2018 Chevrolet Traverse Lease Deals and Prices

bigirish1981

bigirish1981 said:

Dealership is quoting me 51% for a High Country. The differences seem very confusing. Also, is the 36 month lease an option with these? What would the MF and Residual % be on that all things being the same? Thanks!

Michaell

bigirish1981 said:

bigirish1981 said:

Dealership is quoting me 51% for a High Country. The differences seem very confusing. Also, is the 36 month lease an option with these? What would the MF and Residual % be on that all things being the same? Thanks!

Is the High Country a trim version for the Premier? If so, then 51% is the correct residual.

Dealers cannot mess with the residual values - the contract will be kicked back to them from the bank.

bigirish1981

Michaell said:

bigirish1981 said:

bigirish1981 said:

Dealership is quoting me 51% for a High Country. The differences seem very confusing. Also, is the 36 month lease an option with these? What would the MF and Residual % be on that all things being the same? Thanks!

Is the High Country a trim version for the Premier? If so, then 51% is the correct residual.

Dealers cannot mess with the residual values - the contract will be kicked back to them from the bank.

I do not know if it is a trim version or what. I can't get a straight answer on that. Do you have information on the differences in residual? I thought you stated that Premier is 51% and High Country (HC) is 56%. Thanks

Michaell

bigirish1981 said:

Michaell said:

bigirish1981 said:

bigirish1981 said:

Dealership is quoting me 51% for a High Country. The differences seem very confusing. Also, is the 36 month lease an option with these? What would the MF and Residual % be on that all things being the same? Thanks!

Is the High Country a trim version for the Premier? If so, then 51% is the correct residual.

Dealers cannot mess with the residual values - the contract will be kicked back to them from the bank.

I do not know if it is a trim version or what. I can't get a straight answer on that. Do you have information on the differences in residual? I thought you stated that Premier is 51% and High Country (HC) is 56%. Thanks

Well, the FWD LS and 1/2/3 LT are 56% for 36/15, so that's what I used.

tallison22

I was wondering what the residual value would be for a 2018 Chevy Traverse 3LT 12K

thecode1

Hello, can I have MF and Residual for FWD 3 LT for a 36mo/36kmi in San Diego? Thanks!

kyfdx

tallison22 said:

I was wondering what the residual value would be for a 2018 Chevy Traverse 3LT 12K

FWD or AWD?
How many months?

kyfdx

thecode1 said:

Hello, can I have MF and Residual for FWD 3 LT for a 36mo/36kmi in San Diego? Thanks!

.00054 MF and 58% residual

tallison22

I was wondering what the residual value would be for a 2018 Chevy Traverse 3LT 12K

AWD and 39mo

NY 11710

dwirth3120

Hello,

Looking for MF and RV for 2018 Traverse LS AWD 39/12k and 36/12k in Rhode Island.

Thanks!

gregcutrone

Looking for residual and MF for a 2018 Traverse 1LT with convenience and driver confidence pkg(not sure if that matters) 36mo/12k.. ZIP 11756

Would appreciate numbers for AWD and FWD.

Thanks!

Michaell

tallison22 said:

I was wondering what the residual value would be for a 2018 Chevy Traverse 3LT 12K

AWD and 39mo

NY 11710

.00054 and 56%

Michaell

dwirth3120 said:

Hello,

Looking for MF and RV for 2018 Traverse LS AWD 39/12k and 36/12k in Rhode Island.

Thanks!

.00054 and 56% (39/12) or 59% (36/12)

Michaell

gregcutrone said:

Looking for residual and MF for a 2018 Traverse 1LT with convenience and driver confidence pkg(not sure if that matters) 36mo/12k.. ZIP 11756

Would appreciate numbers for AWD and FWD.

Thanks!

.00054 and 58% (FWD) or 59% (AWD)

PF_Flyer

A Wall Street Journal reporter is hoping to find a recent buyer that would be willing to talk about their experience at the dealership, specifically about how/if the salesperson explained car safety systems during the purchase process. She's hoping to ask a few questions about how the dealer explained the ADAS package, tried to sell it to them, demonstrated how it worked, etc. Please send a note to pr@edmunds.com by next Friday 2/23/18

bigirish1981

Need info on Traverse Premier AWD, 39m/12mk - 36m/12k. Resid and MF. Thanks.

Also, dealership quoting me $529 plus tax on AWD 3LT, MSRP $46,390, selling price $43,419. $0 down. Your thoughts?

Thanks!

kyfdx

bigirish1981 said:

Need info on Traverse Premier AWD, 39m/12mk - 36m/12k. Resid and MF. Thanks.

Also, dealership quoting me $529 plus tax on AWD 3LT, MSRP $46,390, selling price $43,419. $0 down. Your thoughts?

Thanks!

.00054 MF and 54%/51% residual for 36/39 mo, 12K/yr

Residuals on the 3LT are 5% higher than the Premier.
The payment on the 3LT will be a lot lower than on a Premier.

Don't know your tax rate, or where you live, but the 3LT quote looks like it could be about right. If you can live with that trim, you'll save thousands over the life of the lease, compared to a Premier.

bigirish1981

kyfdx said:

bigirish1981 said:

Need info on Traverse Premier AWD, 39m/12mk - 36m/12k. Resid and MF. Thanks.

Also, dealership quoting me $529 plus tax on AWD 3LT, MSRP $46,390, selling price $43,419. $0 down. Your thoughts?

Thanks!

.00054 MF and 54%/51% residual for 36/39 mo, 12K/yr

Residuals on the 3LT are 5% higher than the Premier.
The payment on the 3LT will be a lot lower than on a Premier.

Don't know your tax rate, or where you live, but the 3LT quote looks like it could be about right. If you can live with that trim, you'll save thousands over the life of the lease, compared to a Premier.

Thanks. Live in NE - so rate is 7% on the lease base. I can live with that trim, but my wife is another story...

We are leasing a similar priced GMC Acadia Denali from 2015 and are paying that same price with tax now. Leasing has gone up in price over the past few years, especially for SUV's, in my opinion.

Thanks

kyfdx

bigirish1981 said:

kyfdx said:

bigirish1981 said:

Need info on Traverse Premier AWD, 39m/12mk - 36m/12k. Resid and MF. Thanks.

Also, dealership quoting me $529 plus tax on AWD 3LT, MSRP $46,390, selling price $43,419. $0 down. Your thoughts?

Thanks!

.00054 MF and 54%/51% residual for 36/39 mo, 12K/yr

Residuals on the 3LT are 5% higher than the Premier.
The payment on the 3LT will be a lot lower than on a Premier.

Don't know your tax rate, or where you live, but the 3LT quote looks like it could be about right. If you can live with that trim, you'll save thousands over the life of the lease, compared to a Premier.

Thanks. Live in NE - so rate is 7% on the lease base. I can live with that trim, but my wife is another story...

We are leasing a similar priced GMC Acadia Denali from 2015 and are paying that same price with tax now. Leasing has gone up in price over the past few years, especially for SUV's, in my opinion.

Thanks

The new Traverse lease program is definitely not that great. But, it's a "new" model. In another year, the leases will probably be better.

No way I'd lease a Premier.... not with that program.

garagemahal

Looking for residual and MF in MN (55113) for 36, 39, and 48 month lease on a 1LT cloth AWD.
Also considering a 3LT AWD if you I can trouble you for those as well.

Low miles 10 or 12K

Thanks
jta

Michaell

garagemahal said:

Looking for residual and MF in MN (55113) for 36, 39, and 48 month lease on a 1LT cloth AWD.
Also considering a 3LT AWD if you I can trouble you for those as well.

Low miles 10 or 12K

Thanks
jta

1LT and 3LT share the same program numbers

36/12 - .00054 and 59%
39/12 - .00054 and 56%
48/12 - .00084 and 49%

Add 1% for 10K

questionplease

Good Afternoon.

Could you please provide MF and RV for 36 month/12k miles in NC on the 2018 Traverse in 3LT and 1LZ trims?

Any current incentive program info would be appreciated also.


Many thanks.

kyfdx

questionplease said:

Good Afternoon.

Could you please provide MF and RV for 36 month/12k miles in NC on the 2018 Traverse in 3LT and 1LZ trims?

Any current incentive program info would be appreciated also.


Many thanks.

.00054 MF
1LZ: 54% residual
3LT: 58%/59% residual for FWD/AWD

No incentive info.

johnnyb311

Good afternoon!

Can I please have MF and Residual for AWD 3 LS for a 36mo/12K lease in NJ?  Are there any lease rebates or incentives? Thanks!

kyfdx

johnnyb311 said:

Good afternoon!

