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Hummer H3 Lease Questions

415 messages,  Last post on Apr 27, 2009 at 5:09 AM

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

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#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)
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)
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? Replies to this message: mechilds (Dec 22, 2005 7:55 am) degraw (Dec 22, 2005 8:18 am) marblez (Dec 22, 2005 1:54 pm) degraw (Dec 22, 2005 9:34 pm) gokhangulec (Dec 22, 2005 5:25 pm)
#49 of 415 Re: negotiations [degraw] by mechilds Dec 22, 2005 (7:55 am)
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?? Replies to this message: degraw (Dec 22, 2005 8:18 am) marblez (Dec 22, 2005 1:54 pm) degraw (Dec 22, 2005 9:34 pm) gokhangulec (Dec 22, 2005 5:25 pm)
#50 of 415 Re: negotiations [mechilds] by degraw Dec 22, 2005 (8:18 am)
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?
#51 of 415 Re: negotiations [mechilds] by marblez Dec 22, 2005 (1:54 pm)
Replying to: mechilds (Dec 22, 2005 7:55 am) I know you didn't ask me but I don't think that is a good deal.   1. The Capitalization Cost is the price you are paying for the truck. Subtract the "fees" and the price you are paying is 34192 not exactly invoice.   2.I calculated a H3 with a MSRP of 35455 using a GMID the selling price is 32441 with only the 1st payment down your payment for 36mo 15k should be 467 a month plus tax. That is from GMAC. Replies to this message: degraw (Dec 22, 2005 9:34 pm)
#52 of 415 Re: negotiations [mechilds] by gokhangulec Dec 22, 2005 (5:25 pm)
Replying to: mechilds (Dec 22, 2005 7:55 am) * Your residual is really low. For 36 months and 15k, it should be 62%. This is what I learned from this forum. You should try to get it up. * But your interest rate is better than what I have seen here. The best was 5.9%, but yours is 4.6%.   Please use http://www.leaseguide.com/calc.htm to calculate your monthly payment.   I hope this helps.
#53 of 415 Re: negotiations [marblez] by degraw Dec 22, 2005 (9:34 pm)
Replying to: marblez (Dec 22, 2005 1:54 pm) Thanks for your info, I was looking at purchasing vs. lease- I don't think a lease is for us, I don't like the mileage restrictions etc...
#54 of 415 GMID Certificate by ddarling Dec 25, 2005 (2:07 pm)
Anyone got one left for December? I'd like to get a Hummer H3. Thanks.
#55 of 415 by car_will Dec 28, 2005 (2:21 pm)
Hi All,   First post here….. I’m very interested in buying or leasing the H3. I’m dealing with the Sales person via email and have been offered $1,23.50 over invoice, MSRP is being listed as $33,970 for the 1SA and $35, 909 for the 1SC. Couple of questions.   1. Is MSRP the same as invoice price? 2. Is this a good deal? 3. Should I jump on this for the free DVD system, offer expires Jan 31st?   Just one more thing – I noticed that the prices were around a $1k+ cheaper yesterday, until I shared my figures with the Salesman…..   Thanks in advance,   Cheers and happy new year to all….. Replies to this message: marblez (Dec 29, 2005 6:53 am)
#56 of 415 Re: [car_will] by marblez Dec 29, 2005 (6:53 am)
Replying to: car_will (Dec 28, 2005 2:21 pm) MSRP is the price on the factory sticker on the window, Invoice is the dealers "cost" included in that will be advertising and holdback 3% that the dealer gets back.   If you get a GMID a H3 1SA with MSRP of 33965 will sell for 31299. H3 1SC with MSRP of 35900 will be 32908.   In my opinion the DVD system is a personal choice wouldn't influence me either way. I thought the DVD was $499 not free. Maybe it is different where you are.   Remember the price will not be he price until you are sitting at the dealer and signing the papers. I know Hummer dealers are not close to most people but if you have a GMID at least you know the price and you will have access to a special version of GM Buypower where you can see the prices and figure out lease and buy payments. If you are near Pa I can reccomend a dealer.

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