registration fees = 33555 + 672 = 34227.
    Putting in 9.25% sales tax, for 30 months and 0 cash, I am getting $310 pm.
    I have asked dealer for clarifications
  • kyfdxkyfdx Moderator Posts: 255,748

    Michaell said:

    What would be the lease payment for this:
    2018 BMW i3
    MSRP: $49495
    discount 12%: $5940
    fleet discount: $500
    loyalty: $2000
    lease credit: $7500
    MF: 0.00206
    tax rate: 9.25% (california)
    for 30months, 12K
    others fees including registration and documentation fees is $672

    Dealer is showing $395 pm (including tax) with 0 cash out, and $223 pm (including tax) with $4500 cash out, but i am unable to arrive at those numbers.my numbers are way off.

    What is the CAP cost the dealer is using for their quote? What CAP cost are you using?

    49495-5940-500-2000-7500=33,555

    I get $259/mo plus tax with those prices, and the marked up MF.

    Guessing there are some fees added in there, but until you get a full breakdown of the numbers, we can only guess at the discrepancy.
    cap cost i am using is same as yours but adding doc/registration fees = 33555 + 672 = 34227.
    Putting in 9.25% sales tax, for 30 months and 0 cash, I am getting $310 pm.
    I have asked dealer for clarifications
    $925 acquisition fee
    $950 upfront tax on $10K of rebates.

    That's over $67/mo. just for those two items. I think we are getting pretty close..

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  • Igor KaganIgor Kagan Member Posts: 30
    You can get the $925 acquisition fee waived in exchange for higher MF:
    Base MF 0.00166, MF to waive AF 0.00216.
    Saves $$ on a 24/30mo lease, not on 36.
  • kyfdxkyfdx Moderator Posts: 255,748
    ikagan65 said:

    You can get the $925 acquisition fee waived in exchange for higher MF:
    Base MF 0.00166, MF to waive AF 0.00216.
    Saves $$ on a 24/30mo lease, not on 36.

    Good point... Only works on shorter terms, for relatively lower priced units.

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  • been_therebeen_there Member Posts: 16
    kyfdx said:

    Michaell said:

    What would be the lease payment for this:
    2018 BMW i3
    MSRP: $49495
    discount 12%: $5940
    fleet discount: $500
    loyalty: $2000
    lease credit: $7500
    MF: 0.00206
    tax rate: 9.25% (california)
    for 30months, 12K
    others fees including registration and documentation fees is $672

    Dealer is showing $395 pm (including tax) with 0 cash out, and $223 pm (including tax) with $4500 cash out, but i am unable to arrive at those numbers.my numbers are way off.

    What is the CAP cost the dealer is using for their quote? What CAP cost are you using?

    49495-5940-500-2000-7500=33,555

    I get $259/mo plus tax with those prices, and the marked up MF.

    Guessing there are some fees added in there, but until you get a full breakdown of the numbers, we can only guess at the discrepancy.
    cap cost i am using is same as yours but adding doc/registration fees = 33555 + 672 = 34227.
    Putting in 9.25% sales tax, for 30 months and 0 cash, I am getting $310 pm.
    I have asked dealer for clarifications
    $925 acquisition fee
    $950 upfront tax on $10K of rebates.

    That's over $67/mo. just for those two items. I think we are getting pretty close..
    yes, it was those two items, plus first month payment rolled in. so essentially what the dealer quoted was only 29 monthly payments (true 0 cash at time of delivery). Now the calculations match.
    thanks.
  • been_therebeen_there Member Posts: 16
    ikagan65 said:

    You can get the $925 acquisition fee waived in exchange for higher MF:
    Base MF 0.00166, MF to waive AF 0.00216.
    Saves $$ on a 24/30mo lease, not on 36.

    good point, i will try that, but in my case the MF is already marked up to .00206 so they may not agree
  • kyfdxkyfdx Moderator Posts: 255,748

    ikagan65 said:

    You can get the $925 acquisition fee waived in exchange for higher MF:
    Base MF 0.00166, MF to waive AF 0.00216.
    Saves $$ on a 24/30mo lease, not on 36.

    good point, i will try that, but in my case the MF is already marked up to .00206 so they may not agree
    The dealer won't care about the waiver bump. Assuming you can find someone in the F&I office that is familiar with it.

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  • been_therebeen_there Member Posts: 16
    edited August 2018
    leased an i3 last night. details for others:
    msrp=53945
    sales_price=47471 (12% off)
    mf=.00206
    lease credit = 7500 (taxed)
    loyalty = 2000 (taxed)
    fleet discount = 500 (not taxed)
    drive test credit = 1000 (not taxed)
    sales tax = 9.25%

    for 30 months, 12K mile, 60% depreciation

    $6000 drive-off, $190 x 29 monthly payments including tax


    Leasehackr Score: 14.3 years

    Now time to apply for $500 PG&E rebate, and $1000 BMWCCA

    Thanks everyone (in particular kyfdx) for inputs on the forum to educate us before such lease.
  • MichaellMichaell Moderator Posts: 254,040

    leased an i3 last night. details for others:
    msrp=53945
    sales_price=47471 (12% off)
    mf=.00206
    lease credit = 7500 (taxed)
    loyalty = 2000 (taxed)
    fleet discount = 500 (not taxed)
    drive test credit = 1000 (not taxed)
    sales tax = 9.25%

    for 30 months, 12K mile, 60% depreciation

    $6000 drive-off, $190 x 29 monthly payments including tax


    Leasehackr Score: 14.3 years

    Now time to apply for $500 PG&E rebate, and $1000 BMWCCA

    Thanks everyone (in particular kyfdx) for inputs on the forum to educate us before such lease.

    Congrats, and enjoy!

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  • kerbkerb Member Posts: 201
    edited September 2018
    Greetings Michaell,

    Could you kindly provide the buy rate and residual for an '18 i3 Rex and i3s Rex (33327) for 24/12, 30/12 and 36/12k terms, plus incentives.

    Thank you
  • kyfdxkyfdx Moderator Posts: 255,748
    kerb said:

    Greetings Michaell,

    Could you kindly provide the buy rate and residual for an '18 i3 Rex and i3s Rex (33327) for 24/12, 30/12 and 36/12k terms, plus incentives.

    Thank you

    .00166 MF
    63%/60%/57% residual
    $7500 lease credit

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  • kerbkerb Member Posts: 201
    Thx
  • kerbkerb Member Posts: 201
    Do i3s' have the same buy rate and residual?
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