2018 Chevrolet Traverse Lease Deals and Prices

MichaellMichaell ColoradoModerator Posts: 196,681
edited September 2017 in Chevrolet
Ask your 2018 Traverse lease questions here! Get info about prices, money factor, deals, incentives, and payments.

Check out the 2018 Chevrolet Traverse here.

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Comments

  • ebdebdebdebd Member Posts: 23
    Hello,
    I was wondering if you received the MF and residual for the 2018 Traverse LT? I am looking for numbers for 24/36/39 month lease with 12,000 miles per year. Thanks in advance.
  • MichaellMichaell ColoradoModerator Posts: 196,681
    ebdebd said:

    Hello,
    I was wondering if you received the MF and residual for the 2018 Traverse LT? I am looking for numbers for 24/36/39 month lease with 12,000 miles per year. Thanks in advance.

    The programs issued in July are still in effect; there were no 2018 Traverse numbers included.

    Doesn't mean that GM won't update the programs in August; we just haven't seen that information yet.

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  • lsughostlsughost Member Posts: 18
    Is there any information out on the 2018 Traverse yet?  I got an offer from a dealer with a 58% residual on 36/12 but that seems low for a new model and is surprisingly close to a 2017. I'm thinking they are using 2017 data. MF appears to be around 0.00115 which also seems high compared to acadia.
  • MichaellMichaell ColoradoModerator Posts: 196,681
    lsughost said:

    Is there any information out on the 2018 Traverse yet?  I got an offer from a dealer with a 58% residual on 36/12 but that seems low for a new model and is surprisingly close to a 2017. I'm thinking they are using 2017 data. MF appears to be around 0.00115 which also seems high compared to acadia.

    No 2018 Traverse numbers, this month.

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  • mflocr74mflocr74 Member Posts: 10
    Hello Michaell -


    Any numbers on new Chevy 2018 Traverse? MF and RV for Premiere and Highcountry 39 months 12k miles and or 10k miles. I'm getting prepared to lease another car as my current GMC Acadia lease is expiring 11/16/2017. Do you expect RV to be high for the new redesigned model? Also, I keep getting contacted for "pull ahead" program offers. Is it generally better to ride out the lease?



    Thank you!!!
  • kyfdxkyfdx Moderator Posts: 201,024
    mflocr74 said:

    Hello Michaell -


    Any numbers on new Chevy 2018 Traverse? MF and RV for Premiere and Highcountry 39 months 12k miles and or 10k miles. I'm getting prepared to lease another car as my current GMC Acadia lease is expiring 11/16/2017. Do you expect RV to be high for the new redesigned model? Also, I keep getting contacted for "pull ahead" program offers. Is it generally better to ride out the lease?



    Thank you!!!

    .00055 MF and 51% residual for 39/12.

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  • lsughostlsughost Member Posts: 18



    Thank you!!!

    .00055 MF and 51% residual for 39/12.



    Does this mean you guys have numbers on 2018 Traverses now? If so, can you please provide MF, Residual, and lease cash for a 2018 LTC - FWD - 36/12 in New Orleans?
  • MichaellMichaell ColoradoModerator Posts: 196,681
    lsughost said:




    Thank you!!!

    .00055 MF and 51% residual for 39/12.



    Does this mean you guys have numbers on 2018 Traverses now? If so, can you please provide MF, Residual, and lease cash for a 2018 LTC - FWD - 36/12 in New Orleans?

    .00055 and 58%

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  • richmuschrichmusch Member Posts: 35
    Can I get the following, 36/39/48 Premier AWD in Ohio, 15k miles.
  • kyfdxkyfdx Moderator Posts: 201,024

    Can I get the following, 36/39/48 Premier AWD in Ohio, 15k miles.

    .00055 MF and 52% residual
    .00055 MF and 49% residual
    .00085 MF and 44% residual

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  • hagan16hagan16 Member Posts: 34
    Hi, I'm looking for the MF and Residual on the 2018 Traverse LT and LZ AWD, 39/10 in southern NJ..thanks
  • mkleasemklease Member Posts: 4
    edited August 2017
    Looking for

    36/10K for AWD Premier and AWD High Country in NY.

    Thanks
  • MichaellMichaell ColoradoModerator Posts: 196,681
    mklease said:

    Looking for

    36/10K for AWD Premier and AWD High Country in NY.

