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2017 Traverse Lease

chirktmanchirktman Member Posts: 2
edited July 2017 in Chevrolet
Hello - looking for the MF and residual for a 2017 Chevy Traverse LT w/ 2LT. Located in Illinois. MSRP $42730 with a sale price of $34,010 Thank you!

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    chirktmanchirktman Member Posts: 2
    Sorry ....36 or 39 months. 12k/year 
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    kyfdxkyfdx Moderator Posts: 238,939
    chirktman said:

    Hello - looking for the MF and residual for a 2017 Chevy Traverse LT w/ 2LT. Located in Illinois.

    MSRP $42730 with a sale price of $34,010

    Thank you!

    chirktman said:

    Sorry ....36 or 39 months. 12k/year 

    .00081 MF and 55%/53% residual for 36/39 months.
    $750 lease cash

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    vahid2003khvahid2003kh Member Posts: 19
    I am looking for MF/RV and rebates for the following leasing options:

    Zip Code: 52246

    1 - 2017 Chevrolet Travers FWD LS 24/12K
    2 - 2017 Chevrolet Travers FWD LS 36/12K
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    kyfdxkyfdx Moderator Posts: 238,939

    I am looking for MF/RV and rebates for the following leasing options:

    Zip Code: 52246

    1 - 2017 Chevrolet Travers FWD LS 24/12K
    2 - 2017 Chevrolet Travers FWD LS 36/12K

    .00040 MF and 63% residual
    .00089 MF and 57% residual

    $500 lease cash

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    souxsmoothsouxsmooth Member Posts: 6
    I am looking for MF/RV and rebates for the following leasing options:

    Zip Code: 92109

    1 - 2017 Chevrolet Travers FWD LS 24/15K
    2 - 2017 Chevrolet Travers FWD LS 36/15K
    3 - 2017 Chevrolet Travers FWD LT 24/15K
    4 - 2017 Chevrolet Travers FWD LT 36/15K
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    MichaellMichaell Moderator Posts: 242,691

    I am looking for MF/RV and rebates for the following leasing options:

    Zip Code: 92109

    1 - 2017 Chevrolet Travers FWD LS 24/15K
    2 - 2017 Chevrolet Travers FWD LS 36/15K
    3 - 2017 Chevrolet Travers FWD LT 24/15K
    4 - 2017 Chevrolet Travers FWD LT 36/15K

    24/15 - .00040 and 62%
    36/15 - .00089 and 55%
    Both trims
    $500 lease cash

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    MontysboxMontysbox Member Posts: 29
    Can you provide MF and residual for 36/15 and 39/15 for zip 22207 Arlington Virginia for Traverse FWD 2LT 


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    MichaellMichaell Moderator Posts: 242,691
    Montysbox said:

    Can you provide MF and residual for 36/15 and 39/15 for zip 22207 Arlington Virginia for Traverse FWD 2LT 


    .00089 and 53% / 51%; $500 lease cash

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    MontysboxMontysbox Member Posts: 29
    edited October 2017
    Michaell - I may be able to do same car in 2017 model.  Could you provide numbers for those too? Many thank sir.
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    MichaellMichaell Moderator Posts: 242,691
    Montysbox said:

    Michaell - I may be able to do same car in 2017 model.  Could you provide numbers for those too? Many thank sir.

    This is the 2017 thread - those are the numbers I provided

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    MontysboxMontysbox Member Posts: 29
    Hello - got the following offer on a 2017 2LT:

    Msrp 41890
    Selling price 32741
    Net cap cost 36489.93
    Rebate    6250
    Residual. 51 percent
    39 months 15 k
    Payments. 439
    Money factor .00089

    Thoughts?
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    MichaellMichaell Moderator Posts: 242,691
    Montysbox said:

    Hello - got the following offer on a 2017 2LT:

    Msrp 41890
    Selling price 32741
    Net cap cost 36489.93
    Rebate    6250
    Residual. 51 percent
    39 months 15 k
    Payments. 439
    Money factor .00089

    Thoughts?

    I agree with the math. If you're comfortable with the selling price, and there aren't any junk fees added into the $4K to get to the net cap cost, then all looks good.

    How much is the dealer asking for at signing?

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    MontysboxMontysbox Member Posts: 29
    Tax 1491
    Tags 113
    Freight 925
    Processing 654
    Acquisition 595
    First payment due at signing 439
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    jpd1979jpd1979 Member Posts: 143
    Montysbox said:

    Hello - got the following offer on a 2017 2LT:

    Msrp 41890
    Selling price 32741
    Net cap cost 36489.93
    Rebate    6250
    Residual. 51 percent
    39 months 15 k
    Payments. 439
    Money factor .00089

    Thoughts?

    Any reason in particular why you are looking for 39 months vs 24 or 36? The money factor and residual for 24 months is excellent right now compared to the 36 and 39 month offers. I wish I could find a 2LT around me for a selling price like that. I was quoted 33990 on a 1LT with an MSRP of 36990. Plus it was a LOANER lol. Rest of the numbers didnt seem to add up either:

    MSRP: 36990
    Selling Price 33990
    Rebates: 6250
    Residual: 62%
    Money Factor 0.00040
    24 Months, 15K
    1000 cash down
    595 Acquisition Fee
    434.40 DMV Fee
    962.90 Taxes
    399 Doc Fee

    Comes to 355.07 according to them, but I cannot replicate that with the Edmunds calculator using their terms.I got $222.00 monthly using the 1000 cash down, and $266.00 monthly without it. Am I missing something here?
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    MichaellMichaell Moderator Posts: 242,691
    Montysbox said:

    Tax 1491
    Tags 113
    Freight 925
    Processing 654
    Acquisition 595
    First payment due at signing 439

    Freight is part of the MSRP - you shouldn't have to pay that separately.

    I'd suggest you add the tax, processing fee and acquisition fee into the cap cost - you'll end up with a higher payment, but you won't risk losing that up front cash if the car is stolen or totaled.

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    MichaellMichaell Moderator Posts: 242,691
    jpd1979 said:

    Montysbox said:

    Hello - got the following offer on a 2017 2LT:

    Msrp 41890
    Selling price 32741
    Net cap cost 36489.93
    Rebate    6250
    Residual. 51 percent
    39 months 15 k
    Payments. 439
    Money factor .00089

    Thoughts?

    Any reason in particular why you are looking for 39 months vs 24 or 36? The money factor and residual for 24 months is excellent right now compared to the 36 and 39 month offers. I wish I could find a 2LT around me for a selling price like that. I was quoted 33990 on a 1LT with an MSRP of 36990. Plus it was a LOANER lol. Rest of the numbers didnt seem to add up either:

    MSRP: 36990
    Selling Price 33990
    Rebates: 6250
    Residual: 62%
    Money Factor 0.00040
    24 Months, 15K
    1000 cash down
    595 Acquisition Fee
    434.40 DMV Fee
    962.90 Taxes
    399 Doc Fee

    Comes to 355.07 according to them, but I cannot replicate that with the Edmunds calculator using their terms.I got $222.00 monthly using the 1000 cash down, and $266.00 monthly without it. Am I missing something here?
    Ask the dealer for the adjusted cap cost, and make sure you understand how they got to that number from the selling price.

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    jpd1979jpd1979 Member Posts: 143
    It should be The Selling price, minus the rebates and cash down (If any), correct?
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    MichaellMichaell Moderator Posts: 242,691
    jpd1979 said:

    It should be The Selling price, minus the rebates and cash down (If any), correct?

    Plus any taxes or fees you are not paying up front.

    Edmunds Price Checker
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    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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