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Chevrolet Traverse Lease Questions

41 messages,  Last post on Dec 07, 2009 at 3:19 AM

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


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#5 of 41
GM wants out of leasing. by narg
Nov 23, 2008 (8:14 pm)
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I find it funny the $2000 incentive that GM is offering on Traverse buyers, IF they have another GM car under current lease agreement.
#6 of 41
Re: GM wants out of leasing. [narg] by guy1974
Nov 25, 2008 (7:46 am)
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Replying to: narg (Nov 23, 2008 8:14 pm)

I assume GM is doing this because they are reducing the number of leases that give (none through GMAC) and they want to keep the cost (and monthly amount) down for people who are finishing up their leases and then get monthly payment shock!
#7 of 41
Anybody have experience leasing a Traverse? by atsu888
Jan 20, 2009 (3:41 pm)
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I have been emailing local dealerships for a 3 year lease $0 down, 12k miles per year on a 2009 Traverse LS ($29,065 msrp) in the Los Angeles area. I have been getting quotes in the $450-$600 dollar range. These quotes seem extremely high to me.
I for some reason thought I would be receiving rock bottom prices in the $300's range.
Am I wrong to expect this?
 
Something I found on AOL autos....
http://autos.aol.com/cars-best-deal-hub/make-Chevrolet/model-Traverse/offer-Leas- e/sort-price
 
Thanks
#8 of 41
Re: Anybody have experience leasing a Traverse? [atsu888] by finbar_ohara
Jan 22, 2009 (9:02 am)
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Replying to: atsu888 (Jan 20, 2009 3:41 pm)

I just picked up my LTZ with every possible option. 39 months, 15K per year. Payment is just over $600.00 with USBank. 5750.00 in incentives.
 
GM and Leasing were mutually exclusive terms for most of the latter part of 2008. USBank and Chase are offering leases for GM vehicles. These are not the attractive leases that we all got used to. It's back to a sensible approach where a 3 year lease payment roughly equals a 5 year loan payment. I doubt we ever go back because GM no longer has a finance arm of the business that can absorb risky deals. GMAC took a bath on the Suburban I just turned in. It's on the lot listed for 10,000 less than the residual on my contract.
 
I love the car... The ride is quiet and smooth. I would put the interior finish just short of the luxury class.
#9 of 41
Re: Anybody have experience leasing a Traverse? [finbar_ohara] by bvdj84
Feb 15, 2009 (6:50 am)
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Replying to: finbar_ohara (Jan 22, 2009 9:02 am)

I though GM was not leasing anymore?
#10 of 41
Re: Anybody have experience leasing a Traverse? [bvdj84] by chuck68516
Feb 15, 2009 (9:08 am)
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Replying to: bvdj84 (Feb 15, 2009 6:50 am)

I though GM was not leasing anymore?
 
He said he leased through US Bank. GM still isn't leasing trucks and SUV's through GMAC.
#11 of 41
Re: Anybody have experience leasing a Traverse? [chuck68516] by bvdj84
Feb 20, 2009 (7:51 am)
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Replying to: chuck68516 (Feb 15, 2009 9:08 am)

Thank you so much
#12 of 41
2009 Traverse FWD 2LT by murphy4
Mar 29, 2009 (9:17 am)
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MSRP $38,955
Discounts $7,500
  
TOTAL $31,455
  
I think this is a good deal. Anyone seen or heard better? The next hurdle is financing. Of course GM won't let you take 0% and all the discounts according to my dealer. Is that true?
#13 of 41
Re: 2009 Traverse FWD 2LT [murphy4] by swinn1
May 25, 2009 (12:55 pm)
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Replying to: murphy4 (Mar 29, 2009 9:17 am)

Hi
Where did you get this discount ?
I am looking for LT1 AWD..
Thx
#14 of 41
Updated Information by jarrade
Jun 01, 2009 (8:55 am)
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Hello all….obviously the future of this question is up in the air, but can anyone share recent pricing experiences on lease/purchases?
 
I know this starts a new month of incentives as well (if that even happens with the filing), but any new info is appreciated. Looking at 2LT ans LTZ models if that helps.
 
Thanks…

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