Tuesday, January 25, 2022

Current Lease Offers for Selected EVs

EV lease offers are now posted on the Electric Vehicle Lease Guide at electrek, Check it out!

729 comments:

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CA said...

Hi,

Just to add my data point.

Today I signed a 36mo/10k miles lease at Fremont Chevy (CA) on a Volt 2017( MSRP 34615 w/ comfortable package). In total, I paid $1000 drive-off, monthly payment is $213.5 (after tax). This also includes excess W/T insurance priced at $625 but discounted to $13.5/mo.

Unknown said...

That Stewart Chevrolet deal is gone - Vanessa quoted me $2500 down with a $99 per month payment which pencils out to about $157 a month. They have a couple Spark EVs in transit that they'll lease on those terms

vin said...

Nice deal!!! Factoring in the comfort pkg and insurance, your deal sounds better than their advertised deal on a base model. Good work!

vin said...

Whoa... that's a huge difference from what their ad says. They should update or remove the ad on their web site.

Unknown said...

None of the listed dealers for the Spark EV seem to be biting on their advertised prices listed on their websites (namely Dublin and Fremont). Is this just salesman talk? Fremont offered me $99 month 2500 down, and Dublin 120 month, 1500 down. Still good deals though...

vin said...

I just checked the Dublin and Fremont websites, their offers are still on their web site and they are not tied to a specific VIN. If it were me, I would ask them if they have any 1LT models in stock, and if they say yes, send them a snapshot of their ad and say I want that deal and that I will drive the car off the lot today if they give me that deal. If they say no, I'd make sure I understand why not - it might be because I don't qualify for some portion of the rebate. This is odd, I've never had a problem in my 30+ years of buying cars with a dealer that would not honor an advertised price. Guess I've been lucky. So I'm not sure what recourse you might have... maybe I'd call Chevy Corporate and complain of the false advertising and dishonest practices by one of their dealers, and seek their help in rectifying the situation. If you do decide to push it, let us know how it goes... a lot of folks here could learn from it.

Unknown said...

I will report back. I live in the central valley and happen to be driving up that way for family this weekend. I'll take the ad straight from their website and make a big stink (and act like I drove all that way or something just for that) and see if they cave. They have plenty in stock it seems. Either way, the lease is a bargain when you factor in the central valley rebate too. If they call my bluff, I'll probably fold.

vin said...

Thanks Karsten! Have a safe trip, and hopefully painless encounters with the dealerships...

Unknown said...

Ended up not needing to. Dublin was my first and only stop today. They honored the $67/month deal (73 after taxes) with a $3000 drive off. I didn't try and haggle: the cost of the car for 36 months is essentially $5555, $1445 below the rebates I'll supposedly receive from California and the central Valley. So, not only a free 2LT with DC charging, but my full auto coverage is covered for 15 months! I may have paid slightly more than others have, but I didn't get skinned alive like the central Valley dealers were trying to do!

Also, let me put in a good word in for these guys at Dublin. They did not try to push any extras on me, and that made me very comfortable. They gave me 2 movie tickets to see captain America with my dad while my car was being inspected (it was straight off the truck the day before, and already the last one in Stock the next morning-had to go with red), and, best of all, their finance guy was a baller (somehow he finagled me to get the GM financial lease without a cosigner, and I am 23 and make 14/hr). If I had to ever buy or lease a Chevy again in the future, I would legit drive from the central Valley again.

Also, shout out to you for linking this deal. You saved this kid from probably pissing away thousands at a time when I should be squirreling it way for school. Tell your wife that I support what you are doing and that dinner is on me should you ever have the displeasure of visiting Fresno.

-Karsten

Unknown said...

I just leased a Spark EV yesterday. 2LT with the fast charger, it was the best deal around. I walked out paying $3000, which included $1500 down, $1500 for taxes, fees, DMV charges, and probably "shipping charges" and 73/mo th after taxes. In the end though, it was worth it because it seemed as if all the other deals at other dealerships didn't include the DC charger, which I need. I'd recommend Dublin.

Topangan said...

hi, the eGolf from speedcraft RI has an additional cost of $2,500 for the life of the lease for non RI residents, so you may want to update the total lease price to $5,500 rather than $3,000. It is a little misleading. thanks!

vin said...

Congrats on the great deal! Glad to hear that Dublin treated you well, they are definitely on my "short list" if I replace my Gen 1 Volt with a Gen 2 at the end of its lease in January.

Also glad to hear that you are able to lease AND take advantage of the restructured CVRP rebate. I see a lot of old farts like me driving plug-ins; I'm hoping the $4K rebate will get more "kids" like you into brand new EVs.

Thanks for the support, Karsten. My wife voiced her affirmation when I read your last paragraph to her. Glad to have helped!



sparkev said...

Link to Quality Chevy lease deals that will expire on 5/31/2016 can be found in this link. Above link is only to their main page. Were they monitoring the comments section where I wrote they don't offer great deals? Seeing how popular ev-vin has become, that's very possible! :-)

http://www.qualitychevy.com/MiscPage_4

vin said...

Did you hear this from the dealer? If so, I will update.

vin said...

LOL! I fixed the link. Thanks so much for the help, SparkEV! We (and I mean you and me) are getting a LOT more readers after you got the word out.

sparkev said...

Well, you're doing all the work. I "promote" stuff that I think are the best, and this site is a brilliant idea. Your wife is married to a genius! ;-)

Dan said...

Thanks to your site, I leased 2 Ford Fusion Energi cars from Serramonte Ford, sales person was Sean. I kept expecting to need to write a check at the end of the "finance talk" but it was truly $0 due at signing. Taxes, docs, reg, etc were all taken care of by the rebate. I could not believe you could lease a car for $199/month and have nothing else due. I took the last two 2016's at that price point.

vin said...

So you cleared out the last of their ad cars? Awesome, Dan! Definitely bragging to my wife about this one!

Dan said...

Yup, they had 10 when the ad started, and sold out 5/30 before sale ended. I had to drive 60 miles, but my local Ford in Morgan hill never called me back after I asked if they could match serramonte. They were around $375 I think/mo

Ben said...

Updated lease deals from Boardwalk Chevrolet in Redwood City as shown below. $1,000 added to @signing to make OTD drive-off ($595 acq, $330 DMV, $80 doc, 1st pmt). Interestingly, the buy on the Spark EV is also tempting through the 15th - 20% off MSRP on any Spark EV from GM brings you to a net cost after state/federal of potentially under $10k.

See below for Boardwalk leases

Join Boardwalk Chevrolet in celebrating Independence Day early! Now through July 4th, we are having electrifying specials on the redesigned 2017 Volt and the revolutionary all-electric Spark EV.

The Volt is by far the most enjoyable, most technologically advanced plug-in hybrid on the market, with over 50 miles of all-electric range and no noticeable drop in performance once the gas engine turns on.

These 2017 Volts can be leased starting at only $139 per month (OAC + tax) for 35 months with $2,750 due at signing (plus DMV and bank fees). This is on a 36 month, 10,000 mile per year lease. I should also note that all of our stock Volts are of course eligible for a $1,500 rebate from the state of California, effectively reimbursing most of your down payment!

Prefer all-electric freedom? The 82-mile Spark EV is available with provisions for fast charging in a fetching black with 2LT package. This beautiful little electric rocket is only $45 per month (OAC + tax), all other above terms being the same. Of course the Spark EV is eligible for $2,500 back from the state of California!

Please get in touch with me soon so we can schedule a viewing, or if you have any additional questions.

Note that the above quotes are on approved credit, (Volt: for current competitive or loyalty lessees), with Redwood City registration. This quote is valid through the 4th of July, but all the best colors are selling fast. Please get in touch for additional terms and details.

Unknown said...

Weatherford BMW - typo in your X5 monthly - you show $139/month with $2500 drive off ;-)

vin said...

Dang it! Thanks so much, Ton. The offer is expired (5/31), but I think I'll leave it up for this weekend since Weatherford seems to hold their offers steady when they update for the next month. Really appreciate your continued help!!!

vin said...

Thanks Ben! I will reinstate Boardwalk on the list tonight, with an offer expiration of 7/4. Let me know if things change. I will include a link to the Boardwalk website so folks can find contact info.

John said...

I think there a typo in your chart for the first offer for the egolf, I check both dealer sites and they list $179/month, not $129. Another dealer you could include in your chart is BMW of Murrieta, that frequently have some sort of i3 deal going.

vin said...

Hi John - I just checked, it's $129. Thanks for the tip on BMW Murrieta! I will add them to the list tonight.

Unknown said...
This comment has been removed by the author.
Unknown said...

Hi There is an incredible deal at Capital Fiat in San Jose. The deal is ending tomorrow evening 6/7. My friend and her family have leased 3 Fiats with this deal. I went to check it out myself and it's incredible! They only have black Fiats left. If you want a white one you have to pay more.

Ask for Sabrina or Bryan and the "Mac Choudhry Lease Special"


FIAT 500e

MSRP : $32,795

SELLING PRICE : $29,688

REBATE : $8,500 (Includes $7,500 Fed Tax Credit and $1,000 competitive lease credit, only $500 credit if the comp lease is a Fiat)

TERM: 36 Months

MILES : 10k per year

MONEY FACTOR : 0.00004

SALES TAX : $1,130.33

STATE REBATE : -$2,500

MONTHLY PAYMENT : $87.49

So to drive off the lot with this car you will pay $2,750 only (Out the door) BUT you will receive $2,500 back from the State of California as a rebate. So you are paying only $250 out of pocket. If this is your first lease then add $1000.

Also negotiated the wear and tear package down to $625.00 (originally $1,295) This covers anything wear and tear that happens during the lease term so you have peace of mind and do not have to worry about anything when you finally return the car.

vin said...

Thanks Cortne!!! I will add them to the list, looks like their advertised special is only $249 more than the deal you noted. Our first SJ/SF area Fiat dealer on the list... Thanks again, and congrats to your friend on the great deals!

Unknown said...

Another data point for Spark EV leasing in the Bay Area. I just leased a Spark EV 2LT with the fast charging option from Novato Chevy for 36 months 10k mileage per year. $1527 down, $108.17 a month. After applying the $2500 CARB rebate to the customer, I'm estimating about $78 a month net cost. Happy customer!

Bryan said...

The lease on the e-Golf SE at Pacific VW is for 7.5 K miles not 10.

vin said...

Fixed it. Thanks Bryan!!!

vin said...

Good deal on a 2LT! They don't have any lease specials advertised at this moment, but I will start watching them. Thanks!

Unknown said...

Where did you get the Capitol Chevrolet numbers from? Their web ad has the $69/month payment with a higher $2,295 driveoff.

vin said...

The last table above (with the links to dealer and factory websites) quotes numbers as shown on the websites - so for Capitol Chevy on a Spark EV, it does show the numbers you quoted above.

On the first table above that ranks dealer offers against each other, I need to normalize the offers, so for those offers that state a total drive off I estimate the tax (if any) on the rebate, then subtract that from the stated drive-off. That's why, for Capitol Chevy, the drive-off in the ranking table is less than the drive-off stated in the third table and on their web site. You may notice that some deals effectively have a negative drive-off; these are typically sign-and-drive offers that require $0 total out of pocket. These deals take the tax on rebates/incentives (if any), first payment, and acquisition fee (if any), then amortize them over the remaining payments.

One thing about Capitol Chevy - their ad implies that the drive-off does not include tax and license, but a number of readers reported late last year that when they talked to the dealer or actually took the deal, they found out that tax and license are included in the stated drive-off. Once I started reporting it as such, folks stopped correcting me, so to this day that's how I report their numbers. If you or anyone else finds out otherwise after communicating to the dealer, I will revert to reporting their drive-off as stated on their web site.

Thanks for the great question Rajeev, sorry for the long-winded answer!

Unknown said...

Hi, super comprehensive list, thanks! Are these lease deals national, or exclusive to the west coast. I'm asking because I live in Tampa, Florida.

vin said...

The factory lease deals vary - some are nationwide, others are regional or by state. Deals quoted above are for a Southern California zip code. If you haven't done so yet, I suggest visiting the factory web sites, plugging in your zip code (if needed, i.e. Ford asks for it), and then seeing what kind of offer pops out. If you want, tell me which EVs you are interested in and I can help figure out what the factory incentives are.

Thanks!

Unknown said...

Thanks so much for your reply, I appreciate it.

Unknown said...

Where did you get the info on the Stevens Creek BMW X5 special (i.e., $6,350 down, $188 per month, 36 months, 10,000 miles per year)? I can't find that deal on the website and when I called the dealer, they didn't know anything about it. Thx

vin said...

It's on their scrolling marquee on their front page. Here's a screen capture:

http://s1178.photobucket.com/user/ev-vin/media/Stevens%20Creek%2020160618%20i3_zps25cxslfb.jpg.html

The deal is tied to two stock numbers. Perhaps they sold out?

vin said...

BTW, the $188/mo is for an i3.... their X5 special is $0 down, $659/mo.

Unknown said...

Ok, thanks

Unknown said...

Wow i really love that lease price on the BMW i3. 188/month. Unfortunately, in Florida it's higher. Would it be worth it to drive to Connecticut?

ElectricFan said...

Leased a spark 2LT at Fremont Chevy, red color for about $5k. Includes 1.5k down +100/pm + 540 Excessive wear and tear. Thanks to this website (Vin), I could compare the costs and negotiate with the dealer.

vin said...

Unfortunately that $188/mo deal comes with a whopping $6350+tax+lic drive off, and it's in California so I'd say it's not worth the drive. :-)

If you'll drive to Pennsylvania, Sun Motor Cars has the best i3 deal in the nation (that I could find, at least) on a 2015 model.

I just found a couple of dealers in South Florida that advertise lease terms... Braman BMW in Jupiter seems to have a decent offer (see the big table above).

vin said...

Okay I finally found the error that led to the confusion, was in the Dealer Ranking table... sorry about that, SZ. I fixed it.... thanks for the help!

vin said...

Congrats on working a great deal! Glad I could help! And thanks for the data point, I'm sure it will help others looking for a Spark EV.

Jim said...

Quirk is advertising the Volt at $1999 down and $85 month for 36 months. In your (very helpful) table, you list the drive-off price for that deal at $2,679. What are you including in the drive off price on top of the $1999 they are advertising? Thanks.

vin said...

I've included the 1st payment of $85 and the $595 acquisition fee because it was in the fine print at one point. However, I just checked the fine print on their website and it doesn't say that now, so tonight I will update the numbers in the above tables accordingly. Thanks for asking!

Unknown said...

Maybe a little late but you missed this one.

http://www.carrchevrolet.com/specials/lease.htm

vin said...

Thanks!!! I added it to the list since the offer has three days to go and will be watching to see what happens next month...

Unknown said...

quick Q, are the prices above taking into consideration 2500$ california rebate?

vin said...

Nope! State rebates are not included in the above. When the dealer's offer clearly included it, I subtracted it out. I think most dealers that used to include the CA rebate stopped doing so after the rebate became variable based on income (now it's $2500-$4000 for most folks).

MA Resident said...

Quirk is still advertising this deal, but they indicate no vehicles are currently in stock. For another $54 a month, they do have vehicles in stock.

Franz Metcalf said...

