2018 Chevrolet Traverse Lease Deals and Prices

kyfdx

sjessie56 said:

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

Money factor and residual are correct.
I get $469/mo.+tax, so the calculations look good
Unless you are paying it out of pocket, the acquisition fee has to be added somewhere.

richmusch

What’s the residual and money factor for 48/12 Premier, AWD in Columbus Ohio?

Michaell

richmusch@hotmail.com said:

What’s the residual and money factor for 48/12 Premier, AWD in Columbus Ohio?

.00085 and 46%

wakka26

kyfdx said:

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

For what its worth - I was quoted 599 over the weekend (only first month and DMV fees due at signing) from a dealer in NYC for a 2018 Chevy Traverse High Country with a 53,245 MSRP. So looks like there's room for more in that deal.

franti3

Would you mind messaging that info to me or posting dealer name? I passed on a deal in NYC because the dealer wouldnt come down to $600 sign and drive and I'm still looking.

Thanks for posting- I really appreciate your response.

ebdebd

Hello,
May I have the MF and residual on the Traverse LT for 36 & 39 months with 12,000 miles per year?
Thank you in advance!

kyfdx

ebdebd said:

Hello,
May I have the MF and residual on the Traverse LT for 36 & 39 months with 12,000 miles per year?
Thank you in advance!

FWD or AWD?

ebdebd

kyfdx said:

ebdebd said:

Hello,
May I have the MF and residual on the Traverse LT for 36 & 39 months with 12,000 miles per year?
Thank you in advance!

FWD or AWD?

AWD please

Michaell

ebdebd said:

kyfdx said:

ebdebd said:

Hello,
May I have the MF and residual on the Traverse LT for 36 & 39 months with 12,000 miles per year?
Thank you in advance!

FWD or AWD?

AWD please

.00045 and 59% (36/12) or 56% (39/12)

Montysbox

Michaell - They have also pitched me this deal for 2018 FWD LS traverse (arlington VA):

2018 Chevy traverse LS

MSRP 32995

Selling price 28995

Net cap cost 32624.85

Rebate 2250

Residual 53 percent

39 months 15k per year

Payment 410

Money factor .00045

Comparing this deal to the 2017 lease terms they provided that I posted in that thread.

Michaell

Montysbox said:

Michaell - They have also pitched me this deal for 2018 FWD LS traverse (arlington VA):

2018 Chevy traverse LS

MSRP 32995

Selling price 28995

Net cap cost 32624.85

Rebate 2250

Residual 53 percent

39 months 15k per year

Payment 410

Money factor .00045

Comparing this deal to the 2017 lease terms they provided that I posted in that thread.

I'm within $1 of that payment quote - likely a rounding error on my part.

You'll have to decide which you like better.

joe_fl96

Hello, could you please tell me MF and residue value for 18 LT cloth, 24/36 mon for 12 k miles? Located in southeast Florida. Thanks,

kyfdx

joe_fl96 said:

Hello, could you please tell me MF and residue value for 18 LT cloth, 24/36 mon for 12 k miles? Located in southeast Florida. Thanks,

FWD or AWD?

joe_fl96

FWD, sorry about it.

Michaell

joe_fl96 said:

Hello, could you please tell me MF and residue value for 18 LT cloth, 24/36 mon for 12 k miles? Located in southeast Florida. Thanks,

joe_fl96 said:

FWD, sorry about it.

24/12 - .00071 and 67%
36/12 - .00045 and 58%

ptodisco

Hi looking at the 2018 black Traverse 3LT AWD with sunroof. Could you please provide the MF, residual value and payments for a 39m/12k miles lease in New York. 0 money down. Only 1st month and dmv. 

kyfdx

ptodisco said:

Hi looking at the 2018 black Traverse 3LT AWD with sunroof. Could you please provide the MF, residual value and payments for a 39m/12k miles lease in New York. 0 money down. Only 1st month and dmv. 

.00045 MF and 56% residual

To calculate a payment, we need the MSRP and adjusted CAP cost

bruisbe

Hello...I am looking at a Redline edition Traverse, which is under the Premium trim line. AWD...Could you please let me know what the money factor, residual value would be for the following. I live in Illinois.

36m/10,000 miles
36m/12,000 miles
39m/10,000 miles
39m/12,000 miles

Please let me know if there is any other information that you need.

Michaell

bruisbe said:

Hello...I am looking at a Redline edition Traverse, which is under the Premium trim line. AWD...Could you please let me know what the money factor, residual value would be for the following. I live in Illinois.

