Forum for the entire range of BMW electric vehicles
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
BMW i4 Forum - i430, i440 (G26) EV Forum BMW i4 Forum - M50, eDrive40, eDrive35 (G26) EV Forum

Post Reply
 
Thread Tools Search this Thread
      10-04-2023, 07:01 AM   #1
smithf80
Major General
smithf80's Avatar
United_States
2690
Rep
5,282
Posts

Drives: G80 M3 6MT
Join Date: Mar 2014
Location: Long Island, NY

iTrader: (1)

Garage List
2022 G20 330i  [9.00]
2018 F80 M3  [9.75]
i4 M50 Gains $7,500 Lease Rebate - What it means for you!

BIMMERPOST
     Featured on BIMMERPOST.com
Hey everyone, as I predicted a few days ago, the i4 M50 gains the $7,500 lease rebate that all the other i4 trims currently have!

Despite gaining the rebate, pricing is NOT reduced by the expected $208/mo compared to last month's lease program, because BMW did lower the residual 2%, and they raised the MF above the rest of the i4 lineup.

What this means for you, is that effectively, compared to last monthís program, the i4 M50 is now $158/mo less than it would have been for the same MSRP last month.

This also means that if you want to buy an M50, you can now use the "loophole" where you lease with the intention to purchase the car out fairly immediately. Whether this makes sense for you is dependent on how your states taxes leases. There are some places, like TX, where it likely will not make sense.

If you would like to order an i4 M50, I have several build slots available for 8% OFF MSRP! That is right, 8% off MSRP + $7,500 EV Lease Credit!
__________________
Appreciate 23
drexplode1628.50
Jd19138.50
2srsman39.50
Gfit2578.00
Will Pwr738.50
///M TOWN11794.50
amdmaxx115.50
JMD477.50
Tch-Nrd118.50
CarMan77421.50
Scrapula167.00
KB7118.50
jmxtrem69.00
      10-04-2023, 03:34 PM   #2
ihike
New Member
ihike's Avatar
62
Rep
27
Posts

Drives: Alpine White M340i LCI
Join Date: Feb 2023
Location: Austin, Texas

iTrader: (0)

Can you give a ballpark range on monthly lease payments after discounts with 700-750 credit, assuming no trade in?
Appreciate 1
      10-04-2023, 03:44 PM   #3
smithf80
Major General
smithf80's Avatar
United_States
2690
Rep
5,282
Posts

Drives: G80 M3 6MT
Join Date: Mar 2014
Location: Long Island, NY

iTrader: (1)

Garage List
2022 G20 330i  [9.00]
2018 F80 M3  [9.75]
Quote:
Originally Posted by ihike View Post
Can you give a ballpark range on monthly lease payments after discounts with 700-750 credit, assuming no trade in?
Still going to be in the high 8's, low 9's pre-tax for a well equipped one, off the top of my head, but I'd heavily prefer to quote an actual build or MSRP.
__________________
Appreciate 1
Jd19138.50
      10-04-2023, 07:49 PM   #4
Eric500
um...
Eric500's Avatar
376
Rep
398
Posts

Drives: LC500
Join Date: Jul 2011
Location: Austin, TX

iTrader: (0)

Quote:
Originally Posted by smithf80 View Post
Still going to be in the high 8's, low 9's pre-tax for a well equipped one, off the top of my head, but I'd heavily prefer to quote an actual build or MSRP.
Are you saying a base m50 at say $70k - 8% - $7500 landing around $57k will lease for 800-900 a month pre tax?
__________________
328i -> 535i -> X5 -> 540i -> Lexus LC500
Appreciate 1
      10-04-2023, 10:17 PM   #5
RigaTony1982
Lieutenant Colonel
RigaTony1982's Avatar
1828
Rep
1,722
Posts

Drives: 2023 BMW Z4 M40i
Join Date: Mar 2021
Location: Chicago

iTrader: (0)

