Receive a lease deal for 2017 Chevrolet Volt 5dr HB LT -- $228.44 per month

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

MSRP: [$35,890.00]
Selling Price: [$25,205.71]
Rebates: [?]
Incentives: $7,360.00 (don’t know which incentives)
Trade-in: [$0]

Months: [36]
Annual Mileage: [12,000]

MF: [.000620]
Residual: [optional]

Down payment : $1500
Security Deposit: [$0]
Document Fees: $80
Assignment Fee: $595.00
Monthly Payment (before Tax): [$228.44]

Zip Code: [SoCal]
Sales Tax Rate: [8%]

Definitely looks promising

If you are asking the question, it goes under “Ask the Hackrs” and not “Share deals & tips”

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

$2,177.50 difference between the deals.

Can you PM me the info about the dealer where u got this price?

There are dealers on here offering better deals now, @ChevyPhil and @chevysalesgirl for example.

2 Likes

depends if that’s 1500 down + driveoffs or just 1500 out of pocket.

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)

1 Like