[mariolopjr]

Model: MY17 Volt Premier w/ DC1 and 2, ACC
Mileage: ~3k
Price (before fees): $27119

Thoughts??? Is there anything else I should of listed? I am in FL, and the price INCLUDES $7500 tax credit taken off by dealer (they claim) which is perfect since I don't have as large a tax liability to get the full credit. Please let me know if this is a good price or bad price in Florida!

Thanks!!! -Mario

 

[climbbike]

After dealer credits and tax break in WA, I got my 17 premier with acc for 28,500 brand new. So OK deal but not great deal.

 

[BAZINGA]

Considering it's a 2017 with ACC I'd say it's about as good as you'll find.

 

[llninja]

You've only presented the sales price. What about the other half? Are you paying cash or financing? You mention not having a big enough tax liability which could mean you are retired and rich and don't plan on taking a big dispursement out of retirement accounts, or you aren't making very much income (implying less than $58k per year to not have a $7500 tax burden). If it is the latter, buying a $27k car might be fiscal insanity. Or maybe you are misunderstanding how the tax credit works. It's based on total taxes owed before you factor in how much was withheld. Just take a look at the "taxes you owe" line on last year's tax form.

 

[MIKECELI]

Actually the fed tax credit is against your TAX LIABILITY/OBLIGATION.

 

[Gary Norton]

That is an excellent deal for you. In round numbers you are getting a $5000 discount on a nearly new car plus the $7500 discount which reflects the tax credit taken by the dealer. While it is not new it is as close to new as possible and is exactly how people who cannot take advantage of the full federal tax credit should purchase Chevy Volts.

 

[DonC]

Considering it's a 2017 with ACC I'd say it's about as good as you'll find.

+1. Sums it up.

 

[mariolopjr]

@climbbike: I am working with another dealer to then use that to negotiate even better. I am not financing (against my dealers recommendation lol) until delivery of vehicle once it hits $3k miles and taken out of the loaner program, so I will negotiate more at the "deal signing"

@BAZINGA: trying to get the best deal I can, and I just have to have ACC (I drive a lot but I don't really have to have, more of a want lol)

@llninja: this year I will be close, next year due to my personal pursuits and job promotion, I will be able to claim full tax credit. That's why I said liability in my orig post And I understand about the financing, I am replacing a current financed vehicle, of which this financing deal I will pay 25% down. I just love green cars and finally decided...to hell with it. I can have the volt for the same monthly payment as my currently financed car so....not the best for sure. But the payment being as affordable as it is, as I don't live beyond my means (excluding this car purchase I guess) I'll have it paid off fairly quickly. additionally, I spend $200 in gas on my commute (~50mi non-highway speeds in a v6), so it would be nice to pocket some of that in savings, it sounds electrifying. Anyways financing anything is never a good idea, but in this case, I'm going for it haha. I do appreciate the opposite argument!!!

@MIKECELI: yup I know thanks for the heads up!!

@Gary & DonC: thanks for the affirmation. It seems good, I don't mind the little miles if I save $$$, and having the tax credit as part of the sale makes the monthly payments and overall interest in the first X payments a lot lower, better than getting the full credit and applying to principal and refi.



Really appreciate it guys. Trying to get another dealer to beat this deal, so when I get to the signing table, i can negotiate a little more. Every $ counts!

GO VOLT!

-Mario

 

[Bacardi]

This past July, my MY17 LT w/leather and bose (MSRP $36.2K) I got about the same amount, I went to CarMax who offered $25K, Beepi for $26,750 and finally trade in solution (local "we'll beat any CarMax deal" CA company) for $27K...So I'll say outstanding deal...

 

[MarylandHoosier]

Headed into a Maryland dealer to purchase a Premier tonight. Sticker was $41,780, including DC1 & 2, ACC, Nav, and about $1000 in dealer installed options, which when I said I wanted a car without dealer options, they discounted an additional $1000. Dealer discount was just under $4k, rebates $3k, $700 Costco gift card. After rebates and discounts but before taxes/fees, price was $35k, less the 7500 fed rebate. Decent deal?

 

[llninja]

This past July, my MY17 LT w/leather and bose (MSRP $36.2K) I got about the same amount, I went to CarMax who offered $25K, Beepi for $26,750 and finally trade in solution (local "we'll beat any CarMax deal" CA company) for $27K...So I'll say outstanding deal...

I wouldn't go so far to say it's an outstanding deal. Outstanding would be half price, but I'm just a stickler for finding the deal of the century. Gen2s are still a bit high priced right now, wait a year when bolt and tesla model 3 are in large quantities, and Chevy dealers will be begging you to take a gen2 off their hands for far less. So a leftover 2017 model with 2018s are arriving should be the sweet spot.

 

[JD4JC]

. . . wait a year when bolt and tesla model 3 are in large quantities . . .

Huh?? Wanna bet?

 

[llninja]

Huh?? Wanna bet?

