- #28 of 405
-
Re: h3 lease payment [tbrown567]
by Car_man HOST
-
Nov 27, 2005 (9:34 am)
-
|
|
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
Host
Smart Shopper / Prices Paid Forums
|
- #29 of 405
-
Re: About GM rebates [smiamiguy]
by Car_man HOST
-
Nov 27, 2005 (9:38 am)
-
|
|
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 $2,000 deducted from that price. If necessary, you can comparison shop with a few dealers.
Car_man
Host
Smart Shopper / Prices Paid Forums
|
- #30 of 405
-
First time leaser
by gintini
-
Dec 02, 2005 (4:37 pm)
-
|
Dear car man,
I am about to lease a Hummer H3 (Upstate NY).
MSRP is 35165. I want to lease for 36 months, 10,000 mi/yr. I am willing to put a total money down equal to 5,000$.
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
|
- #31 of 405
-
Re: First time leaser [gintini]
by marblez
-
Dec 05, 2005 (5:36 am)
-
|
|
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.
|
- #32 of 405
-
Re: First time leaser [marblez]
by gintini
-
Dec 07, 2005 (11:59 am)
-
|
|
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
|
- #33 of 405
-
Re: First time leaser [gintini]
by marblez
-
Dec 08, 2005 (6:07 am)
-
|
|
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.
|
- #34 of 405
-
Re: Re: Re: Re: Hummer H3: Lease Questions [Car_man]
by soto2
-
Dec 11, 2005 (8:56 pm)
-
|
|
Replying to: Car_man (Sep 15, 2005 4:30 am)
Daer Car-man
I have negotiated,the price to $500 below invoice (Invoice* $26,476 +Destination Charge: $565 =$27041-$500=$26,541 )I understand ther is a:
2006 Hummer H3 Rebate Information
Bonus Cash Rebate Cash Dealer Cash Lease Cash Loyalty Cash Internet Pricing
$750 - $750 - $1,000 - $1,000
and
HUMMER holdback: 3% of the total MSRP.
Can you work up a sample lease payment on the H3 5speed-base model.
|
- #35 of 405
-
Re: First time leaser [gintini]
by Car_man HOST
-
Dec 12, 2005 (4:46 am)
-
|
|
Replying to: gintini (Dec 02, 2005 4:37 pm)
Hi gintini. Even though neither you nor any of your relatives have ever worked for General Motors, you still should be able to negotiate an attractive deal on the Hummer H3 that you want. I see that you are aware of the free entertainment system offer that General Motors is providing on this truck right now. Unfortunately, dealers only receive a cash incentive from GM on trucks that are equipped with this option, so eliminating it will not help you get a better deal. You might as well include it in your truck. I am not personally all that familiar with what the market is like for the H3 right now. Surprisingly, there is not as much of a margin between its MSRP and dealer invoice prices as I thought there would be. A base 2006 Hummer H3 has a spread of $2,456.47 between these prices. If I was in the market for one right now, I personally would shoot for around $1,500 (plus the free entertainment system) or perhaps a little more off MSRP. Again though I am not personally familiar with what they are selling for right now.
GM is not currently offering a special financing program on the H3, but it does have a lease program on it. Its base lease rate for any length lease of one right now should be 5.90%. Its residual values vary depending upon how long you lease for and how many miles per year you need to be able to drive it. Its 36 month, 15,000 miles per year residual value is currently 62%.
Car_man
Host
Smart Shopper / Prices Paid Forums
|
- #36 of 405
-
Re: Re: Re: Re: Hummer H3: Lease Questions [soto2]
by Car_man HOST
-
Dec 12, 2005 (4:59 am)
-
|
|
Replying to: soto2 (Dec 11, 2005 8:56 pm)
Hi soto2. $500 below invoice is a heck of a good deal on this truck. I would be happy to estimate what your lease payment should be for you, however in order for me to do so I need you to provide me with its full MSRP.
Car_man
Host
Smart Shopper / Prices Paid Forums
|
- #37 of 405
-
Lease or Buy
by mc1
-
Dec 12, 2005 (12:08 pm)
-
|
Car_man
If you were given these 2 options which would you choose, someone is going to be buying or leasing this for me. I currently have a 98 Olds Bravada. Can probably get about 5k for it.
1) Someone else is going to put 5k down plus the money for my car and buy a new H3 for me.
2) Someone will lease the H3 for me for 36 months and give me 5k in cash and let me keep the money from my current car.
Which would you choose?
|
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences 
