With CVAP/CVRP grants that you qualify for, the Bolt will be a money maker (assuming you qualify for all the other Chevy incentives).
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You need to decide what to goal is hereâŚmake money or drive a nicer car. If you want money than probably a base 3 will be a better option. The Bolt will be cheap but the RV we already know doesnât hold so you wonât have much equity when you sell. As others said, there are no guarantees what RVs will be in 3 years but if you have to bet on something to hold their value then only Tesla makes sense.
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Thanks Mark.ca. Iâd like to drive the nicer car⌠and itâs not about making money, but getting a good deal where I could maybe break even or not that spend much in the end. I wish the CVRP rebate included nicer cars like the Model X or S. Seems like the nicest car option they offer is the Tesla Model Y. Or would I be better off skipping CVRP and just using the CVAP for a down payment on a lease for a BMW X3 E or something like that?
That wonât be a good deal at that point. If you want a nice car, open to leasing and like the Y then lease one. You wonât be able to sell it at the end of lease but monthly cost should be relatively lowâŚunder $400/mo net after all rebates. Spend some time searching this forum for other evs, maybe an Etron would appeal to you too.
Do you think leasing a Model Y makes more sense than financing it? Everything Iâve read says leasing a Tesla is a bad idea and the financing is a smarter move.
It says the lease cost after the rebates net is $ 499 per month and I think thatâs before taxes and fees.
NO.
With MASSIVE downpayment.
My man, if you want brutal financial advice, I donât recommend the Tesla Model Y/X/3/S in any way shape or fashion.
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There are a lot of nicer cars (than the Model Y) for $50k, IMO. However, if you are looking for an EV, then your options are limited. I would suggest picking a car you would enjoy driving. As far as leasing a Tesla, donât expect any deals.
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Which in his case is canceled by the CVAP almost entirely since the real down is around $6kâŚthe CVRP and utility takes another $150 of the monthlyâŚso the net will be low 400s for Y. I think $400/mo is worth it for that carâŚwould i do this? Fuck no! I would probably get paid to drive the Bolt in his case.
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Iâve seen better fit and finish in a Nissan Altima than a MY.
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I havenâtâŚare we talking about QC now? I thought this was about moneyâŚ
Alright⌠I donât want to drive a Nissan or a Chevy or a Kia. Sorry. Just wanted to know if financing or leasing the Tesla Y or 3 makes the most sense? Or skip the CVRP and use the CVAP 5 grand to lease an X3 or something like that?
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Donât forget that with the CVAP you also get a $1,000 charge card/credit for EvGo/Charge Point chargers and a portable Level 2 charger ($500 Retail price-I just received mine yesterday) or $2,000 towards installation of home charging stationâŚ
CVAP or CVRP-you have to have the car for 30 months in order to use the full benefit of the grant/rebate or transfer it to a new vehicle right away, otherwise it is pro-rated
What some folks donât understand about those programs is that your âINCOMEâ has nothing to do with it-as you can claim last yearâs Tax returns or this yearâs pay stubs to whichever is lower and itâs perfectly legal either way⌠theyâre on a âNEED TO KNOW BASIS, AND THEY DONâT NEED TO KNOWâ
I will say that-whatever your GUT tells you-thatâs what you should do, nobody, and I mean NOBODY here knows what your ârealâ financial situation is, and if you can afford it-go for the Y, heck youâre already $11,500 ahead with FREE money (including the EvGo $1K)
Like one member here said he âLECTUREDâ me on my financial decisions when I posted about my purchase 
I am very happy with my Tesla 3 purchase, Tesla financial was very slow in submitting the CVAP paperwork (I called them a couple of times to make sure they submit it) so 2 months later it was finalized and I could claim the part two of the grant ($1,000 charge card and level 2 charger)
CVRP was a very quick approval and check was mailed fast too, you can claim One EV and One Fuel Cell vehicle per lifetime so a Toyota Mirai, Hyundai NEXO or Honda Clarity for the CVRP rebate ( FC vehicle gets you $7,000 with low income)
The CVAP combined MPG for PHEV ratings have increased for 2021 model years to 45MPG so a BMW X3e may not qualify as it only has 17 miles on electric and 340 total miles on a 13.2 gal tank
If you are debating between leasing and purchasing a Tesla-Purchase would be the way to go⌠as you will still have equity in it after 30 months, remember that 30 months from now and chime in here again 
Chrysler Pacifica Hybrid.
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They use the combined MPGe, any phev should qualify. In August I got this response from them.
âThank you for your question, we used the combined city/hwy MPGe for plug in hybrids. So in example, take this Honda Clarity Plug In hybrid â we would use the MPGe, which in this case is 110.â
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Exactly, just have to know the rules. This is how I got a hyundai ioniq phev for 11k, pending rebates/credit. Iâll do a write up on it tomorrow.
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I got CVAP pre approved.
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Off-topic: are you the infamous hedgefundie of HFEA fame?
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Cool-just read the full implementation manual (which many ignore to go through) so you can know the rules and regulations. It is at the bottom of their website lower left and enjoy that Y (as long as you keep it under $60K MSRP your CVRP is good to go too)