CT - Lease advice appreciated

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edsw

New member
Joined
Oct 12, 2017
Messages
3
Hi Friends -

I'm negotiating a Bolt Premier lease in Connecticut. I would welcome your advice on these initial figures I received from the dealer:

MSRP $43,030.
$0 down out of pocket, but must sign over CT's $3K state rebate.
12K miles/year.
$375/month + tax, 39 months.
No first months payment due at signing.

Thank you!
 
You owe it to yourself to do a Web check with Paul Masse Chevy in RI, and with Quirk Chevy in Boston. They're both volume dealers that offer big discounts on buying and leasing, with little hassle.

Quirk is advertising a $145 a month lease on an LT with zero down. Of course a Premier will cost more, and I didn't check fine print. I have bought from Quirk in the past - my experience was that it took 20 minutes and zero hassle. You can negotiate everything down to the penny before you step in the dealership.

I've interacted with Massey. They have a Bolt EV specialist who's very generous with his time.

Both dealerships have large Bolt inventories and can transfer CT plates for you.
 
ScooterCT said:
Quirk is advertising a $145 a month lease on an LT with zero down.

Wow! That's pretty f&cking incredible!

I could have leased 2 at that price and still had $ leftover. Now, I feel ripped off!!

LOL!
 
I wish we could highlight our posts, because I would have highlighted this phrase in mine: "I didn't check fine print". I'm not saying there is a "gotcha", but I'm not saying there's not either. But these days all it takes is an email to the Internet sales manager on their website to find out.

That $95 a month might be real, or it might not be. I dunno.
 
Thanks everyone for the feedback. I used this forum to help get a better price, by printing out the deals others were getting. I ended up with a Premier level Bolt, with the Driver Confidence and Infotainment packages, as well as fast DC charging. I upped my mileage to 15K per year, and lowered the term to 36 months. My total lease is $346 plus taxes. I had $0 down out of pocket, but I did sign over my $3K state rebate. The first payment was waived, so its 35 months of payments.
 
I just went through the negotiating process on a Bolt lease yesterday. I live in the Boston area. The dealer started out at $300/month for 10K/year, $0 down, 36 month lease. MA has a $2500 cash rebate program, so I offered to pay down the lease by $2500. I ended up with $185/month, $2500 down 36 months on a Bolt Premier with the convenience packages and the DC port. I think it was a good deal, because I shopped it around to three dealers and nobody else would match it. If that price was the first price he gave you, don't take it. There's always some wiggle room to negotiate a lease.
 
Hi mwk, were there any other fees at signing? And did that price include conquest rebate or any other rebates? thanks
 
whynot said:
Hi mwk, were there any other fees at signing? And did that price include conquest rebate or any other rebates? thanks

Hi Whynot:

There were the usual taxes and registration fees for MA, which came to $1400. I didn't qualify for any of the rebates, it seems. This is my first leased car, and I'm not a college student, etc. Also, if you are in MA, make sure you apply for the $2500 rebate from MA. It's good on any lease 36 months or longer.
 
i keep on asking the same question, with no response so i am obivously asking in the wrong place. please help. i am really interested in a bolt. don't care about trim just color. i live in Mesa,AZ i would like to know 2 things.

1. can someone tell me of a site other than this one where i can find people who own or talk about the chevy bolt.

2. can someone let me know how much a lease was in Arizona. Do not tell of the advantages/disadvantages of leasing please just an example of a lease in Arizona, not trying to looking for a dealer or your deal. Just looking for a starting point to work with. please no leases from Ca. or back east. just from Arizona


thanks in advance
 
does my whole post show or just the cut part

i keep on asking the same question, with no response so i am obivously asking in the wrong place. please help. i am really interested in a bolt. don't care about trim just color. i live in Mesa,AZ i would like to know 2 things. 1. can someone tell me of a site other than this one where i can find pe...
 
