This is my first lease. Been looking to get a nice electric car to take advantage of the rebates (CA, Federal)! After driving a VW e-Golf and the i3 it was easy to choose!
I have been working with a few dealerships in Los Angeles and the surrounding area and have not been able to make much headway. But today I finally got what looks like a pretty solid breakdown for a good deal… I think?!
Here is what I sent in and they approved it and sent me back an image from their system- looks like it is matching these numbers as far as I can tell.
2017 BMW i3 94 Ah w/ Range Extender
Ext: Fluid Black w/ highlight BMW Blue
Int: Deka Gray / Blue Highlight
Parking Assistance Package
Harmon Kardon Premium sound system
7500 FEDERAL REBATE (TAXED)
1000 OPTION ALLOWANCE - SPECIAL OFFER VIA BMWUSA.COM (UNTAXED)
2500 DEALER DISCOUNT (UNTAXED)
3000 DOWN PAYMENT
925 ACQUISITION FEE (PAID UPFRONT)
37795 NET CAPITALIZED COST
10000 MILES PER YEAR
.00136 MONEY FACTOR (APR 3.26%)
.00087 MONEY FACTOR AFTER MSD (APR 2.09%)
80 DOCUMENT FEE
400 LICENSE/REGISTRATION FEE
9% SALES TAX
274 MONTHLY PAYMENT (WITHOUT TAX)
298 MONTHLY PAYMENT (WITH TAX)
78839 DRIVE OFF
- FIRST MONTH PAYMENT OF 298
- DOWN PAYMENT OF 3000
- TOTAL MSD PAYMENT 2100
- DOCUMENT AND LICENSE/REGISTRATION FEES 480
- TAX ON CAP COST REDUCTION AND FEES 1035
- ACQUISITION FEE 925
350 DISPOSITION FEE TO BE PAID ON VEHICLE RETURN
16132 TOTAL LEASE COST
13632 TOTAL LEASE COST AFTER 2500 CALIFORNIA REBATE
I can get the same vehicle, but with the TECHNOLOGY PACKAGE for an additional $35/mo and increased MSD to 2450…
Finally - FYI the national deal on BMWUSA.COM is for a vehicle of MSRP 51695, for 36/mo @ 309/mo, MSD waived, and 4234 down (not including tax, title, lic., reg., dealer fees, etc.).
So what do you guys think? Is this good, or do you see any issues or things to watch out for? Is the technology package worth the extra expense?