Last post on Nov 14, 2013 at 12:00 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Chevrolet Volt, Car Buying, Car Leasing, Sedan
#401 of 482 Capitol Chevrolet Failed!
Sep 02, 2013 (12:05 pm)
I almost had a deal working with Capitol Chevy on a fully loaded 2013 Black Volt. How I hate these dealerships. Final sale price was $34,685 on an MSRP of $44,605. Their money factor was 0.00106 until I walked away and they got it to what everyone in the Bay area is reporting 0.00055. They sent a written proposal via email
$2399 down, 10k/year. $26580 residual.
I am about to close the deal and then their GM overrules the deal and raises the money factor to 0.00086. My monthly payments including tax go from $287.15 to $310 just because he said so.
I voided the deal. They can keep the Volt No wonder they have the largest Volt inventory in the Bay area. They can't sell any. Tesla, here I come.
#402 of 482 keep trying
Sep 03, 2013 (7:45 am)
Our past experience showed us that Chevy dealers, in general, have very little interest in moving these cars.
We tried last fall to lease one, and contacted 5-6 dealers. Many times, our inquiries were not responded to at all despite the fact that we are highly qualified customers. In one case, the dealer agreed to the deal over the phone, and as we got in the car to sign, called back and said he changed his mind. Unbelievable.
Because there are so many Chevy dealers, I would recommend that you stick with it and just keep moving on until you find the right dealer. Our latest experience with Coughlin was more like the experience I am accustomed to at a Lexus dealer – low pressure, straight dealing, and genuinely wanting to sell/lease us the car. That experience stands in stark contrast to every other one we had with every other Chevy dealer.
Sep 03, 2013 (8:23 am)
Great forum! My first deal is from Dave Smith in Idaho (would have to fly to Spokane). Local deals not so good, however.
For the base model: 15k, $3000 down and $266 per month for 36 months. Burien Chevrolet south of Seattle indicated on phone they would match that price, but I'm wondering now if I can do better. Best deals here, out of pocket, are about $10800 or so for 3 year lease, and these are with some upgrades--one with 12k miles instead of 15. Should I keep shopping? I want a good deal and like the Volt but don't want to nickel and dime it to death! Thanks for input.
Sep 03, 2013 (10:03 am)
$3,000 down equates to about $83/mo (w/o interest), so you are paying $349/mo on a 36 mo/15K lease.
Compare to the fact we just did $302.88/mo w/ $0 down on a 36mo/15K lease... on a $41,390 Volt.
I would think you could do better, but I don't know the equipment level you are looking at for comparison.
#405 of 482 Re: duktruen [b3nd3r]
Sep 03, 2013 (12:17 pm)
Thanks b3nd3r, safety package one would be nice -- so we'd be looking at the same Volt. Our deal thus far was on the standard $39,995 model. We couldn't get the extra rebate for previous lease that you did...tax here in WA state is similar, 8.9%, so that puts us about $2,000 away from your deal, give or take a little? Sounds like we should keep shopping.
#406 of 482 Re: for reference (our deal this holiday weekend) [b3nd3r]
Sep 03, 2013 (2:21 pm)
b3nd3r - You got a terrific deal.
I am about to close the deal on a 2013 volt. Fully loaded with MSRP of $44,060. Lease: 36 months, 15k miles annually, $3,000 down, Ally smartlease $850 (don't know whether its worth it). Dealer is asking for $350 per month.
I don't think that I will be able to get your kind of deal. But can try to get something closer.
Considering I am putting in an extra $2650 down - for ease of calculation sake let's presume that it goes towards the extra options in this car. ($44,060 this car - $41,390 your car = $2,670)
I think I will try to negotiate the price by atleast $1000 (that's $27 per month for 36 months).
Can you give your opinion on this Ally Smart lease program? Is it worth $850. If not what's a good price for that?
#407 of 482 Re: duktruen [duktruen]
Sep 03, 2013 (3:36 pm)
Your math seems about right. I think there's more room in that deal, but the Labor Day cash ($500) expired today so you need to back that out.
Can you get the conquest cash?
#408 of 482 Re: for reference (our deal this holiday weekend) [sudb]
Sep 03, 2013 (3:56 pm)
The SmartLease is a dealer add-on, so it has a huge profit built into it.
Having said that, how abusive (historically) are you on your vehicles? If you are good about cosmetic maintenance, it's likely unnecessary insurance. If you are not, I would try to negotiate a discount. I've heard of people getting it for $600 or less.
#409 of 482 Re: for reference (our deal this holiday weekend) [b3nd3r]
Sep 03, 2013 (4:04 pm)
New deals. Been going back and forth between Burien Chevy and Dave Smith in Idaho:
Burien: Zero down on base demo model, $315 per month, 36 month. This one has 1,000 miles on it and is white, my least favorite color, but I wouldn't see much of it when driving. No extra
Dave Smith: Zero down at $338 per month with safety package one (rear camera auto dimming rearview and rear parking assist), and comfort package (heated seats and leather trimmed steering wheel).
Both are 15,000 miles.
#410 of 482 Re: for reference (our deal this holiday weekend) [duktruen]
Sep 03, 2013 (4:46 pm)
I wouldn't worry about the dealer demo miles, as the lease mileage is typically calculated starting with the odometer reading when you take delivery.
That's "Safety 1" package on the second vehicle, right? $575 + $275 for comfort = $850. That would be $23/mo or so for thoe options.
I would think the first one should be $300/mo and the second one about $320, but those numbers seem better than your first attempt.