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2018 Chevrolet Volt Lease Deals and Prices

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Comments

  • MichaellMichaell ColoradoPosts: 140,653
    irvincar said:

    Thanks. Is that lease cash on top of the 7500 federal tax incentive?

    Nope, that is instead of. You don't get the $7500 since you aren't buying the car (the lease bank is). And, the tax credit is lower if you are leasing.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • skwirlskwirl Posts: 32
    Hi there! Could I have the numbers and incentives for a 2018 Chevy Volt Premier in WA State, 15k/36months? Thanks!
  • MichaellMichaell ColoradoPosts: 140,653
    skwirl said:

    Hi there! Could I have the numbers and incentives for a 2018 Chevy Volt Premier in WA State, 15k/36months? Thanks!

    .00088 and 46%
    $2525 lease cash

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 1988corisca1988corisca Posts: 23
    Hi an update please for a 36 10k mile lease for a premier in fl 33315 including lease cash. Thank u
  • kyfdxkyfdx Posts: 148,174

    Hi an update please for a 36 10k mile lease for a premier in fl 33315 including lease cash. Thank u

    .00088 MF and 49% residual
    $2525 lease cash

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jpd1979jpd1979 Posts: 124
    OK, might as well throw the Volt LT in there too now that I got a peek at the rebates. 36/15 and 24/15 please, zip code 08619. Thanks again!
  • kyfdxkyfdx Posts: 148,174
    jpd1979 said:

    OK, might as well throw the Volt LT in there too now that I got a peek at the rebates. 36/15 and 24/15 please, zip code 08619. Thanks again!

    36/15: .00088 MF and 47% residual
    $2900 lease cash
    +$2500 customer incentive

    24 month lease not supported

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • 2double072double07 Posts: 2
    edited June 2018
    Please provide numbers and incentives for '18 Volt LT and LT premiere in Southern California. Thanks in advance! 36/12
  • kyfdxkyfdx Posts: 148,174
    2double07 said:

    Please provide numbers and incentives for '18 Volt LT and LT premiere in Southern California. Thanks in advance! 36/12

    .00088 MF and 49%/48% residual for LT/Premier
    $2900/$2525 lease cash on LT/Premier

    +$4000 customer incentive on either trim.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • irvincarirvincar Posts: 6
    Hi Michael and kyfdx, have June incentives been released yet?

    Can you help update me on numbers for '18 Volt LT in IL, 36/10k?
  • kyfdxkyfdx Posts: 148,174
    irvincar said:

    Hi Michael and kyfdx, have June incentives been released yet?

    Can you help update me on numbers for '18 Volt LT in IL, 36/10k?

    .00088 MF and 50% residual
    $2900 lease cash

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • mikbee6mikbee6 Posts: 4
    Hi. I would love the numbers on Volt LT and Premier for NC.
    Thanks!
  • kyfdxkyfdx Posts: 148,174
    mikbee6 said:

    Hi. I would love the numbers on Volt LT and Premier for NC.
    Thanks!

    36/15
    .00088 MF
    47%/46% residual for LT/Premier
    $2900 lease cash on LT
    $2525 on Premier

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • almag559almag559 Posts: 5
    kyfdx said:

    2double07 said:

    Please provide numbers and incentives for '18 Volt LT and LT premiere in Southern California. Thanks in advance! 36/12

    .00088 MF and 49%/48% residual for LT/Premier
    $2900/$2525 lease cash on LT/Premier

    +$4000 customer incentive on either trim.
    Do these numbers apply to Northern and Central California as well?
    Thanks!
  • MichaellMichaell ColoradoPosts: 140,653
    almag559 said:

    kyfdx said:

    2double07 said:

    Please provide numbers and incentives for '18 Volt LT and LT premiere in Southern California. Thanks in advance! 36/12

    .00088 MF and 49%/48% residual for LT/Premier
    $2900/$2525 lease cash on LT/Premier

    +$4000 customer incentive on either trim.
    Do these numbers apply to Northern and Central California as well?
    Thanks!
    GM numbers are national.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • almag559almag559 Posts: 5
    Michaell said:

    almag559 said:

    kyfdx said:

    2double07 said:

    Please provide numbers and incentives for '18 Volt LT and LT premiere in Southern California. Thanks in advance! 36/12

    .00088 MF and 49%/48% residual for LT/Premier
    $2900/$2525 lease cash on LT/Premier

    +$4000 customer incentive on either trim.
    Do these numbers apply to Northern and Central California as well?
    Thanks!
    GM numbers are national.
    Sorry, I meant the following numbers:

