Chevy Trax Negotiation Guide

Jan 28

Video Summary Page (1/28/2024)
Disclaimer: Information is valid on day of posting and may EXPIRE shortly thereafter!

Inventory vs. Competition

In terms of inventory, Chevy has lots of Trax but it’s competitors also have many of it’s own. Nearly all Trax you’re going to see in stock are 2024 redesigned models.

Estimated Residual by Year

The Trax’s residual value is truly nothing special and will continue to drop rapidly approaching the 5th year.

Inventory by Trim

Chevy has equally distributed production and inventory among all the top trim levels. Percentage wise, you can take your pick of any of the top trims the Trax is offered in.

Suggested Trim, MSRP, and Target Discount

Target Trim: RS w/1RS FWD

Example MSRP: $23,940
Projected Invoice Price: $23,077

Target Discount Range: 3.6% OFF MSRP

Target Selling Price: $23,077

Special Offers & Lease Rates

Promotional APR: 7.69% @ 60 Months

GM Healthcare Professional Cash Allowance Program ($500)

GM Cards With Redemption Limits Copper/Platinum Program ($3,000)

GM College Cash Allowance Program ($500)

GM Rewards Card Sign Up and Spend Offer ($500)

GM Educator Cash Allowance Program ($500)

GM First Responder Cash Allowance Program ($500)

GM Military Cash Allowance Program ($500)

Lease Residual: 60% @ 36 Months (12k mi)

Lease Money Factor: .00333 or 7.99% APR

Finance & Lease Payment Calculation

Example MSRP: $23,940
Example Selling Price: $23,077

Finance Term: 6.99% @ 60 Months
Finance Payment: $456.84/month* (estimated)**
Total Interest (Finance): $4,333.60 (estimated)

Lease Term: 36 Months
Lease Payment: $351.15/month* (estimated at 3.6% OFF MSRP)**
Total Interest (Lease): $4,428

*** Payments are suggestions that DO NOT include your states sales tax and assume no down payment or dealer fees paid at signing.

Lease Payment Estimates by Trim

1RS: $351/month***

2RS: $385/month***

Activ: $390/month***

LT: $371/month***

LS: $332/month***

LS: $906/month***