Buyers can now lease the 2013 Chevrolet Volt for only $159 per month

Article by Christian A., on September 10, 2012

The price tag on the 2013 Chevrolet Volt still says $39,995, (which include destination costs) even when the numerous rebates are considered. Because of a federal rebate amounting to $7500, the buyers in the U.S. don’t really pay $40,000. But now, buyers can lease a 2013 Volt for just $159 per month.

Forbes said that several Chevrolet dealerships were able to sell 2012 and 2013 Volts with huge discounts. The new report showed that a buyer can lease a brand-new Volt for two years for only $159 each month without having to make a down payment.

In comparison, Chevrolet offers the 2012 Cruze sedan at $149 per month for two years with $1709 to be paid during the signing. The 2013 Volt is available with a standard three-year lease for $299 each month, needing $1529 down.

Forbes found a dealership whose Volt purchases had already surpassed its sales targets for the model line. About 15% of Chevrolet dealerships have accomplished that and so they will be getting $500 more in cash incentives. Forbes said that about 2.5% of dealers will receive an additional $2,500 since they have sold three times what they had aimed for. The $159/month deal was from a dealer that would most probably be in either of these categories.

The buyer got an extra $1000 in incentives aside from the $3000 cash back from a General Motors credit card. Meanwhile, a former owner of a BMW-3 Series model had such a good credit that he went home with a new Volt for nearly no money at all.

To date, Chevrolet sold only 13,497 Volts this year, which is very far from GM’s initial target of selling 35,000 to 40,000 of the EREVs in 2012. Right before these deals on the Volt, the car’s Hamtramck, Michigan assembly plant had been idled to help reduce the inventory levels. There was an 84-day supply of the Volt on the day of the plant shutdown last week.

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

In many industries, it is the rivalries that make things exciting. In basketball for example, there is the well-known rivalry between the Los Angeles Lakers against the Boston Celtics. For...
by - February 19, 2017
Now on sale in several major markets around the world including Europe, the BMW 5 Series (G30) heralds the arrival of the new seventh generation and represents a whole new...
by - February 19, 2017
Just recently, it was speculated that a new Porsche Cayman GT4 RS is coming. There is no official confirmation yet from the German sports car maker, but the arrival of...
by - February 18, 2017
Will there be a BMW M4 CS? Apparently, there is a Club Sport version of the BMWM4 after it was sighted in California doing a shoot for a new commercial...
by - February 18, 2017
Having a 400 hp and 470 lb-ft of torque is a tremendous advantage. Yet Ford hasn’t formally announced the numbers regarding its latest Ford Expedition. The current SUV as we...
by - February 17, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries