BMW i3 Lease Deal: $99 Per Month

DEC 13 2014 BY ERIC LOVEDAY 20

We’ve come a long way from the days when the monthly lease rates for the BMW i3 were in the $700 to $1,000 range.

InsideEVs contributor Peder Norby alerted us to this deal:

“Heck of a deal from BMW of Vista on a $45,200 BMW i3 (not a base stripped version).”

$99 BMW i3 Lease Deal

$99 BMW i3 Lease Deal

This deal is at BMW of Vista (Vista, California).  Since it’s a 2-year lease, lessees won’t get the $2,500 California rebate.

Here’s the fine print:

2014 BMW i3

Stock #‎s‬ 103655, 103657. $99.99 lease per month plus tax for 24 months on approved above average credit through BMW Financial Services. $45,200 MSRP. 2 available at this lease payment. $6,710.74 due from customer at signing. 20 cents per mile over 20,000 total miles. $0 security deposit. Ends 12/31/2014.

And while most i3 buyers are likely to get a buy like this, the trend of late is certainly showing a downward momentum in the affordability of the BMW.

Categories: BMW, Deals

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20 Comments on "BMW i3 Lease Deal: $99 Per Month"

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Assaf

Wait. Is it $4.6k at signing, or $6.7k? The former is as good as pretty good Leaf deals. The latter… somewhat worse. Devil’s in the details.

In any case, much better than any other previous i3 deal. Is this the BEV or the REx?

Personally I wouldn’t lease the i3 for more than 2 years anyway. With all the kludging they did in general and around CARB minutiae (the crippled REx range/performance, useless empty space in the BEV, etc.) and with the upcoming competition from eGolf, Volt 2 and Leaf (both current and longer-range), I’d be surprised if they don’t come out with something better by late 2016 at latest.

Warren

There are at least 28 BMW i3’s sitting on dealer lots in Virginia, as of this morning. One dealer in Alexandria is offering a $69/mth lease sale offer on a base model.

mike w

Where?

mike w

Thanks for the tip. he also has one for $69 a month. Sweet Jesus we are a low mileage household this would be great for me!!!!!

http://www.bmwofalexandria.com/inventory.cfm?NewUsed=1&Year=&MakeID=&ModelID=11434&VehicleTypeID=&Trim=

Chris O

So this really is a $378/month lease deal including the money down.

It might have said that in the title because the monthly payments are not really what this deal is all about.

David Murray

Yep – It’s an age-old trick to get people in the door, then hit them with the details. But even still, the deal isn’t bad. If I could get a Rex version close to that price, I’d take it!

See Through

Insane deals! Looks like REX have a bit more demand (no range anxiety), so no such deals for REX.

MrEnergyCzar

Close to $400 a month after all the taxes etc…

Peder Norby

yes, but I think the overall point is $378 a month (with zero down and zero cash out the door in this hypothetical) Or how ever you want to do the math, for a short two year lease on a nicely equipped BMW i3 is a really good deal for this car.

Ct200h

Exactly the deal I am seeing locally under $400 a month for 24 months for a mega Rex with heated seats
That’s nothing down and only 1st months payment due at signing. taxes in va are $1800 but its all rolled in the payment
Not bad

kubel

I might pull the trigger if that was available near me.

bitguru

Here’s the $69/month vehicle from Alexandria VA: http://www.bmwofalexandria.com/detail.cfm?inventoryID=336347

It doesn’t list the details.

Vin

I clicked on that link, it now shows $98/mo… looked into the details, and the details show a $199/mo, 39/mo lease with $3924 total drive-off. Still a pretty sweet deal…

Spec9

Do you get the $7500 tax-credit? I guess not. That would basically be a free car.

Thomas j. Thias

No, Spec9,

As directed by the Energy Independence and Security Act, Public Law 110-140(2007), Signed on December 19, 2007 by President Bush, the ‘OWNER’ of an Electric Fueled Vehicle with an onboard battery if 16kWh or greater is eligible to collect up to a $7,500.00 tax credit.

Link Goes To Energy Independence and Security Act, Public Law 110-140(2007)Pdf-

http://www.gpo.gov/fdsys/pkg/BILLS-110hr6enr/pdf/BILLS-110hr6enr.pdf

In this case, as in ALL Electric Fueled Vehicle leases in the USA, the lessor, BMW Financial Services, captures all of this $7,500 allocation and passes some or all of it on to the lessee in the form of a reduced payment.

This Federal Tax Credit to lease or buy in in force through 200,000 Electric Fueled Vehicles produced per OEM.

Best-

Thomas J. Thias

Sundance Chevrolet Inc.

517-749-0532

https://twitter.com/AmazingChevVolt

Thomas j. Thias

As an additional note, this Federal Tax Credit, on a purchace, is governed by the Federal Tax exposure of the buyer and allows a recapture of taxes normally due, up to the stated amount’s, based on battery size.

Up to, Examples:

Chevy Volt Extended Range EV
2011, 2012, 2013, 2014, 2015 – $7,500

Toyota Prius Plug In PHEV?
2012, 2013, 2014, 2015 – $2,500

Chevy Spark BEV
2014, 2015 – $7,500

Cadillac ELR Extended Range Electric Luxury Coupe
2014 – $7,500

Ford Fusion Energi PHEV
2013, 2014, 2015 – $4,007

Zenith Motors Electric Shuttle Van BEV
2014 – $7500

Mercedes-Benz B-Class EV
2014 – $7,500

Links Go To IRS Dot Com – Plug-In Electric Drive Vehicle Credit (IRC 30D)-

OVERVIEW-

http://www.irs.gov/Businesses/Plug-In-Electric-Vehicle-Credit-(IRC-30-and-IRC-30D)

OEM – Qualified Vehicles Acquired After 12-31-2009 List-

http://www.irs.gov/Businesses/Qualified-Vehicles-Acquired-after-12-31-2009

As always, consult your competent Tax Attourney!

Best-

Thomas J. Thias

517-749-0532

https://twitter.com/AmazingChevVolt

Vin

Added this offer to a list I update weekly:

http://ev-vin.blogspot.com/2014/04/current-36-month-lease-offers-for.html

This weekend, Long Beach BMW has a $199/mo, $1995 due at signing deal. MSRP is $3K less than the units offered at Vista BMW, though.

Ramiro

That’s a terrible deal my buddy just picked up and I three in Boston for 249 a month zero down for 24 months 10,000 miles a year. Be that!! I’ll
Wait

Aaron

Hey! I have a great deal on a Nissan LEAF S! Only $29,000 down and $1 per month!!!

Ramiro

I’ll take two one for spare.