[willymy]

My Volt lease is expiring soon. I have decided to lease a Bolt. A local dealer, not were I leased the Volt, is giving me strange lease numbers. Basically, they are not accounting for the tax credit. I have leased two Volts and both leases accounted for the tax credit.

MSRP $ 42,500
55% residual
$ 2,100 cash up front

Payment for 36 months around $ 700

Am I missing something?

 

[Jmaj]

Perusing the GM Financial Dealer Workbook, I'd say GMF is using half the credit to inflate the residual value, and keeping the other half for itself.

 

[Ladogaboy]

GM hasn't been pushing leases on the Bolt EV very hard. It appears that they have been attempting to promote sales over leases, and that has been true since the Bolt EV was released over a year and a half ago.

Also, it appears that GM is restricting domestic deliveries to avoid triggering the Federal Tax Credit phase out, so I wouldn't expect much in the way of deals on the Bolt EV or Volt until 2019.

 

[Ladogaboy]

Of course, it's also possible that you might want to have one shipped out to you: