2018 Chevy Bolt EV Lease Deals and Prices

Michaell

gp_bayarea said:

Hi,

Can you please list the Incentives, RV and MF for the following:
1) Bolt LT, 36/15 - zip 94087
2) Bolt LT, 36/12 - zip 94087
3) Bolt LT, 36/15 - zip 95020
4) Bolt Premier, 36/15 - zip 94087

I presume RV is fixed by the manufacturer and isn't negotiable. How negotiable is the MF with the dealer? I am trying to land a $0 down lease. Will paying more upfront get the MF down?

Thanks, GP

Same numbers for both ZIP codes

36/15
LT - .00130 and 55%
Premier - .00111 and 53%
$3000 customer incentive for both

RV is fixed by the bank.

MF is for top tier credit; no amount of money down will lower it.

gp_bayarea

Thank you, @Michaell for the quotes on Chevy Bolt LT in Bay Area zip codes - much appreciated!

A few addtional questions:
1) Since MF is just lending money at an interest rate, why the differences in LT vs Premier? Is it that Chevy is just incentivizing higher priced Premier?
2) Changing of MF month-over-month: Is this also the Chevy playing with lending rates to steer customers certain way? (The general rates don't fluctuate as much on a monthly basis).
3) RV are presumably changing due to changes in resale value evaluation by the bank? It is surprising that they change month-over-month.
4) Assume the MF & RV & Incentives are controlled by bank / Chevy - we can't really predict changes / trends in these from September to October, right?

Thanks, GP

Michaell said:

gp_bayarea said:

Hi,

Can you please list the Incentives, RV and MF for the following:
1) Bolt LT, 36/15 - zip 94087
2) Bolt LT, 36/12 - zip 94087
3) Bolt LT, 36/15 - zip 95020
4) Bolt Premier, 36/15 - zip 94087

I presume RV is fixed by the manufacturer and isn't negotiable. How negotiable is the MF with the dealer? I am trying to land a $0 down lease. Will paying more upfront get the MF down?

Thanks, GP

Same numbers for both ZIP codes

36/15
LT - .00130 and 55%
Premier - .00111 and 53%
$3000 customer incentive for both

RV is fixed by the bank.

MF is for top tier credit; no amount of money down will lower it.

Michaell

gp_bayarea said:

Thank you, @Michaell for the quotes on Chevy Bolt LT in Bay Area zip codes - much appreciated!

A few addtional questions:
1) Since MF is just lending money at an interest rate, why the differences in LT vs Premier? Is it that Chevy is just incentivizing higher priced Premier?
2) Changing of MF month-over-month: Is this also the Chevy playing with lending rates to steer customers certain way? (The general rates don't fluctuate as much on a monthly basis).
3) RV are presumably changing due to changes in resale value evaluation by the bank? It is surprising that they change month-over-month.
4) Assume the MF & RV & Incentives are controlled by bank / Chevy - we can't really predict changes / trends in these from September to October, right?

Thanks, GP

Michaell said:

gp_bayarea said:

Hi,

Can you please list the Incentives, RV and MF for the following:
1) Bolt LT, 36/15 - zip 94087
2) Bolt LT, 36/12 - zip 94087
3) Bolt LT, 36/15 - zip 95020
4) Bolt Premier, 36/15 - zip 94087

I presume RV is fixed by the manufacturer and isn't negotiable. How negotiable is the MF with the dealer? I am trying to land a $0 down lease. Will paying more upfront get the MF down?

Thanks, GP

Same numbers for both ZIP codes

36/15
LT - .00130 and 55%
Premier - .00111 and 53%
$3000 customer incentive for both

RV is fixed by the bank.

MF is for top tier credit; no amount of money down will lower it.

1. Likely
2. See #1, above
3. See #1, above
4. No predictions

Bach707

I am in Sonoma County, CA (95472) where Sonoma Clean Power is offering $2000 incentive to purchase the Bolt. The dealer is giving $4000 discount and GM is giving $2000. The car I am interested in is

2018 Bolt LT
36 months
12,000 miles
MSRP: 39,395
Sale price: 35,395
Amt Fin / Net Cap: 32,156.85 (I'm not sure what this # represents....)
Taxes / Fees 2482.08

Add ons:
DC Fast Charge
Driver Confidence pkg
Comfort & Convenience pkg
All weather floor mats

Their offer is:
$14,729 one pay
57% residual

I don't get their math as to how I'm getting all the Incentives. Is this a good deal? I thought I could do a lot better based on what I've seen on Leasehackr Forum.

