[drlonline]

Anyone in the US leasing their i8? Are leases even available for the car? If you are leasing, what terms did you get (e.g. money factor, residual)?

[BMWMico]

Yes, leasing is available. Residual is 55% for 15k miles, same money factor as i3.
$2,465 instant tax rebate.

[garage queen 335is]

I was offered $2800.00 per month to lease, so I bought it. $1750 per month for 6 years

[mystopolis]

I havent locked in yet but after i ordered the dealer said i would have an option of leasing 15k down with 56% residual @ 1900 a month for 3 years and a secondary lease option with a security deposit of 13k returnable at the end of the lease term to drop the price down to 1800 a month. Still not sure i want to lease if theres a chance of driving it for a year and selling it for at least msrp. Any of these options with 12k miles a year.

[Carac]

Originally Posted by mystopolis

I havent locked in yet but after i ordered the dealer said i would have an option of leasing 15k down with 56% residual @ 1900 a month for 3 years and a secondary lease option with a security deposit of 13k returnable at the end of the lease term to drop the price down to 1800 a month. Still not sure i want to lease if theres a chance of driving it for a year and selling it for at least msrp. Any of these options with 12k miles a year.

With favorable terms you could finance an i8 for $200ish more a month...just in case you wanted to only keep a year and try to flip for MSRP.

[onesixeight]

Even if you do decide to lease, you can always pay off the lease early to transfer it to someone else.

Since inventory levels of this car will remain low, I don't believe you will lose anything going this route as you are likely to get at least MSRP back on the car. You can transfer the lease or get a pay off from BMW Financial. There is a small transfer fee (couple hundred dollars) if you decide to go the transfer route and the new buyer would need to do a credit check.

I've done both in the past and its a pretty smooth process.

[gadgetfreaky]

I definitely intend to keep this car for a while. My last one was a 2006 550 I still have.
I could either 1. pay cash. 2. finance at 1.25% for 72 months from DCU https://www.dcu.org/loans/auto-loans.html
or 3. Lease.

I think #2 is the best option as that's basically insane rate (you need to do direct deposit) & cool that you get 0.25 off of their 1.49 for it being a plugin hybrid. (I can earn 5% after taxes on my money pretty safely)

I called, haven't applied since the car doesn't come for another 3 weeks. I should qualify, they said they'd have to get a manager to approve it since it's such an expensive car (normally they do up to $100K) but it shouldn't be a problem.

I do wonder though if I should lease I minimize my payments though? and just intend to buy it at the end? Does BMW have a good money factor deal right now?

would love to hear how others are buying/leasing and how much. I have the impulse world so it's $161,730.95 after the $13K in taxes and $1K in fees.

I was probably going to buy the tire insurance since I have construction in my neighborhood year around (beach community) & pickup a nail every few months. Wife's car we found 4 nails in 3 tires last week.

Also, did anyone get the extended warranty? how much and what did it cover?

[hytek]

I got a deal similar to mystopolis.

[PhantomCypher]

Originally Posted by gadgetfreaky

I could either 1. pay cash. 2. finance at 1.25% for 72 months from DCU https://www.dcu.org/loans/auto-loans.html
or 3. Lease.

I just looked at their site and can't find anything lower than 1.49%. Where'd you get 1.25% for 72 months for that size of a loan?

[gadgetfreaky]

Originally Posted by PhantomCypher

I just looked at their site and can't find anything lower than 1.49%. Where'd you get 1.25% for 72 months for that size of a loan?

you get a 0.25% discount because it's a plug in hybrid

[mystopolis]

Originally Posted by gadgetfreaky

I definitely intend to keep this car for a while. My last one was a 2006 550 I still have.
I could either 1. pay cash. 2. finance at 1.25% for 72 months from DCU https://www.dcu.org/loans/auto-loans.html
or 3. Lease.

I think #2 is the best option as that's basically insane rate (you need to do direct deposit) & cool that you get 0.25 off of their 1.49 for it being a plugin hybrid. (I can earn 5% after taxes on my money pretty safely)

I called, haven't applied since the car doesn't come for another 3 weeks. I should qualify, they said they'd have to get a manager to approve it since it's such an expensive car (normally they do up to $100K) but it shouldn't be a problem.

I also just called DCU. The only way to get the 1.25% is with a hybrid vehicle (i8 ) and opening a direct deposit checking account in which your net pay check from your job (as stated on your credit application) must be deposited into this checking account. I guess you could simply deposit it into another account thereafter but damn if that wouldn't be a pain in the ass.

If anyone finds a fairly cheap rate that doesn't require opening a checking account let me know.

[ChiTownM]

If you are a Chase platinum customer their rate is fairly close to the one you mention.

[onesixeight]

Here are the March Lease figures for the i8:

Residuals:

24 mo 54%
30 mo 59%
36 mo 64%

Above are for 15k mileage, add 2 percent for 12k and 3 percent for 10k leases.

MF is .00125

[twm6]

anyone else can recommend any others?

[GreenLantern]

Originally Posted by onesixeight

Here are the March Lease figures for the i8:

Residuals:

24 mo 54%
30 mo 59%
36 mo 64%

Above are for 15k mileage, add 2 percent for 12k and 3 percent for 10k leases.

MF is .00125

Thanks for these details.

I suspect the residuals are reversed, and should be:

24 mo 64%
30 mo 59%
36 mo 54%

Please correct me if I'm wrong.

[onesixeight]

Originally Posted by GreenLantern

Thanks for these details.

I suspect the residuals are reversed, and should be:

24 mo 64%
30 mo 59%
36 mo 54%

Please correct me if I'm wrong.

You're right! Thanks for the correction.