Need Advice on Lease Duration and yearly mileage for a Chevy Bolt

Signed Deals & Tips
1

I am considering leasing a Chevy Bolt. In two years I will be spending a year out of the courntry. Is it possible to get a lease for two years? I don’t want to be paying for the car to sit in my garage for a year and also don’t want the hassle of getting someone to assume the lease for the last year.

The other issue is mileage per year. The leases I see are typically for 10 or 12K miles per year. This would be a second car that would likely have less than 3K miles per year. Is getting a lower mileage limit possible? Alternatively, might one get some credit for turning in the car with much fewer miles than the limit number of miles?

Thanks in advance for advice.

2

What does this have to do with a Chevy Bolt?

3

Yes, 2-year leases are common. I currently have a 2-year lease on 2 other GM cars. They can cost more than a 3-year lease unless lease (and other) incentives are really high.

I am not aware of leases below 10k/year. Perhaps others on the forum can chime in here.

4

I believe @chevysalesgirl has stated that the Volt and Bolt cannot be leased for shorter than 36 months.

1 Like
5

If you’re in CA too, lease needs to be at least 30 months to qualify for the CVRP rebate.

Begs to question, what is the purpose of this lease if it’s a 2nd car with under 3k miles/yr?

6

Would you, could you consider a Model 3?

7

Of course, but the likelihood of availability in my timeframe is zero.

8

My wife wants a second car and she wants it to be an EV. We have another home and she spends most time there.

9

And therefore you have removed the Model 3 from consideration. My friendly point to another poster (@rieuk) was that people were not able to cross shop Bolt and Model 3 due to the big difference in availability. Enjoy the EV shopping - it is worth it :slight_smile:

10

I know, I am starting to sound like an investor in the LeaseTrader, but really. Why would you want to lease a car with 200+ miles range (and pay for it) when you need a lot less. Why not take over someone’s lease? like this one - http://www.leasetrader.com/2015_Chevrolet_Spark_EV_273708.xhtml

11

Used Nissan Leaf, costs between 6 to 10K depending on year and option, sell it when you are done having fun with the car

1 Like