2017 Chevrolet Volt Lease Deals and Prices

koctailz

I am looking at leasing in SF Bay Area...Volt LT. 36/12. If I have this right.....MF: .00069, 50% Residual, $4400 lease cash...let me know if I am right or wrong. Looking to do something in next week. I know how to calculate leases, but what about the federal rebate that GM gets...how is that accounted for in the lease numbers?

Michaell

koctailz said:

I am looking at leasing in SF Bay Area...Volt LT. 36/12. If I have this right.....MF: .00069, 50% Residual, $4400 lease cash...let me know if I am right or wrong. Looking to do something in next week. I know how to calculate leases, but what about the federal rebate that GM gets...how is that accounted for in the lease numbers?

I confirm the numbers you've listed.

The $4400 is that part of the federal tax credit that GM is sharing with you. GM Financial, as the buyer, qualifies for the total credit amount.

kyfdx

Michaell said:

koctailz said:

I am looking at leasing in SF Bay Area...Volt LT. 36/12. If I have this right.....MF: .00069, 50% Residual, $4400 lease cash...let me know if I am right or wrong. Looking to do something in next week. I know how to calculate leases, but what about the federal rebate that GM gets...how is that accounted for in the lease numbers?

I confirm the numbers you've listed.

The $4400 is that part of the federal tax credit that GM is sharing with you. GM Financial, as the buyer, qualifies for the total credit amount.

On a lease. $4400 might be the total amount they qualify for, even as the buyer.

[Deleted User]

Any numbers for 12k/36 months in St. Louis, MO on an LT? Thanks!

Michaell

flymia said:

Any numbers for 12k/36 months in St. Louis, MO on an LT? Thanks!

.00069 and 50%

$4400 lease cash

s0cr4t1c

Just wanted to stop back in and share the lease deal I finally worked out here in Central Florida:

2017 Volt LT 36/12k Lease
$35850 MSRP
$32730 Dealer Discounted Price
-$2000 Factory to Dealer Coupons
-$4400 Lease Cash
= $26,330 + tag, title, dealer fee

Paid CCR tax, registration, and first month's payment upfront. (Paid non-taxable items to avoid paying taxes on them if rolled into lease)

Lease Payment w/tax = $309/month

Outside of California or the few other states that provide EV incentives, I don't think I could've done much better.

suydam

Thanks for letting others know your experience. I'm sure it's very different leasing in Florida. Great discounts though. Enjoy your Volt!

Michaell

s0cr4t1c said:

Just wanted to stop back in and share the lease deal I finally worked out here in Central Florida:

2017 Volt LT 36/12k Lease
$35850 MSRP
$32730 Dealer Discounted Price
-$2000 Factory to Dealer Coupons
-$4400 Lease Cash
= $26,330 + tag, title, dealer fee

Paid CCR tax, registration, and first month's payment upfront. (Paid non-taxable items to avoid paying taxes on them if rolled into lease)

Lease Payment w/tax = $309/month

Outside of California or the few other states that provide EV incentives, I don't think I could've done much better.

Congrats! Thanks for sharing your deal details with us.

lraff22

Hey Guys,

I was wondering if I could get some information on a 2017 Chevy Volt Premium Lease in New Jersey. I am looking for a 36 Month/15,000 Miles lease with about 1,000 or so down.

Does anyone have any place they can point me to so I can do a little more research about this whole process. Thanks for you help!

kyfdx

lraff22 said:

Hey Guys,

I was wondering if I could get some information on a 2017 Chevy Volt Premium Lease in New Jersey. I am looking for a 36 Month/15,000 Miles lease with about 1,000 or so down.

Does anyone have any place they can point me to so I can do a little more research about this whole process. Thanks for you help!

https://www.edmunds.com/car-leasing/10-steps-to-leasing-a-new-car.html

This article is a good first step.
Edmunds has dozens of articles on leasing.

lraff22

Awesome, I stumbled across this right after I made my previous post. I have been looking for MF and Residual info for a 36 Months/15,000 Miles in NJ on a Volt Premium with no luck.

Anyone have these numbers or can point me to somewhere to find them?

Michaell

lraff22 said:

Awesome, I stumbled across this right after I made my previous post. I have been looking for MF and Residual info for a 36 Months/15,000 Miles in NJ on a Volt Premium with no luck.

Anyone have these numbers or can point me to somewhere to find them?

.00067 and 47%

$4025 lease cash

scooter124

hello all I am a bit new to this forum so here goes. I live in Dutchess County NY and am looking to leave a 2017 Volt.
I went in at got this offer yesterday
http://imgur.com/a/Mnz8I
Can anyone tell me if ithat is decent or not?
its seems the GM is only giving me 5400 of the 7500 fed tax credit .


