- #24 of 409
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About GM rebates
by smiamiguy
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Nov 23, 2005 (8:54 am)
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Hi, I am planning to buy a H3 and I have a GM certificate for $1000 and also the dealer said that they would give me another $1000 rebate, question: If the MSRP is around $33,000 and the invoice around $30,000, Should I deduct those $2000 from the MSRP and try to negotiate something off the $31,000 or negotiate and then apply the rebates?
Thanks!
Westongirl
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- #25 of 409
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Hummer lease
by sb1234
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Nov 25, 2005 (3:57 pm)
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Sheesh..
I went into a Hummer dealer here in California and asked for their special lease for $399 with $2972 down for a $33000. (It's on Hummer's website) I had a trade that was slightly under for a pretty popular luxury car, so I was willing to work that into the price would increase it by $4000. They refused to show me the 33k model and wanted me to get the 38.5K model. Couldn't get under $750 a month for 36 months... it was a joke. They wouldn't even show me the rates they were calculating. Our credit scores are well over 700. They dismissed the whole idea of negotiating. I was let go in 15 minutes. There is no Hummer dealer for miles. And I am not even a crazy person! I have negotiated 2 other leases before and always had a fair deal. I have always used Edmunds. Oh well... I guess I go buy another vehicle. We really need an SUV.
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- #26 of 409
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Re: Hummer lease [sb1234]
by marblez
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Nov 26, 2005 (6:25 pm)
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Replying to: sb1234 (Nov 25, 2005 3:57 pm)
I suggest you get a GMID certificate then go to another dealer if you really want an H3. Read my post #23. My Hummer dealer is about 75 miles away and they delivered the truck to my driveway. I also leased and had no problems at all, they were very upfront and gave me the lease at their buy rate which came in cheaper than the figures from GM Buypower. A H3 MSRP 33580 would sell for 30962. with 2933 at signing 36mo 12K per year would be 358 per mo. Assuming they roll over the 4K you owe into the lease by increasing the price of the H3 your payment should go up to 481. These figures are from the GM Buypower site.
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- #27 of 409
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Re: h3 lease payment [tbrown567]
by Car_man HOST
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Nov 27, 2005 (9:30 am)
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Replying to: tbrown567 (Nov 14, 2005 6:15 pm)
Hi tbrown567. If you are able to lease a 2006 Hummer H3 at invoice you are getting a very good deal. Just so you know, a few days ago GM introduced a new incentive on this truck that gives consumers a free entertainment system, either factory or dealer installed. Make sure that the dealer that you are working with puts one in the truck that you want before you lease it. Assuming that you are dead even in your Acura TL, the dealer is giving you the exact amount that you owe on it as a trade-in allowance, let's work up a sample lease payment for you and see what we come up with. According to my calculations, if you were to lease a 2006 Hummer H3 with an MSRP of $35,995 and a selling price of $33,275.78 through GMAC right now for 48 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $418. As you can see, something is wrong with the lease payment that you were quoted. I think that a little shopping around or renegotiation are in order.
Car_man
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- #28 of 409
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Re: h3 lease payment [tbrown567]
by Car_man HOST
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Nov 27, 2005 (9:34 am)
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Replying to: tbrown567 (Nov 15, 2005 2:29 pm)
Ahhh, now I see the reason why the lease payment that you were quoted earlier is higher. OK, let's add your negative equity into the lease and see what we come up with. With $2,380.17 in negative equity, the payment for the lease that I just mentioned would increase from $418 a month to $474.
Car_man
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- #29 of 409
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Re: About GM rebates [smiamiguy]
by Car_man HOST
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Nov 27, 2005 (9:38 am)
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Replying to: smiamiguy (Nov 23, 2005 8:54 am)
Hi Westongirl. General Motors is not currently providing any sort of customer cash incentives on the 2006 Hummer H3 right now, other than the certificate that you have. The $1,000 that the dealer you are working with is willing to give you is either a dealer discount or it is the $1,000 dealer cash that GM is providing to offer free entertainment systems on the '06 H3 right now. You should try to negotiate as low a price as possible on the truck that you want, stipulating that you want to have the $2,000 deducted from that price. If necessary, you can comparison shop with a few dealers.
Car_man
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- #30 of 409
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First time leaser
by gintini
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Dec 02, 2005 (4:37 pm)
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Dear car man,
I am about to lease a Hummer H3 (Upstate NY).
MSRP is 35165. I want to lease for 36 months, 10,000 mi/yr. I am willing to put a total money down equal to 5,000$.
I have never worked for GM. Neither I have relatives that did.
1) Can I still get a good discount?
2) What would be your suggested Selling Price?
3) Considering that GM is giving a 1000$ value Entarteinment System as incentive, can I ask them to "remove it" and give me a better discount?
4) What would be the APR/money market and the residual value?
Thanks
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- #31 of 409
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Re: First time leaser [gintini]
by marblez
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Dec 05, 2005 (5:36 am)
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Replying to: gintini (Dec 02, 2005 4:37 pm)
Maybe this will help: from my post 23 "I would suggest you go here https://www.gmfamilyfirst.com/ip-gmemployee/ Then under vehicle shopping go to GMID pricing...then you can find your exact vehicle at your dealer. Then after you pull up the window sticker you can go to shopping tools and go to GMAC "estimate payments" that exact truck will there with the GMID price filled in." You can then modify your down payment etc.Getting a gmid authorization is easy.I would suggest not doing a 10K a year lease it is much cheaper to go 12 or 15 at the beginning than paying in the end. Residual is 64% after 36mo. An H3 with a MSRP of 35000 (selling price 32148) will lease for 316 +tax for 36mo with 12k miles. That is assuming 4k down and 1k for start up fees etc. On the DVD I think the dealer gets 1K and you pay 499 for the system. If you don't take the system you don't pay 499 and the dealer does not get the 1K. I may be wrong on that though.
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- #32 of 409
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Re: First time leaser [marblez]
by gintini
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Dec 07, 2005 (11:59 am)
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Replying to: marblez (Dec 05, 2005 5:36 am)
thank you very much for your help marblez!
one more question, though....
can i accumulate my GMID Certificate with a GM card saving?
Thanks
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- #33 of 409
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Re: First time leaser [gintini]
by marblez
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Dec 08, 2005 (6:07 am)
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Replying to: gintini (Dec 07, 2005 11:59 am)
You can use GM Card earnings...1000 on H3. If you are anywhere near Pa I would suggest Scott Hummer in Allentown.
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