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Hummer H3 Lease Questions

409 messages,  Last post on Sep 02, 2008 at 2:51 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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#96 of 409
Re: Just leased an H3 [msid] by dogsambam
Feb 03, 2006 (2:50 pm)
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Replying to: msid (Feb 01, 2006 12:06 am)

What state are you in? When you say includes 3K down, did you roll it in, or was this up front? Sounds like an amazing deal. My BMW's lease is almost up, and I am seriously considering the H3. I am still so weary of GM quality, but for this kind of deal, there is no thought.
#97 of 409
GMID not always under invoice??? by ksoles
Feb 07, 2006 (2:47 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?
#98 of 409
H3 Lease #'s by ksoles
Feb 14, 2006 (8:31 am)
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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?
#99 of 409
Re: H3 Lease #'s [ksoles] by Car_man HOST
Feb 15, 2006 (4:09 am)
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Replying to: ksoles (Feb 14, 2006 8:31 am)

I would be happy to help you out, ksoles. First, let's take a look at this truck's current lease program. If you were to lease a 2006 Hummer H3 through GMAC right now for 24 months with 12,000 miles per year, its base lease rate and residual value should be 5.75% and 73%, respectively. The numbers for an otherwise identical 36 month lease should be 5.75% and 64%. Using these numbers, an MSRP of $38,118, and a selling price of $33,675 (which is extremely attractive), I estimate that this truck's zero down, pre-tax monthly payments should be around $392 for 24 months and $397 for 36 months.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#100 of 409
Re: H3 Lease #'s [Car_man] by ksoles
Feb 15, 2006 (5:46 am)
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Replying to: Car_man (Feb 15, 2006 4:09 am)

Car_Man
 
Thanks!! Final question,..would you mind posting, or evening emailing the details showing how you came about that? I would really like to have a much better understanding of the lease worksheet and seeing the actual calculation break down would be a HUGE help! Plus the pre-tax payment that they gave me was a good $85 higher, so clearly they are not using the actual amount I'm being told or "others" are being added in somewhere for something by them! If you could post or email me the calculation break down of how you came about that would be great! Thanks again!!!
#101 of 409
lease payment calculator by 67jeff
Feb 18, 2006 (9:18 am)
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Carman,
 
Id also like to know how you come up with the payment figures.
 
When I fill the info out at the gmac link from gmbuypower.com (smart lease stuff)
 
or use
 
http://www.leaseguide.com/lease08.htm
 
i always get a much higher number than you.
 
Also, where does GMAC publish its lease figures?
 
thanks
#102 of 409
Re: First time leaser [Car_man] by humbud
Feb 19, 2006 (11:43 am)
Reply

Replying to: Car_man (Dec 12, 2005 4:46 am)

First off I am new here and you (hosts) have helped me so much! I am now in a position to want to drive a newer car all the time and after reading many posts here and Leasing info on your home page I am considering leasing. I have seen this touched on but not directly.
My question; If i want chrome rims. Hummer offers them for about $900. On a 3y lease will I end up paying aprox. 40% of that? and the rest into residual value of truck? Next thought! Online I can buy a set of chrome rims AND tires (used 50 miles)for about the same as rims from dealer. What do you think?
PS. IF the stock tires last 3 years and 45k miles and return the lease in with bald tires is this considered normal wear, or will i have to pay for new tires?
 
THANK YOU so much.
Bud..................
#103 of 409
Residual costs on options by humbud
Feb 19, 2006 (11:55 am)
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First off I am new here and you (hosts) have helped me so much! I am now in a position to want to drive a newer car all the time and after reading many posts here and Leasing info on your home page I am considering leasing. I have seen this touched on but not directly.
My question; If i want chrome rims. Hummer offers them for about $900. On a 3y lease will I end up paying aprox. 40% of that? and the rest into residual value of truck? Next thought! Online I can buy a set of chrome rims AND tires (used 50 miles)for about the same as rims from dealer. What do you think?
PS. IF the stock tires last 3 years and 45k miles and return the lease in with bald tires is this considered normal wear, or will i have to pay for new tires?
  
THANK YOU so much.
Bud..................
#104 of 409
Re: Residual costs on options [humbud] by marblez
Feb 19, 2006 (6:06 pm)
Reply

Replying to: humbud (Feb 19, 2006 11:55 am)

Here is a link to GMAC excessive wear policies.
 
http://www.gmacfs.com/us/en/objects/pdf/SL_SB_Excess_Wear_Mileage.pdf
#105 of 409
Re: Residual costs on options [marblez] by humbud
Feb 19, 2006 (7:46 pm)
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Replying to: marblez (Feb 19, 2006 6:06 pm)

OK! Buy Or Lease? THATS the Question! We will go over mileage..20K a year total (5000over).
YOUR HELP NEEDED! sorry for yelling but I am pulling out what hair I got left!
 
Thanks Bud.....

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