2019 Chevrolet Volt Lease Deals and Prices

24

Comments

  • MChanMChan Member Posts: 6
    HI, can I get the MF and RV and any incentives for 2019 Volt LT 36/10 for zip code 91405?
  • MichaellMichaell Moderator Posts: 264,391
    MChan said:

    HI, can I get the MF and RV and any incentives for 2019 Volt LT 36/10 for zip code 91405?

    .00104 and 50%
    $1800 lease cash
    $2500 customer incentive

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  • MChanMChan Member Posts: 6
    Thanks for the reply. With my former EV lease, I was able to have the VW dealer credit me the $7500 federal rebate on top of a small incentive. With the 2019 Volt, you've stated lease cash of $1800 and $2500 customer incentive- is it reasonable to ask my potential Chevy dealer to include a substantial portion of their $7500 federal rebate into the deal as well? Or is the current lease cash and customer incentive combination of $4300 likely as far as a dealer will go? I'm just slightly confused on weather the federal rebate gives me additional negotiating room on top of these incentives you've provided.
  • kyfdxkyfdx Moderator Posts: 267,627
    MChan said:

    Thanks for the reply. With my former EV lease, I was able to have the VW dealer credit me the $7500 federal rebate on top of a small incentive. With the 2019 Volt, you've stated lease cash of $1800 and $2500 customer incentive- is it reasonable to ask my potential Chevy dealer to include a substantial portion of their $7500 federal rebate into the deal as well? Or is the current lease cash and customer incentive combination of $4300 likely as far as a dealer will go? I'm just slightly confused on weather the federal rebate gives me additional negotiating room on top of these incentives you've provided.

    Dealers don't get the Federal tax credit, or the rebate.

    The rebate came from VW. Even though it was the same amount as the Federal tax credit, it was not the actual tax credit, as a lessee doesn't get the credit.

    GM provides the lease cash and incentive. Those are the incentives they've decided are needed to sell the car. You should also negotiate a discount from the dealer, in addition to the incentives.

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  • evrevolutionevrevolution Member Posts: 4
    I realize that there are no more Chevy Volt $199/month lease deals available, but I would still like to understand what are the numbers that were used in such deals late in 2018?

    At minimum, what were the interest rates, lease cash, and customer incentives used in such deals? What was the residual?

    Where was the $3500 (approximately) that GM Leasing gives back from $7500 tax hidden in those numbers?

    Ideally I want all the numbers that I could plug into a Leasing calculator that would then spit out $199/month as the lease price.
  • kyfdxkyfdx Moderator Posts: 267,627

    I realize that there are no more Chevy Volt $199/month lease deals available, but I would still like to understand what are the numbers that were used in such deals late in 2018?

    At minimum, what were the interest rates, lease cash, and customer incentives used in such deals? What was the residual?

    Where was the $3500 (approximately) that GM Leasing gives back from $7500 tax hidden in those numbers?

    Ideally I want all the numbers that I could plug into a Leasing calculator that would then spit out $199/month as the lease price.

    We don't have access to last month's numbers.

    Feel free to read back through this discussion, to see if you can piece it together.

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  • hggiyshggiys Member Posts: 7
    Are lease rates available for January? 94030. 36/12k. (-2% for 15k?) looking for both LT and Premier. Thanks!
  • MichaellMichaell Moderator Posts: 264,391
    hggiys said:

    Are lease rates available for January? 94030. 36/12k. (-2% for 15k?) looking for both LT and Premier. Thanks!

    LT - .00104 and 49%
    Prem - .00116 and 48%
    $1800 lease cash
    $2500 customer incentive

    Yes, subtract 2% for 15K

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  • bayarea328xitbayarea328xit Member Posts: 3
    Lease rates for Premier 36/10k -- dealer is in 92626, I'm in 94085 -- which one determines lease terms if they are different for the different zip codes?
  • MichaellMichaell Moderator Posts: 264,391

    Lease rates for Premier 36/10k -- dealer is in 92626, I'm in 94085 -- which one determines lease terms if they are different for the different zip codes?

