Table Of Contents
BMW i4 Lease Options Overview
BMW i4 Lease Deals and Special Offers
BMW Service and Parts Specials
Additional Considerations for Leasing a BMW i4
FAQ
Embarking on a two-year journey with the BMW i4 through a lease can be both exhilarating and daunting. This comprehensive guide aims to navigate you through the myriad of lease options, deals, and considerations specific to the BMW i4. Whether you're comparing lease payments, pondering over incentives, or weighing the pros and cons of various lease deals, this article serves as your beacon through the complexities of leasing this electric vehicle (EV).
TLDR
- Lease options for the BMW i4 are diverse, with comparisons to other EVs highlighting its unique offerings.
- Understanding lease payments, additional fees, and the impact of incentives can significantly affect your leasing decision.
- Current lease deals, including special offers at specific dealerships, provide a variety of options for potential lessees.
- Additional considerations such as mileage, wear and tear, and end-of-lease costs are crucial for making an informed leasing decision.
Financial and Environmental Advantages of Leasing the BMW i4
Leasing an electric vehicle (EV) like the BMW i4 not only aligns with a sustainable lifestyle but also offers significant financial benefits, thanks to federal and state EV incentives. For instance, the BMW i4 qualifies for a substantial $7,500 Lease Credit, a pivotal factor that can dramatically lower monthly lease payments and, by extension, the total cost of ownership. This, coupled with potential state-specific incentives—ranging from rebates to tax credits—can further enhance the financial appeal of leasing an EV over traditional gasoline-powered vehicles.
"By leveraging federal and state EV incentives, lessees can enjoy a more affordable leasing experience, making the BMW i4 an enticing option for eco-conscious drivers." - Consumer Reports
Moreover, the environmental benefits of choosing an EV like the BMW i4 over a gasoline-powered counterpart are undeniable. Electric vehicles, including the i4, are responsible for significantly lower CO2 emissions—about 4.4 metric tons per year compared to 11.4 metric tons from gas cars. This reduction in greenhouse gas emissions, alongside zero tailpipe emissions, contributes to a cleaner, healthier environment.
In terms of energy cost savings, the efficiency of EVs translates into tangible financial savings over the lease term. While the upfront cost may be higher, the operational and maintenance costs of electric vehicles are notably lower, offering lessees potential savings in the long run.
| Aspect | BMW i4 (EV) | Gasoline-Powered Vehicle |
|---|---|---|
| CO2 Emissions | 4.4 metric tons/year | 11.4 metric tons/year |
| Tailpipe Emissions | Zero | Present |
| Potential Energy Cost | Lower | Higher |
In summary, leasing the BMW i4 not only supports environmental sustainability but also presents an economically savvy choice when considering the long-term financial benefits and energy cost savings. The combination of federal and state incentives, alongside the inherent efficiency of electric vehicles, positions the BMW i4 as a compelling option for prospective lessees.
For more detailed insights, explore the environmental impact and financial benefits of leasing an EV at Energy Innovation and Green Cars.
BMW i4 Lease Options Overview
Lease Options Comparison
How the BMW i4 Stacks Up
Leasing an electric vehicle (EV) means sifting through a bunch of deals to find the right one. If you're eyeing the BMW i4, you're probably wondering how it compares to other EVs out there. Let's dive in.
| Vehicle | Monthly Payment | Term | Due at Signing | Mileage Allowance |
|---|---|---|---|---|
| BMW i4 eDrive35 | $499 | 36 months | $4,599 | 30,000 miles (BMW of Devon) |
| BMW i4 eDrive40 | $569 | 36 months | $5,669 | Not specified (Chapman BMW on Camelback) |
Right off the bat, the BMW i4 eDrive35 seems like a sweeter deal with a lower monthly payment and upfront cost than the eDrive40. But, the mileage allowance for the eDrive40 isn't clear, which could be a game-changer for some. Remember, lease deals can vary a lot between models and dealerships, so always double-check with the dealer for the latest info.
Digging into the BMW i4's Lease Options
The BMW i4 comes in a few flavors, each with its own lease deal. For example, the eDrive35 model goes for $499 a month for 36 months with $4,599 due at signing, and you get a $7,500 Lease Credit (BMW of Devon). On the flip side, the eDrive40 model is up for grabs at $569 a month for 36 months with $5,669 upfront, valid through April 01, 2024 (Chapman BMW on Camelback).