Can I please have MF and Residual for AWD 3 LS for a 36mo/12K lease in NJ?  Are there any lease rebates or incentives? Thanks!

.00054 MF and 59% residual
No lease cash
There may be other incentives, but we don't have that information

glepre44

johnnyb311 said:

Good afternoon!

Can I please have MF and Residual for AWD 3 LS for a 36mo/12K lease in NJ?  Are there any lease rebates or incentives? Thanks!

I believe there is $750 cash on lease or finance along with $1000 lease loyalty.

cenglish1

Hi- Looking for MF and residual for '18 Traverse FWD LT w/comfort and convenience. 36 months 15K and 12K miles. Zip is 08075. Thanks

kyfdx

cenglish1 said:

Hi- Looking for MF and residual for '18 Traverse FWD LT w/comfort and convenience. 36 months 15K and 12K miles. Zip is 08075. Thanks

.00054 MF and 56%/58% residual

cenglish1

Could you give the lesser MF tiers for the 18 Traverse LT. thanks 

kyfdx

cenglish1 said:

Could you give the lesser MF tiers for the 18 Traverse LT. thanks 

Sorry, but we don't have lower tier information for GM Financial.

bigirish1981

OK. I got the following deal from my local chevy dealer.

2018 Traverse AWD Premier.
36m, 12k/yr lease
MSRP: $53,920
Sales Price: $50,133 less $2,000 in Rebates then assigned to dealer (loyalty and flex)
MF: .00054
Residual Appears to be 54% as Residual Amount listed as $28,776.60

Payment is $630.65 per month for 35 months. 1st payment split between me and dealer ($315 each), $179 doc fee paid by dealer, $100 paid by dealer toward their install of black bowties ($195 installed option).

What do you think?

kyfdx

bigirish1981 said:

OK. I got the following deal from my local chevy dealer.

2018 Traverse AWD Premier.
36m, 12k/yr lease
MSRP: $53,920
Sales Price: $50,133 less $2,000 in Rebates then assigned to dealer (loyalty and flex)
MF: .00054
Residual Appears to be 54% as Residual Amount listed as $28,776.60

Payment is $630.65 per month for 35 months. 1st payment split between me and dealer ($315 each), $179 doc fee paid by dealer, $100 paid by dealer toward their install of black bowties ($195 installed option).

What do you think?

.00054 MF and 54% residual is correct
But, your MSRP is $53,290, not $53,920

What is your state and tax rate?

bigirish1981

kyfdx said:

bigirish1981 said:

OK. I got the following deal from my local chevy dealer.

2018 Traverse AWD Premier.
36m, 12k/yr lease
MSRP: $53,920
Sales Price: $50,133 less $2,000 in Rebates then assigned to dealer (loyalty and flex)
MF: .00054
Residual Appears to be 54% as Residual Amount listed as $28,776.60

Payment is $630.65 per month for 35 months. 1st payment split between me and dealer ($315 each), $179 doc fee paid by dealer, $100 paid by dealer toward their install of black bowties ($195 installed option).

What do you think?

.00054 MF and 54% residual is correct
But, your MSRP is $53,290, not $53,920

What is your state and tax rate?

You are right on MSRP I screwed that up.

Tax rate is 5.5%.

kyfdx

bigirish1981 said:

kyfdx said:

bigirish1981 said:

OK. I got the following deal from my local chevy dealer.

2018 Traverse AWD Premier.
36m, 12k/yr lease
MSRP: $53,920
Sales Price: $50,133 less $2,000 in Rebates then assigned to dealer (loyalty and flex)
MF: .00054
Residual Appears to be 54% as Residual Amount listed as $28,776.60

Payment is $630.65 per month for 35 months. 1st payment split between me and dealer ($315 each), $179 doc fee paid by dealer, $100 paid by dealer toward their install of black bowties ($195 installed option).

What do you think?

.00054 MF and 54% residual is correct
But, your MSRP is $53,290, not $53,920

What is your state and tax rate?

You are right on MSRP I screwed that up.

Tax rate is 5.5%.

If I use $48,133 for the adjusted CAP, I get $580/mo.+tax.
But, I don't know what else is rolled in (acquisition fee, etc?)
Calculations are probably pretty close, if we had the adjusted CAP cost number.

bigirish1981

Adjusted CAP is $48,783. Probably includes the acquisition fee charged of $650.

