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      08-04-2022, 08:43 AM   #1
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Official G26 i4 Series Quotes, Pricing and Lease Rates Thread

Please use this thread as a master thread to discuss i4 quotes, pricing, lease program, and the like.

This first post will be updated monthly with the latest lease program numbers (residuals, credits, incentives).

Please do not make dealer / salesperson recommendations or referrals in this thread. Thank you!

* Note: incentives may vary depending on your region

February 2022 Program:

2023MY

i4 (eDrive40) (2023MY)
15k miles / 52% residual
12k miles / 54% residual
10k miles / 55% residual

$0 loyalty credit
$0 finance credit
$0 lease credit
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      09-25-2022, 02:03 PM   #2
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Egregious lease deal?

I heard the lease deals are not very good but the one offered by my dealer seems particularly bad. 10k down, 1292 per month for 36 months and 36660 residual. All in, it is about 95k, for a car that is 72k invoice price. Mileage is 10k miles per year (7.5K miles was about the same as well).

The car is an i4 M50 with premium package, driver assistance package.

Thanks.
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      09-25-2022, 06:19 PM   #3
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Quote:
Originally Posted by ramkbmw View Post
I heard the lease deals are not very good but the one offered by my dealer seems particularly bad. 10k down, 1292 per month for 36 months and 36660 residual. All in, it is about 95k, for a car that is 72k invoice price. Mileage is 10k miles per year (7.5K miles was about the same as well).

The car is an i4 M50 with premium package, driver assistance package.

Thanks.
How do you get to $95k? Does the 1292 not include sales tax? With the current money factor, effective interest rate on a lease was over 6% when I last checked. Could be higher now.
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      09-26-2022, 09:38 AM   #4
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Thanks for the reply. The 1292 includes sales tax. The way I get to 95K is : 10K down + 1292*36 months (=46537) + 38660 = 95172.

I guess they are financing the deal so you could add interest on top of the invoice price but it still seems very steep to me.

Alternate I am thinking about is to buy with around 30% cash down and rest through a car loan from my bank for about 4% interest rate. But I should be able to pay off the loan early, say in about a year. So buying seems overall cheaper to me.
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      09-30-2022, 11:46 PM   #5
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If $10K is drive off, then to calculate the total you take $10K + 35x1292 + residual = 93,880. Don't forgot, the residual is taxed if buyout your lease. I think financing is a better idea on these.
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      02-21-2023, 10:09 PM   #6
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I just picked up a the edrive35 model yesterday and it came with 7500 lease credit, plus some dealer contribution. 12K miles, 54% residual with a MF of 0.00225. This is a special BMW has for the edrive35 models only till month end.
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      02-22-2023, 01:22 PM   #7
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Quote:
Originally Posted by awesoM View Post
I just picked up a the edrive35 model yesterday and it came with 7500 lease credit, plus some dealer contribution. 12K miles, 54% residual with a MF of 0.00225. This is a special BMW has for the edrive35 models only till month end.
are they doing this with $0 downpayment too?
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      02-22-2023, 01:56 PM   #8
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Quote:
Originally Posted by ramkbmw View Post
Thanks for the reply. The 1292 includes sales tax. The way I get to 95K is : 10K down + 1292*36 months (=46537) + 38660 = 95172.

I guess they are financing the deal so you could add interest on top of the invoice price but it still seems very steep to me.

Alternate I am thinking about is to buy with around 30% cash down and rest through a car loan from my bank for about 4% interest rate. But I should be able to pay off the loan early, say in about a year. So buying seems overall cheaper to me.
Even with $10k down and a tax rate of close to 10% has you financing not quite $70k at 4% for 5 years give you a payment about what the lease is.

So about $1300 a month.
So even a purchase with the same money down at 4% interest is a wash.

There isn't much inventory and they aren't interested in leasing and having the asset on the books.

I've said this for a while. Until there is a glut, leases are going to be bad for customers for these cars.
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      02-22-2023, 03:16 PM   #9
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Quote:
Originally Posted by buzzkey View Post
are they doing this with $0 downpayment too?
Yep. You can go with whatever down payment. It just helps with capital reduction which in turns lowers your payment.
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      02-23-2023, 01:28 AM   #10
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any idea if BMW will add the $7,500 tax credit lease incentive to the e40 models? I noticed alot more inventory of all the i4s are coming to the market. Why would bmw limit the special $7,500 lease incentive to only the e35 model?
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      02-23-2023, 10:52 AM   #11
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Quote:
Originally Posted by buzzkey View Post
any idea if BMW will add the $7,500 tax credit lease incentive to the e40 models? I noticed alot more inventory of all the i4s are coming to the market. Why would bmw limit the special $7,500 lease incentive to only the e35 model?
Because they give up $7500 in pure profit if they pass it through.
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      02-23-2023, 11:59 AM   #12
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Quote:
Originally Posted by techwhiz1 View Post
Because they give up $7500 in pure profit if they pass it through.
but they are doing it on the e35, makes me wonder if their profit margins on e35 are much much higher than the e40 and m50, otherwise why even give the $7500 on the e35
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      02-23-2023, 03:14 PM   #13
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Quote:
Originally Posted by buzzkey View Post
but they are doing it on the e35, makes me wonder if their profit margins on e35 are much much higher than the e40 and m50, otherwise why even give the $7500 on the e35
Entry level car.
Taking it to compete with low cost Model 3/Y.

They don't have to on the M50 at the highest trim level. If you are that price sensitive then the M50 or maybe even the eDrive40 isn't the car for the consumer.
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      02-27-2023, 03:12 PM   #14
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Quote:
Originally Posted by smithf80 View Post
If anyone is interested, I know a dealer that might do 5-6% off MSRP before the $7,500 credit in the northeast, I was working a deal for myself on an i4 and I think they might do one or two more. If anyone knows they want one let me know and I'll pass you the dealer info.
I am interested. I will send you a note.
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      03-02-2023, 10:56 AM   #15
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Quote:
Originally Posted by smithf80 View Post
If anyone is interested, I know a dealer that might do 5-6% off MSRP before the $7,500 credit in the northeast, I was working a deal for myself on an i4 and I think they might do one or two more. If anyone knows they want one let me know and I'll pass you the dealer info.
Am also interested in the dealership if they are still offering the discount. My account is pretty new, so can't DM you. Can you send me a message please?
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      03-02-2023, 04:32 PM   #16
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Quote:
Originally Posted by awesoM View Post
I just picked up a the edrive35 model yesterday and it came with 7500 lease credit, plus some dealer contribution. 12K miles, 54% residual with a MF of 0.00225. This is a special BMW has for the edrive35 models only till month end.
They’re marking up the mf, should be .00185… skip the down payment, put down 7 msds instead, will reduce mf .00042, and u get it back and the end of the lease
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      03-02-2023, 04:38 PM   #17
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If anyone is still interested I have a couple of contacts that can get the below pricing until the end of March in Southern California.
I4 custom order special
MSRP: $52,995
Monthly Payment: $499 + tax (7 MSDs drop the payment $23/mo)
Drive-off Amount: $3000
Term: 36/7.5k

Reply or direct message me if you're interested.
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      04-29-2023, 02:02 PM   #18
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Quote:
Originally Posted by awesoM View Post
I just picked up a the edrive35 model yesterday and it came with 7500 lease credit, plus some dealer contribution. 12K miles, 54% residual with a MF of 0.00225. This is a special BMW has for the edrive35 models only till month end.
What did that roughly bring the monthly down to?
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      05-03-2023, 05:04 AM   #19
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Quote:
Originally Posted by colox5 View Post
What did that roughly bring the monthly down to?
Going to ask a general question here about leasing as I’ve never leased, always purchased. I have a 2021 330e now which I quite like. Wife has a 2021 X45e but perfect world, one of our two cars would be fully electric. I might have wound up with an i4 had I not needed the car when I did.

