Greetings! The Best way
Greetings!
The Best way to drive The Amazing Chevy Volt EREV IMHO is through a lease through either Ally Bank or US Bank, both now lending arms of GM Financial.
Here is why.
1) With Leasing in most states you only pay the sales tax, now known as a use tax on the lease payment, not the MSPR or sale price.
2) With leasing, the Federal $7,500.00 is captured by the lease company as an enhansement to the lease residual thus lowering the payment to you. No fancy tax fileing later, no bridge loans or other, this is a flat out price reduction to the lessee.
3) With leasing you are not locked into more then a 3 year arangement. No 5,6,7,8 year loans.
4) With leasing, term will end most likely in 2015 as Volt 2.0 rolls onto dealer lots. 3 years and new, like your smart phone platform.
5) With leasing, the actual lease obligation shows up on your credit report as a total of lease payments due thus dropping your debt to income position.
-------------Watch This..........Beat this Net Cost To Drive this Amazing machine!..........................
Works best if you normally drive 25-40 miles a day average......
Check Out The Chevrolet Website /Volt
Ready? 1) FROM- $349.00 a month With 7% or so up front plus use tax.
2) 3yr/ 36,000 mile lease!
3) Save maybe $40.00 -$60.00 dollars a week-GAS @ $4.00 Gal
4) Not spending $180.00 to $240.00 a month on gas!
5) Cost to charge Bout a Buck a Day! National Average=$1.50 Day
6) In Theory........$349.00 Net a month minus $200.00 not spent on GAS..
7) Net Cost to Drive equals $149.00 a month or $37.50 a Week!
Love my math! Does this make sense?
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