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Chevrolet Traverse Lease Questions

240 messages,  Last post on May 20, 2013 at 3:59 PM

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

    

Messages Page 22 of 24

#210 of 240 Re: 2012 and 2013 Traverse LS FWD [dylrex] by Car_man HOST

Dec 27, 2012 (8:40 am)

Replying to: dylrex (Dec 09, 2012 6:59 pm)
Hello Tim. Ally's December base lease rate and residual value for a 36-month lease of a 2013 Chevrolet Traverse LS WD with 15,000 miles per year are Tim and 58% for consumers who qualify for its top credit tier.
 
There is a $1,500 cash incentive on 36-month leases of this truck plus $500 bonus cash.
 
GM isn't leasing the 2012 model any longer, but you can finance one at 0% for up to 6 years.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#211 of 240 2013 LS Base AWD by thebigtuna79

Jan 02, 2013 (2:41 pm)

Hi Car Man. You are always great help on this forum. Do you know if the incentives have changed for this month? (January 2013)
 
I just saw your reply to my original request and was wondering if these incentives are the same (or better) for January 2013.
 
Again, looking for incentives, MF and residual on 2013 Base LS AWD for 24 & 36 month leases with 12K miles. Im in the New York region.

#212 of 240 Best leases available in January by nanaboat1

Jan 13, 2013 (8:37 am)

Looking to leave a Chevrolet Traverse, or Kia crossover for 2013, or any good deals out there! Any info?

#213 of 240 January Traverse numbers by buster6

Jan 18, 2013 (12:46 pm)

Hi Car_Man,
 
Could you please help me with numbers on a 13 Traverse LTZ and LT. Looking at 24 months with any info on conquest / bonus/ CCR $$ appriciated.

#214 of 240 Re: 2013 LS Base AWD [thebigtuna79] by Car_man HOST

Jan 22, 2013 (5:34 pm)

Replying to: thebigtuna79 (Jan 02, 2013 2:41 pm)
Thanks thebigtuna79. Ally's January base lease rate and residual value for a 24-month lease of a 2013 Chevrolet Traverse LS AWD with 12,000 miles per year are 1.0% and 69%.
 
The numbers for an otherwise identical 36-month lease are 1.85% and 60%.
 
General Motors is currently providing a $1,620 cash incentive on 2-year and $1,500 on 3-year leases of this truck.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#215 of 240 Re: January Traverse numbers [buster6] by Car_man HOST

Jan 22, 2013 (5:37 pm)

Replying to: buster6 (Jan 18, 2013 12:46 pm)
Hey buster6. Ally's January base lease rate and residual value for a 24-month lease of a 2013 Chevrolet Traverse LTZ or LT with 15,000 miles per year are 1.0% and 64%.
 
As far as cash incentives go, General Motors is currently providing a $1,620 cash incentive on 2-year leases of this truck. In addition to that there is another $2,000 if you are currently leasing a non-General Motors vehicle.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#216 of 240 Just Leased 2013 2LT by wvubarbuilder

Feb 08, 2013 (8:07 pm)

Options:
2LT
Black Granite Metallic
Hit The Road Package
Leather Surfaced Seating
 
MSRP: 43,210
 
I had a lot of incentives to apply totaling $7,671.83 broken down below:
GM credit card earnings were topped off to $3,000 from mailer GM sent out
Additional $1,000 promotion with the GM Card on the same mailer
Additional $51.83 (dealer found this on the GM Card, don't know what it's from)
CCR $1,620
Conquest $2,000
 
I have a lease on a 2010 Nissan Maxima w/ 6 payments $420/mo left (hence the conquest cash). My original plan was to just bite the bullet and pay the 6 months on the Maxima along with the new Traverse payment. I was shooting for $325/mo. for 2yrs, on the Traverse w/ no money out of pocket, just using the incentives. The Dealer went down to $350 but wouldn't go lower, so I decided to sleep on it.
 