Michaell

Bach707 said:

I am in Sonoma County, CA (95472) where Sonoma Clean Power is offering $2000 incentive to purchase the Bolt. The dealer is giving $4000 discount and GM is giving $2000. The car I am interested in is

2018 Bolt LT
36 months
12,000 miles
MSRP: 39,395
Sale price: 35,395
Amt Fin / Net Cap: 32,156.85 (I'm not sure what this # represents....)
Taxes / Fees 2482.08

Add ons:
DC Fast Charge
Driver Confidence pkg
Comfort & Convenience pkg
All weather floor mats

Their offer is:
$14,729 one pay
57% residual

I don't get their math as to how I'm getting all the Incentives. Is this a good deal? I thought I could do a lot better based on what I've seen on Leasehackr Forum.

.00130 and 57%

CA taxes the monthly payment, so you need to understand what the $2500 in taxes and fees are for (some of it is the tax on the incentives, and the acquisition fee, but get a breakdown)

With the MSRP and net cap cost, I get $340/mo plus tax.

I don't know if there is a discount to the MF for a one-pay lease. $12,240 before tax, so the one-pay quote seems high.

Jean

Hello @Michaell,

Can you please provide the RV/MF/incentives?

Car: 2018 Bolt LT and Premiere
Terms: 36/10k, 36/12k
Zip code: 94403

Thanks

Michaell

Jean said:

Hello @Michaell,

Can you please provide the RV/MF/incentives?

Car: 2018 Bolt LT and Premiere
Terms: 36/10k, 36/12k
Zip code: 94403

Thanks

36/12
LT - .00130 and 57%
Premier - .00111 and 55%
$3000 customer incentive

Jean

Michaell said:

Jean said:

Hello @Michaell,

Can you please provide the RV/MF/incentives?

Car: 2018 Bolt LT and Premiere
Terms: 36/10k, 36/12k
Zip code: 94403

Thanks

36/12
LT - .00130 and 57%
Premier - .00111 and 55%
$3000 customer incentive

Thanks for the quick response! Do you have the numbers for 36/10k?

Michaell

Jean said:

Michaell said:

Jean said:

Hello @Michaell,

Can you please provide the RV/MF/incentives?

Car: 2018 Bolt LT and Premiere
Terms: 36/10k, 36/12k
Zip code: 94403

Thanks

36/12
LT - .00130 and 57%
Premier - .00111 and 55%
$3000 customer incentive

Thanks for the quick response! Do you have the numbers for 36/10k?

Add 1% to residual

lithium007

I'm trying to understand how one-pay lease works with respect to total loss of car. If I lease a new Bolt and there is a total loss the same day, what happens to the one-pay amount? I'm reading mixed responses online...some say that pro-rated amount will be refunded and one dealer I contacted said that I'd lose all the money. Can someone throw some light on this? Will gap insurance help in this case?

Michaell

lithium007 said:

I'm trying to understand how one-pay lease works with respect to total loss of car. If I lease a new Bolt and there is a total loss the same day, what happens to the one-pay amount? I'm reading mixed responses online...some say that pro-rated amount will be refunded and one dealer I contacted said that I'd lose all the money. Can someone throw some light on this? Will gap insurance help in this case?

As I understand it, the one pay amount goes into an escrow account, and the monthly payment is withdrawn and applied, er, monthly.

If the car is stolen or totaled during the lease, the balance in the escrow account is returned to you.

prk

Hi, Could you please tell me the Bolt LT and Premier residual and MF for 36/10k and 36/12k

Residual, MF and incentives for ...

LT: 36/12
LT: 36/10

Premier: 36/10
Premier: 36/12

Zip: 95070

Thank you, prk.

kyfdx

prk said:

Hi, Could you please tell me the Bolt LT and Premier residual and MF for 36/10k and 36/12k

Residual, MF and incentives for ...

