Why Are Chevy Dealers Offering $99/month Leases on the Bolt ...
October 14, 2017 Zach Butler
(bottom of ad sez must be a costco member)
Local dealerships, such as Gilroy Chevrolet in California, are offering
attractive lease offers on the new Bolt
Past vs Future: 2017 Chevy Bolt vs VW GTI Drag Race 4:08
Jun 25, 2017 - Uploaded by The Fast Lane Car
... Is it the original hot hatch or the new all electric Chevy Bolt. In
this Past vs Future drag ...
As electric cars become more popular in the public sphere, automakers are
jumping at the opportunity to satisfy the demand.
A few days ago, we covered the wave of announcements that lay out
automatkers’ electrification strategies in the coming years. Of particular
note was GM’s press release last week that promised an “all-electric
future”. In that plan, the company plans to launch at least 20 new electric
vehicles within the next six years. An ambitious plan, and I commented that
their new Bolt is a promising start of achieving their goals.
We at TFLcar like the Bolt – Nathan took one on a family road trip in
California. We also drag raced one against a conventional car – specifically
a Golf GTI – and the Bolt won by a considerable margin (video below!). It
has well-tuned road manners, is fairly good looking, and offers up 238 miles
of emissions-free range. Taking all that into account, you’d think there
would be a premium on cars such as the Bolt.
Apparently not. A TFLcar correspondent sent in this shot of a local
newspaper ad offering the Bolt for $99 a month. Just last month, GM
announced that they were making the Bolt available at dealerships
nationwide. They’re also offering an 8-year/100,000 mile limited drivetrain
warranty, much to the relief of owners worried about replacing battery
packs. So why are you able to get this car so cheap?
Simple answer: They’re not selling. In the third quarter of 2017 alone,
Tesla delivered 26,150 cars. That’s more than twice as many Bolts GM managed
to shift in 2017 – just 11,670 as of August 30. This shows that the Bolt –
while a good car – faces an uphill battle against market-dominating Tesla.
While the Bolt’s sales have been slow, it’s hardly alone. Its hybrid cousin
is also struggling to find buyers.
The Bolt has yet to usurp Tesla’s reputation as a go-to electric model, and
its gas-electric hybrid cousin isn’t fairing so great either. If you’re in
the market for a cheap lease on a hybrid, dealerships like Gilroy tout
[image] The same Chevy dealership offering the Bolt for $99 is also leasing
a Volt for $122/month.
The Volt is the second-most popular plug-in car on currently on the market,
just behind the Tesla Model S. However, its sales have steadily declined
since last year. Dealerships seem to be offering attractive deals on both
the all-electric Bolt and the hybrid Volt to move units. This particular
dealer has a couple other stipulations, but they are not alone in making
these offers. Other cursory searches will turn up several other lease deals
similar to the ones this Chevrolet dealership is offering for these cars.
Some thoughts on these deals:
I’d like to put it to you, TFLcar community: What do you think of the
Bolt/Volt and these lease offers? It could be that dealerships are offering
attractive leases to spur EV sales. While governments in Europe are pushing
to ban gas and diesel cars in their cities, the U.S.’ cheap gas prices may
stymie EV sales for awhile. Companies like Tesla and BMW, whose sales have
been growing, may prove a challenge for GM to overcome ...
[© The Fast Lane Car]
If you're looking for a 2017 Chevrolet Bolt EV in the Gilroy area, visit
Gilroy Chevrolet ...
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