These options show there's a bit of wiggle room in the BMW i4 lineup, catering to different budgets and tastes. Whether you're after the lowest monthly payment or have your heart set on a specific model, BMW's got some tempting deals.
What's in Your Lease Payment?
Breaking Down Your Payments
Leasing a BMW i4 means your monthly payments are based on the car's MSRP, any down payment you make, and other financial bits and bobs. For instance, a 2024 BMW i4 eDrive35 might have a monthly lease payment of $499 for 36 months, based on an adjusted cost of $42,020, which includes the MSRP of $54,545 and a lease credit (BMW of Devon). This covers the car's use for the lease term, usually with a set mileage limit.
Extra Costs to Keep in Mind
Besides your monthly payments, there are a few other costs to consider:
- Excess Wear and Tear: You'll need to cover any damage that goes beyond normal use.
- Mileage Overages: Going over your mileage limit will cost you $0.25 for each extra mile.
- Disposition Fee: If you don't buy the car or lease another BMW at the end, you might pay up to $495.
- Other Fees: Initial costs can include taxes, title, license, registration, dealer fees, and possibly a security deposit. The advertised monthly payment doesn't include taxes, and the buyout price at the end of the lease is set in your contract, potentially $29,454 or more, plus extra fees (Chapman BMW on Camelback).
Knowing these details upfront can help you avoid any surprises during or at the end of your lease.
Getting the Best Bang for Your Buck
How Lease Pricing Works
The MSRP, down payments, dealer contributions, and lease credits all play a big part in figuring out your monthly payments. For example, a lease for the BMW i4 eDrive35 might start at $499 a month for 36 months, with an adjusted cost of $42,020, coming from an MSRP of $54,545. This includes reductions and contributions that lower the lease price (BMW of Devon).
Incentives and Their Impact
Incentives like lease credits can knock a good chunk off the overall cost of leasing. For instance, a $7,500 lease credit for certain BMW i4 models directly reduces the monthly payment and upfront cost. The effect of these incentives can vary depending on the vehicle model and lease terms. For example, different BMW i4 models, like the eDrive35, eDrive40, and M50, come with their own set of offers and incentives, influencing the monthly payment and initial costs.
| Model | Monthly Payment | Due at Signing | Lease Term | Incentives |
|---|---|---|---|---|
| BMW i4 eDrive35 | $499 | $4,599 | 36 months | $7,500 Lease Credit |
| BMW i4 eDrive40 | $569 | $5,669 | 36 months | $7,500 Lease Credit |
| BMW i4 M50 | $749 | $6,499 | 36 months | $7,500 Lease Credit |
Getting a handle on these factors and incentives can help you navigate the leasing maze, ensuring you snag the best deal on your new BMW i4.
FAQ
What is the monthly payment for leasing a BMW i4 eDrive35?
The monthly payment for leasing a BMW i4 eDrive35 is $499 for 36 months.
How much is due at signing when leasing a BMW i4 eDrive40?
When leasing a BMW i4 eDrive40, $5,669 is due at signing.
What is the mileage allowance for the BMW i4 eDrive35 lease?
The mileage allowance for the BMW i4 eDrive35 lease is 30,000 miles.
Are there any lease credits available for the BMW i4 models?
Yes, there is a $7,500 lease credit available for certain BMW i4 models.
What are some extra costs to consider when leasing a BMW i4?
Extra costs include excess wear and tear, mileage overages at $0.25 per extra mile, a disposition fee of up to $495, and other fees such as taxes, title, license, registration, and dealer fees.
What is the adjusted cost of a 2024 BMW i4 eDrive35 based on its lease terms?
The adjusted cost of a 2024 BMW i4 eDrive35, based on its lease terms, is $42,020, which includes the MSRP of $54,545 and a lease credit.
What happens if I go over the mileage limit on my BMW i4 lease?
If you go over the mileage limit on your BMW i4 lease, you will be charged $0.25 for each extra mile.
Can I buy the BMW i4 at the end of my lease?
Yes, you can buy the BMW i4 at the end of your lease. The buyout price will be set in your contract, potentially $29,454 or more, plus extra fees.
How does the BMW i4 eDrive35's lease deal compare to the eDrive40's?
The BMW i4 eDrive35's lease deal has a lower monthly payment and due at signing amount compared to the eDrive40, making it a potentially more affordable option.
What factors influence the monthly payment of a BMW i4 lease?
Factors that influence the monthly payment of a BMW i4 lease include the MSRP, down payments, dealer contributions, and lease credits.
