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      04-08-2015, 12:08 PM   #1
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What are i3's Leasing For?

Took my car in for service and they offered me an i3. I absolutely love the car! I do a lot of short range driving any given day so it would be perfect.

Assuming there are still '14s around, what would be a good 2 year lease deal? Someone told me after the incentives ($6000 in Colorado) and being a member of some BMW group (another $1000 off) he pays $120/month. Not sure what he put down but that seems like a great deal.

What would be a decent deal on a '15 model and is there any real difference in the new model year? Is there something spectacular about the '16 models which I presume will be out soon.

Final question, how are these things in the snow with the tires that they come with?

Thanks for your input!
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      04-08-2015, 01:45 PM   #2
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If it is a 2014 model, don't let the dealer make a bunch of money because Colorado has a great tax incentive. I've been reading deals of up to $7k off MSRP before any tax incentives. Do some homework, you might even seek out BMW i3 forums, this one seems to just have one discussion area, others have more. If its a 2015, then the deals are not as hot. If leasing, they should give you another $5500 off (partial federal tax incentive rebate from the leasing company) and there is currently another $500 "buildout cash" it was $2000 last month. Depending on model and options and Colorado's incentive, you could get a 24 month lease crazy cheap.

I mean seriously, why is this forum still named i3 and i4? i4 doesn't exist.
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      04-10-2015, 01:58 PM   #3
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Quote:
Originally Posted by M8 View Post
Took my car in for service and they offered me an i3. I absolutely love the car! I do a lot of short range driving any given day so it would be perfect.

Assuming there are still '14s around, what would be a good 2 year lease deal? Someone told me after the incentives ($6000 in Colorado) and being a member of some BMW group (another $1000 off) he pays $120/month. Not sure what he put down but that seems like a great deal.

What would be a decent deal on a '15 model and is there any real difference in the new model year? Is there something spectacular about the '16 models which I presume will be out soon.

Final question, how are these things in the snow with the tires that they come with?

Thanks for your input!
I did quite a lot of research last month and the best deal I found in Colorado for 2014 Giga REX with Tech package was about $450/month (no money down and including all the taxes and fees) for 24 months and 12k miles a year. Note that the federal and state tax incentives are not rebates and also not applicable if you are leasing the car since BMW Financial Services still owns the car. That is why BMW can offer those crazy lease incentives since they get to keep the $4875 Federal tax incentive. You can choose the owner's choice option to qualify for the tax incentives but again they are not tax rebates so you would have to owe $7500 in federal taxes and $6000 in state taxes when you are doing your taxes next year. In my case my employer withholds enough that I don't really owe much when I am doing my taxes so the incentives would not help me.

I really liked the i3 as well and was seriously considering it but I think it is not the best value out there if you factor in the limitations of the car plus the investment you need to make in home charging station and winter tires.

Last edited by boulderado; 04-10-2015 at 02:20 PM..
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      04-10-2015, 06:00 PM   #4
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Quote:
Originally Posted by boulderado
Quote:
Originally Posted by M8 View Post
Took my car in for service and they offered me an i3. I absolutely love the car! I do a lot of short range driving any given day so it would be perfect.

Assuming there are still '14s around, what would be a good 2 year lease deal? Someone told me after the incentives ($6000 in Colorado) and being a member of some BMW group (another $1000 off) he pays $120/month. Not sure what he put down but that seems like a great deal.

What would be a decent deal on a '15 model and is there any real difference in the new model year? Is there something spectacular about the '16 models which I presume will be out soon.

Final question, how are these things in the snow with the tires that they come with?

Thanks for your input!
I did quite a lot of research last month and the best deal I found in Colorado for 2014 Giga REX with Tech package was about $450/month (no money down and including all the taxes and fees) for 24 months and 12k miles a year. Note that the federal and state tax incentives are not rebates and also not applicable if you are leasing the car since BMW Financial Services still owns the car. That is why BMW can offer those crazy lease incentives since they get to keep the $4875 Federal tax incentive. You can choose the owner's choice option to qualify for the tax incentives but again they are not tax rebates so you would have to owe $7500 in federal taxes and $6000 in state taxes when you are doing your taxes next year. In my case my employer withholds enough that I don't really owe much when I am doing my taxes so the incentives would not help me.

I really liked the i3 as well and was seriously considering it but I think it is not the best value out there if you factor in the limitations of the car plus the investment you need to make in home charging station and winter tires.
Well I don't know what you mean about owing 7500 and 6000 in taxes as I would have owed 2 grand this year in taxes and because I bought the i3 I got a very nice check for over 5 grand ! Paid to have the stage 2 power supply installed and some other odds and ends with that money...


The money they give you is a tax credit dollar for dollar.

And the 4k that Illinois used to give as an incentive was not taxable income so you had it fair and square and they didn't tax you on it later.
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      04-11-2015, 08:00 AM   #5
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Right now they are whoring them out.

No way in hell I'd purchase one.

Lease is the only way to go.
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      04-12-2015, 10:58 PM   #6
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Just took delivery of a 2014 loaded, every option. 24 month lease, $2400 drive off, 10k miles, $399 a month. Love the car!
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      04-13-2015, 09:34 AM   #7
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Michigan - no state incentive, $4850 federal applied to 24 month lease, leased in November 2014, $1000 drive off on $51.3k (giga, ACC and Nav Prof., heated seats) REx, $470 per month.