    Pretty sure the numbers are the same for all of CA

    .00116 and 49%
    $1800 lease cash
    $2500 customer incentive

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  • bayarea328xitbayarea328xit Member Posts: 3
    Very helpful. Thank you! Can you please also post the terms for Premier 39/10k -- thanks in advance.
  • kyfdxkyfdx Moderator Posts: 267,627

    Very helpful. Thank you! Can you please also post the terms for Premier 39/10k -- thanks in advance.

    47% residual

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  • bayarea328xitbayarea328xit Member Posts: 3
    Thank you. I am having trouble figuring out what Chevrolet assumes for the lease acquisition fee when it provides a lease quote in the "Build & Price" Summary. My estimate is that they are assuming around $625 -- does this sound right?
  • kyfdxkyfdx Moderator Posts: 267,627

    Thank you. I am having trouble figuring out what Chevrolet assumes for the lease acquisition fee when it provides a lease quote in the "Build & Price" Summary. My estimate is that they are assuming around $625 -- does this sound right?

    As far as I know, the acquisition fee is $595.

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  • Rs0103Rs0103 Member Posts: 2
    Hello there, wondering if you had MF, RV and current incentives on 36/12, 36/15 in area code 92688. Thanks for the help!
  • MichaellMichaell Moderator Posts: 264,391
    Rs0103 said:

    Hello there, wondering if you had MF, RV and current incentives on 36/12, 36/15 in area code 92688. Thanks for the help!

    What trim level?

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  • Rs0103Rs0103 Member Posts: 2
    Michaell said:
    Hello there, wondering if you had MF, RV and current incentives on 36/12, 36/15 in area code 92688. Thanks for the help!
    What trim level?
    LT, sorry about that 
  • MichaellMichaell Moderator Posts: 264,391
    Rs0103 said:


    Michaell said:

    Rs0103 said:

    Hello there, wondering if you had MF, RV and current incentives on 36/12, 36/15 in area code 92688. Thanks for the help!

    What trim level?

    LT, sorry about that 

    36/15
    .00104 and 47%
    $1800 lease cash
    $2500 customer incentive

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  • evrevolutionevrevolution Member Posts: 4
    kyfdx said:

    I realize that there are no more Chevy Volt $199/month lease deals available, but I would still like to understand what are the numbers that were used in such deals late in 2018?

    At minimum, what were the interest rates, lease cash, and customer incentives used in such deals? What was the residual?

    Where was the $3500 (approximately) that GM Leasing gives back from $7500 tax hidden in those numbers?

    Ideally I want all the numbers that I could plug into a Leasing calculator that would then spit out $199/month as the lease price.

    We don't have access to last month's numbers.

    Feel free to read back through this discussion, to see if you can piece it together.
    I did read through prior posts, and I could never find a post that made it clear how to get to $199/month.

    I can't believe that such a good lease deal would not have terms that others had not memorized? No one reading here leased this car at that price?

    This is unfortunately why I drive my cars into the ground and buy once every 15 years. The effort required to get any level of information on a new car is so difficult and so time consuming I usually just give up.
  • Joshua FeinzeigJoshua Feinzeig Member Posts: 30
    HI MF RV incentives 2019 Volt LT and Premier zip 11230

    36/12
    24/12 (if avail)

    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,627

    HI MF RV incentives 2019 Volt LT and Premier zip 11230

    36/12
    24/12 (if avail)

    Thanks!

    LT: .00114 MF and 50% residual. $2540 lease cash
    Premier: .00110 MF and 49% residual. $2165 lease cash

    +$3500 customer incentive (either trim)

    We don't show any terms shorter than 36 months

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  • Aframes1Aframes1 Member Posts: 12
    Can you tell me what lease deals look like for a 2019 Chevy Volt Premier

    92024

    MF
    Depreciation

    36/10
    36/12
  • Aframes1Aframes1 Member Posts: 12
    Any customer incentive ?
  • MichaellMichaell Moderator Posts: 264,391
    Aframes1 said:

    Can you tell me what lease deals look like for a 2019 Chevy Volt Premier

    92024

    MF
    Depreciation

    36/10
    36/12

    Aframes1 said:

    Any customer incentive ?

