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Prices Paid: Buying & Leasing Experiences Hummer H3 Lease Questions
415 messages, Last post on Apr 27, 2009 at 5:09 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: sschroeder (Jan 14, 2008 4:56 pm) 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 car 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 the vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be happy to give you my opinion of this deal if you let me know what its selling price is. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jf7227 (Jan 21, 2008 1:03 pm) Let's work up a sample lease payment on this truck for you and see what we come up with. The Hummer H3 Alpha probably has a spread of around $3,000 between its full MSRP and its dealer invoice price. For now I will assume that you are able to negotiate a $2,500 dealer discount. According to my calculations, if you were to lease a 2008 Hummer H3 that has an MSRP of $43,250.and a capitalized cost of $39,700 ($43,250 - $2,500 discount - $1,050 lease cash) through GMAC right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $514. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Jan 24, 2008 3:28 am)
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I am am 20 years old and have never bought a new vehicle... And I have decided to lease a new H3 Base Model With a MSRP of 33.485 How is the best way for me to go about trying to make a deal... Im Lost.... where should I start... I have read the 10 steps to leasing a car but I need someone to kinda of explain what to do what needs to be said... what dont need to be said... How do I know whether I am getting a deal or not... The closest dealership is 2 hrs away from my home... How can I get a deal and not take more then one day of my time?? Thank you! 
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Does anyone know the current money factor and residual value on a 2008 H3, with an MSRP of $32670.
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Replying to: slewis01 (Jan 31, 2008 7:59 am) |
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I am looking to get into my first H3. I am planning on leasing the vehicle but do not know what current residual and or money factor is on a 36 month lease. The specific model I am looking at is the base model with luxury package, power sunroof, chrome package and automatic trans. I am located in southern NH. I would love to get the info as soon as possible as I want to go out and do the deal this weekend. Any help will be much appreciated!!
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Replying to: jf7227 (Jan 24, 2008 7:22 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jthomas6727 (Jan 30, 2008 9:34 pm) From the looks of it, you have already checked out the 10 steps piece. I will boil things down even further for you. The two most important numbers to focus on when leasing a new vehicle are its selling price and the interest rate or money factor that you are being charged. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Comparison shop with a few dealers for the best possible price on the new H3 that you want. The combination of lackluster new vehicle sales, high gas prices, and the H3's poor crash test results will probably enable you to get a great deal on one right now. If I was in the market for a new H3 right now, I personally would shoot for a selling price of right around dealer invoice. You can look up the dealer invoice price of the exact truck that you want by visiting the following section of this site: New Vehicle Pricing. When negotiating your lease on this truck, make sure to take the $1,050 lease cash and $1,000 bonus cash that General Motors is currently providing on it into account. Once you have arrived at a selling price that you are happy with, have the dealer calculate your lease payment using GMAC's current base lease rate of 4.0% and you're all set. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: slewis01 (Jan 31, 2008 7:59 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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