Last post on Jul 14, 2010 at 6:32 PM
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HUMMER H3, Car Leasing, SUV
#338 of 425 Re: 24 Month Lease [holson]
May 10, 2007 (2:54 am)
Hello holson. You never mentioned the selling price of the H3 that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.
General Motors is currently providing a $950 bonus cash incentive on leases of the 2007 Hummer H3. Make sure to take this cash into account when negotiating the capitalized cost for your lease.
Prices Paid Forum
#339 of 425 Leasing info.
May 13, 2007 (4:26 am)
Hello to all.This might be my 1st lease.My local florida dealer has 07 H-3 delux w/auto for msrp $35415. on sale for $30415. lease for $299.month, $3500. down,$1800.tax,tag,title etc. 39 month lease.10000 miles a year.If my trade in value is $13000. and I have done the math right,I show $101.a month.Did I do this right? Or am I missing something.Thanks, bob
#340 of 425 Re: Hummer H3: Lease Questions [Car_man]
Jun 12, 2007 (5:38 pm)
I wonder if this is a good deal: 2007 H3 with luxury package. 10k miles, 39 months. $410 per month. Paying nothing upfront but inception. Thanks!
#341 of 425 Re: Leasing info. [dognut2]
Jun 14, 2007 (2:22 am)
Hello Bob. Since you are new to leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
I see that you are considering trading your current vehicle in when you lease your new Hummer. There's nothing wrong with doing this, but it would be in your best interest to have the dealer that you're working with cut you a check for your trade rather than using the proceeds from it as a down payment for your lease. I always advise consumers against making large down payments when leasing. Those who make them, risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered.
Prices Paid Forum
#342 of 425 Re: Hummer H3: Lease Questions [akr11]
Jun 14, 2007 (2:25 am)
Hello akr11. You never mentioned the selling price or MSRP of the H3 that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to work up a sample lease payment on the car that you are interested in for you if you let me know what these numbers are.
When negotiating the selling price of the H3 that you're interested in, make sure that you take advantage of the $950 (that's a strange number isn't it. Why not just make it $1,000?) bonus cash that is currently available on it.
Prices Paid Forum
#343 of 425 Newbie, who's looking to lease a 07 H3 Base
Jun 30, 2007 (5:18 pm)
Thanks for taking my question. Does a residual value of 28,795 sound "kinda" high. Should'nt it be around 20-23,000 on a 39 mos lease w/no money down w/10000 miles a year, on a 07 Base model H3 w/tow package and xm radio. My salesman gave me this number before he even ran my application. I should know the Money Factor...right? I have a Chevy S-10 Zr2
that I still owe 10,885 on and I figure I have close to 4500 in equity in it and they offered 12000 for it. Should I negotiate more for my trade? Fair market value for it is around 14,000-16,000
Any advice would be greatly appreciated !
Jul 10, 2007 (10:49 pm)
2007 Hummer h3 Base w/sunroof and side running boards...vehicle is Boulder Grey...they paid off $900-on my last veh leftover payments...MSRP $33,950
Lease Price $32,400
Cap Cost Reduction $1500.00
Length 39 Months
Lease Rate 4.0
Residual Value $20030.50 Rent Charge $3502.96
Total Money down $1687.40
Monthly Payment $425.87...CAN ANYONE TELL ME HOW I DID AS A SINGLE GIRL GOING TO BUY A CAR BY HERSELF??? Thanks
#345 of 425 Re: h3 lease payment [marblez]
Jul 11, 2007 (6:55 am)
I was just quoted:
H3 Black/Black Tactical Edition
Sign and Drive (other than plate transfer)
39 months 39,000 miles
I believe this is a good deal......
Does anyone know the best way to get out of another GM lease with 11 months left?
#346 of 425 Re: h3 lease payment [piepiezzz]
Jul 11, 2007 (7:07 am)
Sometimes they have an early lease exit if your buying another GM ask the salesman. They offered me an early exit when I bought my H3 but was under 6 months. 11 months is a little long.
#347 of 425 Re: h3 lease payment [piepiezzz]
Jul 16, 2007 (2:15 pm)
Call gm and get the current buyout price for your car. Remember that a Dealer will not pay tax to buy so get that number if available. If the car can be sold for more than that number, you should be able to trade it in. Its essentially the same as trading in a car before the loan is payed off.