    36/12
    .00116 and 48%
    $1800 lease cash
    $2500 customer incentive

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  • Aframes1Aframes1 Member Posts: 12
    This is before any federal rebate correct? Or is this the federal rebate. Right now they are showing a federal rebate of $4300 plus Dealer savings of $3750. I just want to be clear that your $1800 lease cash and $2500 incentive is apart from the federal tax break that they are giving in the form of a rebate
  • MichaellMichaell Moderator Posts: 264,391
    Aframes1 said:

    This is before any federal rebate correct? Or is this the federal rebate. Right now they are showing a federal rebate of $4300 plus Dealer savings of $3750. I just want to be clear that your $1800 lease cash and $2500 incentive is apart from the federal tax break that they are giving in the form of a rebate

    The incentives are in lieu of the federal tax credit. You don't get those, as you are not the owner of the vehicle.

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  • Aframes1Aframes1 Member Posts: 12
    Michaell - please see below and let me know your thoughts

    Lease Details
    Retail Price:
    40,730.00
    Sales Price:
    36,980.00
    Savings:
    3,750.00
    Accessories:
    0.00
    Service Contract:
    0.00
    Government Fees:
    706.37
    Proc/Doc Fees:
    122.75
    Capitalized Taxes:
    0.00
    Security Deposit:
    0.00
    Acquisition Fee:
    650.00
    Gross Cap Cost:
    37,734.99
    Trade Allowance:
    0.00
    Trade Payoff:
    0.00
    Trade Equity:
    0.00
    Rebate:
    4,300.00
    Cash Down:
    4,771.00
    Net Cap Cost:
    30,346.88
  • MichaellMichaell Moderator Posts: 264,391
    Aframes1 said:

    Michaell - please see below and let me know your thoughts

    Lease Details
    Retail Price:
    40,730.00
    Sales Price:
    36,980.00
    Savings:
    3,750.00
    Accessories:
    0.00
    Service Contract:
    0.00
    Government Fees:
    706.37
    Proc/Doc Fees:
    122.75
    Capitalized Taxes:
    0.00
    Security Deposit:
    0.00
    Acquisition Fee:
    650.00
    Gross Cap Cost:
    37,734.99
    Trade Allowance:
    0.00
    Trade Payoff:
    0.00
    Trade Equity:
    0.00
    Rebate:
    4,300.00
    Cash Down:
    4,771.00
    Net Cap Cost:
    30,346.88

    Is the cash down in addition to the rebate, or is it the difference? ($471)

    Did you get a payment quote with all those numbers? :wink:

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  • Aframes1Aframes1 Member Posts: 12
    Cash down is in addition

    Showing a payment of $386 on a 36/12k
  • MichaellMichaell Moderator Posts: 264,391
    Aframes1 said:

    Cash down is in addition

    Showing a payment of $386 on a 36/12k

    We would recommend the only cash from you cover the first payment and registration costs.

    Anything beyond that will be at risk if the car is stolen or totaled.

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  • spencerxdspencerxd Member Posts: 4
    Can I please have the updated MF, RV, and incentives/rebates for the 2019 Volt LT trim for March 2019? Zipcode 92672

    What is the MF for a one-pay lease for Feb 2019? for Mar 2019? Thank you.

  • MichaellMichaell Moderator Posts: 264,391
    edited February 2019
    spencerxd said:

    Can I please have the updated MF, RV, and incentives/rebates for the 2019 Volt LT trim for March 2019? Zipcode 92672

    What is the MF for a one-pay lease for Feb 2019? for Mar 2019? Thank you.

    March numbers will be available in March.

    February MF info
    .00114 base MF for LT
    .00073 discount for one-pay
    .00041 net MF for one-pay

    48% residual for 36/15
    $3500 customer incentive
    $2450 lease cash

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  • spencerxdspencerxd Member Posts: 4
    Michaell said:

    spencerxd said:

    Can I please have the updated MF, RV, and incentives/rebates for the 2019 Volt LT trim for March 2019? Zipcode 92672

    What is the MF for a one-pay lease for Feb 2019? for Mar 2019? Thank you.

    March numbers will be available in March.

