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Good Volt Lease?

txtennistxtennis Member Posts: 2
edited January 2017 in Chevrolet
Here I my current offer from a SoCal Dealer: Volt LT 2017 with comfort package, 15K miles, 3K down (total drive off, 1st payment waved, $189/month (tax included))
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  • kyfdxkyfdx Moderator Posts: 257,490
    txtennis said:

    Here I my current offer from a SoCal Dealer: Volt LT 2017 with comfort package, 15K miles, 3K down (total drive off, 1st payment waved, $189/month (tax included))

    What is the MSRP and adjusted CAP cost?

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  • txtennistxtennis Member Posts: 2
    MSRP $34,555 and 48% residual after 36 months. 
  • kyfdxkyfdx Moderator Posts: 257,490
    txtennis said:

    MSRP $34,555 and 48% residual after 36 months. 

    .00062 MF and 48% residual. $4610 lease cash.

    You need a CAP cost of about $22K to get to $175/mo.+tax.

    Even with $3000 due at signing, that looks like a good deal.
    I'd rather pay $1000 upfront and about $250/mo, though.

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