Joined
·
411 Posts
I'm not seeing very much info on new Bolt owners lease details. I wonder why that is, usually there are a lot more postings with lease details. Are most people buying them? Maybe people are not thrilled with sharing those high #'s?
If GM isn't careful (and start making attractive Bolt leases), they are going to lose a valuable number of Volt lease return people like myself. I know two other people that are within two months of returning their Volts and want the Bolt but with current lease numbers well above $400 they (and I) are looking at cheaper alternatives like the current (and new, longer range) e-Golf.
The current lease numbers make no sense as you are paying $15-20K over the three year term to lease the Bolt. That's almost 3x of what an e-Golf will lease at. I KNOW it's not a fair comparison but the Bolt is still not worth 3x the money.
GM did a great job with the Volt and gained a lot of new customers that never set foot in a GM dealership prior to leasing the Volt. Now that we have had our run with the Volt (or two of them and 5 years like myself) we see they make a great EV product and want to move over to the Bolt for various reasons (more range, all electric, Volt is too small, etc.). However much we love our Volts we also like low lease payments and can no way justify the MSRP pricing on current Bolts.
Yes, GM has a potentially great product in the Bolt and it's currently in demand it seems. But I would venture to say the extra cash they are going to make on the first Bolt leases/sales by charging MSRP would be easily outweighed by attracting more customers with lower lease rates. People who have pre-ordered are already backing out when their car arrives because of the crazy high lease numbers. I think this is going to continue except for those that have to have the car now.
I'm hoping the current lease numbers don't continue thru the nationwide roll out. If they do you will see me and others jumping ship from GM to other brands for at least three years - and who knows what options we'll have at that time.
If GM isn't careful (and start making attractive Bolt leases), they are going to lose a valuable number of Volt lease return people like myself. I know two other people that are within two months of returning their Volts and want the Bolt but with current lease numbers well above $400 they (and I) are looking at cheaper alternatives like the current (and new, longer range) e-Golf.
The current lease numbers make no sense as you are paying $15-20K over the three year term to lease the Bolt. That's almost 3x of what an e-Golf will lease at. I KNOW it's not a fair comparison but the Bolt is still not worth 3x the money.
GM did a great job with the Volt and gained a lot of new customers that never set foot in a GM dealership prior to leasing the Volt. Now that we have had our run with the Volt (or two of them and 5 years like myself) we see they make a great EV product and want to move over to the Bolt for various reasons (more range, all electric, Volt is too small, etc.). However much we love our Volts we also like low lease payments and can no way justify the MSRP pricing on current Bolts.
Yes, GM has a potentially great product in the Bolt and it's currently in demand it seems. But I would venture to say the extra cash they are going to make on the first Bolt leases/sales by charging MSRP would be easily outweighed by attracting more customers with lower lease rates. People who have pre-ordered are already backing out when their car arrives because of the crazy high lease numbers. I think this is going to continue except for those that have to have the car now.
I'm hoping the current lease numbers don't continue thru the nationwide roll out. If they do you will see me and others jumping ship from GM to other brands for at least three years - and who knows what options we'll have at that time.