We Just Leased A 2024 Chevrolet Blazer EV! Let's See How It Does For 2 Years and 20, 000 miles!
video description
Date: 2024-07-12
Related videos
Comments and reviews: 20
AAutoBuyersGuide
So, one pay leases. The details vary from company to company, but GM considers 1-pay leases as a pre-payment of the monthly charge, not as an expanded downpayment. Check your lease docs for details, but on this lease, $6000 of the $6300 is the base scheduled payment and that payment is prorated on the same schedule as typical lease payments in the event of a total loss. So 1 year in, if it's a total loss, you could get refunded 1/2 of the amount ($3, 000) after your insurance pays out the value of the vehicle and GAP insurance (if applicable) pays the delta between that and what's owed. The result is that it's no different than a 24 month lease other than getting a considerably lower money factor and being sheltered from sales tax increases.
The main reason to do 1-pay leases is cost: you save money. How Because generally the money factor (interest in essence) is generally lower on 1-pay deals, you're not borrowing as much because you paid it up front, and there can be other offers applicable to 1-pay leases not offered on term leases. On this lease deal the savings for selecting 1-pay came out to $600, or about $25 a month. Because of the base scheduled payment nature, there is no more or less risk involved than a 24-month lease with the same general parameters except that it would be more expensive to pay monthly.
reply
So, one pay leases. The details vary from company to company, but GM considers 1-pay leases as a pre-payment of the monthly charge, not as an expanded downpayment. Check your lease docs for details, but on this lease, $6000 of the $6300 is the base scheduled payment and that payment is prorated on the same schedule as typical lease payments in the event of a total loss. So 1 year in, if it's a total loss, you could get refunded 1/2 of the amount ($3, 000) after your insurance pays out the value of the vehicle and GAP insurance (if applicable) pays the delta between that and what's owed. The result is that it's no different than a 24 month lease other than getting a considerably lower money factor and being sheltered from sales tax increases.
The main reason to do 1-pay leases is cost: you save money. How Because generally the money factor (interest in essence) is generally lower on 1-pay deals, you're not borrowing as much because you paid it up front, and there can be other offers applicable to 1-pay leases not offered on term leases. On this lease deal the savings for selecting 1-pay came out to $600, or about $25 a month. Because of the base scheduled payment nature, there is no more or less risk involved than a 24-month lease with the same general parameters except that it would be more expensive to pay monthly.
reply
AAutoBuyersGuide
So, one pay leases. The details vary from company to company, but GM considers 1-pay leases as a pre-payment of the monthly charge, not as an expanded downpayment. Check your lease docs for details, but on this lease, $6000 of the $6300 is the base scheduled payment and that payment is prorated on the same schedule as typical lease payments in the event of a total loss. So 1 year in, if it's a total loss, you could get refunded 1/2 of the amount ($3, 000) after your insurance pays out the value of the vehicle and GAP insurance (if applicable) pays the delta between that and what's owed. The result is that it's no different than a 24 month lease other than getting a considerably lower money factor and being sheltered from sales tax increases.
The main reason to do 1-pay leases is cost: you save money. How Because generally the money factor (interest in essence) is generally lower on 1-pay deals, you're not borrowing as much because you paid it up front, and there can be other offers applicable to 1-pay leases not offered on term leases. On this lease deal the savings for selecting 1-pay came out to $600, or about $25 a month. Because of the base scheduled payment nature, there is no more or less risk involved than a 24-month lease with the same general parameters except that it would be more expensive to pay monthly.
reply
So, one pay leases. The details vary from company to company, but GM considers 1-pay leases as a pre-payment of the monthly charge, not as an expanded downpayment. Check your lease docs for details, but on this lease, $6000 of the $6300 is the base scheduled payment and that payment is prorated on the same schedule as typical lease payments in the event of a total loss. So 1 year in, if it's a total loss, you could get refunded 1/2 of the amount ($3, 000) after your insurance pays out the value of the vehicle and GAP insurance (if applicable) pays the delta between that and what's owed. The result is that it's no different than a 24 month lease other than getting a considerably lower money factor and being sheltered from sales tax increases.
