3 years ago, a lot of us bought the Spark EV. Those leases are up and here is a good replacement option
Several Chevrolet dealers in California are leasing Volts for around $7000 one-pay (this means you have to pay this upfront, but you don't have to make monthly payments).
It requires two things
1) must own an asian brand car 1999 or newer to qualify for a $2500 "conquest rebate"
2) qualify for GM discount (some dealers will give you the discount even if you don't qualify)
After $1500 state rebate and ~$500 utility rebates (available in MOST counties), your final price is about $5000. Or about $138/mo if you want to think of it that way.
If you are low income, you may even qualify for an additional $2000 in rebate from the state:
Income Eligibility [cleanvehiclerebate.org]
Take the leases I am posting here and ask your local dealers to match. Many people have had success doing this. Both in NorCal and SoCal.
What makes this deal possible is a big $8250 in GM rebates
$3250 GM Financial Rebate
$2500 CCR Program Rebate
$2500 Conquest Rebate
$200-400 First Payment Waiver (optional)
Couple that with about 10%+ off MSRP and that's how you arrive at the price.
I am not 100% sure, but I think the "conquest rebate" ends on Monday 4/2/2018.
ProTip: Try dealerships that have a lot of Volts in stock. Some dealership just do not have Volts to sell, so there is no point in negotiating with them. Any dealerships that have 20+ Volts will be more willing to match.
Also, if you are giving up your Spark EV for a Volt, you get $500 of wear and tear coverage.
GM Discounts
https://www.gmsupplierdiscount.com/
https://www.gmeducatordiscount.com/
https://www.gmcollegediscount.com/
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Excludes select base models. Must show proof of current ownership or lease of a 1999 model year or newer Toyota, Honda, Hyundai, Mitsubishi, Mazda, Nissan, Subaru or Kia vehicle. Customer remains responsible for current lease payments. Not available with special financing and some other offers. Take new retail delivery by 4/2/18. See participating dealer for details
Is it a good deal?
Excludes select base models. Must show proof of current ownership or lease of a 1999 model year or newer Toyota, Honda, Hyundai, Mitsubishi, Mazda, Nissan, Subaru or Kia vehicle. Customer remains responsible for current lease payments. Not available with special financing and some other offers. Take new retail delivery by 4/2/18. See participating dealer for details
Is this still a good deal without the Asian lease conquest? That's like an extra $70 per month. But if one can get the low-income rebate then the extra $2000 will make up for some of the loss.
Is it a good deal?
Momentum Chevrolet in San Jose is the one leasing them for $7200, so go there instead. Or better yet, show Fremont and the lease and see if they will price match.
Momentum Chevrolet in San Jose is the one leasing them for $7200, so go there instead. Or better yet, show Fremont and the lease and see if they will price match.
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Is this still a good deal without the Asian lease conquest? That's like an extra $70 per month. But if one can get the low-income rebate then the extra $2000 will make up for some of the loss.