BMW Sets Lease Price On i3 At $565 In The UK (£369) – Priced from £25,680
Unlike in the US, where BMW has just set the price of its all new electric vehicle, the i3 at $41,350 (+925 destination), in the UK Bimmer has tagged both the sale price and the lease offer – which should give us some insight into the future US lease deal.
In the UK, the i3 retails at £25,680 or $39,325 in USD – which also includes the local government’s £5,000 ($7,650 USD) instant grant program. Leases are offered starting from – £369 or $565 US dollars.
As for the fine print, we will let BMW explain:
“Customers entering into an agreement for an all-electrically powered BMW i3 can embark on a world of electric motoring by signing up to a 36 month contract and paying an initial £2,995 incl. VAT ($4,590 USD) followed by monthly payments of £369 (incl. VAT) and contract mileage of 24,000miles”
In the absence of a leasing announcement for the US, and using the rough “apples-to-apples” comparison between the US all-in price of $34,775 ($42,275 – $7,500) and the UK final price £25,680, that would give us a US lease offer of about $499/month.
We imagine BMW knows it likely has to be a little more aggressive with leasing here in the US to be successful – perhaps a $399/month with $2,999 down offer?
First deliveries in the UK are expected in November.