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Chevrolet Volt Lease Questions
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Comments
Thanks in advance
Car type: Volt fully loaded (MSRP: 44875)
Monthly lease: 350$/month (including taxes)
Lease term: 36 months
Miles: 12000/year
Downpayment - 1500$ [he claimed 1500$ you MAY get back from California]
Residual price: 26300 (around that)
Is it reasonable? Should I ask for 15K miles & should I ask for 0 down?
I will appreciate any feedback.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
As you can see, Ally publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
what would that translate to payment wise??? any ideas?
Thanks
Do 2013s have the same cash incentive ($5045) than 2012?
Regards,
Alonzo
Just drove a Volt today and really liked it. We are in GA as well. It sounds like you had a positive experience with the dealer. Where did you go??
Northern california
2012 Volt
15000 miles/year
1700 down payment (hoping to get 1500 back from california)
377$/month lease
Thanks
My guess is that they are trying to clear out the 2012s first before promoting a 2013. I leased a 2012 last week and absolutely love the car. It is the best car that I've owned. Money saved in gas more than cover my $250/month lease payment.
They told me that Ally/Us Bank changed their residual around so now it is about66% and only about $1,750 rebate for the 2013. I ordered my from the factory so I have been waiting for almost two months now. I worked out a kinda deal because when I ordered it the rates weren't available, but we have talked since and I am get closer to the numbers I would like. I guess we will Saturday. Thank all of you here are you have help me stay in touch with the numbers.
The main one was:
front park assist, forward collision alert and lane departure warning systems
I both on my previous car and really like them.
The rear camera and rear park assist as important to me.
I like that the 2013 are all HOV California, the 2nd half of the 2012 were also.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
When negotiating your deal on this car, make sure to take advantage of the $5,045 cash incentive that is currently available on 36-month leases of it through Ally.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
For me the big one was MyLink. It comes standard on MY2013 but was a $100 option on MY2012. Problem is didn't become available until late in production of 2012's and then the plant shut down.
The other feature on 2013 I like is the Hold mode. Right now I don't see using it much but when I move next year I can see starting my commute on highway and ending on city streets. Will be nice to use hold mode to reserve the battery until I'm back on the city streets.
Audio System w/ Navigation, Primium Trim PKG, Rear Camera & Park Assist, Bose Speaker System, Front Window Shade, & Cargo Net.
MSRP $44,745.00. Agreed price of $40995.27. 39 month lease / 12,000 miles per year. Down payment of $1,522.60. Residual value is $26,399.55. Monthly payment is $327.86 including taxes.
I also got a quote on a 2013 base model with an MSRP of $39,145. It was approx $450/month.
Msrp 45,630, 57% residual (26,009), 1%, 36mo. The selling price is 44,048, capped fees of 875. The rebate of 5,045 reduces the price to 39,878. Drive off of 1705. This lease has 15,000 miles, the monthly rate is $450 inc tax ( Orange County, CA).
An 18k mile option is $490/mo.
What do you think?
http://gm-volt.com/forum/forumdisplay.php?24-Buying-Leasing
With the fed tax credit they can kick the residual up above 60% easy. The fact that they need to get rid of the 2012 model should be motivation for them to go down on the monthly payments even more.
Hope you're getting the HOV-lane qualifying model.
Peter
Is the $5045 rebate only apply in California? I know there is the $7500 govt tax break.
Any insight from people that have leased in this area of the country would be appreciated!
msrp=44k
On a base model, no options, price was right around $39,500.
Payment with $1000 down for 24 months and 12k miles/year was $389 including all taxes, etc.
Residual was around $26,700....but they also added $552 tax on the lease cash. What does that mean? The lease rebate is $5700 and the salesman said I would have to pay tax on that! I thought the lease rebate just was applied to the selling price of the car...just like if I was purchasing it? Why would I have to pay tax?
That would lower the payment at least $25 a month without having to pay the additional $552 over the course of 24 months.
And they also had the doc fee of $150 included, which I have never, ever paid when buying a vehicle...that just extra cash for the dealer.
I told them if they could get to $330 a month with $1000 out of my pocket I would sign up. Still have another dealer to shop to see what they can do.
Thoughts?
How does that compare to others out there?
It's only a base model. I didn't need nav or leather.
Solid deal?
Sarah, GM Customer Service
This did not include Tax title license.
Also, if you could let me know if you're getting comptitive quotes from other dealers, this information would be helpful also.
Leather ( Jet Blk), Nav, Back up camera, Chrome wheels sticker 45170.00
3500 down
24 months
10,000 a year
220.00 month!
9 4 12 last day of sale?
(What I was told)
Bought today at Connell Chevrolet
Costa Mesa CA 92628
BTW, Love the car!
After some work, this is my lowest quote in Chicago land area, based off of a quote for a well-configured Volt with an MSRP of $44,169 with 15kmiles/yr.
36 months X $239.80 or $8632.80 (57% residual)
24 months X $249.16 or $5979.84(63% residual)
This includes destination, but not t/t/l. No money at signing.
Hard to beat.
Was your quote on 2012 or 2013? What dealership did you get your quote from?
thanks
Mel
It is included into the 220 per month lease
ESTIMATED PAYMENT DETAILS
2012 CHEVROLET VOLT
5dr Hatchback
1SA Package
MSRP* $44,825
Cash Credit^ - $2,000
Destination + $1,450
Down Payment1 - $0
Trade-in Value - $0
Other Credits2 - $8,500
BALANCE $35,775
Lease♦
36 Months Term | 8.29% (8.29% APR) | $17,623 Guaranteed Option to Purchase Price
Estimated Monthly Payment $690
Ontario throws in rebate of $8,500
8% lease rate, residual of only $17K.
Is it possible for a Canadian to lease a vehicle from GM in the US?
I think Ontario will still throw in the rebate, but that would need to be confirmed.
Where can I get one in the $220 - $300 range with 0 - $1000 down like others are getting in this forum ?
I put done 3500 and mine is 220 month
just about loaded, leather, Nav, Bose speakers, back up camera, polished wheels!
Might be worth a trip but you would need to decide
How long ago was that ?
Was it $3500 down including all license fees?
2 or 3 year lease with how many miles ?
2012 or 2013 ?
I still get the 7500 tax rebate!