2018 Chevrolet Traverse Lease Deals and Prices

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  • griegomiamigriegomiami Member Posts: 9
    edited December 2017
    Michaell 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
    What's the updated 2018 traverse mf and residual for December? Also any factory specials this month ? Guessing is a good month to lease  right ? Thanks 
  • MichaellMichaell Moderator Posts: 264,353


    Michaell 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

    What's the updated 2018 traverse mf and residual for December? Also any factory specials this month ? Guessing is a good month to lease  right ? Thanks 

    .00049 and 58%

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  • griegomiamigriegomiami Member Posts: 9
    edited December 2017

    Hello , I got quoted in Florida for a 2018 traverse LS, FWD.  I was given  .00049 and 58%. 

     Is this a good price ? 

    Msrp 33000

    -Autonation savings 3500

    -Customer rebate 3500

    +Sales tax estimate 1800

    +dealer service 799

    + title 349

    --------

    $29,067 price 

    -----

    Rebates $2250

    36 months / 10k

    1250 down  , 287/m incl tax 

    What do you think ? Thanks again 

  • MichaellMichaell Moderator Posts: 264,353

    Hello , I got quoted in Florida for a 2018 traverse LS, FWD.  I was given  .00049 and 58%. 

     Is this a good price ? 

    Msrp 33000

    -Autonation savings 3500

    -Customer rebate 3500

    +Sales tax estimate 1800

    +dealer service 799

    + title 349

    --------

    $29,067 price 

    -----

    Rebates $2250

    36 months / 10k

    1250 down  , 287/m incl tax 

    What do you think ? Thanks again 

    That is a purchase quote - FL taxes the monthly payment on a lease.

    I confirm the MF and residual values

    $799 for dealer service is crazy high, but that's Florida for you.

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  • griegomiamigriegomiami Member Posts: 9
    edited December 2017
    No that is a lease quote my mistake . What do you think ? 

    Thanks Mike 
  • griegomiamigriegomiami Member Posts: 9
    Last point is $1250 also includes the first month . 
  • kyfdxkyfdx Moderator Posts: 267,612

    Last point is $1250 also includes the first month . 

    Looks cheap

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  • jm0nahanjm0nahan Member Posts: 10
    RV and MF for NY - LT Leather AWD 36/10 24/10?
  • MichaellMichaell Moderator Posts: 264,353
    jm0nahan said:

    RV and MF for NY - LT Leather AWD 36/10 24/10?

    24/10 - .00075 and 67%
    36/10 - .00049 and 60%

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  • qcknight24qcknight24 Member Posts: 3
    can you please give me MF and RV for 2018 traverse 1lt cloth in NYC
  • qcknight24qcknight24 Member Posts: 3

    can you please give me MF and RV for 2018 traverse 1lt cloth in NYC

    sorry 39 month lease with both 10k and 12k miles. nyc/long island NY
  • kyfdxkyfdx Moderator Posts: 267,612

    can you please give me MF and RV for 2018 traverse 1lt cloth in NYC

    sorry 39 month lease with both 10k and 12k miles. nyc/long island NY
    Assuming AWD
    .00049 MF and 57%/56% residual

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  • qcknight24qcknight24 Member Posts: 3
    kyfdx said:

    can you please give me MF and RV for 2018 traverse 1lt cloth in NYC

    sorry 39 month lease with both 10k and 12k miles. nyc/long island NY
    Assuming AWD
    .00049 MF and 57%/56% residual
    you assumed right. Thanks
  • arrigorafaelarrigorafael Member Posts: 1
    new to the forum so i apologize if the question is out of topic.

    got an offer in Tampa, FL on a LS

    12kmiles/year - 36 months
    MSRP: 33,045 - Sale price: 30,345
    Downpayment: 500
    Montly payment: 325

    is this good or bad?
  • MichaellMichaell Moderator Posts: 264,353

    new to the forum so i apologize if the question is out of topic.

    got an offer in Tampa, FL on a LS

    12kmiles/year - 36 months
    MSRP: 33,045 - Sale price: 30,345
    Downpayment: 500
    Montly payment: 325

    is this good or bad?

    Assuming FWD, .00049 and 58%

    With your prices, I get $335/mo plus tax.

    If your $325/mo quote is with tax, it looks very good.

