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Chevrolet Traverse Lease Questions

39 messages,  Last post on Dec 02, 2009 at 5:26 PM

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

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#32 of 39 Re: Lease of LT1 question for car man [cats13] by wnuk Nov 03, 2009 (4:51 am)
Replying to: cats13 (Nov 02, 2009 11:06 pm) An odometer statement is a declaration by the dealership stating the exact mileage on the vehicle you are leasing at the time of delivery. You then have your alloted lease mileage from that point, not from a "zero" reading on the odometer. Replies to this message: cats13 (Nov 03, 2009 10:21 am) cats13 (Nov 04, 2009 8:54 pm) kyfdx (Nov 05, 2009 4:28 am)
#33 of 39 Re: Lease of LT1 question for car man [wnuk] by cats13 Nov 03, 2009 (10:21 am)
Replying to: wnuk (Nov 03, 2009 4:51 am) gracias. Any info out there yet about the November lease programs available in NY through USBank (money factor, residuals, incentives, etc)? Looking at the 2010 Traverse FWD in either 2LT or LTZ with either 12k miles or 15k/yr.
#34 of 39 Re: Lease of LT1 question for car man [wnuk] by cats13 Nov 04, 2009 (8:54 pm)
Replying to: wnuk (Nov 03, 2009 4:51 am) Guys, here's another thing I don't understand: if the adjusted cap cost is the number from which all other numbers flow, and I'm paying the first month's pymt out of pocket (ie, not rolling it in), shouldn' the adjusted cap cost be reduced by that first month's pymt amount? Otherwise, I'm paying it twice, no? Once out of my pocket and then again on the all-in adjusted cap cost. What am I missing here? Replies to this message: kyfdx (Nov 05, 2009 4:28 am)
#35 of 39 Re: Lease of LT1 question for car man [cats13] by kyfdx HOST Nov 05, 2009 (4:28 am)
Replying to: cats13 (Nov 04, 2009 8:54 pm) 36 payments to pay down your lease from the CAP cost (amount borrowed) to the residual (end of term balance) during the term of the lease... Your first payment isn't included in your net CAP cost...
#36 of 39 Re: Traverse AWD LT2 Lease Numbers [cats13] by Car_man HOST Nov 10, 2009 (3:25 am)
Replying to: cats13 (Nov 01, 2009 10:27 pm) Hi cats13. The GMAC base lease rate and residual value for a 39 month lease of a 2010 Chevrolet Traverse FWD LT2 with 15,000 miles per year are 1.0% and 38%, respectively. I haven't seen the US Bank program for this truck recently, but I wouldn't be surprised iff it was very similar to the GMAC program.   The residual value for an otherwise identical lease of an AWD model would be 2% higher. I believe that dropping from 15,000 to 12,000 miles per year increases the residual value by 2% as well.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#37 of 39 Re: Lease of LT1 question for car man [wnuk] by Car_man HOST Nov 10, 2009 (3:29 am)
Replying to: wnuk (Nov 02, 2009 10:53 am) Hey wnuk. GMAC's November base lease rate and residual value for a 48 month lease of a 2010 Traverse LT1 AWD with 12,000 miles per year are 1.95% and 38%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#38 of 39 Lease of LT1 question for car man by wnuk Nov 12, 2009 (11:19 am)
Thanks for the info car man. We decided that 48 months is too long for a lease and will likely look for a 36 or 39 month lease on the same LT1. Do you know if GMAC is still offering the $1900 lease rebate it did in October? Maybe it has increased or decreased? Could you provide the m.f. and residual for a 39 month 12000 mile lease on the LT1?   Thanks again.
#39 of 39 2010 Traverse lease by cintiwestguy Dec 02, 2009 (5:26 pm)
Wife wants to lease a traverse.Preferrably an AWD LT2. A dealer said GM came out with "fantastic" December deals. Any guidance on lease numbers would be great. Or, a range of what a fair payments would be. We are in Cinti, Ohio if that makes any difference. Terms - 36/39 mos, 12k per year and $0 down.   Thanks in advance.

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