2018 Chevrolet Traverse Lease Deals and Prices

Michaell · August 2017

Ask your 2018 Traverse lease questions here! Get info about prices, money factor, deals, incentives, and payments.

Check out the 2018 Chevrolet Traverse here.

ebdebd · August 2017

Hello,
I was wondering if you received the MF and residual for the 2018 Traverse LT? I am looking for numbers for 24/36/39 month lease with 12,000 miles per year. Thanks in advance.

Michaell · August 2017

ebdebd said:
Hello,
I was wondering if you received the MF and residual for the 2018 Traverse LT? I am looking for numbers for 24/36/39 month lease with 12,000 miles per year. Thanks in advance.

The programs issued in July are still in effect; there were no 2018 Traverse numbers included.

Doesn't mean that GM won't update the programs in August; we just haven't seen that information yet.

lsughost · August 2017

Is there any information out on the 2018 Traverse yet? I got an offer from a dealer with a 58% residual on 36/12 but that seems low for a new model and is surprisingly close to a 2017. I'm thinking they are using 2017 data. MF appears to be around 0.00115 which also seems high compared to acadia.

Michaell · August 2017

lsughost said:
Is there any information out on the 2018 Traverse yet? I got an offer from a dealer with a 58% residual on 36/12 but that seems low for a new model and is surprisingly close to a 2017. I'm thinking they are using 2017 data. MF appears to be around 0.00115 which also seems high compared to acadia.

No 2018 Traverse numbers, this month.

mflocr74 · August 2017

Hello Michaell -

Any numbers on new Chevy 2018 Traverse? MF and RV for Premiere and Highcountry 39 months 12k miles and or 10k miles. I'm getting prepared to lease another car as my current GMC Acadia lease is expiring 11/16/2017. Do you expect RV to be high for the new redesigned model? Also, I keep getting contacted for "pull ahead" program offers. Is it generally better to ride out the lease?

Thank you!!!

kyfdx · August 2017

mflocr74 said:
Hello Michaell -

Any numbers on new Chevy 2018 Traverse? MF and RV for Premiere and Highcountry 39 months 12k miles and or 10k miles. I'm getting prepared to lease another car as my current GMC Acadia lease is expiring 11/16/2017. Do you expect RV to be high for the new redesigned model? Also, I keep getting contacted for "pull ahead" program offers. Is it generally better to ride out the lease?

Thank you!!!

.00055 MF and 51% residual for 39/12.

lsughost · August 2017

Thank you!!!

.00055 MF and 51% residual for 39/12.

Does this mean you guys have numbers on 2018 Traverses now? If so, can you please provide MF, Residual, and lease cash for a 2018 LTC - FWD - 36/12 in New Orleans?

Michaell · August 2017

lsughost said:

Thank you!!!

.00055 MF and 51% residual for 39/12.

Does this mean you guys have numbers on 2018 Traverses now? If so, can you please provide MF, Residual, and lease cash for a 2018 LTC - FWD - 36/12 in New Orleans?

.00055 and 58%

richmusch · August 2017

Can I get the following, 36/39/48 Premier AWD in Ohio, 15k miles.

kyfdx · August 2017

richmusch@hotmail.com said:
Can I get the following, 36/39/48 Premier AWD in Ohio, 15k miles.

.00055 MF and 52% residual
.00055 MF and 49% residual
.00085 MF and 44% residual

hagan16 · August 2017

Hi, I'm looking for the MF and Residual on the 2018 Traverse LT and LZ AWD, 39/10 in southern NJ..thanks

mklease · August 2017

Looking for

36/10K for AWD Premier and AWD High Country in NY.

Thanks

Michaell · August 2017

mklease said:
Looking for

36/10K for AWD Premier and AWD High Country in NY.

Thanks

.00055 and 55% for both

Michaell · August 2017

hagan16 said:
Hi, I'm looking for the MF and Residual on the 2018 Traverse LT and LZ AWD, 39/10 in southern NJ..thanks

.00055 and 57% (LT) or 52% (LT)

laubster · August 2017

what are the residual and MF on an AWD Premier 24/15 and 24/12 in Detroit?

kyfdx · August 2017

laubster said:
what are the residual and MF on an AWD Premier 24/15 and 24/12 in Detroit?

.00080 MF and 61%/62% residual

mflocr74 · August 2017

Just got quoted by dealer in NJ .....2018 Traverse AWD Premiere lease 39 months 12k miles $2k cash down....$49400 MSRP $599 a month....Any thoughts?

Michaell · August 2017

mflocr74 said:
Just got quoted by dealer in NJ .....2018 Traverse AWD Premiere lease 39 months 12k miles $2k cash down....$49400 MSRP $599 a month....Any thoughts?