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  • jonjon11jonjon11 Member Posts: 49
    Can I see MF and residual for 2018 premier FWD 24/10 and 36/10?  Is there a change for AWD?  AZ zip 85260.  Thanks!
  • MichaellMichaell Moderator Posts: 264,353
    jonjon11 said:

    Can I see MF and residual for 2018 premier FWD 24/10 and 36/10?  Is there a change for AWD?  AZ zip 85260.  Thanks!

    .00075 and 63%
    .00049 and 55%
    FWD and AWD

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  • edmundssuvedmundssuv Member Posts: 56
    Could I get the MF/RV info for 2018 Traverse LS and 1LT, both AWD and 36/10, state is MA if the numbers are not national. Thanks a lot!
  • MichaellMichaell Moderator Posts: 264,353

    Could I get the MF/RV info for 2018 Traverse LS and 1LT, both AWD and 36/10, state is MA if the numbers are not national. Thanks a lot!

    .00049 and 60%

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  • edmundssuvedmundssuv Member Posts: 56
    Michaell said:

    Could I get the MF/RV info for 2018 Traverse LS and 1LT, both AWD and 36/10, state is MA if the numbers are not national. Thanks a lot!

    .00049 and 60%
    Thanks for the quick response. So the numbers are the same for both trims?
  • MichaellMichaell Moderator Posts: 264,353

    Michaell said:

    Could I get the MF/RV info for 2018 Traverse LS and 1LT, both AWD and 36/10, state is MA if the numbers are not national. Thanks a lot!

    .00049 and 60%
    Thanks for the quick response. So the numbers are the same for both trims?
    Yes, that is correct.

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  • zzmmmommyzzmmmommy Member Posts: 67
    MSRP - 46515
    selling price of car 39115
    Cap cost - 44178
    2130 down (includes first month)
    624 a month (includes taxes)
    36 months, 15k
    *They are paying the $4000 we owe on our previous lease plus the overage mileage which equaled about $500, so a total of $4500
  • kyfdxkyfdx Moderator Posts: 267,612
    zzmmmommy said:

    MSRP - 46515
    selling price of car 39115
    Cap cost - 44178
    2130 down (includes first month)
    624 a month (includes taxes)
    36 months, 15k
    *They are paying the $4000 we owe on our previous lease plus the overage mileage which equaled about $500, so a total of $4500

    It's a decent deal, considering the $125/mo. for negative equity.

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  • indychevyguyindychevyguy Member Posts: 4
    Newbie here, please forgive the long post and thanks for the help in advance.

    I have a Traverse lease that is up in 2 months. I owe 700 in leases payments (300/mox2)

    I am looking at 2018 ( I get GMS my dad is a gm retiree) LS or LT 15k/36 zip code 47396.

    I have arrived at the GMS price but are there any other "leases cash" or rebates I can use on the lease. Also what is the MF/RV on 2018 LS? Trying to get the cheapest price I can, don't care about options ect. \

    Also, is there any programs to cover my last 2 payments or would it just be rolled into a new lease.
  • MichaellMichaell Moderator Posts: 264,353

    Newbie here, please forgive the long post and thanks for the help in advance.

    I have a Traverse lease that is up in 2 months. I owe 700 in leases payments (300/mox2)

    I am looking at 2018 ( I get GMS my dad is a gm retiree) LS or LT 15k/36 zip code 47396.

    I have arrived at the GMS price but are there any other "leases cash" or rebates I can use on the lease. Also what is the MF/RV on 2018 LS? Trying to get the cheapest price I can, don't care about options ect. \

    Also, is there any programs to cover my last 2 payments or would it just be rolled into a new lease.

    FWD or AWD?
    No lease cash on 2018 Traverse, this month

    Why not wait until your current lease is up? I'm not aware of any pull-ahead program, and if the $700 is rolled over into your new lease it would add about $20 to your lease payment.

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  • miked82miked82 Member Posts: 2
    Can I have the RV and MF for the 1LZ, 36/12, both FWD and AWD? North Carolina

    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,612
    miked82 said:

    Can I have the RV and MF for the 1LZ, 36/12, both FWD and AWD? North Carolina

    Thanks!

