As is tradition, I’m posting my latest personal hack here for posterity.
Copy of lease agreement: https://imgur.com/a/156kPae
A quick foreword:
So now that I’ve clickbaited everyone with the title, I’ll note that the deal was effectively $132/mo sign and drive, less the $2k CVRP post sale rebate, which is what brings it down to $79/mo+tax. Whether or not I’ll qualify for CVRP is TBD due to our tax situation and funding status, but I’ve got hope in my pocket and I’m gonna let it shine.
That said, I deliberately structured the deal as $122+tax and $500 at signing which I’m sure is going to be confusing to many people, so here’s a quick Q&A:
Why didn’t you one-pay?
Because the MF is literal pennies and amounts to a couple hundred bucks over the lease term. Not worth one-paying.
Why did you put $500 at signing?
I have a business card that is temporarily giving me a nice statement credit for $500 transactions and I wanted that kick back.
What else are you hiding?
I had to grind this particular dealer into the ground in order to make this happen on the last day of the month. Made a ton of enemies that day and hurt a lot of feelings, and for that reason the sales person has asked to remain anonymous but also his name is @ethanrs and this was his final send off before moving to the finance office so I effectively scared him out of selling cars ever again.
The breakdown:
Year, Make, Model, and Trim: 2021 Chevrolet Bolt EV Premier
MSRP: $44,090
Selling Price: $37,788
Monthly Payment: $ 122
Drive-Off Amount: $ 500
Months: 36
Annual Mileage: 10k
MF: .00008
Residual: $23,335
Incentives: $12k ($5k Lease Cash, $3k Costco Rebate, $1k Bonus Cash, $1.5k Conquest, $1.5k CFR)
Post sale rebate: $2k (CVRP - qualification TBD)
Region: SoCal
Leasehackr Score: 46.9
Leasehackr Calculator Link: Caculator link
First impressions:
This is by far the ugliest car I’ve ever driven (except for maybe the Toyota Yaris) and the engine doesn’t sound nearly as good as my F-Type so I might need to take it into the shop. I have a feeling something is wrong with it and the dealer bait and switched me with a quiet robot space ship that doesn’t make any noise when I accelerate? I’m not really sure what is going on and it looks even uglier in person than it did in the pictures so I am thinking about taking it back because this is supposed to replace my F-Type as my daily driver. I’m not sure what the return policy is but does anyone know if it’s possible to unwind the deal 3 weeks after signing? Let me know in the comments and don’t forget to like and subscribe. I’m only returning my F-Type if I get 1 million subscribers
work life balance 