Any dealers in Kansas / Missouri Area?

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HI,

New to this site…been reading different post and topics for several days…AMAZING deals… WOW…

I little background info… Never leased a vehicle before… getting use to the terms, but understanding more the beauty of a lease.

Now I’m looking for an EV, I already have two other vehicles… a Ford F150 (2004) and Honda Oddysey (2009), both paid in full. I usually buy and keep my cars for a long time…but now I’m interested in an EV, these type of cars are almost like buying a computer or cell phone, these change so fast… and most of the time price goes up just a few thousand from one year to the next.

But usually have several updates… so that is why I would like to lease one… and determine if this is the type of vehicle for me.

I test drove so far a Bolt, i3 and Leaf (2017 and 2018).

If I was going to purchase it will be the Leaf 2018, did not like the 2017 or previous years versions. I did not care so much for the Bolt, the Leaf 2018 has more options (SL trim). The BMW i3, looks different exterior and interior… so I will lease it for 2 to 3 years… but I don’t think I will buy it after the lease ends.

So… I need help finding a GREAT lease on a BMW i3… but so far, no luck… I sent lease numbers that I found here to local dealers (only 2 BMW) and both said that they will not come even closed to terms… best was $400 for 2 yrs with 10K miles, $2500 down.

On Leaf SL trim… the 2018 was released only a months ago…so far best deal $480, 3 yrs/36K miles, 1st month plus taxes and fees.

I apologize for all the info… now to my question.

Do you know any dealers near Kansas / Missouri area… or in other estates that area willing to match a great lease on an BMW i3?

Like the $1700 drive of deal on an i3? the I found here.

A few of these deals are amazing… and I would consider an i3 if my payment was $100 or less for 2 to 3 yrs…

but more that that… IMO is throwing away money on a car that I don’t plan to keep… so maybe better to wait until a good Leaf SL 2018/2019 comes along…

Any feed back or help? I noticed most of the deal on this site are in California… but so far nothing in KS or MO.
Thanks.

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To hit the 100 mth on an I3, you will most likely need a highly discounted loaner since you don’t have BMW loyalty. How bad did you not like the old Leaf? You could buy one of those for very cheap.

Re: the throwing money away comment, you have to look at it as minimizing depreciation cost, whether you are buying or leasing. The thought on these PHEV or electric vehicles is to not buy new because of the rapid change cycle.

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The main reason I want a $100 or less monthly payment is to have a EV car now, drive it for 2 to 3 yrs… hopefully by that time we will have more EVs on the market and maybe a lower MSRP… then buy.

I did not like the 2017 or previous leaf … but will consider it if the payment was $100 :wink:

What I meant by the “throwing money away” is that IMO more thank $100 per month on a car that Im not planning on keeping… is like throwing money away… specially on an EV.

I would like to get a low payment now and purchase it later… I want a 3 yr trial period, to determine if it is a good 3rd car, if the range is enough or not… and if not… then turn it in and get a better vehicle… IMO $3600 for 3 yrs is a great deal even if I don’t keep the car… more than that… i rather wait.

Also, one of the main reason Im considering a lease is to take advantage of the $7900 tax credit (Leaf 2018 SL), I will not qualify for this credit if I purchase it… several deduction right now.

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I doubt you’ll get any EV for $100/month unless you put a huge CCR, especially with your location.

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You are not throwing money away. You are paying depreciation. I suspect you are not a good candidate for leasing. The logic of a low lease payment due to a lease being a waste of money says alot.

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I understand paying for depreciation… that is why I want to pay the lowest amount possible. A car depreciates very fast, especially the EVs. For example I can but now a Leaf 2017 SL trim for 18K-19K with less that 3K miles… a car that was selling less than a year ago for $36K to $38K. (Half price in less than a year)

With current lease offers on a 2018 Leaf SL, payments are $480 to $500 for 3 years, with a 33% RV / $12600.

Thats is why I will lease at a very low payment now ($100-)… and decide to purchase later… or wait 10 months… and buy a 2018 SL with less than 3K miles for 19K… half price of current .

I was looking for a 3 yrs lease to have more options than the Leaf… I don’t like the current EVs… well I like the look and review of the Tesla 3… but way more that I would pay for a EV car.

