Last post on Apr 20, 2013 at 6:10 PM
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Chevrolet Volt, Car Buying, Car Leasing, Sedan
#270 of 313 Re: How does this deal look? [mozzy21]
Jan 03, 2013 (10:33 pm)
That sounds like a great rate any seems like current deal is $299 on base 36mos.
How much more should I expect to pay for premium trim ($1395)
Im looking for 36mos 15k miles, with premium trim
getting quotes around $465 with 3000 down. I, new to leasing what do I need to know.
#271 of 313 Re: How does this deal look? [mozzy21]
Jan 04, 2013 (7:26 am)
Mozzy21, that is a good deal.. can you provide any other info that will help explain the low monthly rate? E.g. what was:
- Which incentives applied and how much they were
- Agreed selling price after incentives/promotions applied
- Lease APR
I ask because in my area, a very similar lease (3yr/36kmi) on similar vehicle was $465/mo (zero down), so I'm assuming the difference is in incentives/promotions or lease APR. Even if I put $2200 down like you, that would only lower my payment to around $400/mo.
#272 of 313 Maybe the lease rate?
Jan 04, 2013 (7:51 am)
I did my lease back in Sept.
Ally gave 1.1 % I believe we are about the same price on the lease.
BTW, you will love the car, I do!
#273 of 313 my 15k mile offer (in MA)
Jan 04, 2013 (8:46 am)
Yesterday, i was offered a 15k mile lease with $2599 down for $381/m. This would be my first lease. Does this sound about right or should i shop around more? Thanks so much
#274 of 313 January 2013 Lease #'s
Jan 09, 2013 (5:17 am)
Do you have the residual, money factor/rate, dealer cash, and dealer contribution for the current advertised lease on the Volt?
36mo, 12k miles/yr, $2419 down, $299/mo
#275 of 313 Current 2013 Lease Rates
Jan 09, 2013 (11:58 am)
Current lease rate for US Bank on a 36m 12k/yr Volt with Navi. Should be the same without Navi. Subtract 2% for 15k and add 1% for 10k.
1.32% or .00055 MF Residual of 44% + $7500
Current lease rate for Ally on the same term and mileage.
1.05% or .0004375 MF Residual of 58%
Both US Bank & Ally have $2820 lease incentive and there's also a GM $1000 Private Offer cash for current/previous GM owner. Ask your dealer to check your address if there's one in the database under your name/address.
There's a cap of $43805 on MSRP when figuring the residual. So if your Volt is $45k, the bank will only base the residual on $43805. This makes the MAX residual for all Volts at $26,774.20 In another word, for the best deal on a non base model, option your Volt as close to $43805 as possible.
#276 of 313 Re: Current 2013 Lease Rates [tschai]
Jan 10, 2013 (2:11 pm)
So if I'm looking at a 43850 msrp 36 mos 15k. 2300 due at signing what do you think a good monthly lease would be. Tax in my state is 6% on lease payments
#277 of 313 Re: Current 2013 Lease Rates [dpw1]
Jan 11, 2013 (5:44 am)
for sorta close comparison sake, this is what i got for a deal that i think i'll sign today:
$2700 down, 36m 15k miles for $399/m including sales tax of 6.25.
hope that helps.
#279 of 313 Re: 2013 Volt January Lease Terms [tschai]
by Car_man HOST
Jan 22, 2013 (5:39 pm)
Here you go tschai. Ally's January base lease rate and residual value for a 36-month lease of a 2013 Chevrolet Volt with navigation and 12,000 miles per year are 1.05% and 58%.
General Motors is providing a $2,820 cash incentive on leases of this car through Ally.
Prices Paid: Buying & Leasing Experiences Forum