Anyway, I’m intrigued by the $7.5K federal EV tax credit being able to be applied to leasing. So, if I were to sell my 330e, put a big chunk down for the lease (let’s say $20K) and then have a relatively low lease monthly payment, what are the pros and cons to that approach? One Pro I see is I get more value for my current 330e selling now vs a couple of years from now.
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      05-03-2023, 07:20 AM   #20
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Update - Vehicle sold. My CA has a loaded 2023 i4 with under 50 miles for $73,990. Buyer changed his mind and bought an i7. Original MSRP was $82,375.00. Feel free to send me a pm if interested.
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      05-08-2023, 07:48 PM   #21
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response to leasing

Quote:
Originally Posted by colox5 View Post
Going to ask a general question here about leasing as I’ve never leased, always purchased. I have a 2021 330e now which I quite like. Wife has a 2021 X45e but perfect world, one of our two cars would be fully electric. I might have wound up with an i4 had I not needed the car when I did.

Anyway, I’m intrigued by the $7.5K federal EV tax credit being able to be applied to leasing. So, if I were to sell my 330e, put a big chunk down for the lease (let’s say $20K) and then have a relatively low lease monthly payment, what are the pros and cons to that approach? One Pro I see is I get more value for my current 330e selling now vs a couple of years from now.
I think with a lease, you only want to pay for the depreciation or what you use. I am not an expert but I have leased some cars before. Two of which were BMW's.

If I were looking at a 50-60K car and my intention was to drive it for 3 years, then if I say that car has a life span of nine years, I would be looking to pay (at max) only a third of the 60K. In your case, the money I would get from selling my previous car would be working for me elsewhere. Or you could use that to reduce the money factor of the lease if need be. The money factor is essentially the interest rate of the lease. By putting down security deposits, you would get a much lower interest rate, which would be returned to you at the end of the lease.

Try to put as little down as possible when leasing (cover TTL and first months payment). Consider incentives available for the car for your region, negotiate the sales price and make sure you qualify for the lowest money factor available (your credit score determines this). Do not let the dealer mark up the money factor on you. In the month you intend to lease, go to Edmunds to get details on incentives and money factor (mf) for the Make and Model.

Now, here's a scenario: What if you were to get $450/month with $2000 down on the I4 for 36 months and 10K miles per year. That would mean paying a total of $17,750 for 3 years on the car. That is, 35 months X 450 = $15750. The down payment of $2000 would cover the 1st month and TTL. $15750+2000 = $17,750.

If you have this amount ($17,750), you could pay for a one time lease pay. But this is not advised. Essentially, you are putting a lot of risk on yourself. If it is totaled, you are without a car, because you already paid off the lease. Insurance would cover only the remaining of the cars value and pay BMW. You would be left with nothing (unless the accident happened on the very last day of the lease). But, if you paid monthly, then you would only have paid for what you used.

For those who like to purchase after a lease, the best deals are with low money factors. A few years ago, some found that with great incentives and low money factors, leasing before purchasing was better than outright financing. Those environments existed as far back as 2019/2020 and part of 2021. I have not seen it since then.

The above is based on a USA market perspective.
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      07-22-2023, 07:40 AM   #22
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Quote:
Originally Posted by Jason View Post
Please use this thread as a master thread to discuss i4 quotes, pricing, lease program, and the like.

This first post will be updated monthly with the latest lease program numbers (residuals, credits, incentives).

Please do not make dealer / salesperson recommendations or referrals in this thread. Thank you!

* Note: incentives may vary depending on your region

February 2022 Program:

2023MY

i4 (eDrive40) (2023MY)
15k miles / 52% residual
12k miles / 54% residual
10k miles / 55% residual

$0 loyalty credit
$0 finance credit
$0 lease credit
Do you or anyone else know the July 2023 Program? I am working on a deal here in Austin now and so far they have offered:

$3.5K rebate (have not offered $7.5K EV yet and referenced that as something I can try to claim on taxes, which is wrong, so I’ll see if they will add that as a lease credit)
10K miles/55% residual
Not sure what the MF rate is, have to ask.
This is for a MY23 which seems to be the bulk of not all of the inventory the 2 Austin dealers have/are getting
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