Post Your 2020 i3 Deals Here

[diesel733]

2020 i3s Rex. Tech and driver assistance package, moonroof, Giga World package. MSRP $58,195. Fully loaded. $3k out of pocket. (Fees, registration, doc fees, tax on rebates etc) $385 plus tax for 36 months 12k miles a year

[capt_slow]

Originally Posted by jmg

11% off is pretty standard on an i3. On my 2018 I got 10.49% off. On my 2019 I got 12.47% off. I simply asked all the dealers in my area for their best discount at buy rate money factor, and told them I would be asking all the other dealers in my area the same thing. This is all before incentives. You just gotta ask.

How realistic is getting 10-12% off MSRP these days?

I've been shopping around and I can get about 8% off MSRP. The dealers are all raising up scare tactics that i3 production will end soon, existing inventory is scarce, and BMWNA is going to gut incentives.

[jmg]

Originally Posted by capt_slow

How realistic is getting 10-12% off MSRP these days?

The dealers are all raising up scare tactics that i3s production will end soon, existing inventory is scarce, and BMWNA is going to gut incentives.

Depends on if you believe them or not. In the end it doesn't matter if inventory is scarce or if they are GOING TO gut incentives. If the car is on the lot, they want to sell it. If the incentives are in place, they are still in place. They will try and maximize their profits, so the same tactic applies. Call all the dealers and have them compete for your business. My past two i3's both had the same 10-11% discount and at the time not every dealer was willing to give that much off. Most were saying 6-8%. But with enough competition, there was always that one that's willing to get your business.

[capt_slow]

Originally Posted by jmg

Depends on if you believe them or not. In the end it doesn't matter if inventory is scarce or if they are GOING TO gut incentives. If the car is on the lot, they want to sell it. If the incentives are in place, they are still in place. They will try and maximize their profits, so the same tactic applies. Call all the dealers and have them compete for your business. My past two i3's both had the same 10-11% discount and at the time not every dealer was willing to give that much off. Most were saying 6-8%. But with enough competition, there was always that one that's willing to get your business.

I guess I spoke too soon. A dealer I visited over the weekend followed up shortly after I made my post. They came back with a better offer that ended up being around 10% off MSRP. Too bad I cant pull the trigger just yet.

[Heiznberg]

Originally Posted by jmg

Got my '19 i3 BEV in October

$53k MSRP
12.5% discount
$10k incentives
60% residual
10k/30mo
Max MSDs
0.00110 MF
$3500 in post sale rebates fronted as cap cost reduction

$195/mo including tax.

This deal is insane. I’ve been looking into 2020 i3s and the best deal that I could get is $370/month including tax, $2500 down on 10k/36 months.

[CRtoE92]

Originally Posted by capt_slow

I guess I spoke too soon. A dealer I visited over the weekend followed up shortly after I made my post. They came back with a better offer that ended up being around 10% off MSRP. Too bad I cant pull the trigger just yet.

I was also pushing for 12% + discount off msrp, no luck in southern california. Just signed with 11% off
My payment is $141 w/ 10.25% tax included for 30month 12k it is the sweet spot for i3 lease

Just put $1050 as MSD and $3000 cap cost reduction which ill be getting back from cvrp and sce

[jmg]

Originally Posted by CRtoE92

I was also pushing for 12% + discount off msrp, no luck in southern california. Just signed with 11% off
My payment is $141 w/ 10.25% tax included for 30month 12k it is the sweet spot for i3 lease

Just put $1050 as MSD and $3000 cap cost reduction which ill be getting back from cvrp and sce

Not bad at all! Looks like a great deal! What was the sticker?

[CRtoE92]

Originally Posted by jmg

Not bad at all! Looks like a great deal! What was the sticker?

Pretty base Rex so it was 49,295. I debated soo much between Bev and Rex, i probably would have gotten well equipped Bev at this msrp but i just wanted to have additional range. A big change for me from M4 cs to i3 rex. I envy you have both

[capt_slow]

Originally Posted by CRtoE92

Pretty base Rex so it was 49,295. I debated soo much between Bev and Rex, i probably would have gotten well equipped Bev at this msrp but i just wanted to have additional range. A big change for me from M4 cs to i3 rex. I envy you have both

The i3 REX I was looking at stickered around $52K. The dealer offered around 10% off MSRP before incentives, came out to around $123/month for 30mo/10K with about $6K drive off. This was their high-level offer and I didn't dissect the deal too much, but eventually reverse engineered it:

• $2K below invoice before incentives
• $3K loyalty and $7.5K lease incentive
• $1K OL Code
• Buy-rate MF
• 7 MSDs
• $3K down payment for the CVRP and SCE rebates
• Acquisition fee residualized
• All other inception fees and taxes paid upfront

It looks like SCE will end the EV rebate at the end of the year. A state rebate of $1500 will replace it. The good news is that it's applied at sale, the bad news is the dealer needs to be enrolled in the program. I'm checking with a few CAs to see if they are interested in signing up.

https://cleanfuelreward.com/

[capt_slow]

Ended up pulling the trigger on a new 2020 i3 REX. I ended up spamming a whole bunch of dealers with my offer. Some didnt want to play ball and some countered offered. Settled on $2K below invoice. I put $3K up front in-lieu of the SCE and CVRP rebates that I would get back in a few months.

Year, Make, Model, and Trim: 2020 BMW i3 REX, Tech Package, Giga World, Moonroof
MSRP: $54945
Selling Price: $49290 (incl. $500 OL code)
Monthly Payment: $100
Drive-Off Amount: $7K (MSDs, $3K down, tax, title, acq fee, etc.)
Months: 30
Annual Mileage: 10000
MF: 0.00047 (0.00082 buy-rate less MSDs)
Residual: 59%
Incentives: $7500 Lease Credit, $3000 Loyalty, $1000 i3 Lease-to-Lease credit

[yojimbo1]

Good deal, Capt Slow!

I’m looking to purchase i3s.

Have received several dealer quotes.........none included both 7,500 incentive and 3,000 loyalty.

Seems like they are not playing straight with me?

[capt_slow]

Originally Posted by yojimbo1

Seems like they are not playing straight with me?

They probably just need to be hand-held.

• Offer a price relative to invoice prior to incentives(ie. $3K below invoice)
• Itemize all the incentives you want to use
• State your lease term and mileage. 24mo is generally good, but I need 30 months qualify for the CA state CVRP rebate.
• Demand buy-rate MF
• Declare you will be putting down 7 MSDs
• Offer to pay all the inception fees upfront
• Research what state and local EV rebates you qualify for and add that into the deal either as cash down or point-of-sale rebate

[yojimbo1]

Thanks Slow.
I’m planning to purchase, not lease, but I get the idea

Many thanks