i3 sales have been miserable for BMW for the past two years. This year, they have to mark up the residual value so high to 68% (30m/10k) in the summer to get rid of their huge inventories of 2016 models (most EV like e-Golf and Volt have residual values around 40%). So you can only imagine what would happen if BMW don’t apply the federal tax credit. I think you are right that theoretically they can take it away, but I feel that’s not going to happen anytime soon.
The 2016s actually got discounted like crazy because they announced the battery with 50% higher capacity back in June, and basically hurt end of model year sales. Apparently the last few months with the bigger battery outsold the rest of 2016 worldwide.
Yeah, there are no gas cars that suddenly get almost 2X the range from one year to the next so this is a little unprecedented.
We like this forum because it doesn’t usually have all the sarcasm and outright meanness of most car forums. As bad as this guy’s deal is it helps to simply explain
Agreed- yet there are trolls that find a way to this forum. Take the Maserati topic for instance- people just couldn’t resist from replying with a comparison between the Prius…
Wow, where have you seen e-Golf SEL’s for $200/mo? Is that with zero down? I’m dipping a few toes in the water and need to spend some time in the SEL.
I do wonder how low the '17 i3’s will go.
I’d wait for inventories of the 2017 model to build. Discounts won’t be as great since they just upgraded the battery.
You won’t find $150/month i3 leases in TX, but I’d aim for something more reasonable than $500+. Best of luck!
Once the Bolt arrives, watch the floor drop out of i3 pricing. Look out China!
Good point, but that’s at least a few months from now.
In Cali, it’s just a few weeks away.
Ross, ~$200 Golf SEL deal here:
What are the two leading companies that will lease a CPO model s with 60% of NADA residuals?