Exactly. Why would GM put incentives on a vehicle for attractive lease options when GM is still ramping supply to try to meet demand. I doubt there will be any good deals on Bolt EV's until details on the 2018 model year are released.Purchasing is really the only thing that makes sense right now. Lease numbers just aren't good at the moment. Minimal discounts compounds that issue. It's pay to play in a seller's market currently.
Some people willing to wait may be able to pick up a leftover, bonus tagged, barebones '17 LT this December. If they are even still around.Exactly. Why would GM put incentives on a vehicle for attractive lease options when GM is still ramping supply to try to meet demand. I doubt there will be any good deals on Bolt EV's until details on the 2018 model year are released.
But a VOLT lease sure looks good right now!So far GM hasn't lost a sale yet, and you are spoiled by the give-a-way Volt leases from the 2012-2013 time frame. Its a 40K vehicle, do the math on what is common for 3 year depreciation ( near 50% ) and you get the payments expected for a car that expensive. I doubt there will be any deals for at least 6 months, as long as demand is greater than supply, no deals for you. That's how businesses work. For example there are 250K Leaf owners that will be knocking down the doors for Bolts ... that alone will suck up supply for the foreseeable future.
As others suggested, if you want a Bolt, be happy with 1K off and buy one, otherwise you can shop based on lease price and find the next bargain car waiting for you, it won't be a Bolt.
I guess I'm spoiled by the subsidized BMW leases. A $73K MSRP car for $540/month - all maintenance included for three years.So far GM hasn't lost a sale yet, and you are spoiled by the give-a-way Volt leases from the 2012-2013 time frame. Its a 40K vehicle, do the math on what is common for 3 year depreciation ( near 50% ) and you get the payments expected for a car that expensive. I doubt there will be any deals for at least 6 months, as long as demand is greater than supply, no deals for you. That's how businesses work. For example there are 250K Leaf owners that will be knocking down the doors for Bolts ... that alone will suck up supply for the foreseeable future.
As others suggested, if you want a Bolt, be happy with 1K off and buy one, otherwise you can shop based on lease price and find the next bargain car waiting for you, it won't be a Bolt.
The "lost" sales have likely be replaced by people scooping up Bolts that opened up when the original ordering customers passed. I've seen quite a few Bolts "loosen up" like that get poached by people waiting in the weeds.I guess I'm spoiled by the subsidized BMW leases. A $73K MSRP car for $540/month - all maintenance included for three years.
And GM has lost a sale (or three - including myself and co-worker) - not sure where you are getting your data.
"Sad to say we are walking away from our Community Chevrolet Bolt that was just delivered today after posting a $500 deposit in November. They said delivery was expected 12/16 it arrived 1/12 ready for pick up today. After going over the numbers offering $2500 GM rebate and $1,500 down the monthly cost would be $489. Credit Score just under 760. This was on the LT model and the MSRP was $38,800.00 Sorry, not going to do this! :frowning:"
Exactly! There are many of us just like you in the same situation.In the same boat. My last few cars were BMWs, and the Volt is what brought me to GM. With the payment going nearly double what my Volt lease is, it just does not make sense to stay with a GM, even with it being the Bolt.
My hopes are the leases do drop so it is reasonable in the future to stay with a car that is considerably cheaper than I am used to paying for.
Can you buy one off the lot right now? If you have to order, that validates that there is demand.People may be waiting in the weeds but when I can order a Bolt for delivery in a few weeks at my local dealership, demand is NOT as great as it would seem.
I will check and see. Being in the SF Bay area that would be a good indicator of demand.Can you buy one off the lot right now? If you have to order, that validates that there is demand.
GMF caters to the sub-prime market, to currently qualify for top tier (lowest MF/interest) you only need a 620...Credit Score just under 760. This was on the LT model and the MSRP was $38,800.00 Sorry, not going to do this! :frowning:"
With 350kW CCS charging standard being so close to being ratified, purchase doesn't necessarily make a huge amount of sense right now either. Depends on how much you need/use fast charging, I suppose. I'd need it weekly, so I'd be miffed if I bought a Bolt today and the '18's or '19's had 70-, 80-, 100-kW DC charging.Purchasing is really the only thing that makes sense right now. Lease numbers just aren't good at the moment. Minimal discounts compounds that issue. It's pay to play in a seller's market currently.
I called around to local dealerships. There are Bolts available to take delivery today at MSRP . First dealer I called had 15 to 20 that I could choose from.Can you buy one off the lot right now? If you have to order, that validates that there is demand.
Or you can look at it with a glass half full view: GM is cranking out Bolts to meet demand.I called around to local dealerships. There are Bolts available to take delivery today at MSRP . First dealer I called had 15 to 20 that I could choose from.Can you buy one off the lot right now? If you have to order, that validates that there is demand.
Seem to me that if there was great demand for the car they wold be some sort of waiting list.
I never thought I'd see bro advocating purchasing... but it is what it is. It reminds me of how dealerships gouged early Miata and BMW Z3 buyers. Subsidized leases come and go, when sales get soft, the incentives get better - it's all supply and demand.Purchasing is really the only thing that makes sense right now. Lease numbers just aren't good at the moment. Minimal discounts compounds that issue. It's pay to play in a seller's market currently.
GM might lose customers but they won't be valuable customers. As a business trying to gain sales by discounting is a terrible idea. If people aren't willing to pay for a long range BEV then there is no point in trying to sell them a long range BEV. GM can't sell a BEV with a 248 mile range for the same price as a BEV with 124 mile range. Just not possible. So if people aren't willing to pay more for double the range then they aren't in the target market.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.
He's realistic. The best time to lease is when the discounts off MSRP are high. Every dollar of discount you can claim during the first three years. Right now the discounts are minimal and, the way GM structures the leases, you don't get the benefit of the full $7500.I never thought I'd see bro advocating purchasing... but it is what it is. It reminds me of how dealerships gouged early Miata and BMW Z3 buyers. Subsidized leases come and go, when sales get soft, the incentives get better - it's all supply and demand.