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38,515Car_manHost

Prices Paid: Buying & Leasing Experiences Forum

38,515The amount due at lease signing can vary from bank to bank as well.

I believe that GMAC leases do include gap insurance.

Many banks allow consumers to extend their leases past their scheduled end dates at the same payment. I've done this a couple of times in the past with different banks.

Car_manHost

Prices Paid: Buying & Leasing Experiences Forum

90Do you have the current lease rate, residual and CCR for the 2010 Chevrolet Traverse LTZ AWD and FWD for 36 months and 12k miles per year?

Thanks!

38,515GMAC's current base lease rate and residual value for a 36 month lease of a 2010 Chevrolet Traverse LTZ AWD with 12,000 miles per year are 1.0% and 49%, respectively.

The lease rate for an otherwise identical lease of a '10 Traverse LTZ FWD is the same, but its residual value is 2% lower.

When negotiating your deal on this truck, make sure to take advantage of the $1,920 cash incentive that General Motors is providing on leases of it through GMAC.

Car_manHost

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3Thank you very much for your priceless info!

Could you please provide May lease rate and residual% for 36 (or 39) month lease w/15k miles on a Traverse LT1 FWD?

Any lease incentives in May?

My current lease is up, and I need to pick up a new one this coming weekend...

Thank you!

338,515The numbers for an otherwise identical 39 month lease are 1.55% and 40%.

When negotiating your deal on this truck, make sure to take advantage of the $2,600 cash incentive that is currently available on leases of it.

Car_manHost

Prices Paid: Buying & Leasing Experiences Forum

1i'm sure you're getting tired of this, but i'm looking to confirm the 36-month and 39-month lease rates/residuals/cap cost red. for a 4wd LTZ traverse (12k and 15k.) i've been negotiating with two places, and am getting conflicting information - i just can't seem to get to a comfortable degree of transparency with these guys. i also would appreciate it if you could let me know when these lease rates are set to expire.

thanks in advance!

38,515GMAC's June base lease rate and residual value for a 36 month lease of a 2010 Chevrolet Traverse LTZ 4WD with 15,000 miles per year are 1.55% and 46%, respectively.

The numbers for an otherwise identical 39 month lease are 1.55% and 44%.

If you were to lease this truck with only 12,000 miles per year, its residual values would be 2% higher.

When negotiating your deal on this vehicle, make sure to take the $2,600 cash incentive that is available on leases of it through GMAC into account.

These programs are scheduled to run through June 30th.

Car_manHost

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89Thanks

892138,515The numbers for an otherwise identical 39 month lease are 1.55% and 42%.

The lease rate for the '10 Traverse LT2 AWD is exactly the same, but its residual values are 2% higher.

The $2,600 cash incentive is indeed still available on leases of this truck through GMAC.

Car_manHost

Prices Paid: Buying & Leasing Experiences Forum

11I am interested in leasing a 2010 LT2 FWD Traverse for 36 months with 15k/year.

Do you know GMAC's current money factor and residual rates for a 36 month lease?

Additionally, what, if any, current incentives is GM providing for leases of this vehicle?

Thank you!

38,515Through July 6th, General Motors' 36 month base lease rate and residual value for a 36 month lease of a 2010 Chevrolet Traverse FWD LT2 with 15,000 miles per year are 1.55% and 42%, respectively.

As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its lease rates into approximate money factor equivalents by dividing hem by 2400.

When negotiating your deal on this truck, make sure to take advantage of the $2,600 cash incentive that is currently available on leases of it through GMAC.

Car_manHost

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40Don't know how you do it, but I need a little of your magic info.

I'm looking to lease either a '10 or '11 Traverse 2LT or LTZ with 12k/year for 36 mo (or whichever lease term happens to have the best deal). Can you tell me the current int rate (I hear GMAC states their money factors as a rate - no prob...I can convert to a money factor) and residual values?

Also are their any incentives offered right now? I can wait until Aug if incentives dried up this month. This will be my 1st Chevy.

Thanks for your help.

FitzRam

38,515GMAC's July base lease rate and residual value for a 36 month lease of a 2010 Chevrolet Traverse 2LT AWD with 15,000 miles per year are 1.9% and 42%, respectively. The lease rate for the '10 Traverse LTZ AWD is the same, but its residual value for this term is 2% higher.

The numbers for an otherwise identical lease of an '11 Traverse 2LT AWD is 3.0% and 48%. The numbers for an '11 Traverse LTZ AWD are 3.0% and 3.0% and 49%.

When negotiating your deal, make sure to take the $3,100 cash incentive that is currently available on leases of the 2010 Traverse through GMAC and $800 that is currently available on leases of the '11 Traverse through GMAC into account.

Car_manHost

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138,515According to my calculations, if you were to lease a 2010 Chevrolet Traverse 1LT AWD (this truck's lease program varies by trim level...let me know if you want something different) that has an MSRP of $30,099 and a selling price of $25,827 through GMAC right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $373.

Car_manHost

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3I just left the Chevy dealer in my town (New Jersey) and the wife and I are very interested in the 2011 2LT AWD. (Please note I am not sure if its a 1LT or 2LT)They offered us a 48th month lease at $459 a month. I did not take the deal btw.

Compared with the numbers you are talking about in this forum do I have sucker written on my face? lol.

Many thanks in advance for your input.

3141I have been offered $435 before tax on a 2010 LS FWD Travserse 36 mnths 12,000 miles (zero down, zero due at signing). Appears to be offering $29,909 as the cap cost and 1.5% "Money Factor" and 52% on residual. They made no mention of current offers. I have asked for the spec sheet and MSRP, but I feel the number should be the other side of $400 per mnth.

Can you help me?

Thanks

DataMiner

111) Where is the rear view camera? Is it in the rear view mirror or in the dashboard. We are looking at leasing an 1LT.

2) We went to the dealer today (in NJ), he offered us a 1LT, All-Wheel-Drive, with a rear view camera option, at $459/month on a 36 month lease. We want to may under $400. What is a reasonable 36-month lease, "sign and drive" with absolutely ZERO down (except paying the first month at signing)???

Thank you

38,515You definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.

It is difficult to evaluate the deal that you posted because you never mentioned this truck's selling price or MSRP. Let us know what these numbers are and I'm sure that either myself or another knowledgeable community member will gladly let you know what they think.

Car_manHost

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38,515Through September 7th, GMAC's base lease rate and residual value for a 39 month lease of a 2011 Chevrolet Traverse 1LT AWD with 12,000 miles per year are 2.15% and 49%, respectively.

The numbers for an otherwise identical 48 month lease are 3.7% and 45%.

Car_manHost

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38,515It's fantastic that you know this vehicle's capitalized cost. That is the most important number to find out when negotiating a lease. However, it is much easier to evaluate if one knows the vehicle's MSRP as well. This enables one to see how large a dealer discount is being given. Do you know the MSRP?

It sounds as though the dealer that you are working with is running your lease through US Bank instead of through GMAC. US Bank's base lease rate for a 36 month lease of a 2010 Traverse is 1.08%.

Car_manHost

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38,515Keep in mind that GM's programs are only scheduled to run through 9/7. It will introduce new September programs on the 8th.

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