My owner was driving this awesome vehicle for a few months. The current mileage is under 5,000. This a Mosaic Black with Loft Brown interior.
In service date is 11/30/2017
2018 Chevrolet Traverse High Country AWD:
MSRP: $53,045
Selling Price: $48,922
Monthly Payment: $628.57 + $48.71 (oc tax) = $677.28
Drive-Off Amount: $1,300 o.a.c.
Months: 36
Annual Mileage: 13,000
MF: .00082
Residual: 51
Included Incentives:$750 CCR + $1,500 GM Comp Lease
Location:Orange County CA
$657.80 + $48.84 (oc tax) = $706.64 includes XS Wear
Maybe it’s because I know nothing about the High Country, but this seems crazy for a Traverse. I’d be leasing an XC90 or an X5 for this kinda of coin.
But this is a Chevy whereas the others are a BMW or Volvo. It doesn’t matter how nice it is, most people won’t pay $677 a month on a Traverse. It doesn’t even meet the 1% rule. Awful deal
I’m with @28firefighter…no disrespect, and the Traverse is nice, but the x5 beats it, hands down IMO.
It just doesn’t seem like that great of a deal to me, as it doesn’t meet the 1% rule. With that said, GMs, in general, haven’t been great leases for the most part, outside of the lower trimmed Encore/Equinox/Terrain type cars, as there’s no wiggle room in MSRP vs Sales price.
Good luck though…I’m sure someone will eventually snag it.
I know this is somewhat knocking the vehicle but it’s a Traverse and no matter what level of packaging, it’s still a mainstream vehicle for the amount of a luxury suv which it’s clearly not.
Nobody looking for a luxury vehicle is going to search out my Traverse post. If your not looking for this vehicle. Why would you want to waste your time in putting comments on something your not even in the market for? Thanks for all of the attention you guys give my post…
At 50k+ you can make the argument that the High County trim qualifies as a “luxury” vehicle, if not the badge/model. Especially with that sweet brown leather interior and that vectoring AWD system. Too rich for my blood but I’m sure someone somewhere looking for one might bite.