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Chevrolet Volt Lease Questions

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Comments

  • alonzov1alonzov1 Posts: 7
    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
  • krish3krish3 Posts: 2
    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.
  • phaworthphaworth Posts: 20
    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.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    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
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    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
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    Prices Paid: Buying & Leasing Experiences Forum
  • orbm1orbm1 Posts: 3
    Mr. Car Man,

    what would that translate to payment wise??? any ideas?

    Thanks
  • Thanks Carman:

    Do 2013s have the same cash incentive ($5045) than 2012?

    Regards,

    Alonzo
  • mrp120mrp120 Posts: 1
    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??
  • krish3krish3 Posts: 2
    FYI:

    Northern california
    2012 Volt
    15000 miles/year
    1700 down payment (hoping to get 1500 back from california)

    377$/month lease
  • Does anyone know if the current lease special on the 2012 Volt is available on a new 2013? The local inventory of 2012's is slim pickins.
  • Does anyone have the current residule on a 2012 w/ nav, 36month at 15k miles/yr?

    Thanks
  • I'm picking up my 2013 Volt Friday!! Can you provide the current lease numbers (mf and residual)? I'm looking at 10,000 miles/yr. I'd like the numbers for both 24 and 36 months. This is for a 2013 Volt with Nav. Also I assume the $5045 lease cash is still good on the 2013? Thanks!!
  • vfanrjvfanrj Posts: 3
    I chatted with Chevy on the 2013 lease terms early last week and they told me "no." They also were not willing to publish a date when they would apply the promotion lease terms on the '13 models.

    My guess is that they are trying to clear out the 2012s first before promoting a 2013. I leased a 2012 last week and absolutely love the car. It is the best car that I've owned. Money saved in gas more than cover my $250/month lease payment.
  • bacchusmbacchusm Posts: 5
    edited August 2012
    Hopefully picking up my 2013 Volt Saturday.

    They told me that Ally/Us Bank changed their residual around so now it is about66% and only about $1,750 rebate for the 2013. I ordered my from the factory so I have been waiting for almost two months now. I worked out a kinda deal because when I ordered it the rates weren't available, but we have talked since and I am get closer to the numbers I would like. I guess we will Saturday. Thank all of you here are you have help me stay in touch with the numbers.
  • Yea, it's tough trying to make a deal when you don't now the incentives or what others are paying since the car is brand new. That's why I figured I'd wait until it comes in to talk numbers. Hopefully it'll work out, I'm a little nervous. Now there aren't many 2012's left so if I decide the lease incentives on the 2013 suck it'd be hard to get a 2012 with what I want.
  • Yeah, there are a couple of things I wanted on the 2013 that weren't available on the 2012.

    The main one was:

    front park assist, forward collision alert and lane departure warning systems
    I both on my previous car and really like them.

    The rear camera and rear park assist as important to me.

    I like that the 2013 are all HOV California, the 2nd half of the 2012 were also.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi orbm1. That depends upon the MSRP and selling price of the exact car that you are interested in. Let me know what those figures are and I'll be happy to work up a payment for you.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi Alonzo . The cash incentive for a 36-month lease of a 2013 Volt is much lower, $1,675.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi lawbroker. Chevrolet is providing lease support on the 2013 Volt, but its lease program on it is not as attractive as the program that is currently running on the 2012 model.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here you go oregunguy. Ally's August base lease rate and residual value for a 36-month lease of a 2012 Chevrolet Volt with Navigation and 15,000 miles per year are 1.0% and 57%, respectively.

    When negotiating your deal on this car, make sure to take advantage of the $5,045 cash incentive that is currently available on 36-month leases of it through Ally.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
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