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Hummer H3 Lease Questions

415 messages,  Last post on Apr 27, 2009 at 6:09 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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#402 of 415
Re: Current Figures [mander30] by Car_man HOST
Jun 09, 2008 (2:39 am)
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Replying to: mander30 (May 28, 2008 11:17 am)

Here you go, mander30. 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 2.75% 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.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#403 of 415
Hummer H3 Lease Questions - latest figures by wpbond
Jun 19, 2008 (4:21 pm)
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Replying to: Car_man (Jun 09, 2008 2:39 am)

Car man,
 
A few questions about HUMMER H3 leases:
 
1. Are the money factors and residuals the same for H3 Base/Luxury versus H3 Alpha?
2. HUMMER currently has a $5K incentive for H3 purchases. Are they putting any incentive cash into H3 leases (either to customers or dealers)?
3. Does GM change the residuals and/or money factors when you change from a 24 to a 27 month lease or from a 36 to a 39 month lease?
4. With no money down and 15K miles/year, what is likely to be the lower payment/better deal, a 24 month or 36 month H3 lease?
5. Are the lease residuals and money factor you quoted on June 9th (above message) still valid? At the time you said a 36 month H3 lease at 15K mi/yr was 2.75% and 58% residual. If the 24 month is a better deal, please provide that data.
 
Also, if the H3 Alpha has different lease #'s, please provide those for 36 or 24-- whichever is better.
 
Thanks!
#404 of 415
Re: Hummer H3 Lease Questions - latest figures [wpbond] by Car_man HOST
Jun 30, 2008 (2:10 am)
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Replying to: wpbond (Jun 19, 2008 4:21 pm)

Hi wpbond. Here are the answers to your questions.
 
1) GMAC's lease program is the same for all Hummer trim levels.
 
2) While GM is now providing a whopping $7,000 cash incentive on the H3, it is only providing $600 on leases.
 
3) The lease rates for 27 and 39 month leases are the same as they are for 24 and 36 month leases, but the residual values are 1% lower.
 
4) A 36 month lease of an H3 should have a significantly lower monthly payment than a 24 month lease would right now.
 
5) Any lease program that I mentioned in June is still the same.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#405 of 415
the 99/month 1190 down deal - ?? is it real? by foozed
Jul 14, 2008 (7:00 am)
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Has anybody actually received the advertised 99/month 1190 down deal?
They advertise this in NJ and was wondering if its true or not - I've requested teh same from a local dealer in North Carolina - waiting to hear back.
#406 of 415
Got one for 24k out the door by foozed
Jul 31, 2008 (12:50 pm)
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Vehicle price was 21 and change after the 7k rebate and some other incentives the dealer put on it.
I had supplier discount as well, but he dipped below invoice.
 
the 24k included tax, tags, registrations etc - can't beat that!!
 
(i purchased, not leased).
#407 of 415
H3 Lease Information by jstango
Aug 12, 2008 (6:28 am)
Reply
I was in Contact with a Hummer Dealer on the south east coast of Florida yesterday. Here are some lease rates I received in a email:
Hope this helps some people!
 
Lease Hummer H3
  
Year Make Model Months Miles Down MSRP E price
 2008 Hummer H3 Base manual 39 10,000 $2995 $30,855 $369.00+tax
  
Year Make Model Months Miles Down MSRP E price
 2008 Hummer H3 automatic 39 10,000 $2995 $33,075 $389.00+tax
 2008 Hummer H3 adventure 39 10,000 $2995 $34,135 $409.00+tax
 2008 Hummer H3 lux 39 10,000 $2995 $39,150 $429.00+tax
2008 Hummer H3 Alpha 39 10,000 $2995 $39,420 $459.00+tax
  
  
Lease Hummer H3 2009
  
  
Year Make Model Months Miles Down MSRP E price Purchase
2009 Hummer H3 Base Manual 39 10,000 $2995 $32,855 $399.00+tax Or up to $5000 off
 2009 Hummer H3 Base 39 10,000 $2995 $34,855 $419.00+tax Or up to $5000 off
 2009 Hummer H3 Adventure 39 10,000 $2995 $35,075 $449.00+tax Or up to $5000 off
 2009 Hummer H3 lUX 39 10,000 $2995 $36,135 $479.00+tax Or up to $5000 off
 
Does anybody know the Lease rates for a 2009 H3 15 K a year?
Is there any incentive on a 2009 lease, Bonus cash or rebate?
 
Thank you!
#408 of 415
Press Request by KarenS HOST
Aug 20, 2008 (3:14 pm)
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A reporter with a large newswire would like to speak with consumers who purchased a truck or SUV in the past couple of months and received a good deal as demand was low because of gas prices. If you just purchased a truck or SUV recently, please respond to ctalatiedmunds.com with your daytime contact information no later than Monday, August 25th.
#409 of 415
Re: H3 Lease Information [jstango] by Car_man HOST
Sep 02, 2008 (2:51 am)
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Replying to: jstango (Aug 12, 2008 6:28 am)

Hi jstango. Thanks for sharing the quotes that you were given. These deals are not being run through General Motors' captive finance company, GMAC. GM pulled the plug on its special lease program for most SUVs recently. Since these deals are bring run through an independent bank, make sure to use the $5,000 customer cash and $1,000 bonus cash that are available on this model to negotiate a selling price that is well below dealer invoice. If I was in the market for an H3 right now, I personally would shoot for invoice minus any available cash incentives.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#410 of 415
really need to get rid of my hummer by hazmat4
Feb 10, 2009 (8:08 pm)
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Replying to: mander30 (May 28, 2008 11:17 am)

i'm from new jersey and bought a 2008 hummer in greenbrook new jersey and i really need to get rid of it the payment is really high its a h3 and i pay 610.00 a month what can i do
#411 of 415
Re: really need to get rid of my hummer [hazmat4] by tonyg41
Feb 12, 2009 (1:48 pm)
Reply

Replying to: hazmat4 (Feb 10, 2009 8:08 pm)

Your paying way too much I have seen expeditions go for lower monthly payment. Your options are to go to dealer explain situation and ask them to buy it back you will most likely have to take some sort of loss but its better then trying to keep it for years to come. Also try to sell it to used car markets or other dealers I know some people that have gotten to the point they drove there car to the Bronx and left it there with keys in ignition and doors open because they would have gone bankrupt. Not saying anyone should do that by any means but shows how desperate someone people get over car payments. Best of luck I was gonna look into getting a H3 I guess I might have to rethink that.

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