Chevrolet Volts Available for $159 a Month Lease… Kinda

The Chevrolet Volt may be enjoying improved sales over the last few months, but the American automaker is still not satisfied with the results. In hopes of getting more Volt drivers on the road, some dealerships are offering a lease special thanks to dealer incentives.

According to a recent report by Forbes there are people out there who are enjoying driving a Chevy Volt for just $159 a month on a lease, but there is a catch… or two. The actual lease special by GM is $279 a month with $2,419 due at signing on a two-year, 24,000-mile lease.

So how is it possible that some owners snagged a Volt for $159 a month with no money down? We’re glad you asked.

Well one particular buyer was able to take advantage of $3,000 in rewards from a GM credit card that applied towards the lease of the Volt. In addition, GM is offering dealers bonus cash if they exceed their initial Volt sales goals. As we know, some dealerships are nice enough to pass those incentives onto their buyers. So with an extra $1,000 bonus cash passed from the dealer to the buyer and a trade-in, this particular Volt owner is winning out paying just $159 a month.

Of course the story reported by Forbes is a bit misleading, but with some clever haggling, there’s a good chance that you too could score a Volt for an affordable monthly payment – probably less than what you’d save in gas each month by driving now.

[Source: Forbes]