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Hummer H3 Lease Questions

415 messages, Last post on Apr 27, 2009 at 5:09 AM
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Replying to: drivin2fst (Jul 21, 2006 1:31 pm) |
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| Leased a 06 H3 today! 27 months with 15k annual miles at $471.00 a month,and $895.00 at signing. MSRP was $36;460.00(1sc)Superior Blue. It was for the Wife,and she overjoyed and calls it her "Command Vehicle"...louie5 over/out | |
| I read in post #134 the guy got a GMID. Would someone be kind enough to tell me what a gmid is? Thanks in advance. | |
| Someone who works for GMC or one of it's suppliers....louis5/bravo....over | |
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Just left the dealer and we thought we should do some quick research before we go back in a few days. Here is what is being offered. For vehicles under $32000 MSRP (Base Model) $299 per Month 36 Month 10,000 miles per year with $2999 due at signing Our plan is to get one of the models with some good bells and whistles taking the price up to about $38,000 Our questions... 1. Is $2999 due at signing negotiable? 2. Any good tricks to bring to the table when talking lease? 3. Any advantage to a shorter lease? Thanks for the help.
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I would like to purchase a H3 but don't know a Gm employee to take advantage of the discounts….Would anyone be able to supply me with a GMID number???? Thank you for the help… Pipe |
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Replying to: egospa (Jul 24, 2006 4:35 pm) 1. The residual value is going to change based on the length of the lease. I was first quoted on a 39 month lease. When I found out that the extra 3 months dropped the residual value from 62% to 57% I quickly decided that is the "sucker" deal. On the vehicle I was looking at that would have been over $1750 difference. I would avoid any of the 27 or 39 month deals. 2. Make sure you ask about the acquistion fee and documentation fees. Initially I was talking to another dealer and he told me there wasn't an acquisition fee and I couldn't understand why I was coming up with different monthly payments than he was. Turns out he put $595 acquisition fee in there. 3. Probably the most important of all is the money factor or APR. This is used to determine your "rent charge" or "usage charge" depending on wording. My dealer actually had it figured as an APR but if it is a money factor it will be APR divided by 2400. So it will be a decimal point figure like this (0.0014375). I ended up getting this or 3.45% APR. This figure can drastically change your monthly payment. It is multiplied by the net cap cost plus the residual value. 4. Some of the dealer installed options can't be residualized. So for instance you are paying 100% of the cost for the black roof rack and the floor mats. Supposedly GMAC will not let them residualize the cost of those options. I had 2 dealers tell me this so I assume it is legit. My deal ended up being pretty sweet. I was talking to 3 dealers and the one I chose gave me 3.45% usage charge for 36 months with residual 62%. My monthly payment is $383.28 on a vehicle MSRP of almost $35K. I'm happy.
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Replying to: chuck68516 (Jul 25, 2006 12:29 pm) I am getting the major run around here in FL. Reeves Hummer in Tampa told me the lowest they would sell un H3 for is $1500 under msrp. The lease prices I have been getting is $500 plus tax on a 27/15K lease with first months and LR. I had to tell Reeves and Dew Hummer that I guess they just weren't interested in selling a vehicle. I even let them know my wife's lease was up on Monday on her Tundra and we had to have a Vehicle.
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Replying to: captchancey (Jul 29, 2006 8:39 am) |
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Replying to: Car_man (Feb 15, 2006 3:09 am) Thank you very much...rvman (what dealers are offering the best deals now???)
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