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Bolt leasing details, with hot money factor action!

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e-FTW

New electron smell
Aug 23, 2015
3,363
3,269
San Francisco, CA
Am sorry, am trying hard to not research or know what a money factor does, but am sure actual smart folks here know what that does. Or if GM's is any good:
program.jpg

GM launches Chevy Bolt EV’s leasing program: $309 a month and $0 down after incentives in California
 
I have never leased a car, and we normally pay cash, but that is mighty attractive just to use as a golf cart... :D

To put it in perspective, GM is pushing them out at less than 1/3 the price of the Model S 60 in black on the exact same lease.
 
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I have never leased a car, and we normally pay cash, but that is mighty attractive just to use as a golf cart... :D

To put it in perspective, GM is pushing them out at less than 1/3 the price of the Model S 60 in black on the exact same lease.[/QUOTE

I am not sure I understand
Am sorry, am trying hard to not research or know what a money factor does, but am sure actual smart folks here know what that does. Or if GM's is any good:
program.jpg

GM launches Chevy Bolt EV’s leasing program: $309 a month and $0 down after incentives in California


Money factor multiplied by 2400 equals APR, as I understand it.
Money Factor