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-   -   i3 as a commuter car for $150/month? (http://forums.carmudgeons.com/showthread.php?t=158737)

robg 09-25-2019 02:47 PM

i3 as a commuter car for $150/month?
 
Happened to see this thread on leasehackr and it reminded me of how (potentially) cheap certain EVs can be to lease:
https://leasehackr.com/calculator?ma...acqWaiver=true

At that price, seems like your total monthly cost (including electriciy and insurance) could be under $300. That has to be one of the cheapest overall running costs for a new car and rivals even running a used Corolla or something.

Of course, the i3 has limited range and is fugly but at a certain price it kinda starts to make sense, no? I have driven them a few times and they're kind of fun (like any EV with the instant torque and regen). Also nice to sit higher up in a city-car. E golf is better looking but their lease rates are terrible w/ a super low residual.

clyde 09-25-2019 03:09 PM

Quote:

Originally Posted by robg (Post 552282)
Happened to see this thread on leasehackr and it reminded me of how (potentially) cheap certain EVs can be to lease:
https://leasehackr.com/calculator?ma...acqWaiver=true

At that price, seems like your total monthly cost (including electriciy and insurance) could be under $300. That has to be one of the cheapest overall running costs for a new car and rivals even running a used Corolla or something.

Of course, the i3 has limited range and is fugly but at a certain price it kinda starts to make sense, no? I have driven them a few times and they're kind of fun (like any EV with the instant torque and regen). Also nice to sit higher up in a city-car. E golf is better looking but their lease rates are terrible w/ a super low residual.

Assuming the car works for your needs, that kinda looks like a smoking deal at first blush.

Jeff_DML 09-25-2019 03:23 PM

Quote:

Originally Posted by clyde (Post 552283)
Assuming the car works for your needs, that kinda looks like a smoking deal at first blush.

yeah I agree


>>>>>>>>>>>>>>

There were deals like this on the fiat electric car awhile back

clyde 09-25-2019 03:35 PM

Quote:

Originally Posted by Jeff_DML (Post 552284)
There were deals like this on the fiat electric car awhile back

A few years back, Honda had a ridiculously low cost 2 year lease for the Fit. And then they re-leased the turn-ins as they came in.

Still kind of smack myself for not taking advantage of the original deal on the new ones and didn't ever find ones in MD when I checked for the used ones.

I think I'll be looking at the i3 options...

Nick M3 09-25-2019 04:10 PM

They are kind of tempting. I don’t need more cars, though.

John V 09-25-2019 09:24 PM

Even at $150 a month I don't think I could be persuaded to drive one of those.

Alan 09-25-2019 10:08 PM

That is an incredible deal .. $150 a month for a car ... jeesh my Fios bill is more then double that ... actually so is my cell phone bill ... get one and have some fun plus that instant torque had got to be amazing !!

There is no doubt that car is certainly unique in a cool way !!

FC 09-25-2019 10:35 PM

My eGolf was $200 (loaded) which is why we got it. Insurance was expensive though, so keep an eye on that.

robg 09-25-2019 11:31 PM

Quote:

Originally Posted by FC (Post 552293)
My eGolf was $200 (loaded) which is why we got it. Insurance was expensive though, so keep an eye on that.



Yeah I think the i3 is expensive too owing to it’s carbon structure. I think the 200/month egolf days are gone sadly. The 3 year residual is in the 30s now and the money factor is high. So even with a significant discount it’s hard to make it work.

clyde 09-26-2019 12:55 AM

Quote:

Originally Posted by robg (Post 552294)
Yeah I think the i3 is expensive too owing to it’s carbon structure. I think the 200/month egolf days are gone sadly. The 3 year residual is in the 30s now and the money factor is high. So even with a significant discount it’s hard to make it work.

In 2015, Honda was leasing Fit EVs for two years $199/mo, $199 down (first month's payment), unlimited miles, scheduled maintenance, and included collision coverage. That was a deal.

Biggins 09-26-2019 08:12 AM

This sounds like a killer deal!

Nick M3 09-26-2019 09:35 AM

It’s a great deal, but it’s worth noting that it’s actually $250/mo. when you do zero drive off. Which you should.

3LOU5 09-26-2019 10:25 AM

Anytime you can commute to work in an electric car at great price is win in my book.

However, I wouldn’t be too keen on taking one on a long road trip, especially out West.

robg 09-26-2019 11:58 AM

Quote:

Originally Posted by 3LOU5 (Post 552300)
Anytime you can commute to work in an electric car at great price is win in my book.



However, I wouldn’t be too keen on taking one on a long road trip, especially out West.



For sure - the i3 would not be a good road trip car.

robg 09-26-2019 12:00 PM

Quote:

Originally Posted by Nick M3 (Post 552299)
It’s a great deal, but it’s worth noting that it’s actually $250/mo. when you do zero drive off. Which you should.



Totally agree. But you can then subtract the 2500 in post sale rebates (many states now offer EV credits even on leased cars of approx 2500). Id be able to do that. I could also subtract the 500 CCA rebate

Jeff_DML 09-26-2019 12:09 PM

Quote:

Originally Posted by John V (Post 552290)
Even at $150 a month I don't think I could be persuaded to drive one of those.

when they first came out I drove one and I thought it was kind of fun

wdc330i 09-26-2019 12:39 PM

I'm surprised at how much they retail for...

robg 09-26-2019 01:00 PM

Quote:

Originally Posted by wdc330i (Post 552304)
I surprised at how much they retail for...

yeah- you'd think by now they'd have adjusted the MSRP to be closer to reality. Makes for great leases though - which may be the point.


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