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Hummer H3 Lease Questions

404 messages,  Last post on Jun 30, 2008 at 2:10 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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#227 of 404
Re: Newbie and H3 [ripdog_mn] by Car_man HOST
Sep 24, 2006 (7:37 am)
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Replying to: ripdog_mn (Sep 20, 2006 1:37 pm)

Hi ripdog_mn. You really need to find out the selling price of any vehicle that you want to lease. This is a very important number to know because it shows you how good a deal you are getting on it and it enables you to estimate what your monthly payment should be. I would be happy to give you my opinion of this deal if you tell me what the selling price is.
 
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#228 of 404
Re: HELP [bl00d] by Car_man HOST
Sep 24, 2006 (7:39 am)
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Replying to: bl00d (Sep 21, 2006 6:29 am)

Greetings bl00d. This particular discussion is for consumers to talk about and ask questions about leasing a Hummer H3. I suspect that you will have better luck finding out an answer to your question about wheel alignment in the following discussion: "Hummer H3".
 
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#229 of 404
Re: 24 month lease payment [tjones39] by Car_man HOST
Sep 24, 2006 (7:45 am)
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Replying to: tjones39 (Sep 21, 2006 2:55 pm)

Hi tjones39. Yes, General Motors has special 24 and 27 month leases available on the 2007 and 2007 Hummer H3 right now. The 2006 Hummer H3's lease program is actually better than the 2007 H3's program right now. If you were to lease a 2006 Hummer H3 through GMAC right now for 24 months with 15,000 miles per year, its base lease rate and residual value should be 3.45% and 69%, respectively. The lease rate would be the same for a 27 month lease of this truck, but its residual value would be 68%. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400.
 
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#230 of 404
Re: 24 month lease payment [tjones39] by Car_man HOST
Sep 24, 2006 (7:49 am)
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Replying to: tjones39 (Sep 21, 2006 7:28 pm)

Tjones39, unfortunately the $2,000 customer cash that GM is currently providing on the 2006 Hummer H3 is not compatible with its special lease program.
 
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#231 of 404
Re: Is this BS or What? [davese] by Car_man HOST
Sep 24, 2006 (8:01 am)
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Replying to: davese (Sep 23, 2006 5:37 pm)

Hi Dave. Most manufacturers advertise leases on base models to make their monthly payments look lower. This is the case with the lease that GM is advertising on the 2006 Hummer H3 right now. The MSRP of the vehicle that is being advertised is $29,500. As you were told, this is the MSRP for a stripped Hummer H3 with a manual transmission. I would be happy to give you my opinion on the deal that you were quoted, but in order for me to do so I need you to provide me with the MSRP and selling price of the exact truck that you want.
 
As far as the down payment goes, you are free to put as much or as little down on leases as you want. In fact, it is in your best interest not to make any sort of capitalized cost reduction when leasing. I say this because if your leased vehicle is totaled in an accident or stolen and never recovered, your down payment essentially disappears. Of course, without any down payment your vehicle's monthly payment will be higher.
 
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#232 of 404
Re: Current Lease APR and Residual Values [tjones39] by Car_man HOST
Sep 24, 2006 (8:04 am)
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Replying to: tjones39 (Sep 24, 2006 7:14 am)

Hi tjones39. I just answered these questions for you in posts #229 and #230. Please check there for my response. Thanks.
 
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#233 of 404
Re: Is this BS or What? [Car_man] by davese
Sep 24, 2006 (4:23 pm)
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Replying to: Car_man (Sep 24, 2006 8:01 am)

Thank you Car-man.
 
I do not have the figures as they just brought out a piece of paper with handwriting on it.
 
I am contacting another dealership (there are only 2 in the Tampa Bay area) Monday as they are closed on Sundays.
 
I will post the info I receive from them as well as the other later this week.
 
And Yes I would appreciate you giving your opinion.
#234 of 404
lease price.. by joeycap
Sep 25, 2006 (1:25 am)
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Hi, my local Hummer dealership is offering 0% APR financing. I'm thinking about leasing for the 1st time and have done research using the links provided in this thread. Can you use the 0% APR for a lease or is that only for full purchases?
 
Assuming I can use the 0% APR offer what should I expect for a monthly payment with the following terms.
 
36 month / 15,000 per year
 
32,500 MSRP
30,000 Selling Price
1,000 down payment
 
If you can't use the 0% offer what would my monthly payment be with the same exact terms?
 
thanks in advance
#235 of 404
Re: Is this BS or What? [Car_man] by davese
Sep 25, 2006 (6:51 pm)
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Replying to: Car_man (Sep 24, 2006 8:01 am)

Here's what one of the dealers is offering.
 
07 H3
MSRP $38125
PRICE $37358
TERM 39 MTHS
RATE 3.95
RESIDUAL .61
MILES 10000
ACQ FEE $595.00
GVT FEES $198.00
TAXES $1388.01
PAYMENT $582.00
DOWN PAYMENT $3000.00
ADJ RESIDUAL $23256.25
 
I have one more dealer to go to tomorrow and see what they have to offer in response to this I have in hand.
 
Thoughts?????
#236 of 404
Lease to End by davese
Sep 26, 2006 (5:02 am)
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One dealer told me last night was the last day that GM was offering the special 06 leasing. Is this true? also will the 07 lease be better?

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