There is variation based on local market demand…supposedly.
Dealer discount is now $6272. Somehow they found another $1300…
Type the VIN into Carvana with some miles on it, would they give you more than your cap cost would be minus the post sale tax credit?
Moved to off ramp. Not a lease.
$100 in equity after the tax credit
That’s pretty darn good if you like the car. Guaranteed positive equity from day one on a purchase is nothing to sneeze at, even if it’s not much.
Yeah I guess. I sold a 2018 Leaf I was leasing to Carvana in Feb that had a huge leasing rebate/VPP/loyalty/dealer discount on it and made $3900 off it. I now have a 2018 Leaf I purchased that I am probably $2k under water on according to Carvana but put nothing down on it and still have the $7500 tax credit to file, so $100 in equity doesn’t seem that great compared to those 2 deals. I also lose the $1000 in Leaf loyalty if I switch brands. Idk seems really borderline, which probably means don’t pull the trigger.
Wtf on this Bolt, $44.5k MSRP and it’s worth $25.5k driving off the lot. Unreal.
You might be able to get more from a GM dealer, but yeah, that’s GM.
My fiancee’s terrain is worth less than the RV after 8 months in it
My sister had a 2016 Terrain Denali, her first lease. She loved that truck (it was VERY nice), but it was the perfect case study in why you lease:
- terrible upside-down residual at every point, including at disposition)
- multiple trips for service (light reflectors with condensation in them, malfunctioning power tailgate, the entire infotainment screen and system had to be replaced after several other repairs). Not a lemon but many smaller problems with multiple repairs and her dealer didn’t do loaners.
All kittens become cats. When you lease, it’s someone else’s and not yours. She’s rocking a Highlander now.
Just FYI - I just looked on Carvana the 2019 BOLT LT is now pricing at 21k trade in with 5k miles. The value went down by 3k in 2 weeks …
It seems the more the discounts the bigger the RV hit…no free lunch.
There is still a moderately priced lunch courtesy of state and fed rebates. But yeah, the wholesale of this BOLT is going down the tubes faster than Monica Lew… anyway, I digress
Yeah my Bolt deal wasn’t nearly as good as yours since no state incentive here.
My Leaf SV w tech that I purchased in May will be a decently free lunch. Had a $7500 Nissan incentive, $3300 dealer discount, VPP, $1k loyalty and I get to file the $7500 tax credit. The net price was $17,5xx out the door and it MSRPd for $36.9k. It essentially had no tax since I traded in a 2018 Leaf I had leased 3 months prior. I have a feeling Nissan will be trying to push inventory before the end of the year…
A dealer offered me $18k in trade-in value for my '17 loaded Premier Bolt with 50.5k miles. I should probably take that then…
btw, still no $0 down/$99 Bolt leases.