Bought a 2nd i3 from Greg Poland at Pacific BMW tonight. Highly highly recommend going to see him if you're in the SoCal area. He really takes care of the BMW enthusiast community with no hassle or gimmicks. Wanted to jump into another lease before May 1st because BMW is ending the 7 MSD program. That saved me about $40/mo on this car. I wanted the same car I had before and Greg was able to source exactly the options I wanted from anther dealer. No boxes left unchecked
So Thanks Greg!
Picked up a white fully loaded REx. I use this as a daily commuter vehicle (28 mile round trip). Loved my 2015 so bought another. Here's the deal I got for those shopping right now:
2017 BMW i3 with Range Extender- Tera World
- Parking Assistant Package
- Sport 20" BMW i Light Alloy Double Spoke wheels style 430 w/mixed tires
- Technology + Driving Assistant Package
- Moonroof
- harman/kardon Premium Sound System
MSRP: $57,495
Sales Price: $51,725
BMWNA Incentive: $7500.58
AARP MF Fleet Rate Incentive: 0.00004 Savings
Lease: 30/mo 10k Year
Residual: 61%
Money Factor: .0013 (Base) - 0.00004 (AARP) - 0.00049 (7MSD) =
0.00077
Down: $0
Total Drive Off: $2603 + $2800 (MSD) = $5403
- 7 MDS: $2800 (Refundable)
- CA Registration Fee: $86
- CA License Fee: $336
- Sales / Use Fee: $87.94
- BMWFS Acquisition Fee: $925
- Electronic Title Fee: $26
- Sales Tax on Cap Reduction: $656.30
- Doc Fee: $80
- CA Tire Fee: $7
Base Payment: $366.14
Tax: $32.04 (Los Angeles 8.75%)
Total: $398.18/mo
I'm expecting to get the $500 rebate through BMWCCA and $2,500 back from CA. My previous i3 was $349.20/mo so this is a bit higher but the incentives just aren't there right now. Plus I've gained 40% bigger battery and a moonroof so thats ok I guess. They may have a few thousand in credits towards end of summer as usual but by my math it still seemed worth doing the 7 MSD while it last now and forgoing potentially 2k and build out credit later on.
-Time