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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
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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Replying to: oemsls (Feb 23, 2008 9:48 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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H3- Base - Adventure Package - Sunroof - Chrome Appearance Package - Chrome wheels - Chrome gas gas cover - Power Driver seat - Side Chrome tube steps - Roof rails $379/month, includes taxes $1,800 down, includes first payment, and all up front fees. 27 month lease 10,500 miles per year The MSRP is almost $39K and the lease is based off a selling price of $34K, which is well below invoice. Although the buyout seems high at $27,496, but it is a short lease term.
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Car_man, I'm looking at doing a SmartLease or SmartBuy on a 2008 H3 (haven't decided between base or alpha right now). When I use the GMAC lease tool on the Hummer site it automatically includes a $1,750 manufacturer's allowance. Do you know if this includes the $1,000 lease rebate that Edmunds has listed in the incentives area or is this in addition to the rebate? Thanks
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bad, good or great deal ?? on a 2008 h3 sticker msrp was 37230.00. lux pkg,pwr moon roof, automatic, chrome door handles and mirrors . 39 months with 12000 miles a year. long island ny. 415.00 a month 0 down and taxs included in monthly payment. how did i do ?????? factory rebates were 3050.00
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