With Bolt Sales Averaging < 1,500/month, GM Is Preparing for a Production Increase

Discussion in 'In the News' started by xcel, Mar 15, 2018.

  1. EdwinTheMagnificent

    EdwinTheMagnificent Legend In His Mind

    I find that that's the tool that gets used ( and lost ) the most. I probably have five of 'em now.
    One of them dates back to a toolkit from a Honda motorcycle I bought in 1983.
     
    BillLin likes this.
  2. BillLin

    BillLin MASS: 2018 Bolt EV and 2017 Prime

    Yeah, I lost mine. Only because I'm disorganized. I'll find it though. It is around somewhere.:)
     
    xcel likes this.
  3. jcp123

    jcp123 Caliente!

    If I break down on the side of the road in an Asian car, and my only tool is a 10mm, I think I'd have an above-average chance of fixing it right there :D
     
    xcel, puddleglum and BillLin like this.
  4. puddleglum

    puddleglum Well-Known Member

    That is an amazing deal on the Bolt ( on the Volt as well). If you're going to be driving enough to make it worthwhile, sounds well worth it. You are fortunate to have access to reasonably priced EV's in your area.
     
    xcel and BillLin like this.
  5. puddleglum

    puddleglum Well-Known Member

    You might need a 12mm as well;).
     
    xcel, jcp123 and BillLin like this.
  6. BillLin

    BillLin MASS: 2018 Bolt EV and 2017 Prime

    True indeed. I am fortunate. Prior to my decision to purchase the Bolt EV, I was looking at used EVs. Are those available where you are? Low mileage Leafs were quite reasonably priced, and they were being quickly snapped up. I found little available inventory of the type I wanted. I knew I could "live" with a 2016 Leaf SV or better. The surround view system would have been nice in the SL trim. I chose the 2016 for the bigger battery and I wanted to make sure it had the DC charge option. I liked the heat pump heater system in the 2013+.

    That Volt lease deal is something else. I don't know if you can find many cars of that caliber at $125/month, no money down. Many offers show very low monthly fees, but have a $1999 or something down payment. That's $55-56 per month more.
     
    xcel and puddleglum like this.
  7. Pavel4

    Pavel4 Well-Known Member

    Thanks Trollbait....Buying an electric with a large battery makes little sense to me. It's akin to buying optional larger engines when the standard 4 cylinder is more than adequate. Of course, there are straight forward ways to give more flexibility to the battery vehicle - have a standard main battery and the provision to slot in two or more extra portables. The portables would then be useful elsewhere (ATV, boat outboard, lawn tractor, emergency power etc.) I think my son's 5 year old Leaf has space for extra batteries in the trunk but no terminals. These are early days.
     
    xcel, puddleglum and BillLin like this.
  8. puddleglum

    puddleglum Well-Known Member

    We certainly all have different situations that effect the practicality of our car choices. I have seen a couple of Tesla's and two or three Volts in town. I have yet to see a used EV for sale in Red Deer although there is a Volt for sale. Occasionally there is a Leaf in Edmonton or Calgary for sale which makes sense as they are much larger cities. There are a few EV owners there. Alberta has no rebates for EV's or hybrids and with the lower Canadian dollar, prices get pretty high. New Volt's are over $40,000. I don't think the Bolt is available here yet, but I'm sure it will be over $50,000. Also Alberta is very spread out. It's 24 times the size Massachusetts with only about 60% the population. If I leave town, it's 100 miles to a major center and I live in the center of the highly populated corridor. Consequently, unless you can afford a Tesla, or maybe the Bolt now, EV's have to be the second commuter car.
    Personally, as much as I would love an EV, I don't drive enough to make it cost effective. I'll be happy for those of you that can though.
     
    xcel and BillLin like this.
  9. BillLin

    BillLin MASS: 2018 Bolt EV and 2017 Prime

    Bolt EV is home.jpg I just got the car home. Still more setup to do with OnStar and personal preference settings.
     