    February MF info
    .00114 base MF for LT
    .00073 discount for one-pay
    .00041 net MF for one-pay

    48% residual for 36/15
    $3500 customer incentive
    $2450 lease cash
    thanks so much. what is the info for 36/12 ?
  • MichaellMichaell Moderator Posts: 264,391
    spencerxd said:

    Michaell said:

    spencerxd said:

    Can I please have the updated MF, RV, and incentives/rebates for the 2019 Volt LT trim for March 2019? Zipcode 92672

    What is the MF for a one-pay lease for Feb 2019? for Mar 2019? Thank you.

    March numbers will be available in March.

    February MF info
    .00114 base MF for LT
    .00073 discount for one-pay
    .00041 net MF for one-pay

    48% residual for 36/15
    $3500 customer incentive
    $2450 lease cash
    thanks so much. what is the info for 36/12 ?
    50% residual

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  • spencerxdspencerxd Member Posts: 4
    edited February 2019
    spencerxd said:

    Michaell said:

    spencerxd said:

    Can I please have the updated MF, RV, and incentives/rebates for the 2019 Volt LT trim for March 2019? Zipcode 92672

    What is the MF for a one-pay lease for Feb 2019? for Mar 2019? Thank you.

    March numbers will be available in March.

    February MF info
    .00114 base MF for LT
    .00073 discount for one-pay
    .00041 net MF for one-pay

    48% residual for 36/15
    $3500 customer incentive
    $2450 lease cash
    thanks so much. what is the info for 36/12 ?
    Thanks again. Please excuse any of my questions, I'm still pretty new to leasing. The 0.0014 MF, $3500 incentive and $2450 lease cash are substantially different than the 0.00104 MF, $2500 incentive, and $1800 lease cash I have seen posted for other socal zipcodes in Feb. Has there been a big change?

    This is for the volt LT, 36/12, 92762 and 92626 zipcodes.
  • kyfdxkyfdx Moderator Posts: 267,627
    spencerxd said:

    spencerxd said:

    Michaell said:

    spencerxd said:

    Can I please have the updated MF, RV, and incentives/rebates for the 2019 Volt LT trim for March 2019? Zipcode 92672

    What is the MF for a one-pay lease for Feb 2019? for Mar 2019? Thank you.

    March numbers will be available in March.

    February MF info
    .00114 base MF for LT
    .00073 discount for one-pay
    .00041 net MF for one-pay

    48% residual for 36/15
    $3500 customer incentive
    $2450 lease cash
    thanks so much. what is the info for 36/12 ?
    Thanks again. Please excuse any of my questions, I'm still pretty new to leasing. The 0.0014 MF, $3500 incentive and $2450 lease cash are substantially different than the 0.00104 MF, $2500 incentive, and $1800 lease cash I have seen posted for other socal zipcodes in Feb. Has there been a big change?

    This is for the volt LT, 36/12, 92762 and 92626 zipcodes.
    Yeah, looks like @Michaell was looking at a different model

    2019 Volt LT
    36/12
    .00104 MF and 49% residual
    $1800 lease cash
    $2500 customer incentive

    The one-pay discount is minus .00073

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  • spencerxdspencerxd Member Posts: 4
    @kyfdx Thanks for clarifying.

    Any word on the new March MF, RV, incentives/rebates and one-pay MF for the 2019 volt LT, 36/12, for 92626 zipcode now that we are in the new month?
  • kyfdxkyfdx Moderator Posts: 267,627
    spencerxd said:

    @kyfdx Thanks for clarifying.

    Any word on the new March MF, RV, incentives/rebates and one-pay MF for the 2019 volt LT, 36/12, for 92626 zipcode now that we are in the new month?

