Chevrolet Volt Lease Questions

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

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

    

#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!

#312 of 315 Re: Chevy lease [neerajsood] by freeman3

Apr 20, 2013 (5:57 pm)

Replying to: neerajsood (Dec 07, 2012 11:44 pm)
Not a bad deal. I leased a volt in San Diego for 39 months/12k miles, $284/month tax and everything included, $3000 down. Got my $1500 california rebate back so esentially $1500 down. I love it!!

#313 of 315 Re: Chevy lease [freeman3] by andresf2013

Apr 20, 2013 (6:10 pm)

Replying to: freeman3 (Apr 20, 2013 5:57 pm)
I actually ended up leasing from another North California dealer (Putnam).
 
$398/mo (includes lease return insurance for any excess wear/tear)
36 months, 12K per year
No money down
MSRP of the car $42K (Premium with polished wheels)
 
Have been enjoying 95% gas free driving for 2 weeks now. Just finished self-install of Voltec charging station.
 
Good luck!

#314 of 315 2013 Chevy Volt by couchman57

May 22, 2013 (10:44 am)

Car_Man: I come to you again to review options for a loaded `13 Chevy Volt with an MSRP of $46,040 loaded with every available option including special white paint, nav, leather, rear-view camera, polished wheels. Looking to calculate a monthly lease payment with the following info:
 
> Money Factor
> Residual
> Discount off of MSRP
> 45k miles
> 36 months
> No $$ down
> Tag, title, dealer fees: $1k
 
There bigger question/issue is application of the $7,500 tax credit and how it applies to a lease in Georgia, if at all.
 
As always, thank you for your help and any additional negotiation points that I could use with this vehicle is appreciated.
 
- Couchman57

#315 of 315 Re: Chevy lease [freeman3] by dutko

May 22, 2013 (6:14 pm)

Replying to: freeman3 (Apr 20, 2013 5:57 pm)
I'm about to lease one in LA. What kind of rebate are you talking about?
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