I’ve got an offer for a 2015 i3 rex Giga.
Special Price $41,988
30 Months 10k a year:
Total out of pocket: $8,878 ( you will get back $2,500 from the state of California)
Monthly payment: $69 + Tax
Seems like a good deal to me, though the down payment is pretty high. Thoughts?
Deals are aggressive on the i3 especially when 2015s are still being trucked to the dealers door everyday.
However it’s best to understand that if you didn’t do the ultimate driving events earlier this year then you can’t make up that $1000 bucks. Please note the recent SoCal dealer sponsored drive events incentive is not honored by all dealers. Good luck getting the hosting dealer to help you on getting a code to shop at another dealership.
Also the college graduate program cash is for people about to graduate or recent grad (+/- one year)
The 11k cap reduction comes from $8500 rebate + $2500 cash cap reduction (down payment).
I am getting the same monthly payment and MSD on the calculator. The dealer did not list a doc fee but there is a total upfront/acq fee which is not taxed, so I included it in the License/Registration Fee field:
The selling price likely already includes the Holiday Adder. Unlike the $7,500 Lease Cash, which is an itemized rebate, the Holiday Adder is a manufacturer-to-dealer incentive. The upside of this is that it’s not taxed.
$154/month including tax with $1,518 drive-off (once you account for the CVRP and MSD) is epic for a $48K car!
$46800 sale price
Doc fee $250
Acquisition fee $925
Residual value $29694
Total due $1000
24 months; 10000 miles per year; $1000 total due; with trade $705 total payment
30 months; 10000 miles per year; $1000 total due; with trade $622 total payment
36 months; 10000 miles per year; $1000 total due; with trade $597 total payment