Another one - how far out on yearly mileage will dealers typically go on these ev leases?
Current New Vehicle Market
- Thread starter 13COBRA
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Up to like 24k or so per year.
Should I check my local ZIP Code for that info – does it go by region like other incentives do sometimes?
It just goes by what you want the payment to be. With the rebates, you aren't required to put any money down.
Yeah. It just depends. I trade all over the country, but some dealers don't for whatever reason.
Thank you, lol when I heard it mentioned about the cost of a phone bill, my ears perked up. I’m not really sure it’s a practical vehicle for me, but I’m still interested to find out. Also, one last thing, how are the insurance premiums on these things? Another answer for me to find out on my own of course, but just curious.
Since I have no EV experience, the real question is, in general, are the premiums higher?
About average. Nothing way expensive or way cheap. Some carriers won't cover them though.
Another thing to find out on my own. I appreciate the short answer though. Thanks for your time and the info.
I'd still be interested in an EV lease that gets me 15k miles per year, nothing down, under $275 a month... I'd sign right now just to keep the miles off my truck.
You won't get that.
Damnit... let me know if it becomes possible please. A man can dream.
I read where Mazda had informed its dealer network that prices may rise.
International automakers are scrambling to get their vehicles and components into the US before President Donald Trump’s next round of tariffs take effect early next month, the Financial Times protected Sunday, citing industry officials.
According to the report, the officials said cargo ships have been sent to Europe and Asia to transport “thousands” of more vehicles to the US than normal.
Vehicle shipping line Wallenius Wilhelmsen CEO Lasse Kristofferson was quoted as saying there was “more volume out of Asia than we’re able to take from our customers.”
He reportedly said the line had added capacity to handle the higher demand, but the shortage of car-carrer ships has limited the increase in capacity.
Trump has said that ‘reciprocal’ tariffs would be levied against US trading partners on April 2, which is the same day that Canadian and Mexican imports are to face 25% tariffs.
Another shipping executive reportedly told FT that South Korean carmakers Hyundai Motor (OTCPK:HYMTF) and Kia were among the companies trying to beat the new tariffs, while an official at a German car company was quoted as saying it was shipping more vehicles to the US.
FT said the vehicle shipments from the EU to the US rose 22% last month from the year. Shipments from Japan were 14% higher, while South Korean shipments rose 15%.
The report said Honda Motor (NYSE:HMC) is trying to move vehicles and components to the US from Mexico and Canada, and that Stellantis (NYSE:STLA) said it’s moving its stocks to its factories in the US.
Honda, Stellantis, Hyundai, and Kia did not immediately respond to requests for comment by Seeking Alpha.
Carmakers rushing to get vehicles, components to US before new tariffs: report
Mar. 23, 2025 11:09 AM ETHonda Motor Co., Ltd. (HMC) Stock, STLA Stock, HYMTF StockBy: Rob Johnson, SA News EditorInternational automakers are scrambling to get their vehicles and components into the US before President Donald Trump’s next round of tariffs take effect early next month, the Financial Times protected Sunday, citing industry officials.
According to the report, the officials said cargo ships have been sent to Europe and Asia to transport “thousands” of more vehicles to the US than normal.
Vehicle shipping line Wallenius Wilhelmsen CEO Lasse Kristofferson was quoted as saying there was “more volume out of Asia than we’re able to take from our customers.”
He reportedly said the line had added capacity to handle the higher demand, but the shortage of car-carrer ships has limited the increase in capacity.
Trump has said that ‘reciprocal’ tariffs would be levied against US trading partners on April 2, which is the same day that Canadian and Mexican imports are to face 25% tariffs.
Another shipping executive reportedly told FT that South Korean carmakers Hyundai Motor (OTCPK:HYMTF) and Kia were among the companies trying to beat the new tariffs, while an official at a German car company was quoted as saying it was shipping more vehicles to the US.
FT said the vehicle shipments from the EU to the US rose 22% last month from the year. Shipments from Japan were 14% higher, while South Korean shipments rose 15%.
