Not sure what You want to do now.
If You are buying out Bolt know and want to get another potential great lease in 2 years You will lose tons of money IMO.
Ioniqs in Your area are for around $350/m effective
Good luck.
Explain this to me please. I have a 2023 EUV premier redline. The buyout is in April for approximately $20,000 and at that time the vehicle will have 15,000 miles. Leather, sunroof, redline package fully upgraded. How will that vehicle depreciate in two years. I donāt think I could replace that vehicle for that price. I started with an $8000 one time payment lease and even received an after purchase rebate in California. I think itās like the gift that keeps on giving
Have You seen those used Bolt prices?
Thank you for posting these dealer inventories. That said, I think it supports my claim that a 2023 with 15,000 miles with two years of warranty bumper-to-bumper and six more years on the battery (Thereabouts) fully loaded with no issues that I know of and works flawlessly is totally worth $20,000 on the buyout of my current lease. These are high mileage vehicles around 50,000 or higherā¦ specific issues with batteries. And if you donāt qualify for the tax break around $15,000. Go figure! I think youāve made your point, and I think I made mine as well
PS if you read my post above where I questionedā¦ it would be nice to have a reply
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Yeah, itās not a good comparison.
Heās saying that you can get a used MY17-20 Bolt EV LT with 60k miles for $13k (or as little as $9k if you qualify for the credit, which many will not) instead of paying $23k for your MY23 Bolt EUV Premier Redline.
For starters you can price out what Carvana and Carmax would pay for a 2021 today
Are there any even remotely good leases out there right now in CA (no rebates)?
It depends what āgoodā is to you. Iām a picky hacker (bordering unreasonable) so I personally havenāt seen a single lease deal that has interested me in the last ~3 years while weāve been navigating this supply chain constrained + high cost to borrow + inflationary environment.
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I like the historical Bolt / Volt Premier one pays for under $7K.
There are the used 2020 Premier Bolts going for $16K vs the 2023 decked out one I have for $23K - will just need to make a call soon!
Yeah the low mileage MY23 EUV Premiers in SoCal are all priced around $27-28k but none are fully equipped. It makes it a pretty easy decision with a $23.5k residual.
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In the same boat. MSRP swapped into a 23 EUV fully loaded besides super cruise. Residual is 23.5k, would make my payment if I bought it around $425 a month. Iām nervous I could still go upside down in it, but donāt imagine much. I think they will be worth around 15k in two years, almost like the old bolts. I have looked around for another EV lease, but no one is bitting in WA state, so far the best I got is $499 on Id.4 36k/36M. Lease ends in April so have some time, but really not sure which direction to go. This car is my commuter for my wife and I, as we try to keep miles off my Tacoma and her Rav4 for now since we are looking at upgrading those cars as well with a growing family.
One way to think of itā¦ if it will be worth $15k in two years then itās effectively $354 per month for the two years you keep the 2023 Bolt, plus whatever taxes you pay on $23.5k buyout. That assumes you sell it for $15k in 2 years
@dukez - anything great out there right now in N CA? I saw the Blazer EV deals in S Cal from July which looked really good.
Hoping there is a great deal out there right now, would like to trade in my 2023 Bolt Redline for something bigger like the Blazer EV if at all possible. I donāt study the market often, any insight would be super helpful. Thanks
Unsure about NorCal. But for SoCal weāve got two HoF Chevy dealers on the forum. Iād check in with Randy @RPChevyDealer or Trish @chevysalesgirl
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Hey there, sir this is Randy Pittner from Simpson Chevy Irvine
Iād be more than happy to help you. Iāve been doing a lot of deals with northern Cali.
If it makes sense, great if it doesnāt, I understand, but at least Iāll get some good information
And if it works out, we would ask that we get everything ready for you and shoot down on a quick flight and pick it up in person