2018 Chevrolet Traverse Lease Deals and Prices

smoothpuppy

Hi!

My parents are considering purchasing a new 2018 Traverse Premier in Illinois/zip 60430.

I noticed there is a $1,500 conquest cash incentive noted on edmunds (it does not appear on the Chevrolet site). I currently lease a 2017 Jeep Grand Cherokee (which I'm keeping) and my legal residence, car registration, driver's license, etc. is the same as my parents. I know, that's pitiful, it's a long story...any thoughts if that would make them eligible for the conquest money? Or if they added me to their title (and probably insurance), perhaps they (we) would qualify? They intend to pay for the new car outright (haven't been able to talk them out of it) so at least we wouldn't have to worry about lender complexity.

Certainly we will ask the dealer about this, but I would like to see if you have any thoughts or perspective on it. I have not been successful in finding the conquest cash fine print online. Thanks for listening!


Cheers, Bill

kyfdx

smoothpuppy said:

Hi!

My parents are considering purchasing a new 2018 Traverse Premier in Illinois/zip 60430.

I noticed there is a $1,500 conquest cash incentive noted on edmunds (it does not appear on the Chevrolet site). I currently lease a 2017 Jeep Grand Cherokee (which I'm keeping) and my legal residence, car registration, driver's license, etc. is the same as my parents. I know, that's pitiful, it's a long story...any thoughts if that would make them eligible for the conquest money? Or if they added me to their title (and probably insurance), perhaps they (we) would qualify? They intend to pay for the new car outright (haven't been able to talk them out of it) so at least we wouldn't have to worry about lender complexity.

Certainly we will ask the dealer about this, but I would like to see if you have any thoughts or perspective on it. I have not been successful in finding the conquest cash fine print online. Thanks for listening!


Cheers, Bill

Sorry, but we have absolutely zero information on that.

dmax2012

Hi.  Looking to lease a 2018 traverse. Awd premier red line.  Doing 20k miles for 48months.  Numbers they are giving me is. Sell price. 47,800. Monthly payments 790. I live in Iowa. Any tips or suggestions.  0 down

kyfdx

dmax2012 said:

Hi.  Looking to lease a 2018 traverse. Awd premier red line.  Doing 20k miles for 48months.  Numbers they are giving me is. Sell price. 47,800. Monthly payments 790. I live in Iowa. Any tips or suggestions.  0 down

Yeah.. if I'm driving 80K miles in four years, I'm probably going to buy the vehicle, not lease it.
We don't have any residual numbers for 20K/yr.

dmax2012

Just found out the residual will be 18,171.00

dmax2012

dmax2012

Michaell

dmax2012 said:

41% residual is dismal after 48 months.

$49,000 over 72 months at 3.9% is $762/mo, for comparison.

No idea what the finance rates are, of if $49K is the right amount to finance, but there is know way I'd lease for that payment.

bparmley

How about MF RV for
New York 2018 traverse AWD 2LZ
36/12?

bparmley

smoothpuppy said:

Hi!

My parents are considering purchasing a new 2018 Traverse Premier in Illinois/zip 60430.

I noticed there is a $1,500 conquest cash incentive noted on edmunds (it does not appear on the Chevrolet site). I currently lease a 2017 Jeep Grand Cherokee (which I'm keeping) and my legal residence, car registration, driver's license, etc. is the same as my parents. I know, that's pitiful, it's a long story...any thoughts if that would make them eligible for the conquest money? Or if they added me to their title (and probably insurance), perhaps they (we) would qualify? They intend to pay for the new car outright (haven't been able to talk them out of it) so at least we wouldn't have to worry about lender complexity.

Certainly we will ask the dealer about this, but I would like to see if you have any thoughts or perspective on it. I have not been successful in finding the conquest cash fine print online. Thanks for listening!


Cheers, Bill

I think you’re good, based on last sentence on this disclaimer...


* Disclaimer(s)
Offer applies to customers who currently lease a 2012 or newer non-GM (ie. Buick, Cadillac, Chevrolet, GMC, Hummer, Oldsmobile, Pontiac, or Saturn) passenger car or light-duty truck. If the new vehicle is being delivered under the GM employee purchase program, the customer must have a competitive lease with a scheduled end date within 365 days of the delivery date of the new vehicle. This offer can be transferred to individuals residing in the same household.

Michaell

bparmley said:

How about MF RV for
New York 2018 traverse AWD 2LZ
36/12?

.00049 and 54%

jflorian

Hello was wondering if I could have the mf and rv for the rs and premier trim 
24 month & 36 month 10k thank you 

Michaell

jflorian said:

Hello was wondering if I could have the mf and rv for the rs and premier trim 
24 month & 36 month 10k thank you 

You're cross shopping the Traverse with an E-Class? What's that about?

FWD or AWD?

road_hog

Can you please let me know current RV and MF for a 2018 Traverse FWD 1LT 36/12 for CA 92866? Thank you.

kyfdx

road_hog said:

Can you please let me know current RV and MF for a 2018 Traverse FWD 1LT 36/12 for CA 92866? Thank you.

.00049 MF and 58% residual

frank782

Looking at a lease on a 2018 Traverse 1LS AWD, MSRP: $35,415. 36 mos/36,000 miles, premium credit, zip code 14086 (NY State), residual appears to be 59%, sell price $33,300. $389 down, $386 per month.

What is MF? Also, seems like there is some room to move on price, what do you think?

Michaell

frank782 said:

Looking at a lease on a 2018 Traverse 1LS AWD, MSRP: $35,415. 36 mos/36,000 miles, premium credit, zip code 14086 (NY State), residual appears to be 59%, sell price $33,300. $389 down, $386 per month.

What is MF? Also, seems like there is some room to move on price, what do you think?

.00049 and 59%

jamski3

I just leased a 2018 Traverse LT1 (MSRP of $39,765) in Pennsylvania

Along with them paying off my last 4 payments of $270 a month (Had a 39 month lease and wanted to get rid of it before the 36 month warranty ran out) I received the following:

36 Month - 10K Miles - $359.16/month

Agreed upon value of the Vehicle - $38,821.92
Gross Capitalized cost - $39,416.92
Capital Cost Adjustment - $5,750 (This includes the conquest rebate of $1,500 and a GM Card rebate of $1,500
Adjusted Capitalized cost - $33,666.92
Residual Value - $23,859
Depreciation and Amortized Amount - $9,807.92
Rent Charge - $1,946.44
Total Base of scheduled payments - $11,754.36

Base Scheduled Payments - $326.51
Sales/Use Tax - $32.65

Total Scheduled Payment / Month - $359.16

Only put down first monthly payment and fees - $593.16


Does this look like a decent deal?

Michaell

jamski3 said:

I just leased a 2018 Traverse LT1 (MSRP of $39,765) in Pennsylvania

Along with them paying off my last 4 payments of $270 a month (Had a 39 month lease and wanted to get rid of it before the 36 month warranty ran out) I received the following:

36 Month - 10K Miles - $359.16/month

Agreed upon value of the Vehicle - $38,821.92
Gross Capitalized cost - $39,416.92
Capital Cost Adjustment - $5,750 (This includes the conquest rebate of $1,500 and a GM Card rebate of $1,500
Adjusted Capitalized cost - $33,666.92
Residual Value - $23,859
Depreciation and Amortized Amount - $9,807.92
Rent Charge - $1,946.44
Total Base of scheduled payments - $11,754.36

Base Scheduled Payments - $326.51
Sales/Use Tax - $32.65

Total Scheduled Payment / Month - $359.16

Only put down first monthly payment and fees - $593.16


Does this look like a decent deal?

Yes, it does.

Congrats and enjoy!

frank782

How about MF and residual on 1LT AWD (LT Leather) in NY?

Michaell

frank782 said:

How about MF and residual on 1LT AWD (LT Leather) in NY?

What lease term and how many miles per year?

frank782

36 mos,36k miles

kyfdx

frank782 said:

How about MF and residual on 1LT AWD (LT Leather) in NY?

.00049 MF and 57% residual for 36/15

carbuyer10524

Good afternoon, Looking at a 2018 Traverse AWD LT or Premium. 36/10k or 39/10k in Maryland or Washington state (moving across the country next week). Thank you.

Michaell

carbuyer10524 said:

Good afternoon, Looking at a 2018 Traverse AWD LT or Premium. 36/10k or 39/10k in Maryland or Washington state (moving across the country next week). Thank you.