.00055 and 51%

What is the selling price or adjusted cap cost?

What does the $2000 cover?

mflocr74 · August 2017

Michaell said:

mflocr74 said:
Just got quoted by dealer in NJ .....2018 Traverse AWD Premiere lease 39 months 12k miles $2k cash down....$49400 MSRP $599 a month....Any thoughts?
.00055 and 51%

What is the selling price or adjusted cap cost?

What does the $2000 cover?

Didn't get the Net Cap Cost but salesmen said $2k was cash due at signing and $599 was monthly payment with taxes included. The dealer did mention the car to new that they are using last years model RV's as a baseline

mflocr74 · August 2017

Michaell said:

hagan16 said:
Hi, I'm looking for the MF and Residual on the 2018 Traverse LT and LZ AWD, 39/10 in southern NJ..thanks
.00055 and 57% (LT) or 52% (LT)

In general would the higher line LZ (Premier) have a lower RV then LT and why so? Is that the case for most car maker models?

Michaell · August 2017

mflocr74 said:

Michaell said:

mflocr74 said:
Just got quoted by dealer in NJ .....2018 Traverse AWD Premiere lease 39 months 12k miles $2k cash down....$49400 MSRP $599 a month....Any thoughts?
.00055 and 51%

What is the selling price or adjusted cap cost?

What does the $2000 cover?
Didn't get the Net Cap Cost but salesmen said $2k was cash due at signing and $599 was monthly payment with taxes included. The dealer did mention the car to new that they are using last years model RV's as a baseline

Hard to evaluate without all the details - if they continue to be evasive, it may be time to find another dealer.

The residual is established by the bank and the dealer cannot alter it.

Michaell · August 2017

mflocr74 said:

Michaell said:

hagan16 said:
Hi, I'm looking for the MF and Residual on the 2018 Traverse LT and LZ AWD, 39/10 in southern NJ..thanks
.00055 and 57% (LT) or 52% (LT)
In general would the higher line LZ (Premier) have a lower RV then LT and why so? Is that the case for most car maker models?

Yes, higher trim levels generally have lower residuals - the tech on those trims tend to become obsolete quicker.

Not true for all makes, but most.

mflocr74 · August 2017

Hello -

2018 3LT AWD NJ 07712

MSRP - $46,070

Selling Price/Cap Cost - $44,687

Net Cap - ?

Term - 36 months 12K miles

RV - 59%

MF - .00055

Payment w/ taxes $495

$2k Out of pocket (However the Itemized doesn't add up)

$500 Cap Reduction Money Down
$495 1st Payment
$395 Doc Fee ( Garbage Fee)
$7.50 Tire and Tax
$8.95 DMV Access Fee
$329 Plates

Thoughts please?

kyfdx · August 2017

mflocr74 said:
Hello -

2018 3LT AWD NJ 07712

MSRP - $46,070

Selling Price/Cap Cost - $44,687

Net Cap - ?

Term - 36 months 12K miles

RV - 59%

MF - .00055

Payment w/ taxes $495

$2k Out of pocket (However the Itemized doesn't add up)

$500 Cap Reduction Money Down
$495 1st Payment
$395 Doc Fee ( Garbage Fee)
$7.50 Tire and Tax
$8.95 DMV Access Fee
$329 Plates

Thoughts please?

I confirm .00055 MF and 59% residual

I get $526/mo. with that sale price.
Don't see the acquisition fee in there anywhere.
Maybe that's not the selling price, but the adjusted CAP cost?

Either way, it's off. Need to find out the actual selling price and adjusted CAP cost.
Payment is actually less than the numbers show.

mflocr74 · August 2017

kyfdx said:

mflocr74 said:
Hello -

2018 3LT AWD NJ 07712

MSRP - $46,070

Selling Price/Cap Cost - $44,687

Net Cap - ?

Term - 36 months 12K miles

RV - 59%

MF - .00055

Payment w/ taxes $495

$2k Out of pocket (However the Itemized doesn't add up)

$500 Cap Reduction Money Down
$495 1st Payment
$395 Doc Fee ( Garbage Fee)
$7.50 Tire and Tax
$8.95 DMV Access Fee
$329 Plates

Thoughts please?
I confirm .00055 MF and 59% residual

I get $526/mo. with that sale price.
Don't see the acquisition fee in there anywhere.
Maybe that's not the selling price, but the adjusted CAP cost?

Either way, it's off. Need to find out the actual selling price and adjusted CAP cost.
Payment is actually less than the numbers show.

UPDATE

Of course when I went back to dealer the monthly payment now changed to $507.83 (which includes taxes) because finance manager who has been around for 30 yrs made an "error".