Hi Vin, looks like Santa Monica VW has sweetened their eGolf deal. Here's from the email they just sent me: $99/mo. plus tax for 36 lease term. | Down Payment: $2,499. | Total Monthly Payments: $3,564. | 7,500 Miles per year, $0.20 per mile in excess. | Security Deposit Waived | IN STOCK UNITS ONLY | Excludes: Acquisition, Documentation Fee, Sales Tax, Title, and License fee, 1st Payment. | Offer valid on VIN WVWKP7AU8GW911117 | MSRP: $29,950.00. | Capitalized Cost: $24,913.80. | Residual: $11,980.00. | Offer Expires July 4th, 2016.

They're not clear on the state rebate, but I don't think they can demand it without mentioning it. So this is $150 up front more than the June deal, but $30 a month less ($33 including tax) on the payments. Not bad.

Unknown said...

Not sure if others would want to know, but California state funding has run out. https://cleanvehiclerebate.org/eng

vin said...

Thanks Franz! The old $129/mo deal included the acq fee and first payment in the drive-off, the new one does not... but regardless, the new deal does end up being less than the old deal by about $200 over the lease term, so it's definitely an improvement.

vin said...

Yeah, let's hope that it gets replenished...

vin said...

Good to know. Another $54/mo isn't that bad; it seems to be on par with the deals in California.

Unknown said...

Ford fusion energi at Sunnyvale Ford has some weird requirements under the deal. They expect you to already have a lease and own a prius or volt. Should I still try?

vin said...

I suspect that the dealer will want to add another $1000 to the drive off, or about $28/mo to the monthly, to make up for not qualifying for that rebate. But I'd call or email them and other dealers in the area with the car in stock telling them that I'd buy the car today for that $129/mo, $1999 down deal at Sunnyvale, and that I don't qualify for that Volt/Prius rebate. I'm betting that someone will come close. If you look at the So Cal Ford Dealers offer, their $149/mo, $1999 down deal does not include the mention of that rebate. $20/mo more over the next 35 months is $700, and I would expect that a dealer up north in the SJ/SF area should be able to match that. I'd use that offer as an upper limit.

If you do try, please let us know how it goes so others may learn... Thanks!!!

Tout182 said...

Can you post a contact for Freemont Chevy? When I call, I get dumped into a generic voicemail...

Todd and Kari said...

Regarding Dublin and the Chevrolet Spark...appears they've increased the down payment to $4995.00....yowza! Good News...monthly is still $67 however. :) Thank for compiling these rundowns...very helpful when looking for the best deals!

vin said...

Whoa! I'm wondering if it's a typo... the fine print says $1500 down, so maybe $4995 is the total drive off, including tax/lic? Still seems too high for $1500 down...

Thanks for the heads-up! I will update the big table shortly.

vin said...

Sorry for the late reply! I just called their sales number (888) 379-8423 - it's working now... Big help, aren't I? :-)

Unknown said...

Sunnyvale VW - $49 for an SE and $145 for an SEL

http://www.sunnyvalevw.com

http://www.sunnyvalevw.com/VehicleSearchResults?search=new&make=Volkswagen&model=e-Golf

They have 84 in stock - you should be able to make a decent deal.

vin said...

Huh? I saw the SE deal, didn't see the SEL deal (oops!). Gotta put a tri-tip on the BBQ and throw one of the kids in the pool first, then I'll check out the SEL deal and update the big table accordingly.

Thanks again, Ton!!!!

Unknown said...

Spark EV for Capitol Chevy SJ is contradictory.

vin said...

Can you please elaborate? I did respond to your earlier post on Capitol Chevy:

http://ev-vin.blogspot.com/2015/12/current-lease-offers-for-selected-2015.html?showComment=1465662630694#c1430321089510185328

Let me know if that does not address your concern. Thanks!

Steve Ross said...

Hi,

I'm in the market for a Spark EV in northern California, trying to determine how much a will end up paying.

Looking at the green detailed offers table, at the Spark EV offers posted now for Fremont and Capitol, there are 2 things I'm having trouble understanding:

- The monthly payments are shown as "$39/mo + tax ($64)" and "$59/mo + tax ($43)". Shouldn't the number in parenthesis simply be the payment amount x 0.09 ?

- Also, the "3 year total" for both dealers shows "(tax, lic incl)" but when I click through to their websites, both state that taxes and lic fees are not included.


vin said...

Hey, thanks for catching that, Steve! I corrected the typos... the tax-included amounts were switched between the two dealers, and yes they should be payment x 1.09...

For those two dealers, a number of readers that have shopped or bought there have reported that the "due at signing" actually includes tax and license, so now that's how I report it. If you find out otherwise, please let me know.

Again, thanks for the help!!!

Unknown said...

Thanks for running such a great website~! I'm shopping for a EV and check your site almost daily, always interested in what the prices are doing. So far I have the most interest in the BMW i3. Either a great deal on a used one, or a screaming lease deal on a 2017.
Keeep up the good work!

vin said...

Cool! Folks I know with an i3 absolutely love the car. I think the range bump for 2017 (only $1200!) will make them even more popular.

Thanks for the kind words, Tony! I'll be looking for deals on the big-battery i3 once they hit the dealership lots.

Richard B said...

Thanks for putting all of this info together. I've been following it for a couple weeks and will likely pull the trigger at the end of the month. Any particular reason that most of the good deals are in Northern California? I'm in the L.A. area.

Unknown said...

This statement is incorrect "Concord BMW has a 2-year, $35/mo, $3794 down lease deal on an i3 REX. Four available!"
The website shows $98/mo instead of $35/mo.

Unknown said...

Per the Concord BMW website, it looks like the monthly payment on the i3 REX is $98/month, not $35/month.

vin said...

Thanks SZ!I corrected both the big table and the weekly ranking table.

vin said...

Yeah, I'm in the LA area also... I have no idea why the SF/SJ dealers are able to offer such great deals on the Chevys, BMWs, Nissans, Kias, and Fords. Although here in So Cal, we seem to have better advertised deals on Audis and Fiats.

Good question, sorry I don't have an answer. Which EVs are you considering?

Richard B said...

We're gonna test drive this weekend. Top contenders are the Leaf and the i3 (we know people who own and love both). I feel obliged to try the Fiat, with what appear to be the best deals in SoCal (tough to beat $5K for 3 years)...they just seem so small! I've never leased a car (we usually keep our cars forever), but I feel like in 3 years EVs will have come a long way.

Unknown said...

I was able to get a BMW i3 Rex from Concord BMW for $4500 down. $700 back when I return the car. $72/month. I called them out that they need to match the $35/month ad and they said BMW would not finance it. I was super upset so they gave it to me for $72 a month. Then I guess they took the ad down. They have no honor.

Unknown said...

Hi Vin- THANK YOU for all this very helpful info. I drive an i3 now, but I bought it in August of 2014 on the 2 year version of BMW's "Owner's Choice" program and have to turn the car back in on 9/3/16. I had assumed it would be easy to extend my "lease" by a few months so I could wait until the various new and upgraded 2017 EV models are out before deciding what to do next. But I have now learned that BMW Finance won't allow any extension on the Owners Choice program, so I have to move swiftly or I will be carless as of 9/3. Your info here will be very helpful to me in my search!

Richard B said...

Hi Vin: Do all of your numbers exclude tax, registration, etc? Santa Monica Fiat got us to $6068, because $1000 of their price was an incentive for if you currently had a lease on a different type of car (your total is $5064). Santa Monica VW seemed to be in the neighborhood of your number for the e-golf ($6314), but then added about $2500 in taxes, etc. This brought the total to almost $9000.

I just want to make sure I'm comparing apples to apples. Should I expect around 10% of the MSRP on top of your total numbers for taxes, etc?

vin said...

