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Purchased our i3 REX at New Century BMW, Alhambra CA, for invoice less $1000 BMW incentive in November 2014. Financed at 2.74%. Invoice was a few hundred dollars above kbb.com figure because CA has some additional charges not computed in the Kelley Blue Book amount.
Last Edit: Feb 5, 2015 23:39:52 GMT -5 by boblucas
NO DEAL. I PURCHASED THE "ROLL OUT" EDITION HAVING BEEN LED TO BELIEVE THAT IT WOULD BE THE ONLY EDITION AVAILABLE IN THE STATES FOR SOME TIME. AS IT TURNED OUT, IT WASN'T SO. I PAID FULL PRICE. STILL, I ENJOY THE CAR AND HAVE NO REGRETS. ITS JUST A GREAT DRIVING MACHINE AND HAS THE BUILD-QUALITY AND REFINEMENTS OF A BMW.
After a 4-day extended test drive, we leased a Mega World BEV for 2 years, 10K miles per year, in December 2014. Monthly payment is $276 and some change. Dealer: BMW of the Main Line.
Total up front cost was approx $1500, which included $1000 for my trade in (frankly, more than it was worth), the first month's payment of $276, and assorted fees. (No sales tax - we live in NJ which waives sales tax for electric vehicles - and the dealer threw in new plates at no charge.)
I think we got a great deal. What other BMW can you lease for less than $300? And our actual out-of-pocket cost is well under $200 because of all the gasoline we are not buying.
I recently leased my i3, gettng too good a deal to pass on....I've leased a REX, GIGA model with an MSRP of $53K. 2 year lease at essentially $279/month (Pre-paid my lease to get this price, saving me $500 over the 2 year period. Alternatively I could have paid $299/month Vs making the one time payment up-front0. The other costs were title and license fees.. The dealer also threw in $500 of options (matts, carrier bag for the frunk, etc). I am very pleased.
Hi mmorgan. I was really shocked by the deal offfere, It was substantially (several thousand) bettter than another local BMW dealership.
Anyway, to answer your questions...
The lease is for 10K miles/year.
The better part of the deal is actually what they did on my trade-in. I traded in a BMW X1. It had the M package in the Le Mans blue, low miles and they paid more than wholesale. They met my trade-in price which was crazy high (3K mroe than the best offfer from anywhere else). They've priced it to sell quickly, at just ~$1K more than the price paid me,
I've yet to use the REX (gas) as well, but really want the flexibiltty and insurance of additional distance as a just in case.
I am seeing a lot of very aggressive deals here in CT right now. August 2015.
So good in fact, I am feeling I got taken when I took which at the time, was advertised as a promotional offer in March 2015 for a 2014 Giga REX. I'm paying $360/month on a 24 month/12K mile per year lease. I put down $6500. I'm feeling a bit screwed when I see offers of:
Is this "Market" at this time for i3's ? I'm seeing low numbers bandied about earlier in this thread. I'm shopping, here in Hawaii for: i3 ReX Tera World pkg, Park Asst, Tech+ Drive Asst, $54,545 My lease deal offered is: Price $52295 (repeat customer discount) $2500 Cash Acq Fee $925 Doc $195 Fees $314 Taxes $928 Total Closing Cash $4800 - Rebate $7500 24 mths $587/mth Residual $34363 (63%) 10,000 miles @ $0.15/0.20
On the BMW USA website I can look up "Offers" from BMW and find; i3 ReX $48,000 24mths / $309 mth $4734 due at closing
My build is $52295, I've got $4,300 more car, my term and total cash out are the same, my 10,000/yr is the same, and my lease payment is $278 MORE per month.
You're looking at two big upgrades from my car: REX vs. BEV, and Tera vs. Mega. Each of these is a very desirable option and trying to get both puts you in the stratosphere. Also, I presume you are looking at a 2015, while my car is a 2014.
Try getting a lease price on a Mega BEV. (Trust me, you probably don't need the REX feature.) I'll bet your payment will drop by half.
I suspect we are only going to see all car lease/purchase deals only get better into next year.
My understanding is the pent up new car demand from the last few years had been met so all car sales are expected to decline next year. Along with such low oil/gasoline prices, my guess is high efficiency and electric vehicles will get lots of special promotions for the next year or so. I leased a leftover 2014 i3 Rex earlier this year and I'm now seeing less expensive rates on 2015s just 5 months later. I wish I waited a little longer, but I'm still very happy with the vehicle and the dealer.
My Tera was 55,875 and we are leasing for 419 a month (including tax) for 30 months 4K total out of pocket. We are in Nevada. Didn't get the best deal. But we don't care we just wanted this car and had so much trouble finding it. Also it's hard to compare because the incentives are different in every state. In Nevada we get none
20 days ago, I bought a new 2015 i3 Rex, Tera World with Tech Assist, Premium audio, Park Assist, 20" wheels, etc. loaded MSRP of $55,400. I negotiated a $9,500 discount and use the BMW Lease option with 10,000 miles/year. With Fed Tax Credit included the final 'out the door' price before taxes was $38,400. I was quite satisfied with the final price. My impression is that there are good deals around in the Southeast (Atlanta, Georgia area) where i3 inventory is high. I had a 2012 Nissan Leaf before when first available in Georgia and I paid full MSRP. I since learned my lesson. I actually paid $4,000 less for my i3 Rex than I did for the loaded Leaf. I can honestly say that the i3 is a better EV all around.