2023 i7 Prices

[petercnj]

Hi - I'm in the market for an EV and narrowed my options down to the i7 and Taycan GTS. The Taycan is really nice and drives great but is on the smaller side interior wise, and is difficult to get in and out of. It's also a very different class than my last two cars - Audi S8 and M760. I think the i7 may be better fit

For the Taycan, I was able to negotiate 3% discount + 7,500 rebate (if leasing) for a custom order. For July, BMW is now offering the 7,500 lease rebate on the i7. Anyone have an idea what kind of additonal discount i can expect? I was thinking around 6-8%? My local dealer has multiple i7s and a large amount of them have been sitting on the lot for at least a few months now, so I think 6% may be attainable.

I was also thinking i7 M70 but the price is insane. I configured one using the order guide, and was at $190k!!! Absolutely ridiculous amount for that car and not worth the almost $45k delta over the i7 60.

[CaboM4]

rates are terrible for the i7 this month.

50% residual for 10k/36month leases
Money Factor is 0.00190

The rates less than 60 days ago were much better ...
May was 0.00185 money factor and 53% residual

The $7500 credit is basically a wash absorbed by higher interest rates and lower residual

[petercnj]

I leased an i7 today. Frozen deep grey with black interior and almost every option. Base money factoe this month is .0019 and residual of 50% for 10k miles. I got 7,500 lease rebate plus an additonal 7% discount. I'm happy with deal especially with sales tax on EVs in NJ.

[AlteBMW]

Originally Posted by petercnj

I leased an i7 today. Frozen deep grey with black interior and almost every option. Base money factoe this month is .0019 and residual of 50% for 10k miles. I got 7,500 lease rebate plus an additonal 7% discount. I'm happy with deal especially with sales tax on EVs in NJ.

Seems like you did very well. Certainly better than I did on a 760 in April where it was just $1000 off MSRP. Congrats and enjoy it.

[CaboM4]

Originally Posted by petercnj

I leased an i7 today. Frozen deep grey with black interior and almost every option. Base money factoe this month is .0019 and residual of 50% for 10k miles. I got 7,500 lease rebate plus an additonal 7% discount. I'm happy with deal especially with sales tax on EVs in NJ.

Did you get a loyalty rebate as well? I was told there was loyalty available on top of the $7500 lease credit

Yes, the current NJ tax-free status on EVs is awesome. Between my i7 lease and iX purchase I saved about $12,500!

[jettie1767]

Originally Posted by petercnj

I leased an i7 today. Frozen deep grey with black interior and almost every option. Base money factoe this month is .0019 and residual of 50% for 10k miles. I got 7,500 lease rebate plus an additonal 7% discount. I'm happy with deal especially with sales tax on EVs in NJ.

I got the same deal with my dealer on the same color car! Car arrives next week but I'll be out of town for the next two weeks so have to wait until I get back for delivery.