Costco is offering a $3000 additional incentive for purchase or lease of a new Chevy Bolt. Combined with existing incentives you should be able to get 3 Year / 12k miles leases from the $5-$8k range (maybe less). I dont have a specific deal, but in MD I can get a $38k MSRP LT for $7k. I am sure there are better deals in CA and other states which don’t charge sales tax on the full price of the car or where there are state rebates.
Chevrolet Bolt EV
Limited-Time Special
Available September 1, 2020 - January 4, 2021
Costco members who purchase or lease a new 2020 or 2021 Chevrolet Bolt EV by Jan. 4, 2020, can combine:
A $3,000 Costco member-only incentive
Available Chevrolet Bolt EV incentives for which the member qualifies
1To qualify for the Chevrolet Bolt EV Limited-Time Special, you must: (1) be a current Costco member by August 31, 2020; (2) register with Costco Auto Program online or through its call center to receive a certificate with your unique promotion code; (3) present your certificate and unique promotion code to any Chevrolet dealer at time of visit; (4) take delivery of a new and eligible 2020 or 2021 Chevrolet Bolt EV between September 1, 2020, and January 4, 2021, to receive the $3,000 incentive. Incentive will be applied at time of eligible purchase or lease. This Limited-Time Special is compatible with most publicly available Chevrolet incentives for which you qualify. Incentive cannot be combined with HR Voucher Coupon. Subject to change without notice.
It isn’t a Cash Card. “This Limited-Time Special is compatible with most publicly available Chevrolet incentives for which you qualify.” Costco will specifically say when it is a Cash Card, so nearly certain this isn’t one
based on the fine print it seems as though the $3k is in addition to existing incentives and you’d get the full $3k. Let’s see how it plays out. I dont think this is all marketing though.
The problem with @ethanrs deal is that they are one off. We need this to become a reasonably available deal like a certain etron.
So perhaps start with MSRP
add 3k Costco discount, extra 9% dealer discount and then Chevy incentives of
$5750 lease cash
$1500 loyalty
and
.00053 MF and 52% residual
We get around 170 a month or one pay of 7k before any state incentive. With CVRP, CVAP or NJ incentives, the BOLT is indeed the EV car of the masses.
Biggest question here is whether Chevy adjusted their incentives accordingly for the new month. If they stayed the same… well apparently I’m allowed a total of 4 rebates within the 10 year NJ program term!
I think 9% is going to be tough on these. Dealers don’t have many on the lots to begin with and this additional rebate will allow them to discount less. These are going to be nearly impossible in NJ with our $5000 rebate
derecho