LT: 36/12
LT: 36/10

Premier: 36/10
Premier: 36/12

Zip: 95070

Thank you, prk.

36/12
LT: .00130 MF and 57% residual
Premier: .00111 MF and 55% residual

$3000 incentive

Add 1% for 10K/yr

bobes25

Hello @Michaell,

Can you please provide the RV/MF/incentives?

Car: 2018 Bolt LT
Terms: 36/15k
Zip code: 94063

would a 2019 be different?

Michaell

bobes25 said:

Hello @Michaell,

Can you please provide the RV/MF/incentives?

Car: 2018 Bolt LT
Terms: 36/15k
Zip code: 94063

would a 2019 be different?

.00130 and 55%
$3000 lease incentive

Yes, 2019 numbers are different; I've just opened up a new 2019 Bolt lease thread, here:

https://forums.edmunds.com/discussion/52522/chevrolet/bolt-ev/2019-chevrolet-bolt-ev-lease-deals-and-prices/p1?new=1

juny916

kyfdx said:

juny916 said:

Hello,

Can you please provide the RV and MF for 2018 Bolt LT and Premiere in 91755

24/12k
36/12k

Thanks!

24 month term is not offered

36/12
LT: .00130 MF and 57% residual
Premiere: .00111 MF and 55% residual

$1500 Chevrolet Select Market Incremental CCR

How does this deal look:

2018 Bolt LT
MSRP: $39,295
- Driver Confidence
- Comfort and Conveneince
- DC Fast Charge

Selling price: $30,792

36/12k

RV 57%
MF .00130

0 down payment
0 drive off

$350.00 including 9.5% tax

kyfdx

juny916 said:

kyfdx said:

juny916 said:

Hello,

Can you please provide the RV and MF for 2018 Bolt LT and Premiere in 91755

24/12k
36/12k

Thanks!

24 month term is not offered

36/12
LT: .00130 MF and 57% residual
Premiere: .00111 MF and 55% residual

$1500 Chevrolet Select Market Incremental CCR

How does this deal look:

2018 Bolt LT
MSRP: $39,295
- Driver Confidence
- Comfort and Conveneince
- DC Fast Charge

Selling price: $30,792

36/12k

RV 57%
MF .00130

0 down payment
0 drive off

$350.00 including 9.5% tax

That looks great!

saintyohann

Howdy @Michaell

Supposedly GM Financial offers a 48 month lease too. Would you be so kind as to give me the numbers for a 2018 Bolt LT 48-month, 15k mi/year, CA 91942?
-Thanks

kyfdx

saintyohann said:

Howdy @Michaell

Supposedly GM Financial offers a 48 month lease too. Would you be so kind as to give me the numbers for a 2018 Bolt LT 48-month, 15k mi/year, CA 91942?
-Thanks

.00201 MF and 45% residual
$3000 incentive

going to a longer term dilutes the monthly value of the incentive.
48 months is not likely to result in a lower payment, in this case.

sktrojan

Hello experts:

Can you please provide me the MF, residual and incentives for a 2018 Bolt LT and Premier (36m/12k)? I'm located in So. Cal. Not sure if September/October numbers are the same. Thanks in advance. 

Michaell

sktrojan said:

Hello experts:

Can you please provide me the MF, residual and incentives for a 2018 Bolt LT and Premier (36m/12k)? I'm located in So. Cal. Not sure if September/October numbers are the same. Thanks in advance. 

We don't have the October numbers yet, so can't say.

LT - .00130 and 57%
Premier - .00111 and 55%
$3000 customer incentive on both

sktrojan

Thank you @Michaell. 

saintyohann

@Michaell, October's number are supposedly coming out on Tuesday. Could you post those when you have them? Thanks.

Jean

Can you please provide the RV/MF/incentives for October?

Car: 2018 Chevy Bolt LT. Premier
Terms: 36/10k, 26/12k
Zip code: 94403

Thanks

saintyohann

I think you need to tag @Michaell to get a response.

Jean said:

Can you please provide the RV/MF/incentives for October?

Car: 2018 Chevy Bolt LT. Premier
Terms: 36/10k, 26/12k
Zip code: 94403

Thanks

kyfdx

saintyohann said:

I think you need to tag @Michaell to get a response.

Jean said:

Can you please provide the RV/MF/incentives for October?

Car: 2018 Chevy Bolt LT. Premier
Terms: 36/10k, 26/12k
Zip code: 94403

Thanks

Actually, no need to do that... ;-)

kyfdx

Jean said:

Can you please provide the RV/MF/incentives for October?

Car: 2018 Chevy Bolt LT. Premier
Terms: 36/10k, 26/12k
Zip code: 94403

Thanks

36/12
LT: .00130 MF and 57% residual
Premier: .00111 MF and 55% residual

$3000 customer incentive

prk

kyfdx said:

Jean said:

Can you please provide the RV/MF/incentives for October?

Car: 2018 Chevy Bolt LT. Premier
Terms: 36/10k, 26/12k
Zip code: 94403

Thanks

36/12
LT: .00130 MF and 57% residual
Premier: .00111 MF and 55% residual

$3000 customer incentive

When I calculate lease payment - How do I interpret the 3000 incentive? Is this part of federal rebate that chevy wants to pass on to consumers?

Here is what I found from one dealer.

In the zip: 95051,
MSRP 38,245
Selling Price: 34,245
The quote I got was 426.68 + tax (sign and drive) for 36/12. No other details.


Really appreciate your help with the lease numbers.

Thanks
prk

kyfdx

prk said:

kyfdx said:

Jean said:

Can you please provide the RV/MF/incentives for October?

Car: 2018 Chevy Bolt LT. Premier
Terms: 36/10k, 26/12k
Zip code: 94403

Thanks

36/12
LT: .00130 MF and 57% residual
Premier: .00111 MF and 55% residual

$3000 customer incentive

When I calculate lease payment - How do I interpret the 3000 incentive? Is this part of federal rebate that chevy wants to pass on to consumers?

Here is what I found from one dealer.

In the zip: 95051,
MSRP 38,245
Selling Price: 34,245
The quote I got was 426.68 + tax (sign and drive) for 36/12. No other details.


Really appreciate your help with the lease numbers.

Thanks
prk

I would guess from that quote, that they've already included the $3000 in their quote.
The only way to know, is to ask them.

You have to press for the details. Otherwise, the quote is useless.

tk_2010

Please inform:

Residual and MF 36/10 && 36/12 for Chevy BOLT LT and Premier.
Plus any incentives?
Plus any 2018 bolt clearance promotions in California?
Zip 94536, Fremont, CA

kyfdx

tk_2010 said:

Please inform:

Residual and MF 36/10 && 36/12 for Chevy BOLT LT and Premier.
Plus any incentives?
Plus any 2018 bolt clearance promotions in California?
Zip 94536, Fremont, CA

36/12
.00130 MF and 57% residual
$3000 customer incentive

Lasan

Can you please provide the RV/MF/ and all incentives for October?

Car: 2019 Chevy Bolt LT and Premier
Terms: 36/10k, 36/12k
Zip code: 21075

Thank you very much.

kyfdx

Lasan said:

Can you please provide the RV/MF/ and all incentives for October?

Car: 2019 Chevy Bolt LT and Premier
Terms: 36/10k, 36/12k
Zip code: 21075

Thank you very much.

Please post 2019 questions, here:
https://forums.edmunds.com/discussion/52522/chevrolet/bolt-ev/2019-chevrolet-bolt-ev-lease-deals-and-prices#latest

Lasan

Thanks. Will do.

fadd2018

Would you please provide the RV/MF/ and all incentives for October?

Car: 2018 Chevy Bolt LT
Terms: 36/10k, 36/12k
Zip code: 90211

Thank you!

kyfdx

fadd2018 said:

Would you please provide the RV/MF/ and all incentives for October?

Car: 2018 Chevy Bolt LT
Terms: 36/10k, 36/12k
Zip code: 90211

Thank you!

36/12
.00130 MF and 57% residual
$3000 incentive

onewiththeh

Hello folks,

I am getting the following deal for the 2018 Bolt LT with Confidence Package
36/12 - 410 incl tax, 0 down
36/10 - 398 incl tax, 0 down

Can you please comment on this deal? I am trying to get more info but does this already include the discounts?

