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Old 05-20-2016, 09:15 PM   #1
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Default Looking for peer approval: BMW i3

A local dealer is running a lease promotion of $0.00 down, $259 a month for 10,000 miles a year on the top trim i3 with the range extender.

We've basically given up using my wife's FX35 because of the abysmal fuel economy and quite frankly it sucks to drive. I'm sure the Tesla has contributed to my not liking it but the engine is peaky, the transmission is terrible and it's nearly impossible to drive smoothly. I like it but I'm over it. And it needs tires. I'd rather put that $900 towards a lease than tires on a car that's being driven 2000 miles a year.

Thoughts? I drove one today and I like it.
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Old 05-20-2016, 09:16 PM   #2
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Old 05-20-2016, 09:20 PM   #3
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A local dealer is running a lease promotion of $0.00 down, $259 a month for 10,000 miles a year on the top trim i3 with the range extender.

We've basically given up using my wife's FX35 because of the abysmal fuel economy and quite frankly it sucks to drive. I'm sure the Tesla has contributed to my not liking it but the engine is peaky, the transmission is terrible and it's nearly impossible to drive smoothly. I like it but I'm over it. And it needs tires. I'd rather put that $900 towards a lease than tires on a car that's being driven 2000 miles a year.

Thoughts? I drove one today and I like it.

I say go for it. And that's pretty dman good deal. The I3 with range extender out in Chicago land is 30 bucks more and they want like 3k down. Are you sure zero down?
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Old 05-20-2016, 09:24 PM   #4
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Yeah, I even had them confirm it because the car is an hour south of me and when I tried to get local dealers to honor the deal they told me they couldn't come close.
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Old 05-20-2016, 10:08 PM   #5
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Not a huge fan of the looks of the i3, it's for sure in the eye of the beholder. That's a hell of a lease deal though.

Don't know much about them other than the one I sat in at a dealer once for fun.
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Old 05-20-2016, 10:25 PM   #6
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I see them all the time, and they're weird. Seems like a great deal though so I say go for it.
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Old 05-21-2016, 06:37 AM   #7
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Is it worth spending $260/month for a 10,000/year lease if you are only putting 2k miles on the car annually?
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Old 05-21-2016, 06:49 AM   #8
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Old 05-21-2016, 06:58 AM   #9
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Reads like a good deal, do it and post pictures
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Old 05-21-2016, 07:00 AM   #10
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Even at that price, I couldn't do it. It's one of the ugliest vehicles on the road.

Plus you aren't using the mileage that you're paying for at 2k per year.
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Old 05-21-2016, 10:30 AM   #11
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What's the point of having a car you can't really drive and enjoy? I say that because IMO, 10k miles a year is not a lot at all.
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Old 05-21-2016, 11:39 AM   #12
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That's a smoking deal. They're everywhere out here and I agree they're weird, but they somehow look premium still. How many does that dealer have at that deal/price?
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Old 05-21-2016, 02:11 PM   #13
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I drove one and kinda liked it. It had decent enough pickup for just being a plane jane DD type car. The choice of materials used in the interior was a bit strange. Reminded me of furniture that IKEA sells
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Old 05-21-2016, 02:27 PM   #14
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Quote:
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What's the point of having a car you can't really drive and enjoy? I say that because IMO, 10k miles a year is not a lot at all.
Seems like plenty in a household with more than one car and a short commute.
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Old 05-22-2016, 12:15 AM   #15
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Quote:
Originally Posted by willizm View Post
Is it worth spending $260/month for a 10,000/year lease if you are only putting 2k miles on the car annually?
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Plus you aren't using the mileage that you're paying for at 2k per year.
We weren't driving the Infiniti because every time we'd leave the house it would be an instant cost proposition analysis. Do we take the car that costs us zero dollars and is super comfy or the one that chugs fuel and has a transmission that changes it's mind about what gear it wants to be in every 6 seconds.

With the i3 now I can take it during the day for my trips. I won't have to pile miles on the Tesla because now my other car is electric too. Basically the way I look at it is either way my wife needs to have a car and now she has something new, under warranty, that I can drive too and that is fully covered for the duration of our ownership. I'm down with that.

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That's a smoking deal. They're everywhere out here and I agree they're weird, but they somehow look premium still. How many does that dealer have at that deal/price?
They legitimately only had the one. The guy said he had people calling him on it all morning. They had others for close though. $30 more a month for the other cars they had.

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I drove one and kinda liked it. It had decent enough pickup for just being a plane jane DD type car. The choice of materials used in the interior was a bit strange. Reminded me of furniture that IKEA sells
It's apparently all reclaimed/ recycled. It's supposed to be a truly green car. I give zero f's about that.

And it probably goes without saying now but I bought it. I drove 1.5 hours to the dealer, got there and they only wanted to give me $15,000 for the Infiniti. Knowing how good the deal was on the i3 I knew I really wasn't in a position to get them down any further on it and I knew with bald tires and some scrapes and scuffs from me smacking our recycling bins I was going to get taken to the cleaners on the Infiniti.