  10. BillLin

    BillLin MASS: 2018 Bolt EV and 2017 Prime

    Disclosure. As I was picking up the car, I asked the salesman if those lease deals were real. He said that yes, but only if you are already in a lease with another company listed in the incentive fine print. I'm sure it's the same with the Bolt EV lease. The significant lease conquest dollars is what provides the down payment, so you're not out of pocket on that. But, not everyone qualifies... Sorry about that. I should have known it sounded too good.
     
    xcel and puddleglum like this.
  11. Chris12

    Chris12 Well-Known Member

    That's too bad about the lease deals. On the flip side, however, given how obscure those rules are, if one were to take that lease deal and shop it around with other dealers (to see if anyone else will match it), maybe those other dealers wouldn't notice/bother to investigate those details?

    Also, I saw something about a residency requirement in the fine print. Bill, do you know if you have to be an MA resident to get that lease?
     
    xcel likes this.
  12. BillLin

    BillLin MASS: 2018 Bolt EV and 2017 Prime

    Chris12, I really don't know the answer to that. I have not dug through all the fine print. I let the salesman figure out for me whether I qualified for all the incentives and discounts. The advertisement said $8500 on my particular vehicle. The salesman found $9000 for me.

    If you're truly interested, you could talk to someone at the dealership and ask for the specifics. I worked with Sean Mulkerrins. (Quirk Chevrolet) You can tell him I sent you. :)

    If the leases don't work, the alternative is a purchase. Many of the Volts show $9000 or more off. If you're trading in a 1999 or newer vehicle from a competitor on their list, you should be able to get most of that discount. And then there's the federal $7500 tax credit if you have that much tax liability. You wouldn't get the Mass rebate of course, unless you live here. I just saw the fine print of "All leases: $1999 cash or trade down" which doesn't really sound like $0 down to me. Talk to them and make them show you what you can qualify for. Good luck. Incidentally, this dealership is moving out cars at an astounding pace. That salesman sold 3 cars yesterday alone.

    upload_2018-3-26_18-40-32.png
     
    xcel likes this.
  13. Chris12

    Chris12 Well-Known Member

    Thanks, Bill. That's good to know. I'm more interested in the Bolt actually, but I've been meaning to look into this dealership more closely ever since your post about it a few weeks back. I live in the NYC area, but I have family in Boston and am there often, so it wouldn't be too difficult to do a deal with this place if the price was right. Thanks for the info.
     
    xcel and BillLin like this.
  14. BillLin

    BillLin MASS: 2018 Bolt EV and 2017 Prime

    You're welcome, Chris12. I'm glad you're interested in the Bolt.
    I pondered that statement a bit, and then thought about the deals with and without money down. The money down version shows $1999 down, so perhaps that fine print only applied to the money down side of the deal. Sloppy advertising, but I'm now believing (/hoping) that the no down deal is real again. :D
     
    xcel likes this.
  15. puddleglum

    puddleglum Well-Known Member

    Congrats Bill. It looks really sharp in that color too.:)
     
    xcel and BillLin like this.
  16. jcp123

    jcp123 Caliente!

    Looks very sharp! Black and chrome, can't go wrong. That's a good angle for the car.
     
    xcel, puddleglum and BillLin like this.
  17. BillLin

    BillLin MASS: 2018 Bolt EV and 2017 Prime

    Thanks, guys. :)
     
    xcel and puddleglum like this.
  18. NeilBlanchard

    NeilBlanchard Well-Known Member

    Apply for the MOR-EV $2500 rebate as soon as possible. It takes up to 75 days to get the check, after it is approved.
     
    xcel, puddleglum and BillLin like this.
  19. BillLin

    BillLin MASS: 2018 Bolt EV and 2017 Prime

    I really appreciate that great advice, Neil. MOR-EV.org is processing my application with complete documentation. What shall I do with this bundle of cash?... maybe retire? ;) (no, not retiring so early...)

    Cheers,
    Bill
     
    NeilBlanchard, xcel and puddleglum like this.

Share This Page