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Prices Paid: Buying & Leasing Experiences Hummer H3 Lease Questions
409 messages, Last post on Sep 02, 2008 at 2:51 AM
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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
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| What's the back-up inventory in Atlanta area? ......... louie5/bravo -over | |
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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?
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| 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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What are the current offers on Hummer H3 Leases? I'm interested in a 27 and 39 month lease with 12k a year. Thanks, Kevin
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Local dealership is offering an 06 H3 with an MSRP of $31,585 (base/auto) for $288 month for 39 months on a 10k a year lease. Taxes, Doc fee, acq fee, and $700 are due at signing. Why is this deal so great compared to others out there? Am I dumb to put taxes down to take this deal? Thanks, Kevin
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I was offered the following deal. First let me tell you that was are dumping $2283 of my old car into the payments. MSRP $36,360 27months 15k miles inception fees ($1618) $499 Remember that we are putting $2283 in payments back into this lease to get out of my old car. Is it worth it or not? Does anyone know of a good dealer in NJ. I want to lease the car this weekend or should I hold out, anything advice is appreciated. Please comment on the price and if it is worth it.
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Replying to: clopay (Jul 21, 2006 3:49 am)
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Replying to: nissan350z (Jul 21, 2006 2:00 pm)
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Replying to: drivin2fst (Jul 21, 2006 2:31 pm) |
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