stevepl wrote:For a lease, they give an instant full federal tax credit of $7500 off the settled price. The 3 year residual value is 23,000. With my trade-in value of $3750 down, the total price was 41,800 and my lease payments are $650 with 30,000 mile allotment.
Long story short, no huge discounts but it is nice to get the full $7500 credit right away. I don't think BMW was as generous with the Federal credit for leases.
Studio City, CA
Residual seems around $4k lower than my 2011 LEAF (based on $11k price differential) which is good and bad. The good: it's cheaper to buy out, the bad: the lease payment is more than double my LEAF payment.
Kinda puzzled why that payment is so high, I would've expected something in the $450-550 range, it's almost as if they didn't take the $7500 tax credit off the price.