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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

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


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#41 of 415
Re: Want to Lease an H3 HUMMER (Update) [mechilds] by gokhangulec
Dec 21, 2005 (1:20 am)
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Replying to: mechilds (Dec 19, 2005 10:45 am)

Hey Mechilds! How did you get the GMID? I heard it was possibe to get the MSRP discounted about 3200$.
#42 of 415
Re: Re: What would a lease work out to on a $38400 car? [Car_man] by gokhangulec
Dec 21, 2005 (1:33 am)
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Replying to: Car_man (Sep 27, 2005 2:14 am)

Hi CarMan! How did you get the selling price? Did you negotiate? Thanks in advance.
#43 of 415
Re: Re: What would a lease work out to on a $38400 car? [gokhangulec] by kirstie_h HOST
Dec 21, 2005 (4:36 am)
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Replying to: gokhangulec (Dec 21, 2005 1:33 am)

car_man didn't buy an H3, he was simply calculating a lease payment on a selling price that he thought a consumer could reasonably achieve through decent negotiation!
 
kirstie_h
Roving Host
Host, Future Vehicles & Smart Shopper discussions
#45 of 415
Re: Want to Lease an H3 HUMMER (Update) [mechilds] by gokhangulec
Dec 21, 2005 (9:15 am)
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Thanks for the info, and Merry Christmas to you too..
#46 of 415
H3 Residual Values by jester1161
Dec 21, 2005 (10:36 am)
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Hey looking for some info. I am looking to lease a 06 H3. I have leased many trucks just not a hummer so its a new dealer to me. They are all over the place with prices on the leases. I just wanted to know what you guys have for residual values on 2 and 3 year 15K leases? I have read back in the string and see 72% on a 2 year. Is it really that high??? If so nice.
 
Thanks
#47 of 415
Please help: I read all messages here and it is time to start negotiations! by gokhangulec
Dec 21, 2005 (9:21 pm)
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Hey all, thanks for all of this, it is really really great!
I would have some questions here about what I will use when I negotiate with the dealer.
 
1. The car I like has MSRP ~35K. I do not know how to negotiate this to the actual selling price. From what I read here from the previous messages, I could:
- either try to negotiate to the invoice price + 499$, 499$ for the DVD, and this because the dealer can still make money one from the $1000 cash rebate on the DVD and second from the HUMMER holdback (3% of the total MSRP) they get.
QUESTION: does that make sense to you?
or
- try to get a GMID, then the selling price may go down for 3k/4k.
QUESTION: Can anyone confirm this can be done if I have a GMID and, how I do get the selling price, from the dealer or from a website?
or
- try to negotiate a deal by using (Bonus Cash - Rebate Cash - Dealer Cash - Lease Cash) rebates, which make 750+750+1000+1000 = 2500$. Plus if I get the DVD deal, then maybe I would be able to get some of the 1000$ cash rebate, maybe 500$. All this would make a negotiation for (2500-499+500)= 2,5k$.
QUESTION: Can anyone confirm that dealers would accept those rebates?
 
2. I am thinking to lease it for 24 months (or 30 months), 18k miles/year, 0$ for DP.
QUESTION: Could you confirm that I can get
- a buy rate, which is 5.9% now, instead of lease rate 7.75% and
- the residual for 70% (or %65 for 30 months)?
 
3. Just as an example:
MSRP being 35k, if I was able to negotiate the selling price for 32k, let's assume that acquisition fee is 475$,
(QUESTION: Does anyone know anything about the amount for ack fee they charge?)
would then my monthly payments be: 472%+tax for 24 months and 460$+tax for 30 months?
 
I know I asked a lots of questions. I am hoping that someone can read all of this and help me. Thanks in advance again and HAPPY HOLIDAYS!
#48 of 415
negotiations by degraw
Dec 22, 2005 (6:54 am)
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We are looking to purchase a H3. I was looking for some advice as to what I should expect to pay for a H3 with the Luxury Package? Also, How do you get a GMID?
#49 of 415
Re: negotiations [degraw] by mechilds
Dec 22, 2005 (7:55 am)
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Replying to: degraw (Dec 22, 2005 6:54 am)

Here is the lease deal I was quoted:
 
MSRP- $35,420.00
 
Invoice- $31,989.88 (You should be able to get at least invoice price; these things are sitting on dealer lots by the hundreds in Houston)
 
Lease Terms- 36 months/15,000 miles per year
 
Upfront Money- First months payment
 
"Agreed Upon" price- Invoice
 
Final Capitalization Cost- $35,226.31 (sales tax in TX on autos is 6.25%, so there is an extra $1034.79 in fees in there for some reason)
 
Residual Value- 49%
 
Money Factor-.00193 (4.6%)
 
Monthly Payment- $598.84 *I calculated a monthly payment of $601.70 plugging the numbers into the formula as I know it, so their number seems right)
 
Anybody see something I am missing?? CarMan, does this deal sound right, and is it a good one??
#50 of 415
Re: negotiations [mechilds] by degraw
Dec 22, 2005 (8:18 am)
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Replying to: mechilds (Dec 22, 2005 7:55 am)

We want to purchase so you are saying that a $35,000 should sell for about $31,900?

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