I'm also a little confused because based on their lease add on their site below the math seems fuzzy
http://www.bartonchevrolet.com/VehicleSearchResults?search=all&make=Chevrolet&model=Volt&year=2017

If I used that formula and applied it to the lease deal on the website then we have (About)
4k DP @185/mo
3k DP @212/mo
2k DP @239/mo
1K DP @266/mo

The paper they handed me yesterday said 1700 NY credit plus 1k cash would put me at 316.30/month drive off
something doesnt seem right to me. At min I would think the 1700 NY credit would put me close to the 2k/239 a month deal? Also . they dont seem to know anything about deposits versus down payments.
I was told NEVER to use DP's on leases.

Please help.

Michaell

scooter124 said:

hello all I am a bit new to this forum so here goes. I live in Dutchess County NY and am looking to leave a 2017 Volt.
I went in at got this offer yesterday
http://imgur.com/a/Mnz8I
Can anyone tell me if ithat is decent or not?
its seems the GM is only giving me 5400 of the 7500 fed tax credit .


I'm also a little confused because based on their lease add on their site below the math seems fuzzy
http://www.bartonchevrolet.com/VehicleSearchResults?search=all&make=Chevrolet&model=Volt&year=2017

If I used that formula and applied it to the lease deal on the website then we have (About)
4k DP @185/mo
3k DP @212/mo
2k DP @239/mo
1K DP @266/mo

The paper they handed me yesterday said 1700 NY credit plus 1k cash would put me at 316.30/month drive off
something doesnt seem right to me. At min I would think the 1700 NY credit would put me close to the 2k/239 a month deal? Also . they dont seem to know anything about deposits versus down payments.
I was told NEVER to use DP's on leases.

Please help.

First, that's an ad, not an offer.

What you need from the dealer are the MSRP and the adjusted cap cost - that should give us a baseline upon which to calculate payments.

The 36/10 numbers on the LT are .00069 and 51%, with $4400 lease cash.

scooter124

Does this offer show the numbers you are looking for ?
http://imgur.com/a/Mnz8I

suydam

Generally the only money you should pay up front is the first month plus taxes and fees (if you don't have them rolled into the lease), which shouldn't amount to any more than $2k.

Michaell

scooter124 said:

Does this offer show the numbers you are looking for ?
http://imgur.com/a/Mnz8I

That shows the selling price, not the adjusted cap cost, which is the selling price less incentives, plus any taxes or fees you are not paying up front.

NY taxes the sum of the payments, and collects that money up front; the $2600 tax amount is too high, in that case.

The attachment helps a little, but is also misleading, as the prices are for a purchase, then the payment amounts on the left don't match up.

No mention of the acquisition fee, for instance.

That's why the adjusted cap cost is necessary - it shows the relevant numbers for a lease.

scooter124

ok he told me 1 k cash to drive off which includes "Everything" .. plus the 1700 state rebate.
Seems like im shelling out 800 too much here.
I have seen lease hack deals where ppl drive off with nothing
https://leasehackr.com/leaselog/
search VOLT

Michaell

scooter124 said:

ok he told me 1 k cash to drive off which includes "Everything" .. plus the 1700 state rebate.
Seems like im shelling out 800 too much here.
I have seen lease hack deals where ppl drive off with nothing
https://leasehackr.com/leaselog/
search VOLT

I don't follow other pricing websites....

But, as @suydam noted, your drive off should be just the first payment and DMV / registration costs.

scooter124

dealer replied "lunch was quick thanx do u want the net cap cost or the gross cap cost "

kyfdx

scooter124 said:

dealer replied "lunch was quick thanx do u want the net cap cost or the gross cap cost "

Adjusted or net CAP cost.

scooter124

Thanks.. I will request the info.. strange I think I got a young guy who knew nothing about rebates. His manager had to come in to do the smoke and mirrors stuff.

TY all for your patience. Hopefully I will have something in the morning!

scooter124

Ok the dealer answered in 2 ways.
Person 1.
"The adjusted cap cost is the selling price of the vehicle minus the rebates and whichever down payment you choose. According to the pencil report you provided, prior to the down payment the adjusted cap cost is $25,764. If you put $1000 down that changes it to $24764 and so on depending on how much you want to put down."

Person 2 (who seems to be a new young guy...): "sorry took so long had people here 35350"

suydam

So you don't have to put anything down.

cajm123

Hi can I please get the RV, MF and any incentives for a 36/10 Volt LT in Southern California, thanks!

kyfdx

cajm123 said:

Hi can I please get the RV, MF and any incentives for a 36/10 Volt LT in Southern California, thanks!