My zip is 95133(Bay area)

Thanks a lot!

Michaell

onewiththeh said:

Hello folks,

I am getting the following deal for the 2018 Bolt LT with Confidence Package
36/12 - 410 incl tax, 0 down
36/10 - 398 incl tax, 0 down

Can you please comment on this deal? I am trying to get more info but does this already include the discounts?

My zip is 95133(Bay area)

Thanks a lot!

What is the MSRP?
What is the selling price?
What is the adjusted CAP cost?
$0 down or $0 due at signing?

36/12 - .00130 and 57%; $3000 customer incentive

onewiththeh

Michaell said:

onewiththeh said:

What is the MSRP?
What is the selling price?
What is the adjusted CAP cost?
$0 down or $0 due at signing?

36/12 - .00130 and 57%; $3000 customer incentive

Thanks for the response. The sales agent mentioned the following
CAP cost = 33738
Residual = 22910

36/10 - 410 incl tax, no downpayment(first payment = first month + fees etc)

kyfdx

onewiththeh said:

Michaell said:

onewiththeh said:

What is the MSRP?
What is the selling price?
What is the adjusted CAP cost?
$0 down or $0 due at signing?

36/12 - .00130 and 57%; $3000 customer incentive

Thanks for the response. The sales agent mentioned the following
CAP cost = 33738
Residual = 22910

36/10 - 410 incl tax, no downpayment(first payment = first month + fees etc)

Payment looks about right with those numbers.
MSRP around $40K?

paulbo0

Looking for lease number on Premiere. 36/10k & 36/12k. Zip code 91352. Thanks!

Aerialviews007

Hi, can I get MF, RV and incentives for Volt LT? 36mo/10k zip 75001

Thanks!

kyfdx

Aerialviews007 said:

Hi, can I get MF, RV and incentives for Volt LT? 36mo/10k zip 75001

Thanks!

Volt or Bolt? This is the Bolt discussion

kyfdx

paulbo0 said:

Looking for lease number on Premiere. 36/10k & 36/12k. Zip code 91352. Thanks!

36/12
.00111 MF and 55% residual
$3000 customer incentive

onewiththeh

kyfdx said:

onewiththeh said:

Michaell said:

onewiththeh said:

What is the MSRP?
What is the selling price?
What is the adjusted CAP cost?
$0 down or $0 due at signing?

36/12 - .00130 and 57%; $3000 customer incentive

Thanks for the response. The sales agent mentioned the following
CAP cost = 33738
Residual = 22910

36/10 - 410 incl tax, no downpayment(first payment = first month + fees etc)

Payment looks about right with those numbers.
MSRP around $40K?

Thanks. How would you rate this quote? excellent/good/average/bad

kyfdx

onewiththeh said:

kyfdx said:

onewiththeh said:

Michaell said:

onewiththeh said:

What is the MSRP?
What is the selling price?
What is the adjusted CAP cost?
$0 down or $0 due at signing?

36/12 - .00130 and 57%; $3000 customer incentive

Thanks for the response. The sales agent mentioned the following
CAP cost = 33738
Residual = 22910

36/10 - 410 incl tax, no downpayment(first payment = first month + fees etc)

Payment looks about right with those numbers.
MSRP around $40K?

Thanks. How would you rate this quote? excellent/good/average/bad

Sorry... don't follow pricing enough to really know.

It seems reasonable, relative to MSRP

ick

between chevy bolt and volt, who has better resale value after 5 years and what is the residual value?

Michaell

ick said:

between chevy bolt and volt, who has better resale value after 5 years and what is the residual value?

We don't have that information available - if you use the "new cars" tab at the top of this page, you can link to the price tools and it might contain what you are looking for.

My intuition says the Volt will have a better resale value in 5 years, as it's unknown what improvements to battery technology will occur in that time frame.

kimchei1125

Hi could you help me 39month 15k/yr LT trim?

11554

MF and RV

Thank you. 

kyfdx

kimchei1125 said:

Hi could you help me 39month 15k/yr LT trim?

11554

MF and RV

Thank you. 

.00130 MF and 52% residual
$3000 customer incentive