$7,500 APR credit

colox5 · 07-04-2021, 10:48 AM

Was thinking I’d be purchasing a pre-owned i3 since you can get one with relatively low mileage for $20-30K. But, was just perusing the BMW site and I saw they are offering a $7,500 APR credit when financing a i3. Plus, another $3K loyalty discount. Meaning, $10.5K off the sticker price. That seems like an extremely generous APR credit. Does it get better than this?

4151zero · 07-04-2021, 12:37 PM

It also works if leasing, as I just did with a 2021 i3 BEV, if you're in California, you'll also receive a $1500 rebate from the state (dealer files this for you and applies it to the loan/lease).

I honestly think the i3 is the only bmw that you can currently get a decent discount, and purchase/lease below invoice.

vreihen16 · 07-04-2021, 05:24 PM

Quote:

Originally Posted by colox5

Does it get better than this?

Is the $7,500 federal tax credit still on the table for a new EV purchase?????

colox5 · 07-04-2021, 11:12 PM

Yes.

07-04-2021, 10:48 AM	#1
colox5 colo45e 14 Rep 39 Posts Drives: BMW X5 xDrive45e (2021) Join Date: Jan 2021 Location: Conifer, Colorado iTrader: (0)	$7,500 APR credit Was thinking I’d be purchasing a pre-owned i3 since you can get one with relatively low mileage for $20-30K. But, was just perusing the BMW site and I saw they are offering a $7,500 APR credit when financing a i3. Plus, another $3K loyalty discount. Meaning, $10.5K off the sticker price. That seems like an extremely generous APR credit. Does it get better than this?
	Appreciate 0 Tweet Quote

07-04-2021, 12:37 PM	#2
4151zero HOV clogger 134 Rep 262 Posts Drives: ///M5 and i3 BEV Join Date: Mar 2018 Location: SFO NORCAL iTrader: (4)	It also works if leasing, as I just did with a 2021 i3 BEV, if you're in California, you'll also receive a $1500 rebate from the state (dealer files this for you and applies it to the loan/lease). I honestly think the i3 is the only bmw that you can currently get a decent discount, and purchase/lease below invoice.
	Appreciate 0 Quote

07-04-2021, 11:12 PM	#4
colox5 colo45e 14 Rep 39 Posts Drives: BMW X5 xDrive45e (2021) Join Date: Jan 2021 Location: Conifer, Colorado iTrader: (0)	Yes.
	Appreciate 0 Quote