Chevy Electric Car Lease 2019 Best Deals and Tips Revealed

Chevy Electric Car Lease 2019 Best Deals and Tips Revealed

Chevy Electric Car Lease 2019 Best Deals and Tips Revealed

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Discover the best 2019 Chevy electric car lease deals that deliver exceptional value, with low monthly payments and minimal upfront costs—perfect for eco-conscious drivers. Take advantage of limited-time manufacturer incentives and tax credits to maximize savings on models like the Bolt EV, making 2019 one of the most affordable years to lease Chevrolet’s top electric vehicle.

Key Takeaways

  • Compare lease terms: Always evaluate 2019 Chevy EV lease deals from multiple dealers.
  • Maximize incentives: Use federal and state rebates to lower your monthly payments.
  • Negotiate MSRP: Lower the car’s price first to save on lease payments long-term.
  • Check mileage limits: Avoid overage fees by selecting a lease matching your driving needs.
  • Review maintenance packages: Opt for included services to reduce ownership costs.
  • Time your lease: Shop year-end for best discounts and dealer promotions.

The Rise of Chevy Electric Cars in 2019: A Lease Revolution

The automotive landscape in 2019 underwent a transformative shift as electric vehicles (EVs) moved from niche novelties to mainstream contenders. Among the pioneers in this transition was Chevrolet, a brand synonymous with American innovation and reliability. The Chevy electric car lease 2019 options emerged as a game-changer for eco-conscious drivers, offering affordability, cutting-edge technology, and the freedom to drive without emissions. With federal and state incentives, competitive lease rates, and a growing network of charging stations, leasing a Chevy EV became a smart financial and environmental decision for thousands of Americans.

Why lease an electric car in 2019? For starters, leasing allowed drivers to access the latest EV technology without the long-term commitment of ownership. The 2019 Chevy Bolt EV, in particular, stood out with its 238-mile range, spacious interior, and advanced driver-assistance features. Unlike traditional gas-powered vehicles, electric cars offered lower maintenance costs and the convenience of charging at home. This guide dives deep into the best Chevy electric car lease deals in 2019, providing actionable tips, real-world examples, and insider strategies to help you secure a deal that fits your lifestyle and budget.

Why Lease a Chevy Electric Car in 2019?

Cost Savings and Incentives

Leasing a Chevy electric car in 2019 was more affordable than ever, thanks to a combination of federal tax credits, state rebates, and manufacturer incentives. The federal EV tax credit offered up to $7,500 for qualifying vehicles, including the Chevy Bolt EV. However, this credit was gradually phased out for Chevrolet after reaching 200,000 total EV sales, making early 2019 a critical window for buyers. Many states, such as California and New York, added additional rebates of $1,500 to $2,500, further reducing the effective lease cost.

Chevy Electric Car Lease 2019 Best Deals and Tips Revealed

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For example, a 36-month lease on a 2019 Chevy Bolt EV in California could start as low as $249 per month after factoring in the state’s Clean Vehicle Rebate Project (CVRP). This was a stark contrast to the $350–$400 monthly payments for gas-powered counterparts with similar features. Leasing also eliminated the risk of battery depreciation, a common concern for EV owners.

Lower Maintenance and Fuel Costs

Electric cars like the 2019 Chevy Bolt EV required significantly less maintenance than traditional vehicles. With no oil changes, spark plugs, or exhaust systems, routine service was simplified to tire rotations and cabin air filter replacements. According to a 2019 Consumer Reports study, EV owners spent 50% less on maintenance over five years compared to gas-powered cars.

Charging at home also slashed fuel expenses. A full charge of the Bolt’s 60-kWh battery cost approximately $7–$10, depending on local electricity rates. Over a year, this translated to $840–$1,200 in savings compared to a 30 MPG gas car driving 12,000 miles annually.

Flexibility and Technological Edge

Leasing allowed drivers to upgrade to newer EV models every 2–3 years, ensuring access to the latest features like faster charging, improved range, and enhanced infotainment systems. The 2019 Bolt EV, for instance, introduced features like one-pedal driving, regenerative braking, and a 10.2-inch touchscreen with Apple CarPlay/Android Auto. By leasing, you avoided the depreciation hit that typically affected EVs after the first year.

