- #375 of 415
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Re: 2008 H3 Lease Questions [oemsls]
by Car_man HOST
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Feb 28, 2008 (2:15 am)
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Replying to: oemsls (Feb 23, 2008 9:48 am)
Hi oemsls. Here's the information that you are looking for. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Hummer H3 with 15,000 miles per year are 4.0% and 58%, respectively. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. So a lease rate of 4.0% would be equivalent to a money factor of around .00167. When negotiating your lease, make sure to take advantage of the $1,000 bonus cash and $1,050 lease cash that General Motors is currently providing on it. Good luck in your quest for a new Hummer and make sure to stop back and let us all know how it goes.
Car_man
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- #376 of 415
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IS THIS A GOOD DEAL?????????????????
by rmichaels55
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Mar 03, 2008 (10:11 am)
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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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- #377 of 415
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Current Lease Incentives on H3
by addisonmb
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Mar 21, 2008 (6:05 am)
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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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- #378 of 415
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2008 h3 lease
by raw4uuu
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Apr 01, 2008 (10:29 am)
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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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- #379 of 415
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Re: IS THIS A GOOD DEAL????????????????? [rmichaels55]
by Car_man HOST
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Apr 16, 2008 (2:47 am)
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Replying to: rmichaels55 (Mar 03, 2008 10:11 am)
Hi rmichaels55. The truck that you described probably has a spread of around $3,200 between its full MSRP and its dealer invoice price. Add to this the $1,050 lease cash and $1,000 bonus cash that General Motors is currently providing on this truck and you have a total of around $5,250 to play with during your negotiations. The $5,000 discount that you were quoted looks great to me. Just make sure that the dealer that you are working with uses GMAC's current base lease rate of 4% to calculate your monthly payment and you're in business.
Car_man
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- #380 of 415
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Re: Current Lease Incentives on H3 [addisonmb]
by Car_man HOST
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Apr 16, 2008 (2:49 am)
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Replying to: addisonmb (Mar 21, 2008 6:05 am)
Hi addisonmb. General Motors is currently providing $1,050 lease cash and $1,000 bonus cash ($2,050 total) on all 2008 Hummer H3 models. It has an additional $1,000 cash incentive on Alpha models that have been sitting on dealer lots for a long time.
Car_man
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- #381 of 415
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Re: 2008 h3 lease [raw4uuu]
by Car_man HOST
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Apr 16, 2008 (2:52 am)
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Replying to: raw4uuu (Apr 01, 2008 10:29 am)
Hi raw4uuu. It looks like the dealer that you are working with took all of the cash incentives that General Motors is currently providing on this truck into account on your deal. That is a good thing. You never mentioned what this truck's exact selling price is though. 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 the vehicle that they want to lease is that it is necessary to calculate its lease payment. I am sure that myself or some other helpful community member will be happy to give you their opinion of this deal if you let us know what the selling price is.
Car_man
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- #382 of 415
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Re: 2008 h3 lease [Car_man]
by raw4uuu
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Apr 16, 2008 (2:54 pm)
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Replying to: Car_man (Apr 16, 2008 2:52 am)
thanx for the reply but not sure what you mean by selling price ? the sticker was 37230.00 including all options.
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- #383 of 415
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GMS Discount
by asch
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Apr 29, 2008 (2:35 pm)
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I am able to get the gms discount, I was wondering if it is a set price or if I nogotiate the best price possible then get a discount on top of that?
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- #384 of 415
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At NJ Dealership: Lease deal good?
by dangermoose
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May 03, 2008 (2:31 pm)
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I have an offer from a dealer today in NJ for:
Solar Flare Orange H3 with Lux package
Navigation
Rearview Camera
Chrome package
Chrome wheels
Sunroof
Automatic transmission
$2000 down (includes first payment, fees, etc)
39 months
10K miles/year
$399/month
This seems like a great deal, but I'm not sure.
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