I3 Rex- good deal?

Year, Make, Model, and Trim: [2017 BMW i3 Rex]

MSRP: $50,495
Selling Price: $43,020
Rebates: $500 fleet, $7,500 EV

Months: [36]
Annual Mileage: 10,000

MF: [optional]
Residual: [optional]

Security Deposit: [$0]
Total Due At Signing: [$1,558]
Monthly Payment (incl. tax): [$299]

Zip Code: [95008]
Sales Tax Rate: [9.25%]

Leasehackr Score:

I think it is a good deal, even better if consider the CA rebate.

Is this a good deal?

Year, Make, Model, and Trim: [2017 BMW i3 Rex]

MSRP: $50,145
Selling Price: $43,870
Rebates: $500 fleet, $7,500 EV

Months: [24]
Annual Mileage: 10,000

MF: [optional]
Residual: [optional]

Security Deposit: [$0]
Total Due At Signing: [$6,250]
Monthly Payment (incl. tax): [$162]

Zip Code: [95054]
Sales Tax Rate: [9.00%]

Crazy to put so much down, especially on a 24 month term.

Assuming you’re income eligible, a 30 month term would have qualified you for the CVRP.

I have a loaded i3 Rex deal pending in Houston:

  • $58,944 MSRP
  • (-) $8,300 Dealer Discount
  • (-) $7,500 BMW Financial Lease Cash
  • = $43,144 Base Cap Cost
  • (+) $0 tax (tax credits from BMW Financial)
  • (+) .00152 money factor (buy rate) and 60% residual for 24 months and 10k miles a year
  • = $399/mo

First month’s payment and fees of $411 are due at signing (doc, tax, title, registration) but $0 security deposit; however, BMW will credit back $300 on first invoice for unused miles from turned-in i3. Dealer is also throwing in ceramic tint and paying to flat bed from Austin since they don’t have the car I want in stock.

This particular car has every single option less extra charge paint but includes the Turbocord charger; I don’t need or want the charger (I already have an L2 Bosch) so the dealer discounted it off.

Assuming there are no hiccups with shipment, I’ll take delivery in a few days, and I’ll post the final breakdown.

I highly recommend Derrick Goodwin at Momentum BMW West. This is my second i3 from him, and he makes it a super simple transaction.