2018 BMW i3 Lease Deals and Prices

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  • i3madkingi3madking Member Posts: 40
    Michael,
    -Coming of 30 month i3 lease of a 2015.
    -Could you post the RV and MF for 2018 BMWi3 w/REX for November (Oct if Nov not yet available) on a 30 month lease with 12k mi/year.
    -Any Incentive info for November?
    Thanks,
    randall
  • i3madkingi3madking Member Posts: 40
    98424 zip code
  • kyfdxkyfdx Moderator Posts: 267,589
    i3madking said:

    Michael,
    -Coming of 30 month i3 lease of a 2015.
    -Could you post the RV and MF for 2018 BMWi3 w/REX for November (Oct if Nov not yet available) on a 30 month lease with 12k mi/year.
    -Any Incentive info for November?
    Thanks,
    randall

    October
    .00182 MF and 60% residual
    $7500 lease credit

    No info for November

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  • luffyyluffyy Member Posts: 7
    Hi Mods!

    Please provide November numbers for:

    i3 Rex
    24/10
    30/10

    Also any new incentives?

    Thanks so much!
  • yelloducksyelloducks Member Posts: 3
    edited November 2018
    Wanted to validate the residuals on the 2019 i3 BEV. I have been told the 36/10 has dropped to 53%. Is that correct? Money factor is still .00182 correct? Can you do MSD on 2019 i3?
  • kyfdxkyfdx Moderator Posts: 267,589
    luffyy said:

    Hi Mods!

    Please provide November numbers for:

    i3 Rex
    24/10
    30/10

    Also any new incentives?

    Thanks so much!

    .00182 MF
    64%/58% residual
    $7500 lease credit

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  • kyfdxkyfdx Moderator Posts: 267,589
    yelloducks said:

    Wanted to validate the residuals on the 2019 i3 BEV. I have been told the 36/10 has dropped to 53%. Is that correct? Money factor is still .00182 correct? Can you do MSD on 2019 i3?

    I don't have any info on 2019 models.

    Do you mean 2018?

    Numbers have not changed.

    MSD program seems to be regional now, and not available everywhere.

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  • honeybadger0honeybadger0 Member Posts: 5
    Other forum lists 2018 36/10k at 58%, and 2019 i3 36/10k at 53% - same for rex/bev, is that correct? Is it still +3% for 30mo?

    November Residuals
  • MichaellMichaell Moderator Posts: 264,157
    honeybadger0 said:

    Other forum lists 2018 36/10k at 58%, and 2019 i3 36/10k at 53% - same for rex/bev, is that correct? Is it still +3% for 30mo?

    November Residuals

    I confirm 2018 36/10 as 58%
    Yes, add 3% for 30/10

    We have no published numbers for the 2019 i3, for November.

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  • honeybadger0honeybadger0 Member Posts: 5
    Rex and non-rex are same residuals now? Thank you!
  • MichaellMichaell Moderator Posts: 264,157
    honeybadger0 said:

    Rex and non-rex are same residuals now? Thank you!

    That is correct

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  • luffyyluffyy Member Posts: 7
    kyfdx said:



    .00182 MF
    64%/58% residual
    $7500 lease credit

    Thank you!

    Dealer is offering:

    2018 i3 Rex
    MSRP $49295 - 12% = $43430
    10/30
    -$7500 lease credit, $2000 loyalty
    +$4000 drive off
    -$2500 CA rebate, $450 SCE rebate, $1000 BMW CCA rebate

    Dealer marked up MF to .00222 = $227+tax = $244

    With base MF should be $202+tax = $217


    Another dealer is offering only 8% discount off MSRP but at base MF. Is the MF usually negotiable? Thanks!
  • kyfdxkyfdx Moderator Posts: 267,589
    luffyy said:

    kyfdx said:



    .00182 MF
    64%/58% residual
    $7500 lease credit

    Thank you!

    Dealer is offering:

    2018 i3 Rex
    MSRP $49295 - 12% = $43430
    10/30
    -$7500 lease credit, $2000 loyalty
    +$4000 drive off
    -$2500 CA rebate, $450 SCE rebate, $1000 BMW CCA rebate

    Dealer marked up MF to .00222 = $227+tax = $244

    With base MF should be $202+tax = $217


    Another dealer is offering only 8% discount off MSRP but at base MF. Is the MF usually negotiable? Thanks!
    Yes, the money factor markup is negotiable, but that doesn't mean that a specific dealer will agree to drop it.
    As you can see, it's unlikely you would have received 12% off, without the accompanying MF markup.