    .00049 MF and 54% residual
    Either drive

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  • goalie30goalie30 Member Posts: 2
    edited December 2017
    Got a lease offer of $437/mo for 36 month, 10k mile for 2018 Chevy traverse 3LT AWD with first month payment plus taxes & tags due at signing, PA 19026... is this a good offer?
  • MichaellMichaell Moderator Posts: 264,353
    goalie30 said:

    Got a lease offer of $437/mo for 36 month, 10k mile for 2018 Chevy traverse 3LT AWD with first month payment plus taxes & tags due at signing, PA 19026... is this a good offer?

    MSRP?
    Selling price?
    Tax rate?

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  • goalie30goalie30 Member Posts: 2
    Michaell said:
    Got a lease offer of $437/mo for 36 month, 10k mile for 2018 Chevy traverse 3LT AWD with first month payment plus taxes & tags due at signing, PA 19026... is this a good offer?
    MSRP? Selling price? Tax rate?
    Actually got the dealer to lower the payment to $429...MSRP 44,145, SP 40,030, tax rate 6%
  • kyfdxkyfdx Moderator Posts: 267,612
    goalie30 said:


    Michaell said:

    goalie30 said:

    Got a lease offer of $437/mo for 36 month, 10k mile for 2018 Chevy traverse 3LT AWD with first month payment plus taxes & tags due at signing, PA 19026... is this a good offer?

    MSRP?
    Selling price?
    Tax rate?

    Actually got the dealer to lower the payment to $429...MSRP 44,145, SP 40,030, tax rate 6%

    Congrats! Looks good.

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  • bpaul01bpaul01 Member Posts: 12
    Could you provide the MF and RV for 24/10, 36/10, and 39/10 in DFW/TX for both the 2018 Traverse 1LZ and 3LT?
  • MichaellMichaell Moderator Posts: 264,353
    bpaul01 said:

    Could you provide the MF and RV for 24/10, 36/10, and 39/10 in DFW/TX for both the 2018 Traverse 1LZ and 3LT?

    For the 3LT, is that FWD or AWD?

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  • bpaul01bpaul01 Member Posts: 12
    Michaell said:
    Could you provide the MF and RV for 24/10, 36/10, and 39/10 in DFW/TX for both the 2018 Traverse 1LZ and 3LT?
    For the 3LT, is that FWD or AWD?

    FWD on both
  • MichaellMichaell Moderator Posts: 264,353
    bpaul01 said:


    Michaell said:

    bpaul01 said:

    Could you provide the MF and RV for 24/10, 36/10, and 39/10 in DFW/TX for both the 2018 Traverse 1LZ and 3LT?

    For the 3LT, is that FWD or AWD?

    FWD on both

    24/10 - .00075 and 63% (1LZ) or 68% (3LT)
    36/10 - .00049 and 55% (1LZ) or 59% (3LT)
    39/10 - .00049 and 52% (1LZ) or 56% (3LT)

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  • bpaul01bpaul01 Member Posts: 12
    Michaell said:

    bpaul01 said:


    Michaell said:

    bpaul01 said:

    Could you provide the MF and RV for 24/10, 36/10, and 39/10 in DFW/TX for both the 2018 Traverse 1LZ and 3LT?

    For the 3LT, is that FWD or AWD?

    FWD on both
    24/10 - .00075 and 63% (1LZ) or 68% (3LT)
    36/10 - .00049 and 55% (1LZ) or 59% (3LT)
    39/10 - .00049 and 52% (1LZ) or 56% (3LT)

    Hi Michaell, on a 36/10 FWD 3LT I'm being quoted a .0025 MF and 52% RV. Any thoughts on why I'd be getting such a large variance from your numbers? I'm new here so I apologize if the answer is obvious.
  • MichaellMichaell Moderator Posts: 264,353
    bpaul01 said:

    Michaell said:

    bpaul01 said:


    Michaell said:

    bpaul01 said:

    Could you provide the MF and RV for 24/10, 36/10, and 39/10 in DFW/TX for both the 2018 Traverse 1LZ and 3LT?

    For the 3LT, is that FWD or AWD?

    FWD on both
    24/10 - .00075 and 63% (1LZ) or 68% (3LT)
    36/10 - .00049 and 55% (1LZ) or 59% (3LT)
    39/10 - .00049 and 52% (1LZ) or 56% (3LT)
    Hi Michaell, on a 36/10 FWD 3LT I'm being quoted a .0025 MF and 52% RV. Any thoughts on why I'd be getting such a large variance from your numbers? I'm new here so I apologize if the answer is obvious.

