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Hummer H3 Lease Questions

404 messages,  Last post on Jun 30, 2008 at 2:10 AM

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

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#343 of 404 Newbie, who's looking to lease a 07 H3 Base by jhuffman Jun 30, 2007 (6:18 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 3:22 am)
#344 of 404 39 month lease by debster5430 Jul 10, 2007 (11:49 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 3:30 am)
#345 of 404 Re: h3 lease payment [marblez] by piepiezzz Jul 11, 2007 (7:55 am)
Replying to: marblez (Nov 15, 2005 6:25 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 8:07 am) steevo (Jul 16, 2007 3:15 pm) Car_man (Jul 20, 2007 3:33 am)
#346 of 404 Re: h3 lease payment [piepiezzz] by mikeb10 Jul 11, 2007 (8:07 am)
Replying to: piepiezzz (Jul 11, 2007 7:55 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 404 Re: h3 lease payment [piepiezzz] by steevo Jul 16, 2007 (3:15 pm)
Replying to: piepiezzz (Jul 11, 2007 7:55 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 404 Re: Newbie, who's looking to lease a 07 H3 Base [jhuffman] by Car_man HOST Jul 20, 2007 (3:22 am)
Replying to: jhuffman (Jun 30, 2007 6:18 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
#349 of 404 Re: 39 month lease [debster5430] by Car_man HOST Jul 20, 2007 (3:30 am)
Replying to: debster5430 (Jul 10, 2007 11:49 pm) Hi debster5430. You definitely are on the right track. You provided all of the important information in your post. As you may already know, the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Shop around for the lowest possible selling price on the H3 that you want, making sure to take advantage of the $1,000 lease cash that is currently available on it. I am personally not all that familiar with what the market is like for the H3 in your area right now, but I suspect that you should be able to do better than the $32,400 that you were quoted. The 4.0% lease rate that you were given is right on the money.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#350 of 404 Re: h3 lease payment [piepiezzz] by Car_man HOST Jul 20, 2007 (3:33 am)
Replying to: piepiezzz (Jul 11, 2007 7:55 am) Hi piepiezzz. General Motors will currently waive the final four payments for lessees who purchase or lease a new GM vehicle, but 11 months is a lot more than that. Why do you want to get out of your current vehicle so early? Chances are that it will be very expensive for you to get out of your lease almost a year early. You would be better off waiting until you are closer to the scheduled end of your current lease to get something new.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#351 of 404 h3 lease by roboshap Jul 22, 2007 (12:44 pm)
Just wanted to know if I'm getting a good deal on an h3 luxury package w/ sunroof, 39-month lease, 12,000 mi/yr   MSRP - $36,465 $700 due at signing includes first month payment $400 per month including tax
#352 of 404 h3 lease by joeycap Sep 27, 2007 (11:20 pm)
Hi Car man, can you tell me if this sounds about right?   2008 H3 lease..   MSRP: $33,030.00   Selling Price: $31,500.00   39 months, 12k miles per year $5,000 cash total out of pocket at signing   monthly payment $379 per month Replies to this message: Car_man (Oct 09, 2007 2:21 am)

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