    Thanks

    .00055 and 55% for both

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  • MichaellMichaell ColoradoModerator Posts: 196,681
    hagan16 said:

    Hi, I'm looking for the MF and Residual on the 2018 Traverse LT and LZ AWD, 39/10 in southern NJ..thanks

    .00055 and 57% (LT) or 52% (LT)

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  • laubsterlaubster Member Posts: 2
    what are the residual and MF on an AWD Premier 24/15 and 24/12 in Detroit?
  • kyfdxkyfdx Moderator Posts: 201,024
    laubster said:

    what are the residual and MF on an AWD Premier 24/15 and 24/12 in Detroit?

    .00080 MF and 61%/62% residual

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  • mflocr74mflocr74 Member Posts: 10
    Just got quoted by dealer in NJ .....2018 Traverse AWD Premiere lease 39 months 12k miles $2k cash down....$49400 MSRP $599 a month....Any thoughts?
  • MichaellMichaell ColoradoModerator Posts: 196,681
    mflocr74 said:

    Just got quoted by dealer in NJ .....2018 Traverse AWD Premiere lease 39 months 12k miles $2k cash down....$49400 MSRP $599 a month....Any thoughts?

    .00055 and 51%

    What is the selling price or adjusted cap cost?

    What does the $2000 cover?

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  • mflocr74mflocr74 Member Posts: 10
    Michaell said:

    mflocr74 said:

    Just got quoted by dealer in NJ .....2018 Traverse AWD Premiere lease 39 months 12k miles $2k cash down....$49400 MSRP $599 a month....Any thoughts?

    .00055 and 51%

    What is the selling price or adjusted cap cost?

    What does the $2000 cover?
    Didn't get the Net Cap Cost but salesmen said $2k was cash due at signing and $599 was monthly payment with taxes included. The dealer did mention the car to new that they are using last years model RV's as a baseline
  • mflocr74mflocr74 Member Posts: 10
    Michaell said:

    hagan16 said:

    Hi, I'm looking for the MF and Residual on the 2018 Traverse LT and LZ AWD, 39/10 in southern NJ..thanks

    .00055 and 57% (LT) or 52% (LT)
    In general would the higher line LZ (Premier) have a lower RV then LT and why so? Is that the case for most car maker models?
  • MichaellMichaell ColoradoModerator Posts: 196,681
    mflocr74 said:

    Michaell said:

    mflocr74 said:

    Just got quoted by dealer in NJ .....2018 Traverse AWD Premiere lease 39 months 12k miles $2k cash down....$49400 MSRP $599 a month....Any thoughts?

    .00055 and 51%

    What is the selling price or adjusted cap cost?

    What does the $2000 cover?
    Didn't get the Net Cap Cost but salesmen said $2k was cash due at signing and $599 was monthly payment with taxes included. The dealer did mention the car to new that they are using last years model RV's as a baseline
    Hard to evaluate without all the details - if they continue to be evasive, it may be time to find another dealer.

    The residual is established by the bank and the dealer cannot alter it.


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  • MichaellMichaell ColoradoModerator Posts: 196,681
    mflocr74 said:

    Michaell said:

    hagan16 said:

    Hi, I'm looking for the MF and Residual on the 2018 Traverse LT and LZ AWD, 39/10 in southern NJ..thanks

    .00055 and 57% (LT) or 52% (LT)
    In general would the higher line LZ (Premier) have a lower RV then LT and why so? Is that the case for most car maker models?
    Yes, higher trim levels generally have lower residuals - the tech on those trims tend to become obsolete quicker.

    Not true for all makes, but most.

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  • mflocr74mflocr74 Member Posts: 10
    Hello -


    2018 3LT AWD NJ 07712

    MSRP - $46,070

    Selling Price/Cap Cost - $44,687

    Net Cap - ?

    Term - 36 months 12K miles

    RV - 59%

    MF - .00055

    Payment w/ taxes $495

    $2k Out of pocket (However the Itemized doesn't add up)

    $500 Cap Reduction Money Down
    $495 1st Payment
    $395 Doc Fee ( Garbage Fee)
    $7.50 Tire and Tax
    $8.95 DMV Access Fee
    $329 Plates

    Thoughts please?
  • kyfdxkyfdx Moderator Posts: 201,024
    mflocr74 said:

    Hello -


    2018 3LT AWD NJ 07712

    MSRP - $46,070

    Selling Price/Cap Cost - $44,687

    Net Cap - ?

    Term - 36 months 12K miles

    RV - 59%

    MF - .00055

    Payment w/ taxes $495

    $2k Out of pocket (However the Itemized doesn't add up)

    $500 Cap Reduction Money Down
    $495 1st Payment
    $395 Doc Fee ( Garbage Fee)
    $7.50 Tire and Tax
    $8.95 DMV Access Fee
    $329 Plates

    Thoughts please?

    I confirm .00055 MF and 59% residual

    I get $526/mo. with that sale price.
    Don't see the acquisition fee in there anywhere.
    Maybe that's not the selling price, but the adjusted CAP cost?

    Either way, it's off. Need to find out the actual selling price and adjusted CAP cost.
    Payment is actually less than the numbers show.

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  • mflocr74mflocr74 Member Posts: 10
    kyfdx said:

    mflocr74 said:

    Hello -


    2018 3LT AWD NJ 07712

    MSRP - $46,070

    Selling Price/Cap Cost - $44,687

    Net Cap - ?

    Term - 36 months 12K miles

    RV - 59%

    MF - .00055

    Payment w/ taxes $495

    $2k Out of pocket (However the Itemized doesn't add up)

    $500 Cap Reduction Money Down
    $495 1st Payment
    $395 Doc Fee ( Garbage Fee)
    $7.50 Tire and Tax
    $8.95 DMV Access Fee
    $329 Plates

    Thoughts please?

    I confirm .00055 MF and 59% residual

    I get $526/mo. with that sale price.
    Don't see the acquisition fee in there anywhere.
    Maybe that's not the selling price, but the adjusted CAP cost?

    Either way, it's off. Need to find out the actual selling price and adjusted CAP cost.
    Payment is actually less than the numbers show.
    UPDATE

    Of course when I went back to dealer the monthly payment now changed to $507.83 (which includes taxes) because finance manager who has been around for 30 yrs made an "error".

    Selling Price of $44,697

    Net Cap Cost - $44,052

    Acquisition fee - $595

    Cash Cap Reduction down of $723.45 + Inception Fees previously stated

    Thoughts?

  • kyfdxkyfdx Moderator Posts: 201,024
    mflocr74 said:

    kyfdx said:

    mflocr74 said:

    Hello -


    2018 3LT AWD NJ 07712

    MSRP - $46,070

    Selling Price/Cap Cost - $44,687

    Net Cap - ?

    Term - 36 months 12K miles

    RV - 59%

    MF - .00055

    Payment w/ taxes $495

    $2k Out of pocket (However the Itemized doesn't add up)

    $500 Cap Reduction Money Down
    $495 1st Payment
    $395 Doc Fee ( Garbage Fee)
    $7.50 Tire and Tax
    $8.95 DMV Access Fee
    $329 Plates

    Thoughts please?

    I confirm .00055 MF and 59% residual

    I get $526/mo. with that sale price.
    Don't see the acquisition fee in there anywhere.
    Maybe that's not the selling price, but the adjusted CAP cost?

    Either way, it's off. Need to find out the actual selling price and adjusted CAP cost.
    Payment is actually less than the numbers show.
    UPDATE

    Of course when I went back to dealer the monthly payment now changed to $507.83 (which includes taxes) because finance manager who has been around for 30 yrs made an "error".

    Selling Price of $44,697

    Net Cap Cost - $44,052

    Acquisition fee - $595

    Cash Cap Reduction down of $723.45 + Inception Fees previously stated

    Thoughts?

    So.. $44052 isn't the net cap, but $44052 minus $723.45?
    If so, I get $487/mo.+tax.

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  • mflocr74mflocr74 Member Posts: 10
    kyfdx said:

    mflocr74 said:

    kyfdx said:

    mflocr74 said:

    Hello -


    2018 3LT AWD NJ 07712

    MSRP - $46,070

    Selling Price/Cap Cost - $44,687

    Net Cap - ?

    Term - 36 months 12K miles

    RV - 59%

    MF - .00055

    Payment w/ taxes $495

    $2k Out of pocket (However the Itemized doesn't add up)

    $500 Cap Reduction Money Down
    $495 1st Payment
    $395 Doc Fee ( Garbage Fee)
    $7.50 Tire and Tax
    $8.95 DMV Access Fee
    $329 Plates

    Thoughts please?

    I confirm .00055 MF and 59% residual

    I get $526/mo. with that sale price.
    Don't see the acquisition fee in there anywhere.
    Maybe that's not the selling price, but the adjusted CAP cost?

    Either way, it's off. Need to find out the actual selling price and adjusted CAP cost.
    Payment is actually less than the numbers show.
    UPDATE

    Of course when I went back to dealer the monthly payment now changed to $507.83 (which includes taxes) because finance manager who has been around for 30 yrs made an "error".

    Selling Price of $44,697

    Net Cap Cost - $44,052

    Acquisition fee - $595

    Cash Cap Reduction down of $723.45 + Inception Fees previously stated

    Thoughts?

    So.. $44052 isn't the net cap, but $44052 minus $723.45?
    If so, I get $487/mo.+tax.
    Correct. $44052 - $723.45 + NJ Tax (6.875%) ?
  • kyfdxkyfdx Moderator Posts: 201,024
    mflocr74 said:

    kyfdx said:

    mflocr74 said:

    kyfdx said:

    mflocr74 said:

    Hello -


    2018 3LT AWD NJ 07712

    MSRP - $46,070

    Selling Price/Cap Cost - $44,687

    Net Cap - ?

    Term - 36 months 12K miles

    RV - 59%

    MF - .00055

    Payment w/ taxes $495

    $2k Out of pocket (However the Itemized doesn't add up)

    $500 Cap Reduction Money Down
    $495 1st Payment
    $395 Doc Fee ( Garbage Fee)
    $7.50 Tire and Tax
    $8.95 DMV Access Fee
    $329 Plates

    Thoughts please?

    I confirm .00055 MF and 59% residual

    I get $526/mo. with that sale price.
    Don't see the acquisition fee in there anywhere.
    Maybe that's not the selling price, but the adjusted CAP cost?

    Either way, it's off. Need to find out the actual selling price and adjusted CAP cost.
    Payment is actually less than the numbers show.
    UPDATE

    Of course when I went back to dealer the monthly payment now changed to $507.83 (which includes taxes) because finance manager who has been around for 30 yrs made an "error".

    Selling Price of $44,697

    Net Cap Cost - $44,052

    Acquisition fee - $595

    Cash Cap Reduction down of $723.45 + Inception Fees previously stated

    Thoughts?

    So.. $44052 isn't the net cap, but $44052 minus $723.45?
    If so, I get $487/mo.+tax.
    Correct. $44052 - $723.45 + NJ Tax (6.875%) ?
    Yes.. pretty close. NJ taxes depreciation and collects it upfront, so not sure of the exact tax number.

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  • sdhinton255sdhinton255 Member Posts: 1
    MF and residual for 2018 Traverse 3lt FWD in Atlanta Georgia. 36/12

    thanks in advance!
  • MichaellMichaell ColoradoModerator Posts: 196,681

    MF and residual for 2018 Traverse 3lt FWD in Atlanta Georgia. 36/12

    thanks in advance!

    .00055 and 58%

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  • jspang20jspang20 Member Posts: 4
    morning. Do you have MF and residual for 2018 Traverse Premier FWD in Los Angeles? 36/12
  • MichaellMichaell ColoradoModerator Posts: 196,681
    jspang20 said:

    morning. Do you have MF and residual for 2018 Traverse Premier FWD in Los Angeles? 36/12

    .00055 and 54%

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  • marierosellimarieroselli Member Posts: 4
    Do you have MF and residual for 2018 Traverse Premier AWD in NJ? Or LT. 36 months 15,000 miles. Also 12,000 miles
  • MichaellMichaell ColoradoModerator Posts: 196,681

    Do you have MF and residual for 2018 Traverse Premier AWD in NJ? Or LT. 36 months 15,000 miles. Also 12,000 miles

    .00055 and 52% / 54%

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  • skilskil Member Posts: 13
    edited September 2017
    Hello. Could you please provide the MF and RV for a 2018 Traverse AWD Premier with 15,000 miles for 36 or 24 months in MI?

    Do you get information about monthly rebates and promotions from GM/Chevy for the Traverse? If so, do you know what deals are coming up in September?

    Thanks!
  • MichaellMichaell ColoradoModerator Posts: 196,681
    skil said:

    Hello. Could you please provide the MF and RV for a 2018 Traverse AWD Premier with 15,000 miles for 36 or 24 months in MI?

    Do you get information about monthly rebates and promotions from GM/Chevy for the Traverse? If so, do you know what deals are coming up in September?

    Thanks!

    24/15 - .00080 and 61%
    36/15 - .00055 and 52%

    Our sources are confidential. :wink:

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  • a2dajcalia2dajcali Member Posts: 2
    Hello,

    Can you provide the MF and RV for 2018 Chevy Traverse Premier FWD in Los Angeles/ Orange County for both 24/15k and 36/15k?

    Thank you much in advance!
  • a2dajcalia2dajcali Member Posts: 2
    Hello,
    Can you please provide the MF and RV on a 2018 Chevy Traverse Premiser FWD in Los Angeles/ Orange County for 24/15k and 36/15k?