    The dealer doesn't apply the CA rebate to your deal, do they? Don't you get that back later?

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  • luffyyluffyy Member Posts: 7
    kyfdx said:



    Yes, the money factor markup is negotiable, but that doesn't mean that a specific dealer will agree to drop it.
    As you can see, it's unlikely you would have received 12% off, without the accompanying MF markup.

    The dealer doesn't apply the CA rebate to your deal, do they? Don't you get that back later?

    Thanks for the quick reply!

    I'll definitely try to negotiate the dealer down to base MF.

    The CA rebate + SCE rebate + BMWCCA rebate are all post-sale. So the $4k drive off is really close to $0.

    Thanks again!
  • kyfdxkyfdx Moderator Posts: 267,589
    luffyy said:

    kyfdx said:



    Yes, the money factor markup is negotiable, but that doesn't mean that a specific dealer will agree to drop it.
    As you can see, it's unlikely you would have received 12% off, without the accompanying MF markup.

    The dealer doesn't apply the CA rebate to your deal, do they? Don't you get that back later?

    Thanks for the quick reply!

    I'll definitely try to negotiate the dealer down to base MF.

    The CA rebate + SCE rebate + BMWCCA rebate are all post-sale. So the $4k drive off is really close to $0.

    Thanks again!
    Good luck. Let us know how it goes.

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  • jferraljferral Member Posts: 44
    Can you please help with 2018 i3 Rex for 24/10K, and any available incentives for 33434?
    I qualify for loyalty, new college graduate, and fleet discount.

    Thank you,
  • kyfdxkyfdx Moderator Posts: 267,589
    jferral said:

    Can you please help with 2018 i3 Rex for 24/10K, and any available incentives for 33434?
    I qualify for loyalty, new college graduate, and fleet discount.

    Thank you,

    .00182 MF and 64% residual
    $7500 lease credit
    $1000 Grad
    No loyalty

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  • ZeroCarbonZeroCarbon Member Posts: 1
    Currently working on my new 2019 I3. Seeing residuals of 61% and 58% for 15K 24 month and 30 month terms. Money factor is .00182 (4.37%) with a reduction of .00005 for each multiple security deposit (up to 7). For example 7 MSD's reduces the money factor to .00147 (3.53%). I believe the MSD program is only granted to existing MSD customers. Dealer so far is offering 9.5 % discount on all I3 models (I3, I3 REX, I3S, I3S REX).
  • oc24oc24 Member Posts: 7
    Looking to lease 2018 i3 non-REX. Zip code 92677. 7500 miles/year and 30/36 month lease. Do you have residual for 30/36 months? Can you confirm MF of .00182 ? Thanks!
  • kyfdxkyfdx Moderator Posts: 267,589
    oc24 said:

    Looking to lease 2018 i3 non-REX. Zip code 92677. 7500 miles/year and 30/36 month lease. Do you have residual for 30/36 months? Can you confirm MF of .00182 ? Thanks!

    10K/yr
    .00182 MF
    61%/58% residual for 30/36 mo
    $7500 lease credit
    7.5K/yr is not offered

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  • oc24oc24 Member Posts: 7
    Thank you for quick response!!
    The $7500 credit is for the IRS tax credit, correct? Leasing company receives that from IRS but I can credit that amount against capitalized cost?
  • fsuphi1490fsuphi1490 Member Posts: 18
    What is the difference in MF and residual between a REX and non for 22124

    10k/12k and 24/30 mo

    Thanks!
  • MichaellMichaell Moderator Posts: 264,157
    oc24 said:

    Thank you for quick response!!
    The $7500 credit is for the IRS tax credit, correct? Leasing company receives that from IRS but I can credit that amount against capitalized cost?

    Correct, the incentive is in lieu of the tax credit, and is used to reduce the CAP cost.

