2020 Chevy Bolt LT in NJ

:cloud: Welcome to the disappointing world of automotive sales :rainbow:

1 Like

I think it is safe to ask for what I sent. That would be a very respectable deal on that car. The down payment options in my quote are total DAS so $0 is true $0 sign and drive.

Feel free to PM me with any additional questions :+1:

Do you know why CA dealers are willing to price these more aggressively than the east coast dealers? I always see threads about $225 Bolts out the door loaded! People fist pumping their way out of the dealership, but no similar victories on the east coast. Is it all a function of manufacturer support?

The dealer discount only accounts for a portion of the deal. There’s also incentives, residuals, and money factors – which change all the time. The $0 drive-off, $225/month Bolt EVs you speak of probably come from another era, or it’s an effective $0 drive-off after CVRP rebate, utility rebate, Costco cash card, etc.

1 Like

As @michael started that was years ago. Higher residuals, lower MFs, and more rebates.

OP should keep in mind that once they get the 5 grand back from NJ that they will be at about 160/mo effectively, zero down, zero due at signing. That’s a pretty damn good value for what the Bolt gives you, especially with a 15k mileage allowance. @ethanrs is giving some great info here as always, but the TL:DR noob version is find someone to give you as close to 10% off before incentives as possible, then talk about the supplier code to try and squeeze a little more out of the deal. If you do it right you should end up around 310 a month with zero due at signing.

5 Likes

What electric said plus a one pay.

1 Like

If you have the cash available to front it, the One Pay option is definitely the best way to go from a savings perspective.

What I think I am hearing is there is a lot of soft skill and tap dancing that will go into actually getting it anywhere close to the posted deal.

I’m an easygoing humble person and never demanding or entitled, but it seems like there’s all this back and forth when really both people just want to sell/buy a car.

@ElectricEliminator I’d be thrilled to be at $160 but anything below $190 would be a win for me.

I would gladly one pay! From what I hear the checks are coming 1-3 months post purchase which is fine.

I have to port over points from last nights conversation to the leasehacker calculator to see how much one pay saves.

What’s GM’s MF reduction for one-pay?

It’s the end of the month for whatever it’s worth at the moment. You might be able to just counter with a monthly payment with zero due at signing that you would be willing to sign and take delivery of asap. See who says yes. As long as you are being realistic chances are that someone will bite.

It reduces the MF to 00001. It’s a 00073 reduction for 36 months but it won’t go zero or negative of course. Should be in the mid 9000s I think off the top of my head before the 5000 rebate.

One Pay probably looks something like this:

1 Like

.00073 if I recall correctly, on a Bolt it makes the MF .00001

I’m going to pick up/sign for a 2020 Bolt lease in Oregon this morning, how did I do? $247/month, $0 down, 36 months, 12k miles, no lease return fee

Without knowing MSRP and the regional incentives on the vehicle it’s hard to tell. It would be considered a unicorn in SoCal.

1 Like

I’m not sure of the exact MSRP/incentives they are using, as I’m confused on those details, basically I read: MSRP: $39,000, negotiated price $36,000, $7500 in rebates, .00051 MF. I plugged the numbers in the hacker calculator and I’m coming up with payments lower than what I’m paying, so I don’t know how they are getting their numbers.

There is if you can get them into the nitro fill, vin etching and key replacement warranty.

2 Likes

My favorite kinda MF

2 Likes