Yeah the LT definitely doesn’t have that. There just isn’t a huge difference interior wise I noticed. I will say, the upgraded LT wheels are the worst things I have ever seen.
Yeah if only we can exchange the old 2020 bolt wheels
You can get even more aggressive with this program.
See my calculator here; 2022 Bolt EV and EUV price drop! $6,300 Customer Cash - #21 by z0lt3c
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Wait, the cash doesn’t apply to leases?! I had been assuming it was a manufacturer-to-dealer incentive, and that the selling price would simply be lower if the dealer chose to pass it on.
Edit: Yep, I guess not, it’s a purchase-only adjustment. Smh
$5900 Bolt / $6300 EUV bonus cash is only for purchase (reiterated several times in this thread), there is $1500 loyalty or conquest on a new lease, and a $3750 private lease cash offer if you are grounding your existing Bolt lease.
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Where are you populating that lower rate from? Very interested.
Yep thanks, I looked for myself right after I posted. That takes it from a great lease candidate to one that’s pretty meh.
IMO it’s only a good purchase deal, at MSRP, with some state rebates. NJ / CA / IL residents should strongly consider it.
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I’m in CA, so yes, I’ll have to sit down and do the math for myself to see if it makes sense. But I’m not sure if I’d feel safe with a Bolt purchase, especially if most dealers are selling them over MSRP. In normal markets, these EVs tend to depreciate pretty hard.
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The Federal EV rebate, when it was available, hurt the resale value. Then there were crazy leases, then the Bolts specifically were on stop-sale for a long time. It’s hard to generalize all EVs not holding their value, some drop like rocks, some sell used for almost MSRP.
I’ll share one abbreviated row of my crazy-making spreadsheet from this last round of shopping: with the Purchase Cash, Supplier, CCFR (and CVRP if eligible) – an EUV with Sun/Sound & SuperCruise was a very solid value (not fretting future resale)
Good luck finding:
- an EUV Premium with S&S/SC
- in CA/IL/NJ
- at MSRP
- from a dealer that will accept supplier
But on a less-equipped one? Possibly. Or later this year. Or factory ordered, at which point it probably makes sense to order and wait for a 2023.
There will be crazy deals on a small number of undesirable configurations, but the vast majority are selling before the are PDI’ed.
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You really do your homework; that is an impressive compilation sheet. I do something similar when shopping, but mine is not as good as yours.
I’ve leased half a dozen cars personally, and assisted others in at least a dozen more. I’m still in complete disbelief at the duration and depth of this shortage. I understand that chips are in short supply (along with other materials), but other industries seem to have somewhat rebounded from supply-chain shortages.
Perhaps this is off-topic, and I don’t want to de-rail the thread. But the general problem that I’ve run into is that I’ve yet to find a reliable source of available inventory data. Manufacturer/dealer websites (and the third party sources that pull from them) are often wildly inaccurate/outdated (e.g. showing an “in-stock” car as “in-transit”, or an “in-transit” car as “pending arrival” when it is actually pre-sold).
But even assuming that you have located a potential contender with the trim/option package that you want, we seem to have taken a collective step backwards in terms of the online car shopping experience. Most dealers don’t publish a page with staff emails, so you’re forced to use the “Contact Us” widget on their website, which inevitably leads to a barrage of spam emails and an incompetent employee asking you which model you were interested in, or when you want to come in (I already told you in the note I left using the widget!).
And if by some miracle you’re paired up with a good salesperson, the chances that his/her dealership is offering MSRP is slim-to-none. So now you have to repeat this process all over again. The only way to escape this insanity seems to be to use a dealer who is LH-friendly (and I’ve found that even they tend to be $3-6K over MSRP these days), or to use a broker.
Anyway, my original goal here was not to complain. I dropped into the thread because I’m shopping for an EV, and I thought the Bolt leases were also getting the $5900/$6300 cash. But if anyone has any general pointers for navigating the current market, I’m all ears.
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You can find vehicles if you put the leg work into it. Nothing different like the old days where you needed to find a dealership to discount a car heavily.
Have a deposit on a launch edition EUV coming in around the end of the month at MSRP - located last week.
Maybe off topic but worth discussing in a different thread: same same. The DMS aggregators like cars.com / cargurus / autotrader have become increasingly unreliable. In my searches I had to zero-in on specific dealers, watch their in-stock inventory (vs in-transit) through their website, even that wasn’t very reliable. The OEMs and dealers seem to have zero vested interest in making that more accurate as the shortages drag-on.
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You’re definitely right, and I have been able to grind out a couple of good deals for people in the last six months or so, but there are some key differences now:
- As I mentioned previously, online inventory data is near-useless now, making it difficult to find leads in the first place. Finding a suitable in-stock car now is literally a multi-hour job, instead of two or three clicks.
- A complete lack of leverage on the consumer’s side. I’ve found that most dealers are willing to negotiate to a certain degree; i.e. lowering a $5,000 ADM to $4,000. But so far, I’ve not found a single dealer willing to make significant concessions (e.g. $5,000 ADM to $2,000). And hey, I don’t blame them; it’s a seller’s market and they have to capitalize on the opportunity.
- Historic low levels of manufacturer incentives (again, it’s hard to blame them for eliminating incentives when there’s a severe supply/demand imbalance). And now, throw in higher lending rates, and it’s just a recipe for disaster.
What dealer? 
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Just in case you bought one already, Chevy giving something back for anyone who bought a new Bolt this year.
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Try central valley and north. Where I am buying has no more inbound 2022s.
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Wonder if they will reimburse lessees who did SOC?
This is only for people who bought in 2022, I assume SOC is an exchange for people who bought in 2020?
when you click on the $6300 cash offer online it says take delivery by 7/5/22. is that a typo or does the program end today?
That is not a typo, insofar as the August programs are not out yet.
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