Lease rates in Canada

[user 646]

Just noticed that gm.ca started showing lease rates for the Bolt (it was previously missing).

Monthly rates (after tax) and residuals with 0 down for Ontario:
24 months - $1045/mo tax in, $21,996 residual (44%)
36 months - $673/mo tax in, $19,496 residual (38%)
48 months - $618/mo tax in, $15,497 residual (31%)
60 months - $656/mo tax in, $12,498 residual (25%)

This is based on a Premier model, 3.9% APR, $48,290 MSRP, $1700 freight, after $12,389 Ontario rebate before tax (with exception of the 2 year lease that gets a $8,263 rebate), 20K km/year.

 

[Wookie]

FYI - Ontario just raised the credit.

It's now 14K.

http://www.mto.gov.on.ca/english/vehicles/electric/electric-vehicle-rebate.shtml#general-motors

 

[user 646]

It was 14K at the time of the first post as well. But the lease calculator applies it before tax, so we get
14000 / 1.13 = 12389

 

[Wookie]

oh ya - stupid tax LOL