Garage List
Quote:
Originally Posted by Eric500 View Post
Are you saying a base m50 at say $70k - 8% - $7500 landing around $57k will lease for 800-900 a month pre tax?
Looks to be the case. On a 36/10K lease, I see a residual of 53% and a MF of .00185 (4.44% APR). Youíre at about mid $700ís pre tax with just first months payment and fees and such upfront at $70k.
Appreciate 0
      10-04-2023, 10:40 PM   #6
Maren8
Registered
0
Rep
2
Posts

Drives: i4 M50, Tesla X, Jeep WR 4xe
Join Date: Sep 2023
Location: Colorado

iTrader: (0)

Interested but new to the forum so canít pm yet. How do I contact you?
Appreciate 0
      10-04-2023, 10:51 PM   #7
tooshay
Captain
tooshay's Avatar
United_States
305
Rep
754
Posts

Drives: G20+M3 badge
Join Date: Dec 2007
Location: Temecula

iTrader: (6)

Just email or text him, heís very responsive and helpful.
Appreciate 2
smithf802689.50
      10-04-2023, 10:56 PM   #8
smithf80
Major General
smithf80's Avatar
United_States
2690
Rep
5,282
Posts

Drives: G80 M3 6MT
Join Date: Mar 2014
Location: Long Island, NY

iTrader: (1)

Garage List
2022 G20 330i  [9.00]
2018 F80 M3  [9.75]
Quote:
Originally Posted by RigaTony1982 View Post
Looks to be the case. On a 36/10K lease, I see a residual of 53% and a MF of .00185 (4.44% APR). Youíre at about mid $700ís pre tax with just first months payment and fees and such upfront at $70k.
That MF/Residual is not accurate for the i4 M50.

Quote:
Originally Posted by Eric500 View Post
Are you saying a base m50 at say $70k - 8% - $7500 landing around $57k will lease for 800-900 a month pre tax?
To give everyone here an idea, I am going to use 6% off MSRP with buy-rate MF as an example, because depending on which dealer I use, I am either 6% off with buy-rate money factor or 8% off with a .00040 marked up money factor

At 6% off, with buy-rate MF and 10k miles per year, a TOTALLY base i4 M50 with no options would be $864/mo pre-tax. So yes, pre-tax, many i4 M50's will now likely be in the 875-975 range depending on options.
__________________

Last edited by smithf80; 10-04-2023 at 11:12 PM..
Appreciate 1
      10-05-2023, 01:01 AM   #9
Ervin87
Captain
Ervin87's Avatar
United_States
543
Rep
611
Posts

Drives: E92 M3 | B5 S4 | E30
Join Date: Aug 2012
Location: Santa Clara, CA

iTrader: (5)

Crazy. Even with the incentives, $900/month for an electric BMW.
Appreciate 3
      10-05-2023, 02:21 AM   #10
M6-Coupe
Major General
M6-Coupe's Avatar
1107
Rep
6,049
Posts

Drives: F92 M8
Join Date: Feb 2014
Location: Bay area

iTrader: (0)

BMW lease is no longer attractive!
With $900 in 2018 you could lease a F80 M3 @$80K with 10% off MSRP and MF of 0.00120. Today the base G80 lease payment is $1300-$1400
__________________
Current : 2020 F92 Black Sapphire M8 - ZF8
Gone : 2018 F80 Mineral Gray M3 - 6MT
Gone : 2016 F82 Austin Yellow M4 - 6MT
Gone : 2013 F13 Sakhir Orange M6 -7DCT
Gone: 2013 F13 Alpine White 650i -ZF8
Appreciate 5
      10-05-2023, 06:40 AM   #11
JK479
Lieutenant Colonel
971
Rep
1,819
Posts

Drives: I6-> iX
Join Date: Jul 2008
Location: Anywhere

iTrader: (0)

Quote:
Originally Posted by Ervin87 View Post
Crazy. Even with the incentives, $900/month for an electric BMW.
Lowering their residual essentially means resale on this EV stinks. I donít see the upside to buying this car. Nothing is worse than the xM at the moment. Talk about losing resale value driving off the lot.
Appreciate 1
      10-05-2023, 07:05 AM   #12
Gfit
Lieutenant Colonel
No_Country
2578
Rep
1,605
Posts