What do you think? Opinion?

kyfdx

bigirish1981 said:

Adjusted CAP is $48,783. Probably includes the acquisition fee charged of $650.

What do you think? Opinion?

Looks like $597/mo.+tax.

So, calculations are good.. we have no idea what these sell for, however. That part is all up to you.

3melo1980

I'm in NC. Which trim has the best residual right now and what are the numbers at 24 and 36 months with 12k? Thanks

Michaell

3melo1980 said:

I'm in NC. Which trim has the best residual right now and what are the numbers at 24 and 36 months with 12k? Thanks

FWD or AWD?

LS and LT have the best residuals.

sssick

Can I have the MF and RV for the Premier AWD 36/10 and 36/12? 10309

Thanks!

gregcutrone

Hi Gentlemen,

Just got back from the dealer and the following was offered to me on a 2018 Traverse 1LT AWD 36mo/12k lease: $419/mo $2811 due at signing plus DMV fees(New York, was told the DMV fees would be around $200 total). When I asked what the $2811 included I was told Bank fee($650) First months payment($419) and taxes(NY 8.875%). I believe the offer was high, but I would like to know what I should go back to them with.

He told me the MSRP is $39,895. When I asked him what the sale price was he told me the "supplier price" was $38,250 due to an educator discount. He also mentioned a rebate of $3,250. I also have 2 months payments of our prior lease @$309/mo outstanding.


This is my first time trying to calculate a lease so please correct me if/where I am wrong.
MSRP- 39,895

Adj CAP cost -38,250 - 3,250(rebate)= 35,000 (Do I add the $618 outstanding lease payments here? Do I subtract any or all of the $2811 due at signing?)

Residual value- Dealer stated it was 56%, however you guys said it was 59%. Unsure what is correct.

MF- when I inquired here at the end of Feb. it was .00054

One of the many parts that is confusing me is the taxes portion of the money due at signing. After taking out the bank fee($650) and 1st payment($419) that leaves $1742 in taxes which I was told was for the lease payments and rebate.

I hope this is enough information and clear enough to make sense out of. Appreciate all the help you guys give on this site.

glepre44

Are the MF and residuals the same this month for the LS and LT AWD?

Also are there any new incentives?

jonny51

Can I get the Money factor and residual for a 36/15 1LT

tmacbook

Looking for MF and RV for 1LT and 3LT with and without AWD 36/15k. Also are there any current incentives? Educator? Lease conquest? Zip is 43035. Thanks!

walterb1

Please let me know the MF and Residual for a MY18 Traverse AWD 1LT24 month 18K detroit

glepre44

I have asked this question in the past but I don’t think I was clear enough in my wording. Hoping someone can clarify this for me. 

I received a specialized price quote for a 2018 Traverse and brought this with me to the dealer. When they looked at it they told me the price was for a purchase and not for lease. Nowhere on the quote did it specify purchase only. The quote simply stated “Subtotal before Dealer Fees & Accessories” along with the price. The cash and incentives were NOT specific to Financing. 

My question is: Excluding the various cash and incentives that can be specific to leasing or financing, can there every be two different selling prices (lease or finance)? Seems to me that I had a great price quote and the dealer was just trying to up the ante. 

Any comments?

kyfdx

sssick said:

Can I have the MF and RV for the Premier AWD 36/10 and 36/12? 10309

Thanks!

.00073 MF and 55%/54% residual

kyfdx

glepre44 said:

Are the MF and residuals the same this month for the LS and LT AWD?

Also are there any new incentives?

.00073 MF and 57% residual for 36/15
Either trim

No incentive info.

kyfdx

jonny51 said:

Can I get the Money factor and residual for a 36/15 1LT

.00073 MF and 57%/56% residual for AWD/FWD

kyfdx

tmacbook said:

Looking for MF and RV for 1LT and 3LT with and without AWD 36/15k. Also are there any current incentives? Educator? Lease conquest? Zip is 43035. Thanks!

.00073 MF and 57%/56% residual for AWD/FWD

No incentive info.

kyfdx

walterb1 said:

Please let me know the MF and Residual for a MY18 Traverse AWD 1LT24 month 18K detroit

24/15: .00099 MF and 65% residual

Don't have the info on how miles above 15K/yr might lower the residual