Chevrolet Bolt LT
MSRP: 39790
GM lease cash: 3000
MF: .00180
NY State rebate (paid to the dealer) 2000
Tax: 1152
Doc; 75
RV: 57%
DMV 350
Monthly: 399, 0 down, 1st month DAS
When I asked the dealer where the $7500 Fed credit was accounted for, understanding that it went to the finance outfit, he stated “Its accounted for by an inflated RV”, yet when I plug in the numbers gleaned from Edmunds (MF, RV) I get a monthly of $310.
The car is listed for sale at 31999
What is going on, I am sure I missed a few things, but not $89/month
I see where I failed to roll the DAS (tax, fees, etc) into the monthly. Doing that gets me right to the $369, now only $30 off but I still don’t see where the $7500 is accounted for, even in part. The RV of 57% comes from Edmunds, the dealer has so far been unwilling to give me the full details without a “stop on by”.
@HomeInNY, that’s the thing that bothers me too. They are leasing Bolt at Mercedes prices and netting 7.5k on top of that which no one knows where it ends up.
Like you’ve said that the dealer told you, the federal rebate is partially baked into the 57% RV (other part in incentives), which is pretty high for an electric car.
Your mf is off in the calculator. The rv is inflated. Are you expecting bolt to have a 57% value after 3 years? I am going to tell you that volt, ford energi, nissan leaf and others phev/ev usually sells between 30-40% after 3 years. GM is keeping the 7500 because they will be stuck with ancient tech ev after 3 years.
