Lease a Chevy Bolt for $309/Month With $0 Down in California

GM Financial just released attractive leasing details for the $37,495, 238-mile Chevrolet Bolt EV.

LeaseHackr discovered the details; after incentives, with zero money down, it’s possible to drive away in a base model 2017 Chevy Bolt for just $309/month if you live in California.

The Bolt qualifies for the full $7,500 Federal Electric Car tax credit; which GM Financial receives and passes on through a $2,500 Cap Cost Reduction incentive. It would seem that GM is using the majority of the tax credit to boost the Bolt’s residuals which hover around 60% depending on mileage, helping drive down monthly cost.

Bolt Lease Package

The CCR incentive is valid in all 16 CARB states–and only through the end of 2016–however only California and Oregon will receive cars before 2017. Buyers in California with “household incomes less than or equal to 300 percent of the federal poverty level,” will qualify for a further $2,500 CVRP state incentive.

Even after adding the Fast Charging or optional equipment packages, the Bolt should be available in the $300-400/month range, delivering on it’s promise to be the first affordable, long range EV. GM is expected to move 30,000 units per year, perhaps more if the company can offer similar lease packages nationwide.

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