Is the Chevrolet Traverse lease a good deal?

Advertised at $499/mo, the Chevrolet Traverse truly costs about $772/mo once the $7,049 due at signing is spread across the 24-month term. We grade it F.

What is the real monthly cost of the Chevrolet Traverse lease?

About $772 per month, versus the $499 advertised payment.

Chevrolet Traverse Lease Deals: $499/mo, True Cost $772/mo (November 2026)

Name: Chevrolet Traverse lease
Brand: Chevrolet
Price: 499 USD
Availability: InStock

Updated November 2026 · Offer source

Advertised$499/mo

Due at signing$7,049

Term24 months

True cost$772/mo

GradeF

Offer endsNovember 30, 2026

vs rivals: Volkswagen Atlas Cross Sport $673/mo · Dodge Durango $575/mo · Nissan Pathfinder $497/mo

All 33 midsize and large SUVs with a lease, ranked →

Deal grade

Advertised

$499/mo

True cost

$772/mo

Graded on true cost as a percent of MSRP, against other midsize and large SUVs. This lease is 1.80%. How we grade

How $499 becomes $772

The ad says $499 a month, and it also asks for $7,049 at signing.
$499 of that is your first payment. The other $6,550 is extra money that you pay up front.
Spread across the 24 months of the lease, $6,550 is $273 a month.

$499advertised payment

$273up-front money, each month

$772true cost a month

$7,049

Due at signing

24 mo

Term

$18,526

Total cost

1.80%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 FWD LT MSRP $42,795	$499	$7,049	24 mo	$772	F
2026 FWD LT MSRP $42,795	$489	$8,793	24 mo	$835	F

The math for the 2026 FWD LT

Due at signing, with payment 1 in it: $7,049
23 more payments of $499: $11,477
Total for 24 months: $18,526
True cost each month: $772
Cost for each mile, with 20,000 miles allowed: $0.93

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

Deal grade

Advertised

$569/mo

True cost

$780/mo

Graded on true cost as a percent of MSRP, against other midsize and large SUVs. This lease is 1.82%. How we grade

How $569 becomes $780

The ad says $569 a month, and it also asks for $5,629 at signing.
$569 of that is your first payment. The other $5,060 is extra money that you pay up front.
Spread across the 24 months of the lease, $5,060 is $211 a month.

$569advertised payment

$211up-front money, each month

$780true cost a month

$5,629

Due at signing

24 mo

Term

$18,716

Total cost

1.82%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 FWD LT MSRP $42,795	$569	$5,629	24 mo	$780	F
2026 FWD LT MSRP $42,795	$489	$8,793	24 mo	$835	F

The math for the 2026 FWD LT

Due at signing, with payment 1 in it: $5,629
23 more payments of $569: $13,087
Total for 24 months: $18,716
True cost each month: $780
Cost for each mile, with 20,000 miles allowed: $0.94

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

Deal grade

Advertised

$499/mo

True cost

$772/mo

Graded on true cost as a percent of MSRP, against other midsize and large SUVs. This lease is 1.80%. How we grade

How $499 becomes $772

The ad says $499 a month, and it also asks for $7,049 at signing.
$499 of that is your first payment. The other $6,550 is extra money that you pay up front.
Spread across the 24 months of the lease, $6,550 is $273 a month.

$499advertised payment

$273up-front money, each month

$772true cost a month

$7,049

Due at signing

24 mo

Term

$18,526

Total cost

1.80%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 FWD LT MSRP $42,795	$499	$7,049	24 mo	$772	F
2026 AWD LT MSRP $44,795	$599	$5,819	24 mo	$817	F
2026 FWD LT MSRP $42,795	$489	$8,793	24 mo	$835	F

The math for the 2026 FWD LT

Due at signing, with payment 1 in it: $7,049
23 more payments of $499: $11,477
Total for 24 months: $18,526
True cost each month: $772
Cost for each mile, with 20,000 miles allowed: $0.93

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

How the Chevrolet Traverse lease changed

Since October 12, 2026, the true cost went up by $125 a month, from $647 to $772.

October 12, 2026: $529/mo, $4,789 due, 36 mo: $647
October 17, 2026: $529/mo, $4,789 due, 36 mo: $647
October 31, 2026: $529/mo, $4,789 due, 36 mo: $647
November 5, 2026: $499/mo, $7,049 due, 24 mo: $772
November 11, 2026: $499/mo, $7,049 due, 24 mo: $772

Each line is the best offer where most regions share it, on the day that we collected the offers.

How it ranks among midsize and large SUVs

The Chevrolet Traverse has the 27th lowest true cost of 33 midsize and large SUVs with an advertised lease this month. The lowest is the Subaru Outback at $410 a month.

The middle true cost in the class is $566 a month, and the Chevrolet Traverse costs $206 more. Each month it costs 1.80% of its MSRP, and the middle of the class is 1.26%.