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2017 Chevy Bolt EV Lease Deals and Prices

teocon17teocon17 Posts: 30
edited November 2017 in Chevrolet
I'll be in the market for an EV vehicle. May I have the RV/MF for the Chevy Bolt EV LT? This is for Irvine, CA. Thanks in advance.

36mos/10k
36mos/12k
Tagged:
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Comments

  • kyfdxkyfdx Posts: 116,457
    teocon17 said:

    I'll be in the market for an EV vehicle. May I have the RV/MF for the Chevy Bolt EV LT? This is for Irvine, CA. Thanks in advance.

    36mos/10k
    36mos/12k

    .00088 MF and 61%/60% residual
    $1100 lease cash

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

    Edmunds Moderator

  • someone10someone10 Posts: 1
    May I have the RV/MF for the Chevy Bolt EV LT/Premier? This is for zip code 21042. 36/12k and/or 36/15k. Thanks in advance.
  • kyfdxkyfdx Posts: 116,457
    someone10 said:

    May I have the RV/MF for the Chevy Bolt EV LT/Premier? This is for zip code 21042. 36/12k and/or 36/15k. Thanks in advance.

    36/12: .00088 MF and 60%/59% residual for LT/Premier
    Subtract 2% for 15K/yr
    $1100 lease cash

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

    Edmunds Moderator

  • teocon17teocon17 Posts: 30
    kyfdx said:

    teocon17 said:

    I'll be in the market for an EV vehicle. May I have the RV/MF for the Chevy Bolt EV LT? This is for Irvine, CA. Thanks in advance.

    36mos/10k
    36mos/12k

    .00088 MF and 61%/60% residual
    $1100 lease cash
    Thank you very much.

  • dtopgeardtopgear Posts: 25
    Does Chevy have a 24month/10K lease for the Premier? Would be leasing in the south FL area.
  • kyfdxkyfdx Posts: 116,457
    dtopgear said:

    Does Chevy have a 24month/10K lease for the Premier? Would be leasing in the south FL area.

    Nothing shorter than 36 months on the Bolt

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

    Edmunds Moderator

  • truetaotruetao Posts: 46
    Please post November MF/RV and incentives for the 2017 Chevy Bolt:
    36 months/7500 miles in Los Angeles, CA
    Thank you!
  • MichaellMichaell ColoradoPosts: 107,413
    truetao said:

    Please post November MF/RV and incentives for the 2017 Chevy Bolt:
    36 months/7500 miles in Los Angeles, CA
    Thank you!

    no 7500 mileage allowance from GM; 36/10 numbers are:

    .00088 and 61% (LT) or 60% (Premier); $1100 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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • hurjio98hurjio98 Orange County, CAPosts: 14
    MF/RV for 2017 Bolt LT 36/10 in SoCal for December?
  • MichaellMichaell ColoradoPosts: 107,413
    hurjio said:

    MF/RV for 2017 Bolt LT 36/10 in SoCal for December?

    .00088 and 61%
    $1100 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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mrhaythammrhaytham Posts: 1
    Newbie here.. apologies in advance.
    What does "1100 lease cash" mean... like down payment?

    I got this offer (haven't started negotiations yet) but just wondering what should my goal be? I'm in WA... also all I "really" want is the fast charging... the rest of the options just because that's what's available...

  • MichaellMichaell ColoradoPosts: 107,413
    mrhaytham said:

    Newbie here.. apologies in advance.
    What does "1100 lease cash" mean... like down payment?

    I got this offer (haven't started negotiations yet) but just wondering what should my goal be? I'm in WA... also all I "really" want is the fast charging... the rest of the options just because that's what's available...

    That really isn't an offer, it's the price sheet for the car you're interested in.

    Lease cash is a factory to dealer incentive that works like a rebate to lower the price.

    Suggest you read through the articles at this link to get you started with leasing.

    https://www.edmunds.com/car-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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • cmapes15cmapes15 Posts: 3
    Michaell said:
    MF/RV for 2017 Bolt LT 36/10 in SoCal for December?
    .00088 and 61% $1100 lease cash

    I was trying to get a Bolt Premier lease today, SoCal.

    Quoted 12k mi /yr @ 57% RV
    $3268 in rebates
    Chevy Conquest cash (Honda lease) @ $500.

    Walked on the deal, their tweaks made it a $13k+ lease.

    My questions are:

    - Is this the correct residual? (57%)
    - Is the Conquest cash only $500 this month?
  • kyfdxkyfdx Posts: 116,457
    cmapes15 said:


    Michaell said:

    MF/RV for 2017 Bolt LT 36/10 in SoCal for December?
    .00088 and 61%
    $1100 lease cash

    I was trying to get a Bolt Premier lease today, SoCal.

    Quoted 12k mi /yr @ 57% RV
    $3268 in rebates
    Chevy Conquest cash (Honda lease) @ $500.

    Walked on the deal, their tweaks made it a $13k+ lease.

    My questions are:

    - Is this the correct residual? (57%)
    - Is the Conquest cash only $500 this month?

    57% is the correct residual for 39 months, 12K/yr
    .00088 MF
    $1100 lease cash

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

    Edmunds Moderator

  • cmapes15cmapes15 Posts: 3
    edited December 2017
    kyfdx said:
    57% is the correct residual for 39 months, 12K/yr .00088 MF $1100 lease cash
    That’s what I had thought, glad I walked.

