Chevy Traverse Lease Deals near Detroit, MI

The Chevy Traverse combines eye-catching style and powerful performance, with stylish options like the Midnight Edition that offer a bold look with black accents and 20-in. wheels. It's powered by a new turbocharged 2.5L turbo engine, delivering 328 horsepower and 326 lb.-ft. of torque, along with a 5,000-lb. towing capacity when properly equipped. Leasing a Chevy Traverse allows you to power through your commute and take your adventures off road, thanks to versatile drive modes, including FWD, AWD, and Off-Road. Inside, the Chevy Traverse stands out with a spacious and technologically sophisticated cabin, offering up to 97.6 cu.ft. of cargo space and a standard 17.7-in. infotainment screen with wireless Apple CarPlay® and Android Auto™. Safety technology like the optional Super Cruise includes a Lane Keep Assist, Front Pedestrian Braking, and Forward Collision Alert, ensuring a comfortable and secure driving experience.

Leasing and buying a car offer distinct advantages. Leasing involves the short-term rental of a vehicle for a set period of time, typically requiring lower monthly payments as opposed to financing a purchase. This makes leasing an attractive option for those on a budget. Buying a car provides long-term ownership and the eventual freedom from monthly car payments. However, this comes with the responsibility of maintaining and repairing the vehicle, which can incur unexpected costs. Leasing offers greater flexibility. You're not responsible for long-term vehicle maintenance and by the end of your lease term, you can easily upgrade to a newer model. When leasing a Chevy Traverse, explore available lease specials at our dealership, such as low to no down payment options. Whether you choose to lease or buy, it's important to be mindful of your budget, driving needs, and long-term goals. Our dealership can help you determine the best option for your individual circumstances.

To obtain an accurate Chevy Traverse lease price, contact our dealership. Lease terms are customized based on your individual needs and financial situation, including if you decide to opt for a Chevy Traverse business lease. Several factors can influence your monthly payment, including your location, credit score, and the chosen lease term. Let's explore them more in order to give you an idea of what to expect.

Lease Term: Lease agreements typically span 24 to 48 months. The chosen term directly influences your monthly payments and the total cost of the lease.

Mileage Limits: Most leases include mileage restrictions, typically ranging from 10,000-15,000 miles per year. You can risk additional fees if these limits are exceeded by the end of your lease.

Down Payment: A down payment is often required at the lease inception, and it can vary based on the specific terms, your creditworthiness, and the chosen vehicle model. A higher down payment generally translates to lower monthly payments.

Security Deposit: Some leases require a security deposit, which is typically refundable at the end of the lease term provided the vehicle is returned in good condition with no excessive wear and tear.

Wear and Tear: As the lessee, you are responsible for maintaining the vehicle and returning it in good condition. Normal wear and tear is expected, but excessive damage may incur charges at the end of the lease term.

Disposition Fee: A disposition fee is typically charged by the lessor at the end of the lease term. This fee, usually ranging from $200 to $500, covers the costs associated with preparing the vehicle for resale.

Thoroughly reviewing these factors is essential before making a leasing decision. Our Chevy dealers near Detroit, MI, encourage you to ask any questions you may have to ensure a complete understanding of all lease terms and conditions. We're here to guide you through the process and help you make an informed choice.

Enhance your Chevy Traverse lease with the Chevrolet Protection Plan. Choose from a selection of comprehensive coverage options, including Powertrain, Silver, and Platinum plans that safeguard essential components. These allow you to enjoy 24/7 Roadside Assistance and a variety of warranty options designed to protect against unexpected repair costs. Chevrolet Protection also offers a range of valuable add-ons to further enhance your driving experience. Explore options such as pre-paid maintenance plans, tire and wheel coverage, GAP coverage, and more, all designed to provide confidence and security on the road.

At the end of your Chevy Traverse lease, ensure the vehicle is returned in good condition, adhering to mileage and wear and tear guidelines. Excessive wear and tear may result in additional charges. To minimize potential costs, address any necessary repairs before returning the vehicle to our dealership. Consider the XS Wear Lease Protection, which can waive up to $5,000 of covered excess wear charges, with a $1,000 per item limit, $400 of excess mileage, and $150 for missing parts.

Before your lease term expires, explore your options: purchase your current Chevy Traverse, lease a new Chevy model, or return the vehicle. A disposition fee may apply, which can be waived with the purchase or lease of a new Chevy or GM vehicle.

Leasing a Chevy Traverse is just around the corner. Visit Dick Genthe Chevy to get started on your next adventure today