EVs is like the new toy in town… and would like to try it for 2 to 3 yrs… I look at cars at a way of transportation… I rather enjoy a motorcycle ride… and have a Zero DSR motorcycle (100% electric) … I ride it now more than my ICEs (internal combustion engine) Harleys.

I test drove the Leaf SL for 3 days… and I think eventually will end up with all electric vehicles… manufactures need to lower price and increase range.

Thank you for the input.

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So if you understand that on a lease you are paying for the depreciation and an EV depreciates very fast, how do you expect to pay only $100/month?

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EVs don’t sell well and a lot of dealers sell most at a loss (so they say), they get points for moving mandatory inventory (EVs) and receive cars that sell fast and a higher profit…

The more I search forums and EV deals… looks like I will have to buy… not lease… the RV is so low on the Leaf… and depreciates so fast… that manufactures want a high payment now… to receive as much money in the first 3 yrs… because they know these cars will be worth a lot less than the RV in 3 yrs… most persons that I know don keep them after the lease… due to improvements on the same model or a higher RV than what it is actually worth.

A guy that I know had a 2 yrs lease on a Leaf the RV was 18K… I think… the cars is worth 11K now… IMO wasted 2 yrs of payments… did not keep the car.

I found Leafs 2012 to 2014 for less than $7K with less than 40K miles… but will not consider buying a used one prior to 2017 due to range… 2011 to 2015 had a 80 miles range… some have maybe 45 miles range now, battery doest hold charge… and battery is covered by warranty for only 8 yrs… then is $8k to replace it.

One of many reason these vehicles depreciate so fast… most ICE cars after 8 yrs are good and run for several yrs more… and EV will do the same, but if you get a bad battery and have to replace it… you are out $8K… huge expense.

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one more thing… I want a low payment now… and pay the RV at the end of the lease… if I like the car…

IMO a high payment now and low RV later… may as well buy it… it looks like thats the scenario on a Leaf…

IMO the main reason to Lease, is to drive a car (you don’t really own it) for a small monthly payment… then decide if you like it and buy it… or turn it in and lease/buy again.

also, in my situation to received a $7900 credit (free money)… if I buy, I will not receive it, due to my tax situation.

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I still think you don’t understand leasing. How did this person waste 2 years of payment? If he bought, he would have been much worse off.

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And how is a low payment now possible when, as even you acknowledge, EVs depreciate so fast?

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How much did you buy your truck and minivan for? How long ago? How much are they worth now?

EDIT: Don’t forget that if you are in MO, you pay the Personal Property Tax, which on a $40k EV is going to be roughly $60-80/month. The one pay leases are in states that don’t have personal property tax, and no sales tax on EV (if i recall correctly)

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I agreed that he would have been much worse off if he bought it… but he also paid a big payment $600+ per month… plus I think $4K down (same as current offers) … bad deal from the beginning.

IMO $18,400 to drive a car for 2yrs… specially a Leaf S trim (the entry level)… is a waste of money… the car new is $31K… now you can find it for less than 8K.

I see the appeal of a lease if the payment is very low… less than a 3rd/4th of a purchase payment… plus all the benefits of leasing (don’t have maintenance due to being a new car, don’t have to worry on resale value, drive a new car every 2 to 4 yrs… etc)

but in my situation… will only work with a low payment… a high payment will only work if I keep the car… if total paid during the lease plus RV is fair.

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That’s why we are all here. :wink: We know that with a low payment, leasing makes complete sense over buying even when comparing to CPO or pre-owned cars.

However those crazy insane lease deals are highly dependent on several things that are completely out of our control.

  1. Timing
  2. Location
  3. Manufacture Incentives
  4. State/Local Taxes (plays into location)

There are great EV deals in SoCal and the tristate area because those areas are highly incentivized for EV ownership through state tax rebates or federal rebates. Combined with regional incentives by the manufacture. A smart leasehackr can walk a dealer into playing those cards to their hand without walking in and saying “i want to pay $100 a month for a car”, they’ll all laugh at you and tell you to get real.

Getting those insane EV deals in KS/MO area won’t be easy, trust me, I’ve tried (I am in St. Louis) out of curiosity.

