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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

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


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#71 of 404
Re: H3 Lease help - fair price or not? [stasomatic] by marblez
Jan 09, 2006 (5:17 am)
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Replying to: stasomatic (Jan 07, 2006 6:01 pm)

I know this dealer will accept a GMID if they are still available, that should help the price. If not I purchased My H3 at Scott Hummer in Allentown Pa using a GMID.They will quote a price on the phone and from my last conversation with a salesman will give a discount.
#72 of 404
H3 lease ? by jhl1963
Jan 09, 2006 (10:09 am)
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thanks again Carman -
 
1= looking for 10k miles, 36/39 months
2= Is the bank fee of 5-600 actually part of the GMAC lease, or is a dealer's way of getting additional profit?
 
Thanks again, really helpful.
 
Hope to make a move shortly.
#73 of 404
Success - leased a green/green H3 - thanks for everyone's help! by jhl1963
Jan 09, 2006 (9:50 pm)
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Really appreciate all of the help.
#74 of 404
Just Got my GMID & about to visit my local Hummer Dealer by cgmmny
Jan 13, 2006 (6:02 pm)
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Hello Carman
 
I'm interested in leasing an H3. I would like to stay around the $450 monthly payment range (Including taxes). I just got my GMID yesterday and am ready to begin talks with my local dealer. Here are the numbers I've gotten off the GMbuypower website:
 
MSRP: $36,295 (Lux. Pkg, Auto, etc)
GM Supplier Price: $33,264.94
 
My first question is can I negotiate a price lower than the GMID Supplier price? Second, are there any rebate promotions? I would like to lease the car for 36 months, 15,000 miles per year. Please let me know the associated down payment needed to achieve the $450 monthly payment (taxes included).
 
Your insight is appreciated.
 
Kind Regards
 
Cgmmny
#75 of 404
Re: Hummer H3: Lease Questions [Car_man] by cgmmny
Jan 14, 2006 (4:03 pm)
Reply

Replying to: Car_man (Aug 31, 2005 4:09 am)

Hello Carman
  
I'm interested in leasing an H3. I would like to stay around the $450 monthly payment range (Including taxes). I just got my GMID yesterday and am ready to begin talks with my local dealer. Here are the numbers I've gotten off the GMbuypower website:
  
MSRP: $36,295 (Lux. Pkg, Auto, etc)
GM Supplier Price: $33,264.94
  
My first question is can I negotiate a price lower than the GMID Supplier price? Second, are there any rebate promotions? I would like to lease the car for 36 months, 15,000 miles per year. Please let me know the associated down payment needed to achieve the $450 monthly payment (taxes included).
  
Your insight is appreciated.
  
Kind Regards
  
Cgmmny
#76 of 404
Got GMID, now what? by jorgedbernal
Jan 17, 2006 (3:02 pm)
Reply

Replying to: Car_man (Dec 12, 2005 4:59 am)

Hi Car_man,
 
I just got my authorization number from GM, I suppose I can now get the H3 at the supplier price. I worked out the number on their Payment Estimator and want to know, is that exactly what I should pay or agree to pay? Can I lower that price even more? What other factors influence the monthly payment? Also, I have really bad credit, will I get nailed in the monthly payments because of that, eventhough I'm coming from a 39 month lease on a BMW Z4 where I paid religiously on time? Anyways I appreciate any help you can offer me, here are all the stats.
 
The H3 MSRP is $35020.00
Supplier price is $32159.07
According to the Payment Estimator my monthly payment will be 462.26 for 36 months, 15k miles giving 937.26 out of pocket (thats 462.26 first month and 475.00 security deposit).
I live in South Florida.
#77 of 404
H3 Lease Help by ken12345
Jan 18, 2006 (6:12 pm)
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Hello Carman,
 
I'm currently in the final stages of negotiating a lease with a Hummer dealership in the tri-state(ct,ny,nj) area. Right now i have a model with luxury/sunroof/navigation/xm/chrome appreance/chrome roof cross bars/brush guard/chrm tubular steps/chrome gas cap/trailering/and the special dvd package($299)..i pretty much have all the options...i was quoted a price of $40,265..its been difficult for me to quantify this on an MSRP basis because he took an existing model he had in stock and added my options to it (some are not listed on the various websites etc), i'm looking at a lease of 12k miles for 36 months...using a 64% residual and money factor of .00246, plus $900 in negative equity from a trade-in, i was quoted a lease price of $637 a month, about $1,020 due at signing (includes 1st month)... I really want to know if this seems too high, or at least the $40,265 figure...that is higher than every price i have seen on this site. Should i try to be getting him to lower his asking price? I know this is a bunch of info, but if you know a way i can exactly determine what the invoice price is compared to what he is asking it would be a great help. Much Appreciated, -Kevin
#78 of 404
H3 Lease with no GMID...Stupid? by imjj4short
Jan 23, 2006 (11:27 pm)
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Oh,Wise Ones who host this site...
 
I test drove the H3 yesterday and talked with the dealer this evening. I don't have a GMID. This is the deal we put together (all on paper, but nothing yet signed, so I can still walk away if it is a bad deal). Do you think I am good to go without the GMID if they stick to the deal or should I try to get one and renegotiate?
 
H3 1SC Automatic, Luxury, Chrome, Satellite Radio, Steps etc
$36,805 MSRP
$32,871 invoice (Edmunds)
 
No trade.
No money down (including first month, destination, etc.)
Nothing due at signing.
$495 a month including tax, license, etc
36 months
12,000 annual miles
Yes, I was stupid and didn't write down the actual selling price...I think it was around 32,000.
 
Any advice you can give me before I go down tomorrow would be appreciated!! I felt like I pushed the salesman as far as I could, but I am not sure...I would still like to get 15,000 annual miles.
#79 of 404
Re: H3 lease ? [jhl1963] by Car_man HOST
Jan 24, 2006 (5:45 am)
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Replying to: jhl1963 (Jan 09, 2006 10:09 am)

No problem, jhl1963. If you were to lease a 2006 Hummer H3 through GMAC right now for 36 months with 12,000 miles per year (I don't recall ever seeing a GMAC lease of a Hummer with fewer miles than this), its base lease rate and residual value should be 5.75% and 64%, respectively. Most banks that lease vehicles charge acquisition fees. In most states, GMAC's base lease acquisition fee is currently $595. Unfortunately this money goes directly to GMAC and dealers do not have any authority to waive it.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#80 of 404
Re: Success - leased a green/green H3 - thanks for everyone's help! [jhl1963] by Car_man HOST
Jan 24, 2006 (5:52 am)
Reply

Replying to: jhl1963 (Jan 09, 2006 9:50 pm)

Congratulations on your new truck, jhl1963. Enjoy!
 
Car_man
Host
Smart Shopper / Prices Paid Forums

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