The report said Honda Motor (NYSE:HMC) is trying to move vehicles and components to the US from Mexico and Canada, and that Stellantis (NYSE:STLA) said it’s moving its stocks to its factories in the US.
Honda, Stellantis, Hyundai, and Kia did not immediately respond to requests for comment by Seeking Alpha.
If you want an M3, don't wait.
Roughly a dozen foreign-made luxury vehicles, including the popular BMW (OTC:BMWKY) (OTCPK:BAMXF) 3 Series, have been caught in the crossfire of a trade conflict sparked by President Donald Trump, The Wall Street Journal reported on Sunday.
Although many automakers received temporary relief from 25% tariffs introduced earlier this month, some models, like the 3 Series built in Mexico, didn’t meet the updated criteria outlined in the U.S.-Mexico-Canada Agreement and are now facing the full brunt of the levy.
Previously, imports of the BMW (OTC:BMWKY) (OTCPK:BAMXF) 3 Series to the U.S. carried only a 2.5% tariff. That rate has now soared to 27.5%, potentially increasing the price of the roughly $47,000 sedan by more than $10,000. For the time being, BMW’s (OTC:BMWKY) (OTCPK:BAMXF) North American division informed dealers that it would absorb the added costs, shielding customers from price hikes until May 1.
The 3 Series was once BMW’s (OTC:BMWKY) (OTCPK:BAMXF) best-selling model, accounting for more than 40% of its total sales before SUVs became more dominant. In 2019, BMW invested more than $1 billion in a Mexican manufacturing facility dedicated to the 3 Series. When the USMCA took effect in 2020, it brought new rules requiring a greater percentage of parts to originate from North America, complicating compliance for some models.
Last year, BMW (OTC:BMWKY) (OTCPK:BAMXF) shipped approximately 150,000 vehicles from the European Union to the U.S., including some German-made 3 Series units. However, the company remains vulnerable to further tariffs targeting EU imports, which Trump has threatened to implement.
The financial effect is already being felt. BMW (OTC:BMWKY) (OTCPK:BAMXF) recently estimated that the new tariffs could reduce its annual earnings by about $1 billion. The automaker is now considering shifting more production to North America to better align with trade requirements.
When the new tariffs were temporarily postponed for most automakers until April 2, about a dozen vehicle models — totaling roughly 300,000 U.S. sales last year — remained subject to the full tariff. That figure accounts for around 2% of total U.S. vehicle sales, according to industry estimates.
The EX30 was already subject to a 100% tariff on Chinese-made EVs under a Biden administration policy. Now, it faces the additional 20% tax. A Volvo spokesperson told the Journal that the company plans to begin importing some vehicles from a Belgian factory later this year to avoid the Chinese tariffs. However, there’s concern that Europe may be the next target of Trump’s tariff proposals.
Lotus Technology (NASDAQ:LOT), which operates under the historic British sports car brand but is now based in China, has factored the tariff into the U.S. pricing of its $230,000 electric SUV, a spokesperson told the Journal.
Luxury cars face biggest challenges from Trump's tariffs, WSJ reports
Mar. 23, 2025 10:33 AM ETGeneral Motors Company (GM) Stock, F Stock, LOT Stock, GELYF Stock, GELYY Stock, BAMXF Stock, BMWKY StockBy: Rob Williams, SA News EditorRoughly a dozen foreign-made luxury vehicles, including the popular BMW (OTC:BMWKY) (OTCPK:BAMXF) 3 Series, have been caught in the crossfire of a trade conflict sparked by President Donald Trump, The Wall Street Journal reported on Sunday.
Although many automakers received temporary relief from 25% tariffs introduced earlier this month, some models, like the 3 Series built in Mexico, didn’t meet the updated criteria outlined in the U.S.-Mexico-Canada Agreement and are now facing the full brunt of the levy.