Selling Price of $44,697

Net Cap Cost - $44,052

Acquisition fee - $595

Cash Cap Reduction down of $723.45 + Inception Fees previously stated

Thoughts?

kyfdx · August 2017

mflocr74 said:

kyfdx said:

mflocr74 said:
Hello -

2018 3LT AWD NJ 07712

MSRP - $46,070

Selling Price/Cap Cost - $44,687

Net Cap - ?

Term - 36 months 12K miles

RV - 59%

MF - .00055

Payment w/ taxes $495

$2k Out of pocket (However the Itemized doesn't add up)

$500 Cap Reduction Money Down
$495 1st Payment
$395 Doc Fee ( Garbage Fee)
$7.50 Tire and Tax
$8.95 DMV Access Fee
$329 Plates

Thoughts please?
I confirm .00055 MF and 59% residual

I get $526/mo. with that sale price.
Don't see the acquisition fee in there anywhere.
Maybe that's not the selling price, but the adjusted CAP cost?

Either way, it's off. Need to find out the actual selling price and adjusted CAP cost.
Payment is actually less than the numbers show.
UPDATE

Of course when I went back to dealer the monthly payment now changed to $507.83 (which includes taxes) because finance manager who has been around for 30 yrs made an "error".

Selling Price of $44,697

Net Cap Cost - $44,052

Acquisition fee - $595

Cash Cap Reduction down of $723.45 + Inception Fees previously stated

Thoughts?

So.. $44052 isn't the net cap, but $44052 minus $723.45?
If so, I get $487/mo.+tax.

mflocr74 · August 2017

kyfdx said:

mflocr74 said:

kyfdx said:

mflocr74 said:
Hello -

2018 3LT AWD NJ 07712

MSRP - $46,070

Selling Price/Cap Cost - $44,687

Net Cap - ?

Term - 36 months 12K miles

RV - 59%

MF - .00055

Payment w/ taxes $495

$2k Out of pocket (However the Itemized doesn't add up)

$500 Cap Reduction Money Down
$495 1st Payment
$395 Doc Fee ( Garbage Fee)
$7.50 Tire and Tax
$8.95 DMV Access Fee
$329 Plates

Thoughts please?
I confirm .00055 MF and 59% residual

I get $526/mo. with that sale price.
Don't see the acquisition fee in there anywhere.
Maybe that's not the selling price, but the adjusted CAP cost?

Either way, it's off. Need to find out the actual selling price and adjusted CAP cost.
Payment is actually less than the numbers show.
UPDATE

Of course when I went back to dealer the monthly payment now changed to $507.83 (which includes taxes) because finance manager who has been around for 30 yrs made an "error".

Selling Price of $44,697

Net Cap Cost - $44,052

Acquisition fee - $595

Cash Cap Reduction down of $723.45 + Inception Fees previously stated

Thoughts?

So.. $44052 isn't the net cap, but $44052 minus $723.45?
If so, I get $487/mo.+tax.

Correct. $44052 - $723.45 + NJ Tax (6.875%) ?

kyfdx · August 2017

mflocr74 said:

kyfdx said:

mflocr74 said:

kyfdx said:

mflocr74 said:
Hello -

2018 3LT AWD NJ 07712

MSRP - $46,070

Selling Price/Cap Cost - $44,687

Net Cap - ?

Term - 36 months 12K miles

RV - 59%

MF - .00055

Payment w/ taxes $495

$2k Out of pocket (However the Itemized doesn't add up)

$500 Cap Reduction Money Down
$495 1st Payment
$395 Doc Fee ( Garbage Fee)
$7.50 Tire and Tax
$8.95 DMV Access Fee
$329 Plates

Thoughts please?
I confirm .00055 MF and 59% residual

I get $526/mo. with that sale price.
Don't see the acquisition fee in there anywhere.
Maybe that's not the selling price, but the adjusted CAP cost?

Either way, it's off. Need to find out the actual selling price and adjusted CAP cost.
Payment is actually less than the numbers show.
UPDATE

Of course when I went back to dealer the monthly payment now changed to $507.83 (which includes taxes) because finance manager who has been around for 30 yrs made an "error".

Selling Price of $44,697

Net Cap Cost - $44,052

Acquisition fee - $595

Cash Cap Reduction down of $723.45 + Inception Fees previously stated

Thoughts?

So.. $44052 isn't the net cap, but $44052 minus $723.45?
If so, I get $487/mo.+tax.
Correct. $44052 - $723.45 + NJ Tax (6.875%) ?