.00069 MF and 51% residual
$4400 lease cash

uncle_jack

Hi, I live in Houston, TX, 77095. My lease of 2014 Volt (Premium model, MSRP was $41,650) will be up within 2 weeks (3 years/36k miles, down $2500, $330/month). I am planning to lease another 2017 Volt (Premium model). The MSRP is $40,920, 3 years/36k miles, $0 down or $1000 max). Can someone help me with Residual Value, Money Factor, and Lease Cashback Incentive? And what is the estimated monthly payment that would be considered a good deal?

[Deleted User]

Michaell said:

Any numbers for 12k/36 months in St. Louis, MO on an LT? Thanks!

.00069 and 50% $4400 lease cash

Any update for the new month?

jason532

Hi - can I please get the RV, MF and any incentives for a 24/12 & 36/12 Volt LT in Oregon for August. Thanks!

kyfdx

uncle_jack said:

Hi, I live in Houston, TX, 77095. My lease of 2014 Volt (Premium model, MSRP was $41,650) will be up within 2 weeks (3 years/36k miles, down $2500, $330/month). I am planning to lease another 2017 Volt (Premium model). The MSRP is $40,920, 3 years/36k miles, $0 down or $1000 max). Can someone help me with Residual Value, Money Factor, and Lease Cashback Incentive? And what is the estimated monthly payment that would be considered a good deal?

Volt LT
36/12
.00069 MF and 50% residual
$4400 lease cash

kyfdx

flymia said:

Michaell said:

flymia said:

Any numbers for 12k/36 months in St. Louis, MO on an LT? Thanks!

.00069 and 50%

$4400 lease cash

Any update for the new month?

July program scheduled through August 31st

kyfdx

jason532 said:

Hi - can I please get the RV, MF and any incentives for a 24/12 & 36/12 Volt LT in Oregon for August. Thanks!

Volt LT
36/12
.00069 MF and 50% residual
$4400 lease cash

No support for 24 month lease

scooter124

Hi - can I please get the RV, MF and any incentives for a
36/10 Volt LT in NY for August
36/10 Volt Premier in NY for August

Michaell

scooter124 said:

Hi - can I please get the RV, MF and any incentives for a
36/10 Volt LT in NY for August
36/10 Volt Premier in NY for August

July GM programs are valid through the month of August

scooter124

Sorry I know this is the wrong forum but I'm sorta clueless to this stuff. Iasked another dealer about this deal in
case the EV's are too expensive

2017 Honda Fit EX with sunroof, alloy wheels, touch screen, lane watch, backup camera: $17,657 after taxes and fees 19,489.13
- I told them I don't want to put down a DP but would pay the taxes up front and an alt way to lower monthly.
- They replies:
"EX fit with manual. Obviously you have the option of getting leather custom in the car if you want to keep manual, for a little more but here it is.

FIT EX Manual. Taxes, fees, everything up front: $1,784.51
Monthly payment 189.47 for 36 months with 11,702.50 Residual. "

It seems there is about 1k difference between what I'm paying (189.47x36) and my buyout @11.7K.
Can I ask them to make the numbers or something?
What are the next steps.
According to my calcs that is 60 perecent residual.. yikes?

kyfdx

scooter124 said:

Sorry I know this is the wrong forum but I'm sorta clueless to this stuff. Iasked another dealer about this deal in
case the EV's are too expensive

2017 Honda Fit EX with sunroof, alloy wheels, touch screen, lane watch, backup camera: $17,657 after taxes and fees 19,489.13
- I told them I don't want to put down a DP but would pay the taxes up front and an alt way to lower monthly.
- They replies:
"EX fit with manual. Obviously you have the option of getting leather custom in the car if you want to keep manual, for a little more but here it is.

FIT EX Manual. Taxes, fees, everything up front: $1,784.51
Monthly payment 189.47 for 36 months with 11,702.50 Residual. "

It seems there is about 1k difference between what I'm paying (189.47x36) and my buyout @11.7K.
Can I ask them to make the numbers or something?
What are the next steps.
According to my calcs that is 60 perecent residual.. yikes?

Please post in the Fit discussion:
https://forums.edmunds.com/discussion/43288/honda/fit/2017-honda-fit-lease-questions#latest

fastsvo

Hi I am looking to lease a volt in Los Angeles interested in the current rebates, incentives and dealer cash data.  What percentage of MSRP are the best deals getting these days?  Is the Japanese Conquest cash still available? Thanks!

Michaell

fastsvo said:

Hi I am looking to lease a volt in Los Angeles interested in the current rebates, incentives and dealer cash data.  What percentage of MSRP are the best deals getting these days?  Is the Japanese Conquest cash still available? Thanks!