Top Chevy Electric Car Lease Deals in 2019

Regional Variations in Lease Offers

Chevy’s lease deals in 2019 varied significantly by region due to differences in state incentives, dealer inventory, and competition. Below is a breakdown of the most attractive offers:

Chevy Electric Car Lease 2019 Best Deals and Tips Revealed

Visual guide about chevy electric car lease 2019

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  • Northeast (NY, NJ, MA): $199–$249/month with $2,000–$3,000 due at signing. Many dealers offered 0% APR for 36 months on Bolt EV leases.
  • West Coast (CA, OR, WA): $229–$279/month with $1,500–$2,500 due at signing, including state rebates.
  • Midwest (IL, MI, OH): $249–$299/month with $2,500 due at signing. Limited-time “Zero Down” promotions were available in select markets.
  • South (TX, FL, GA): $269–$329/month with $2,000 due at signing. Fewer state incentives meant higher effective costs.

Special Programs for First-Time Lessees

Chevy introduced several programs to attract first-time EV lessees in 2019:

  • GM’s “EV100” Program: Offered $1,000 off lease payments for customers who committed to driving an EV for 100 days.
  • Corporate Lease Discounts: Employees of partner companies (e.g., Google, Apple) received an additional $500–$1,000 off.
  • Military and First Responder Discounts: $500 bonus cash for qualified individuals.

For example, a first-time lessee in New Jersey could combine the EV100 program, corporate discount, and state rebate to reduce their monthly payment to $179.

Data Table: 2019 Chevy Bolt EV Lease Comparison

Region Base Monthly Payment Due at Signing Effective Monthly Cost (After Rebates) Special Incentives
Northeast $249 $2,500 $189 0% APR, EV100 Program
West Coast $279 $2,000 $209 CA CVRP Rebate ($2,500)
Midwest $299 $2,500 $249 Zero Down Promotion (IL)
South $329 $2,000 $299 Military Discount

How to Negotiate the Best Chevy Electric Car Lease Deal

Research and Timing

Timing your lease negotiation was critical in 2019. Dealers offered the best deals at the end of the month, quarter, or year when they aimed to meet sales quotas. For example, December 2019 saw a surge in lease promotions as dealers cleared out 2019 models to make room for 2020 inventory. Tools like Edmunds.com and Leasehackr provided real-time data on regional lease rates, enabling buyers to benchmark offers.

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Pro Tip: Contact multiple dealers in your area (or neighboring states) and use their quotes as leverage. A dealer in Texas might match a California lease rate if you’re willing to travel.

Understanding Lease Terms

Key lease terms to scrutinize included:

  • Money Factor (MF): The equivalent of an interest rate. A lower MF meant lower payments. In 2019, Chevy’s MF ranged from 0.00050 (0.12% APR) to 0.00150 (3.6% APR).
  • Residual Value: The car’s projected value at lease end. The 2019 Bolt EV had a residual of 58% for a 36-month lease.
  • Mileage Cap: Most leases allowed 10,000–12,000 miles/year. Exceeding this incurred fees of $0.15–$0.25 per mile.

Example: A lease with a $30,000 MSRP, 58% residual, and 0.00100 MF resulted in a $279 monthly payment. Negotiating the MF down to 0.00075 reduced the payment to $259.

Hidden Fees and Add-Ons

Dealers often added fees like:

  • Acquisition Fee: $595–$795 (sometimes negotiable).
  • Disposition Fee: $395–$495 (waived if you lease another Chevy).
  • Excess Wear and Tear Charges: Avoidable with proper maintenance.

Tip: Always request a full disclosure of fees upfront. Some dealers waived acquisition fees for customers who paid a higher down payment.

Chevy Bolt EV: Features and Performance in 2019

Range, Charging, and Daily Driving

The 2019 Chevy Bolt EV’s 238-mile EPA-estimated range made it one of the most practical EVs on the market. Real-world tests showed it could achieve 250+ miles in mild climates, though winter driving reduced range by 20–30%. Charging options included:

  • Level 1 (120V): 4 miles of range per hour (overnight charging).
  • Level 2 (240V): 25 miles of range per hour (home or public chargers).
  • DC Fast Charging: 90 miles in 30 minutes (available at 3,000+ stations nationwide).

