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Hummer H3 Lease Questions

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

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

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#161 of 415 looking4h3 by louie5 Jul 09, 2006 (3:15 pm)
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)
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!!! Replies to this message: Car_man (Jul 11, 2006 1:50 am)
#163 of 415 Re: want to lease an H3 [abuaisha] by Car_man HOST Jul 11, 2006 (1:50 am)
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.   Car_man Host Prices Paid Forums
#164 of 415 Car_man by louie5 Jul 12, 2006 (9:02 am)
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)
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. Replies to this message: Car_man (Aug 28, 2006 1:58 am)
#166 of 415 looking4h3 by louie5 Jul 16, 2006 (8:45 am)
looking4h3, how is the H3 search going,keep us posted! louie5/bravo-over
#167 of 415 Hey car man ...need advice! by re_agent Jul 16, 2006 (12:45 pm)
Currently have 03' Lincoln Navigator with 73K miles that I owe $28K on and am currently financed at 14.9% for a healthy payment of $732/mo. Need at least a mid size suv so I'm looking at the H3. I live only 4 miles from my office so a lease sounds attractive to me. Problem is I am only getting about 20K for trade in value on my truck. I realize that neg. equity greatly affects my payment, so I expect to pay more. I have been quoted $595 for 48 month lease with my trade and $2500 at inception from a local Hummer dealership here in the Atlanta area. I am waiting to hear what the miles, adj. cap, residual and money factor are but currently have only received the payment amount, length of lease (48 months) and the fact that it is a lUx model H3 with several options (sunroof, chrome wheels, chrome appearance, etc). I really need to get my payments down and don't mind leasing. Should I look elsewhere or this a decent deal given my negative equity? I can always refi into a better rate thru my credit union but I will still have a 03' truck killing me on gas and owing alot more than it is worth? What should I do? Thanks a ton in advance.   RE Agent Replies to this message: Car_man (Aug 28, 2006 2:06 am)
#168 of 415 Car_man This one is all your's!! by louie5 Jul 16, 2006 (3:55 pm)
What's the back-up inventory in Atlanta area? ......... louie5/bravo -over
#169 of 415 More info by re_agent Jul 17, 2006 (7:29 am)
I am dealing with the salesman over email as I want to crunch the #'s before driving all the way over there. He dos not want to give me residual, money factor or cap cost unless I am in person but has quoted 12,000 miles, 48 month lease at $595 a month + tax and I know I am about 10,000 upside down (not by edmunds, mind you, by other dealerships appraised trade value). So I came up with the following:   MSRP: $38445 Base Cap Cost: $34445 (advertised $4000 deduction) Costs added to lease: $10000 (negative equity) Cap cost reductions: $2500 (they want $2500 at inception) Adjusted cap cost: $41945 Residual value: 54% or $20760 Money factor: .00240 Term: 48 months   Pre tax cost: $595 a month   Couple of questions.....can I get them down anymore? I would REALLY like to get the payment lower and also have the in-dash navigation system but it is a $1570 option. I also want to do the deal with little out of pocket.   Also, how can I find out about the level of inventory of H3's in the Atlanta area? Replies to this message: Car_man (Aug 28, 2006 2:10 am)
#170 of 415 Greater Atlanta area inventory by louie5 Jul 17, 2006 (5:36 pm)
re-agent, I counted 111 h3's (20 mile radius)..I hear dealers are now reducing lease payments,waiting for confirmation (2007 H3's are on the way!) ....louie5/bravo - over

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