Report: 2013 Chevrolet Volts Available for Just $159 Per Month

Despite numerous rebates, the 2013 Chevrolet Volt still has a high base price of $39,995, including destination. Thanks to a $7500 federal rebate, U.S. Volt buyers will never actually pay that $40,000 price. Now it seems that some buyers are getting quite the deal on a 2013 Volt – as low as $159 per month, in fact.

According to Forbes, some Chevrolet dealers have been able to see 2012 and 2013 Volts at a big discount. The new report outlined how a buyer was able to lease a brand-new Volt for two years for just $159 per month with no money down. To put that in perspective, Chevrolet is currently offering the 2012 Cruze sedan at $149 per month for two years with $1709 due at signing. The standard three-year lease on a 2013 Volt is currently set at $299 per month with $1529 down.

In the case of the deal Forbes found, the dealer the Volt was purchased from had already exceeded its sales goals for the model line. Roughly 15 percent of Chevy dealers have done just that, and are awarded an extra $500 in cash incentives. Another 2.5 percent of dealers have sold triple their targets and received an extra $2500, says Forbes. The $159/month deal came from a dealer that most likely fell into one of those two categories, as the buyer received $1000 in incentives on top of using their own $3000 cash back from a General Motors credit card. Rolled together with good credit, an ex-BMW-3 Series-owner was able to walk out the door with a brand-new Volt for almost no money at all.

So far, Chevrolet has sold just 13,497 Volts this year, which falls far short of GM's original goal of selling 35,000 to 40,000 of the EREVs in 2012. These deals on the Volt come hot on the heels of the car's Hamtramck, Michigan assembly plant being idled to help lower inventory levels. As of the plant shutdown last week, it was estimated that GM had an 84-day supply of the Volt.

Source: Forbes

pjkPA
Every auto factory stops production around this time of the year for retooling... why didn't you mention that. Why didn't you mention that the Chevy Volt is also by far outselling all electric cars.. the Nissan Leaf only sold 600+ while the Volt sold 3800 this month... A testament to just how good the Volt is the sales in spite of a almost totally biased media. While we give Nissan $7500 for each Leaf it sells in the US the Japanese put a $40,000 tariff on the Volt in Japan... yes if you want a Volt in GM's biggest competitors market it will cost you $79,000 .. same for Germany Korea and the UK... level this playing field and GM could not build enough Volts.
Eric
This Forbes story has gone viral and it's unfortunate that the reporting has been so sloppy. In this version of the story, the leasee was characterized as an "ex-BMW" owner. In other versions the BMW was actually traded in for the Volt. In both versions the mention of the BMW was almost an afterthought, and crucially, no details were provided about the value of the BMW. I suspect that the trade-in version of this story is the more correct one. So what's so special about a $159/mo lease if the leasee traded in a high value BMW? The leasee may not have put down any cash, but isn't it likely that he got a large allowance for the BMW?
Andrew N
Yes, you can get a Volt for $159 per month...if you trade in your BMW. I would say that this article is quite misleading and that everyone should read the referenced article from Forbes to see just how the couple got a Volt for $159 per month with $0 down.

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