The main reason to do 1-pay leases is cost: you save money. How Because generally the money factor (interest in essence) is generally lower on 1-pay deals, you're not borrowing as much because you paid it up front, and there can be other offers applicable to 1-pay leases not offered on term leases. On this lease deal the savings for selecting 1-pay came out to $600, or about $25 a month. Because of the base scheduled payment nature, there is no more or less risk involved than a 24-month lease with the same general parameters except that it would be more expensive to pay monthly.
reply
JohnSmith-bt4lf
Very happy to see that it's possible to completely omit the moonroof without having to get the most basic no-frills model. I have a Kia EV6 like that - almost all the toys without having a moonroof forced on me.
Until now, almost every one of my previous cars came with a moonroof, because I had no choice if I also wanted the tech goodies. And I HATE those things with a burning passion. On three of my previous cars, they developed leaking problems in the rain even though I quite literally never opened them. Completely worthless feature that actively harms my car even though I don't touch it.
The only time I don't hate glass in the roof is when it doesn't have the ability to slide open (e. g. Teslas, Hyundai Ioniq 5, Toyota Venza, Rivians, because then I don't have to worry about leaking problems. I still prefer to have a solid metal roof with a headliner though.
reply
Very happy to see that it's possible to completely omit the moonroof without having to get the most basic no-frills model. I have a Kia EV6 like that - almost all the toys without having a moonroof forced on me.
Until now, almost every one of my previous cars came with a moonroof, because I had no choice if I also wanted the tech goodies. And I HATE those things with a burning passion. On three of my previous cars, they developed leaking problems in the rain even though I quite literally never opened them. Completely worthless feature that actively harms my car even though I don't touch it.
The only time I don't hate glass in the roof is when it doesn't have the ability to slide open (e. g. Teslas, Hyundai Ioniq 5, Toyota Venza, Rivians, because then I don't have to worry about leaking problems. I still prefer to have a solid metal roof with a headliner though.
reply
xinghuo2055
I have been using CarPlay/AA for 7 years. After taste them 7 years ago on a leased Honda Clarity, I upgraded head units for my old Odyssey and Prius to get CarPlay and AA. I found them so much better than using build in car infotainment system, especially about voice commands.
However, I don't think they are must have. Bought a Tesla in 2023. Missing CarPlay so much initially, but I gradually learned how to use built in system of Tesla. I think I can tolerate no CarPlay. Mainly because Tesla voice recognization is pretty good and navigation is also good.
My take away is that CarPlay is preferred but not must have.
reply
I have been using CarPlay/AA for 7 years. After taste them 7 years ago on a leased Honda Clarity, I upgraded head units for my old Odyssey and Prius to get CarPlay and AA. I found them so much better than using build in car infotainment system, especially about voice commands.
However, I don't think they are must have. Bought a Tesla in 2023. Missing CarPlay so much initially, but I gradually learned how to use built in system of Tesla. I think I can tolerate no CarPlay. Mainly because Tesla voice recognization is pretty good and navigation is also good.
My take away is that CarPlay is preferred but not must have.
reply
zero11010
I’ve never had car play. I had cars for decades with cassette and CD players (cars from 80s and 90s. Now cars have Bluetooth that automatically connects to my phone and gives track info.
What am I missing with CarPlay I’ve got directions on the screen. I’ve got music and music details.
What is it about CarPlay that makes it SO important that would be enough of a feature to buy a car for
It sounds like it would be a pretty minor upgrade. Mostly UI and aesthetic.
Would love opinions from people with CarPlay.
reply
I’ve never had car play. I had cars for decades with cassette and CD players (cars from 80s and 90s. Now cars have Bluetooth that automatically connects to my phone and gives track info.
What am I missing with CarPlay I’ve got directions on the screen. I’ve got music and music details.
What is it about CarPlay that makes it SO important that would be enough of a feature to buy a car for
It sounds like it would be a pretty minor upgrade. Mostly UI and aesthetic.
