The Chevy Bolt lease price drops to $107 per month, but there’s a catch

It is not an issue.

Costco is a symbol of the arrival of common items and free samples, at least in the pre-pandemic period. CarsDirect reported recently that Costco had offered a promotion on the Chevrolet Bolt EVO. You can lease the vehicle starting at $107 per month.

A dealer bulletin states that all Bolt purchases, whether you intend to buy or lease, will include a $3,000 Costco member discount. This bonus is only available for the 2020 and 2021 models.

This all sounds great, but there is a catch. The latest discount is only available for Bolt-LT vehicles with DC Fast Char, unlike previous discounts. You can get approximately 100 miles in 30 minutes with the $750 item. The terms of the lease are unchanged even with fast charging. $107 per month with $107 due at sign. That works out to an average monthly cost of $110

Costco’s deal offers a $10,000 savings on the length of the lease compared to previous deals. There are many other options available for those who want to purchase a Bolt EEV.

Prospective buyers will continue to receive an $8,500 rebate for all Bolt models. This can be increased to $11,500 with the Costco Bonus. CarsDirect reports that the American automaker offers zero percent APR for 84 month on the 2020 Bolt and $7,000 in GM down payment assistance. This process can get very complicated quickly so we recommend visiting your local dealership to find out what they can do.