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Prices Paid: Buying & Leasing Experiences 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
Hi, I am interested in leasing a 2006 H3. I have done a lot of reading and feel that I am informed on the leasing process; however, I do not understand what a GMID is and how you go about obtaining one. Is there any way that I can get this? If not, do I need this to get the best possible deal on leasing an H3? Thanks in advance for your help!
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Hi Car Man- Would you happen to know yet if the lease rates will be changing for February? Also does $522/month sound right for a $39.5K H3, at 39 months, with 15K miles and $1200 out of pocket. Thanks FFF |
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Hi All, Thanks for all the great information I have received on this board. I just leased an H3, with a GMID Certificate: My H3 Deal: Luxury Package 4 Speed Automatic Chrome Appearance Package Roof Rail Air Bag System Chrome Fuel Filter Chrome Tubular Steps Brush Guard Off Road Suspension Trailer Hitch and Wiring XM Satellite (with 3 months service) DVD promotion Color: Superior Blue/ebony MSRP: $39,850 GMID price: $33,622 Monthly Lease Amount: 357.00 including taxes Includes 3K down for a 24 month lease with 12K mile
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Replying to: imjj4short (Jan 25, 2006 7:15 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: miller14 (Jan 27, 2006 7:16 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: msid (Jan 31, 2006 11:06 pm) |
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Thought I was ready to start posting my lease questions but then I ran into this,.. My understanding of the GMID from what I've read here as well as other sites is that the GMID price is approx 1% lower than invoice and that is why some Dealers do not like to or will not accept the GMID even through they get reimbursed for that vehicle. I used NADA and KBB's vehicle builder (sorry Edmunds, you guys are missing options in yours) and each one of them came up with the same price details of the H3 I working on, $38,115 MSRP and $34,424 Invoice. But after getting my GMID, logging into the supplier site, locating the H3 we are working on, it shows the GMID/Supplier price is $34,874.47, but that is actually $450.47 higher than invoice? Is the GMID not always less than invoice?? Understanding GMID is usually approx 1% under invoice (or am I wrong?) wouldn't/shouldn't the GMID price of this H3 be more closer to approx $34,079.76 Vs actually being higher than the invoice of $34,424? |
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Hello Car_Man Can you can me an example/idea of the GMAC 24 and 36 month lease based on the following numbers? This is what I am trying to finalize on the H3 we are looking at. Sticker $38,118 , deal $33,675 (GMID price minus $1200 DVD incentive). Using those can you advise me of the approx we could expect on a 24 and 36 with 12k?
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Replying to: ksoles (Feb 14, 2006 7:31 am) Car_man Host Smart Shopper / Prices Paid Forums
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