For daily commutes under 50 miles, the Bolt could be charged entirely at home. A 2019 AAA study found that 85% of Bolt owners charged at home at least 3 times per week.

Technology and Safety

The 2019 Bolt EV included:

  • Driver-Assistance Features: Forward collision alert, lane-keep assist, and adaptive cruise control (available in Premier trim).
  • Infotainment: 10.2-inch touchscreen, 4G LTE Wi-Fi, and wireless phone charging.
  • One-Pedal Driving: Maximized regenerative braking to extend range.

Safety ratings were stellar: the Bolt earned a 5-star overall rating from the NHTSA and a Top Safety Pick from the IIHS.

Cargo Space and Practicality

With 16.9 cubic feet of cargo space (expandable to 56.6 cubic feet with rear seats folded), the Bolt rivaled compact SUVs. Features like a hands-free liftgate (Premier trim) and 60/40 split rear seats enhanced usability.

Common Mistakes to Avoid When Leasing a Chevy Electric Car

Overpaying for Add-Ons

Dealers often pushed unnecessary add-ons like:

  • Paint Protection Film: $800–$1,500 (EVs rarely need this).
  • Extended Warranties: EVs already had 8-year/100,000-mile battery warranties.
  • “EV Prep” Packages: $500–$1,000 for Level 2 chargers (often cheaper to buy separately).
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Tip: Decline all add-ons and purchase them later if needed.

Ignoring Lease-End Costs

Lease-end fees could add up if you didn’t plan ahead:

  • Excess Mileage: A 15,000-mile annual limit with $0.25/mile overage cost $750 extra.
  • Damage Charges: Scratches or dents could cost $50–$200 each.
  • Disposition Fee: $395–$495 (negotiate a waiver).

Solution: Track mileage with apps like MileIQ and return the car clean.

Failing to Compare Alternatives

While the Bolt EV was a standout, 2019 alternatives included the Nissan Leaf ($249/month lease) and Tesla Model 3 ($399/month lease). Comparing these options could save you $1,000+ over the lease term.

Conclusion: Is a 2019 Chevy Electric Car Lease Right for You?

The Chevy electric car lease 2019 deals were a golden opportunity for drivers seeking affordability, sustainability, and cutting-edge technology. With federal and state incentives, low maintenance costs, and a robust 238-mile range, the Chevy Bolt EV proved that electric cars were no longer a luxury—they were a practical choice for everyday driving. Whether you were a first-time EV lessee or a seasoned driver, the strategies outlined in this guide—from negotiating the money factor to avoiding hidden fees—could save you thousands.

As the EV market evolved beyond 2019, the lessons from Chevy’s lease revolution remained relevant: research, timing, and negotiation were the keys to unlocking the best deals. While newer models like the 2023 Equinox EV offer longer range and faster charging, the 2019 Bolt EV’s value proposition was unmatched for its time. If you missed out in 2019, the good news is that the EV revolution is far from over—and the next wave of deals is just around the corner.

Frequently Asked Questions

What are the best Chevy electric car lease deals for 2019?

In 2019, Chevy offered competitive lease deals on models like the Bolt EV, with monthly payments as low as $199 in select regions. These deals often included low down payments and mileage allowances tailored to urban drivers.

How does a 2019 Chevy electric car lease compare to buying?

Leasing a 2019 Chevy electric car typically meant lower monthly payments and access to the latest tech without long-term commitment. However, buying was better for those wanting equity or driving over 12,000 miles annually.

Can I lease a 2019 Chevy Bolt EV with bad credit?

Yes, some dealerships offered subprime financing for the 2019 Chevy electric car lease, though interest rates were higher. A larger down payment or co-signer could improve approval odds.

What incentives are available for a 2019 Chevy electric car lease?

Lessees could combine federal tax credits (up to $7,500) with state/local incentives like HOV lane access or rebates. Dealerships often passed lease-specific incentives directly to customers.

Are there mileage restrictions on a 2019 Chevy electric car lease?

Yes, standard 2019 leases included 10,000–12,000 miles/year limits. Excess mileage fees averaged $0.25/mile, but some dealers offered higher caps for an added cost.

What happens at the end of a 2019 Chevy electric car lease?

You could return the vehicle (with wear/tear inspections), buy it at a residual price, or upgrade to a new Chevy EV. Early termination usually incurred hefty fees.

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