Wow, that's an interesting excuse, blaming it on the leasing company. Well, glad to hear you were able to work a great deal off of the whole fiasco. Thanks for reporting back!!!

vin said...

Wow, that's a bummer. Seems like a lot of us are in that situation... My RAV4 EV lease is up in February, and there's no SUV plug-in on the horizon yet that will fit the bill. Current plan is to buy the car at lease termination.

Good luck in your search, maybe there will be a great 2-year lease in the next month or two that you can take advantage of. I'll keep my eyes peeled...

vin said...

Most of the numbers on the big table with links to the dealers do not include tax, lic, and registration. Some don't even include first payment and/or acquisition fee. I try to accurately reflect that in the notes on each deal.

All the deals shown on the ranking tables do not include tax, lic, or reg fees. So those tables reflect my attempt at showing apples to apples, but for deals that state that tax and lic are included, I have to estimate the amount included tax and license I need to subtract from the published deal. It's probably not 100% accurate, but it should be close enough to do a comparison.

Hope this helps.. thanks for the detailed feedback and good luck with your search, Richard!

Richard B said...

Thanks for clearing this up. On this topic, I was misinformed by the Santa Monica VW salesman, who said we had to pay tax on the full retail price of the car (similar to paying the tax on $600 for an iPhone even if you're getting a much better price). I later found from multiple sources that you only pay tax on the lease amount, which was good news.

Unknown said...

What EV's are you driving now? Kia Soul and Rav 4 EV? Did you wife end up with the Fiat EV?

What are your overall thoughts as to where prices are going in the fall?
Seems to be a large amount of EV lease turn ins happening which might soften the market?
Upgraded battery packs coming for 2017 for some models, might soften the used market?
Interesting times for EV's.
Thanks for all your hard work!

Unknown said...

hey guys. i was wondering if these deals i was given were any good.

base model volt 2017, MSRP 34095

both on 3 yr deals w/ 10k miles
A: $7100 + DMV & bank fees up front
B: $219/month + $1600 down. all fees included.

i'm leaning towards choice A since i save about $2k and some. any thoughts?

vin said...

Yikes! Maybe he sold cell phones before he started selling cars... anyway, glad you found the truth. One of the perks of leasing is that we only have to pay about half of the sales tax. Even if we end up keeping the car by paying the residual plus tax, we benefit from not having to plunk down all the tax before we drive the car home.

vin said...

Hey Vee - for A, how much are the DMV and bank fees? I'm guessing about $480 + $595 (from leasehackr.com), for a total of $8175. That's pretty competitive with the best lease deals in California.

I'm getting a total of $9265 for B, so it seems to me the difference is a little over $1000 between the two.

Are these offers from two different dealers? If so, I'd work with the first dealer on changing their offer to a $0 out-of-pocket (i.e. sign and drive), or something that requires as small amount as possible due at signing. The thousands of dollars up front for Option A could be better used elsewhere, and if something goes wrong in life or with the car, that cash could come in handy. But that's just me.

Unknown said...

hi vin, yes two different dealerships in the bay area. yes, i was calculating the DMV + plus bank fees about 323 (gov fees) + 117 (doc fees) from option C. option C was my visit at the shop dealer and he gave me $1600 down plus $230/month. i was able to negotiate option A and B from option C.

i'll need to call A again to see what is the total DMV and bank fees. but if you are correct. i have the following total:

A: 8175
B: 9265
C: 9165

I was thinking of getting pre-approved loan from another bank to get the CASH for A. IF say, the shop doesn't want me do monthly.

Unknown said...

option A is good until 31st/tomorrow.

vin said...

Hey Tony - Currently I drive the RAV4 EV and a 2014 Volt. My wife drives a 2015 B-Class Electric.

I'm thinking that prices in the fall will remain steady when comparing 2016 to 2017 prices for specific models that have recently or will soon be providing more content/value (more range and quick charge, specifically). So I think the Volt, i3 and Focus Electric prices will remain constant. I think all other short-range EV and PHEV prices will likely fall - perhaps not in MSRP, but mfr rebates/incentives will grow. Just by unsubstantiated opinion...

As far as lease turn-ins, I'm thinking that they'll create more demand on the new EV market since those folks will likely replace the returned EVs with new EVs. I think that the returned EVs will attract folks that were in the market for a used car anyway, rather than pull from folks that are looking for a new car or looking specifically at one of the longer-range EVs. Just my $0.02, not based on any facts or data...

Interesting times indeed!

vin said...

Sometimes dealers call the acquisition fee ($595) a "bank fee", but you are right... best to find out from the dealer rather than guess.

Are you able to get to Dublin Chevy ($7890 total) or Capitol Chevy ($8776 total)? Looks like Dublin has one left with MSRP $34095. They have several in stock that are slightly more ($34630 or less), should affect the monthly by less than $15. Both still require a big drive-off (over $4000), but folks have negotiated a smaller drive-off with a 3-year total that was less than $200 more (which is worth it, to me at least, from a risk standpoint).

Given the current offers you have in hand, here's what I'd do, assuming that the shop dealer is the one closest to you: I'd show them the Option A and Dublin deals and tell the shop dealer that you'll sign on the dotted line today IF they match the 3-year total of Dublin, with a $0 drive-off. If they come within $100 and a drive-off of less than $500, I'd take it. If they come back with the same $1600 drive-off and a total that matches the Dublin deal (i.e. $200/mo including tax), I'd most probably still take the deal.

I wouldn't get a loan to pay for the one-payment lease. Creative thinking, though... If I were to do it, the interest rate wouhave to be very close to 0% (i.e. less than 2% APR). It would have to be a personal loan, since an auto loan requires the actual vehicle as collateral. Interest at 2% will be about $300 total over 3 years.

Unknown said...

thank you vin. i gave the dublin chevy and capitol chevy totals to my guy in capitol to see if he can match it, he didn't. my option A after fees was actually more when i was given the final price. it was 199 + tax and 2030 drive off (from boardwalk chevy).

after a longggg phone negotiation with my guy at capitol. they couldn't match the $8776 total drive off since this deal is apparently for "people with current lease". anyhow, i signed with 800 down plus 235 monthly, fees+tax included which is total $9025. Compare this to my yesterday offer of $9265 (the original offer was $1600 down + 219 monthly).

i actually was given 225 over the phone but when i got to the dealer, the deal changed and they couldn't do it, only 235. i was about to walk out but when i thought about it.. savings $10/mon for 3 yrs is great but i was exhausted and over with the whole process. my sister really needed a car so what the heck he can keep the $350 as a commission.

anyway kuddos to your awesome pricing! we got a competitive price for our Volt!

vin said...

Congrats, Vee! That lease loyalty/conquest rebate is worth $500, so I'm thinking that your negotiating effort got you a deal that's $249 better than their advertised offer. Good work!!!

Bondi said...

WARNING Just went to Rydell and after driving a Spark around, sat down with the salesman and he quoted me $120 a month/$2600 drive-off saying that there were only two vehicles at the advertised $49/$2600. They didn't seem very interested in negotiating, and I wasn't in the mood for trying to after that. I'm used to getting the runaround at dealerships, but this was pretty extreme, bordering on classic bait and switch.

On the flipside, went to Santa Monica BMW and they were great - quoting me the advertised deal for an i3 REX and offering to be flexible on that after I had a chance to check out the competition.

Unknown said...

I believe the BMW national offer for the X5 40e is now $4,954 down and $529 per month. http://www.bmwusa.com/special-offers/lease.2016-X5-xDrive40e.html

vin said...

Sure is! Thanks for the tip, SZ!!!! Also checked the other Bimmers, i3 BEV offer is also improved. I appreciate the help!

vin said...

Bummer about your experience at Rydell... back in 2014 I negotiated with them on a non-ad car over email and phone, ended up with a better deal from a local dealer. At least they were honest in telling me they didn't have an ad car in white, before I took a trip to the dealership. So did you get a REX?

EV for life said...

2016 KIA Soul EV lease at Power KIA in Salem, OR: 36 month lease, $149.00 per month/10k miles/year, Zero down. Only pay the DMV fees upfront: $388.00. Best deal ever. easy in and ou.

vin said...

Thanks for the tip!!! That deal isn't currently on their web site, but I will put this dealership on my watch list.

Unknown said...

There are also a bunch of August rebates for the 2016 X5 40e. $3500 lease rebate, $2000, performance rebate and $1000 loyalty totaling $6500. Recent quotes (9%) tax rate - $85K MSRP and $735/month including tax. $73K MSRP $606/month including tax (36/10) minimal drive off with 7 MSD's and low MF.

vin said...

Interesting... Which dealership provided the lease quotes?

Unknown said...

The $5500 is listed on the main X5 40e page. Most dealers are aware of the august rebates on the 2016 cars only. They are moving fast off the lots. 2 weeks there were 1100 on cars.com, today I see 772. I just closed a deal on a $73K MSRP X540e for $599 per month including tax with minimal down.

Richard B said...

Just pulled the trigger on a Fiat at Santa Monica Fiat. They matched OC Fiat's $0 down, $99/month. All Fiat advertised deals require that you qualify for their "Lease Conquest Rebate" which is $1,000 if you currently have a lease on a non-Fiat. We didn't, but we already knew that ahead of time. If you go there, ask for Cameron...he is excellent!

vin said...

Congrats on the great deal, Ton!

vin said...

Cool! Great job avoiding the drive to OC to get the deal, Richard!

Anonymous said...

Crazy deals on the e-Golf at Serramonte VW? http://www.serramontevw.com/serramonte-specials.htm

$19/month, $999 down, 24 months/15k miles. And $39/month, $2k down on the SE with quick charger.

vin said...

Thanks for the tip! Serramonte VW is now on my radar.

Unknown said...

I have been following along in this blog for about a year . And every time I see a deal posted here and I inquire at the California dealership one of 3 things happens:
Must be a typo response
That was for a single car and that car is gone
Never even heard of that deal.
I kid u not ...it's happened about 10 times. I hope lots of ppl are benefitting from this site because I certainly am not. What a crappy industry the car business .

vin said...

Wow, that sucks. If it was one of my typos that threw you off, I do apologize. If the typo is on a dealer's web site, that could be a good thing... at least one reader reported getting a great deal before the dealer corrected a typo that he called them on.

In any case, we should check the dealer website before contacting them about an offer mentioned here. Data here is pretty time-sensitive, and can go obsolete in a matter of days if not hours. And when talking with the dealer, always refer to the data on their site rather than what's here. They have no obligation to this site and probably don't even know it exists. I suspect you know all this, but I thought I'd mention it just in case.

As far as the one-only offers... yeah, by the time it hits this list, a one-only car is probably already gone. That being said, the value knowing about a one-only deal is that it can be used as a negotiation starting point with that dealer. If they won't match, ask them how close they can go. Show the one-only ad to other dealers and see how close they can get to it. For me, if a dealer offer comes within a few hundred bucks of the total cost of the one-only deal, and it's the right color inside and out, I'd probably take that offer.

Although the data listed here may not be 100% accurate on a minute-by-minute basis, I think this web site is still a useful shopping tool since it is effective at illuminating where recent lease deals have been popping up, and provides links to the dealers so the shopper can verify that the deal is still valid.

Which EVs are you considering?

Unknown said...

FYI - CA rebates are back. :-)

http://www.sfgate.com/news/article/California-approves-new-round-of-clean-energy-car-9196199.php

Unknown said...

Looks like another round of low cost sparks. I got an e-mail today from Fremont. SPARK EV ONLY $99 per month with $0 DOWN! Only At Fremont

Unknown said...

Yesssss!!! It's about time.

Unknown said...

anyone able to get this deal yet?

vin said...

Thanks for the heads-up, David!!! Checked their website, and the offer is posted there, so I added it to the list.

Unknown said...

Looking at the sheet, is the top Fremont deal correct? It shows a negative drive-off? That contradicts what is on their website ($0 drive-off). Also, you have it as 39 months, but their site shows 36 months. Lastly, you show that license is included, but the ad shows "Tax, lic, dealer fees extra". Were you quoted better than the advertised price? Thanks!

vin said...

You are right, it should be 36 months. I'll fix the ranking table tonight. The data on the big table with links to the dealer web site is correct (shows 36 months).

As far as the drive-off - a number of readers provided feedback that is contrary to what the dealer continues to publish. They reported that the deal is actually $0 drive-off (includes tx, lic, fees), not just $0 down. Since then, I've been reporting it at $0 drive-off. If you find out otherwise, please let me know, I would appreciate it.

The ranking table shows a negative down payment to account for the $0 drive-off (tax and license has been amortized over the lease payments).

Topangan said...

Serramount e golf offer should be corrected in the top table. Milage is 7500/year and cost is around $300/month because of inflated drive off costs. Its a little misleading.

vin said...

Ranking table still shows last week's lease offer. I've updated the big table with this week's offer and expiration date. Ranking table should be updated tonight.

Thanks for the feedback!



Unknown said...

Thanks for all you do VIN. I'm looking to take advantage of the Spark EV deals here in SoCal and the work and info you provide is very valuable. Keep up the good job!

Unknown said...

Lee Johnson Kia in Kirkland WA lists the Soul EV for $119/mo $2636 down - see http://www.leejohnsonkia.com/

vin said...

Thanks!!! Our first WA dealer! I added it to the big list. Will be on the weekly dealer ranking table this week.

vin said...

Thanks!!! Hope you can find a great deal down here somewhere, I've heard from folks that ended up driving north to SF/SJ area to get the best deal on a Chevy.

Unknown said...

i just got an email eprice from sunnyvale wv for 36 yrs 7500/yr for total $5448 Out of Pocket (inlcude tax, fee's and 1st payment) and $57 Plus tax monthly payment.

i got my sister the volt few months ago and now i'm interested in getting the egolf while i wait for the tesla 3.

Unknown said...

2016 Chevrolet Spark EV 2LT w/ Fast Charging Provision $27,135 MSRP

$129 Mo includes tax / $595 due at signing / includes all SoCal fees and taxes.

Or Pre Paid lease at $4300 total due at signing.
Anthony@dsrleasing.com
949-485-3002

vin said...

Thanks Vee! Looks like their web site advertises a similar deal (perhaps identical?) in terms that don't include tax and license. This is good information!

vin said...

Thanks Anthony. Do you have an expiration date on this deal?

Anon said...

Hi there,
Where are these deals published? I'm trying to get the deal you have posted from Fremont Chevrolet, for example, but they are quoting numbers that are $2K more than what you are showing.

vin said...

The big list (third table on this page) has direct links to what Fremont has published online. Let me know if their offer to you agrees with what's there. Please let me know so I can make corrections on this site. Currently I assume that their offers include tax and license in the drive-off, based on reports from other readers earlier this year; that may be a bad assumption. Thanks!!!

Anon said...

The link takes me at 99 w/ 1990 down. So, not sure what the listing is based on.

Unknown said...

They pulled the $99 w/ $0 down from their site after the weekend, even though it said expires 10/5. I've been chatting with them, and they are still able to do $99/mo $0 down ($600 drive-off)... but not $0 drive-off. Though I haven't been pushing as I've been looking to get one in SoCal. I think you could get them down from $600.

vin said...

Thanks David, you are correct! Fremont seems to have updated their offers on the Spark EV and Volt today. Their current Spark EV deal is "all in stock", which includes those with 2LT trim level. Out of curiosity, is the deal you were quoted on a 1LT or 2LT?

2Rocky said...

I would like to see the current or newest posts at the top of the list. I have to scroll down through lots of old posts to see current discussions. Thanks for the good work / information.

2Rocky said...

I would like to see the current or newest posts at the top of the list. I have to scroll down through lots of old posts to see current discussions. Thanks for the good work / information.

vin said...

Yeah, this blogspot service doesn't have the ability to reverse the order of the posts. Kinda ticks me off. They have some other options, let me try one of them in a few minutes, let me know if it's better... Thanks for the feedback and kind words!

Unknown said...

Looks like your current offer for OC Fiat counts the "lease conquest" discount. Probably shouldn't, because you have to be leasing a competitive vehicle to get that.

Manuel said...
This comment has been removed by the author.
Manuel said...

Just got a lease from OC Fiat this weekend, tried last week at Glendale, but Glendale included the Lease Conquest discount in their advertised numbers, OC didn't so it made a great difference. $1,000 more for Glendale prices.

This is a great page, thanks a lot for updating this weekly! It was reassuring for us to know that we were getting a great deal.

Do you have any recommendations as for insurance? we went with metromile, we dont plan on driving more than 400 miles a month, but can consider switching.

thanks!
Manuel

Unknown said...

Looks like the deals have gotten significantly worse since Labor Day. I just leased FOUR Sparks in SoCal, and here is my experience...

I contacted Fremont when they were offering $99/mo + zero down ($600 drive-off). They were willing to stick by this, even after it expired, but it was too far away for me. They offered to ship the cars for $300, but that point, it was cheaper for me to look locally.

I contacted Rydell Chevy, and they quoted me $110+tax with true $0 drive-off, which was even better than Fremont, but they didn't have any in stock, and would have to get some from a couple other dealerships. It took a couple days to figure things out, and in that time, their advertised discounts went down, and their quote went up. This turned me off to them.

Valencia AutoNation Chevy to the rescue! They matched Rydell's intial quote, $110+tax, true zero drive-off (including 1st month's payment). They only had two 1LTs in stock, and there weren't any others in SoCal, so they gave me two more 2LTs (with fast chargers) For $120+tax, and true $0 drive-off.

I think I could have done a little better labor-day weekend... but at this point, the discounts seem to have gotten worse...and inventory is drying up, so I feel I did pretty well... especially for Socal.

Ken at Valencia Chevy is the best!

vin said...

Many of the offers include limited discounts, i.e. lease conquest, loyalty, Military, recent college grad, etc... most dealers mention which discounts are applied to their published offer, some don't. Unfortunately because it's a lot of info to compile to include all the details, I'll have to ask the readers to check the dealer and factory websites for the fine print.

vin said...

Thanks, Manuel! I don't have any good recommendations on insurance; all I can say is that I'm with State Farm, and I was happy that the premiums on my plug-ins didn't seem to be more expensive than equivalent ICE versions of the cars.

vin said...

Wow, excellent work, David!!! Yeah, it did seem like the deals were better on Labor Day on the marques with dealers that update their offers weekly. Regardless, that $0 drive-off deal you got on the 2LTs is awesome!

Wanna hear something funny? It was Valencia that took away my business from Rydell when I got my Volt! Best vehicle purchase experience I've had in my life. Here's my story:

http://ev-vin.blogspot.com/2014/01/window-shopping.html

By the way, their service department is great, too. They're knowledgeable have been and very accommodating.

Thanks for sharing, David!

Unknown said...

Yeah, the 2LTs (with fast chargers) were really an impressive discount. We are leasing them as vehicles for our techs, so really didn't need any of the 2LT features. That said, because there is a high inventory of 2LT, I felt much better negotiating the price on those.

Out of the 7 dealers I had communication with, Valencia was by far the BEST to deal with. They always responded very quickly, and were very willing to negotiate. Because we live in Santa Barbara (1.5 hours from Valencia), they even offered to drive one out to us, with a porter following in another car, and then give us a ride back to the dealership in that car so we could drive back the last two.

Really impressive service.

Bob said...

MB has just dropped price of B250e by $2000.

zuzik said...

just have UNBLOCKED ADS on your page to support you. Appreciate your dedication.

Anonymous said...

Interested in that Fiat 500e at Glendale. How do you get the $619 drive off and what does it being in red parenthesis actually mean? I know the Orange Coast Fiat at 49/month has a $2500 (CVRP) + $1000 conquest rebate required. What does the one in Glendale require?

vin said...

The Glendale Fiat offer is stated as a $0 drive-off, which means that the tax on the factory incentive as well as the license are rolled into the monthly payments. It shows negative on the ranking table since I try to normalize the offers to have the same drive-off which is down payment + acquisition, but no tax or license. The big table before the comments has links to the dealer's websites so you can make sure you have their latest published deal and what incentives it includes when you talk to them.

I just checked, and it looks like the deal is no longer posted. I'd check their web site again on Thursday or Friday to see if they re-post it for the coming weekend.

vin said...

Thanks zuzik, I'll check the ad settings. Glad to hear you find the data helpful!

vin said...

Thanks for the heads-up, Bob - yeah, looks like the 2017 B250e is cheaper (as far as MSRP) than a 2016. Hope their lease offer drops accordingly!

Unknown said...

CA only: 2016 Fiat 500e 2999 down + 39 / month for 36 month lease

http://fiat.niello.com/lease-specials.php

vin said...

Thanks Andres! I've added Niello Fiat to the list. I appreciate the help!!!

Jaybird said...

Just a note on Capitol Fiat's supposed $3,695 drive-off on the 500e. Actually, that's just the down payment. In addition to the registration, first payment, etc., they are charging a $1395 acquisition fee on top. I walked out before we got to the full set of costs on the least agreement, but once the tax on the cap reduction, rebates, etc. add up the true drive-off could be closer to $6,000.

vin said...

Whoa! You've got to be kidding me! Their online ad does NOT say that the acquisition fee is extra (but it does say tax and license are extra), and from what I've read the acquisition fee on the Fiat should only be $595! Did you print out their ad and shove it in their face, and they still refused to honor it? Sorry, I just get ticked off when dealers don't honor their own ads and choose to charge higher fees. I've run into dealers charging inflated acq fees twice in my life... so far.

If there's one thing I can't stand when getting a new car, it's a wasted trip to a dealership. Really sorry to hear that happened to you, Jaybird.

Unknown said...

Look forward to see what happens when the Bolt makes it out. Any predictions on lease pricing, will GM come out aggressively, poaching sales from all other manufactures? Or will GM lease the Bolt at a premium? Thoughts? Patiently waiting to pounce on a deal, either on the Bolt or another EV with slashed pricing.

I'm bummed I missed the i3 deal on the 2016 models.

Thanks for your awesome website, keep up the good work, I check daily.

Anonymous said...

I don't see the 88/month Kia Soul EV pricing on Stevens Creek site anymore. I don't think it's available anymore?

vin said...

Wow, I just checked last night... you are right, it's gone today. I removed Stevens Creek Kia's deal from the list. Thanks for the tip!

vin said...

Hey Tony - Thanks for the kind words! As far as your interesting question....

My guess (and it's just a guess) is that there won't be "special" lease pricing on the Bolt right out of the gate. I'm thinking at best there will be a $7500 incentive to reduce the capitalized cost, and a base model could be had for about $400/mo+tax with $0 drive-off. I think GM will offer this "fair" deal from the get-go, but in the end I suspect the dealers will charge a premium until the hype dies down.

On a personal note - after the green stickers were reinstated, I thought for sure I will be replacing my Gen 1 Volt with a Gen 2 come January when my Gen 1 lease is up. But then I saw a Bolt going north on the 405 on the way home last Friday, and I think I changed my mind. The car looks much better in person, IMHO. Now I'm thinking that I'll just turn in the Volt, drive the RAV4 EV exclusively while I wait until the Bolt hype dies down, then snag a Bolt when the killer deals start appearing.

Unknown said...

Vin

Wow you saw a Bolt in the wild, nice! Glad to hear it looks good in person.

Ok so lets go with your prediction, GM comes out with a fair lease deal, and the dealers charge a premium. Now the question is how many sales with the Bolt steal from all the other manufactures? What will the pricing do for the 100 mile ev's? What do you see the best deal now, or before the end of the year?

I'm trying to figure out when to buy. Almost bought a Soul EV+ over the weekend. Great car, but then I read the 2017 might get a battery bump to 137. I like the i3 too.

Thank you! Keep up the good work.

vin said...

I think the best deals now for short-range BEVs are the 500e and the Spark EV. LEAF S and Soul EV are pretty good, if you need more room and can land one of the better dealer offers.

As far as value (not necessarily the cheapest), I'd say the LEAF SV/SL. Hopefully the current SV/SL $0 down factory lease offers will influence the offers on upcoming 100-mile EVs from other marques.

I'm not an expert, but I think the Bolt hype will actually help 100-mile EV demand rather than hurt it... I'm thinking that the lease offers on 100-mile EVs will be much less than a Bolt lease (I'm guessing over $100/mo), and folks will ponder as to whether they really need the extra range.

If I had to get an EV right now, and it would be my first, I'd probably opt for the Volt. Dealer offers are incredible right now, and I suspect they won't go away soon since they are already 2017 models.

I'm a bit partial since we have one (my wife absolutely loves the car and hates when I want to drive it), but I think the 2016 B250e will be a great deal once Mercedes starts their winter sale event. You probably won't see any ads for the B-Class in particular, but with some negotiating one should be able to get one for $350/mo+tax or less.



nodr84 said...

2016 Nissan SV premium package $199.00 for 3 year/ 45 K mile Lease, with payment of $1600.00 to start, Out the door. Glenale Nissan, in Los Angeles. One 2016 Bronze SV Left!

nodr84 said...

I just got another $1000.00 back from Nissan After Lease Deal and Leaf Delivery. Monthly is now going to be between $169-179 per/mo. Thanks Albert,in the Finance Department, over at Glendale!

Unknown said...

I just saw one of these. This car is awesome!

Toyota Mirai
https://ssl.toyota.com/mirai/fcv.html

Amazing deal...

LEASE A MIRAI
$349 per month
for 36 months
$2,499 due at
lease signing*
12,000 mile limit

3 years' worth of complimentary fuel25
$5,000 CA rebate
* Excludes official fees, taxes, and dealer charges.
No security deposit required.

3 Years' worth of complimentary fuel
312 EPA-rated miles per tank
5 Minutes to refuel (approximately)
0 Emissions
Access OK Clean Air Vehicle California
Eligible for CA white HOV carpool sticker
This sticker allows single-occupant use of HOV lanes in California.

vin said...

That's a killer deal on a LEAF SV, nod84! Thanks for reporting!!! I'll keep an eye on Glendale in case they decide to advertise...

nodr84 said...

Yeah, $170.37 for 35mo. w/. $1600.00 down. Leaf SV with Premium package - options incl. hologram kick plates,floor/cargo mats, Pearl White, splash guards, safety kit, MSRP. $37,590.00. Total Lease cost including Ca. CVRP $2,500. + end lease $395.00 Dispo. Fee = Total $ 5457.95 3yr/ 45k mi. ( mileage cost almost $ .12/ mi ) Residual value is $11,277.00 ( Total purchase price at the end of 3 years (including lease) is a purchase price Total $16,339.95. (About 1/2 the cost of a soon to ship 2017 Chevy Bolt (MSRP. approx 42k (less $10k -Fed/Ca. Incentives) similar options and Double the 30 kWh battery and Range!

nodr84 said...

Glendale Nissan made another mistake! I don't actually get the extra $1,000.00 off on the rebate! So it's actually $199.00 like my original post. Glendale Nissan is currently under FTC probe and investigation. Check the Better Business Breau Repots on them before signing three different Lease documents (first and last were the same) for the same car over the period of five days! Sheesh, what a run around, for nothing!

nodr84 said...

Glendale Nissan gave me, after going in ( third time ) the $170.37 Lease. It seems The FTC investigation and hearings are making them play fair.

Anonymous said...

Went in this morning to Boardwalk Chevy and they said the best they could do for me was ~$290 /mo with $0 down for Volt LT. Not great imo.

vin said...

I agree a9zed1, that's not a great deal at all. Not even close to their ad car. Was the ad car already sold?

vin said...

That's good news, nodr84... let's hope it sticks this time!!!

Anonymous said...

When I called they said they had a lot of the ad cars in stock, so I have no idea. The salesman was pretty insistent that this was their only lease offer.

vin said...

Hmmm... well if I were to venture to that dealer, I'd print out the $99/mo offer on their website, tell them I want that offer. Pretty hard for a salesman to claim igorance when you shove their own words in their face. However, it is a one-only (for a silver one), so I'd make sure over the phone they didn't sell it first. If they say it's gone, I'd tell them that I'll close the deal today if they match the offer on a white one (I like white cars). If they come close, I'd start calling other area dealers to see if they'd beat the offer. Unfortunately based on your experience with this dealer, it does sound like it may take some time to get a good deal out of them.

Unknown said...

Vin you mentioned the BEVs with pretty good deals are the 500e and the Spark EV. LEAF S and Soul EV.
Looks like the Fiat 500e just got even better. Maybe I should test drive? The 500e hadn't been on my list, but that price is getting cheap.

I waiting for my model 3 like everyone else, so I'm looking for a car to hold me over until them. I was thinking i3, but the prices seem to high right now. The soul ev is currently my second fav. The leaf is my 3rd fav. Just knowing when the make the purchase for a great deal is the trick.
Thanks again for hosting and updating your site its awesome. Now if there was only a way to track the price history in a graph format.

vin said...

Hey Tony - sorry I forgot to mention the e-Golf SE with Quick Charge seems to be getting cheaper lately... that would be one to put on the short list for me if I had to get something really soon, but the deals seem to be up north in the SF area, not here in SoCal. It would be an adventure driving it home!

Regarding the 500e - yeah, I'd say give it a whirl, I can't see the deals getting much lower than they are now, and it might be good to know for sure that you're okay with 2 doors and not much cargo space with the rear seats up.

As far as graphing the price history... dude, you're stealing my thunder! :-) I was planning to try this at the end of the year, when I might have some time. But since you mentioned it, let me know which cars you want to see and I'll see what I can do...

Unknown said...

thanks for the info. We also want to know the all-information regarding the new Mitsubishi GT PHEV. including pricing in all country and area, especially in the United States

Sen said...

Chevy Boardwalk did not honor their $2500 down payment / $99 per month 2017 Volt lease deal. The salesperson claimed a typo in their AD and added 1K! Add another $500 for new leases. So total was $4K + fees,lic etc = $5.8K is the estimated down payment.

vin said...

Thanks Sen! Looks like they updated their online offer. I updated the Details and Links table above. I appreciate the help!!!

Unknown said...

Vin
The VW does look like a good option too, I'll add to the test drive list. I'm always up for an adventure driving from the Bay Area back to SoCal doesn't sound to scary.
I might have to eliminate the 500e just for the lack of quick charging.

Certainly didn't mean to steal your thunder, and certainly don't want to add to your work load. You do such a good job on your site and I'm certainly a more informed consumer cause of your hard work. What car do you have the best data for graphing? Leaf? Soul ev? VW E-Golf? All these would work for me. Its such a tough decision.

I do like the free 2 year charge cards that come with the i3 and the Leaf.

Thanks for all your hard work, you do a wonderful job!

pkal said...

Hi Vin, Thank you for this awesome website and all the effort that you put into maintaining it and keeping it current. It's such a great resource. I'm looking at getting the Spark EV using the cars.com advertisement and have a dealer who is willing to match the price with a $329 down payment. Is this one of the best lease offers on the Spark EV? I know there have been specials running on the Spark EVs for a while now.

vin said...

Hey pkal - the dealer deals on the Spark EV seem to have been getting less appealing since mid-summer. Which makes sense in my mind since I'm hearing (or more accurately, reading on sites like insideevs.com) that GM seems to have halted production in August. In that light, I believe that dealers are well aware of this and have therefore stopped advertising killer deals. That being said, it sounds like based on your work that there are dealers that will make great deals for those that do their research prior to opening negotiations.

In short, I think the offer you worked is a great deal, better than any dealer ad I've seen for the past month or two. I'd advise communicating with at least one other dealer to see if they'll beat that, or maybe give you that deal on one with Quick Charge, as a sanity check. Good luck, thanks for the kind words and hope to hear back on how things go!

vin said...

Tony! Hey, you're not adding work, you are providing inspiration and confirming that some sort of graphical representation of the historical data would be useful. I don't have much on the Soul EV, but I do on the others... I'll see what I can do.... Thanks Tony!!!

nodr84 said...

Hey Vin, Bordwalk Nissan is $99.00 per/mo. On 3 year/36K 2016 Leaf S (30kWh). $3,650.00 Down. After CVRP $2,500 bonus, this is a deal! Thanks on showing us where the cost basement is, so we can get the Lease cost in under $ .20 per mile (pre CVRP), here in Ca.!!!

vin said...

Thanks for the tip, nodr84!!! I'll have the table updated soon... really appreciate the help!

Matt said...

Hi Vin, Here's the internet ad by Boardwalk Nissan. Is it the same as nodr84? Thanks for your work. ew Nissan Specials in Greater San Francisco
Scroll Down to see all Promotional Offers!


The 104 Mile 30 kw LEAF S is here! Same range as the SV model!

Lease it for only $99 a month plus tax!
Lease:
S Charger MSRP: $33,670
Term: 36 Months
Annual Mileage: 12k
Down Payment Options:
VPP Customer: $2,500
Non VPP Customer: $3,650


S Lease: Based on MSRP of $33,670 (including destination charges) for a 2016 LEAF S 30 kwh with Charging Package, excludes title, tax, options, bank, first payment and dealer fees. Monthly payments total $5,724. At lease end lessees responsible for $0.20/mile over 36,000 miles and excessive wear and tear. Lessee responsible for insurance. Closed-end lease offered to highly qualified lessees on approved credit by Nissan Motor Acceptance Corp. Two at this price. Model Code: 17316 VINS GC313185 GC313648

vin said...

Hey Matt - yup, that's it! Nice that they have two at that offer.... many of the deals here are one-only. It'll be interesting to see what happens to LEAF sales numbers in the coming months, now that the S trim level gets the "big" battery too.

David said...

Hi Vin, Thank you so much for this blog. Last week, I got the loaded Kia Soul EV+ at Premier Kia in Newark (San Francisco, CA region) for $210/ month + tax, $230 total. No money down but First payment only. They paid all other taxes!! And first year registration!
With your help, I know this is a great deal.
Thanks again

vin said...

Whoa! $230/mo all-in, for an EV+??? Awesome deal, David! Glad to hear that this site helped. BTW, I checked Premier's web site since you mentioned them and it looks like they have an online EV-e lease deal, so I'm going to start tracking them. Thanks for the info and report... I'm sure that others looking for a Soul will benefit from it!

Matt said...

Hi Vin, Thanks again for your blog. It helped me to look for deals. I came home today with a Nissan Leaf S from Boardwalk Nissan. $99 a month lease. Walk out the door price: $3650. I got a VPP discount to get to this price. In addition, this Leaf came with a quick charger and a EZ charge card preloaded with $1200 for use at a charging station. They did all the paperwork for Ca State rebate the HOV stickers. Great, helpful, and super nice group of personnel at Boardwalk Nissan.

Matt said...

HI Vin, I forgot to mention that I opted to spend another $50/month for optional excessive wear and tear, routine maintenance,and a color different than black. This was for peace of mind. Thanks again.

vin said...

Awesome, Matt! That VPP discount is great. Free peace of mind! Also good to hear that they know how to take care of all the paperwork. Thanks for reporting back!!!

ShReak said...

hey, so basically the Dublin Chevy guys have inaccurate pricing,

2995 + 1500 drive off (not sure what the drive off is) 59 * 36
so 4495 + 2124 = 6624 which equals 184/month.

vin said...

Hi ShReak -

The lease offer shown on Dublin's website (and here, since my intent is to just parrot what their numbers are)is $2995+tax+license drive-off. So that $1500 extra you mention (I'm assuming you got that from the dealer) is tax+license. Which makes sense to me, since tax on the total cap reduction (which is the $2995 down + $10745 incentive) is probably about $1100 to $1200, and the license is probably about $300 to $400.
I calculate 35 payments of $59 since their ad implies that their is no payment due at signing... says "$13470 total due at lease inception which includes zero security deposit, plus tax&lic. 2995 customer cash down, and $10475 CCR"... since $2995+$10475=$13470, and they don't mention "plus first payment", I interpret their ad as saying that there's no first payment.

Hope this helps...

ShReak said...

ok so i am purchasing the Spark EV 1 LT with quick charge from Dublin Chevy (the only have 1 in stock)

95/mo for 36months with 10kmiles/year

104.50/month
and $1500 drive off (includes everything)

which is 146/month

vin said...

Awesome, ShReak! Congrats on the deal, you beat the best currently advertised offer I could find by a pretty good margin. Great work!

Unknown said...

2017 BMW X5 lease has increased to $639 per month (National deal). Residuals have been lowered and Option allowance has been cut.

vin said...

Thanks Ton! I updated it.

Unknown said...

I called Rydell Chevrolet in Northridgr about the $129/mo & $2699 deal and they were not aware of the deal. What can I do to get these great deals on a Chey Volt?

Todd and Kari said...

In reading the fine print at Fiat Glendale, it appears they expect you to put down the $2500.00 Clean Air Rebate along with other fees to get the 500E deal....am I reading it wrong?

vin said...

Thanks, Todd and Kari!!! You are absolutely right... tables are updated to reflect the correction. I took a snapshot of the ad from a few days ago since the deal as I saw it seemed unreal (which it was), and it turns out I was in error. Thanks again for chiming in, I really appreciate the help.

vin said...

Hi Ronnie -
The $2649 deal is without tax and license... because on the ranking table, I subtract an estimate of tax and license from dealer offers that include them on their ad, i.e. Rydell and Keyes. This is so we can compare "apples to apples" between dealers that include tax and license in their offers (there are only a few) to those dealers that don't (which are the majority of them).

When communicating with the dealer, I strongly recommend scrolling to the "Details and Links" table, an clicking on the link to the dealership's site so you can see the exact terms of the dealer's offer. Sometimes within hours of when I update this page the deals are removed, improved, or out of stock (when limited to specific units in stock). My intention is to provide guidance to where the great deals have been found at one point in time. But when negotiating or communicating with the dealer, it's important to only refer to the data that the dealer has published themselves.

Sorry for the confusion. Good luck, let me know if you have any more questions, and please report back if you lock in a great deal. Thanks!!!

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