You are here: Forums Prices Paid: Buying & Leasing Experiences Hummer H3 Lease Questions

Hummer H3 Lease Questions

394 messages,  Last post on May 11, 2008 at 6:39 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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

Messages Page 39 of 40 1 ... 34 35 36 37 38 39 40 Prev Next Last

Go To Msg # Search This Discussion

#380 of 394 Re: Current Lease Incentives on H3 [addisonmb] by Car_man HOST Apr 16, 2008 (3:49 am)
Replying to: addisonmb (Mar 21, 2008 7:05 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 Host Prices Paid: Buying & Leasing Experiences Forum
#381 of 394 Re: 2008 h3 lease [raw4uuu] by Car_man HOST Apr 16, 2008 (3:52 am)
Replying to: raw4uuu (Apr 01, 2008 11:29 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 Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: raw4uuu (Apr 16, 2008 3:54 pm) Car_man (May 09, 2008 2:43 am)
#382 of 394 Re: 2008 h3 lease [Car_man] by raw4uuu Apr 16, 2008 (3:54 pm)
Replying to: Car_man (Apr 16, 2008 3:52 am) thanx for the reply but not sure what you mean by selling price ? the sticker was 37230.00 including all options. Replies to this message: Car_man (May 09, 2008 2:43 am)
#383 of 394 GMS Discount by asch Apr 29, 2008 (3:35 pm)
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? Replies to this message: Car_man (May 09, 2008 2:49 am)
#384 of 394 At NJ Dealership: Lease deal good? by dangermoose May 03, 2008 (3:31 pm)
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.
#385 of 394 Taking over a lease - good deal? by dawnie417 May 07, 2008 (5:11 pm)
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 Replies to this message: Car_man (May 09, 2008 3:02 am)
#386 of 394 Re: 2008 h3 lease [raw4uuu] by Car_man HOST May 09, 2008 (2:43 am)
Replying to: raw4uuu (Apr 16, 2008 3:54 pm) You're very welcome, raw4uuu. By selling price I mean just that, how much the dealer is selling you this truck for. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. It is very important to negotiate as low a price as possible on the vehicle that you want before you have the dealer quote you a lease payment.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#387 of 394 Re: GMS Discount [asch] by Car_man HOST May 09, 2008 (2:49 am)
Replying to: asch (Apr 29, 2008 3:35 pm) Hi asch. If you are able to get GMS pricing on your new Hummer, you should be able to get an excellent selling price on your truck without having to haggle at all. Dealers make a little profit on these deals that they are not supposed to dip into for consumers, but I have heard rumblings about dealers doing so to seal deals. If I personally had access to GMS pricing, I would just take the quoted price and go with that...of course making sure that the dealer was not marking up my truck's lease rate when they calculated my monthly payment.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#388 of 394 Re: Taking over a lease - good deal? [dawnie417] by Car_man HOST May 09, 2008 (3:02 am)
Replying to: dawnie417 (May 07, 2008 5:11 pm) Welcome Dawn. I'm glad that you like this forum so much. Since you are new to leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.   The individual who you are dealing with is either confused to lying to you. If he has a 36 month lease, it's a 36 month lease. there's no such thing as an option to trade the truck in after 24 months...not for free anyhow. Sure, you would be able to do so, but it would likely cost you a lot of money.   There's nothing wrong with assuming someone else's lease, but before you do so you definitely should compare the cost of leasing a similar brand new truck to the payment that the lease you are considering assuming has. You may find that the deals on this particular model are better now than they were when this person leased theirs, or that they just didn't get a very good deal. Only five months in, there's no reason to assume a lease unless it is significantly less expensive than what you would have to pay for a brand new H3. You may want to try comparison shopping with a couple of dealers before pulling the trigger.   As far as this car's lease-end purchase price goes, chances are it is going to be higher than what it is worth on the open market when your lease is up. If this is indeed the case, then it doesn't make sense to buy your truck at lease-end. In most instances, consumers are actually better off walking away from their leased vehicles at the end of their terms than buying them.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#389 of 394 Lease Deal in NJ? by dangermoose May 09, 2008 (9:50 am)
The MSRP on this vehicle is about $42K. I have the dealer obtaining the purchase price in the lease terms for me right now. Is this a good deal? I have seen ads for $99/mo with $1190 due at signing on a base H3 with MSRP of $30,775.   Navigation Rearview Camera Chrome package Chrome wheels Sunroof Automatic transmission    $1000 down (includes first payment, fees, etc) 39 months 10K miles/year    $426/month    This seems like a great deal, but I'm not sure.

Messages Page 39 of 40 1 ... 34 35 36 37 38 39 40 Prev Next Last

Go To Msg # Search This Discussion

You are here: Forums Prices Paid: Buying & Leasing Experiences Hummer H3 Lease Questions