snowang
Posts: 8
Joined: Mon Oct 16, 2017 11:11 am

Re: How Much I Paid for My Bolt

Tue Oct 17, 2017 11:40 pm

Just came back from the closest dealer and I asked several times and they said there would not be a disposition fee unless I return it early. There is also no mention of acquisition fee. Is that right?

bluebolt
Posts: 33
Joined: Sun Sep 10, 2017 9:15 pm

Re: How Much I Paid for My Bolt

Wed Oct 18, 2017 4:37 am

snowang wrote:Just came back from the closest dealer and I asked several times and they said there would not be a disposition fee unless I return it early. There is also no mention of acquisition fee. Is that right?


Disposition fee is most likely $395. If they say there is no disposition fee, they probably mean, "there is no disposition fee as long as you renew your lease with GM."

Acquisition fee is most likely $595. It might be folded into the monthly payments, but it is still $595 sitting there somewhere.

snowang
Posts: 8
Joined: Mon Oct 16, 2017 11:11 am

Re: How Much I Paid for My Bolt

Thu Oct 19, 2017 2:01 am

I pulled the trigger.

MSRP: $44310 (Kinetic blue, driver II, info, and $405 worth of extra options)
Dealer discount $4000
Selling price: $40310
Dealer applied $5850 total rebates, including $4350 from the leasing company in place of federal tax rebate
Adjusted capitalized cost: $38,570
36 month 12k miles/year
Rolled $500 XC protection plan into the lease
0 down
Total of 36 payments of $395.69

After the $3k MD tax rebate and $700 costco cash, I should come out about $293/mo.

The color is so pretty!!!
Last edited by snowang on Thu Oct 19, 2017 12:42 pm, edited 1 time in total.

mtbchris

Re: How Much I Paid for My Bolt

Thu Oct 19, 2017 11:17 am

Drove my new LT w/ DCFC home last night. Lease was $2500 down, $193/month, (plus state tax) for 36 months, 12k miles / year (Quirk). Here in MA we can also take advantage of a state "drive green" rebate program (even if leased) for $2500 back. So far I'm thrilled with the car. For those in the Eastern MA/Boston area shopping for a Bolt (or any electric for that matter) start your shopping here - the website stacks up local purchase and lease offers from dealers, and pricing is updated regularly: https://www.massenergywebservices.com/d ... le-all.php

BTW, for those just starting out their shopping, if it isn't evident by now, some dealers are practically clueless about this car and it's features, and the ones that are selling a ton of these, clearly have experienced sales staff & know the car inside & out. I started with a dealer not listed on the drive green website, and after some poking & prodding I found out that they had not sold 1 Bolt yet (only had 3 on their lot) and they didn't know very much about the car. I thought it would be an opportunity to strike a good deal (to sell their FIRST Bolt), but they couldn't even come close to the (very) competitive pricing I ended up going with at another dealer (the BEST lease offer I got from the "clueless" dealer on a LT w DCFC this week was $4500 down, $239/mo for 10k miles/yr).

edsw
Posts: 3
Joined: Fri Oct 13, 2017 1:46 am

Re: How Much I Paid for My Bolt

Thu Oct 19, 2017 8:28 pm

Hi All - I'm in CT. I took delivery of a Bolt Premier yesterday, from Cargill Chevy in Putnam. It has DCFC, Driver Confidence package, and the Infotainment package. My lease terms are 36 months and 15K miles/year. I signed over the state $3K rebate to the dealer, but otherwise had no money out of pocket. Lastly, the first payment was waived. My monthly lease is $346 plus tax, for 35 payments.

Thanks for everyone sharing here! I was able to negotiate a better price with your help.

redbaron

Re: How Much I Paid for My Bolt

Sun Oct 29, 2017 5:56 am

I wish I'd seen this forum before I leased my new Bolt... now I just feel bad :-/

Vehicle: Bolt Premier (Cajun Red, w DC Fast Charging, Driver Confidence II, Infotainment Package).
MSRP was $43,905
Trade in value was $7,000 (KBB value, which I was happy with).
Discount off of MSRP ~$1,600
Rebates & Credits were $4,633
12k miles / year
Monthly payment of $260 + Tax.

It seems like much better deals are possible. I think I could have probably negotiated a better rebate and especially a bigger discount off of MSRP. It was my first time ever leasing a car. I'll know better next time. Still, I absolutely love the car.

Chargeit
Posts: 11
Joined: Tue Nov 28, 2017 5:22 pm
Location: Suburban Maryland

Re: How Much I Paid for My Bolt

Tue Nov 28, 2017 9:27 pm

We bought our Bolt from Sport Chevrolet on Black Friday. They're located in Silver Spring, MD.

Our Bolt is an LT, Nightfall Gray Metallic, has DCFC, Driver Confidence 1 and Comfort packages.
MSRP = $38,420
We paid $32,000 before destination, taxes, etc.
Rebates and tax credits will come to $10,500 ($7500 federal, $3000 Maryland)
Final price = $21,500

Plus, since it was Black Friday, they were handing out 50" UHD TVs. It wouldn't go into the Spark, but just managed to fit into the Bolt with a couple inches to spare.
2) 2015 Spark EVs and 1) 2017 Bolt EV!

Jons
Posts: 5
Joined: Thu Dec 08, 2016 10:57 pm

Re: How Much I Paid for My Bolt

Mon Dec 04, 2017 8:23 am

Leased a Bolt Premier with DCFC, Infotainment, and Driver Confidence in Orange County, CA

Monthly Payment: $379/month
15k miles
$0 down
$0 drive-off
36 months

MSRP: $43,510
Incentives: $3,770
Adjusted Cap Cost: $35,350
Residual: 57%
MF: .00088

Doesn't include $700 Costco card, $2500 California Clean Air Rebate, and $450 Socal Edison Rebate.

In and out of the dealer in 1 hour.

Sperling3
Posts: 32
Joined: Mon Nov 27, 2017 4:14 pm

Re: How Much I Paid for My Bolt

Mon Dec 04, 2017 8:48 pm

Looks like a similar deal that I'm getting in Northern California. What I don't get is the "incentives" piece. It sure seems to me that Chevy is basically giving us 1/2 of the Federal tax credit of $7500 and keeping half for themselves. Why isn't there a bigger price reduction because of the Federal Tax Credit that the leasing company gets?

Jons
Posts: 5
Joined: Thu Dec 08, 2016 10:57 pm

Re: How Much I Paid for My Bolt

Tue Dec 05, 2017 3:33 am

Sperling3 wrote:Looks like a similar deal that I'm getting in Northern California. What I don't get is the "incentives" piece. It sure seems to me that Chevy is basically giving us 1/2 of the Federal tax credit of $7500 and keeping half for themselves. Why isn't there a bigger price reduction because of the Federal Tax Credit that the leasing company gets?


I was asking about this as well and apparently GM doesn't get the full tax credit. Edmunds has a forum where people can tell you the current MF and residual on any lease at any given month I'm not exactly sure how much they end up getting or why it's only partial. But yeah I was pretty confused and miffed about that as well.

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