$19 is not realistic. Several months ago two individuals posted here that they got US Bank down to $11,000 and $12,000 but after weeks of going back and forth but the low US Bank offer only came in days before the car was due to be turned in. As I understand it, some or all of the $7,500 federal tax incentive (which US Bank pocketed) was added to the residual to bring down the lease payment; your residual may actually be $16,500 if the applied the entire $7,500 to the residual.
Another person needing input on Volt lease buyout
Hi All,
My 2014 Volt lease is ending this month. I only have 23k miles (lease was for 30k). I called US Bank and they came down from $24k (plus tax) residual to $19k (incl taxes). Still more than I want to pay. I will call them back again, but I am wondering if the low mileage will impact my ability to get them down lower. Any thoughts?
Also, has anyone purchased an extended warranty? Are they worth it?
thanks!
ses
My 2014 Volt lease is ending this month. I only have 23k miles (lease was for 30k). I called US Bank and they came down from $24k (plus tax) residual to $19k (incl taxes). Still more than I want to pay. I will call them back again, but I am wondering if the low mileage will impact my ability to get them down lower. Any thoughts?
Also, has anyone purchased an extended warranty? Are they worth it?
thanks!
ses
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