Would love opinions from people with CarPlay.
reply
mowcowbell
Watching that demo of the navigation system was almost laughably bad. On my Tesla Model Y, I press the right side scroll button, release and speak the name of the destination I desire. In a few seconds, I get directions to the destination along with charging stops, expected charging times, and arrival time. This is how navigation should work in all vehicles. No need for Android Auto or Apple CarPlay. And what is up with that crazy motorized charge door Looks like something that would easily get broken.
reply
Watching that demo of the navigation system was almost laughably bad. On my Tesla Model Y, I press the right side scroll button, release and speak the name of the destination I desire. In a few seconds, I get directions to the destination along with charging stops, expected charging times, and arrival time. This is how navigation should work in all vehicles. No need for Android Auto or Apple CarPlay. And what is up with that crazy motorized charge door Looks like something that would easily get broken.
reply
Dac54
The only part of the lease deal that I question is paying the tax on the lease up front as opposed to monthly. In the unfortunate event that something bad happens like an accident that totals the vehicle, a fire (which GM has had some issues with, or something akin to either of the aforementioned, you probably won't get back any of the tax fees that were paid. Having leased several vehicles in my lifetime, I never once paid sales tax up front for that reason.
reply
The only part of the lease deal that I question is paying the tax on the lease up front as opposed to monthly. In the unfortunate event that something bad happens like an accident that totals the vehicle, a fire (which GM has had some issues with, or something akin to either of the aforementioned, you probably won't get back any of the tax fees that were paid. Having leased several vehicles in my lifetime, I never once paid sales tax up front for that reason.
reply
james2042
The moment i heard 50, 000 dollars I immediately couldnt care less about the vehicle. For 50, 000 im buying a fully loaded gas blazer, 3 years of maintenance and fuel, and still having several thousand left over becsuse of how insanely expensive this thing is. Until the msrp of the ev's is within competing territory of gas counterparts again, theres 0 reason for any normal person to buy one. And if youre broke, leasing a car is never a good idea.
reply
The moment i heard 50, 000 dollars I immediately couldnt care less about the vehicle. For 50, 000 im buying a fully loaded gas blazer, 3 years of maintenance and fuel, and still having several thousand left over becsuse of how insanely expensive this thing is. Until the msrp of the ev's is within competing territory of gas counterparts again, theres 0 reason for any normal person to buy one. And if youre broke, leasing a car is never a good idea.
reply
desertmodern7638
I drove almost this exact car and loved it, but am not quite ready to make the leap. I'm glad the glass roof is not mandatory, especially after riding around Palm Springs in a friend's glass-roofed Lyriq, which even with the sun shade closed radiated heat into the interior. And the A/C in the Cadillac was somewhat ineffective in the back seat, anyway. Next year with the NACS charge port and decent deals, I may well end up in the Blazer.
reply
I drove almost this exact car and loved it, but am not quite ready to make the leap. I'm glad the glass roof is not mandatory, especially after riding around Palm Springs in a friend's glass-roofed Lyriq, which even with the sun shade closed radiated heat into the interior. And the A/C in the Cadillac was somewhat ineffective in the back seat, anyway. Next year with the NACS charge port and decent deals, I may well end up in the Blazer.
reply
LaBambaCL
14: 14 seems odd, why would a lower voltage pack 300V here, charge slower. assuming the charger is a 400V unit, unless it current limits the charge rate for lower voltage. that is quite misleading for the charging rate of this pack! smaller, lower voltage battery requires an extra high capacity charger to reach its stated charge rate. how, what ok you explained that the charger is current limited at the lower voltage, odd.
reply
14: 14 seems odd, why would a lower voltage pack 300V here, charge slower. assuming the charger is a 400V unit, unless it current limits the charge rate for lower voltage. that is quite misleading for the charging rate of this pack! smaller, lower voltage battery requires an extra high capacity charger to reach its stated charge rate. how, what ok you explained that the charger is current limited at the lower voltage, odd.
reply
Natethegreat200c
I’ve had a 2017 ford escape and happily went to TWO 2015 Chrysler 200’s (the ford escape had CarPlay, the 200 doesn’t) and I don’t mind at all. I can’t imagine needing car play that much to need a separate aftermarket screen for it. I actually don’t see the whole big deal about car play other than Waze. And cars have that built in now. So It’s pointless.
reply
I’ve had a 2017 ford escape and happily went to TWO 2015 Chrysler 200’s (the ford escape had CarPlay, the 200 doesn’t) and I don’t mind at all. I can’t imagine needing car play that much to need a separate aftermarket screen for it. I actually don’t see the whole big deal about car play other than Waze. And cars have that built in now. So It’s pointless.
reply
treads2595
The minute one of you car YT reviewers start moaning and groaning about the absence of a front trunk, I just tune out. From what I've seen, the majority of EV owners don't even use their frunk. More importantly, you have spent your entire driving life surviving without one. To all of a sudden be upset that your new car doesn't have it seems silly to me.
reply
The minute one of you car YT reviewers start moaning and groaning about the absence of a front trunk, I just tune out. From what I've seen, the majority of EV owners don't even use their frunk. More importantly, you have spent your entire driving life surviving without one. To all of a sudden be upset that your new car doesn't have it seems silly to me.
reply
user-xc2he3jo4s
One thing I've found that no one mentions is the tongue weight for tow hitches. Everybody talks about towing capacity, but I really need to know if I can put a big bike rack and e-bike on the back.