    What is the correct residual value for a Premier trim Bolt Ev in 36mo lease at 12k/yr? 58 or 59%?


  • kyfdxkyfdx Posts: 116,457
    cmapes15 said:


    kyfdx said:


    57% is the correct residual for 39 months, 12K/yr
    .00088 MF
    $1100 lease cash

    That’s what I had thought, glad I walked.

    What is the correct residual value for a Premier trim Bolt Ev in 36mo lease at 12k/yr? 58 or 59%?




    59%

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

    Edmunds Moderator

  • cmapes15cmapes15 Posts: 3
    Thanks!
  • KaimakeKaimake Posts: 10
    Hi, I just spoke with a dealership in Hawaii and they gave me a money factor of .0012958 on a 2017 Bolt. It is much higher than the money factors you are quoting above. Does the dealer set this or does Chevrolet? Does the dealership have the ability to change it?

    Thanks in advance,

    Marc
  • MichaellMichaell ColoradoPosts: 107,413
    Kaimake said:

    Hi, I just spoke with a dealership in Hawaii and they gave me a money factor of .0012958 on a 2017 Bolt. It is much higher than the money factors you are quoting above. Does the dealer set this or does Chevrolet? Does the dealership have the ability to change it?

    Thanks in advance,

    Marc

    Could be a lease from a bank other that GM Financial, which are the only numbers we have.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • KaimakeKaimake Posts: 10
    Great, thank you!
  • kyfdxkyfdx Posts: 116,457
    Kaimake said:

    Great, thank you!

    Also, possible that Hawaii has different lease programs than the mainland.

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

    Edmunds Moderator

  • KaimakeKaimake Posts: 10
    The Chevy Dealership is now telling me the $7500 federal tax credit for the Bolt is actually kept by GM financing and not deducted off the sticker price of the car!! Is this really true or am I getting bad information? When I leased a Leaf several years ago they dropped the sticker price by $7500 without hesitation.

    The deal they are offering on a 2017 Bolt LT is 0$ down, $35,250 net cap, $595 acq. fee, 36 months, 10k and money factor of .00088 for $380/month, without tax. Not even close to where I want to be.

    Thanks again,

    Marc
  • MichaellMichaell ColoradoPosts: 107,413
    Kaimake said:

    The Chevy Dealership is now telling me the $7500 federal tax credit for the Bolt is actually kept by GM financing and not deducted off the sticker price of the car!! Is this really true or am I getting bad information? When I leased a Leaf several years ago they dropped the sticker price by $7500 without hesitation.

    The deal they are offering on a 2017 Bolt LT is 0$ down, $35,250 net cap, $595 acq. fee, 36 months, 10k and money factor of .00088 for $380/month, without tax. Not even close to where I want to be.

    Thanks again,

    Marc

    Dealer is correct; no federal tax credit on the Bolt.

    But, residual values on the Bolt are similar to a "normal" car (61% for 36/10), whereas on the Leaf they are abysmal.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Posts: 116,457
    Kaimake said:

    The Chevy Dealership is now telling me the $7500 federal tax credit for the Bolt is actually kept by GM financing and not deducted off the sticker price of the car!! Is this really true or am I getting bad information? When I leased a Leaf several years ago they dropped the sticker price by $7500 without hesitation.

    The deal they are offering on a 2017 Bolt LT is 0$ down, $35,250 net cap, $595 acq. fee, 36 months, 10k and money factor of .00088 for $380/month, without tax. Not even close to where I want to be.

    Thanks again,

    Marc

    When you lease, the bank always keeps the tax credit. Then, they possibly give you a rebate. However, the tax credit for leasing is less than $7500. When Nissan Credit gave you a $7500 rebate, that was more than they received. So, the bank gets a credit for the Bolt (likely $4000-$5000), but they don't give you nearly that much in a rebate. Why? Bolts are selling well without them passing it along.

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

    Edmunds Moderator

  • nonpulsednonpulsed Posts: 22
    Looking for rate and residual for LT so cal 10,12,15/year. Any lease cash?  Thanks in advance. 
  • kyfdxkyfdx Posts: 116,457
    nonpulsed said:

    Looking for rate and residual for LT so cal 10,12,15/year. Any lease cash?  Thanks in advance. 

    .00088 MF and 61%/60%/58% residual for 36 months
    $1100 lease cash

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

    Edmunds Moderator

  • jsp0626jsp0626 Posts: 7
    Looking for rate and residual for both LT/Premier 36/10 in Portland, OR. Many thanks in advance.
  • MichaellMichaell ColoradoPosts: 107,413
    jsp0626 said:

    Looking for rate and residual for both LT/Premier 36/10 in Portland, OR. Many thanks in advance.

    LT - .00093 and 61%
    Prem - .00075 and 59%
    $1100 lease cash for both

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • jsp0626jsp0626 Posts: 7
    Thanks a ton, Michael. What's the source on your MF info and how often does it change, so I know when I'm talking to the dealer? I was looking at a Bolt Premier in Portland last September and at the time their worksheet reflected a MF of .00164.
  • kyfdxkyfdx Posts: 116,457
    jsp0626 said:

    Thanks a ton, Michael. What's the source on your MF info and how often does it change, so I know when I'm talking to the dealer? I was looking at a Bolt Premier in Portland last September and at the time their worksheet reflected a MF of .00164.

    We can't reveal our sources, other than to say it's the same numbers the dealers have.

    Rates change monthly

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

    Edmunds Moderator

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