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Im not sure on the prices… the truck is 2004, I had 0% interest for 60 months, is paid now… I only drive it if I need it… only has 41K miles… Im currently driving it more… our 3rd car, a Toyota corolla 1996, die on us, due to an oversight… has 289K miles… can fix it for $3K… but I think is time for a new car.

The Minivan is a 2009, paid, 100K miles… is now our daily driver.

The main reason I would like an EV, is that now that I have to drive the truck… I see more $$$ going to gasoline…

I live in KS… not sure on the personal tax and sales tax.

Thank you for the input.

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Thanks… I noticed that most of these great deal are in SoCal area… hope a member can help us both get one in our area…

Ill keep searching and posting… thank you all for the input… at the end is just a car :blush: :wink:

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Would it be worth to get one of these great deals in another state and then drive it or have the car shipped? Maybe a dealer in this area is willing to help and make another lease deal.

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Point I was trying to make is to equate the deprecation you’ve paid with the current vehicles whether you leased or bought with cash.

For example, the reason I got turned onto leasing was when my wife and I looked into getting her a new car. We had gotten her a CPO Loaded Ford Escape SEL with 20k miles on it for $22k, when the MSRP was $32k. Thought it was a great deal and owned it for 3 years. Put an extra 40k miles on it, and when we went to inquire about trading in, dealers were offering $8-9k for it. Combine this with the sales tax, property tax, and the new tires we had to put on it, the total cost of ownership for the CPO Escape for 3 years was about $16k, or about $450 a month in ownership cost.

Did some research and later figured out it would have been easy enough to get her into the same car, leased, for around $250-300 a month. Or in this case, would have had to own the Escape for about 7-9 years until we broke even on ownership cost. That’s assuming never had to buy new tires or had a costly repair outside of warranty.

So a fun exercise to do is to add up your ownership costs with your current cars, including the sales tax that you had to pay up front in full (assuming you are in MO), tires, repairs, etc. Then subtract the current dealer trade-in value from KBB and can figure out what your currently “monthly” cost is, and compare that to a lease. Just because had a 0% interest loan doesn’t mean it was always the smartest financial thing to do.

Leasing often gets a bad rap because of how easy it is to get suckered into a bad deal if you don’t understand how leasing works, how the numbers work, and how to eyeball the best deal. I bet a majority of current leasers would have been better off or the same as if they purchased.

BTW not searching for an EV anymore. I ended up with a loaded BMW wagon for $216 a month for the next two years, and coming off a $130 a month mini cooper s, both with zero cap reduction. This is why I love the forums, taught me how to hunt, find and close those deals. :slight_smile:

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Thank you… nicely put and detailed info.

I never thought about leasing before… until our 3rd car “die” on us in November 2017… I been considering an EV, but so far no luck

I considered EVs due to the low maintenance and no gasoline … but so far the high price doesn’t off set the “savings”.

I see a lot of benefits in leasing… and sometimes you don’t see the small expenses that you have during the life of the car… after 3 to 5 yrs it is paid in full (you have expenses also), but usually after 5 or 6 yrs you see more maintenance issues… maybe small, but still expenses… and until you take the time to add all you see the benefits of a lease.

Im considering leasing an ICE vehicle now… and maybe in 3 yrs go back and look for an EV… hopefully more options and lower prices.

To repair the “old” Toyota, will be $3K,… I rather spend the $3K in payments on a lease… great if it was an EV… but not realistically… so maybe another ICE car… the questions is what type of car???

Any suggestions?

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Entirely dependent on your budget, your needs, and your wants.

Can get a dirt cheap $120 nissan versa, or grind and get a $250-300 BMW 3 series loaner, $500-600 Jag F-type, or a $1200 a month Acura NSX.

Also, you absolutely have to be willing to travel for the right deal. Dealers local to me in STL and KC literally told me that I was asking for the impossible if I mentioned a sub $250 BMW with zero down, even as I was showing them a lease quote sheet from a dealer in Denver showing $220 a month with zero down. lol. They really don’t have much incentive to discount. At least on BMW and luxury brands.

The BMW and the Mini I have/had were both $200 one-way plane tickets to Houston and Baton Rouge, and a half day of driving back home. Well worth the thousands saved.