I was also offered a $48.5k (giga, everything but H/K audio) BEV for $405, same terms.
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      04-13-2015, 01:54 PM   #8
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Quote:
Originally Posted by -c- View Post
Well I don't know what you mean about owing 7500 and 6000 in taxes as I would have owed 2 grand this year in taxes and because I bought the i3 I got a very nice check for over 5 grand ! Paid to have the stage 2 power supply installed and some other odds and ends with that money...


The money they give you is a tax credit dollar for dollar.

And the 4k that Illinois used to give as an incentive was not taxable income so you had it fair and square and they didn't tax you on it later.
Oh wow, from what I read online I was under the impression that you wouldn't get a refund for the income tax you already paid but apparently you received a nice refund check. That means Owners Choice is the way to go if you live in a state with decent EV incentives (like Colorado)...
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      04-15-2015, 07:57 PM   #9
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Quote:
Originally Posted by Imola.ZHP View Post
]

I mean seriously, why is this forum still named i3 and i4? i4 doesn't exist.
PREACH

this bothers me every time i come to this forum
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      04-16-2015, 02:43 PM   #10
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I leased my 2014 with REX for $1,000.00 down on a 3 year, 36K mile lease through BMW Financial for $455.00/month. This included their $750.00 "lease protection plan", which may wind up not being worth it. I still need to find out about the 2015 EV tax credit thing for next year's taxes.


BMW of Columbia, SC still has 3 2014's sitting unsold on the lot. All silver. 1 with REX, 2 without. One of the non-REX models is in the showroom. It features the wood and leather clad interior (Giga world?)and the upgraded sound system, none of which mine has.

But, mine has the parking assistant package and the upgraded technology package that that one doesn't have. And it's solar orange; the only one they got in and sold.

http://www.bmwofcolumbia.com/new-inv...elections=true
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      04-17-2015, 01:56 AM   #11
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Quote:
Originally Posted by drhardee
I leased my 2014 with REX for $1,000.00 down on a 3 year, 36K mile lease through BMW Financial for $455.00/month. This included their $750.00 "lease protection plan", which may wind up not being worth it. I still need to find out about the 2015 EV tax credit thing for next year's taxes.


BMW of Columbia, SC still has 3 2014's sitting unsold on the lot. All silver. 1 with REX, 2 without. One of the non-REX models is in the showroom. It features the wood and leather clad interior (Giga world?)and the upgraded sound system, none of which mine has.

But, mine has the parking assistant package and the upgraded technology package that that one doesn't have. And it's solar orange; the only one they got in and sold.

http://www.bmwofcolumbia.com/new-inv...elections=true
Well not a lease but customers choice I got a 2014 i3 msrp 51650 and pay 600 a month with 4k down. If I did a base it be a whole lot cheaper.
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      04-17-2015, 08:21 PM   #12
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Nashua NH yesterday (4/16/15): $12,800 single payment two year 20,000 mile lease on 2014 i3 with REX and a bunch of added goodies. Too tired right now to go look up the exact package. Maybe tomorrow.

There was a less loaded demo/loaner with 1,500 miles on it that I could have had for nine thousand something - don't remember the exact number. It was quoted over the phone, and I had already made up my mind to go for the one I got.
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      05-01-2015, 09:51 AM   #13
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2014 REx

msrp 54250
Base MF - 7 MSDs
63% Residuals
10k/24 month
$0 down
$375 month with CA taxes
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      05-01-2015, 03:46 PM   #14
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2014 BEV

msrp 43,900
Base MF - 7 MSDs
63% Residuals
10k/24 month
$0 down
$257 month with PA taxes

is this a good deal?
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      05-01-2015, 05:31 PM   #15
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Originally Posted by toni8284 View Post
2014 BEV

msrp 43,900
Base MF - 7 MSDs
63% Residuals
10k/24 month
$0 down
$257 month with PA taxes

is this a good deal?
Looks pretty dang good to me
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      05-02-2015, 10:33 AM   #16
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Quote:
Originally Posted by MFNATIK
2014 REx

msrp 54250
Base MF - 7 MSDs
63% Residuals
10k/24 month
$0 down
$375 month with CA taxes
Great deal!
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      05-02-2015, 01:58 PM   #17
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12,830 off MSRP
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      05-02-2015, 04:36 PM   #18
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12,830 off MSRP
Including rebates/tax credits or are they still to be considered?
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      05-02-2015, 06:03 PM   #19
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Including rebates/tax credits or are they still to be considered?
Thats everything considered.
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      05-03-2015, 10:19 AM   #20
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Just leased a dealer demo 2014 Rex Mega with 4000 miles.

1900 down plus 1700 in MSDs.

$248.xx including CA tax per month.

10,000 miles per year/ 24 months.

Love the car.
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      05-03-2015, 03:54 PM   #21
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Just leased a dealer demo 2014 Rex Mega with 4000 miles.

1900 down plus 1700 in MSDs.

$248.xx including CA tax per month.

10,000 miles per year/ 24 months.

Love the car.
From Crevier?
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      05-03-2015, 04:23 PM   #22
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Nope. Center.
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