Now that BMW has done away with MSD’s great deals on an i3 lease are probably going to be hard to find. Other than the $7500 federal credit, living in Arizona gets me nothing in the way of any additional rebates or credits. Being retired keeps me from getting any corporate discounts. California dealers are not interested in leasing to out of state buyers. BMW shows the following i3 factory lease as a special on their website. Is it even worth considering? Trying to work it backwards on the lease calculator shows it may not be.
$329 /month
Included in payment: $7,500 Lease Credit
Well equipped with features such as Parking Assistant Package and Metallic Paint, and includes Destination Charges. Parking Assistant Package includes Rear View Camera, Park Distance Control and Parking Assistant.
Leasing details as listed on the BMW website:
$329 per month for 36 months is based on an adjusted capitalized cost of $37,770
$329 first month’s payment
$3,000down payment
$0 security deposit
Suggested dealer contribution of $2,725
$925 acquisition fee
$4,254 Due at Signing to include first months payment
Disposition fee of $350 at lease end
Is the AARP rebate totally gone? How long do you have to be a BMWCCA member in order to get their rebate? Anybody know about Conquest rebates? There are also incentives you can get if you attend a local driving event or auto show.
I think there’s some options for rebates/incentives – just gotta look a little harder.
Thanks for giving me the ideas reference where to look. I am trying to get a $1500 AARP discount with a discounted MF of .00020 as listed in a corporate program currently offered by BMW. The current lease program suggests a dealer contribution of $2775. I am trying to see if the dealer will give me $4275 off MSRP and a MF of .00020.
The lease calculator is pretty self explanatory, but where would I place the $7500 federal lease credit given by BMW to the lessee - Untaxed Incentives? Would a $1500 AARP discount be listed as a Taxed incentive?
The AARP program is dead. I was told you must have a deal with credit app in place in March or April to still take it. If you can take it put it down as an untaxed incentive.
Also the MF discount on AARP was to reduce the existing MF by 0.00020, not to drop the MF to that level. So for May that would put you at 0.00148.
The $7,500 credit is a taxed incentive.
Unfortunately everything BMW has done in the last few months has been the direction of more expensive leases. Three consecutive months of increased MFs, dropping AARP, removing MSDs. Next month they are cutting the fleet program back and the fleet credit on the i3 will go from $1,500 to $500.
