Last post on Apr 20, 2013 at 6:10 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Chevrolet Volt, Car Buying, Car Leasing, Sedan
#227 of 313 Re: Looking to Lease Today or Tommorow [icemanbryan]
Nov 19, 2012 (8:19 am)
icemanbryan, enjoy the car.
#228 of 313 Re: Should I take this lease offer? [bromion]
Nov 19, 2012 (9:52 am)
I got the offer from Keyes Chevy in Van Nuys, CA. I actually picked up a new Volt yesterday. It is fully loaded, including the metallic paint and black rims, and has an MSRP of just over $45,000. They wouldn't go any lower than their original offer (the one I originally quoted in my first post), but no other dealer would match their offer. So I took what they offered me. I paid $1,500 in total drive off at time of signing. This included the first month's payment. It is a 36 month lease, 12K per year. So I have 35 payments of $379 plus tax per month. And in CA, I will get the $1,500 back from the CA state rebate.
I highly recommend Keyes. They were very professional, with no hard sale tactics.
#229 of 313 To whose advantage is it to put money down on a lease?
Nov 19, 2012 (10:49 am)
Putting $3K down on a lease goes against everything I have ever read or thought about leasing a car.
#230 of 313 Re: Should I take this lease offer? [joebruin77]
Nov 19, 2012 (12:19 pm)
Amazing. I was also dealing with Keyes. I went in this weekend and tried to lease the identical car. We negotiated around and got to $457 per month (inc tax) with $2100 drive-off, 15kmi, 36 months. 12kmi makes a difference, but I don't think a $50/month difference.
Actually, I was close to getting around $430/month inc tax, which was in the range of reasonable for me, but then they tanked my trade-in. So that killed the deal.
#231 of 313 Re: Should I take this lease offer? [bromion]
Nov 19, 2012 (12:24 pm)
Actually, I may have a good option for you that can save your deal. There is a Carmax used car dealership in Burbank. You can take the car you wanted to trade in to Carmax. They will buy it off you, even if you do not buy a car from them. When I sold my wife's Subaru, the guy buying it didn't know how to get rid of his old car. A dealer offered him about $3,500 for his car. He went to Carmax and they offered him $8,000. He actually gave me an extra $500 just to thank me for suggesting Carmax.
BTW, I eventually sold my wife's Subaru for $21,500. Carmax had offered me $20,000 for it, so what they offer is actually pretty fair. It's definitely a lot better than what the dealer will offer you on a trade in.
#232 of 313 Re: Should I take this lease offer? [joebruin77]
Nov 19, 2012 (12:29 pm)
Thanks. I'll try Carmax, but I am doubtful I'll get close to what I owe on it. I'm looking to take no more than a $2000 loss. Can't hurt to try tho!
#233 of 313 Re: Should I take this lease offer? [bromion]
Nov 19, 2012 (2:18 pm)
Good luck with Carmax. Let us know what they offered you. I am curious if they are still giving decent offers.
#234 of 313 Re: Cost reductions? [bromion]
by Car_man HOST
Nov 19, 2012 (6:22 pm)
Hey bromion. Negotiate the lowest possible pre-incentive selling price that you can for the Volt and then have the dealer subtract the $2,420 from that. The incentive is completely funded by General Motors, not dealers.
Prices Paid: Buying & Leasing Experiences Forum
#235 of 313 Re: Cost reductions? [Car_man]
Nov 19, 2012 (7:22 pm)
Gotcha. I did notice this $2420 in the lease write-ups I looked at recently. Alas, still not enough to bring down lease prices to where they were a month or two ago.
Nov 22, 2012 (1:15 pm)
Got deal in northern cal
Loaded 44k msrp 1095 oop
420 per month incl tax 12k per year 36 mo
Decent not best but had the car I wanted