2019 Chevy Bolt LT:5000 Drive off cash down and 240 a month, good deal?

Ask the Hackrs
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1

Following is the 3 yr lease 12K/yr deal I negotiated with a bay area dealer in the east bay

Total retail price:32K (38,245 - dealer rebate (3750 and savings of 4500) + fees and taxes and DC charging cable)
Drive off cash down:5K
monthly:$245

Not including the CA rebate and PG&E rebates

Is this a good deal.Is there more room for getting the price down?Looking for opinions.

Thanks

2

Does it include wear and tear protection?

3

I never asked for it.This is my first time leasing.So I would guess it does not.Is this something we ask for to be included in the lease?

4

I just leased a Honda Clarity and the dealership included the CA $7500 rebate as well as discounts. Why not on your BOLT deal? Which will drop your monthly lower and would not require such a large drive off (5K). Because if you put down $5K (and roll it in your monthly) you will be paying $383 a month. Which is about average for a Bolt these days. However, if you include your other CA rebate of $1500 (minus in payment) they you actual pay $341 a month. If I where you, ask about the CA $7500 rolled in the other discounts then recalculate the payment with zero down and zero drive offs or add the minimum drive offs (tax, license and first month). Putting $5K down really doesn’t make any sense to me except if you want to think your monthly is actually $240 and not $383.
Or wait until March/April to see if they lower Bolt like they did last year.

5

Hi,

How are you getting the $7500 state rebate.What is the split?.I though the state discounts is limited to $2500 + 800 from your utility company i.e pge for a total of $3300.

1 Like
6

Look at the deal @ChevyPhil posted - seems to be much better

7

Go online to the CARB website and plug in ur car. You will see all rebates and tax breaks.

8

yes. you can ask including wear and tear.

9

If you didn’t put any money down that $5,000 equates to about $150 a month higher payment. So you’d be just under 400 bucks nothing down. That’s not a terrible deal considering the average car payment is over $500 bucks, and that you’ll never have to buy gasoline as long as you own it. I couldn’t imagine electricity cost you anymore than maybe 20 bucks a month, especially if you take advantage of all the free chargers everywhere.