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Discussion Starter #1
Just leased my new 2017 Volt LT from Penske Chevrolet in Cerritos. Easy transaction. PM if you're interested in who I worked with.

MSRP: $34,155 (Base with cargo net)
Dealer Discount: $4,161
Selling Price: $29,994
Less Incentives: $7,360 ($4,610 + $2,250 + $500 conquest)
Add Acquisition Fee: $595
Net Cap Cost: $23,229

Term: 36 months, 15k miles/year
Residual: 48% = $16,394.40
Money Factor = 0.00040

Monthly Depreciation = $189.85 ($6,834.40/36months)
Monthly Finance Charge = $15.85 (MF x (net cap cost + resid))
Pre Tax Monthly Payment = $205.70
 

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Just leased my new 2017 Volt LT from Penske Chevrolet in Cerritos. Easy transaction. PM if you're interested in who I worked with.

MSRP: $34,155 (Base with cargo net)
Dealer Discount: $4,161
Selling Price: $29,994
Less Incentives: $7,360 ($4,610 + $2,250 + $500 conquest)
Add Acquisition Fee: $595
Net Cap Cost: $23,229

Term: 36 months, 15k miles/year
Residual: 48% = $16,394.40
Money Factor = 0.00040

Monthly Depreciation = $189.85 ($6,834.40/36months)
Monthly Finance Charge = $15.85 (MF x (net cap cost + resid))
Pre Tax Monthly Payment = $205.70
Thanks for the post.

What is the down payment?
 

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Discussion Starter #3
I'm not sure if you're referring to an out of pocket cap cost reduction or the drive offs.

I contributed nothing out of pocket to the cap cost reduction.

The drive offs (about $1000) are comprised of:
Tax on incentives
DMV and Registration
Documentation fees

GM Financial waived first month's payment.
 
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