Want To Lease a BMW i3? Here's What You Should Know
Leasing a BMW i3 is easy, but it’s best to shop around because you make get a better deal at different dealerships.
Written by Serena Aburahma
Reviewed by Kathleen Flear
Before you head to the
BMW
dealership and apply for a lease, it's important to understand some details of the process. Knowing what the process entails and how it works can help you lease a BMW i3 with ease. Just because a vehicle is leased, however, does not mean it won't need insurance coverage. Make sure you select a
legitimate insurance company
that can help you save on costs. You'll feel safer on the road with the right insurance on your side.Lease a BMW i3 with ease
Car and Driver
lists the BMW i3 as a great electric vehicle for daily commutes. The futuristic styling gives the car a great appearance, while its perky acceleration and electric powertrain make it a worthwhile ride. To lease this vehicle, you can look online or visit your local BMW dealership to make a deal. It's wise to shop around to find the best deal. You may be able to receive special perks and discounts from one dealership compared to another. BMW dealerships, in particular, are inclined to offer a loyalty discount if you've already purchased a vehicle from them in the past.
This can save you up to a couple of thousand dollars on your purchase price. Wait until the place is having a special promotional event, and you can save even more, on top of the $7,500 credit many states offer a tax incentive for purchasing an electric vehicle.
Cost to lease BMW i3
The cost to lease a BMW i3 is going to be different for everyone. Your credit, means to pay, and the deal you receive at the time of leasing all play a role in determining your monthly payment and final price if you want to purchase.
US News
indicates a $44,450 price tag on 2021 models as a starting price for purchasing. Other sellers have the vehicles on the market for upwards of $51,000 though, so that's why it's so important to shop around. Providing a larger down payment can also help cut costs for your monthly lease amount. Most companies offer anywhere between a 2 and 5-year lease, so what you choose will also affect how much you pay. A longer lease means a lower monthly payment. A BMW i3 lease can still cost you upwards of $1,000 if you have a short-term lease and low down payment.
What are some of the best features of the BMW i3?
Before you make the decision to lease this vehicle, it's wise to look at some of the features it offers.
Some of the best features include a roomy cabin, back-up camera, and quiet sound. This four-seat vehicle can either be used as such, or you can turn it into a two-seater and put the back row down for extra carrying space. It's far roomier than you'd imagine.
The front center console provides a USB charging port, and the touchscreen display utilizes BMW's infotainment interface called the idrive 6. You can integrate Apple CarPlay if you desire as well.
Many of the safety features do not come standard, but you can get them if you upgrade. Adaptive cruise control, forward-collision warning, and automated emergency braking can all be added.
Get your leased BMW i3 insured with the help of Jerry
Once you've made the decision to lease a BMW i3, it's important that you get the proper insurance on it to protect you should anything go wrong. Sign up with
Jerry
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