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Hummer H3 Lease Questions

409 messages,  Last post on Sep 02, 2008 at 2:51 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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#316 of 409
Re: Car Man or Mike B [seagull1] by extech2
Mar 29, 2007 (4:47 pm)
Reply

Replying to: seagull1 (Mar 28, 2007 2:04 pm)

Congratulations on the new Hummer. I'd love to hear from new buyers: how do you like it, how is the gas mileage in heavy city traffic, how is the drive on city streets and on the highway. It would help to include the name of your other car, obviously someone driving a Cadillac might find the Hummer too harsh, while coming from a small truck the new Hummer must be truly comfortable.
#317 of 409
H3 lease by ppete1
Mar 29, 2007 (5:29 pm)
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How does this sound?
 
H3 Base with automatic
MSRP - $31,640
Selling Price - $28,500
Residual - 59%
APR - 4.6%
$2,000 cash down
Tax 8.75%
39 months - 32500 miles
  
$350.88 per month including taxes etc.
#318 of 409
leasing a H3 by monkey145
Mar 30, 2007 (2:19 pm)
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i talked to a local dealer today and they mentioned the national deal for $299 with 2429 down w/ 5 speed manual. with all fee's it was around $2800 due at signing. I mentioned that I can get supplier pricing and they came back that it would drop my price to $294 a month. not a deal to me. supplier pricing is 1800 off and that should be more than $5 dollars a month. Also like someone else mentioned, there are two lease programs listed. One shows no down payment other than the 1st payment.
#319 of 409
Re: H3 Lease Prices [ryano1] by monkey145
Mar 31, 2007 (5:49 am)
Reply

Replying to: ryano1 (Mar 14, 2007 2:31 pm)

hey Ryano1, i'm in the same boat looking for what you are doing. the dealer i talked to dropped the price from $299 to $294 when I mentioned gm supplier discount, and still wanted the whole 2800 up front. 345 a month and 550 down sounds good to what i've gotten so far. Did you say you didnt want to put that much down or did that go away when you mentioned gm pricing?
#320 of 409
Leasing in NM by sinnombre
Mar 31, 2007 (8:11 pm)
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Hello,
Anybody know if the Lease rate (ie money factor) is still 3.43% and also if the current residual for a 2007 H3 base, automatic is still 59% for 12,000 miles? Still negotiating a final price but they are including a $950 cap cost reduction off MSRP.
 
Thanks
#321 of 409
leasing in WI by monkey145
Apr 01, 2007 (7:13 am)
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i just got my official quote yesterday from a local dealer. base H3 with automatic and the dealer had installed tube step bars. with supplier pricing it 29960 +/-. With putting $612 down the payments were 416 a month including tax. that doesn't seem competitive compared to what other people with supplier pricing are getting. they did say their was 950 in cap cost applied as well. too bad all hummer dealers in WI are through bergstrom.
#322 of 409
$950 cap cost reduction by sinnombre
Apr 01, 2007 (11:47 am)
Reply
Monkey,
Does your hummer have a sunroof? I think the $950 is a rebate for the sunroof, per hummer incentives, also what money factor and residual are you getting?
#323 of 409
High lease price? by felbie1
Apr 01, 2007 (3:28 pm)
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I went to my dealership today to look at the H3 and was interested in a base with automatic. When it came to numbers they said they were doing the National ad (299 39mos/10k miles/year) but with the automatic and the step bar on the side included. (they said total due was 3500, which seemed very high)
 
when it came down to it. We wanted 12k miles a year, just inceptions down. and I have 850 to roll in from a GMAC lease.
 
the price came to 423+tax with like 1300 for in inceptions. way too high I think. Any opinions or ideas of where I SHOULD be. I would think they would take all the incentives(3000 down in FL) off of that price, I also have GM points of about 1750 to use, as well as getting GM supplier discount, But I want to find a good price first and then use my discounts.
#324 of 409
Re: $950 cap cost reduction [sinnombre] by monkey145
Apr 02, 2007 (5:42 am)
Reply

Replying to: sinnombre (Apr 01, 2007 11:47 am)

no it didn't have a sunroof. they only let you demo one H3 with sunroof and adventure group. the one I wanted didn't have those options though.
 
Seems that the person in post #313 found the best deal. amazing that we are all trying to use supplier pricing and getting different quotes.
 
I also questioned how the supplier website shows leases with only 1st payment down. the guy i talked to said, the websites are never right. I guess dealers make their money by just saying the website is wrong and here is what we want you to pay.
 
The H3 is nice, but too bad the dealer was a putz and I left uneasy knowing that they couldn't meet what other people had posted for deals that they got with supplier pricing. I told him to let me show him this site and he just said that those vehicles are built different, that dealrs add options on after they get to the lot etc, that makes the price way off.
 
I didn't bother checking what the money factor etc. was, just wanted to leave at that point.
#325 of 409
Re: $950 cap cost reduction [monkey145] by rich50
Apr 02, 2007 (6:04 pm)
Reply

Replying to: monkey145 (Apr 02, 2007 5:42 am)

Monkey145,
 
If the dealer was such a putz that they would expect you to believe the GM couldn't produce an accurate ad I would find another dealer. Although it is possible the salesperson is the problem.
I leased mine at Dew Hummer and they were great- no games or gimmicks. I'm sure I didn't get the cheapest price around but they made the purchase an enjoyable experience.
 
H3 Luxury with Offroad package and all options except DVD and GPS, only dealer installed option was chrome step bars:
27 months/27k miles for $465 a month with only first month, tax, and tags down.

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