06-07-2021, 10:23 PM | #45 | |
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06-07-2021, 11:40 PM | #46 |
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We have leased two ev's in the past couple years and both times we were able to take advantage of $7500 federal rebate as part of the deal. Nissan was very transparent about it. The CA rebate (old one) we had to file for on our own and got a check in the mail. Same for the $600 local utility rebate. I believe both of those are gone now and it's just the $1500.
Don't think we'll go i4 though. I am not sold on the front grills and my wife really likes the x5 45e. Our close friends have one and love it. With charging at home and using all electric as much as possible, they got over 900 miles on one tank of gas. Sure it has way more complexity given the hybrid drive train, but it hits the sweet spot if you take road trips. And with a lease, I am not concerned about longevity of the drive train. It's all under warranty for as long as we would drive it. |
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06-08-2021, 01:54 AM | #47 | |
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06-08-2021, 01:59 AM | #48 |
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We have a 94Ah i3 lease right now and was looking forward to i4 and iX. Our lease is up in a month so i4/iX timeline doesn't match and we had to go with another i3 (at least this one is 120Ah). But even if they were available right now we wouldn't get them because they're not gonna have any lease deals as sweet as i3 and they are still first gen vehicles (despite the fact that I trust BMW's first gen to TSLA's 5th gen).
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06-08-2021, 02:01 AM | #49 | |
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06-08-2021, 02:04 AM | #50 |
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We did all of this for our previous i3 lease and now that we are getting another one we found out currently i3 is not eligible for CCA rebate or Fleet Discount! So only Uncle Sam's $7500 and loyalty…
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06-08-2021, 02:06 AM | #51 |
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06-08-2021, 02:06 AM | #52 | |
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06-08-2021, 02:21 AM | #53 |
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BMWCCA rebate ended a few years ago for the i3. Kinda sucks, but I managed to get $3k out of it! Hopefully they will include the i4 in the program.
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06-08-2021, 08:13 AM | #54 | ||
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06-08-2021, 08:30 AM | #55 | |
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06-08-2021, 10:05 AM | #56 | |
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06-08-2021, 01:41 PM | #57 |
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In Norway they opened for orders of the i4 last week. The sales from the first week indicate a huge blockbuster success - I am pretty sure the i4 will be top 5 in the Norwegians sales charts in 2022.
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06-08-2021, 01:52 PM | #58 |
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It's interesting. Under the lease tab, it didn't mention the $7500 credit, but it does on the Cash and Finance tab.
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06-08-2021, 02:40 PM | #60 |
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Any idea what the exact m50 spec and packs are? Is there more technical detail if they are already for sale?
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06-08-2021, 02:44 PM | #61 | |
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In terms of the i8 and other PHEVs, the credit is lower than full BEVs as they use less battery power for propulsion. From IRS.GOV - Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) Internal Revenue Code Section 30D provides a credit for Qualified Plug-in Electric Drive Motor Vehicles including passenger vehicles and light trucks. For vehicles acquired after 12/31/2009, the credit is equal to $2,500 plus, for a vehicle which draws propulsion energy from a battery with at least 5 kilowatt hours of capacity, $417, plus an additional $417 for each kilowatt hour of battery capacity in excess of 5 kilowatt hours. The total amount of the credit allowed for a vehicle is limited to $7,500. |
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06-08-2021, 02:45 PM | #62 |
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06-08-2021, 02:49 PM | #63 |
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I really think it would be wise for people to confirm with their local dealers how this would work. It's possible my memory is off, my dealer showed incorrect lease figures, I misunderstood my dealer, or the regs on leasing have changed with respect to Federal credit use from the time that some other commenters purchased their EVs to now. At any rate I felt the purchase was more cost effective for my use case since we paid the car off a couple months after purchase and we viewed the alternative as cash earning 0 on the cash not paid for the car while paying interest costs in a lease. I should also note that my dealer did charge 1% above the buy rate so early payoff for a purchase is meaningfully different for that. Your use case and experience may vary.
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06-08-2021, 03:01 PM | #64 | |
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06-08-2021, 04:08 PM | #65 | |
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Which means, confirm with BMWFS first before seeing the dealer to knowledgeably scrutinize their contract.
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06-08-2021, 04:44 PM | #66 |
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I have put down the deposit on an i4 M50. My wife reserves the right to revoke my permission once she sits in one and makes a judgement about how comfortable it is, but the car looks and sounds fantastic to me, so I'm very excited about it.
I'm excited to hear about more of the details especially about available options and features, and the grille still kind of rubs me the wrong way, but it was good enough that I'm excited to put down the $1500. I wanted to lease when I bought my 2018 530e in spring 2017 but at that point BMWFS was not passing along the PHEV federal tax credit to lessees. They told me because it was a new and in-demand model they didn't feel they had to!? I don't know if they eventually did on later ones or not. I ended up having to finance it instead. It made me a little angry as they didn't disclose this until the car was ready and we were signing final paperwork, but I guess I'm more shrewd now because of that experience. That car, despite being one of the first made, has been flawless over the 50,000 miles I've put on it, with just a few extremely minor glitches they've been able to solve while I waited. I used to be of the mind that it was a bad idea to buy the first year, but I'm not so worried about it. They did make some nice upgrades and additional options available in subsequent years, but it's a trade-off. I was happy to have had the car extra years. I asked the tech I work with at the dealership about this and she indicated that they've been doing a really good job engineering all the more recent models in the past 5 or so years and she wouldn't hesitate to get the first MY of a new car. |
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