    $2900/$2525 lease cash on LT/Premier
    +$4000 customer incentive on either trim

    Do those apply to all of California?
  • MichaellMichaell ColoradoPosts: 140,653
    almag559 said:

    Michaell said:

    almag559 said:

    kyfdx said:

    2double07 said:

    Please provide numbers and incentives for '18 Volt LT and LT premiere in Southern California. Thanks in advance! 36/12

    .00088 MF and 49%/48% residual for LT/Premier
    $2900/$2525 lease cash on LT/Premier

    +$4000 customer incentive on either trim.
    Do these numbers apply to Northern and Central California as well?
    Thanks!
    GM numbers are national.
    Sorry, I meant the following numbers:

    $2900/$2525 lease cash on LT/Premier
    +$4000 customer incentive on either trim

    Do those apply to all of California?
    Yes

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • leaseq1leaseq1 Posts: 40
    Can I get the MF and RV for 2018 Volt Lyme with leather for 24/12, 24/15, 36/12, and 36/15 in Florida. Any lease cash or other deals?
  • kyfdxkyfdx Posts: 148,174
    leaseq1 said:

    Can I get the MF and RV for 2018 Volt Lyme with leather for 24/12, 24/15, 36/12, and 36/15 in Florida. Any lease cash or other deals?

    Is Lyme a Volt trim?

    I show LT or Premier.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • leaseq1leaseq1 Posts: 40
    It was supposed to be lt, darn autocorrect.
  • MichaellMichaell ColoradoPosts: 140,653
    leaseq1 said:

    Can I get the MF and RV for 2018 Volt Lyme with leather for 24/12, 24/15, 36/12, and 36/15 in Florida. Any lease cash or other deals?

    leaseq1 said:

    It was supposed to be lt, darn autocorrect.

    LOL.

    No supported 24 month numbers for the Volt

    .00088 and 49% / 47%
    $2900 lease cash

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Dustin_DDustin_D Henderson, NVPosts: 8
    edited June 2018
    Can I get numbers on a low mileage lease in Southern California on a Volt LT. Looking for $0 down, 10k miles a year, 36 months.

    Thanks!
  • MichaellMichaell ColoradoPosts: 140,653
    philth said:

    Can I get numbers on a low mileage lease in Southern California on a Volt LT. Looking for $0 down, 10k miles a year, 36 months.

    Thanks!

    .00088 and 50%
    $2900 lease cash
    $4000 regional incentives

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • bluebellxbluebellx Posts: 1
    Michaell said:
    Can I get numbers on a low mileage lease in Southern California on a Volt LT. Looking for $0 down, 10k miles a year, 36 months. Thanks!
    .00088 and 50% $2900 lease cash $4000 regional incentives
    Do you know the stipulations of the $4000 regional incentives? Low miles only I’m assuming? Thank you 
  • kyfdxkyfdx Posts: 148,174
    bluebellx said:


    Michaell said:

    philth said:

    Can I get numbers on a low mileage lease in Southern California on a Volt LT. Looking for $0 down, 10k miles a year, 36 months.

    Thanks!

    .00088 and 50%
    $2900 lease cash
    $4000 regional incentives

    Do you know the stipulations of the $4000 regional incentives? Low miles only I’m assuming? Thank you 

    The only stipulations are that model and trim, in that area.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hi All,

    I have been in contact with a couple of dealers for a 2018 Volt Premiere (36/15, $0 out of pocket) and wanted to verify 1) lease payment calculation and 2) if this is a good deal. Here are the details:

    MSRP - $39,965
    Less GM Regional Incentive - <$4000>
    Less GM Lease Cash - <$2525>
    Less Dealer Reduction - <$4000>
    Reduced Cap Cost - $28,940

    Residual Value at end of lease (64%) - 18,383.90
    Money Factor - .00088
    Sales Tax - 7.75%
    Normal Ware - $500 <--I asked for excess wear and tear coverage and I'm assuming this is it, but there was no additional detail on this line item.

    Payment - $428.39 <--This seems a little high. I calculated this to be $359.11 (excluding Normal Ware cost of $500). Dealer didn't include delivery fees on the itemized lease.

    Thank you in advance for looking at this deal and providing feedback!
  • MichaellMichaell ColoradoPosts: 140,653

    Hi All,

    I have been in contact with a couple of dealers for a 2018 Volt Premiere (36/15, $0 out of pocket) and wanted to verify 1) lease payment calculation and 2) if this is a good deal. Here are the details:

    MSRP - $39,965
    Less GM Regional Incentive - <$4000>
    Less GM Lease Cash - <$2525>
    Less Dealer Reduction - <$4000>
    Reduced Cap Cost - $28,940

    Residual Value at end of lease (64%) - 18,383.90
    Money Factor - .00088
    Sales Tax - 7.75%
    Normal Ware - $500 <--I asked for excess wear and tear coverage and I'm assuming this is it, but there was no additional detail on this line item.