.00049 and 60% (LT) or 55% (Premier) for 36/10

Subtract 3% for 39/10

zzmmmommy

2wd premier msrp 46515-
After rebates and discounts- 39515
With taxes, tags, dealer fees- 43559

36 months, 12k miles
1500 down
508 month

Any thoughts/opinions? 

zzmmmommy

zzmmmommy said:

2wd premier msrp 46515-
After rebates and discounts- 39515
With taxes, tags, dealer fees- 43559

36 months, 12k miles
1500 down
508 month

Any thoughts/opinions? 

I should have added we live in Florida-

Michaell

zzmmmommy said:

zzmmmommy said:

2wd premier msrp 46515-
After rebates and discounts- 39515
With taxes, tags, dealer fees- 43559

36 months, 12k miles
1500 down
508 month

Any thoughts/opinions? 

I should have added we live in Florida-

FL taxes the monthly statement.

What was the adjusted cap cost? Assuming 7% sales tax, I'm guessing in the neighborhood of $41,000 or so.

.00049 and 54%

Congrats and enjoy!

zzmmmommy

These are the only numbers he gave me:

Vehicle Price: $46,515.00
Dealer Savings: $4,253.11
Customer Rebate: -$2,750.00

Dealer Price: $39,511.89
Sales Tax (estimate):+$2,592.98
Tire/Battery/MVWEA:+$6.50
Dealer Service Fee:+$799.00
Tag/Registration Fees (estimate):+$649.00

Balance Due (estimate): $43,559.37
36 months, 12k miles
1500 down
508 month

I didn't do it yet- I wanted to make sure the deal seemed right to you. It is also about $2500 more than trim we originally wanted. Adds about $35 a month- which adds up! I might wait until they get in the trim that is a little bit lower.

jflorian

Hello can I get the mf and residual for the lt cloth, lt leather, rs and premier trims 24 month and 36 month 7500k miles thank you 

Michaell

zzmmmommy said:

These are the only numbers he gave me:

Vehicle Price: $46,515.00
Dealer Savings: $4,253.11
Customer Rebate: -$2,750.00

Dealer Price: $39,511.89
Sales Tax (estimate):+$2,592.98
Tire/Battery/MVWEA:+$6.50
Dealer Service Fee:+$799.00
Tag/Registration Fees (estimate):+$649.00

Balance Due (estimate): $43,559.37
36 months, 12k miles
1500 down
508 month

I didn't do it yet- I wanted to make sure the deal seemed right to you. It is also about $2500 more than trim we originally wanted. Adds about $35 a month- which adds up! I might wait until they get in the trim that is a little bit lower.

You want the dealer to give you the adjusted cap cost - that balance due number is for purchase. FL taxes the monthly payment and there is no mention of the acquisition fee.

Would this happen to be an Autonation dealer?

Michaell

jflorian said:

Hello can I get the mf and residual for the lt cloth, lt leather, rs and premier trims 24 month and 36 month 7500k miles thank you 

FWD or AWD?

zzmmmommy

Michaell said:

zzmmmommy said:

These are the only numbers he gave me:

Vehicle Price: $46,515.00
Dealer Savings: $4,253.11
Customer Rebate: -$2,750.00

Dealer Price: $39,511.89
Sales Tax (estimate):+$2,592.98
Tire/Battery/MVWEA:+$6.50
Dealer Service Fee:+$799.00
Tag/Registration Fees (estimate):+$649.00

Balance Due (estimate): $43,559.37
36 months, 12k miles
1500 down
508 month

I didn't do it yet- I wanted to make sure the deal seemed right to you. It is also about $2500 more than trim we originally wanted. Adds about $35 a month- which adds up! I might wait until they get in the trim that is a little bit lower.

You want the dealer to give you the adjusted cap cost - that balance due number is for purchase. FL taxes the monthly payment and there is no mention of the acquisition fee.

Would this happen to be an Autonation dealer?

Yes, autonation...how did you know that? Without knowing the cap cost can you tell if this is a fair deal?

