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2014 BMW i3 Lease Questions

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  • Options
    mpower7mpower7 Member Posts: 12
    Sounds good. I will negotiate for the 2014 model. I plan to get the details tomorrow so will post it here for your advice. Thanks!
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    dewarsandsodadewarsandsoda Member Posts: 207
    Hi Kyfdx,
    I'm looking to lease a 2014 Mega i3 for my father. Can you please provide the following details for a 24/10K lease?
    - RV
    - MF
    - MF - If I do a one time payment lease?
    - Are MSDs offered? What's the reduction for each Security Deposit?
    - Incentives/Bonus cash.

    Also, I'm in San Diego, so any recommendations from the forum as to transparent and credible dealers in San Diego or OC would be much appreciated.

    Cheers!
  • Options
    MichaellMichaell Moderator Posts: 244,036
    dewarsandsoda said:

    Hi Kyfdx,
    I'm looking to lease a 2014 Mega i3 for my father. Can you please provide the following details for a 24/10K lease?
    - RV
    - MF
    - MF - If I do a one time payment lease?
    - Are MSDs offered? What's the reduction for each Security Deposit?
    - Incentives/Bonus cash.

    Also, I'm in San Diego, so any recommendations from the forum as to transparent and credible dealers in San Diego or OC would be much appreciated.

    Cheers!

    2014 - .00125 and 63% for 24/10. $7500 in lease incentives.

    Reduce MF by .00030 for a one-pay lease.

    MSD are available ... max 7 with a .00007 reduction for each.

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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    mpower7mpower7 Member Posts: 12
    Hi Kyfdx/All,

    I was sent the following offer by local dealer for a 2014 BMW i3 lease. Personally, I don't think its anywhere close to what this forum has been discussing i.e. Not good at all. This car is not built with options and colors I like. I will ask the salesman for offer on the car I like and post it here. I am still posting it here for your opinion. I am located in Northern California.

    2014 BMW i3 14IB 5dr HB w/Range Extender
    Vehicle Price: $47,750.00
    Dealer Discount: -$5,756.60
    Dealer offer Price: $41,993.40
    Sales Tax (estimate): + $3,578.70
    Weight Fee: + $24.00
    Tag/Registration Fees (estimate): + $343.00
    Flat Add/County Fee: + $10.00
    Electronic Filing: + $29.00
    Smog Abatement Fee: + $20.00
    Documentation Fee: + $80.00
    Balance Due (estimate): $46,078.10
    LEASE OPTIONS
    Cash Due 36 months (Rebates: $5,500) 10,000 Miles
    $2,500 $448 per month
    $5,000 $373 per month
    $7,500 $297 per month

    Thanks!
  • Options
    MichaellMichaell Moderator Posts: 244,036
    mpower7 said:

    Hi Kyfdx/All,

    I was sent the following offer by local dealer for a 2014 BMW i3 lease. Personally, I don't think its anywhere close to what this forum has been discussing i.e. Not good at all. This car is not built with options and colors I like. I will ask the salesman for offer on the car I like and post it here. I am still posting it here for your opinion. I am located in Northern California.

    2014 BMW i3 14IB 5dr HB w/Range Extender
    Vehicle Price: $47,750.00
    Dealer Discount: -$5,756.60
    Dealer offer Price: $41,993.40
    Sales Tax (estimate): + $3,578.70
    Weight Fee: + $24.00
    Tag/Registration Fees (estimate): + $343.00
    Flat Add/County Fee: + $10.00
    Electronic Filing: + $29.00
    Smog Abatement Fee: + $20.00
    Documentation Fee: + $80.00
    Balance Due (estimate): $46,078.10
    LEASE OPTIONS
    Cash Due 36 months (Rebates: $5,500) 10,000 Miles
    $2,500 $448 per month
    $5,000 $373 per month
    $7,500 $297 per month

    Thanks!

    As far as I understand, CA taxes the monthly lease payment; not sure why they show a line item for sales tax against the entire selling price.

    I would also confirm that the discount they are offering you is separate from the available rebates.

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    mpower7mpower7 Member Posts: 12
    Hello, yes CA taxes the monthly lease payment. I will ask them about this. Also like you suggested I will ask them for what discount they offer separately from the available rebates.
  • Options
    mpower7mpower7 Member Posts: 12
    Hi Kyfdx,

    Attached is the offer I am getting. Th residual, terms and net cap match my numbers. Rest I do not.
    I get $349.49 monthly payment but the dealer is at $388.12
    Can you check if I am missing anything?

    Drive off is at $1357.62

    Thanks,
    -Manish
  • Options
    kyfdxkyfdx Moderator Posts: 241,042
    mpower7 said:

    Hi Kyfdx,

    Attached is the offer I am getting. Th residual, terms and net cap match my numbers. Rest I do not.
    I get $349.49 monthly payment but the dealer is at $388.12
    Can you check if I am missing anything?

    Drive off is at $1357.62

    Thanks,
    -Manish

    My math agrees with your attachment.. $357.71/mo.+tax

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    mpower7mpower7 Member Posts: 12
    Great!
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    mpower7mpower7 Member Posts: 12
    Sorry, can you post the 2015 numbers so I can compare with this 2014 offer I am getting. I like the 2014 offer that your math agreed to. But I want a different color and wheel options, only on a 2015 that the dealer has in stock.
  • Options
    kyfdxkyfdx Moderator Posts: 241,042
    mpower7 said:

    Sorry, can you post the 2015 numbers so I can compare with this 2014 offer I am getting. I like the 2014 offer that your math agreed to. But I want a different color and wheel options, only on a 2015 that the dealer has in stock.

    Numbers are the same.. only $2625 less in incentives on the 2015 model... It will be substantially more expensive to lease.

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    mpower7mpower7 Member Posts: 12
    Understand. Thanks for the prompt responses. I will stick to 2014 models.
  • Options
    ClairesClaires Member Posts: 1,222
    To discuss lease details for the current model, please visit the 2015 BMW i3 Lease Questions forum.

    MODERATOR

    Need help getting around? claires@edmunds.com - or send a private message by clicking on my name.

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