    No changes from last month

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  • arrosenarrosen Member Posts: 22
    Hi.
    I have a few questions

    I'm in So Cal (91301, for example)

    Dealer is advertising the following:
    $1,500 Lease Loyalty Program
    $1,000 19-40AE:2 Chevrolet Select Market Bonus Cash Program

    Are these in addition to the $1,800 lease cash and $2,500 customer incentive?
    Is the Lease Cash available to me if I currently have a GM lease? Or is it for a non-GM lease?
    Are there any other incentives for State Employees or Teachers?
    Are all of these incentives available on top of Family Pricing (My neighbor works for GM)

    Thanks
  • llgoldingllgolding Member Posts: 2
    Hi, New here, New Month. May I please have MF, RV, and incentives/rebates for a 2019 Volt Prem for March 2019? Zip code 22309 36mo/12kmi. I've heard of various dealer splits of the Fed 7.5k$ rebate from 10-60%, any chance of that, last month? For MF I have a very high credit rating, for incentives I'm a current volt lease holder but that seems to have just expired 2-28. lease is up now-gotta buy/lease asap. I have 5 dealers quotes lease or buy all over the map. I have offer prices negotiated down to (msrp/offer) 38,995/31,975 and 40,830/32,9750. Thank you
  • MichaellMichaell Moderator Posts: 264,391
    arrosen said:

    Hi.
    I have a few questions

    I'm in So Cal (91301, for example)

    Dealer is advertising the following:
    $1,500 Lease Loyalty Program
    $1,000 19-40AE:2 Chevrolet Select Market Bonus Cash Program

    Are these in addition to the $1,800 lease cash and $2,500 customer incentive?
    Is the Lease Cash available to me if I currently have a GM lease? Or is it for a non-GM lease?
    Are there any other incentives for State Employees or Teachers?
    Are all of these incentives available on top of Family Pricing (My neighbor works for GM)

    Thanks

    The loyalty is in addition to the lease cash and customer incentive.
    The bonus cash is not a lease incentive, but applicable for purchase only

    The loyalty is for current GM Financial customers

    no info on any other incentives or programs

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  • MichaellMichaell Moderator Posts: 264,391
    llgolding said:

    Hi, New here, New Month. May I please have MF, RV, and incentives/rebates for a 2019 Volt Prem for March 2019? Zip code 22309 36mo/12kmi. I've heard of various dealer splits of the Fed 7.5k$ rebate from 10-60%, any chance of that, last month? For MF I have a very high credit rating, for incentives I'm a current volt lease holder but that seems to have just expired 2-28. lease is up now-gotta buy/lease asap. I have 5 dealers quotes lease or buy all over the map. I have offer prices negotiated down to (msrp/offer) 38,995/31,975 and 40,830/32,9750. Thank you

    .00116 and 48%
    $1800 lease cash

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  • llgoldingllgolding Member Posts: 2
    thank you Michaell, amazing.
    Has anybody ever seen a dealer share-split of the Fed 7,500 tax credit as a lease incentive?
  • kyfdxkyfdx Moderator Posts: 267,627
    llgolding said:

    thank you Michaell, amazing.
    Has anybody ever seen a dealer share-split of the Fed 7,500 tax credit as a lease incentive?

    The dealer doesn't get the tax credit, the bank does. The dealer has no way to pass anything along that they aren't a part of.

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  • 2019voltinterest2019voltinterest Member Posts: 1
    First, thanks for the great info.

    Looking for MF and residual and other incentives for 2019 Volt LT 94010 zip
  • kyfdxkyfdx Moderator Posts: 267,627

    First, thanks for the great info.

    Looking for MF and residual and other incentives for 2019 Volt LT 94010 zip

    36/15
    .00104 MF and 47% residual
    $1800 lease cash
    +$2500 customer incentive

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  • dtwellsdtwells Member Posts: 30
    What do the numbers look like for 36/39 (whichever offers best) 12K in 45224 zip code? Chevy site doesnt show much when I use that zip code.
  • MichaellMichaell Moderator Posts: 264,391
    dtwells said:

    What do the numbers look like for 36/39 (whichever offers best) 12K in 45224 zip code? Chevy site doesnt show much when I use that zip code.

    What trim level?

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  • dtwellsdtwells Member Posts: 30
    Preferably premium, but lt could be an option given the lack of premiums available
  • MichaellMichaell Moderator Posts: 264,391
    dtwells said:

    What do the numbers look like for 36/39 (whichever offers best) 12K in 45224 zip code? Chevy site doesnt show much when I use that zip code.

    dtwells said:

    Preferably premium, but lt could be an option given the lack of premiums available

    .00116 and 48% / 46%
    $1800 lease cash

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