I just came back from Penske Chevrolet in Indianapolis, IN and for leasing a Bolt Premier ($43,905 - this one: https://www.cars.com/vehicledetail/detail/710099139/overview/4) they quoted me $674/month for 15k/yr, 39 month term !! (I would prefer 36 month)
When I said that seemed way out of wack, and asked where the $7500 federal credit was going, they basically had no idea. I asked another dealer and according to GM Finance, they basically pocket it. (From other threads I read some goes to the residual which stinks to buy it but should still lower the payments)
I don’t recall the exact MF but I recall it being about ~4.2% when I calculated it out (x2400) - so that’s *really* high as well.
Tack on $200 ‘doc’ fee + the usual assortment of fluff fees, wanting full sticker price, the high MF, GM pocketing the tax credit… what’s going on!?
I see people getting these cars for $360/month in other parts of the country so this just seems downright hostile in comparison.
When I said that seemed way out of wack, and asked where the $7500 federal credit was going, they basically had no idea. I asked another dealer and according to GM Finance, they basically pocket it. (From other threads I read some goes to the residual which stinks to buy it but should still lower the payments)
I don’t recall the exact MF but I recall it being about ~4.2% when I calculated it out (x2400) - so that’s *really* high as well.
Tack on $200 ‘doc’ fee + the usual assortment of fluff fees, wanting full sticker price, the high MF, GM pocketing the tax credit… what’s going on!?
I see people getting these cars for $360/month in other parts of the country so this just seems downright hostile in comparison.