Drives: 2023 X3M, 2024 X5M. Sold 2022
Join Date: Mar 2007
Location: Westchester, NY

iTrader: (0)

Quote:
Originally Posted by M6-Coupe View Post
BMW lease is no longer attractive!
With $900 in 2018 you could lease a F80 M3 @$80K with 10% off MSRP and MF of 0.00120. Today the base G80 lease payment is $1300-$1400
Still works for me. Sure payments are higher for variety of reasons but instead of getting 0% on my cash I am getting 5.5% so spread is actually better. Also, my last few leases had substantial equity which effectively cut my payment by $550 a month on my previous G80.
Appreciate 1
Argo257.00
      10-05-2023, 01:10 PM   #13
MNhv
Second Lieutenant
MNhv's Avatar
No_Country
90
Rep
225
Posts

Drives: F85 X5M
Join Date: Apr 2018
Location: NY

iTrader: (1)

Quote:
Originally Posted by M6-Coupe View Post
BMW lease is no longer attractive!
With $900 in 2018 you could lease a F80 M3 @$80K with 10% off MSRP and MF of 0.00120. Today the base G80 lease payment is $1300-$1400
my $82K spec F80 comp was $860 tax included. Those were the daysÖ
Appreciate 2
      10-05-2023, 01:17 PM   #14
Argo
Į\_(ツ)_/Į
Argo's Avatar
United_States
257
Rep
176
Posts

Drives: 987 Boxster, '24 Z4 M40i order
Join Date: Aug 2023
Location: SF Bay Area

iTrader: (0)

Quote:
Originally Posted by M6-Coupe View Post
BMW lease is no longer attractive!
With $900 in 2018 you could lease a F80 M3 @$80K with 10% off MSRP and MF of 0.00120. Today the base G80 lease payment is $1300-$1400
A lot of that comes down to significantly higher interest rates.
Appreciate 0
      10-05-2023, 02:08 PM   #15
Eric500
um...
Eric500's Avatar
376
Rep
398
Posts

Drives: LC500
Join Date: Jul 2011
Location: Austin, TX

iTrader: (0)

Quote:
Originally Posted by Gfit View Post
Still works for me. Sure payments are higher for variety of reasons but instead of getting 0% on my cash I am getting 5.5% so spread is actually better. Also, my last few leases had substantial equity which effectively cut my payment by $550 a month on my previous G80.
what you're saying about rates makes sense, but just thinking that you'd theoretically be paying 800-900 pre tax on an M-Lite car is still tough to grasp. granted rates went up very quickly. if it were a gradual increase my brain would have time to get used to the creep. not saying they should or shouldn't have done rates the way they did just how my brain is used to gradual cost increases overall
__________________
328i -> 535i -> X5 -> 540i -> Lexus LC500
Appreciate 0
      10-05-2023, 04:35 PM   #16
8MW
Private First Class
223
Rep
114
Posts

Drives: X5
Join Date: Jun 2020
Location: USA

iTrader: (0)

Holy moly, people lease so that they can drive a new car for less... so much for that.
Appreciate 1
Jd19138.50
      10-05-2023, 07:54 PM   #17
nomoracin
Major
United_States
755
Rep
1,011
Posts

Drives: Porsche GTS 4.0
Join Date: Jun 2018
Location: Virginia

iTrader: (1)

Garage List
Quote:
Originally Posted by smithf80 View Post
Hey everyone, as I predicted a few days ago, the i4 M50 gains the $7,500 lease rebate that all the other i4 trims currently have!

Despite gaining the rebate, pricing is NOT reduced by the expected $208/mo compared to last month's lease program, because BMW did lower the residual 2%, and they raised the MF above the rest of the i4 lineup.

What this means for you, is that effectively, compared to last monthís program, the i4 M50 is now $158/mo less than it would have been for the same MSRP last month.

