Chevrolet Volt Lease Questions

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

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

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

    

#58 of 313 Re: Volt Lease Numbers [sheepdog1] by Car_man HOST

Jun 03, 2012 (3:53 pm)

Replying to: sheepdog1 (May 23, 2012 11:58 am)
Hey sheepdog1. I'm glad that I've been able to help you out.
 
Ally's current base lease rate and residual value for a 36-month lease of a 2012 Chevrolet Volt with 15,000 miles per year in Florida are 1.0% and 58%, respectively.
 
There is a $4,445 cash incentive on leases of this car through Ally. The $1,000 for current Saturn owners is available on top of that.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#59 of 313 Re: Volt Lease Offer [mgreenfield] by Car_man HOST

Jun 03, 2012 (3:42 pm)

Replying to: mgreenfield (May 23, 2012 12:42 pm)
Hi mgreenfield. On leases through Ally, the bank pockets the $7,500 cash incentive and it uses it to artificially inflate the Volt's residual value. The realistic residual value for a used Volt several years down the road is nowhere near the percentage that Ally is using.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#60 of 313 Re: Current CA Leases [newyork4me] by Car_man HOST

Jun 03, 2012 (3:46 pm)

Replying to: newyork4me (May 28, 2012 6:08 pm)
Hi newyork4me. GM's cash incentive on leases of the Volt through Ally is $4,445 for non HOV and $3,370 for HOV models.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#61 of 313 Re: Lease Offer [vaguy79] by Car_man HOST

Jun 03, 2012 (3:53 pm)

Replying to: vaguy79 (May 31, 2012 7:42 am)
Hi vaguy79. I think that you can do better than this on the Volt right now. First of all, Ally's base lease rate on a 36-month lease of a 2012 Volt is only 1%, not 2%. If your credit is in good shape the dealer is marking your rate up on you.
 
Also, GM is providing a $4,445 cash incentive on non-PCV Volts through Ally right now. You should be able to have that entire incentive deducted from your car's price and then you should be able to eat into part of the $1,500 dealer gross on top of that.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#62 of 313 Re: Lease Offer [thematch] by Car_man HOST

Jun 03, 2012 (3:55 pm)

Replying to: thematch (Jun 03, 2012 12:42 pm)
Hi thematch. Ally's current base lease rate and residual value for a 36-month lease of a 2012 Volt HOV without Navigation with 15,000 miles per year are 1.0% and 58%, respectively.
 
There is a $3,370 cash incentive on leases of this car through Ally.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#63 of 313 Reasonable goal? by oregunguy

Jun 05, 2012 (4:39 pm)

Looking this weekend at 2012 volt with premium pkg + nav. 36month lease
 
MSRP 43030
neg price (TMV) 41316
+dest 850
+ aqu fee 795
- incentive 4445
- 1500 (chev owner coupon)
 total 37016
residule on 15k/yr w nav 57%; 1% interest
No sales tax here
I run the numbers and get $ 372.76/mo
                                           $13419 total cost over 3 years
anyone see any errors?
I like to have my realistic best deal in my head before I go out to the dealers. Thanks to everyone on this site , always very helpful.

#64 of 313 Re: Reasonable goal? [oregunguy] by bacchusm

Jun 08, 2012 (3:41 pm)

Replying to: oregunguy (Jun 05, 2012 4:39 pm)
Any ideas when the 2013 Volt is coming out or we can order one from the factory?
 
************** I saw this from Magic Boy....
 
MSRP: 45230
$1072 due at signing (They told me 1000 but in the deal there was $72 left so instead of paying it over 36 months I put it in the cash down)
10,000 miles per year
36 months
I added the Bumper to Bumper Warranty... It has a name that I can't remember it. Basically was an additional $625 and they waived the $425 security deposit so a net increase of $200.
Base Monthly Payment $410
After Taxes: $435
 
I went to look at one. The car was fulled loaded with Nav, Leather, carmera Park Assist etc.. and the 'best price' they gave me was $443 plus Tax was $481.00 Same price car. But the kicker was they wanted $2,500 down! I am in California. Is there a way just to get the best price? Do I hire a Car Broker? Car man , what price do I go in with?

#65 of 313 Re: Lease Offer [Car_man] by thematch

Jun 10, 2012 (11:07 pm)

Replying to: Car_man (Jun 03, 2012 3:55 pm)
Thank you.
 
Do you know if the lease includes or excludes the security deposit like the posted lease special for non-HOV.
 
Also, if the dealer is only giving me a $2,900 CCR, I'm guessing he's pocketing the $470 difference, correct?

#66 of 313 The Deal I was Offered by rdean9999

Jun 13, 2012 (11:33 am)

Hi Everyone - I've been a reader for a while and I'm about to take the plunge I think. I was offered the following deal - not sure of specifics like what they are calculating for residual etc. but here's what I received:
 
36 Month Lease
MSRP 44,625
Zero Down
15k Miles Per Year
$417 / Month including sales tax (7%)
So I suppose the base monthly rate would be $390.
 
From what I can see, this seems like a good deal - am I missing something? Any thoughts would be greatly appreciated. By the way, I live in GA - not sure if that matters. Thanks!

#67 of 313 Re: The Deal I was Offered [rdean9999] by magicboy

Jun 13, 2012 (11:43 am)

Replying to: rdean9999 (Jun 13, 2012 11:33 am)
I haven't looked at recent lease deals since I got my Volt back in March, but these seems like a better deal then I got back in March.
 
I pay about $417 after taxes (6%) but I also had to put $1000 down and I only had 10k miles per year on my lease.
 
I think my total price might have been a little higher though. I think my MSRP was around $45300. It was fully loaded and included a cargo net (not that I wanted it).
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