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Chevrolet Volt Lease Questions

315 messages,  Last post on May 22, 2013 at 6:14 PM

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

    

Messages Page 32 of 33

#302 of 315 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 315 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 315 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 315 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 315 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 315 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 315 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 315 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*

#310 of 315 Re: 2013 Volt Lease - Dazed and Confused [volt_confused] by Car_man HOST

Mar 24, 2013 (2:17 pm)

Replying to: volt_confused (Mar 24, 2013 10:59 am)
Hi volt_confused. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
 
I just looked at the available lease programs on the 2013 Volt and I don't think that GM is offering special leases on 24-month leases of it, only 36-month terms. If you want to lease one, you're probably going to have to go with a 3-year lease.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#311 of 315 2013 Volt Lease - Advert fees in North CA by andresf2013

Mar 30, 2013 (4:23 pm)

Replying to: Car_man (Mar 24, 2013 2:17 pm)
Hi,
 
Looking to lease 2013 volt soon and worked with a local dealer recently on the following deal (was wondering if someone can do a sanity check on that):
 
MSRP - $44,120
36mo, 36k
MF - .00044 (1.1%)
No cap reduction (no money down)
Car offer price - $41,658
Residual - 59% (is this right for 12k/y 36mo currently?)
 
Dealer's offer: $444/mo (my numbers come to $419 or so)
 
Does anyone know other fees charged by dealer? Document fee is $80, I believe, there is lease acquisition fee of $595 (I think), plus tax and registration fees.
 
Dealer claims 2 advertising fees are due in North CA each is $421 (so total $842), sounds strange to me, but I'm not familiar with Chevy leasing. If I add $842 to my calculations, I can see how dealer came to $444/mo. This of course includes incentive of $2,820
 
Any feedback on the deal and current leasing conditions would be appreciated.
 
Thanks!

Messages Page 32 of 33

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