This also means that if you want to buy an M50, you can now use the "loophole" where you lease with the intention to purchase the car out fairly immediately. Whether this makes sense for you is dependent on how your states taxes leases. There are some places, like TX, where it likely will not make sense.

If you would like to order an i4 M50, I have several build slots available for 8% OFF MSRP! That is right, 8% off MSRP + $7,500 EV Lease Credit!
dangit, where were you a week ago? i just bought a stupid tesla. haha
Appreciate 1
smithf802689.50
      10-05-2023, 08:08 PM   #18
smithf80
Major General
smithf80's Avatar
United_States
2690
Rep
5,282
Posts

Drives: G80 M3 6MT
Join Date: Mar 2014
Location: Long Island, NY

iTrader: (1)

Garage List
2022 G20 330i  [9.00]
2018 F80 M3  [9.75]
Quote:
Originally Posted by nomoracin View Post
dangit, where were you a week ago? i just bought a stupid tesla. haha
And here I am hoping for a CGTS 4.0 Allocation, hah!
__________________
Appreciate 1
nomoracin754.50
      10-05-2023, 11:40 PM   #19
23109VC
Captain
416
Rep
671
Posts

Drives: 2016 X5
Join Date: Nov 2018
Location: SoCal

iTrader: (0)

Garage List
A pack of steaks at Costco are now $75 but they were $35-40 a year or two agoÖ. Inflation!

Pay to play
__________________
Sean
2016 X5 sDrive 35i
2018 M550i
Appreciate 0
      10-06-2023, 04:58 AM   #20
Gfit
Lieutenant Colonel
No_Country
2578
Rep
1,605
Posts

Drives: 2023 X3M, 2024 X5M. Sold 2022
Join Date: Mar 2007
Location: Westchester, NY

iTrader: (0)

Quote:
Originally Posted by 8MW View Post
Holy moly, people lease so that they can drive a new car for less... so much for that.
You are missing the real value of leasing. I lease because the Bank takes all the downside (market and accident risk) and I can take the upside. Every car Iíve had I can easily buy in cash but why not have someone else take the risk. Plus my $ isnít tied up and available for other investments.
Appreciate 1
drexplode1628.50
      10-06-2023, 08:55 AM   #21
miiipilot
Major
miiipilot's Avatar
United_States
482
Rep
1,493
Posts

Drives: 2024 M2 Brooklyn Grey 6mt
Join Date: Jun 2010
Location: Cleveland, OH

iTrader: (0)

Quote:
Originally Posted by 23109VC View Post
A pack of steaks at Costco are now $75 but they were $35-40 a year or two agoÖ. Inflation!

Pay to play
I thought food prices were only up 8%?
Good math
__________________
miiipilot
'24 M2 Brooklyn Grey, 6mt, Bi-Color, Black M-Color seats,
'16 MG M2, DCT, Exec. Took Delivery 4/30/16 (Sold)
Appreciate 0
      10-06-2023, 04:58 PM   #22
techwhiz1
Lieutenant Colonel
1834
Rep
1,947
Posts

Drives: E90 335, E70 X5
Join Date: Aug 2021
Location: Ca, Bay Area

iTrader: (0)

Quote:
Originally Posted by warner112aa View Post
This also means that if you want to buy an M50, you can now use the "loophole" where you lease with the intention to purchase the car out fairly immediately. Whether this makes sense for you is dependent on how your states taxes leases. There are some places, like TX, where it likely will not make sense.
In California is makes sense because you only pay tax on the payments you make and then tax on whatever the purchase price is. For California it's a killer deal. A friend of mine just bought an Audi eTron GT using the loophole.
__________________
Arctic Metallic\CF Splitters,Spoiler, Mirror Covers\LED Tails\LSD\Tinted\Coded\Apex SM10-19"\LED Angel Eyes\Gloss Black Grill\Integrated V1\M-Performance Brakes\Cobb Tuned\xHP Flash ->
Appreciate 1
cfm56d7b5425.00
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 04:13 PM.




bmw
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2023, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST