What the Frunk? Bolts for $194 a month
It's Friday, so it's 'What the Frunk' Friday. Amazing deals on Chevy Bolts are emerging and one Costco customer is getting a free ride! A 5,000 mile Bolt review is also included.
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Image caption | What the Frunk? Chevy Bolt deals are starting early this year, grab them why you can. Wow. $194 for 36 months with $194 due.
Over the last couple of years, auto dealerships have slashed electric car prices in the fall, mainly in October and November. But 2020 is a different, to say the least, and a Costco customer recently acquired a 2020 Chevy Bolt and will be PAID to drive it,
Seriously.
From the Leasehakr forum:
“This past Saturday I was able to lease a $43,735 MSRP Chevy Bolt Premier for a total of $5,618 out the door (36 month, 10k mile a year One Pay lease). I received about $4,500 in dealer discounts, $6,750 in lease cash, $3,000 that was a special Costco member incentive for the Bolt, and $1,500 in loyalty. I live in New Jersey so we pay zero sales tax on electric vehicles, and we receive a $5,000 dollar check post sale. Combined with the $640 dollars in rewards on my GM credit card, I will be paid a few dollars to drive this car for the next few years. Obviously this was a very particular scenario but I just wanted to point out the amazing saving opportunities people currently have on these...”
Another report from Cars Direct says:
According to a bulletin sent to Chevy dealers last week, members of the popular warehouse chain are now eligible for a $3,000 bonus when buying or leasing with a dealer in Costco's network. If you're planning to lease, the offer can be combined with a $5,750 national lease incentive for $8,750 in potential savings.
But that's not all. Chevy is also offering a $1,500 bonus for coming from a 2015 or newer GM lease (or that of a competitor). That's $10,250 in savings. As a result, the 2020 Bolt LT can be leased from as little as $194 for 36 months with $194 due at signing in most parts of the country based on a 12,000 mile/year lease.
In 2019, car buyers were finding great deals on Hyundai’s electric Niro in the northeast part of the U.S.
Anybody else hearing of any deals?