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Chevrolet Traverse Lease Questions

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  • Car Man
    Can you give me the money rate and residual for A LZ2 traverse 10,500 miles 24 months. I'm in NY. Also there is an offered 1000. buyer loyalty, 1300 lease incentive and I have 2000 points on my GM credit card. Can all these discounts be applied. Thanks, you guys do a great job.
  • Its an LT2 not LZ2 and it is FWD. Should have reread before posting.
  • aj1515aj1515 Posts: 1
    hi for the traverse lease LT2 AWD, 36 or 39 mos, 12k miles, can i have the residual and lease rate?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited March 2011
    I'd be happy to plus11. Ally's current base lease rate and residual value for a 24 month lease of a 2011 Chevrolet Traverse LT2 AWD with 10,500 miles per year are 1.15% and 51%, respectively.

    General Motors is currently providing a $1,450 cash incentive on 24 month leases of this truck through Ally. This cash, along with the GM Card points can be combined with your GM Card points.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi aj1515. Ally's current base lease rate and residual value for a 36 month lease of a 2011 Chevrolet Traverse LT2 AWD with 12,000 miles per year are 1.15% and 52%, respectively.

    The numbers for an otherwise identical 39 month lease are 1.15% and 50%.

    Car_man
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  • rman850rrman850r Posts: 14
    Carman,

    Do you have the current 24/27 month rates for the Traverse 1LT and LTZ AWD with 15k miles per year?

    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey rman850r. Ally's current base lease rate and residual value for a 24 month lease of a 2011 Chevrolet Traverse 1LT AWD with 15,000 miles per year are 0.15% and 59%, respectively.

    The lease rate for the LTZ AWD is the same, but the residual value is 58%.

    There is a $1,450 cash incentive right now on 24 month leases of this truck through Ally.

    Car_man
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  • Is that correct? 0.15% or is it 1.15%?
    thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi pcaldwell. They're both right. It's 0.15% for 24 months and 1.15% for 36 months.

    Car_man
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  • jnkohjnkoh Posts: 23
    Hi Car Man,

    Can you let me know what the residual and money factor is on the traverse 2lt awd for a 39 month lease and 12k miles per year? Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I'd be happy to jnkoh. Ally's current base lease rate and residual value for a 39 month lease of a 2011 Chevrolet Traverse 2LT AWD with 12,000 miles per year are 1.15% and 51%, respectively.

    When negotiating your deal, make sure to take advantage of the $1,300 cash incentive that is currently available on leases of this truck through Ally.

    Car_man
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  • tomaxtomax Posts: 5
    edited May 2011
    What are the current lease deals in NY on FWD Lt1 with 7 passenger seating for memorial day weekend? I see the 1.15 and 51% for 36 months above, but does that translate to the 39 month lease translate for $289/mo with $2,188 down deal?
  • andy2812andy2812 Posts: 67
    Hi Car Man,

    Can you please let me know what the residual and money factor is on the Traverse LS with AWD for a 36 month lease and 12k miles per year?

    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I certainly can andy2812. Ally's June base lease rate and residual value for a 36 month lease of a 2011 Chevrolet Traverse LS AWD with 12,000 miles per year are 1.15% and 54%, respectively.

    When negotiating your deal on this truck, make sure to take advantage of the $800 cash incentive that is currently available on 36 month leases of it through Ally.

    Car_man
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  • lilro33lilro33 Posts: 6
    Hi Car Man,

    Can you please give me the rates on 2011 Traverse 2LT AWD for 12,000 miles a year for 36 & 39 months?

    Thank you.
  • dstudboydstudboy Posts: 4
    Hi Car Man,

    Can you please give me the rates on a 2011 Traverse 1LT FWD for 15,000 miles for 36 months?

    Thanks
  • Where are you getting this info from? I talked to a dealer today and they told me residual was 45% for a 39 Month lease on an LT1 Traverse. And the lease rate was 2.35%. That is quite a bit of a difference from the above numbers. Are these rates available anywhere?

    Thank you!