Previously, imports of the BMW (OTC:BMWKY) (OTCPK:BAMXF) 3 Series to the U.S. carried only a 2.5% tariff. That rate has now soared to 27.5%, potentially increasing the price of the roughly $47,000 sedan by more than $10,000. For the time being, BMW’s (OTC:BMWKY) (OTCPK:BAMXF) North American division informed dealers that it would absorb the added costs, shielding customers from price hikes until May 1.
The 3 Series was once BMW’s (OTC:BMWKY) (OTCPK:BAMXF) best-selling model, accounting for more than 40% of its total sales before SUVs became more dominant. In 2019, BMW invested more than $1 billion in a Mexican manufacturing facility dedicated to the 3 Series. When the USMCA took effect in 2020, it brought new rules requiring a greater percentage of parts to originate from North America, complicating compliance for some models.
Supply-chain strategy
BMW (OTC:BMWKY) (OTCPK:BAMXF) declined to comment to the Journal on whether it would modify its manufacturing or import strategy. While the company operates a large SUV-focused plant in Spartanburg, South Carolina, analysts like Stephen Reitman from Bernstein said there's likely insufficient capacity to move 3 Series production there. Another alternative could be sourcing the model from Germany.Last year, BMW (OTC:BMWKY) (OTCPK:BAMXF) shipped approximately 150,000 vehicles from the European Union to the U.S., including some German-made 3 Series units. However, the company remains vulnerable to further tariffs targeting EU imports, which Trump has threatened to implement.
The financial effect is already being felt. BMW (OTC:BMWKY) (OTCPK:BAMXF) recently estimated that the new tariffs could reduce its annual earnings by about $1 billion. The automaker is now considering shifting more production to North America to better align with trade requirements.
Audi faces similar challenges
Audi, another luxury carmaker affected by the 25% tariff, is facing similar issues. Its Q5 SUV, assembled in Mexico and priced in the mid-$40,000s, is its top-selling model in the U.S., representing nearly a third of its American sales. An Audi representative told the Journal that the company is reviewing its options. Separately, Audi also announced plans to reduce its workforce by 7,500 positions in the next several years to cut costs and improve efficiency.When the new tariffs were temporarily postponed for most automakers until April 2, about a dozen vehicle models — totaling roughly 300,000 U.S. sales last year — remained subject to the full tariff. That figure accounts for around 2% of total U.S. vehicle sales, according to industry estimates.
Volvo’s tariffs already were high
Luxury and premium vehicle brands appear to be absorbing a disproportionate share of the tariff burden. In addition to the Mexico-Canada measures, a separate 20% tariff on Chinese imports, introduced in phases, has affected other manufacturers like Volvo. The Swedish brand, now owned by China’s Geely (OTCPK:GELYF) (OTCPK:GELYY), imports vehicles such as the S90 sedan and EX30 electric model from China.The EX30 was already subject to a 100% tariff on Chinese-made EVs under a Biden administration policy. Now, it faces the additional 20% tax. A Volvo spokesperson told the Journal that the company plans to begin importing some vehicles from a Belgian factory later this year to avoid the Chinese tariffs. However, there’s concern that Europe may be the next target of Trump’s tariff proposals.
Lotus Technology (NASDAQ:LOT), which operates under the historic British sports car brand but is now based in China, has factored the tariff into the U.S. pricing of its $230,000 electric SUV, a spokesperson told the Journal.
U.S. automakers also caught
American automakers haven’t been spared either. Ford (NYSE:F) and General Motors (NYSE:GM) have both relied on Chinese imports to support their luxury lines. Ford’s Lincoln Nautilus, assembled in China, recently made up about one-third of the brand’s U.S. sales. Similarly, GM's Buick Envision, also imported from China, accounted for about a quarter of its sales. While Ford declined to comment to the Journal, GM said the tariffs on Chinese imports don’t significantly affect its financial performance.
please do and report back with towing range
If you want an ugly M3, don't wait
FIFY
FIFY
To each their own.
Already done that. It's abysmal. Towing about 5,000 lbs in the the South Carolina summer cut its range by more than half.
A nicer fast AWD kid hauler hard to imagine.
I had 2 M3s when they weren‘t fugly. We’ll never agree on this, I’m sure…
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