36m/10,000 miles
36m/12,000 miles
39m/10,000 miles
39m/12,000 miles

Please let me know if there is any other information that you need.

.00045 and 54% (36/12) or 51% (39/12)

Add 1% for 10K

zzmmmommy

I am looking at this deal:
Traverse 2018 3LT with sunroof
MSRP: 44340
Selling price: 42280
Total Cap cost: 47107.57 (acquisition fee, inception fee, negative equity...4640 from current lease)
39 months, 15000 miles
South Florida
675.32

kyfdx

zzmmmommy said:

I am looking at this deal:
Traverse 2018 3LT with sunroof
MSRP: 44340
Selling price: 42280
Total Cap cost: 47107.57 (acquisition fee, inception fee, negative equity...4640 from current lease)
39 months, 15000 miles
South Florida
675.32

.00045 MF and 53%/54% residual for FWD/AWD

Payment looks about right.
Why trade out of your lease now, if you are that far under water?

zzmmmommy

We are at 35,500 miles with 11 months to go...lease is only for 36000 miles. Honestly, I don't know what to do. I can't fathom paying that much but we are over miles and need 2 new tires and brakes.  Not sure what the better alternative is.

Michaell

zzmmmommy said:

We are at 35,500 miles with 11 months to go...lease is only for 36000 miles. Honestly, I don't know what to do. I can't fathom paying that much but we are over miles and need 2 new tires and brakes.  Not sure what the better alternative is.

If you're driving almost 18,000 miles a year, the next lease at 15K per year will put you in the same hole, just not quite as deep.

Another 18,000 miles puts you at 54,000 for the lease, or 18,000 over the mileage limit.

If the extra miles are .20/ea, that's only $3600 in charges. Plus the tires and brakes.

Probably best to ride out your existing lease, then see what your options are. Making a rash decision usually doesn't end well.

What car are you leasing? You may have better luck if you stick with the same brand - the end of lease charges can be reduced, if you're lucky.

zzmmmommy

We have a Passat, we looked at the atlas but it's just a bit smaller to fit all 4 kids (we need a second car for all 6 of us) and didn't fit all of us as well as the Durango or traverse. 

stevef4

2018 traverse fwd, LS and LT trim for northern CA. Need residual and and MF for 36/12k lease
thanks

Michaell

stevef4 said:

2018 traverse fwd, LS and LT trim for northern CA. Need residual and and MF for 36/12k lease
thanks

.00045 and 58%

dade711

2018 Traverse fwd, LZ and LT leather trim for West TN. Need residual and and MF for 36/12k lease. Thanks in advance!

Michaell

dade711 said:

2018 Traverse fwd, LZ and LT leather trim for West TN. Need residual and and MF for 36/12k lease. Thanks in advance!

.00045 and 54% (LZ) or 58% (LT)

miman13

Can you please share the November rv and mf/apr for a 2018 Traverse Premier and High Country, 10k miles/36 Months? Any known rebates? Long Island, New York. Thanks!

kyfdx

miman13 said:

Can you please share the November rv and mf/apr for a 2018 Traverse Premier and High Country, 10k miles/36 Months? Any known rebates? Long Island, New York. Thanks!

.00049 MF and 55% residual for either trim.

No rebate info.

zzmmmommy

Original car was sold so we just went back and looked at another car.  Here are the numbers:
MSRP 42095
selling price: 40963
1500 down
39 months, 15k miles
I am rolling in 11 payments of $390 on my current lease.
$596 month

What do you think

Michaell

zzmmmommy said:

Original car was sold so we just went back and looked at another car.  Here are the numbers:
MSRP 42095
selling price: 40963
1500 down
39 months, 15k miles
I am rolling in 11 payments of $390 on my current lease.
$596 month

What do you think

That's $110/mo you are rolling into the new lease. Why not wait for the current lease to be over before doing anything?

What trim level? FWD or AWD?

zzmmmommy

We had an emergency recently and my car (minivan) was in the shop from a recent accident, we were stuck during the hurricane because my husbands car couldn't fit all 6 of us.  I don't want that to happen again. I need both cars to fit all 6 of us in case of things like that. When the kids were younger/smaller we could get away with double buckeling if we had to, but now they are too big for that.

zzmmmommy

And it was fwd-

dave34787

2018 fwd traverse LS 39/15k orlando, fl

Michaell

zzmmmommy said:

We had an emergency recently and my car (minivan) was in the shop from a recent accident, we were stuck during the hurricane because my husbands car couldn't fit all 6 of us.  I don't want that to happen again. I need both cars to fit all 6 of us in case of things like that. When the kids were younger/smaller we could get away with double buckeling if we had to, but now they are too big for that.

zzmmmommy said:

And it was fwd-

And the trim level?

