I was talking to my co-worker who just got a Volt for about $150/month and 2000 due at signing He claims that since it is a lease the dealer will get the $7k federal credit and then applied to the residual value of the car. He claims that is why the monthly lease is so low. I wonder if anybody here has heard anything about Toyota dealer doing the same.
it works the same, but the price can also contain mfg incentives. why not contact dianne, i think she has the lease deals in her threads. if it's not cheap enough for you, get a volt.
Not exactly. The owner of the car, the lessor, will get the credit. That is the finance company or bank that is leasing it to you. Will they apply the credit to your value or pocket it???