Last post on Dec 05, 2013 at 1:18 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Chevrolet Traverse, Car Buying, Car Leasing, SUV
#223 of 286 2013 Traverse AWD 2LT Lease Deal
Mar 09, 2013 (1:31 pm)
So after further negotiation here's where we stand
So options power sunroof, heated leather.
Comes out to MSRP of 42555.00. Selling price down to 40200.00
I am rolling everything into the lease total price is 41292.00
They are giving me 5000.00 total rebates (2k in conquest lease, 1500 in cash, 500 in IVC coupons and another 500 if I buy before the 3/14, 500.00 in holdback split)
Net cap cost: 37916.90
Ally finance at 1.5 money factor with 56% residual)(23830.80) 12k mileage
also paying first month so I would owe 38 months
400.31 per month for 38 months. (they quoted me at 399.99 a month though)
***they quoted me 439.00 on a LTZ same deal MSRP at 46105.00(selling price at 43407.21)***
Let me know what everyone thinks. I think based on my homework both are a good deal. I think I will go 2LT in case I buy at the end of lease, not looking forward to buying 20" tires)
#224 of 286 Re: January Traverse numbers [upstatebuyer]
Mar 11, 2013 (3:01 pm)
You're welcome upstatebuyer. The residual value for a 39-month lease of this truck with 15,000 miles per year is 54% through Ally.
Since you are coming out of a Toyota lease, yes you should be eligible for the $2,000 cash incentive for conquest customers that you've seen mentioned.
Prices Paid: Buying & Leasing Experiences Forum
#225 of 286 2013 2LT Traverse
Mar 12, 2013 (6:15 pm)
Hi.. I hope you can help me.. MSRP is 41,000 selling price is $34,500 and was quoted $489/mo for 36 mos lease, 15K miles, 0 down with taxes rolled in. I live in IL
Is this a good monthly price or should I look for lower?
Thank you in advance.
#226 of 286 Re: 2013 2LT Traverse [schwalo]
Mar 12, 2013 (6:59 pm)
What's the money factor on this seems high, my msrp was 42255, got down to 389 a month no money down and taxes rolled in. Your residual should be at or higher than 56 and 1.5 was the money factor through ally bank. What other info do u have?
#227 of 286 Re: 2013 2LT Traverse [upstatebuyer]
Mar 13, 2013 (10:41 am)
39000 sale price
- 4500 rebate
Ally apr 2.5
Payment is 459 x39 months
#228 of 286 Re: 2013 2LT Traverse [schwalo]
Mar 13, 2013 (11:12 am)
Ally bank for 39 month lease also has 1.5 money factor along with a residual of 56. Download the lease app called lease calculate, very accurate. I think you might be able to work on the price before rebates just make sure it's close to invoice. Let me know how it goes
#229 of 286 Traverse 2lt final deal
Mar 13, 2013 (5:44 pm)
Here's the latest…I ended up putting a down payment down for the same car a two dealerships. I got the lowest price at one and negotiated at the other. I told them I'm buying car the next day who ever had the best price. Final deal was 369 a month, 39 months 1.5, 56 redsidual, I got nothing for my Toyota old lease. Not sure of the final price of the 2 lt yet. The msrp was 42255, 2lt with leather package and moon roof package. Plus I negotiated every other oil change free. Going to pick on 3/13. Final advise negotiate everything individually. Keep in mind the residual is set by the bank, but there is so many money factor rates that change the residual. Also put dealerships at war with each other and don't let them know it, just say thanks and walk out. I feel really good about this deal, I started this out couple weeks ago at 489, these guys have a lot of room to move. Good luck!!!
#230 of 286 Re: Traverse 2lt final deal [upstatebuyer]
Mar 22, 2013 (7:44 am)
what was the purchase price and incentives they finally gave you for the $369/month deal? Did you already purchase?
#231 of 286 Re: Traverse 2lt final deal [jen727bf]
Mar 29, 2013 (3:27 am)
Ended up at 36,740. That's total amount including NY taxes and all fees rolled in. My payments are 369.00 a month no money down for 39 months. So far I really like the car
#232 of 286 2013 Traverse 2LT AWD Question
Apr 10, 2013 (3:08 pm)
Hi Car Man,
Hoping you can help me with the April residual and money factor for a 24 and 36 month lease on this vehicle? Also, what incentives GM is currently offering.
Thanks in advance!