Chevrolet Volt Lease Questions

316 messages,  Last post on May 25, 2013 at 2:00 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? Chevrolet Volt, Car Buying, Car Leasing, Sedan

    

#124 of 316 2012 Volt by smstroben

Aug 12, 2012 (12:33 pm)

Just leased a 2012 Volt thru Ally from Bob Stall Chevrolet in La Mesa, CA.
Audio System w/ Navigation, Primium Trim PKG, Rear Camera & Park Assist, Bose Speaker System, Front Window Shade, & Cargo Net.
MSRP $44,745.00. Agreed price of $40995.27. 39 month lease / 12,000 miles per year. Down payment of $1,522.60. Residual value is $26,399.55. Monthly payment is $327.86 including taxes.
 
I also got a quote on a 2013 base model with an MSRP of $39,145. It was approx $450/month.

#125 of 316 Re: 2012 Volt [smstroben] by dunno2

Aug 14, 2012 (10:34 pm)

Replying to: smstroben (Aug 12, 2012 12:33 pm)
I just got a quote on a 2012 with all the trimmings...
 
Msrp 45,630, 57% residual (26,009), 1%, 36mo. The selling price is 44,048, capped fees of 875. The rebate of 5,045 reduces the price to 39,878. Drive off of 1705. This lease has 15,000 miles, the monthly rate is $450 inc tax ( Orange County, CA).
 
An 18k mile option is $490/mo.
 
What do you think?

#126 of 316 Re: 2012 Volt [dunno2] by alonzov1

Aug 14, 2012 (11:28 pm)

Replying to: dunno2 (Aug 14, 2012 10:34 pm)
Ran away as fast as you can ... Yo could get close to $100/month less than the payments you are posting. Check this forum, lots of good info on pricing/deals .
 
http://gm-volt.com/forum/forumdisplay.php?24-Buying-Leasing

#127 of 316 Re: 2012 Volt [dunno2] by peterindb

Aug 15, 2012 (12:51 pm)

Replying to: dunno2 (Aug 14, 2012 10:34 pm)
The dealer can do way better than that.
 
With the fed tax credit they can kick the residual up above 60% easy. The fact that they need to get rid of the 2012 model should be motivation for them to go down on the monthly payments even more.
 
Hope you're getting the HOV-lane qualifying model.
 
Peter

#128 of 316 Help with lease? by kartdad

Aug 18, 2012 (3:11 pm)

Seeing the $249 lease deal up here in Seattle area. I have never leased before but that is attractive deal. Although I know the payment does not include license or tax. Isnit reasonable to get a lease for $350/mo or less? Would like to put less than $2000 down and get 15k a year with miles. 24 mos is fine but would also go as long as 36.
 
Is the $5045 rebate only apply in California? I know there is the $7500 govt tax break.
 
Any insight from people that have leased in this area of the country would be appreciated!

#129 of 316 one pay by dinoman

Aug 19, 2012 (10:26 pm)

Local chicago dealer offered $7000 one pay for 24 months/ 10k miles per year. Is this a good deal?
msrp=44k

#130 of 316 Real numbers by kartdad

Aug 20, 2012 (10:20 am)

So I just left a local dealer.
On a base model, no options, price was right around $39,500.
Payment with $1000 down for 24 months and 12k miles/year was $389 including all taxes, etc.
 
Residual was around $26,700....but they also added $552 tax on the lease cash. What does that mean? The lease rebate is $5700 and the salesman said I would have to pay tax on that! I thought the lease rebate just was applied to the selling price of the car...just like if I was purchasing it? Why would I have to pay tax?
 
That would lower the payment at least $25 a month without having to pay the additional $552 over the course of 24 months.
 
And they also had the doc fee of $150 included, which I have never, ever paid when buying a vehicle...that just extra cash for the dealer.
 
I told them if they could get to $330 a month with $1000 out of my pocket I would sign up. Still have another dealer to shop to see what they can do.
Thoughts?

#131 of 316 Re: Real numbers [kartdad] by kartdad

Aug 20, 2012 (2:53 pm)

Replying to: kartdad (Aug 20, 2012 10:20 am)
Went to another dealer. Base 2012 with backup camera and chrome wheels. Best quote so far is $337 a month, $1000 down, and 27 month term. 12k miles a year.
 
How does that compare to others out there?

#132 of 316 Pulled the trigger! by kartdad

Aug 20, 2012 (7:24 pm)

Well, I went for it. Best offer by my local dealer was $325 a month including all taxes, etc. for 12k miles a year and 27 mos. I reconfigured how much I drive and called him back and asked how much extra 15k miles a year would be. Only $16 extra per month!!!! So $341 for 15k miles and 27 mos. Only $1000 out of my pocket. Felt like that was pretty good deal.
 
It's only a base model. I didn't need nav or leather.
 
Solid deal?

#133 of 316 Re: Pulled the trigger! [kartdad] by gmcustsvcsarah

Aug 21, 2012 (7:34 am)

Replying to: kartdad (Aug 20, 2012 7:24 pm)
A huge congratulations to you, kartdad! Welcome to Chevrolet and we wish you many happy, green miles ahead!
Sarah, GM Customer Service
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