The Maxima needed tires and there was a disposition fee of $350 or $450 (can't remember exactly) that would be due in August along with these 6 payment's of $420/mo. So I returned to the dealer to see if we could do their number of $350/mo. for the 2yr lease, but I would give them $750 in cash if they could get me out of the Maxima. I had no math to come up with this number I just picked it. They worked on it for a while but simply said it can't be done for that amount because the buyout was too high on the Maxima at $20,500. I asked them what they could do if I gave them $1,000 and they take the Maxima. Final handshake number was my $1,000 out of pocket and a payment of $395-$400/mo. The finance guy wasn't there, so they couldn't give me the actual number until I signed, but assured me it would not go over $400.
 
I got to pickup the Traverse today and the final number was $383/mo. Obviously, I was expecting $399.99, needless to say I was pleasantly surprised.
 
So it cost me $1,000 out of pocket for the Traverse $383/mo. w/ the MSRP of $42,310 and I got out of the last 6 payments $420/month of a 2010 Maxima that had a buyout of $20,500, needed about $600 in tires and a disposition fee of around $400. I was satisfied with the deal considering I also live in PA where it's 9% tax when you lease a car.

#217 of 240 Re: Just Leased 2013 2LT [wvubarbuilder] by thebigtuna79

Feb 08, 2013 (11:34 pm)

Replying to: wvubarbuilder (Feb 08, 2013 8:07 pm)
Wow, great job. What dealership was this by the way?
I'd be willing to drive to get a great deal from NYC
 
I'm shopping for a 2013 base LS AWD and
A few dealers are giving me the runaround. I too am coming
Off a lease. I only have 1 payment on my 2010 VW CC which
Is in immaculate condition. CCR is $1620 and conquest is $2000.
I don't have a GM card so don't qualify for that.
 
Did the dealer confirm the money factor and residual with you?

#218 of 240 Re: Just Leased 2013 2LT [thebigtuna79] by wvubarbuilder

Feb 09, 2013 (9:29 pm)

Replying to: thebigtuna79 (Feb 08, 2013 11:34 pm)
The dealer was Brown Daub Chevrolet in Nazareth, PA
 
The money factor and residual that car_man listed for January on the LT is still valid at 1% and 64% respectively. I would guess the January values car_man listed for the LS in replying to your previous post should be too, but I'm just guessing.
 
I am local to the dealership and they were very interested in where I lived for repeat business. That might give me a little advantage vs. what they'll do on out of state deals. I also made it known to them that I have another lease w/ Nissan that's up in 18mo.
 
I'm not sure what the rules are on this forum, but I entered "car lease calculator xls" in google and used a spreadsheet that came up with the first hit to get an approximation on what the payment should be.

#219 of 240 Re: Just Leased 2013 2LT [wvubarbuilder] by thebigtuna79

Feb 22, 2013 (11:06 am)

Replying to: wvubarbuilder (Feb 09, 2013 9:29 pm)
Ended up finalzing a deal with a local lease broker here in NYC. All of the local Chevy dealerships in NY/NJ were giving me the run around. Picking up the truck on 2/28 (last day of the month) to qualify for this month's deal.
 
2013 LS AWD
Sticker : $33,370
27 month lease with 10K miles per year (22,500 miles total)
 
Total due out of pocket : $639.05, which includes 1st month payment of $289.05, plus $350 which covers NY Plates/DMV and their "doc" fee.
 
26 payments of $289.05. No disposition fee as the lease is thru Ally Bank.
 
Residual was 69% and MF was 1% (thanks car man)
 
This is the cheapest deal I could find. Im pretty happy with the payment, especially that im at $289 a month on a close to $34K truck with nothing out of pocket really.
 
I did not end up trading in my VW, so I have another month that it will overlap with my new truck.
 
The Honda Pilot, Highlander and CX-9 were leasing nowhere near this truck.

Messages Page 22 of 24

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