Year, Make, Model, and Trim: 2019 Chevy Bolt LT
Location: SF Bay Area
Monthly payment (incl-tax): $300, Asking $3600 one-time payment to take over last 12 months of lease (I paid GM Financial upfront for the full 3-year lease)
Current mileage: 15,000
Maturity mileage: 36,000
Effective miles per month left: 1,750
Financial institution: GM Financial
Out-of-state transfer allowed (yes/no): No
Vehicle condition (accidents, tire wear, etc.), options, and other details: Like new, no accidents.
That’s what I guessed. Just thought someone might be in the market for one for a shorter duration (ours has a little over 12 months left on the lease) and we wanted to get rid of it for a bigger vehicle.
Not sure about $300 being justifiable even for the shorter duration of a year - One could do one of EthanRS deals and do a lease transfer, or even return it earlier and they’d have high number of miles left - with a new car.
Suggest pricing it based on market demand rather than what you paid for it.
Well you can’t necessarily compare a transfer listing here with a deal from EthanRS. That’s literally the best possible deal anyone will get, and they get claimed within seconds. But, you can find something for a couple thousand more than Ethan’s deals and it’s still a great deal. But I think if you want to be able to transfer this you’re going to have to drop that payment way down. Maybe that will change after the Costco program ends.
Agree, not everyone could get EthanRS bolts, what I meant is that per the current market, this price wouldn’t be justifiable.
Like you said, after the Costco incentive of $3000 dries up (I think ending tonight, 01/04 right?) and if the market price for new leases increase significantly, then this would be a contender.
