313 messages,
Last post on Apr 20, 2013 at 6:10 PM
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Chevrolet Volt, Car Buying, Car Leasing, Sedan
#274 of 313 January 2013 Lease #'s
by heb80
Jan 09, 2013 (5:17 am)
Carman,
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
Thanks.
#275 of 313 Current 2013 Lease Rates
by tschai
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]
by dpw1
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]
by dphillipsjr
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.
Car_man
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#280 of 313 Re: my 15k mile offer (in MA) [dphillipsjr]
by Car_man HOST
Jan 22, 2013 (5:40 pm)
Hi dphillipsjr. It would be easier for us to evaluate this deal if you were able to provide us with this car's MSRP and selling price. These numbers would show us how large a dealer discount you are being given and in turn if there is any room left to negotiate.
Car_man
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#281 of 313 Re: January 2013 Lease #'s [heb80]
by Car_man HOST
Jan 22, 2013 (5:41 pm)
Hi heb80. Ally's January base lease rate and residual value for a 36-month lease of a 2013 Chevrolet Volt without navigation with 12,000 miles per year are 1.05% and 59%.
GM is currently providing a $2,820 cash incentive on leases of this car through Ally.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#282 of 313 January 2013 Volt Lease Numbers?
by cad14
Jan 24, 2013 (10:25 pm)
Looking to lease 2013 Volt with following options:
Premium trim Package
Comfort Package
Enhanced safety Package #1 and #2
Navigation
MSRP: $44225
36month with 10k a year. (Orange County, CA)
What will be the best
Money factor and residual for this car? Best selling price if possible?
Thanks.
#283 of 313 RE:Looking to lease 2013 Volt with following options:
by benrey23
Jan 26, 2013 (9:55 pm)
Money factor a A+ credit score through Ally starts at 1.05% or .0004375 and up depending on credit. Residual value on that car would be about $25,650 regardless of price paid.
There is an incentive from Chevrolet for 36 month lease of 2870. The 7500 tax credit from the US Gov goes to Ally. The give it to you in a raised residual which lowers the payment. Highly doubtful you will want to buy at end of lease unless the market value in equal or greater than the residual value. I would say 1,000 discount plus the chevy incentive called CCR is sufficient for price, and a rate of 1.05 to 4 would be fair depending on credit. Good luck and have fun. It is a great car.