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Hummer H3 Lease Questions

415 messages,  Last post on Apr 27, 2009 at 5:09 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#157 of 415
Lease update by louie5
Jul 06, 2006 (5:32 am)
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I received a quote ,yesterday. Salesman said $498.00 a month,15k miles for 24 months,with $998.00 at signing. I did a quick inventory for my area( CT MA RI NY)came up with over 230 H3's "I WILL WAIT " ...Louie5 (research pays off !)
#158 of 415
Just started looking at H3 by looking4h3
Jul 07, 2006 (7:27 pm)
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I've just started the search for a H3. It doesn't seem as if the dealers want to "deal" as I've so far been getting a take-it-or-leave-it attitude. Also if I understand correctly, one doesn't lease an H3 from GM, one makes a "smart buy purchase" that has a balloon payment on the end.
 
Any assistance would be greatly appreciated.
#159 of 415
looking4h3 by louie5
Jul 08, 2006 (8:55 am)
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In what area are you located? Use the "Inventory" search has a tool to bargain with! Any problems I'm standing by to help....louie5
#160 of 415
Re: looking4h3 [louie5] by looking4h3
Jul 08, 2006 (9:50 am)
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Replying to: louie5 (Jul 08, 2006 8:55 am)

I'm in Dallas. There are lots of H3s on the lot, but the dealers seem to want MSRP. The two dealers are owned by the same -- Sewell. What "inventory" search are you writing about? I'm new to GM and all their products. Sorry to seem so stupid!
#161 of 415
looking4h3 by louie5
Jul 09, 2006 (3:15 pm)
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Here's the inventory for your area.Fort Worth=50 Grapevine=50 Plano=50 Dallas=50 There are 200 H3 in your area! Just sitting in the lots! I don't know what the dealer pays but they aren't making money siting there. You are in an EXCELLENT bargaining position!!! louie5 bravo-over
#162 of 415
want to lease an H3 by abuaisha
Jul 10, 2006 (1:41 am)
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Hello car_man, first of all thanks for all you good work!
I am looking to lease or buy an H3 MSRP is about $38,500.
27mnths $1000 down, 15k/yr, i went to the dealer, sat down with the desk guy, he gave me 420 incl tax, told me he was splitting the difference between holdback and invoice, which i think came out to be nearly $33000, i think the rate was 3.75% now post #152 got more expensive car for $40 less/mnth and $500 less down, should i just go to the dealer and tell him to get me this same deal as post#152? do you think this deal is doable? should i go there and tell them give me this deal or no deal at all? or the deal the guys are giving me is fair as it is?
Also i would like to term 10 pmts on my other lease which totals about $4100, is it possible? putting $1000 down, 27 mnths 15k yr and having them to cut a check to my other lease for $4100? obviously the payment will change. But can they do that though? Because he told me the cant, because that puts the cap cost over sticker.
Thanks a million!!!
#163 of 415
Re: want to lease an H3 [abuaisha] by Car_man HOST
Jul 11, 2006 (1:50 am)
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Replying to: abuaisha (Jul 10, 2006 1:41 am)

You're welcome and thank you abuaisha. I believe that Hummer's latest and greatest base lease rate for the 2006 H3 is 3.45%. As far as this truck's price goes, a base 2006 Hummer H3 only has a spread of around $2,300 between its full MSRP and dealer invoice price. You were quoted a discount of $5,500 on the truck that you are considering. This is an outstanding price for a lease of this truck. In fact, it is so low that I would not be surprised if you never mentioned that you want to lease to the dealer. They may be taking the $2,000 customer cash that is available on the '06 H3 into account. Unfortunately, this cash is not compatible with GMAC's special lease program.
 
I see that you are trying to get out of the last 10 payments of your current lease. This is going to be very very expensive to do. I personally would wait until I was closer to the scheduled end of my current lease to get something new if I was in your situation. If you are bring given a discount of over $5,000 it would be possible to roll $4,100 in charges from your current lease into your vehicle's capitalized cost, but doing so would be very wasteful and cause you to pay way more than you should for your Hummer.
 
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#164 of 415
Car_man by louie5
Jul 12, 2006 (9:02 am)
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I'm waiting, the days are passing. I can feel more incentives coming soon! louie5\delta -over
#165 of 415
Lease a 2007 H3 in Central Texas by hooperaus
Jul 14, 2006 (7:22 am)
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Hey car_man! Great forum! Based on discussions posted here, it seems that very nicely equipped '06 H3s are leasing right now around $420 -$450/month (all inclusive, 27 months, or so) with around $1000 down. I have looked at a couple of '07 LUX Series H3s with leather, nav, chrome, and sunroof. MSRP of $38,500 or so. I've been quoted just about $570/month for 36 months (all inclusive, no money down) so that seems kind of like a rip-off. Is it that there are good deals now on '06 H3s because the '07s are rolling out? Or is it I'm just getting a bad deal all around? I would like a lease of less than 36 months. Also, the truth is, I only need 12K miles per year, but if the diff. for 15K miles/year is negligible, I'd take that.
#166 of 415
looking4h3 by louie5
Jul 16, 2006 (8:45 am)
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looking4h3, how is the H3 search going,keep us posted! louie5/bravo-over

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