Chevrolet Traverse Lease Questions

239 messages,  Last post on May 12, 2013 at 7:06 AM

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

    

#7 of 239 Anybody have experience leasing a Traverse? by atsu888

Jan 20, 2009 (4:41 pm)

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 239 Re: Anybody have experience leasing a Traverse? [atsu888] by finbar_ohara

Jan 22, 2009 (10:02 am)

Replying to: atsu888 (Jan 20, 2009 4:41 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 239 Re: Anybody have experience leasing a Traverse? [finbar_ohara] by bvdj84

Feb 15, 2009 (7:50 am)

Replying to: finbar_ohara (Jan 22, 2009 10:02 am)
I though GM was not leasing anymore?

#10 of 239 Re: Anybody have experience leasing a Traverse? [bvdj84] by chuck68516

Feb 15, 2009 (10:08 am)

Replying to: bvdj84 (Feb 15, 2009 7:50 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 239 Re: Anybody have experience leasing a Traverse? [chuck68516] by bvdj84

Feb 20, 2009 (8:51 am)

Replying to: chuck68516 (Feb 15, 2009 10:08 am)
Thank you so much

#12 of 239 2009 Traverse FWD 2LT by murphy4

Mar 29, 2009 (10:17 am)

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 239 Re: 2009 Traverse FWD 2LT [murphy4] by swinn1

May 25, 2009 (1:55 pm)

Replying to: murphy4 (Mar 29, 2009 10:17 am)
Hi
Where did you get this discount ?
I am looking for LT1 AWD..
Thx

#14 of 239 Updated Information by jarrade

Jun 01, 2009 (9:55 am)

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…

#15 of 239 Traverse AWD LT2 Lease Numbers by dolphin5

Sep 28, 2009 (4:17 am)

Car_man,
 
I saw an ad (not a dealer ad) for a traverse lease - fwd ls. Now that GM is leasing again, can you provide the lease numbers for a 2009&2010 AWD LT2. Lease would be for 36 months with 15000 miles per year. If there's any cash or rebates that can be applied, let me know. Thanks for your help

#16 of 239 Re: Traverse AWD LT2 Lease Numbers [dolphin5] by Car_man HOST

Sep 29, 2009 (3:22 am)

Replying to: dolphin5 (Sep 28, 2009 4:17 am)
Hey dolphin5. Here's the information that you're looking for. GMAC's current base lease rate and residual value for a 36 month lease of a 2010 Chevrolet Traverse LT2 AWD with 15,000 miles per year are 0.75% and 44%, respectively. The General is currently providing a $1,900 cash incentive on leases of this truck through GMAC.
 
GM is not currently providing lease support on the 2009 version of this truck.
 
Car_man
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