Year, Make, Model, and Trim: [2017 Chevy Traverse LT AWD w/ 7 pass and Tech/Style]
MSRP: [$38,740]
Selling Price: [$35,768]
Rebates: [$750 GM Fin Supp Lease, $2000 GM Incr ccr/chev select, $1000 GM SELE MRKT INCR, $750 CHEVY SELE MARKT INCR, $1500 GM COMP LESSEE PROGRA]
Trade-in: [$0]
Months: [24]
Annual Mileage: [15,000]
Security Deposit: [$0]
Total Due At Signing: [$1,352]
Monthly Payment (incl. tax): [$259]
Zip Code: [10312]
Sales Tax Rate: [8.875%]
So I am new to this forum this will be my first deal. I’ve seen a lot of buzz going around over the new Honcker app so i decided to check it out.
I was shopping around last month after i saw the ridiculous deals everyone seemed to be scoring on the 17’ Equinox ($150-$200/mo). So i did my calculations and hit some dealers but received heavy push back to get below $200mo on a 24 month 15k lease on the LS FWD. Ended up walking from most deals because i felt there was still money to be saved.
This is where Honcker comes in. I sign up for the app which takes all of 2 minutes (they do require a soft pull on your credit to generate the payments for you) and began scouring the site for deals. Now you can’t just boot up the app and click on the first car you see and automatically get an amazing deal, there are plenty of vehicles priced to well above market (example: $1400 for a Tahoe Premier). So to effectively use the app you have to know what a good deal is. By looking at the deals people post on this forum as well as working with some dealers you can fairly easily establish that ball park in my case it was sub-$200 a month for the Equinox.
Now here comes the fun part, so i am searching in the chevy section and i spot a $193/mo lease on the Equinox LS FWD 24mo 15k/mo. Pretty solid deal and mind you much better than the bottom line the dealers were willing to go (one sales rep told me that if i got that truck for under $200mo bring him the contract and he’d go pick up 2 for himself). Now i scroll a little further and i see a Traverse LT AWD for $246/mo now that really peeks my interest!
I click lease on the car and the dealer contacts me shortly after, this particular vehicle ended up not being available due to slight damage it had suffered on the lot so the sales rep did not feel comfortable with me taking that one,
but they had a similar one but was slightly more expensive (now here i am anticipating the bait-and-switch). The new truck had captain chairs, heated/power front seats, 20-inch wheels, as well as remote start.(this car had the tech package for $1250). So here i am ready to get knocked off my chair anticipating a $300/mo price. However the difference in price was only $700 and they’d be willing to split the difference and price the truck at $259/mo.
I told the dealer ill take it, he had me submit a credit app and all necessary paperwork to get the deal approved, i took delivery 2 days later and was at the dealer for a total of 27 minutes!!! Could not have been more excited about the deal and the experience, educate yourself on the price range of what the car is selling for, and scour Honcker until you see a can’t miss deal.
The dealer was Nanuet Chevy, the sales person was Joe Sinatra, he said similar deals can be had on their remaing 2017 Traverse LT’s.