    Payment - $428.39 <--This seems a little high. I calculated this to be $359.11 (excluding Normal Ware cost of $500). Dealer didn't include delivery fees on the itemized lease.

    Thank you in advance for looking at this deal and providing feedback!</p>

    What ZIP code is this for?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hi Michaell,

    zip code is 92620 (southern california).
  • kyfdxkyfdx Posts: 148,174

    Hi All,

    I have been in contact with a couple of dealers for a 2018 Volt Premiere (36/15, $0 out of pocket) and wanted to verify 1) lease payment calculation and 2) if this is a good deal. Here are the details:

    MSRP - $39,965
    Less GM Regional Incentive - <$4000>
    Less GM Lease Cash - <$2525>
    Less Dealer Reduction - <$4000>
    Reduced Cap Cost - $28,940

    Residual Value at end of lease (64%) - 18,383.90
    Money Factor - .00088
    Sales Tax - 7.75%
    Normal Ware - $500 <--I asked for excess wear and tear coverage and I'm assuming this is it, but there was no additional detail on this line item.

    Payment - $428.39 <--This seems a little high. I calculated this to be $359.11 (excluding Normal Ware cost of $500). Dealer didn't include delivery fees on the itemized lease.

    Thank you in advance for looking at this deal and providing feedback!</p>

    Hi Michaell,

    zip code is 92620 (southern california).

    Typo on your residual percentage.. it's 46%, not 64%.
    I agree on the rest of the lease variables and incentives

    When you want $ZERO out of pocket, you have to add back in the fees.
    $595 acquisition fee
    $440 DMV
    $80 doc fee
    $500 Wear and tear insurance
    $550 upfront tax on rebates/acq.fee
    $428 1st payment

    That's $2593 on top of the 28940
    $31533 adjusted CAP

    I get $409/mo.+tax, which is about $10/mo higher than their quote. But, I was estimating some charges.

    Instead of ZERO out of pocket, ask to pay first payment and DMV charges at lease inception. If you roll those in, you are getting taxed on something that wouldn't normally be taxed. (still under $1000 due at lease signing)


    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Ok, that makes sense. Thank you!

  • Could I get 36m 15k for 94583, current offer, MF, and RD? Thanks!
  • kyfdxkyfdx Posts: 148,174

    Could I get 36m 15k for 94583, current offer, MF, and RD? Thanks!

    LT or Premier?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx said:

    Could I get 36m 15k for 94583, current offer, MF, and RD? Thanks!

    LT or Premier?
    LT please
  • kyfdxkyfdx Posts: 148,174

    kyfdx said:

    Could I get 36m 15k for 94583, current offer, MF, and RD? Thanks!

    LT or Premier?
    LT please
    .00092 MF and 47% residual
    $2900 lease cash
    +$1500 customer incentive

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx said:

    kyfdx said:

    Could I get 36m 15k for 94583, current offer, MF, and RD? Thanks!

    LT or Premier?
    LT please
    .00092 MF and 47% residual
    $2900 lease cash
    +$1500 customer incentive
    Thanks! Could I get Primer also?
  • sunilsunil Posts: 49
    Can I get MF, lease cash back, residual for Volt Premier for zip 95120. Thanks. Also for LT as well, just in case. Thanks !
  • MichaellMichaell ColoradoPosts: 140,653

    kyfdx said:

    kyfdx said:

    Could I get 36m 15k for 94583, current offer, MF, and RD? Thanks!

    LT or Premier?
    LT please
    .00092 MF and 47% residual
    $2900 lease cash
    +$1500 customer incentive
    Thanks! Could I get Primer also?
    .00092 and 46%
    $2525 lease cash
    +$4000 regional customer incentive

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 140,653
    sunil said:

    Can I get MF, lease cash back, residual for Volt Premier for zip 95120. Thanks. Also for LT as well, just in case. Thanks !

    What lease term and how many miles per year?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • sunilsunil Posts: 49
    Michaell said:
    Can I get MF, lease cash back, residual for Volt Premier for zip 95120. Thanks. Also for LT as well, just in case. Thanks !
    What lease term and how many miles per year?
    3years, 36K miles. 95120. Premier and LT. thanks. 
  • kyfdxkyfdx Posts: 148,174
    sunil said:


    Michaell said:

    sunil said:

    Can I get MF, lease cash back, residual for Volt Premier for zip 95120. Thanks. Also for LT as well, just in case. Thanks !

