A current lease offer for the Chevrolet Volt (expiring on September 4) is $2,529 down, and $260 a month for 36 months — a lower monthly payment than what the Mercedes-Benz C250 was going for last month. That’s pretty good for a car that costs almost $40,000 without the tax incentives. But it’s not as good as what PluginCars.com is reporting the Volt is going for. Try a two-year lease for $249 a month, with $2,479 due at signing, or a three-year lease at $268 a month, with only $999 paid upfront from some unnamed dealerships. If true, that’s a steal.
While this may contribute to the sales jump for the Volt, it’s still well known that GM isn’t making money on the car. But with hints of much more affordable electric vehicles on the horizon, the company may be alright with the Volt carrying out the role of a loss leader.