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Hummer H3 Lease Questions

404 messages,  Last post on Jun 30, 2008 at 2:10 AM

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What is this discussion about? HUMMER H3, Car Leasing, SUV

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#113 of 404 DEALER INSTALLED OPTION by pinoyhummer Feb 25, 2006 (6:16 pm)
Hello CARMAN, I got my birch white H3 last night and took it home using GMID pricing and leased it for 24 months with just the drive off fees. However, when I got home and reviewed the contract, I found out that the price of the installed DVD was not residualized (not included on the residual value), is this a common practice? DO I own the DVD since it was not part of the residual value? Or is it one of the requirements for the H3 DVD promo on a lease? Replies to this message: Car_man (Mar 13, 2006 10:23 am)
#114 of 404 Re: H3 Lease #'s [saberd] by Car_man HOST Mar 13, 2006 (10:18 am)
Replying to: saberd (Feb 24, 2006 1:53 am) You're welcome, saberd. Vehicles' residual values vary depending upon their mileage allowance. Vehicles leased with 15,000 miles per year have residual values that are lower than vehicles that are leased with only 12,000 miles per. Specifically, I believe tha GMAC's 15,000 mile per year residual values are 2% lower than its 12,000 mile per year residuals.   As far as your truck's selling price goes, generally speaking General Motors' GMS prices are fairly attractive. It is difficult to say whether you would be able to beat the price that is available to you through this program by shopping around, but if you are able to it probably will not be by much.   Car_man Host Smart Shopper / Prices Paid Forums
#115 of 404 Re: DEALER INSTALLED OPTION [pinoyhummer] by Car_man HOST Mar 13, 2006 (10:23 am)
Replying to: pinoyhummer (Feb 25, 2006 6:16 pm) Congratulations on your new truck, pinoyhummer. Most manufacturers' captive finance companies, like GMAC, allow the residualization of all factory-installed options. While GM does have a factory-installed DVD player option for the H3, some units that dealers have contain dealer installed systems. If your truck's system is dealer installed, that might explain why it was not included in its residual value. I am not sure if GMAC allows the residualization of dealer installed DVD systems. Options like DVD players and Navigation systems generally tend not to hold their value as well as other options. As a result, most banks' residual values for vehicles equipped with these options are lower than models without them. Technically, you would own any option that your vehicle has that was not included in its residual value at the end of your lease because you have paid for its entire price.   Car_man Host Smart Shopper / Prices Paid Forums
#116 of 404 Fast reply greatly appreciated by rynpamn21 Mar 19, 2006 (1:24 am)
I just came from Cerritos Hummer a few hours ago. This is the quote I got.   06 Hummer H3 Base MSRP: 31745 $4,000 incentive - 27745 MOney Factor they said it was a standard 6.75% = .000281 residual $20345 or 64% quoted me with $393.62+tax with $800 drive off fees.Includes 1st months payment.   Can I get a better deal? Can I have them roll the $800 into the deal. Are all the numbers right? I inputed the numbers into the lease calculator of leaseguide.com and came up with 340.86 a month with tax. Help Ca_man or anybody please =)
#118 of 404 Is this a good deal or can I do better? by dogsambam Apr 11, 2006 (11:49 am)
I got qouted $399 per month before taxes and additional fees of aquisiton and 1st month on a 27 month lease with 12000 miles a years. Sticker on car is $36470, sell price in $33300. I will roll in taxes. Should I be able to get this number lower? Should I try to get a GMID? Please advise. My feeling is that the number should be able to get a little lower? Replies to this message: Car_man (Apr 25, 2006 2:30 pm) carrie3 (Apr 26, 2006 6:39 am) Car_man (May 25, 2006 5:02 am)
#119 of 404 Lease Information on a H3 by jstango Apr 16, 2006 (7:15 am)
I am looking for 15,000 Miles a Year. 27-36 0r 39 Months. Can anyone tell me the Residual Value and Rate Factors or Rates for these Lease terms on a H3. I am in Florida.   PLEASE HELP!   Thanks! Replies to this message: Car_man (Apr 25, 2006 2:35 pm)
#120 of 404 Re: Is this a good deal or can I do better? [dogsambam] by Car_man HOST Apr 25, 2006 (2:30 pm)
Replying to: dogsambam (Apr 11, 2006 11:49 am) Hi dogsambam. A base 2006 Hummer H3 has a spread of a little over $2,300 between its full MSRP and dealer invoice prices. You are being given a discount of $3,170 on the truck that you are considering leasing. Unless you currently own one of the trucks that qualifies you for the $1,000 conquest incentive that Hummer is currently running on the H3, I suspect that this is fairly close to all the discount that there is to be had on this truck. Of course, if you can get an ID that allows you to purchase through GM's employee purchase program, you guarantee that you are getting a good deal.   Car_man Host Smart Shopper / Prices Paid Forums Replies to this message: carrie3 (Apr 26, 2006 6:39 am) Car_man (May 25, 2006 5:02 am)
#121 of 404 Re: Lease Information on a H3 [jstango] by Car_man HOST Apr 25, 2006 (2:35 pm)
Replying to: jstango (Apr 16, 2006 7:15 am) Hello jstango. If you were to lease a 2006 Hummer H3 through GMAC right now for 36 months with 15,000 miles per year, its base lease rate and residual value should be 5.75% and 62%, respectively.   Car_man Host Smart Shopper / Prices Paid Forums
#122 of 404 Re: Is this a good deal or can I do better? [Car_man] by carrie3 Apr 26, 2006 (6:39 am)
Replying to: Car_man (Apr 25, 2006 2:30 pm) Is the dealer reimbursed by GM for the $1,000 conquest incentive? My dealer is only discounting a base H3 $33,855 MSRP -1,000 discount -$1,000 conquest cash(I own a Ford Explorer)=$31,855. Should the conquest cash be included in the $2,300 spread or should that be on top of it? Thanks for any advice. Replies to this message: Car_man (May 25, 2006 5:02 am)

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