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  • MichaellMichaell Moderator Posts: 264,157
    fsuphi1490 said:

    What is the difference in MF and residual between a REX and non for 22124

    10k/12k and 24/30 mo

    Thanks!

    .00182 and 64% (24/10) or 61% (30/10)
    $7500 lease credit
    Subtract 1% for 12K

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  • kyfdxkyfdx Moderator Posts: 267,589
    Michaell said:

    fsuphi1490 said:

    What is the difference in MF and residual between a REX and non for 22124

    10k/12k and 24/30 mo

    Thanks!

    .00182 and 64% (24/10) or 61% (30/10)
    $7500 lease credit
    Subtract 1% for 12K
    REX and non-REX have the same lease program

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  • fsuphi1490fsuphi1490 Member Posts: 18
    Thanks for the quick responses. This being my first lease negotiation, any and all help is appreciated. 
  • fsuphi1490fsuphi1490 Member Posts: 18
    Are there any differences in a one pay mf?
  • i3madkingi3madking Member Posts: 40
    Getting close to pulling the trigger on 2018 i3 w/ REX
    Could you please send the MF and RV on a 36mo 12k/yr lease for 98221

    Also, if dealer's quote uses MF of 0.0022, what sort of discount should I expect?
    Their initial offer is just 3% of MSRP. I have quotes for i3's that are out of state that are btw 8-11% off MSRP with MF 0.00182. Better deals all-around, but both create a logistic issue.

    Cheers!
  • soocha2soocha2 Member Posts: 12
    Could you please send mf, rv on a 30 month, 15k/yr lease for 92833? and any rebates/incentives?
  • kyfdxkyfdx Moderator Posts: 267,589
    fsuphi1490 said:

    Are there any differences in a one pay mf?

    It's just .00030 less. Not worth it.

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  • kyfdxkyfdx Moderator Posts: 267,589
    i3madking said:

    Getting close to pulling the trigger on 2018 i3 w/ REX
    Could you please send the MF and RV on a 36mo 12k/yr lease for 98221

    Also, if dealer's quote uses MF of 0.0022, what sort of discount should I expect?
    Their initial offer is just 3% of MSRP. I have quotes for i3's that are out of state that are btw 8-11% off MSRP with MF 0.00182. Better deals all-around, but both create a logistic issue.

    Cheers!

    .00182 MF and 57% residual

    If the quote is for 3% off, with a marked up money factor, then shop elsewhere.

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  • kyfdxkyfdx Moderator Posts: 267,589
    soocha2 said:

    Could you please send mf, rv on a 30 month, 15k/yr lease for 92833? and any rebates/incentives?

    .00182 MF and 58% residual

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  • fsuphi1490fsuphi1490 Member Posts: 18
    kyfdx said:
    Are there any differences in a one pay mf?
    It's just .00030 less. Not worth it.
    I don't have the greatest credit, but I do have cash. Figured I could get around the credit issue with a one pay. I have the total lease price down to almost $3,500. Mostly taxes and fees with the residual and mf y'all quoted. 
  • kyfdxkyfdx Moderator Posts: 267,589
    edited November 2018
    fsuphi1490 said:


    kyfdx said:

    fsuphi1490 said:

    Are there any differences in a one pay mf?

    It's just .00030 less. Not worth it.

    I don't have the greatest credit, but I do have cash. Figured I could get around the credit issue with a one pay. I have the total lease price down to almost $3,500. Mostly taxes and fees with the residual and mf y'all quoted. 

    That won't help.. you'll still get the credit tier bump up, before they apply the discount for single-pay.
    Paying the lease payments upfront does not remove the finance charge. It's still substantial.

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  • fsuphi1490fsuphi1490 Member Posts: 18
    What is the amount of the "bump up"? Given the numbers I am working with and the incentives I have the price for the total lease on the .00152 down to about 3.5k. That is a one pay. Even with that they are going to bump the MF higher?

  • kyfdxkyfdx Moderator Posts: 267,589
    fsuphi1490 said:

    What is the amount of the "bump up"? Given the numbers I am working with and the incentives I have the price for the total lease on the .00152 down to about 3.5k. That is a one pay. Even with that they are going to bump the MF higher?

    If your credit is less than top tier, you pay a higher rate, regardless of single pay or normal lease.
    The amount of the increase is dependent on your credit tier.