Michaell

dave34787 said:

2018 fwd traverse LS 39/15k orlando, fl

.00049 and 53%

zzmmmommy

Michaell said:

We had an emergency recently and my car (minivan) was in the shop from a recent accident, we were stuck during the hurricane because my husbands car couldn't fit all 6 of us.  I don't want that to happen again. I need both cars to fit all 6 of us in case of things like that. When the kids were younger/smaller we could get away with double buckeling if we had to, but now they are too big for that.

And it was fwd-

And the trim level?

3lt

Michaell

zzmmmommy said:

Michaell said:

zzmmmommy said:

We had an emergency recently and my car (minivan) was in the shop from a recent accident, we were stuck during the hurricane because my husbands car couldn't fit all 6 of us.  I don't want that to happen again. I need both cars to fit all 6 of us in case of things like that. When the kids were younger/smaller we could get away with double buckeling if we had to, but now they are too big for that.

zzmmmommy said:

And it was fwd-

And the trim level?

3lt

3LT FWD 39/15 - .00049 and 53%

With the prices you provided a few posts back, I get $509/mo before tax.

With the negative equity rolled in, your payment looks pretty good.

vatsal82

RV/MF for 36/10 AWD 3LT as well as AWD 1LZ pls. 08820 Nj. Thk you !

Michaell

vatsal82 said:

RV/MF for 36/10 AWD 3LT as well as AWD 1LZ pls. 08820 Nj. Thk you !

.00049 and 55% (1LZ) or 60% (3LT)

anthonyrrr

Hey all I'm new to this forum. I'm from long Island NY and went to look at 2018 traverse. I saw the premier and 3lt all wheel drive trucks. I didn't get any numbers on them other than stickers price. The premier was 51000 and the 3lt was around 43 44. What kind of info can you give to educate going into the lease negotiation. Ty  

Michaell

anthonyrrr said:

Hey all I'm new to this forum. I'm from long Island NY and went to look at 2018 traverse. I saw the premier and 3lt all wheel drive trucks. I didn't get any numbers on them other than stickers price. The premier was 51000 and the 3lt was around 43 44. What kind of info can you give to educate going into the lease negotiation. Ty  

I'd suggest you read the articles at this link to get you started.

https://www.edmunds.com/car-leasing/

rolandor50

What is the RV/MF in a 36/10k? New York Also what is the lowest selling price for this model. So far I have an offer of $32,200 after rebates/discounts.

kyfdx

rolandor50 said:

What is the RV/MF in a 36/10k? New York Also what is the lowest selling price for this model. So far I have an offer of $32,200 after rebates/discounts.

Which trim?
AWD or FWD?

rolandor50

kyfdx said:

What is the RV/MF in a 36/10k? New York Also what is the lowest selling price for this model. So far I have an offer of $32,200 after rebates/discounts.

Which trim? AWD or FWD?

Sorry.. 2018 Traverse AWD LS

Michaell

rolandor50 said:

kyfdx said:

rolandor50 said:

What is the RV/MF in a 36/10k? New York Also what is the lowest selling price for this model. So far I have an offer of $32,200 after rebates/discounts.

Which trim?
AWD or FWD?

Sorry.. 2018 Traverse AWD LS

.00049 and 60%

We don’t track pricing – use the “make / model / year” tabs at the top of the page to link to the Edmunds price tools.

rolandor50

Thank you Kyfdx and  Michaell

rolandor50

A dealer send me this calculations for a lease of a 2018 Traverse AWD LS 36/10k. This is in NY (tax 7%).
i think that there’s a big error in this calculations.

Can anyone verify these numbers for me????
thanks in advance.

kyfdx

rolandor50 said:

A dealer send me this calculations for a lease of a 2018 Traverse AWD LS 36/10k. This is in NY (tax 7%).
i think that there’s a big error in this calculations.

Can anyone verify these numbers for me????
thanks in advance.

The numbers are exact.

Not sure what the hypothetical 0% interest calculation is about, but the 1.18% APR and 60% residual are dead on, as is the calculated payment.