Question - Financing New Models - Traverse

[omahachevy]

Does anyone know how long it typically takes Chevy to offer lower APRs on their new models like the Traverse? I'm interested in buying one but it's hard to pull the trigger when you see the cheap financing on their other models. My wife likes the Ford Flex, I like the Traverse. It's hard to argue with her when Ford is offering 0% and Chevy is 5.9% or whatever it currently is. Thanks!

[jmlee0695]

2009 Chevrolet Traverse Crossover LS
$28990 MSRP
-$2000 Loyalty Cash
-$2000 Lease Pull-Ahead Cash
-$750 Customer Cash
$24240 After Applicable Offers
$4750 Total Value Compared to MSRP

ford flex-
APR Financing2
0.0% for 36 months
3.9% for 48 months
4.9% for 60 months
6.9% for 72 months
or 1k off

[Quixote88]

Right now everything's a bit different from the usual with the economy the way it is. Automakers typically wait to see how the new vehicle is received by the public. From what I've seen, the response to the Traverse has been relatively "good" for a brand new vehicle. But it seems there is some inventory out there.

With GM shutting down its production for January, it's hard to say when inventories will be depleted. GMAC also just received an influx of cash to help make loans easier for GM. But to answer your question of when GM starts to offer lower APR's, from what I've seen working in a GM store, it's usually about 6 months into the release. I don't know what the APR's are for the sister Lambdas, and I'm not sure if you have your heart set on the Chevy, but I would suggest looking at the Saturn Outlook, GMC Acadia and the Buick Enclave as alternatives.
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