DickWhite said:
i keep on asking the same question, with no response so i am obivously asking in the wrong place. please help. i am really interested in a bolt. don't care about trim just color. i live in Mesa,AZ i would like to know 2 things.

1. can someone tell me of a site other than this one where i can find people who own or talk about the chevy bolt.

2. can someone let me know how much a lease was in Arizona. Do not tell of the advantages/disadvantages of leasing please just an example of a lease in Arizona, not trying to looking for a dealer or your deal. Just looking for a starting point to work with. please no leases from Ca. or back east. just from Arizona


thanks in advance
You've asked this on several sites, but you really need to be more specific on what you are looking for.

You don't want the name of the dealer, the purchase price or details on the deal? Are you just looking for "I pay $xxx per month"?
 
DickWhite said:
does my whole post show or just the cut part

i keep on asking the same question, with no response so i am obivously asking in the wrong place. please help. i am really interested in a bolt. don't care about trim just color. i live in Mesa,AZ i would like to know 2 things. 1. can someone tell me of a site other than this one where i can find pe...

You're not going to get an instant or even prompt response on a forum that's not terribly active, especially since you only want to here from people from Arizona that leased, and you also hijacked a thread about leasing in Connecticut, give it a few days.
 
edsw said:
Thanks everyone for the feedback. I used this forum to help get a better price, by printing out the deals others were getting. I ended up with a Premier level Bolt, with the Driver Confidence and Infotainment packages, as well as fast DC charging. I upped my mileage to 15K per year, and lowered the term to 36 months. My total lease is $346 plus taxes. I had $0 down out of pocket, but I did sign over my $3K state rebate. The first payment was waived, so its 35 months of payments.

Can I ask which dealership you settled on? I am in Connecticut and looking to lease. Also what was your residual?
 
Hello everyone,

currently looking for a Bolt.

The offer I received today for a LT here in Connecticut seemed so expensive to me:

$359+tax/mo
36 month lease
15k mi/yr
$0 down
for credit tier 1 (which is now the right tier 1)
And this is already including the $3,000 CHEAPR Connecticut rebate!

For comparison, in July 2016, for my 2016 Nissan Leaf SV, I got
$160 incl tax
36 month lease
15k mi/yr
$2,000 down
for credit tier 4 (which added $40/mo to it)
Including $3,000 CHEAPR rebate
(I also could have done $225/mo with $0 down instead.)

So why is the Bolt so much more expensive than the Leaf?

My impression: the $7,500 is or is not forwarded to the consumer.

With the Leaf, there was $10,000 of NMAC lease cash. Plus $3,000 CHEAPR, plus dealer contribution, which brought the price down.

With today's offer with the Bolt, there was $1,500 lease cash from GM Financial, plus $500 competitive lease cash. So GM Financial gets $7,500 from the Federal Government, and then pockets $6,000 of that? Seems like a great lease deal for them, but not for the consumer. In case this is accurate, then buying would be the better financial proposition - but I am really looking to lease.

Does anybody know if this is accurate, that GM Financial just provides so little in lease cash?

Does anyone know, where to get cheap Bolt lease deals in Connecticut?

I know in Massachusetts, Quirk Chevrolet in Quincy often have amazing offers, but it seems like they do not have any 2017 left on the lot. And 2018s they ordered 48 of, but they did no arrive yet.

I found a Connecticut dealer that has LT Bolts that, according to Cargurus.com, are already on the lot for 210+ days. Might such a dealer provide a better deal, to move the unit?

Or maybe this really is not the time for $200/mo lease deals anymore, like they existed last year? Maybe should I wait a year, until the 200 mile Leaf or other 200 mile cars are out, and the additional competition brings down prices?
 
359 plus tax is too high for an LT, that's true. Keep shopping. We paid 350 including tax for a Premier with options, 15K miles, zero down, zero driveaway.

But a Bolt is going to be more than a Leaf because they are not the same class of car. A 2016 Leaf is obsolete by comparison, they can barely give them away.
 
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