    If both the MF and RV are different, I'd think that means the dealer is quoting from a 3rd party bank. We don't have any numbers but those from GM Financial.

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  • bpaul01bpaul01 Member Posts: 12
    Michaell said:

    bpaul01 said:

    Michaell said:

    bpaul01 said:


    Michaell said:

    bpaul01 said:

    Could you provide the MF and RV for 24/10, 36/10, and 39/10 in DFW/TX for both the 2018 Traverse 1LZ and 3LT?

    For the 3LT, is that FWD or AWD?

    FWD on both
    24/10 - .00075 and 63% (1LZ) or 68% (3LT)
    36/10 - .00049 and 55% (1LZ) or 59% (3LT)
    39/10 - .00049 and 52% (1LZ) or 56% (3LT)
    Hi Michaell, on a 36/10 FWD 3LT I'm being quoted a .0025 MF and 52% RV. Any thoughts on why I'd be getting such a large variance from your numbers? I'm new here so I apologize if the answer is obvious.
    If both the MF and RV are different, I'd think that means the dealer is quoting from a 3rd party bank. We don't have any numbers but those from GM Financial.


    Would it have to do with the down-payment? For example, $0 down vs. $2,000 vs $$4,000
  • kyfdxkyfdx Moderator Posts: 267,612
    bpaul01 said:

    Michaell said:

    bpaul01 said:

    Michaell said:

    bpaul01 said:


    Michaell said:

    bpaul01 said:

    Could you provide the MF and RV for 24/10, 36/10, and 39/10 in DFW/TX for both the 2018 Traverse 1LZ and 3LT?

    For the 3LT, is that FWD or AWD?

    FWD on both
    24/10 - .00075 and 63% (1LZ) or 68% (3LT)
    36/10 - .00049 and 55% (1LZ) or 59% (3LT)
    39/10 - .00049 and 52% (1LZ) or 56% (3LT)
    Hi Michaell, on a 36/10 FWD 3LT I'm being quoted a .0025 MF and 52% RV. Any thoughts on why I'd be getting such a large variance from your numbers? I'm new here so I apologize if the answer is obvious.
    If both the MF and RV are different, I'd think that means the dealer is quoting from a 3rd party bank. We don't have any numbers but those from GM Financial.
    Would it have to do with the down-payment? For example, $0 down vs. $2,000 vs $$4,000

    That won't change the money factor or residual

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  • bpaul01bpaul01 Member Posts: 12
    Is this a good lease deal on a FWD 3LT 36/10 in TX? Seems like I should be able to get a better discount off MSRP, right? Is another $3K-$4K off possible?

    MSRP $42,145.00
    Interest Rate 1.18
    Sales Price $40,050.00
    Rebates $4,050.00 (GM Auto Show, GM Bonus, Costco, and Conquest)
    Residual % 59%
    Trade Allow $0.00
    Term 36
    Net SP $36,000.00
    Payment 429.54
    Sales Tax $2,250.00
    Fees $350.00
    Acq. Fee $595.00
    Trade PO $0.00
    Down Payment $0.00
    Net Cap Cost $39,195.00
    Residual Value $24,865.55
    Money Factor 0.00049

    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,612
    bpaul01 said:

    Is this a good lease deal on a FWD 3LT 36/10 in TX? Seems like I should be able to get a better discount off MSRP, right? Is another $3K-$4K off possible?

    MSRP $42,145.00
    Interest Rate 1.18
    Sales Price $40,050.00
    Rebates $4,050.00 (GM Auto Show, GM Bonus, Costco, and Conquest)
    Residual % 59%
    Trade Allow $0.00
    Term 36
    Net SP $36,000.00
    Payment 429.54
    Sales Tax $2,250.00
    Fees $350.00
    Acq. Fee $595.00
    Trade PO $0.00
    Down Payment $0.00
    Net Cap Cost $39,195.00
    Residual Value $24,865.55
    Money Factor 0.00049

    Thanks!

    The calculations are correct.
    All of the charges appear to be correct.
    We don't track pricing. But, as you've noted, that's the only place left to lower the payment. By getting a lower selling price.

