[VoltFish]

Hey everybody, just wanted to give an update on my Volt lease in case anybody else is looking around for recent prices (like I was doing for awhile)...

Here's the deal I ended up with, this is in non-CARB state:
2017 Volt LT with comfort package ($34,555 MSRP model)
36 month lease, 12k miles per year
$283/month before sales tax
$0 due at signing, first month payment is covered. My only cost is the 35 future payments.

 

[DonC]

That's great. More details -- residual, lease cash, etc -- would be great to know.

 

[138luis]

What's the total monthly payment?

 

[VoltFish]

MSRP: $34,555
Residual: $17,277.50 (50%)

Sale Price (including first month's payment, acquisition fee, doc fee, cap cost reduction taxes, etc.): $33,530
Cap cost reductions (all applied by dealer, no cash from me): $6,702 (I assume this is from $4,600 GM lease cash + $500 competitive lease conquest + another $1,602 from "bonus tags" and/or similar dealer incentives)
Net cap cost: $26,828
Money factor: 0.0004
Monthly payment before sales tax: $282.93
Total monthly payment with 6% sales tax: $299.91

 

[bro1999]

$0 down, sub $300/month (barely!) Volt lease in a non-CARB state...well done!

 

[firehawk72]

Hey everybody, just wanted to give an update on my Volt lease in case anybody else is looking around for recent prices (like I was doing for awhile)...

Here's the deal I ended up with, this is in non-CARB state:
2017 Volt LT with comfort package ($34,555 MSRP model)
36 month lease, 12k miles per year
$283/month before sales tax
$0 due at signing, first month payment is covered. My only cost is the 35 future payments.

I live in Kentucky as well. Just out of curiosity, who did you purchase/lease from? You can PM me if you don't want to state online.

 

[Bacardi]

I think you could have done a little better on the sales price (many have done far worse) but if you're happy with the car, just ensure your battery terminals are correctly aligned and be happy!

 

[VoltFish]

Keep in mind the sales price has the first $300 payment, $595 acquisition fee, tax on the cap cost, etc. all rolled in.

If you back out everything and just go with the standard $4600 lease cash + $500 lease conquest cash then the actual selling price of the car was about $30,650 before those incentives were applied.

 

[bro1999]

I think you could have done a little better on the sales price (many have done far worse) but if you're happy with the car, just ensure your battery terminals are correctly aligned and be happy!

The sale price includes a bunch of fees/taxes. So take out the $595 lease acq fee, dealer doc fee of a few hundred, first payment of $300, $402 on 6% of the rebates, and that's a final sale price of around $31,900....which is not bad at all for a non-CARB dealer.

 

[VoltFish]

The sale price includes a bunch of fees/taxes. So take out the $595 lease acq fee, dealer doc fee of a few hundred, first payment of $300, $402 on 6% of the rebates, and that's a final sale price of around $31,900....which is not bad at all for a non-CARB dealer.

Right, plus the extra $1600 cap cost reduction the dealer applied so that's how it goes from about $31,900 like you said to $30,650 or so that I calculated for the selling price.