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      01-11-2020, 08:20 PM   #6
BMWBuffalo
Second Lieutenant
United_States
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Drives: 2020 X7 M50i
Join Date: Jul 2015
Location: Kentucky

iTrader: (2)

Federal EV Credit $7,500

I am currently in the process of getting lease quotes for a 2020 i3s BEV. All 4 of the client advisors I have spoken to have said the $7,500 federal EV credit is "not available" on the 2020 models. It is however, available on the 2019's.

Does anyone have insight into why BMW is not offering the $7,500 rebate on the 2020? Without this credit the lease payment on a 2020 i3s BEV with an MSRP of $56,000 is about $750 ($3,000 in incentives, 64% residual, base MF, invoice, 24 month, zero drive off, 10,000 miles). IMHO $750 a month is CRAZY, especially when I was able to lease one for $300 - $400 a few years ago.
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