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2017 Chevrolet Volt Lease Deals and Prices

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  • kyfdxkyfdx Moderator Posts: 236,760
    cr40 said:

    Are these numbers still the same for Feb?

    South Florida, Ft Lauderdale area.

    1. 2017 Chevy Volt Premiere .00149 MF and 49% residual for 36/12. $4235 lease cash
    2. 2017 Chevy Volt LT .00149 MF and 50% residual for 36/12. $4610 lease cash

    Add 1% for 10K/yr
    Subtract 2% for 39 months.

    Thank you.

    .00062 MF

    The rest is the same.

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  • mamamusclesmamamuscles Member Posts: 7
    Does chevy do 30 month leases? If so, what is the MF and RV on a Volt premier 30/12k?
  • MichaellMichaell Moderator Posts: 240,997

    Does chevy do 30 month leases? If so, what is the MF and RV on a Volt premier 30/12k?

    No 30 month lease term from GM.

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  • pennington8pennington8 Member Posts: 1
    Hi. I am in the Atlanta area. Can you please provide me with the money factor, residual value and any national, state or local Incentives for leasing the 2017 Chevy Volt standard.

    Can I see the figures for 10K and 12K miles per year and for 36 or 39 months, whichever is better?

    Thanks in advance for your assistance.
  • MichaellMichaell Moderator Posts: 240,997

    Hi. I am in the Atlanta area. Can you please provide me with the money factor, residual value and any national, state or local Incentives for leasing the 2017 Chevy Volt standard.

    Can I see the figures for 10K and 12K miles per year and for 36 or 39 months, whichever is better?

    Thanks in advance for your assistance.

    .00062 and 50% for 36/12. $4610 lease cash.

    Subtract 2% for 39/12

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  • deaddogdeaddog Member Posts: 60
    In Chicago, Premier 2017 Volt - can I get the MF, residual and lease cash for 24/12 and 36/12. Thanks
  • kyfdxkyfdx Moderator Posts: 236,760
    deaddog said:

    In Chicago, Premier 2017 Volt - can I get the MF, residual and lease cash for 24/12 and 36/12. Thanks

    .00062 MF and 49% residual for 36/12
    $4235 lease cash.

    24 month rates are unsupported

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  • rgnorcalrgnorcal Member Posts: 2
    HI We are looking for 2 Chevy volt LT's. Please provide MF, residual and cash incentives for 36 month 12k and 15k /year lease.
  • rgnorcalrgnorcal Member Posts: 2
    Sorry forgot to mention this is CA bay area.
  • MichaellMichaell Moderator Posts: 240,997
    rgnorcal said:

    HI We are looking for 2 Chevy volt LT's. Please provide MF, residual and cash incentives for 36 month 12k and 15k /year lease.

    rgnorcal said:

    Sorry forgot to mention this is CA bay area.

    .00062 and 50% / 48%. $4610 lease cash

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  • andy_kwongandy_kwong Member Posts: 3
    Hi,

    First off, this forum is incredibly useful. Thank you all who contribute!

    I'm looking at a Volt LT w/ leather seats and comfort package in CA Bay Area. Getting a quote for $285/month $0 drive off. Just wondering if this is a good deal!
  • andy_kwongandy_kwong Member Posts: 3
    edited February 2017
    Sorry, 12k miles & MSRP is 35,490.
  • kyfdxkyfdx Moderator Posts: 236,760

    Sorry, 12k miles & MSRP is 35,490.

    What lease term?
    What is selling price and/or adjusted CAP cost?

    Looks like it might be cheap, at that monthly price.

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  • andy_kwongandy_kwong Member Posts: 3
    kyfdx said:
    Sorry, 12k miles & MSRP is 35,490.
    What lease term? What is selling price and/or adjusted CAP cost? Looks like it might be cheap, at that monthly price.
    Thanks for getting back! 36 months, selling price 31,590. Don't have the sheet with adjusted cap cost with me right now! 
  • kyfdxkyfdx Moderator Posts: 236,760


    kyfdx said:

    Sorry, 12k miles & MSRP is 35,490.

    What lease term?
    What is selling price and/or adjusted CAP cost?

    Looks like it might be cheap, at that monthly price.

    Thanks for getting back! 36 months, selling price 31,590. Don't have the sheet with adjusted cap cost with me right now! 

    .00062 MF and 50% residual
    $4610 lease cash

    If I subtract the lease cash, I get $284/mo.+tax.

    If your deal is $285/mo, all in, with ZERO drive off, that's really cheap.