    Thank you much in advance!
  • MichaellMichaell ColoradoModerator Posts: 196,681
    a2dajcali said:

    Hello,

    Can you provide the MF and RV for 2018 Chevy Traverse Premier FWD in Los Angeles/ Orange County for both 24/15k and 36/15k?

    Thank you much in advance!

    24/15 - .00080 and 61%
    36/15 - .00055 and 52%

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  • richmuschrichmusch Member Posts: 35
    Any updates for September for the better or worse? 36/39/48 Premier AWD in Ohio, 15k miles. Any lease cash?
  • MichaellMichaell ColoradoModerator Posts: 196,681

    Any updates for September for the better or worse? 36/39/48 Premier AWD in Ohio, 15k miles. Any lease cash?

    .00055 and 52% (36/15) or 49% (39/15)
    .00085 and 44% (48/15)
    No lease cash

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  • iahawk20iahawk20 Member Posts: 1
    Can you provide the MF and RV for 2018 Chevy Traverse Premier AWD in Iowa for both 24/15k and 36/15k?
  • MichaellMichaell ColoradoModerator Posts: 196,681
    iahawk20 said:

    Can you provide the MF and RV for 2018 Chevy Traverse Premier AWD in Iowa for both 24/15k and 36/15k?

    .00080 and 61%
    .00055 and 52%

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  • rroth22rroth22 Member Posts: 1
    Need residual for 2018 Traverse High Country, 10k miles per year in Michigan. What is MF? and how does that factor into my lease. We are GM and qualify for lease roll-over rebate, but still having trouble understanding why dealerships all have different payments. Shouldn't they all be the same?
  • kyfdxkyfdx Moderator Posts: 201,024
    rroth22 said:

    Need residual for 2018 Traverse High Country, 10k miles per year in Michigan. What is MF? and how does that factor into my lease. We are GM and qualify for lease roll-over rebate, but still having trouble understanding why dealerships all have different payments. Shouldn't they all be the same?

    .00055 MF and 60% residual for 36/10.

    You have to negotiate the sale price of the vehicle. Different dealers have different prices, because they are selling you the vehicle for different prices. It's a free market.

    The money factor is used to calculate the finance charge portion of the lease payment.
    .00055 is roughly equivalent to 1.32% APR

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  • franti3franti3 Member Posts: 29
    Hi -

    I'm for the MF and RV on the following models:

    AWD High Country in NY, 36/12 & 36/10.

    Thanks in advance.

    Eric
  • kyfdxkyfdx Moderator Posts: 201,024
    franti3 said:

    Hi -

    I'm for the MF and RV on the following models:

    AWD High Country in NY, 36/12 & 36/10.

    Thanks in advance.

    Eric

    .00055 MF and 55%/54% residual

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  • franti3franti3 Member Posts: 29
    Here's the "deal" I was offered tonight on Traverse High Country, 36/12 in NY:

    MF: .00055
    RV: 54%

    Sign and drive all taxes, fees rolled in.
    MSRP: $53,245
    Lease cash: $2250
    Selling price: $50,820
    Monthly price: $675.00

    I believe the dealer is taking VERY LITTLE off MSRP besides lease cash (which is free money from GM). Any thoughts are welcome.

  • sjessie56sjessie56 Member Posts: 4
    Meant to post this here...

    Would this be considered a good deal?

     2018 3LT AWD 
     
    MSRP - $45,525 

    Negotiated Sale Price- $42,907 
     
    Rebates- $2251.73, was used as follows: 

    Cap cost reduction- $1135.70 
    Taxes on Cap cost reduction- $105.05 
    1st monthly payment- $512.83 
    Title and Registration- $402 
    Sales/Use Tax- $7.40 
    Doc Fee- $80 
    CA Tire Fee- $8.75 
    *The Acquisition Fee was added to the negotiated sale price, I don't know why they did that- $595 ($42,907+595=$43,502.50)

    Term - 36 months 12K miles 

     Zero down 

     RV - 59% 

     MF - .00055 
     
    Payment w/ taxes $512
  • kyfdxkyfdx Moderator Posts: 201,024
    franti3 said:

    Here's the "deal" I was offered tonight on Traverse High Country, 36/12 in NY:

    MF: .00055
    RV: 54%

    Sign and drive all taxes, fees rolled in.
    MSRP: $53,245
    Lease cash: $2250
    Selling price: $50,820
    Monthly price: $675.00

    I believe the dealer is taking VERY LITTLE off MSRP besides lease cash (which is free money from GM). Any thoughts are welcome.

    I agree.. .but, it's a new 2018 model and the highest trimline.
    The MF and residual are correct.
    LT trim residuals are 5% higher

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