    What lease term and how many miles per year?

    3years, 36K miles. 95120. Premier and LT. thanks. 

    .00092 MF
    LT: 49% residual. $2900 lease cash
    Premier: 48% residual. $2525 lease cash

    +$4000 customer incentive, either trim

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • sunilsunil Posts: 49
    Thank you !
  • sunilsunil Posts: 49
    I am getting a 37/month discrepancy in the deal quoted by my dealer and what the Edmuns Lease Calculator shows. Can you check my numbers please.

    Zip 95120, 3 year, 36K miles, Premier.
    MSRP 40,900, Lease cash 6525, Dealer discount 3600, DMV 440, Doc 80, Acquisition 595
    Down payment 1500
    I plugged in 48% residual and 0.00092 MF

    Edmunds Auto Lease Calculator says 377/month (all taxes included)
    Dealer quote is 414/month (off by 37/month)

    Will really appreciate it if you can check the numbers for me. (BTW: later the dealer has offered me 4K off MSRP so the deal will get a bit better, but I would like to understand the $37/month discrepancy first. Any help you can give me will be much appreciated...
  • MichaellMichaell ColoradoPosts: 140,653
    sunil said:

    I am getting a 37/month discrepancy in the deal quoted by my dealer and what the Edmuns Lease Calculator shows. Can you check my numbers please.

    Zip 95120, 3 year, 36K miles, Premier.
    MSRP 40,900, Lease cash 6525, Dealer discount 3600, DMV 440, Doc 80, Acquisition 595
    Down payment 1500
    I plugged in 48% residual and 0.00092 MF

    Edmunds Auto Lease Calculator says 377/month (all taxes included)
    Dealer quote is 414/month (off by 37/month)

    Will really appreciate it if you can check the numbers for me. (BTW: later the dealer has offered me 4K off MSRP so the deal will get a bit better, but I would like to understand the $37/month discrepancy first. Any help you can give me will be much appreciated...

    What CAP cost are you using? What is the dealer using? That's probably the difference.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • sunilsunil Posts: 49
    I am using 31370 (MSRP 40900 - Lease cash 6525 - Discount 3600 + Acq Cost 595. Is that correct ? I need to check what the dealer is using...
  • sunilsunil Posts: 49
    Dealer quote (detailed is below). He is using 31173.77 for the Net Cap Cost



  • kyfdxkyfdx Posts: 148,174
    @sunil Start with looking at the numbers the dealer has given you.
    The discount is $4000, not $3600.
    You have upfront taxes of $599.86. That's tax on the rebate..
    If you look at the dealer's numbers in the right hand column, they don't add up. Some of those items are added to the CAP cost, and some of them are taken out of your $1500 cash upfront.

    Dealer's Gross CAP
    $36900 sale price
    $650 acquisition
    $99.99 miscellaneous (unaccounted for)
    $37649.99 gross CAP
    -6525 rebate
    =$31173.77 (that's off by another $48.78 unaccounted for)

    Using their net CAP, I get $367.35+tax.. Let's assume that equals the $402 payment quoted.

    $1500 upfront =
    $402 payment
    $599.86 tax
    $529.85 govt fees
    $117.75 doc/processing
    =$1649.46.

    That's $149.46 too much..
    If you look up, you'll see that we had $148.77 unaccounted for.. That's pretty much it (within a dollar)


    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • sunilsunil Posts: 49
    Thanks. You explanation helps me understand the lease better, so much appreciated. I will talk to the dealer and reconcile to make sure there are no hidden $150 fees anywhere. Thanks !
  • kyfdxkyfdx Posts: 148,174
    sunil said:

    Thanks. You explanation helps me understand the lease better, so much appreciated. I will talk to the dealer and reconcile to make sure there are no hidden $150 fees anywhere. Thanks !

    The $150 isn't hidden... We found it. We added up the upfront amounts, and they exceeded the $1500 you are bringing to the deal. That $150 excess is rolled into the CAP cost.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • mikel96mikel96 Posts: 2
    Does anyone have the MF and Residual for Florida on the Volt Premier 36 months 12k and 10k? Also any info on what lease cash, incentives, or GM loyalty bonuses available here?
  • jimmy1572jimmy1572 Posts: 2
    edited July 2018
    Looking for info for July on 2018 Volt LT 36/15k lease in Northern California MF/Resid and current lease cash.
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