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  • allie17allie17 Member Posts: 14
    Hello, I'm looking at a 2017 Volt LT 10k/36 mo in Los Angeles. Could you provide the MF and residual for top tier credit? Thanks so much for your help!
  • MichaellMichaell Moderator Posts: 240,997
    allie17 said:

    Hello, I'm looking at a 2017 Volt LT 10k/36 mo in Los Angeles. Could you provide the MF and residual for top tier credit? Thanks so much for your help!

    .00062 and 51%. $4610 lease cash.

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  • allie17allie17 Member Posts: 14
    Thank you! Many local dealers are showing $2500 in dealer cash or incentives off the MSRP, is the $4160 different? So appreciate the help!
  • MichaellMichaell Moderator Posts: 240,997
    allie17 said:

    Thank you! Many local dealers are showing $2500 in dealer cash or incentives off the MSRP, is the $4160 different? So appreciate the help!

    The lease cash is a factory to dealer incentive; dealer is under no obligation to pass that along to the customer, though many do.

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  • larciellarciel Member Posts: 29
    I see two additional lease cashback for March on carsdirect. Total is more than $9000. Is this valid? 
  • kyfdxkyfdx Moderator Posts: 236,760
    larciel said:

    I see two additional lease cashback for March on carsdirect. Total is more than $9000. Is this valid? 

    Not likely. Two different amounts, depending on trim.

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  • suydamsuydam Member Posts: 4,676
    They should take the $7500 Calif tax credit off the price of the car. Mine did.
    '14 Buick Encore Convenience
    '17 Chevy Volt Premiere
  • raymos24raymos24 Member Posts: 162
    Hi! I might be looking to lease a 2017 Volt this month and was wondering if you could provide the numbers for 36/10 on the LT and Premier in MA? The Edmunds incentives page shows lease cash of 4235 and 2250 for the premier. Are both of these available on top of the 3000 lease conquest (I currently lease a Kia)? Thank you for your help as always!
  • john___25john___25 Member Posts: 29
    Would you please provide the RV and MF for a 2017 Volt LT for 36/12k and 39/12k (and 24/12k if offered) along with any incentives?  Central Ohio. Thanks!!
  • MichaellMichaell Moderator Posts: 240,997
    raymos24 said:

    Hi! I might be looking to lease a 2017 Volt this month and was wondering if you could provide the numbers for 36/10 on the LT and Premier in MA? The Edmunds incentives page shows lease cash of 4235 and 2250 for the premier. Are both of these available on top of the 3000 lease conquest (I currently lease a Kia)? Thank you for your help as always!

    .00062 and 51% (LT) or 50% (Premier)

    $4610 lease cash on LT; $4235 on Premier, according to my information

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  • MichaellMichaell Moderator Posts: 240,997
    john___25 said:

    Would you please provide the RV and MF for a 2017 Volt LT for 36/12k and 39/12k (and 24/12k if offered) along with any incentives?  Central Ohio. Thanks!!

    24 month numbers not competitive

    36/12 - .00062 and 50%. $4610 lease cash.

    Subtract 2% for 39/12

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  • chrishhchrishh Member Posts: 17
    Do you have the numbers behind Chevy's offer for 39 months $299 starting lease? I know it is +Tax/Tag/Title. Trying to resolve my dealer running that up to 458
  • MichaellMichaell Moderator Posts: 240,997
    chrishh said:

    Do you have the numbers behind Chevy's offer for 39 months $299 starting lease? I know it is +Tax/Tag/Title. Trying to resolve my dealer running that up to 458

    How many miles per year?

    .00062 MF

    What state and tax rate is this?

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  • chrishhchrishh Member Posts: 17
    Michaell said:

    chrishh said:

    Do you have the numbers behind Chevy's offer for 39 months $299 starting lease? I know it is +Tax/Tag/Title. Trying to resolve my dealer running that up to 458

    How many miles per year?

    .00062 MF

    What state and tax rate is this?
    the Chevy lease is 15k a year, they charge a mileage penalty at 48k miles on the 39 months. the tax rate in Georgia TATV is 6.5% .

    this was against a LT with leather/heated seats/bose

    thank you for the time
  • MichaellMichaell Moderator Posts: 240,997
    chrishh said:

    Michaell said:

    chrishh said:

    Do you have the numbers behind Chevy's offer for 39 months $299 starting lease? I know it is +Tax/Tag/Title. Trying to resolve my dealer running that up to 458

    How many miles per year?

