i am in southern california, but for the right price, i could be interested in picking it up in the bay area.
2017 Volt LT, 36 month lease, 10K or 12K miles per year.
Thanks!
Have a few Volt LT’s for $224 w/ tax $595 Due at signing 36 month 10K miles.
They’re in Southern California, I should have a few in Bay area too.
2016 Volt LT
36/10k: 49%; .00040
36/ 12k: 48%; .00040
2017 Volt LT
36/10k: 51%; .00040
36/ 12k: 50%; .00040
Are the numbers the same for NY?
I think your residual #'s are off? Should be 51% for 10k, 50% for 12k for 36 month leases.
2 Likes
What is the MF and residual for a 2017 Volt Premier for 36mo/12k? I am in CA. Best I have been quoted so far is .00060.
I am looking for a Premier in So Cal with Driver Confidence I and II along with the adaptive cruise for the high-speed automatic braking. Best I have found so far is payments of $359 (incl tax) with $1300 drive-off. This is with a sale price of 36,628 and 6485 in incentives (it has NAV which I don’t really care about). Hoping to cut that down a bit. Dealer is stating they are $3k under invoice with no more room and the .00060 is set by the bank. Thoughts?
Thanks!
Deal looks solid. Premier models have higher MF (.00060) and slightly lower residual (1% lower, if I recall correctly). If you don’t mind waiting, sign up for California Farm Bureau and get the $500 incentive after 30 days. Also browse chevy.com for the $1,000 private offer pop-up – tends to show up the last two weeks of the month. That should save about $42/month.
You are right. The residual I listed above are for 2016 Volt LT. Thanks for the correction! Let me correct my post.
Thanks for the tips! I have been trying with the private offer all weekend with no luck (using Incognito mode) but sounds like I may have a better chance as we move into the final couple weeks of the month. The Farm Bureau is a great idea but my current lease is coming due and I won’t be able to wait the 30 days. Appreciate all the help!
Be aware that you should be eligible for either the $500 lease conquest rebate or $500 GM lease loyalty rebate, depending on whether you have a current GM lease or not. If you can’t get a $1k private offer, those are the next best thing.
Thanks! Do you know if private offer stacks with the lease conquest or is it either/or?
Nope, private offer or lease loyalty or conquest.
Farm bureau would stack with 1 of the above.
What do you think of this deal ?
On a white 2017 Volt LT base lease for 36 months with 12K miles a year you are at a payment of $216.49 including tax with a total out of pocket expense of $1080.30. If you get the $500 farm rebate it’s $201.06. This is on a car with a MSRP of $34,095. which we have priced at $29845.00 and the residual is .50 and the money factor at .0004
That’s a fantastic selling price. You can try to score a $1,000 Private Offer, which can be combined with the Farm Bureau rebate.
Try refreshing this page a half dozen times and be on the lookout for a pop-up: http://www.chevrolet.com/camaro-sports-car/build-your-own.html
I got a private offer using Chrome yesterday. Be careful not to close the window/refresh when the pop-up appears, as you’ll lose it.
If you know you are likely to buy or lease a GM car in the future, get a GM credit card. It earns 5% on all purchases and the cash can be used on top of all other offers. They also do top off and bonus offers randomly! Can be used on a purchase or a lease!
Yeah, pretty smoking deal, assuming it is a true $4k dealer discount. Private offer + farm bureau would make it ridiculous.
I just received these number from a SoCal dealer on a Volt LT and Premier. Any feedback is appreciated.
LT-
MSRP: $34,265
Sales Price: $31,088.70 (before rebates)
Taxed Incentives : $7,360
Untaxed Incentives : $3,176
Selling Price Including rebate savings: $23,728
Down Payment: $1000
Acquisition Fee: $595
Net Capitalized Cost: $24,392.83
Miles/yr: 10,000 miles per year
Residual: $17,475
Months: 36 months
Money Factor: .0004
Monthly Payment (Excl. Tax): $208
Document Fees:
Doc: $80
Tire: $8.75
DMV: $29
License/Registrat. Fees:
Lic: $203
Reg: $101
Sales Tax 91206: 9.00% - $19
Drive Off: included in $1,000 down payment
First month’s payment incl. tax: $227
Disposition Fee:$395
Premier-
MSRP: $40,100
Sales Price: $36,732.75 (before rebates)
Taxed Incentives : $6,985
Untaxed Incentives : $3,367
Selling Price Including rebate savings: $29,747
Down Payment: $1000
Acquisition Fee: $595
Net Capitalized Cost: $30,414.86
Miles/yr: 10,000 miles per year
Residual: $20,050
Months: 36 months
Money Factor: .0006
Monthly Payment (Excl. Tax): $318
Document Fees:
Doc: $80
Tire: $8.75
DMV: $29
License/Registrat. Fees:
Lic: $239
Reg: $101
Sales Tax 91206: 9.00% - $28
Drive Off: included in $1,000 down payment
First month’s payment incl. tax: $346
Disposition Fee: $395
Looks decent…$3,176 dealer discount on the LT, $3,367 on the Premier.
I got $3,748 as a dealer discount off my '17 LT last month for comparison (end of month/end of quarter might have helped get a little extra off…see '17 Volt LT lease in MD; effectively $168, $0 due at signing for my deal). From what I’ve seen, $4k is about the max I’ve observed for pre-incentive dealer discounts on '17 LTs.
Be aware that you should be able to have the 1st month’s payment waived. I got my first payment waived by GM Financial, so I literally paid $0 at signing to drive my Volt off the lot (rolled everything into the monthly payments).
Looks like you are receiving some $500 rebate on top of the regular lease cash…do you have a current GM lease or competitor lease?
Unless you have a farm bureau membership, besides pushing for a little higher dealer discount, only other way to get more $ off is to get a $1k chevy.com private offer. That will net you an extra $500 off, assuming you are receiving some kind of loyalty/conquest rebate ($1k private offer would replace the $500 conquest/loyalty rebate since you can only apply 1 private offer per transaction).
See http://gm-volt.com/forum/showthread.php?101353-1000-Private-Offer-No-Myth-scored-a-deal-with-that-on-Feb24&highlight=private to find out how to get a $1k private offer.
Also, I recommend to pay nothing down and keep the $1k in your pocket. The interest rate is so low it’ll barely make a difference in the end. Less money down on the lease the better.
edit: I did the math…$1k down would save you a whopping $14 in interest by the end of the lease, or 39 cents a month. I’d just pocket the $1k. 
Here’s the quote that I got from one of the dealership in Bay Area.
Sign and drive, 36 month 12k miles. $236.50 included tax. Nothing due at sign. With grade incentive.
What do you guys think of this deal?
Thank you!
Looks solid and hopefully with a 2.5k California rebate, will be even sweeter