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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 11 of 32

#100 of 313 Orange County CA Lease experience by peterindb

Jul 29, 2012 (8:19 pm)

Hi, there,
 
Just leased a Volt with the help of this forum and thought I'd also share what I experienced (A smooth process at Selman Chevy at Orange, CA.)
 
Model: 2013 Black with Premium Package, Bose audio.
 
MSRP: $42480
Price offered: $40498
$ up front (including 1st lease payment and security deposit): $ 1200
Residual: 67%
Lease Term: 36 months 12,000 miles/yr.
Interest rate: 1.35%
 
Monthly payment: $366/mo + tax
 
I did the initial negotiations via email with their internet fleet manager. The offered price (almost 2K off MSRP) got me in the dealer door. Of course when they found out I wanted to lease, they offered up the monthly payments (low $400's) without showing me the other relevant numbers at first. I Was able to get the payments down as soon as I asked for the residual and the money factor numbers behind their calculations.
 
Love the car so far, Build quality is indistinguishable from import, and the thing has some zip.

#101 of 313 Re: Lease by sport73

Jul 29, 2012 (9:50 pm)

Replying to: orlem (Jul 29, 2012 8:37 am)
Thought I'd share my experience:
 
2012 Chevy Volt Loaded with Premium Leather Trim, Navigation, Bose, Rear Park Assist, polished wheels...
 
36 months; 15,000 miles/yr.
$2500 down.
$320/mo. including FL tax
 
Don't really care what they valued the residual at as I have no plans to purchase at lease end. Only downside was having to suck up the vehicle's red accents.

#102 of 313 Residual & MF on 2013 Volt by alonzov1

Jul 31, 2012 (11:28 am)

Does anybody have the MF and Residual on a fully loaded 2013 VOLT, 15K miles lease?. Not sure if the numbers differ from region to region; I am in California.
 
Thanks in advance

#103 of 313 Chevy Volt in North California by krish3

Jul 31, 2012 (7:17 pm)

I got the following quote from the dealer yesterday. Want to see if it is reasonable?
 
Car type: Volt fully loaded (MSRP: 44875)
 
Monthly lease: 350$/month (including taxes)
Lease term: 36 months
Miles: 12000/year
Downpayment - 1500$ [he claimed 1500$ you MAY get back from California]
 
Residual price: 26300 (around that)
 
Is it reasonable? Should I ask for 15K miles & should I ask for 0 down?
 
I will appreciate any feedback.

#104 of 313 Re: Chevy Volt in North California [krish3] by phaworth

Aug 01, 2012 (5:14 pm)

Replying to: krish3 (Jul 31, 2012 7:17 pm)
Not a bad deal but get zero down. It will push it up to $390-$400 but you will qualify for $1500 back from state if they have money left. My zero down deal 5 months ago for a $45K Volt is $450 mo which includes taxes.

#105 of 313 Re: Volt Lease incentives in CT [tgaydosh] by Car_man HOST

Aug 02, 2012 (4:08 pm)

Replying to: tgaydosh (Jul 29, 2012 6:56 pm)
Hi tgaydosh. Chevrolet is currently providing a $5,045 cash incentive and a special lease rate of 1.0% on 36-month leases of 2012 Volt non-PCV models.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#106 of 313 Re: Residual & MF on 2013 Volt [alonzov1] by Car_man HOST

Aug 02, 2012 (4:15 pm)

Replying to: alonzov1 (Jul 31, 2012 11:28 am)
Here's the information that you're looking for alonzov1. Ally's current base lease rate and residual value for a 36-month lease of a 2013 Volt with navigation and 15,000 miles per year are 1.35% and 64%, respectively.
 
As you can see, Ally publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#107 of 313 Re: Volt Lease incentives in CT [Car_man] by orbm1

Aug 02, 2012 (4:16 pm)

Replying to: Car_man (Aug 02, 2012 4:08 pm)
Mr. Car Man,
 
what would that translate to payment wise??? any ideas?
 
Thanks

#108 of 313 Re: Residual & MF on 2013 Volt [Car_man] by alonzov1

Aug 02, 2012 (4:35 pm)

Replying to: Car_man (Aug 02, 2012 4:15 pm)
Thanks Carman:
 
Do 2013s have the same cash incentive ($5045) than 2012?
 
Regards,
 
Alonzo

#109 of 313 Re: 15K @ 389.50/mo [casegixxer] by mrp120

Aug 04, 2012 (11:25 am)

Replying to: casegixxer (Jun 29, 2012 1:56 pm)
Hey Casegixxer -
 
Just drove a Volt today and really liked it. We are in GA as well. It sounds like you had a positive experience with the dealer. Where did you go??

Messages Page 11 of 32

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