*DEAD* Chevy Bolt LT Costco Program Lease Deal (so cal): $247 per month (10K, 36 mo, zero down)

Signed Deals & Tips
41

How do I receive a Costco Cash Card?

To receive your Costco Cash Card, complete the following steps:

Register with the Costco Auto Program to locate a dealership that has opted in to the Holiday Sales Event and receive a GM Authorization Number.
Make an appointment at the dealership to select your vehicle of choice and take a test drive.
Provide the Authorized Dealer Contact with your GM Authorization Number when you purchase a new 2017 or 2018 Chevrolet: Bolt EV, Camaro, Colorado, Corvette, Cruze, Equinox, Express, Impala, Malibu, Silverado, Sonic, Spark, SS, Suburban, Tahoe, Traverse, Trax or Volt; Buick: Cascada, Encore, Enclave, Envision, LaCrosse or Regal; GMC: Acadia, Canyon, Savana, Sierra, Terrain, Yukon or Yukon XL; Cadillac: ATS, CT6, CTS, Escalade, XT5 or XTS between Oct. 3, 2017, through Jan. 2, 2018; or a 2017 or 2018 Chevrolet City Express between Oct. 10, 2017, and Jan. 2, 2018.
Complete a redemption form. Redemption forms must be submitted to the Costco Auto Program within 30 days of purchase or lease.
Once General Motors verifies that your vehicle purchase qualifies as part of the Holiday Sales Event, a Costco Auto Program representative will call you to complete a Costco Auto Program member satisfaction survey. Please note: The verification process may take three to four weeks. The Costco Auto Program will validate your membership at the time of registration and redemption form submission to determine your eligibility for Costco Cash Card amount.
$700 for Executive Members
$300 for Gold Star and Business Members
After completing the survey, your Costco Cash Card will be mailed to the address you submitted to Costco Auto Program. Please allow eight weeks for delivery, pending completion of all eligibility requirements; including redemption form, purchase verification from General Motors and survey completion.

Can I upgrade to an Executive Membership to receive the higher-valued cash card?

Yes. Gold Star and Business Members interested in receiving the higher-valued Costco Cash Card can easily upgrade their membership level to Executive; prior to purchase, call a Promotion Specialist at 1-888-211-5977 for more details. If you have already registered for this promotion, please complete a change of membership form so we can update our records. This will (1) ensure the correct Costco Cash Card value is processed, and (2) help avoid additional delays in Costco Cash Card delivery.

How do I access the Costco Auto Program member satisfaction survey? Do I need to complete it to qualify for the Costco Cash Card?

Yes, you must complete the Costco Auto Program member satisfaction phone survey to receive the Costco Cash Card. A Costco Auto Program representative will call you to complete your survey once General Motors has verified your purchase or, you may call us at your convenience after you receive our email. Please note: The verification process may take three to four weeks. If it is more convenient, you may call us at 1-888-548-7227.

We are available:
Monday – Friday, 6 a.m. – 7 p.m. PT
Saturday & Sunday, 7 a.m. – 5 p.m. PT

How long will it take to receive my Costco Cash Card?

Please allow eight weeks for delivery, pending completion of all eligibility requirements; including: (1) purchase an eligible, new Chevrolet, Buick, GMC or Cadillac model using your GM Authorization Number; (2) submit a redemption form; (3) receive purchase verification from General Motors; and (4) complete a Costco Auto Program member satisfaction survey.

Note: After you purchase or lease an eligible vehicle during the Holiday Sales Event, you can track your progress toward receiving your Costco Cash Card. Simply log in with your Authorization Number and email address to begin.

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Where do I find my redemption form?

Redemption forms can be completed online. Please allow three to five business days for redemption form processing, once received. You will need your Authorization Number to access the redemption form online. All submissions must be received by Costco Auto Program within 30 days of purchase.

42

thanks for your respond!

43

Does dead just refer to $500 price increase? Or is Camino Real Chevy all out of cars?

44

I think you should leave all the details in the original post, just so people can use the information as reference in the future. Just add the edit note at the top of the post saying deal is no longer available.

45

I strongly agree! This was a great deal and gives people a good reference point. Would you mind adding the details back @Svsfan?

46

I think OP has his reasons for taking down the info. Dealer is swamped with orders and cannot fulfill all of them. More calls will just delay the process for those already in line waiting.

47

Fair enough, although I still think it’s useful info to share as a reference. Sorry for the confusion responding to you – I had mistakenly thought that you started the thread, but now I checked it was @hydro481

48

@lessthanjoey you can still check the edit history at least to see the original numbers.

49

Awesome @Jon, I didn’t know that you could click the edit icon to see the edits there. That alleviates my concern

50

So the deal as it stands is dead - the current deal adds $500 to the previous price.

For those of you interested, here is what marci sent me for future orders.

Note: I am not affiliated with Marci, GM, or anything. Marci leased me my new bolt and it arrives tomorrow. She was a dream to deal with.

