2017 Chevy Volt LT

Ask the Hackrs
1

Hey folks, I apologize for my absolute ignorance, but lease info has just never made sense to me so I’d appreciate any help I can get. I’m looking to get a 2017 Chevy Volt LT, no extra packages. The first dealer I went to tonight gave me numbers, and I’m not sure if I’m getting screwed or if they’re where they should be. I’ll be turning in my lease on a 2013 Prius C that’s up in April

MSRP - $34,095
Discount - $2,128.80
Selling Price - $31,966.20
Taxes - $2,803
Doc Fee - $75
Lic/Reg - $10
Title Fee - $50
Tire Tax - $12.50
Payoff - $1,130
Rebates - $500

Balance - 35,547.30

With a $595 ACQ and 49% residual on a 39 month lease, they quoted me at $2000 down/$277 month.

This doesn’t seem to take into account the $7,500 federal tax credit (or am I mistaken?). Any help in figuring out what numbers I should be getting here would be greatly appreciated.

2

Should also say, 10k miles. I work from home so don’t need high mileage.

3

What state are you in?

4

OP hasn’t replied in 5 days but based on $75 Doc Fee and $12.50 Tire Tax it’s highly likely to be NY.

5

Yes, NY. I ended up getting a red LT for $1000 down, $235 month, and the dealership is taking care of the disposition fee on my current lease and some damage that’s on it. The Volt I’m getting was used as a loaner so it has 2k miles, but that’s fine by me since I’m not concerned with the residual.