    .00062 MF

    What state and tax rate is this?
    the Chevy lease is 15k a year, they charge a mileage penalty at 48k miles on the 39 months. the tax rate in Georgia TATV is 6.5% .

    this was against a LT with leather/heated seats/bose

    thank you for the time
    GA taxes the entire selling price - that alone is adding $50-60/mo to the payment.

    Likely that the ad is for a low mile lease - asking for 15K will lower the residual and raise the payment.

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  • buyforlessbuyforless Member Posts: 15
    Volt LT lease 36/10k
    MSRP 35,850
    $480 due at signing
    $180.74 a month with tax and before $1500 rebate check
  • MichaellMichaell Moderator Posts: 240,997

    Volt LT lease 36/10k
    MSRP 35,850
    $480 due at signing
    $180.74 a month with tax and before $1500 rebate check

    That is an amazing payment! Is it in your driveway?

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  • buyforlessbuyforless Member Posts: 15
    Michaell said:

    Volt LT lease 36/10k
    MSRP 35,850
    $480 due at signing
    $180.74 a month with tax and before $1500 rebate check

    That is an amazing payment! Is it in your driveway?
    Yes! Was going to turn in my lease later this month and not lease anything but after Chevy announced the $3,000 competitive lease rebate, started looking into cheap leases and while Cruze was cheaper, felt Volt deal too good to pass up.
  • kyfdxkyfdx Moderator Posts: 236,760

    Michaell said:

    Volt LT lease 36/10k
    MSRP 35,850
    $480 due at signing
    $180.74 a month with tax and before $1500 rebate check

    That is an amazing payment! Is it in your driveway?
    Yes! Was going to turn in my lease later this month and not lease anything but after Chevy announced the $3,000 competitive lease rebate, started looking into cheap leases and while Cruze was cheaper, felt Volt deal too good to pass up.
    Congrats!

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  • fractalimpassefractalimpasse Member Posts: 4
    edited March 2017
    Hi,
    I'm looking for a 36/15k+ lease in WI. Should I expect dealers to take the $7500 fed credit off of the price? I noticed some dealers listing the 2017 for ~$30k... So expect a capital cost of ~$23k?

    Good day :smile:
  • MichaellMichaell Moderator Posts: 240,997

    Hi,
    I'm looking for a 36/15k+ lease in WI. Should I expect dealers to take the $7500 fed credit off of the price? I noticed some dealers listing the 2017 for ~$30k... So expect a capitol cost of ~$23k?

    Good day :smile:

    My guess is that the $30K already includes the $46xx of lease cash, which is what GM is passing along to you from the federal tax credit.

    LT or Premier trim?

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  • fractalimpassefractalimpasse Member Posts: 4
    Hi, Sorry I was looking at the price they listed for buying. I've never leased before, is the capital cost different when leasing? I was looking at LT trim. Would the tax credit raise the residual value...?
    Thank you much
  • MichaellMichaell Moderator Posts: 240,997

    Hi, Sorry I was looking at the price they listed for buying. I've never leased before, is the capital cost different when leasing? I was looking at LT trim. Would the tax credit raise the residual value...?
    Thank you much

    .00062 and 48%

    $4610 lease cash.

    Yes, there are different incentives for purchase vs. lease.

    The lease cash will reduce the cap cost.

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  • fractalimpassefractalimpasse Member Posts: 4
    So realistically in the midwest I'm lookin at ~$34555-4610 = $29945 -(any dealer added discounts)? Probably in the $29k area for cost of capital? I guess not much competition up here :disappointed:

    Thank you!
  • kyfdxkyfdx Moderator Posts: 236,760

    So realistically in the midwest I'm lookin at ~$34555-4610 = $29945 -(any dealer added discounts)? Probably in the $29k area for cost of capital? I guess not much competition up here :disappointed:

    Thank you!

    We don't really track selling prices.

    Use the Make/Model/Year tabs at the top of the page to get Edmunds TMV

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  • fractalimpassefractalimpasse Member Posts: 4
    Tnx guys.

    My 1st lease quote wasn't so good. Volt LT 3.3% off MSRP 46% RV .00109 MF $7200 rebate though. He claims it is through GM Financial...?
  • kyfdxkyfdx Moderator Posts: 236,760

    Tnx guys.

    My 1st lease quote wasn't so good. Volt LT 3.3% off MSRP 46% RV .00109 MF $7200 rebate though. He claims it is through GM Financial...?

    Our numbers are from GM Financial. Have you checked with another dealer?

