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Chevrolet Volt Lease Questions

313 messages,  Last post on Apr 20, 2013 at 6:10 PM

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

    

Messages Page 31 of 32

#300 of 313 Northern CA Volt lease - high residual? by waterman9

Mar 09, 2013 (2:02 am)

We negotiated a 1k total drive off and $358 / mo including tax for a 15k/yr 3 yr lease on a Silver Topaz with leather package and safety 1. No other fees, no disposition, no buyout fee above purchase price. We're happy with those numbers. The buyout number, however, is $30k. Salesperson claims this is through USBank. Should we worry about buyout number, i.e. I'm assuming this can be renegotiated at the end, especially if we're willing to walk away at the end of the lease. This is my first time leasing; I've always purchased in the past.
 
Also, was surprised to learn that Nav wasn't necessary on this lease because it comes with 3 years free onstar, which includes Nav. This is free nav for the entire 3 year lease (great for when smart phone is already in use)
 
Any thoughts on this deal?

#301 of 313 Re: current MF/residual - 24 months - Illinois? [deaddog] by Car_man HOST

Mar 11, 2013 (4:03 pm)

Replying to: deaddog (Mar 05, 2013 5:13 pm)
Good question, deaddog. No the cash incentive that is available on leases is not available on purchases...however General Motors is providing a $2,000 cash incentive on this car to consumers who finance it through Ally at 0% for up to 6 years. That's a very attractive offer.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#302 of 313 Re: Northern CA Volt lease - high residual? [waterman9] by joncab5

Mar 11, 2013 (9:23 pm)

Replying to: waterman9 (Mar 09, 2013 2:02 am)
You have a great deal. Dont forget to get the $1,500 California Clean Care Rebate.
 
I leased one too and who cares what the residual will be as this car is not worth owning as in three years the technology should hopefully be better. I love my Volt....and it was done through Ally Bank.

#303 of 313 Re: Northern CA Volt lease - high residual? [waterman9] by datanmotion

Mar 12, 2013 (11:40 pm)

Replying to: waterman9 (Mar 09, 2013 2:02 am)
waterman9 - I've been looking for just this sort of deal and knew that it could be had elsewhere (friend of friend got even better deal some time ago), but I'm in Hawaii and discovering the rules here may differ from he mainland. For example, taxes on leases are treated differently and less favorably here. We'd pay a use tax on the cap cost of car, not on the lease payment. At least that's my understanding.
 
Considering the markup I've seen here, one option is to purchase/lease the car in Cali and ship to Hawaii (c. $1100). So far it looks like HI prices would more than make up the difference and I could use a mainland trip for business as well.
 
I would certainly be interested in talking to the dealer, or (aimed at other readers) any other dealers that are willing to take a similar offer.
 
Mahalo!

#304 of 313 conquest cash? by gregdole7

Mar 13, 2013 (9:54 am)

Carman or others,
 
Can you verify if there is $1k in conquest cash on volt leases or purchases?
 
Thanks

#305 of 313 Cash on the Volt by deaddog

Mar 13, 2013 (10:07 am)

There must be significant rebates out there that are not being disclosed - I have two dealers offering below $38,500 on cars with msrp of 44,545 using the 0%/48 mos -- both in Illinois.

#306 of 313 Re: Cash on the Volt [deaddog] by gregdole7

Mar 13, 2013 (10:31 am)

Replying to: deaddog (Mar 13, 2013 10:07 am)
Interesting, deaddog, I can't get to that number even calculating 3% holdback.
 
Is there some sort of state incentive in IL the deal could be adding in?

#307 of 313 Re: conquest cash? [gregdole7] by Car_man HOST

Mar 24, 2013 (7:35 am)

Replying to: gregdole7 (Mar 13, 2013 9:54 am)
Hi gregdole7. General Motors is providing $1,000 conquest cash on the 2013 Chevrolet Volt right now, but it is only to people who are currently leasing a non-GM vehicle. It does not apply to people who own or are financing their cars.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#308 of 313 Re: Cash on the Volt [deaddog] by Car_man HOST

Mar 24, 2013 (7:36 am)

Replying to: deaddog (Mar 13, 2013 10:07 am)
I think that GM is providing an extremely attractive 0% financing for up to 6 years plus a $2,000 cash incentive on the '13 Volt right now.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#309 of 313 2013 Volt Lease - Dazed and Confused by volt_confused

Mar 24, 2013 (10:59 am)

Hi! I have read all the post from the past 2 months on the Volt. We are building out a new 2013 Volt as the dealership doesn't have what we want. Being concenrned about the changes in technology we were wanting a 24 month lease verses a cash purchase. But never having leased before, not sure how to handle negitiations when we go back to sign order, or what lease variables we should be considering.
 
Since we are new to the EV driving should we reduce the $895 NAV option and others to get the the max CAP rate mentioned? We are not planning on buying this lease out at end.
 
Dealer has negitiated price to $41036 plus TTL. We want We are currently offered the following:
 
2013 Volt $44,170*
MSRP1 from $39,145
Destination Freight Charge $850
Options
17" 5-spoke polished aluminum wheels $595
Premium Trim Package Remove $1,395
Enhanced Safety Package 1 Remove $575
Chevrolet® MyLinkTM radio with navigation $895
Premium Bose® Energy Efficient Series sound system Remove $495
Premium all-weather floor mats (Dealer-installed) Remove $110
All-weather cargo mat (Dealer-installed) Remove $110
Options Total $4,175
Total MSRP $44,170
Price $44,170*

Messages Page 31 of 32

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