It took me politely walking out for him to raise the offer on the Infiniti. And I wasn't bluffing. I was totally fine with leaving in the Infiniti, throwing tires on it and going on with my life. They ended up getting up to $17,000 on it which I was totally fine with and we did the deal.

First impressions: It uses cheaper materials but the interior is noticeably better built than the Tesla. Not that the Tesla is bad but I forgot how solid BMW interiors are. There are some oddities. We have the top of the line trim package but no power seats or wheel. They aren't even an option on the car. It's not a big deal but it's a strange omission.

Power delivery is smooth. Quick from a stop, not so much from a highway roll. The generator kicks on at 7% battery life and just tries to maintain the battery at 7%. As I live on top of a hill, by the time I reached my house the electric range was zero and the generator was in panic mode trying to keep up. Panic mode is fucking loud. I'm talking so loud you'd be embarrassed. I know it's just a 2 cylinder motorcycle engine but it sounds like garbage at full tilt. Lucky for me, it's usually not running at that speed. Typically when it's running you can't tell it's on.

Here's a video of someone else's at full speed.

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Old 05-22-2016, 12:34 AM   #16
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That is straight obnoxious.
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Old 05-22-2016, 12:47 AM   #17
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Haha love that you went back and insta delt it. Zero fucks given, i3 me meow. Well played on the trade, enjoy the golf cart sir! In all honesty not a bad lease in the least as a second car.
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Old 05-22-2016, 07:21 AM   #18
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Quote:
Originally Posted by willizm View Post
Is it worth spending $260/month for a 10,000/year lease if you are only putting 2k miles on the car annually?
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Even at that price, I couldn't do it. It's one of the ugliest vehicles on the road.

Plus you aren't using the mileage that you're paying for at 2k per year.
This is an advantage for a lease IMO. Having a lease is awesome because you'll always have a new car so there is never any maintenance. Never pay for an oil change or brakes or tires etc..... And let's say you like always having a new car as Mike K obviously does, buying it and only putting on 2K a year means you are losing far far more due to depreciation than the equivalent of paying for 10k lease and only driving 2.


I for one can't figure it out but some cars are literally just given away as a lease and some cars are more expensive to lease than to buy. Apparently it's just residual value but even cars with terrible residual sometimes have great lease deals so it'll forever be a mystery.
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Old 05-22-2016, 11:13 AM   #19
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The wife wants one and I am currently researching. I will be curious on how your short term experience will be.
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Old 05-22-2016, 08:40 PM   #20
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Get an i8 and be done with it. Yes, I know it is REALLY, REALLY expensive.
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Old 05-23-2016, 01:49 AM   #21
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drove an i3 last year at the same event i was at again this weekend, although this time they also had some hybrid x5 and the i8. i was too lazy to hang around and make sure i got to drive the i8 but did go out as a passenger. pretty smooth car and quite sharp! i like the i3 too, didn't know the range extender was that balls out loud.
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Old 05-23-2016, 01:53 AM   #22
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It really isn't that bad when it comes on. Usually you have no idea. I had kind of a perfect storm situation where I pulled into my neighborhood with 4% charge and then had to drive up hill for a mile. By the time I got to the top it just started running like that.

This morning I took it to a quick charger and the generator ran the entire way there without me having any clue it was on.
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Old 05-23-2016, 09:07 AM   #23
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It sounds like a great move really, except when you look at the thing. It is hard on the eyes
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Old 05-23-2016, 09:27 AM   #24
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That's a damn good deal. I wish I didn't drive a ton, I'd lease the shit out of cars and spend 30% of what I do on payments.

So, are these more like a Tesla with a 100+ mile EV range, or more like a Volt with a 30ish mile EV range and a range extender?
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Old 05-23-2016, 09:40 AM   #25
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Quote:
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It really isn't that bad when it comes on. Usually you have no idea. I had kind of a perfect storm situation where I pulled into my neighborhood with 4% charge and then had to drive up hill for a mile. By the time I got to the top it just started running like that.

This morning I took it to a quick charger and the generator ran the entire way there without me having any clue it was on.
ah i see, so it's in zomg mode there. it did seem rather uncouth for bmw if that was what it sounded like when normally kicking on.

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That's a damn good deal. I wish I didn't drive a ton, I'd lease the shit out of cars and spend 30% of what I do on payments.

So, are these more like a Tesla with a 100+ mile EV range, or more like a Volt with a 30ish mile EV range and a range extender?
it's like the volt, although range extender is standard with those right? it is an option with bmw.

i was at autobahn south with these yesterday on a bmw track day. no i8 was out on track then but an i8 has been out on some other track days (quite skinny tires though.) a tesla was actually out running in the novice group, although it was late when i went to chat him up and i didn't catch him before i left.
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