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I have always maintained that a good number of i3 buyers will be Chevy Volt and Nissan LEAF owners that have just finished up the three year lease on their vehicle. Phil Tipper is an EV "early adopter" and leased a Nissan LEAF. His lease will expire next spring so he's trying to decide which plug in vehicle he'll get next. The i3 is on his list of possibilities and when BMW recently offered the i3 extended test drive Phil  jumped on the opportunity to get to know the car a little more. I love this extended test drive offering from BMW. I think it's a great way to give prospective customers a chance to absorb what the i3 is all about. Phil is already an experienced electric car driver so he could focus more on the specific features of the i3, but many others who have never experienced electric drive will find the extended time they have with an i3 intoxicating. Having more than a few minutes during a quick test drive at a dealership will absolutely help convince p...

I wrote this post a few days ago for BMWBLOG. There has been so much speculation and incorrect information circulating in regards to the OwnersChoice with Flex option that BMW FS is offering on the i3 that I wanted to get some info out there on it. It's a new product, so it's certainly understandable why there are questions. However I've read where people have gone as far to call it a "convoluted scam" as if it's just a way to charge the customer more money and in fact it's the opposite. Using OwnersChoice with Flex you can drive off in a base i3 BEV with no money out of pocket for as little as $494/month depending on where you live.  Now that BMWBLOG has had it for a couple days and InsideEVs has run it also, I figured I'd put it up here also. If you have any questions, please fell free to ask in the comments and I'll answer whatever I can.  BMW i3 Bottom Line:  $494/mo With No Money Down There has been a lot of speculation with regards to financ...

Will BMW's financing options put the i3 out of reach for many of its enthusiasts? There ha ve been many discussions on various websites since an internal BMW document surfaced that led to people to believe the BMW i3 lease terms in the US would be very high. One potential i3 buyer even has his local dealer ( Stevens Creek BMW) work up a lease quote using the information on the document. The i3 he built had a total price of $55,978.52. With very little money down the lease payment came out to be $930 per month. There were a couple things that led to this very high lease estimation and I thought it would be worth while to discuss them here. The proposed i3 lease was posted by insideevs.com First, the residual values on the document were very low, around 40%. Unfortunately this is basically in line with residual values of other electric cars and there are basically two reasons for it. First, electric cars are new to most people and there is a lot of uncertainty regarding what the...