What trim?

Lease term and miles per year?

We don't track pricing - use the 'make / model / year' pull downs at the top of the page to link to the price tools. Or, read back through the last page or two of this thread.

trojandriver

Hello, if you get a lease is the $4,400 lease cash separate from the Federal Tax Credit or is that baked into the $4,400. I'm trying to understand how they roll the tax credit into your lease. I'm looking at the Volt and an E-tron, the Audi sales person told me they roll the full credit on top of any discounts they can give me into the lease pricing. Just trying to wrap my head on how the fed. tax credit gets baked in.

Michaell

trojandriver said:

Hello, if you get a lease is the $4,400 lease cash separate from the Federal Tax Credit or is that baked into the $4,400. I'm trying to understand how they roll the tax credit into your lease. I'm looking at the Volt and an E-tron, the Audi sales person told me they roll the full credit on top of any discounts they can give me into the lease pricing. Just trying to wrap my head on how the fed. tax credit gets baked in.

The $4400 from GM is that part of the federal incentive they are passing on to you. Remember, you don't qualify for the incentive, GM Financial does as the purchaser.

kyfdx

Michaell said:

trojandriver said:

Hello, if you get a lease is the $4,400 lease cash separate from the Federal Tax Credit or is that baked into the $4,400. I'm trying to understand how they roll the tax credit into your lease. I'm looking at the Volt and an E-tron, the Audi sales person told me they roll the full credit on top of any discounts they can give me into the lease pricing. Just trying to wrap my head on how the fed. tax credit gets baked in.

The $4400 from GM is that part of the federal incentive they are passing on to you. Remember, you don't qualify for the incentive, GM Financial does as the purchaser.

Also, on a lease, they don't get the full $7500. $4400 is probably 100% of the tax credit, passed on to you as a rebate.

osu18

What is the best lease program in the South East (FL) for the 2017 LT? is it the advertised 39 month/15k a year? if so what are the MF and residual? Thanks

Michaell

osu18 said:

What is the best lease program in the South East (FL) for the 2017 LT? is it the advertised 39 month/15k a year? if so what are the MF and residual? Thanks

.00069 and 46% for 39/15

$4400 lease cash

zilly99

I was wondering about MF and residual on a 2017 LT (base) MSRP $34095 in the Los Angeles area for 36/12K? The dealer just sent me numbers with .00169 and 50% -- which seems higher than other numbers on this thread. Also, does the $4400 lease cash apply as additional downpayment, or does it have to factor in another way? Thanks!!

kyfdx

zilly99 said:

I was wondering about MF and residual on a 2017 LT (base) MSRP $34095 in the Los Angeles area for 36/12K? The dealer just sent me numbers with .00169 and 50% -- which seems higher than other numbers on this thread. Also, does the $4400 lease cash apply as additional downpayment, or does it have to factor in another way? Thanks!!

.00069 MF and 50% residual
$4400 lease cash.
Yes, it should be listed as a CAP cost reduction (which means you'll pay tax on it).

gsgsgs3e

Hello: Looking for Volt Premier in Portland, OR. What should I expect on MF and residual? Also should I wait for Sep (i.e., does Sep typically bring better pricing, rebates etc)? Excuse if this sounds too green (first time post!).

Michaell

gsgsgs3e said:

Hello: Looking for Volt Premier in Portland, OR. What should I expect on MF and residual? Also should I wait for Sep (i.e., does Sep typically bring better pricing, rebates etc)? Excuse if this sounds too green (first time post!).

What lease term and how many miles per year are you looking for?

Cannot tell you what the numbers will look like next month.

gsgsgs3e

I am looking for a 36 mo/12k lease.

Michaell

gsgsgs3e said:

Hello: Looking for Volt Premier in Portland, OR. What should I expect on MF and residual? Also should I wait for Sep (i.e., does Sep typically bring better pricing, rebates etc)? Excuse if this sounds too green (first time post!).

gsgsgs3e said:

I am looking for a 36 mo/12k lease.

.00069 and 49%

$4025 lease cash

gsgsgs3e

Thanks much. Would you mind helping me understand this at more depth..? I got an offer - where the lease payment was $357 for 48 months/12k with $0 down (although I asked for a 12k/36 mo). Some of the details I was able to see (he didn't give me the full details to take with me):
MSRP - $40,690
Sales price - $32,665
Residual - 48% (he told me that was for a 3 year lease; so that doesn't apply to 48 mo lease)
Does the $4,025 lease cash apply on top of the selling price above? Or is that "baked" into the selling price reduction?

The selling price seems like a pretty good one. So based on this what should I expect the lease payment to be (for 12k/36 mo)?