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Chevrolet Traverse Lease Questions

245 messages,  Last post on Jun 15, 2013 at 7:58 AM

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What is this discussion about? Chevrolet Traverse, Car Buying, Car Leasing, SUV

    

Messages Page 20 of 25

#189 of 245 Re: Lease for 39 months [Car_man] traverse [lar7106] [Car_man] by brock811

Jun 19, 2012 (7:20 am)

Replying to: Car_man (Jun 18, 2012 4:49 pm)
I'm looking at some advertised Traverse LS lease deals and wondering if there's a chance to do any better. Is the $249/mo 24 mo lease deal for a vehicle at MSRP or does it already assume the dealer will be selling the truck at or near invoice. MSRP is $30,335 and invoice is $28,860. I've also seen a pretty cheap 39 mo lease with 10K/yr advertised. Can you share the residual and rates for 24, 36, and 39 mos?
 
Also, does anyone know if the $1000 Saturn loyalty cash and/or $2000 non-gm lease cash could be added to the deal to make it better?
 
Thanks!

#190 of 245 Re: Lease for 39 months [Car_man] traverse [lar7106] [Car_man] [brock811] by ochosi1

Jun 27, 2012 (4:09 pm)

Replying to: brock811 (Jun 19, 2012 7:20 am)
Hi Brock811
 
Any luck on the residuals and mf for the traverse? ANYONE???
 
I spoke to a local dealer and they told me the 39 month is the best payment. Also the loyalty cash and non-gm lease cash IS combinable and can be applied to the deal to make it better.
 
Ochosi1

#191 of 245 Re: Lease for 39 months [Car_man] traverse [lar7106] [Car_man] [brock811] [ochosi1] by Car_man HOST

Jul 02, 2012 (3:13 pm)

Replying to: ochosi1 (Jun 27, 2012 4:09 pm)
Hi Ochosi1. Ally's 39-month base lease rate and residual value for a 39-month lease of a 2012 Chevrolet Traverse LS AWD with 15,000 miles per year are 1.0% and 46%, respectively.
 
In addition to the $2,000 conquest cash that you mentioned, General Motors is providing a $4,725 cash incentive on 39-month leases of this truck through Ally. I doubt that the $1,000 Saturn and $2,000 conquest offers can be combined, but it doesn't hurt to ask.
 
GM is scheduled to publish new July programs some time tomorrow.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#192 of 245 Re: Lease for 39 months [Car_man] traverse [lar7106] [Car_man] [brock811] [ochosi1] [Car_man] by ochosi1

Jul 09, 2012 (4:53 am)

Replying to: Car_man (Jul 02, 2012 3:13 pm)
Thank you!
 
I was able to combine the conquest cash with the rebate. My deal is 39/12000
$288 + tax, sign and drive.
 
That was for June. Not sure they are offering the same deal for July. Does anyone know?

#193 of 245 Re: Lease for 39 months [Car_man] traverse [lar7106] [Car_man] [brock811] [ochosi1] [Car_man] [ochosi1] by Car_man HOST

Jul 19, 2012 (4:30 pm)

Replying to: ochosi1 (Jul 09, 2012 4:53 am)
Congratulations on getting a good deal on your new Traverse, lar7106. Thanks for letting us all know how everything turned out.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#195 of 245 Traverse lease using GM Family First Discount by amomonthego

Jul 25, 2012 (11:39 am)

Car_man;
 
I am looking at leasing a 2012 traverse 1LT possibly 2LT. I qualify for the GM Family First discount and GMFF recently posted lease deals.
 
 https://www.gmfamilyfirst.com/GMVPP2/agency/programs/emp/GM-Lease-Offer-Flyer.pd- f
 
The LS is listed at $189 month with $189 down plus DMV and bank fees for 24 months with 20k total miles. The dealer told me if I go with 1LT, it would be about $40 more per month. Does that sound about right? What Is the avg money factor and current residual for the 1LT right now? Am I also able to increase the mileage allowance to say 12k per year? How is the additional mileage charge calculated?
 
I currently lease a 2011 Honda Pilot 4WD Touring for $700/ mo (ouch) and it guzzles gas like nobodies business. I work from home and still spend $300-$500 in gas per month. This is the reasoning am looking for a cheaper car payment with a Traverse as I am already used to the gas factor. I can do without all the bells and whistles that I have in the Honda.
 
I have taken the car to a few dealers and have been told they would give me roughly $31,000 (23,000 miles) and the current payoff is $34,225 so the rest would have to roll over into my new payment. How much am I looking at adding to any payment for say $3200 added?
 
Thank you for your input!
 
Jennifer

#196 of 245 Lease stuff by 62vette

Jul 25, 2012 (8:08 pm)

I have seen the following on TV and on chevyoffers.com. Do you think this prices will be matched locally for people looking for these? The adds are in NY, I am in CA. These prices seem good, any thoughts?
 
2012 Traverse FWD LS
Low Mileage Lease Example for very well qualified Non-GM Owners and Lessees.
$199 per month* for 24 months
$749 due at lease signing.
Includes security deposit.
Includes all applicable offers.
(Tax, title, license, dealer fees extra). Residency restrictions apply.
  
*Example based on national average selling vehicle price. Each dealer sets own price. Your payments may vary. Payments are for a 2012 Chevrolet Traverse FWD LS with an MSRP of $29,490.12. 24 monthly payments total $4,769. Option to purchase at lease end for an amount to be determined at lease signing., plus $350 or turn in vehicle and pay a $395 termination fee. Lessor must approve lease. Take delivery by 09-04-2012. Mileage charge of $.20 /mile over 24,000 miles. Lessee pays for maintenance, repair and excess wear. Payments may be higher in some states. Not available with other offers. Residency restrictions apply.

#197 of 245 Re: Traverse lease using GM Family First Discount [amomonthego] by Car_man HOST

Aug 02, 2012 (4:27 pm)

Replying to: amomonthego (Jul 25, 2012 11:39 am)
Hi Jennifer. It looks to me as though this negative equity will add around $100 per month to the payment of this Traverse.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#198 of 245 Re: Lease stuff [62vette] by Car_man HOST

Aug 02, 2012 (4:31 pm)

Replying to: 62vette (Jul 25, 2012 8:08 pm)
Hi 62vette. Consumers who are in an area that has a decent level of competition, and most parts of California certainly qualify as this, should be able to actually beat most manufacturers' official advertised payments.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 20 of 25

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