Be as specific as possible in the title if you are posting a deal – include car model, monthly payment, and money down.
Include as much information as possible in your post, and even a celebratory picture.
Year, Make, Model, and Trim: 2019 BMW i3 REX
MSRP: $51295
Selling Price: $43616
Monthly Payment: $ 99 including tax
Drive-Off Amount: $ 3500 (will be getting back in rebates from SCE and CVRP)
Months: 30
Annual Mileage: 10k
MF: 0.00093 after 7 MSDs
Residual: 61%
Incentives: $500 OL + loyalty ($3000) + 15% off MSRP. I qualify for SCE and CVRP ($3500 total rebates)
Region: CA
Leasehackr Score: 64.9 (after $3500 rebates from California and SCE); 24.5 before rebates
Price per month and Leasehackr Score not including the $126 I’ll be getting back by charging the $4200 sum I paid for with my BMW credit card. Effectively takes care of my next month’s payment.
Leasehackr Calculator Link:
This deal literally took the whole month to get to, and I was only able to get it because the dealer didn’t want to lose my business. I’m pretty sure there were some unhappy people in management there. Was about to sign a car at 48K with similar lease numbers before they one-upped the other dealer.
My main goal was to get these terms on a low 45K i3 BEV. But these cars didn’t last on any of the lots around me. And when they were available I didn’t get a discount past 12% including my OL code (which is about 1% on a ~50k car). I guess it pays to wait until the last day of the month/quarter.
Considering I got this car as a daily driver to save miles on our gas guzzling VW Atlas (which we still love and enjoy with the kiddo and on travels), I’ll actually be saving/netting money when accounting for gas savings in California (87 gas up to $4.20 a gallon), extra mileage I’d have to buy at the rate we drive, and cost for extra car insurance/registration and charging costs at home (already have a level 2 installed form a 530e lease from a few months ago) in addition to the payment.
Fantastic! Even as somebody all the way across the country, I never get tired of seeing these i3 deals, especially when combined with a lot of the West Coast incentives✔️
I haven’t been to a gas station in quite some time…but that seems quite high for a gas price. Did you just happen to find the most expensive gas station in CA and took their prices as average?
That’s how it’s done! Beautiful deal! Congrats!
EDIT: OMG!!! I been on ev for some time and lost track…
"In Los Angeles County, the average price of a gallon of gas is now $4.12, up 32 cents from just last week. Orange County’s hike is slightly steeper, up 34 cents to $4.09 per gallon.
Gas is at $4.08 and $4.03 per gallon, in Ventura County and the Inland Empire, respectively."
Yup, I filled up at an average station for 4.17 on Saturday in LA. I usually do my best to get the cheapest option, and that’s at Costco, but even their prices are near $4.
For ev car market…yes…for owners…yes and no.
While you do save on fuel with your car, these gas price increases in part get passed down to all consumers on everyday items like food.
I just put 35 gallons in my Tundra for $2.09/gallon in NC (BP), but that was with a $0.40/ gallon grocery store discount. $4 gas would have me looking to buy a distressed full size SUV from an owner buried under fuel operating costs…
Even at sub $2.50/gal, it was enough for me to justify getting a 3rd car (i3 BEV) as a DD and retire the few month old Taco to occasional duty just for fuel savings alone. Well, that plus the fact that I wanted the i3