Michaell

zzmmmommy said:

Michaell said:

zzmmmommy said:

These are the only numbers he gave me:

Vehicle Price: $46,515.00
Dealer Savings: $4,253.11
Customer Rebate: -$2,750.00

Dealer Price: $39,511.89
Sales Tax (estimate):+$2,592.98
Tire/Battery/MVWEA:+$6.50
Dealer Service Fee:+$799.00
Tag/Registration Fees (estimate):+$649.00

Balance Due (estimate): $43,559.37
36 months, 12k miles
1500 down
508 month

I didn't do it yet- I wanted to make sure the deal seemed right to you. It is also about $2500 more than trim we originally wanted. Adds about $35 a month- which adds up! I might wait until they get in the trim that is a little bit lower.

You want the dealer to give you the adjusted cap cost - that balance due number is for purchase. FL taxes the monthly payment and there is no mention of the acquisition fee.

Would this happen to be an Autonation dealer?

Yes, autonation...how did you know that? Without knowing the cap cost can you tell if this is a fair deal?

Because all AutoNation dealers structure their lease quotes the same way - show you a purchase quote, then a lease payment that isn't connected to those numbers.

And, because AN owns dealers all over the country, we see this .... a lot.

Without knowing the cap cost, I can't comment on the deal.

griegomiami

Good afternoon, Looking at a 2018 Traverse FWD L , 36/12k in FL. Can I have MF and residual ? I don't mind the 2017 either . Is there a better deal to be given with 2017? Can I have MF and residual for that too? Thank you.

Michaell

griegomiami said:

Good afternoon, Looking at a 2018 Traverse FWD L , 36/12k in FL. Can I have MF and residual ? I don't mind the 2017 either . Is there a better deal to be given with 2017? Can I have MF and residual for that too? Thank you.

2018 - .00049 and 58%

2017 Traverse lease thread is here:

https://forums.edmunds.com/discussion/42325/chevrolet/traverse/2017-chevrolet-traverse-lease-deals-and-prices#latest

jflorian

Hello can I get the mf and residual for the fwd  lt cloth, lt leather, rs and premier trims 24 month and 36 month 7500k miles thank you 

kyfdx

jflorian said:

Hello can I get the mf and residual for the fwd  lt cloth, lt leather, rs and premier trims 24 month and 36 month 7500k miles thank you 

GM doesn't offer 7.5K/yr

24/10: .00075 MF and 68%/63% residual for (all other)/Premier
36/10: .00049 MF and 59%/55% residual

miked82

Hello, can I get MF and residual for 2018 AWD 2LZ in North Carolina. 36/12 and 36/10? Thanks!

jpd1979

Is it too soon to ask for December 24/15 and 36/15 Traverse numbers in 08619? I guess 1LT trim, both drives if different. Thanks.

Michaell

jpd1979 said:

Is it too soon to ask for December 24/15 and 36/15 Traverse numbers in 08619? I guess 1LT trim, both drives if different. Thanks.

Got the numbers today.

24/15 - .00075 and 66% (FWD) or 65% (AWD)
36/15 - .00049 and 56% (FWD) or 57% (AWD)

jpd1979

Thanks! Any lease cash, etc?

Michaell

jpd1979 said:

Thanks! Any lease cash, etc?

No lease cash

pharita

Looking for 2018 Traverse LT Cloth (3LT) FWD for 36/10 or 36/12. What would be MF and residual Values for Atlanta area (North Atlanta) Looking for Dec numbers for 30041.

Thanks for the help.

Michaell

pharita said:

Looking for 2018 Traverse LT Cloth (3LT) FWD for 36/10 or 36/12. What would be MF and residual Values for Atlanta area (North Atlanta) Looking for Dec numbers for 30041.

Thanks for the help.

.00049 and 59% / 58%

bparmley

December is here, can you let me know please. How about MF RV for
New York 2018 traverse AWD 2LZ
36/12?

zzmmmommy

Curious if anyone has been able to find the 18 traverse at the dealership. They seem to only have 1 or 2 on the lot. Anyone finding anything different?

Michaell

bparmley said:

December is here, can you let me know please. How about MF RV for
New York 2018 traverse AWD 2LZ
36/12?

.00049 and 54%

daisysue

Could I please get the lease numbers for AWD LT and Premier 36/12 and 24/12. Pittsburgh, PA area.

Michaell

daisysue said:

Could I please get the lease numbers for AWD LT and Premier 36/12 and 24/12. Pittsburgh, PA area.

24/15 - .00075 and 62% (Premier) or 66% (LT)
36/15 - .00049 and 54% (Premier) or 59% (LT)