Yes.. pretty close. NJ taxes depreciation and collects it upfront, so not sure of the exact tax number.

sdhinton255 · August 2017

MF and residual for 2018 Traverse 3lt FWD in Atlanta Georgia. 36/12

thanks in advance!

Michaell · August 2017

sdhinton255 said:
MF and residual for 2018 Traverse 3lt FWD in Atlanta Georgia. 36/12

thanks in advance!

.00055 and 58%

jspang20 · August 2017

morning. Do you have MF and residual for 2018 Traverse Premier FWD in Los Angeles? 36/12

Michaell · August 2017

jspang20 said:
morning. Do you have MF and residual for 2018 Traverse Premier FWD in Los Angeles? 36/12

.00055 and 54%

marieroselli · September 2017

Do you have MF and residual for 2018 Traverse Premier AWD in NJ? Or LT. 36 months 15,000 miles. Also 12,000 miles

Michaell · September 2017

marieroselli said:
Do you have MF and residual for 2018 Traverse Premier AWD in NJ? Or LT. 36 months 15,000 miles. Also 12,000 miles

.00055 and 52% / 54%

skil · September 2017

Hello. Could you please provide the MF and RV for a 2018 Traverse AWD Premier with 15,000 miles for 36 or 24 months in MI?

Do you get information about monthly rebates and promotions from GM/Chevy for the Traverse? If so, do you know what deals are coming up in September?

Thanks!

Michaell · September 2017

skil said:
Hello. Could you please provide the MF and RV for a 2018 Traverse AWD Premier with 15,000 miles for 36 or 24 months in MI?

Do you get information about monthly rebates and promotions from GM/Chevy for the Traverse? If so, do you know what deals are coming up in September?

Thanks!

24/15 - .00080 and 61%
36/15 - .00055 and 52%

Our sources are confidential.

a2dajcali · September 2017

Hello,

Can you provide the MF and RV for 2018 Chevy Traverse Premier FWD in Los Angeles/ Orange County for both 24/15k and 36/15k?

Thank you much in advance!

a2dajcali · September 2017

Hello,
Can you please provide the MF and RV on a 2018 Chevy Traverse Premiser FWD in Los Angeles/ Orange County for 24/15k and 36/15k?

Thank you much in advance!

Michaell · September 2017

a2dajcali said:
Hello,

Can you provide the MF and RV for 2018 Chevy Traverse Premier FWD in Los Angeles/ Orange County for both 24/15k and 36/15k?

Thank you much in advance!

24/15 - .00080 and 61%
36/15 - .00055 and 52%

richmusch · September 2017

Any updates for September for the better or worse? 36/39/48 Premier AWD in Ohio, 15k miles. Any lease cash?

Michaell · September 2017

richmusch@hotmail.com said:
Any updates for September for the better or worse? 36/39/48 Premier AWD in Ohio, 15k miles. Any lease cash?

.00055 and 52% (36/15) or 49% (39/15)
.00085 and 44% (48/15)
No lease cash

iahawk20 · September 2017

Can you provide the MF and RV for 2018 Chevy Traverse Premier AWD in Iowa for both 24/15k and 36/15k?

Michaell · September 2017

iahawk20 said:
Can you provide the MF and RV for 2018 Chevy Traverse Premier AWD in Iowa for both 24/15k and 36/15k?

.00080 and 61%
.00055 and 52%

rroth22 · September 2017

Need residual for 2018 Traverse High Country, 10k miles per year in Michigan. What is MF? and how does that factor into my lease. We are GM and qualify for lease roll-over rebate, but still having trouble understanding why dealerships all have different payments. Shouldn't they all be the same?

kyfdx · September 2017

rroth22 said:
Need residual for 2018 Traverse High Country, 10k miles per year in Michigan. What is MF? and how does that factor into my lease. We are GM and qualify for lease roll-over rebate, but still having trouble understanding why dealerships all have different payments. Shouldn't they all be the same?

.00055 MF and 60% residual for 36/10.

You have to negotiate the sale price of the vehicle. Different dealers have different prices, because they are selling you the vehicle for different prices. It's a free market.

The money factor is used to calculate the finance charge portion of the lease payment.
.00055 is roughly equivalent to 1.32% APR

franti3 · September 2017

Hi -

I'm for the MF and RV on the following models:

AWD High Country in NY, 36/12 & 36/10.

Thanks in advance.

Eric

kyfdx · September 2017

franti3 said:
Hi -

I'm for the MF and RV on the following models:

AWD High Country in NY, 36/12 & 36/10.

Thanks in advance.

Eric

.00055 MF and 55%/54% residual

franti3 · September 2017

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.

sjessie56 · September 2017

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

kyfdx · September 2017

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

2018 Chevrolet Traverse Lease Deals and Prices

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