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Trying to see if this is a good lease deal?

EveeeEVEveeeEV Posts: 2
edited August 26 in Chevrolet
Hello,

First time poster.

I'm in the midst of discussions for a 2019 Chevy Bolt LT lease. 10k miles, 36 months. (WA state)

I have it now at zero down, $450/month, plus they pull ahead the final three payments of my current lease.

I know the 2020s are coming out, but for what I'll use the car for, I don't need those extra miles.

I haven't gotten into money factors or anything. This seems like a reasonable offer, but wanted to see I'm way wrong.

Thanks!

Comments

  • MichaellMichaell ColoradoPosts: 121,216
    EveeeEV said:

    Hello,

    First time poster.

    I'm in the midst of discussions for a 2019 Chevy Bolt LT lease. 10k miles, 36 months. (WA state)

    I have it now at zero down, $450/month, plus they pull ahead the final three payments of my current lease.

    I know the 2020s are coming out, but for what I'll use the car for, I don't need those extra miles.

    I haven't gotten into money factors or anything. This seems like a reasonable offer, but wanted to see I'm way wrong.

    Thanks!

    What is the MSRP?
    What is the selling price?

    $0 down, or $0 out of pocket? They aren't the same thing.

    .00195 and 51%
    $2250 lease cash
    $750 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

  • EveeeEVEveeeEV Posts: 2
    Thanks for your reply!

    This is where things get bogged down, and my eyes go all bleary.

    It's this car: https://www.edmunds.com/chevrolet/bolt-ev/2019/vin/1G1FY6S00K4146115/

    MSRP: $39,790
    Dealer price: $29,991

    Unless there's something I'm missing, there's no money down, and nothing else to pay except the $450 a month. So total of $16,200 at the end of three years.

  • MichaellMichaell ColoradoPosts: 121,216
    EveeeEV said:

    Thanks for your reply!

    This is where things get bogged down, and my eyes go all bleary.

    It's this car: https://www.edmunds.com/chevrolet/bolt-ev/2019/vin/1G1FY6S00K4146115/

    MSRP: $39,790
    Dealer price: $29,991

    Unless there's something I'm missing, there's no money down, and nothing else to pay except the $450 a month. So total of $16,200 at the end of three years.

    $487/mo if you roll the fees into the monthly payment.

    But, given the lease program you have to work with, it's an OK payment. Best way to improve it is to negotiate a lower selling price.

    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

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