Apart from describing the amazing 24 hours experience in Bmw i8 zooming around in Orange County area today- I would also like to take the time to breakdown financially speaking renting vs leasing
Financials First (Because that’s the point of this forum right?)
I’m a numbers guy so I’ll just do this for fun cause I’m into that sort of thing.
Let me give a shoutout to Mark S. who owns this BMW i8 and rents it out $230 a day on weekends with UNLIMITED MILES
Lets start with the Leasehackr deal of $1275 a month from @LeaseHero or even the ROADSTER offered by @nyclife for $1221+tax (Assuming $0 Down and 10k miles per year and lets say for fun we do $0 DAS <- which honestly good luck getting $0 DAS for an i8 but lets say for giggles it’s $0
Lease based on the best LH Deal Right now
$1,221 a month plus OC tax $95 (7.75%) in one year $15,792 per year add $1,932 (Google Insurance)
So grand total for the year will run you about $17,724 per year
$199 on Weekdays $230 on Weekends
Insurance is about $100 per day if you do the Turo coverage (optional) (SUPREME FULL COVERAGE)
Lets call this an Every Saturday Rental
$230 a Day + $100 (optional) Insurance = $330 Per Day
52 weeks with insurance in a year = $17,160 per year
So I thought it was pretty fair given the non-commitment into an i8 Lease- Definately value in the rental.
The ride was extremely comfortable and fun. Very easy to drive- I couldn’t stress the ease of parking this any way you want it versus some other sports cars I’ve driven. Definately a headturner- plenty of G-force and the night styling is superb! Highly recommend those of you in the OC to try it sometime!
And here’s a referral code: