Is this a good deal?
"you would have a down payment of $1,500 and a monthly payment of $228.44 plus tax. The Volt is eligible for a $1,500 rebate from the State of California. You can find out more information and check if you qualify at https://cleanvehiclerebate.org. " – From dealer
I am shopping for a Volt LT as well. Here’s the incentives I was offered:
$4,610 CCR
$2,250 Market incremental CCR
$500 lease loyalty/competitive lease (are you eligible for this)?
$500 bonus tag
$200 first payment waiver
$8,060 total.
Looks like you are missing either the bonus tag or lease loyalty and the first month’s waiver
Dealer discount: $3,576. Looks like yours is $3,324.29 or $250 less
Residual: Yours is 50% compared to 51% for me since I’d be doing a 36/10 lease.$358.90 difference
MSRP: I’m looking at a true base model at $34,155. $867.50 difference after residual
Summary
$700 incentives
$250 dealer discount
$360 for mileage
$867.50 for options
I’m assuming the selling price is with the rebates (as otherwise the lease would be free), and hence isn’t really that great a selling price that you guys beat by miles (i.e. its not $2K negative, its about $0)