How Much I Paid for My Bolt

[rocstar]

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.

That's a great price! No trade-in or anything?

I paid $36,000 for mine before taxes & fees
MSRP $39890 (including destination) - Kinetic Blue LT, DCFC, Driver Confidence I, Comfort & Convenience, all-weather floor mats, and wheel locks (I couldn't care less about the wheel locks!)
$9500 rebates and tax credits ($7500 fed, $2000 NYS)

[Chargeit]

That's a great price! No trade-in or anything?

No trade in. My wife's old car is actually worthless.

BUT, we were there for six hours. The dealership was very busy (Black Friday) and our salesman was juggling two other buyers. We did test drive a few cars (a Volt and two Bolts) and took a lunch break in the middle. It was still a pain.

I suspect the low price had more to do with the 2018s coming out and they had about 12 Bolts on the lot. And the slime factor was noticeably lower than with the two nearby Ourisman dealers. I did get into it with the finance manager, the last step where they can screw you. There's just nothing pretty about buying a car.

[Jons]

That's a great price! No trade-in or anything?

No trade in. My wife's old car is actually worthless.

BUT, we were there for six hours. The dealership was very busy (Black Friday) and our salesman was juggling two other buyers. We did test drive a few cars (a Volt and two Bolts) and took a lunch break in the middle. It was still a pain.

I suspect the low price had more to do with the 2018s coming out and they had about 12 Bolts on the lot. And the slime factor was noticeably lower than with the two nearby Ourisman dealers. I did get into it with the finance manager, the last step where they can screw you. There's just nothing pretty about buying a car.

Sorry to hear about the experience. That's why I try to conduct absolutely everything via email. When it's time to show up at the dealership, all I want to do is inspect the car, sign the paperwork and be out of there.

I was in and out in under an hour.

[Chargeit]

I was in and out in under an hour.

I hear it. When we bought the Spark EV a couple years ago I was so sick of the local dealers I called one 60 miles away. Not only did the salesman beat the Truecar price, which the locals wouldn't touch, he volunteered to deliver the car the next day. Signed the papers on the kitchen table and it's been a great car ever since.

[LeftieBiker]

No trade in. My wife's old car is actually worthless.

Speaking of trade ins: most of you probably already know this, but never tell a dealer before negotiating that you have a trade in. If the car isn't worth much, then you will be giving it to them for free, because they will subtly adjust the deal to make sure that you don't get the value of the car in the deal. If the car is worth more, they will try to give you as little value as you can for your trade. The best way to do it is to say "No, no trade in" and then, when you have a firm offer, say "Just for the heck of it, how much for my car?" An honest dealer (a near contradiction in terms these days) will give you the actual trade in value, while a crooked one with either pass on it or start in on a song and dance to renegotiate the deal from scratch.

[mosrock]

For your reference:

Just leased a Bolt LT from Stewart in Colma in San Francisco Bay Area.

Bolt LT, 12k miles / year, 36 months

MSRP: $37,495
Rebates and noncash credits: $3,428
Amount to be paid in cash: $6,807 (due at signing)
CA Rebate: $2,500
Costco gift card: $700
Monthly payment including tax: $157
No loyalty conquest (no additional rebate)

Total cost = $6,807 + 157 * 35 - $2,500 - $700 = $9,102
True monthly cost = $9,102 / 36 = $253

[bluebolt]

For your reference:
...Monthly cost = $9,102 / 36 = $253

Seems like a good deal, congratulations!

[evfan]

For your reference:

Just leased a Bolt LT in San Francisco Bay Area.

Bolt LT, 12k miles / year, 36 months

MSRP: $37,495
Rebates and noncash credits: $3,428
Amount to be paid in cash: $6,807 (due at signing)
CA Rebate: $2,500
Costco gift card: $700
Monthly payment including tax: $157
No loyalty conquest (no additional rebate)

Total cost = $6,807 + 157 * 35 - $2,500 - $700 = $9,102
True monthly cost = $9,102 / 36 = $253

May I ask which dealership did you go with? Also, any disposition fee? Thanks!

[mosrock]

Stewart in Colma. Deposit $2000 and refundable.

[winterescape]

just in case someone reading this thread has not found this link , reposting

A weekly updated tracking of lease deals on EVs, nice bargaining tool...

http://ev-vin.blogspot.com/2016/07/curr ... d-evs.html