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Hummer H3 Lease Questions

415 messages,  Last post on Apr 27, 2009 at 5:09 AM

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What is this discussion about? HUMMER H3, Car Leasing, SUV

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#339 of 415 Leasing info. by dognut2 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 Replies to this message: Car_man (Jun 14, 2007 2:22 am)
#340 of 415 Re: Hummer H3: Lease Questions [Car_man] by akr11 Jun 12, 2007 (5:38 pm)
Replying to: Car_man (Aug 31, 2005 3:09 am) 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! Replies to this message: Car_man (Jun 14, 2007 2:25 am)
#341 of 415 Re: Leasing info. [dognut2] by Car_man HOST Jun 14, 2007 (2:22 am)
Replying to: dognut2 (May 13, 2007 4:26 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.   Car_man Host Prices Paid Forum
#342 of 415 Re: Hummer H3: Lease Questions [akr11] by Car_man HOST Jun 14, 2007 (2:25 am)
Replying to: akr11 (Jun 12, 2007 5:38 pm) 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.   Car_man Host Prices Paid Forum
#343 of 415 Newbie, who's looking to lease a 07 H3 Base by jhuffman Jun 30, 2007 (5:18 pm)
Hey Car_Man,   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 !   Thanks,   Jeff Replies to this message: Car_man (Jul 20, 2007 2:22 am)
#344 of 415 39 month lease by debster5430 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 Replies to this message: Car_man (Jul 20, 2007 2:30 am)
#345 of 415 Re: h3 lease payment [marblez] by piepiezzz Jul 11, 2007 (6:55 am)
Replying to: marblez (Nov 15, 2005 5:25 am) I was just quoted:   H3 Black/Black Tactical Edition   GM plan MSRP 35,135 Sell 31,199 Sign and Drive (other than plate transfer) 39 months 39,000 miles $409/month   I believe this is a good deal......   Does anyone know the best way to get out of another GM lease with 11 months left? Replies to this message: mikeb10 (Jul 11, 2007 7:07 am) steevo (Jul 16, 2007 2:15 pm) Car_man (Jul 20, 2007 2:33 am)
#346 of 415 Re: h3 lease payment [piepiezzz] by mikeb10 Jul 11, 2007 (7:07 am)
Replying to: piepiezzz (Jul 11, 2007 6:55 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 415 Re: h3 lease payment [piepiezzz] by steevo Jul 16, 2007 (2:15 pm)
Replying to: piepiezzz (Jul 11, 2007 6:55 am) 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.
#348 of 415 Re: Newbie, who's looking to lease a 07 H3 Base [jhuffman] by Car_man HOST Jul 20, 2007 (2:22 am)
Replying to: jhuffman (Jun 30, 2007 5:18 pm) No problem, Jeff. The higher your truck's residual value is, the better because the lower its monthly payment will be. Naturally, the higher the price you can negotiate for your trade, the better. I am not personally familiar with how much a used Chevrolet S-10 is worth on the open market right now, but you may be able to get an idea by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values".   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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