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Chevrolet Traverse Lease Questions

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Comments

  • cpamancpaman Posts: 42
    thanks for the swift response
  • Stever@EdmundsStever@Edmunds YooperlandPosts: 38,958
    If you are a parent of young children (at least one under 12 years old) who owns a 2013-14 Chevy Traverse, a reporter would like for you to fill out a survey, due by December 13, 2013, for use in a print publication. Please email PR@edmunds.com no later than Wednesday, December 11, for a copy of the survey.
  • Can you please update the money factor, residual, and incentives for December on a 14 Traverse LTZ leased for 36 months at 15K miles/year? Thank you!
  • 2014 Traverse LTZ 36mo, 15K/yr lease
    1.75% MF and 58% residual
    $675 Lease cash

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • Hi. This forum is great. I am looking at leasing a 2014 1LT or LTZ for 36 months. Can you provide me the current residual and money factors for each model based on top tier credit. Ideally this would be a 10k or 12k lease. Also, is there any customer cash in additon to the $500 offer I just received from GM Financial.

  • alcinder22alcinder22 Posts: 2
    edited December 2013

    hi. Just to be clear...the 10k or 12k meant annual mileage allottment and this is for a Traverse based in Philadelphia PA Area. Thanks Again.

  • @alcinder22 said: Hi. This forum is great. I am looking at leasing a 2014 1LT or LTZ for 36 months. Can you provide me the current residual and money factors for each model based on top tier credit. Ideally this would be a 10k or 12k lease. Also, is there any customer cash in additon to the $500 offer I just received from GM Financial.

    36mo, 12K/yr lease

    1.75% MF and 60% residual

    $675 lease cash... .but, these are ALLY Bank numbers. If GM Financial is different, I don't have those numbers.

    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • sal623sal623 Posts: 2

    Hello,

    Can anyone tell me if this is a good deal for a 2014 Traverse 2LT AWD in NY area.

    Standard exterior color black leather hit the road package Rear Hitch Nav 7 passenger seating

    mrsp is 44300

    405 per month Taxes, first payment and dmv fees upfront, approx 2700 down. 10k a year, 39 month lease.

    Thanks.

  • sal623sal623 Posts: 2
    null
    Can anyone provide some info, thanks
  • I am in NYC. getting a 2014 Traverse LTZ

    I see that now on the chevy site the cash back has gone from $1000 to $1500 but now they don't make the lease calculator available.

    What is the FM and residual for 10k mile for 36 and for 39 months for Feb 2014?

    Thanks,

  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,890

    @bobjunga1 said: I am in NYC. getting a 2014 Traverse LTZ

    I see that now on the chevy site the cash back has gone from $1000 to $1500 but now they don't make the lease calculator available.

    What is the FM and residual for 10k mile for 36 and for 39 months for Feb 2014?

    Thanks,

    1.20% MF and 61% residual for 36mo, 10K/yr. $470 lease cash.

    59% residual for 39 months.

    Moderator - Prices Paid, Lease Questions, SUVs

  • bppitbullbppitbull Posts: 1

    I am looking for ally residual value on a 2012 traverse LS AWD with 43k miles at 27 months?

  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,890

    @bppitbull said: I am looking for ally residual value on a 2012 traverse LS AWD with 43k miles at 27 months?

    We don't have lease info for used cars.. too many variables. It's usually not cost effective to lease a used car..

    Moderator - Prices Paid, Lease Questions, SUVs

  • gdfaulknergdfaulkner Posts: 6

    What are the current residuals and MF for a 2014 Traverse LTZ AWD? 36 months, 10K or 12K miles...thanks!

  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,890

    @gdfaulkner said: What are the current residuals and MF for a 2014 Traverse LTZ AWD? 36 months, 10K or 12K miles...thanks!

    1.24% MF and 60% residual for 36om, 12K/yr. $470 lease cash

    Moderator - Prices Paid, Lease Questions, SUVs

  • plumbum27plumbum27 Posts: 3
    Current MF & residual for a 2014 LT FWD for 36 months at 15K per year.
    Thank you!
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,890

    @plumbum27 said: Current MF & residual for a 2014 LT FWD for 36 months at 15K per year. Thank you!

    1.24% MF and 58% residual. $470 lease cash

    Moderator - Prices Paid, Lease Questions, SUVs

  • rich210rich210 Posts: 2

    I just got a lease offer on 2014 traverse AWD 1LT. 36 months 12k miles. Two options: 1) $0 down and $489/month, or 2) $5000 down and $339/month, residual of $22,416. Are either of these any good? Thanks.

  • Michaell@EdmundsMichaell@Edmunds ColoradoPosts: 1,155

    @rich210 said: I just got a lease offer on 2014 traverse AWD 1LT. 36 months 12k miles. Two options: 1) $0 down and $489/month, or 2) $5000 down and $339/month, residual of $22,416. Are either of these any good? Thanks.

    Never a good idea to put money down on a lease - if the car is stolen or totaled in an accident, you are out that money.

    With that said, $5K works out to about $139/mo for 36 months, so that puts you at $478/mo if you skip the down payment.

    Can you provide the MSRP, selling price and money factor the dealer is using to get these numbers?

    michaell@edmunds.com

    Moderator, Prices Paid and Leasing Experiences

    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4

  • rich210rich210 Posts: 2

    Thanks for your response. Dealer has not been forthcoming with the information so I am looking for another dealer. I am new to leasing, so would you explain how the MF works? Thanks.

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