She is glad to do “one pay” which lowered my overall payments for the course of three years down to $9500 (before the $700 Costco and $2500 State).

If this helps someone, great.

————-

With Costco Program, same as GM supplier, past & present military, school employee, has been a college or graduate student in the last 2 years, or has a current student ID, except You are also eligible for a Costco Cash Card ($700 for Executive Members & $300 for Gold Star and Business Members)! 36 months/35 payments, $0 out of pocket, including LA County 9.5% tax (based on registration address), with a lease in household ($500 value), money factor .00078 (Pre-paid option available which lowers money factor to .00005.), GM employees and relatives get a better deal. Special paint and Higher mileage options also available. Delivery to home or work available. Please contact Marci at 310-291-6939 if you want the deal.

LT with Fast Charge Provisions without special paint charge MSRP $38,245
10,000 $246.51 61% residual
12,000 $257.81 60% residual
15,000 $280.41 58% residual

LT with Fast Charge Provisions, Comfort & Convenience Package, & Driver Confidence Package without special paint charge MSRP $39,295
10,000 $262.59 61% residual
12,000 $274.22 60% residual
15,000 $297.45 58% residual

Premier with Fast Charge Provisions without special paint charge MSRP $42,530 (i think i have gray silver black)
10,000 $300.44 60% residual
12,000 $313.02 59% residual
15,000 $338.16 57% residual

Premier with Fast Charge Provisions, Infotainment Package, & Driver Confidence Package II without special paint charge MSRP $43,510 (i think i have silver)
10,000 $309.34 60% residual
12,000 $322.20 59% residual
15,000 $347.93 57% residual

51

Your “one pay” was $9500 for which model?

52

The Premier payments have gone up, but the LT payments are the same as before. correct?

53

Yes that’s what I heard.

54

Premier. Loaded. White stickers too.

55

Cannot stress enough how easy Marci was to deal with. Everything via text, email and overnight mail.

56

1st time posting after using this page to get a great deal on my new Bolt.

I was able to get the LT with Fast charge for $246.00 with 0 down and paying monthly. Feel free to reach out to Alberto from Martin Chevrolet (310)642-8583 or albertomagallon1@gmail.com

I did have a competitive lease credit with my spouse currently leasing a Honda Accord.

57

v good …but to clairfy:

so 0 down…a true sign and drive? (no payment for tax, lic, fees, etc)
246 per month …is that x 35 month? or x 36 months ?
how miles per year?

58

0 down sign then dive. 246 a month 35 total payments. 10k mi a year

59

Can you use someone’s Costco account to get the costco benefit ? I am not a costco member.

1 Like
60

Completed my deal with Martin Chevrolet

Deal got a bit wonky and I paid about $500 more than what I was hoping, but overall I think the pricing is still good.

Year, Make, Model, and Trim: [2017 Chevrolet Bolt EV LT with Fast Charge option only]
MSRP: [$38,250]
Selling Price: [$33,488.19]
Rebates: [$4,350]
Months: [36]
Annual Mileage: [12,000]
MF: [0.0004]
DMV License: [$310]
Doc Fee Plus Other DMV: [$116]
Acquisition Fee: [$0]
Tax on Doc Fee: [$7.60]
Residual: [60%]
One Pay: [$8,515.15]
Sales Tax Rate: [9.5%]

For those that geek out with Lease calculators, here’s how the math works:

Monthly depreciation - $292.81: ($33,488 - $23,947)/36
Interest: $22.57 ($33,488 + $23,947)*0.0004
Tax: $29.96 ($292.81+$22.57)*9.5%
Total Monthly = $345.34

36 payments = $12,432
Plus DMV + Doc Fee = $426
Plus Tax on Doc Fee = $7.60
Less Rebates = $4,350
Total = $8,515

A couple of thoughts on the deal:

  1. The sell price is one of the lowest I’ve seen - I think it matches Marci’s deal has a sell price around here
  2. The higher MF even though I did one pay must result from waiving the acquisition fee. Unfortunately they wouldn’t budge on changing the calculation where I pay the acquisition fee but lower the MF. Does anyone know the exact MF increase if you waive the acquisition fee? I think it is car specific, so past threads on the Spark EV and Equinox lease deals weren’t helpful.
  3. No incentive for first month payment waived.

If you charge acquisition fee and lower MF, my calculator shows the cost would have been $8,288 or a savings of $227. If you also waive the first months payment, I think it would save another $270 so it would be $500 lower (which is what I was hoping for originally based on Marci’s numbers). Unfortunately Marci got overloaded with interest and I was too far back on the wait list. It would have been nice to save another $500, but my deal is about the same as the Norcal thread (he had lease conquest).

If you’re looking to get a Bolt at Martin Chevrolet, Alberto was a pleasure to deal with but they only have premiers or LTs with no fast charge left. Hope these numbers help others.