Hello hackrs! This is my first hack and I want to verify the math before signing any paperwork. My city/state has no additional incentive for electric vehicles, but I do qualify for all the current BMW incentives (listed below). I am comparing all three terms (24, 30, 36 month), and none of the dealer quotes match my calculations. Your guidance is greatly appreciated.
In case it matters, the dealer is in Alabama and I will be registering the vehicle in Tennessee.
Vehicle: BMW i3
Sell price: $45,761
Base money factor: .00128
Lease incentive: $7,500
College grad: $1,000
OL code: $1,000
All calculations assume $0 down.
24 months: Dealer quoted $259 per month. Calculator says:
30 months: Dealer quoted $280 per month. Calculator says:
36 months: Dealer quoted $289 per month. Calculator says:
Thank you for your support,