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Prices Paid: Buying & Leasing Experiences Hummer H3 Lease Questions
404 messages, Last post on Jun 30, 2008 at 2:10 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Replying to: rmichaels55 (Mar 03, 2008 11:11 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: addisonmb (Mar 21, 2008 7:05 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: raw4uuu (Apr 01, 2008 11:29 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Apr 16, 2008 3:52 am)
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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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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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Hi there! I am totally estatic that I found this board!! I'm not sure how "fast" you answer questions, but I hope you can answer this before Saturday. Anyway, I've read some of the posts already and have learned alot. My question: We have NEVER leased before, and have considered leasing a H3. Long story short, on the news here in NJ they spoke about leasetrader.com (where you can take over other pple's leases which can be a great way to save $$) so we looked and we stumbled upon a 2008 H3 to take the lease payments over. It's in the next town over from us, and the guy doesn't need it anymore cuz he moved to NYC. Here is the info: ~ 2008 Hummer Sport edition ~ Value of it was $35,000. He put $3,000 down and the lease is for 36 mos. with the option to trade in during the 24 month. He's in the middle of his 5th month into the lease. Monthly payment is $379/mo including taxes. 12,000 mileage allotment per year. .10 cents over for each mile over. ~ The lease is with Gold Coast HUMMER of Oakhurst, NJ. He has 5000 miles on a 12000 mile a year lease which puts it under the monthly limit. Other info: He added chrome inserts on the top grill of the hood along with a chrome gas insert and chrome side molding. It's all black with tinted back windows and black and red interior. Added features include a CD player along with XM and Onstar/Onstar telephone. Outside thermostat on the rear view mirror and mirror itself dims according to time of day. The only thing we would have to pay is $595 for GMAC for the transfer of title, dmv fees and all that crap. The owner even offered to chip in some of that cost. He is also throwing in his TomTom GPS. Unfortunately it doesn't have leather or a sunroof...2 things we really like, but are willing to sacrifice that if this is a good deal for us considering we pay nothing down since that was already done!  SO MY QUESTIONS are as follows: 1) Is this a good deal for us? I'm thinking it is for us, considering we are not shelling out a dime (besides the fees to GMAC). Also, out of curiousity, did this guy get a good deal out of it (he put $3,000K down)? 2) Is there any "downfalls" in doing this by taking over a lease? Anything to 'watch' out for? Would like to hear your opinion on this. 3) Concerning buyout: I asked him about the buyout and his response was this: "I just spoke with the dealer, it was kind of high he said due to the fact of the condition that I described to him. Rough estimate of 28000 (he said he needs to see the car to get an exact). It retailed at 35,000 though." Thoughts? 4) He said the car is only a few mos. old. Does this buyout number drop as the car ages??? I'm a little confused about the buyout thing. Not sure if that seems high or not and if so, does that number drop? THANK YOU SO MUCH FOR YOUR TIME. I would love to hear your opinion on this. We are looking at it on Saturday, and would love to hear what you have to say about it and if you feel this is a good deal for us or not. ~Dawn
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