You're probably right, so maybe the big price drop is in fall of 2018 when 2019 models arrive. For as quickly as they are moving to all join in the EV crazy, it does feel like a snails pace. I've had my volt for 3 years the only car that beats it is EV range with a range extender is a newer volt. I would think that someone would at least come close to matching the volt.

BTW, if we are listing vehicles in the driveway (or barn) like in your signature I have to add:
2004 Cadillac CTS - 5 speed manual trans
1995 Chevy Suburban C2500
1989 BMW 535i - 5 speed manual
Mid 90s Jeep YJ Sahara Edition
John Deere 3032E diesel tractor 4WD with hydrostatic trans and front loader
John Deere 850 diesel tractor 2WD with manual trans
John Deere Z655 zero turn 54 inch mower
A pair of matching John Deere 345 garden tractors, one with 54 inch modern deck, one with 48 inch front plow

Most fun vehicle before the volt: 1985 Toyota Supra w/ 5 speed manual transmission, small RWD car with really sexy lines. I with I never sold it.

 

[Bacardi]

I wouldn't go so far to say it's an outstanding deal. Outstanding would be half price, but I'm just a stickler for finding the deal of the century. Gen2s are still a bit high priced right now, wait a year when bolt and tesla model 3 are in large quantities, and Chevy dealers will be begging you to take a gen2 off their hands for far less. So a leftover 2017 model with 2018s are arriving should be the sweet spot.

It's all relative I suppose; this is about 33% off and the lowest reported ACC equiped Volt we've seen...Many are reporting dealers are knocking $2000-$4000 the sales price even outside of CA...

 

[Kraven]

It's all relative I suppose; this is about 33% off and the lowest reported ACC equiped Volt we've seen...Many are reporting dealers are knocking $2000-$4000 the sales price even outside of CA...

Not sure if you are referring to the OP deal, or one of the subsequent posters deals. If OP keep in mind not a new car, and after fed credit factored in. I'm probably misunderstanding the 33% off you reference somehow...

 

[Bacardi]

Not sure if you are referring to the OP deal, or one of the subsequent posters deals. If OP keep in mind not a new car, and after fed credit factored in. I'm probably misunderstanding the 33% off you reference somehow...

Like anything else, it's compared to what; the OP stated he would NOT qualify for full fed credit anyway so we cannot factor in that full amount...On the other end of the spectrum, he could have bought an used 2011 Volt for $9995 at 75% off...

 

[tgolden]

I would consider the deal I landed on a left over MY13 purchased in 15' outstanding. Loaded $17000 minus the tax credit of $7500 = $9500 for a $40k+ car in 13' purchased in 15'. It is now paid in full and I plan to drive this car till it won't run anymore. Currently sitting at 19k miles.

 

[jrdecat]

Earlier this year I bought a new 2014 Premium with both safety packages and nav for $24k. I'll be able to take the full $7500 plus $5500 in CO state credit/refund to make the net $11k. I have a written quote for a new 2017 Premium with ACC and nav for $36,750, which is $3k below invoice. I'll also get the $700 Costco gift card and $500 Farm Bureau discount. After tax credits I'll pay $23,050. Of course neither of those examples consider the cost to finance the amount of the tax credits from the time I bought/buy the car until I receive the credit. In CO it is actually a credit or refund.

 

[Boldy]

Earlier this year I bought a new 2014 Premium with both safety packages and nav for $24k. I'll be able to take the full $7500 plus $5500 in CO state credit/refund to make the net $11k. I have a written quote for a new 2017 Premium with ACC and nav for $36,750, which is $3k below invoice. I'll also get the $700 Costco gift card and $500 Farm Bureau discount. After tax credits I'll pay $23,050. Of course neither of those examples consider the cost to finance the amount of the tax credits from the time I bought/buy the car until I receive the credit. In CO it is actually a credit or refund.

That sounds almost identical to my purchase last month in Denver, except I also had >$3000 credit from my GM card as well. Also took the 0% financing.

 

[Gary Norton]

Earlier this year I bought a new 2014 Premium with both safety packages and nav for $24k. I'll be able to take the full $7500 plus $5500 in CO state credit/refund to make the net $11k. I have a written quote for a new 2017 Premium with ACC and nav for $36,750, which is $3k below invoice. I'll also get the $700 Costco gift card and $500 Farm Bureau discount. After tax credits I'll pay $23,050. Of course neither of those examples consider the cost to finance the amount of the tax credits from the time I bought/buy the car until I receive the credit. In CO it is actually a credit or refund.

You will not get a $5500 Colorado tax credit. Starting in tax year2017 there is a flat credit of $5000. For prior years the credit is computed by taking the base price of the car, subtracting any incentives you received, subtracting the federal tax credit you receive, multiplying that number by the kilowatts in the battery, which for 2014 was 14.2, I believe, and dividing that number by 100. Depending on how your contract was written up the tax adjusters may subtract the entire discount that you got when you purchased the car. They did that for me in 2015. You can read more about this in a Colorado Department of revenue document entitled FYI 67.