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  • samresid17samresid17 Member Posts: 3
    My first lease. Could you provide lease parameters for San Jose, CA. 36mo, 12kmi, 2017 Volt Premier. Thanks in advance!
  • MichaellMichaell Moderator Posts: 240,997

    My first lease. Could you provide lease parameters for San Jose, CA. 36mo, 12kmi, 2017 Volt Premier. Thanks in advance!

    .00062 and 49%.

    $4235 lease cash.

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  • samresid17samresid17 Member Posts: 3
    Thanks for the quick response. How does the $7500 tax credit and the lease cash work in the lease payment calculation?

    Say the MSRP is $40655 and the Negotiated Price is $36000

    Do I take the $36000 - $7500 - $4235 = $24353 to arrive at the Net Cap Cost?

    Then Residual Value is $40655 * 0.49 = $19921

    Am I doing anything incorrectly? Seems the month fee would be very low.
  • MichaellMichaell Moderator Posts: 240,997

    Thanks for the quick response. How does the $7500 tax credit and the lease cash work in the lease payment calculation?

    Say the MSRP is $40655 and the Negotiated Price is $36000

    Do I take the $36000 - $7500 - $4235 = $24353 to arrive at the Net Cap Cost?

    Then Residual Value is $40655 * 0.49 = $19921

    Am I doing anything incorrectly? Seems the month fee would be very low.

    Sorry, GM is only passing along $4235 of the tax credit to the customer. You don't get to double dip :smile:

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  • samresid17samresid17 Member Posts: 3
    Thanks for the clarification!
  • melancholy7777melancholy7777 Member Posts: 11
    Looking for updated numbers for SF bay area in the month of March for Chevy Volt 2017 LT without any upgrade packages.

    Comparing three dealers nearby for 36 month /15k mile lease with $0 down, I am getting quotes anywhere from $278 to $284 per month plus taxes. The bottom line monthly including taxes for the $284/month price ended up being $312.95/month. (assuming 9.25% taxes in my area). That would make the most competitive quote to come out to be $304/month including taxes.

    I know many have asked about MF, residuals, selling price, etc. but in the end, as long as you're comparing apples to apples, shouldn't that suffice to compare and pick the best price? (unless you wanted to try and negotiate lower than the lowest price quoted)

    How do the above numbers sound? Are folks getting much below $300/month (including everything) with $0 down?
    Thank you!
  • MichaellMichaell Moderator Posts: 240,997

    Looking for updated numbers for SF bay area in the month of March for Chevy Volt 2017 LT without any upgrade packages.

    Comparing three dealers nearby for 36 month /15k mile lease with $0 down, I am getting quotes anywhere from $278 to $284 per month plus taxes. The bottom line monthly including taxes for the $284/month price ended up being $312.95/month. (assuming 9.25% taxes in my area). That would make the most competitive quote to come out to be $304/month including taxes.

    I know many have asked about MF, residuals, selling price, etc. but in the end, as long as you're comparing apples to apples, shouldn't that suffice to compare and pick the best price? (unless you wanted to try and negotiate lower than the lowest price quoted)

    How do the above numbers sound? Are folks getting much below $300/month (including everything) with $0 down?
    Thank you!

    .00062 and 48%. $4610 lease cash

    You want to negotiate the selling price, not the payment - and make sure you are comparing the out the door fees to see if one dealer is padding them.

    That said, we don't track selling prices.

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  • kyfdxkyfdx Moderator Posts: 236,760

    Looking for updated numbers for SF bay area in the month of March for Chevy Volt 2017 LT without any upgrade packages.

    Comparing three dealers nearby for 36 month /15k mile lease with $0 down, I am getting quotes anywhere from $278 to $284 per month plus taxes. The bottom line monthly including taxes for the $284/month price ended up being $312.95/month. (assuming 9.25% taxes in my area). That would make the most competitive quote to come out to be $304/month including taxes.

    I know many have asked about MF, residuals, selling price, etc. but in the end, as long as you're comparing apples to apples, shouldn't that suffice to compare and pick the best price? (unless you wanted to try and negotiate lower than the lowest price quoted)

    How do the above numbers sound? Are folks getting much below $300/month (including everything) with $0 down?
    Thank you!

    If you have all the numbers, and you know why and how they are coming up with the payment, then at that point, you can negotiate the payment. But, you still need to go over the final paperwork with a fine-toothed comb, to make sure the terms haven't been changed.

    Otherwise, when the dealer says $325/mo, and you want $300/mo, you aren't basing it on anything other than you want it for less. You won't know if $300/mo. is even possible.

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