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Hummer H2: Lease Questions

30 messages,  Last post on Nov 19, 2007 at 2:44 AM

You are in the Hummer Forum. Your Hosts are steve_ & tidester

What is this discussion about? HUMMER H2, HUMMER H2 SUT, Car Leasing, SUV


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#1 of 30
Hummer H2: Lease Questions by Car_man HOST
Aug 31, 2005 (3:09 am)
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Hi everyone. Please use the following discussion to post any questions that you have about leasing a Hummer H2 SUV or SUT. Thanks.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#2 of 30
H2 SUT by sargondizzo
Feb 02, 2006 (5:54 am)
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How much will my lease payment be if I put zero down? The MPSR is $56,730 of my configured H2 on the site.
 
Thank you for your help!!
 
-Stacy
#3 of 30
Re: H2 SUT [sargondizzo] by Car_man HOST
Mar 13, 2006 (9:13 am)
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Replying to: sargondizzo (Feb 02, 2006 5:54 am)

Hi Stacy. The lease payment for the truck that you are interested in will vary depending upon a number of factors, including how long you want to lease it for, how many miles per year you need to be able to drive it, and its selling price. I would be happy to estimate what your lease payment for this truck should be if you provide me with this information.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#4 of 30
H2 SUT by octavio
Apr 14, 2006 (1:50 pm)
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Ok the car that I want is $57.000 with a capable options how much the payment will be with 1000 down, keeping the car for 36 months and driving 18000 miles per year also what type of insure i have to have when a car is lease also is it harder to get finance or to lease a car.
 I leave in Tampa , Fl the dealer name is Reeves hummer
 
Thanks
   octavio herrera
#5 of 30
Re: H2 SUT [octavio] by Car_man HOST
Apr 25, 2006 (3:46 am)
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Replying to: octavio (Apr 14, 2006 1:50 pm)

Hi octavio. Is $57,000 this truck's MSRP or its selling price? It doesn't really matter which one it is because I need both numbers to estimate what your lease payment should be. Always remember that the selling prices of leased vehicles are negotiable, just as if you were paying cash or financing. Let me know and I will be happy to use GMAC's actual lease program to estimate this truck's monthly payment.
 
Car_man
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#6 of 30
H2 SUT by octavio
Apr 30, 2006 (7:46 am)
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the selling price is 52000 remember 18000 miles er year 36 months
#7 of 30
Re: H2 SUT [octavio] by Car_man HOST
May 25, 2006 (8:15 am)
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Replying to: octavio (Apr 30, 2006 7:46 am)

Thanks for the additional information, octavio. OK, so you want to lease a 2006 Hummer H2 SUT that has an MSRP of $57,00 and a selling price of $52,000. According to my calculations, if you were to do so through GMAC right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $662. I based your lease on 15,000 miles per year because this is the highest mileage allowance that GMAC publishes residual values for. If you need to drive more than this you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#8 of 30
Hummer H2 Lease Incentives by rook1
Jul 11, 2006 (4:10 pm)
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I noticed a new leasing special on Hummer.com. My questions are: Is there anything like a standard residual on a H2 coming off lease in terms of standard percentage. Can you tell me about how the numbers on the offer work. Can I negotiate on the money factor? The offer is 499/mo on a base H2 Lux with 10k miles.">
#9 of 30
Re: Hummer H2 Lease Incentives [rook1] by Car_man HOST
Aug 28, 2006 (1:53 am)
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Replying to: rook1 (Jul 11, 2006 4:10 pm)

Hi rook1. Vehicles' lease rates and residual values are set by banks. Individual dealers have no authority to change vehicles' residuals. They cannot lower banks' published lease rates either, but they often are allowed to mark them up to add additional hidden profit to deals. This is why it is important to know what your vehicle's published lease rate is. GMAC's published lease rate and residual value for a 36 month lease of a 2006 Hummer H2 with 10,000 miles per year are 2.0% and 61%, 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 Forum
#10 of 30
H2 Lease Questions by psusouthpaw
Sep 01, 2006 (6:37 am)
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Hi Car man,
  I'm new to leasing so here's everything I have for you. I'm looking at a 2006 H2 with an MSRP of $62,125. My GMS price, plus current offers selling price is $50,191.60 plus tax. I'd like to get a zero down, 36 month lease with 10,000 miles per year. I'm in Pennsylvania so I believe it's 9% tax on a lease. Should I be looking for the 2.0% lease rate and the 61% residual you listed above? What would the monthly payment be? If you need anything else please let me know.
Thanks, Bill.

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