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  • i3madkingi3madking Member Posts: 40
    They dropped to 5% and added an additional $1000 "drive event" discount (for a total incentives and deductions of $14K).

    So even with FM 0.0022 for a i3 w/ Rex, Tera, Tech, Moon Roof, H&K Sound, Apple Car Play the monthly payment on a 36mo, 12k mi/yr lease, I'm looking at $419/mo with tax (8.5% rate).
    kyfdx said:

    i3madking said:

    Getting close to pulling the trigger on 2018 i3 w/ REX
    Could you please send the MF and RV on a 36mo 12k/yr lease for 98221

    Also, if dealer's quote uses MF of 0.0022, what sort of discount should I expect?
    Their initial offer is just 3% of MSRP. I have quotes for i3's that are out of state that are btw 8-11% off MSRP with MF 0.00182. Better deals all-around, but both create a logistic issue.

    Cheers!

    .00182 MF and 57% residual

    If the quote is for 3% off, with a marked up money factor, then shop elsewhere.
  • jrue24jrue24 Member Posts: 29
    edited November 2018
    Can you please provide info on a 
    i3-Rex and i3S-Rex  in 30345
    24/12
    36/12
    Also any incentives? 
    Thank you
  • MichaellMichaell Moderator Posts: 264,157
    jrue24 said:

    Can you please provide info on a 
    i3-Rex and i3S-Rex  in 30345
    24/12
    36/12
    Also any incentives? 
    Thank you

    .00182 and 63% / 57%
    $7500 lease credit

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  • i3madkingi3madking Member Posts: 40
    2019 i3 info request
    What is the RV and MF on a 30 and 36 month deal with 12k/yr?
    thx
  • MichaellMichaell Moderator Posts: 264,157
    i3madking said:

    2019 i3 info request
    What is the RV and MF on a 30 and 36 month deal with 12k/yr?
    thx

    Be the first to post in our new 2019 i3 lease thread, here:

    https://forums.edmunds.com/discussion/53375/bmw/i3/2019-bmw-i3-lease-deals-and-prices/p1?new=1

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  • i3madkingi3madking Member Posts: 40
    ok!
  • fsuphi1490fsuphi1490 Member Posts: 18
    Do you have the MF rate for the different tiers? I am seeing vastly different rates quoted by different dealerships and brands, so just wondering if there is a uniform rate BMW uses that I can tell if a dealership is increasing it. Thanks.
  • kyfdxkyfdx Moderator Posts: 267,589
    fsuphi1490 said:

    Do you have the MF rate for the different tiers? I am seeing vastly different rates quoted by different dealerships and brands, so just wondering if there is a uniform rate BMW uses that I can tell if a dealership is increasing it. Thanks.

    .00182 is the base MF.
    The maximum dealer markup is .00040

    Next tier down adds .00010, then another .00020 for each tier below that.

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  • fsuphi1490fsuphi1490 Member Posts: 18
    Any changes to the program for December, 22124
    24/10/12
    BEV
  • kyfdxkyfdx Moderator Posts: 267,589
    fsuphi1490 said:

    Any changes to the program for December, 22124
    24/10/12
    BEV

    No changes

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  • leasehuntleasehunt Member Posts: 57
    Hi. Could you please provide info./incentives for the following:
    2018
    REX
    12K miles/year
    24, 30, or 36 months

    Do numbers vary regionally as with other models or are they the same nationwide for the i3?
    Thanks!

  • kyfdxkyfdx Moderator Posts: 267,589
    leasehunt said:

    Hi. Could you please provide info./incentives for the following:
    2018
    REX
    12K miles/year
    24, 30, or 36 months

    Do numbers vary regionally as with other models or are they the same nationwide for the i3?
    Thanks!

    .00182 MF
    63%/60%/57% residual
    $7500 lease credit

    We haven't seen any variation by location

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  • Michael_StMichael_St Member Posts: 2
    Can you please share the numbers for 24/12 in zip 85256?
    thanks!
  • kyfdxkyfdx Moderator Posts: 267,589
    Michael_St said:

    Can you please share the numbers for 24/12 in zip 85256?
    thanks!

    .00182 MF and 63% residual
    $7500 lease credit

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