I am in the market to lease an i3 REX; however, I came across the So Cal Edison deal of $10k off a new i3. I understand that it’s for purchase only and I do qualify for it.
If I take advantage of that discount and the $7,500 Federal tax credit, then sell the car a year later…wouldn’t I be driving the car for almost for free? I guess the question is whether the i3 will depreciate by over $17,500 in a year?
I think the problem is the sales tax / doc fees etc… It all adds up. In NJ we have the same rebate offer with no sales tax and I still would not consider over leasing. Some cars are just meant to be leased.
True, it is just that the initial depreciation is terrible. below are wholesale transactions on 2016’s
Date Sale price ODO Seller Location
|1/17/18|$25,000* |88| 5.0|EL/A|- -|Factory|Northeast|New Jersey|
|1/17/18|$18,500 |19,0424.0|EL/A|White|Regular|West Coast|California|
|1/9/18|$20,300 |8,190|4.8|EL/- -|- -|Lease|Southeast|Atlanta|
|11/22/17|$20,250* |1,659|4.5|EL/A|Gray|Factory|Northeast|New Jersey|
|11/1/17|$24,500 |726|- -|EL/A|- -|Factory|Northeast|New Jersey|
|11/1/17|$24,750 |359|- -|EL/A|- -|Factory|Northeast|New Jersey|