EldRick said:Absurd hyperbole.As Chevy LIQUIDATES their rotting U.S. Bolt EV inventory...
Unless it isn't...I know of a lot people do not like to hear this but it was just reported 80% of all EV transactions lease vs buy so lease deals are more important than purchase deal...First month of Bolt EV deliveries, Dec '16 through all of Q1 '17 GM did not offer a single incentive beyond a $250 discount for employees, all other GM vehicles including the Z06 qualified for incentives, the Bolt EV was event excluded from the 2016 Costco program...Jan 1162 deliveries, feb 952 and mar 978...Then in April '16 they opened it up the incentives...July they started to offer $3000 private offers...Fast forward to Q4 and they greatly lowered the lease MF (interest) and there were some incredible leases, most dealers were only ordering LTs with $750 DCFC so their cheapest Bolts were $38,2XX...With expensive CA tax, 36 month sign and drive lease deals were going for $0 out of pocket at drive off which pushes the first months payment to the remaining 35 months and monthly payment including all fees and taxes to $245/mo to the lender (you still can qualify for additional incentives/rebates that GM is not tied to) yet, they also offered a $1500ish discount for a single pay lease...Put it all together, $245 x 35 = $8575 or $7K-ish for single pay and deduct the DMV and sales tax which would be about a $1000 and GM's lender, GM Financial, was willing to lease their $38,2XX Bolt EV for about $6K...The dealers who offered this lease deal ran out of them...So leasing a $38K vehicle for $6K ($7K lease, $1000 to TTL) is far from absurd hyperbole...
Proof of the lease deal: https://leasehackr.com/blog/2017/10/16/bolt-ev-never-been-better-138-month-0-down