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      09-17-2016, 04:32 PM   #1
BarryJI
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i3 lease: advice please

Hi gents, I'm hoping I can help a buddy out here. He is contemplating leasing a new i3 which, according to dealer sites, can be had for $300 per month over a three-year term. I financed my 2016 228i M Sport and know relatively little about leasing; I don't know enough about the effect of things like the money factor or the residual (although I know this can trip people up at the end of the term). As I said, rates quoted online are $300 pm and a residual value of $28K. MSRP appears to be $42K - $47K depending on equipment, such as a range extender kit.

Since I don't know much about leasing and even less about electric cars (and whatever buyer incentives might exist for them in CA), can anyone advise my friend how to approach this transaction? It would be very valuable to him to get unbiased advice from knowledgeable people here rather than rely on dealer personnel. Thanks!
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      09-17-2016, 07:36 PM   #2
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Quote:
Originally Posted by BarryJI View Post
Since I don't know much about leasing and even less about electric cars (and whatever buyer incentives might exist for them in CA), can anyone advise my friend how to approach this transaction?
Step 1: learn about leasing (regular or electric cars - same logic, pitfalls, and math apply). Start with leasing 101 thread:
http://f80.bimmerpost.com/forums/sho....php?t=1084623

Step 2: learn about electric cars and whether one is right for your friend.


There will be trade-offs.
No-one can answer which direction the transaction should go, except for the person involved. He/she needs to do the legwork.

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