Last post on Nov 14, 2013 at 12:00 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Chevrolet Volt, Car Buying, Car Leasing, Sedan
#474 of 482 Re: 2013 Chevy Volt Lease [sicom007]
by Michaell@Edmunds HOST
Nov 05, 2013 (10:09 pm)
Please do not post contact information for dealerships. Post deleted that contained this information.
Host, Prices Paid
#475 of 482 Lease Rates November 2014
Nov 06, 2013 (1:44 pm)
I am interested in leasing a loaded Volt MSRP of $40,600.
I have GM employee and a Current GM Lease.
I am trying to figure out the payments for a 24 month 10k/year lease.
Can these be had for relatively cheap?
What rebates am I eligible for?
Your help is appreciated.
#476 of 482 2014 volt lease quote
Nov 09, 2013 (9:40 pm)
Numbers I was given with the premium package and safety 1 in NJ
$32950 dealer discount. She wouldn't tell me what that included but I'm assuming the $1000 conquest is in there
Residual is $21484
Can anyone backwards calculate that to see what the residual is, and if it's legit?
She tells me if I wanted 12k miles, 350 a month it's 2300 down. $0 doe. Which is what I want she had me over 400. Tell me this way too high right?
#477 of 482 Re: 2014 volt lease quote [mikers1981]
by kyfdx@Edmunds HOST
Nov 10, 2013 (10:15 am)
That's 58%, which is correct for 36mo, 12K/yr lease
#478 of 482 Re: 2014 volt lease quote [mikers1981]
Nov 10, 2013 (12:19 pm)
You should ask for the details about
• Lease incentive
• Capitalized Cost Reduction
• Adjusted Net Cap cost
• Residual value
Sales tax %
and you can use the excel sheet I reference in my post above (#471)
If I plug your numbers assuming that
1.07% APR (you really need to find out what the APR is on the lease)
32950 is the MSRP - dealer discount - lease incentive
a lease fee of $600
a sales tax of 6.5%
To get to $350 including tax with $2300 down, it means about $1200 of upfront cost which is normal.
But you need to clarify the lease incentive to be sure of the dealer discount. If the lease incentive is around 2400 that would mean an actual dealer discount of only $1690 (4.6%) which is not great you should expect something like 7/8%
#479 of 482 2014 Lease Deal
Nov 12, 2013 (6:34 pm)
I was quoted a base 2014 Volt $34,995 sticker price with lease as follows:
Is this a good deal?
#480 of 482 Re: 2014 Lease Deal [ktg206]
Nov 12, 2013 (7:56 pm)
yesterday I was quoted by two dealers of different prices.
$900.00 Drive off after state rebate
$259 a month base payment
4000. 12k miles a year 199 plus tax
These are both base models
#481 of 482 Re: 2014 Lease Deal [acurabuyer1]
Nov 14, 2013 (5:12 am)
Ended up raising mileage to 12,000. Closed deal for $290 per month including tax, no money down 39 month lease. Included first payment in no money down, so 38 actual payments. This was done in Ohio.
#482 of 482 Re: 2014 Lease Deal [ktg206]
Nov 14, 2013 (12:00 pm)
Thanks for the info. Appreciate the details.
The one that I am being quoted is 220 with 4k down (1500 credit from state).
So if I split the remaining 2500 to 36 months it comes around the same price.