Thread: Lease rates
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      03-01-2014, 10:35 PM   #3
catpat8000
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Drives: 2019 M5
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Quote:
Originally Posted by eric9610 View Post
I just got done driving an i3 all electric at a local dealer and the car is very nice. BMW has informed dealers of the initial lease rates and program for the cars. The payment will be $700.00 + plus tax with 4k down on top of the credit, 15k miles per year and a residual of 43%. Good luck BMW. Also my local dealer is getting 8 i8's.
Maybe I misunderstand but my dealer told me there was a ~5K rebate on leased cars to make up for part of the $7500 credit.

But in CA there is a $7500 federal credit and, I think, a $2500 state credit. So even without considering lease rates, isn't it a no-brainer to buy since buying gets you a $10K credit?
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