Nice review. The lease option looks interesting. This might be the thing to do if you are waiting for the next generation of batteries.
reply
One thing I've found that no one mentions is the tongue weight for tow hitches. Everybody talks about towing capacity, but I really need to know if I can put a big bike rack and e-bike on the back.
Nice review. The lease option looks interesting. This might be the thing to do if you are waiting for the next generation of batteries.
reply
stevekummer28
Hey Alex,
I just talked to a dealer about getting the exact same lease as you got (24 months, 10k miles/yr, one pay) on a base Blazer EV (MSRP $50, 195) and was quoted $12, 500. They had no clue how you were able to get this kind of deal. Tell us your secrets! You're still the best reviewer in the biz!
reply
Hey Alex,
I just talked to a dealer about getting the exact same lease as you got (24 months, 10k miles/yr, one pay) on a base Blazer EV (MSRP $50, 195) and was quoted $12, 500. They had no clue how you were able to get this kind of deal. Tell us your secrets! You're still the best reviewer in the biz!
reply
todddarnell7839
I am glad you got a Blazer EV. But I can’t do that because it doesn’t have Apple CarPlay. And I don’t think anyone else should either. Over the next few years we will figure out how to add a device that will put CarPlay back in the GM vehicles like it should already have.
reply
I am glad you got a Blazer EV. But I can’t do that because it doesn’t have Apple CarPlay. And I don’t think anyone else should either. Over the next few years we will figure out how to add a device that will put CarPlay back in the GM vehicles like it should already have.
reply
cjrciadt
Trying to match or beat this deal at my local chevy dealership here in rural CO. Will update tomorrow. They have the exact trim and color as this Alex.
Update #1: Me and wife drove it after work, loved it. They closed at 6pm so the number crunching will be on Friday.
reply
Trying to match or beat this deal at my local chevy dealership here in rural CO. Will update tomorrow. They have the exact trim and color as this Alex.
Update #1: Me and wife drove it after work, loved it. They closed at 6pm so the number crunching will be on Friday.
reply
jonathanrossen1117
Thanks for another great video. Do you have to be Alex to get that deal The Chevrolet website shows the Chevy Summer Drive lease for $369/month for 24 months with $3170 down and taxes title and registration extra. Quite a bit more than what you paid.
reply
Thanks for another great video. Do you have to be Alex to get that deal The Chevrolet website shows the Chevy Summer Drive lease for $369/month for 24 months with $3170 down and taxes title and registration extra. Quite a bit more than what you paid.
reply
sarkisseywaz2127
I can buy model y. With 3000 $. Down And $400 per month. Super technology. Long distance 335 miles. Case closed. I rather buy Tesla than buy from greedy gm that are in the business of ripping off customers case closed
reply
I can buy model y. With 3000 $. Down And $400 per month. Super technology. Long distance 335 miles. Case closed. I rather buy Tesla than buy from greedy gm that are in the business of ripping off customers case closed
reply
dtay8913
Very interested to see how this plays out. You're one of the few reviewers who rates reliability based on actual experience and not what others say. You've owned a Chrysler product (Durango, Ford product(F-150, and now a GM.
reply
Very interested to see how this plays out. You're one of the few reviewers who rates reliability based on actual experience and not what others say. You've owned a Chrysler product (Durango, Ford product(F-150, and now a GM.
reply
refrigeratoroven
Great video! I do hope you'll try to use the infotainment as GM intended (and avoid using the carplay device you added) so that your viewers can get a feel for what it's like to live with without any modifications.
reply
Great video! I do hope you'll try to use the infotainment as GM intended (and avoid using the carplay device you added) so that your viewers can get a feel for what it's like to live with without any modifications.
reply
Add a review, comment
Other channel videos
31:21
