2017 Volt LT lease help -- SF Bay Area

Ask the Hackrs
1

If I’m understanding the incentives correctly, there are $6000 in rebates right now on 2017 Volt LT. They break down as

  • $4000 GM Financial Supported Lease Program
  • $1000 Chevrolet Select Market Incremental CCR Program
  • $1000 Select Market Bonus Cash

The key question is what is a great sales price. The rest of the numbers seem straightforward.

Before I start approaching dealers, does this seem about right? Should I be able to get a lower sales price? I have Costco membership, so I should get “supplier pricing” assuming that helps my cause.

MSRP: $34,095
Dealer Discount: -$5000
MF: .00067
GM Rebates: -$6000
Acq Fee: $595

36 months, 10,000 miles
Residual: 51% = $17,388.45
Tax Rate: 9%

Option 1) $0 Drive-off, $259/mo including tax
Option 2) One-pay lease of $8137

Not including

  • Costco cash card of $700
  • Utility rebate
  • CVRP
  • Loyalty/competitive (I don’t qualify)

Calculator numbers for one-pay, assuming $5000 off MSRP

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2

Why don’t you ask @ChevyPhil - he knows

https://forum.leasehackr.com/t/bay-area-chevy-specials-volt-bolt-cruze-or-any-chevrolet-contact-chevyphil-415-596-6262/12787/131

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3

He doesn’t have any 2017 Volts left. See his comment here Of course, if he wants to review this deal and help out, that’s always welcome!

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4

these are the available rebates on a 2017 Volt LT for lease. (these are the only ones that apply)

Chevrolet Select Market Incremental CCR $1,000

Chevrolet Lease Cash $4,000

GM Competitive Lease/Lease loyalty $500 (only one or the other)

5

as for dealer discount, $3,500 off on a LT and $4,000 off on premier is considered aggressive. Any thing more then that is hard to get with availability low. these cars only have $1,500-$2,000 in profit so they’re already being sold at a loss.