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  • amy83181amy83181 Member Posts: 52
    Hello,
    Could you provide the MF and RV for 36/10, and 39/10 in 33321 ft lauderdale fl for both the 2018 Traverse 1LZ and 3LT fwd. 

    thank you in advance!
  • MichaellMichaell Moderator Posts: 264,353
    amy83181 said:

    Hello,
    Could you provide the MF and RV for 36/10, and 39/10 in 33321 ft lauderdale fl for both the 2018 Traverse 1LZ and 3LT fwd. 

    thank you in advance!
    36/10 - .00049 and 55% (1LZ) or 59% (3LT)
    Subtract 3% for 39/10

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  • tchris555tchris555 Member Posts: 36
    Hi guys, MF/RV in NJ for Traverse AWD 1LS 36/10 and 36/12. Any dealer incentives and lease cash.

    Also, do the Edmunds TMV's take into account dealer incentives and/or rebates the previous buyers received or is it pre all of those?
  • kyfdxkyfdx Moderator Posts: 267,612
    tchris555 said:

    Hi guys, MF/RV in NJ for Traverse AWD 1LS 36/10 and 36/12. Any dealer incentives and lease cash.

    Also, do the Edmunds TMV's take into account dealer incentives and/or rebates the previous buyers received or is it pre all of those?

    .00049 MF and 60%/59% residual

    TMV should include dealer incentives, but not consumer rebates.

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  • cristianh2010cristianh2010 Member Posts: 45
    Can you provide the MF and Residual on a 2018 Chevy traverse premier FWD? 36mo 10/12k year and 39mo 10/12k year in Tennessee 
  • kyfdxkyfdx Moderator Posts: 267,612

    Can you provide the MF and Residual on a 2018 Chevy traverse premier FWD? 36mo 10/12k year and 39mo 10/12k year in Tennessee 

    36/12: .00049 MF and 54% residual
    39/12: .00049 MF and 51% residual

    Add 1% for 10K/yr

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  • chrismadechrismade Member Posts: 1
    Hello - noobie question, but am I correct that the MF and residual value is supposed to be the same for vehicles in the same class in the same area (based on trim level, length of lease, number of miles and location)?

    I am looking at a 2018 Traverse AWD 36 month 12K lease. Was told a money factor of .00049 and a 59% residual value (in Brooklyn, NY)

    The terms offered were $2500 down, $350 a month. I'm told the "selling price" is $33,900. This strikes me as not a great deal and I am going to negotiate, but I guess my question is -- where is the room for negotiation? I think it's not the money factor or residual value, so I'm guessing just the selling price, fees, etc.

    Many thanks in advance.
  • kyfdxkyfdx Moderator Posts: 267,612
    chrismade said:

    Hello - noobie question, but am I correct that the MF and residual value is supposed to be the same for vehicles in the same class in the same area (based on trim level, length of lease, number of miles and location)?

    I am looking at a 2018 Traverse AWD 36 month 12K lease. Was told a money factor of .00049 and a 59% residual value (in Brooklyn, NY)

    The terms offered were $2500 down, $350 a month. I'm told the "selling price" is $33,900. This strikes me as not a great deal and I am going to negotiate, but I guess my question is -- where is the room for negotiation? I think it's not the money factor or residual value, so I'm guessing just the selling price, fees, etc.

    Many thanks in advance.

    That is the correct MF and residual for a non-Premier AWD model.
    Correct, you can't negotiate those numbers.

    Of course, to negotiate selling price, etc, you have to know those numbers, along with the MSRP. Ask for the adjusted CAP cost.

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  • aprilmmaprilmm Member Posts: 4
    Hi - can you provide the MF and RV on a Traverse 3LT FWD in Tampa, FL area? Do these rates vary in other areas of Florida? (I’m actually in Lakeland, 1 hour outside of Tampa and Orlando)
    Also, is there anywhere to see what GM Incentives or rebate are available? I’m a current GM lessee in an Acadia, I think there is a Sams Club rebate, possibly GM loyalty cash?

    And last, I know numbers for January aren’t out yet, but I’ve got until January 22 in my current vehicle, trying to decide whether to try and get a deal done before tomorrow or not stress out and leave it for January. Any advice?

    Thanks!
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