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Looking at AWD Premier Demo

rju103rju103 Posts: 10
edited January 2018 in Chevrolet
I have a quick question regarding the pricing with a 2017 AWD Premier Demo in PA.

The demo has approximately 5400 miles on it already. How much should I look to get discounted off of the MSRP due to the high mileage? Also, since it is a 17 and the 18's have been out for a while, do you have any idea on the MF and the residual numbers on a potential lease (12,000 miles per year, 3 year duration)?

Finally, would it make more sense financially to lease or buy this vehicle if I solely based it upon $/month payment? I'd assume a 6 year purchase with minimal cash down vs. the 3 year, 12,000 lease.

Thank you very much

Comments

  • kyfdxkyfdx Posts: 134,700
    rju103 said:

    I have a quick question regarding the pricing with a 2017 AWD Premier Demo in PA.

    The demo has approximately 5400 miles on it already. How much should I look to get discounted off of the MSRP due to the high mileage? Also, since it is a 17 and the 18's have been out for a while, do you have any idea on the MF and the residual numbers on a potential lease (12,000 miles per year, 3 year duration)?

    Finally, would it make more sense financially to lease or buy this vehicle if I solely based it upon $/month payment? I'd assume a 6 year purchase with minimal cash down vs. the 3 year, 12,000 lease.

    Thank you very much

    I don't see any lease programs for the 2017 Traverse, even for a new model.
    You can check with a dealer to see if they can lease it.

    Based just on monthly payment, you usually have to get out to a seven year loan, to match the same payment as a lease.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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