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Hummer H3 Lease Questions
404 messages, Last post on Jun 30, 2008 at 2:10 AM
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We bought from Hummer of Orlando this afternoon!!! These people are awesome, one of the best dealerships I have ever dealt with, they are family owned also. I received my GMID cert yesterday so we leased a 2006 H3 for 27 months. I think the lease specials for 2006 models ended today also. Here are my numbers: $36330 Msrp $33,271 supplier price $1709 cap cost reduction which included $595 acquisition fee $665 driveoff fees with 1st payment, tags, tax Total driveoff was $2375 and monthly payments are::: $327.79+ 21.31 tax which = $349.10 per month I think this is an awesome deal and we absolutely love this Hummer H3. Thanks for all the help and information here on Edmunds. Please visit this dealership if you are in central Florida.
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Can anyone tell me if the residual for the 07 is less than the 06? I am looking to lease an 07 H3 and the dealer told me that in 39 months (terms of lease) that the 06 would be worth more money than the 07. I think that he is just trying to get rid of the overstock of 06's that this dealer has and is pushing for the 06. Can Anyone let me know? By the way both trucks are the same, H3 Lux package, for 12,000/year. Thanks.
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| Your dealer is correct, GM is subsidising the higher residuals for the 2006 to unload them over the 2007. I have a message right above yours, we just leased a 2006 yesterday for 27 months. THe residual was 71% for 27 months or 72% for 24 months for 15k miles per year. The 2007's were 68% for 24 mo. and 69% for 27 mo. However I was told this ended yesterday for the lease specials on the 2006 so you may need to see what the new residuals are now. | |
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Replying to: tjones39 (Sep 24, 2006 7:14 am) 39 months 417.00 a month Did I get a good deal? John
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| I am thinking about leasing an 07 Hummer H3. i want the $29500 and with my supplier discount I can get it for $28000. I want to trade in my 04 Xterra XEI4 with 20500 on it. I have a $10600 payoff on it left. The dealer is offering me a $340 lease for 39 months with 10k but they are only offering me $10600 for my trade. Now both KBB and Black Book say its worth $11700 and a carmax dealer in my town is selling the exact same car with same mileage for $14000. The dealer even proved that my car is worth 11700 but he wont give it to me. if he gave me the extra money my lease would be $299. My question for you is what should I do. Should I accept the offer he is giving me or should I try and get the $299. I dont want to lose out on the car but I would much rather pay $40 less per month | |
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Hi! I have been looking at the site for a couple of weeks now and have decided to finally post. My wife has fallen in love w/ the h3 so I don't think I have a choice about getting one. Here's my question. Would we be better off getting a 2006 that has an MSRP of 36,265 or a 2007 w/ an MSRP of 32,080. We are wanting to keep the payment as low as possible but definetly need 15K/yr. We would like to keep it for 24-36 months. Could someone please give me an estimate...we were planning on putting 1500 down. Also...what is the GMID cert I keep reading about all about?? Thankyou in advance
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I made this deal last week before I knew this site existed. I negotiated for a 2007 H3x model. Sticker price was $43,815 and I negotiated down to $41,600. $2500 down 36 month lease. Dealer said the GMAC lease rate was around 4.45. Cap cost reduction of $1228.81 Residual Value is $25,412.70. Total rent charge is $4,602.20. Monthly payment is $604.51 I am not sure if this was a good deal or not for a lease. What do you think? Also I know you said GMAC calls money factor "lease rate" and you also said that if you divide that number by 2400 you get the actual money factor. Do they do this so that the consumer has a better picture of what they are paying in interest?
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I had a dealership tell me that they cannot lease 06 models anymore. I know the lease special is over, but does that mean 06s can't be leased. Sounded odd. Anyway, I am going to a different dealership on Thursday. Anyone got any offers lately on 06s or 07s? Thanks!
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Replying to: davese (Sep 24, 2006 4:23 pm) Car_man Host Prices Paid Forum |
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