GM Volt Forum banner
1 - 2 of 2 Posts

·
Banned
Joined
·
7,289 Posts
Discussion Starter · #1 ·
http://www.carsdirect.com/2017/chevrolet/bolt-ev

That is the largest factory rebate offered on the Bolt EV to date. The way it's worded, I *believe* the $1,500 loyalty money is eligible on a lease as well.

Speaking of leases, those in CA/OR/Northeast are eligible for 36 month/15k mile leases for just $299/month and $502 down (plus taxes and fees). I bet even better deals can be had with some haggling...and if you qualify for the loyalty money, there's another $42 off the monthly.
 

·
Banned
Joined
·
7,289 Posts
Discussion Starter · #3 · (Edited)
So for CARB state residents, the following incentives should be available:
- $3,250 CCR (basically CARB lease cash)
- $1,250 lease cash
- $1,500 lease loyalty cash (for current GM lessees)
- $1k private offer (for those that received it. I just got an email today reminding me I have one)

So potentially $7k in lease incentives. Then toss in a 3-4k dealer discount on top, you're looking at up to $11k in total incentives/discounts on a lease. And in MD a Bolt is eligible for a $3k state EV rebate, so that bumps the total possible incentives to $14k.

By my math, someone could lease a barebones Bolt LT for $0 down, $257/month for 36 months/10k miles a year in MD. Which would equal $215/month after factoring the $3k MD rebate. Almost tempting to see if the math would work to consider flipping a Bolt. Of course I no longer have a GM lease, so that would gum up the flipping math.

For this to make any kind of $$$ sense, I would need to start a LLC (I've already used up my eligibility for the MD EV rebate as an individual), but companies are eligible for up to 10 state rebates for EVs.
 
1 - 2 of 2 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top