    Vlad
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I'd be happy to lilro33. Ally's current base lease rate and residual value for a 36 month lease of a 2011 Chevrolet Traverse 2LT AWD with 12,000 miles per year are 1.15% and 48%, respectively.

    The numbers for an otherwise identical 39 month lease are 1.15% and 46%.

    General Motors is currently providing a $2,000 cash incentive on leases of this truck through Ally.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Dstudboy, Ally's June base lease rate and residual value for a 36 month lease of a 2011 Chevrolet Traverse 1LT FWD with 15,000 miles per year are 1.15% and 45%, respectively.

    GM is currently providing a $2,000 cash incentive on 36 month leases of this truck through Ally.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car Man,

    Can you please give me the rates on 2011 Traverse LS FWD for 10,000 miles a year for 36 & 39 months? Also, are there any incentives? What type of down payment and monthly payment are common?

    Thank you.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I certainly can joehagerman. Ally's August base lease rate and residual value for a 36 month lease of a 2011 Chevrolet Traverse LS FWD with 12,000 miles per year are 1.15% and 49%, respectively.

    General Motors is currently providing a $2,000 cash incentive on 36 month leases of this truck through Ally.

    If you provide me with this vehicle's MSRP and approximate selling price, or at least its MSRP and dealer invoice price, I would be happy to work up a payment on it for you.

    Car_man
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  • acctswacctsw Posts: 3
    edited August 2011
    New to this.

    2011 LT1 AWD. LOng island NY.
    MSRP 37160
    Payments: 448 for 39 months 15k miles
    Using the residual and rates of 45 and 1.15, this would bring the net cap cost of just above $33000.

    Is this a good deal, if not would should I expect to pay?
  • acctswacctsw Posts: 3
    Note taxes paid up front.
  • mixenmixen Posts: 11
    Car Man:

    For October (and perhaps November), can you tell me the residual for a 2012 2LT Traverse for 12,000 and 15,000 miles as well as the lease interest rate from Ally? Thanks.

    Also, do you know if these numbers are any different for the GMC Acadia?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited November 2011
    Here you go mixen. Ally's November base lease rate and residual value for a 36-month lease of a 2012 Chevrolet Traverse 2LT AWD with 15,000 miles per year are 1.1% and 47%, respectively.

    The residual value for a lease with only 12,000 miles per year would be 2% higher.

    The numbers for an otherwise identical lease of a 2012 GMC Acadia SLT2 AWD are 1.05% and 48%.

    GM is currently providing a $2,830 cash inventive on 36-month leases of the Traverse and $2,050 on leases of the '12 Acadia through Ally.

    Car_man
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  • Hi Car_man,

    Have the rates changed at all for December? Looking at a 36-month lease of a 2012 Chevrolet Traverse 2LT FWD with 15,000 miles per year.

    and is the $2,830 cash incentive still valid?

    Thanks so much!
  • Hi joshd1. Ally's December base lease rae and residual vale for a 36-month lease of a 2012 Chevrolet Traverse 2LT FWD with 15,000 miles per year are 1.1% and 46%, respectively.

    Yes, the $2,830 cash incentive on leases of this truck is still available.

    Car_man
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  • 7morsn7morsn Posts: 8
    Car_man
    Do have this months MF and Residual for a 36-month lease of a 2012 Chevrolet Traverse 2LT FWD 10000 miles?
    Are there any cash incentives?

    Thanks,
  • I certainly do 7morsn. Ally's January base lease rate and residual value for a 36-month lease of a 2012 Chevrolet Traverse 2LT FWD with 10,000 miles per year are 1.1% and 49%, respectively.

    General Motors is currently providing a $1,825 cash incentive on 36-month leases of this truck through Ally.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car_man
    Any idea abt the numbers for a 1LT, with MSRP 38413, incentives of 7825, add Tax + DMV. Quoting a tax of $2316 in MI (is this right?), Residual of $20,806
    24 mo, 10K, quote of $546 per mo, 0 down.
    Any help would be appreciated.
    Mas.
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