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Hummer H2: Lease Questions
Hummer H2: Lease Questions
30 messages,
Last post on Nov 19, 2007 at 2:44 AM
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HUMMER H2, HUMMER H2 SUT, Car Leasing, SUV
- #29 of 30
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Re: New Lease on a 2008 Hummer [duke0011]
by Car_man HOST
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Nov 19, 2007 (2:33 am)
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Replying to: duke0011 (Oct 14, 2007 12:14 pm)
Hi duke0011. GMAC's current base lease rate and residual value for a 39 month lease of a 2008 Hummer H2 with 15,000 miles per year are 4.2% and 55%, respectively. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its lease rates into approximate money factor equivalents by dividing them by 2400. If you are able to purchase this truck through GM's supplier purchase program, chances are that you are not going to be able to negotiate a lower selling price than the one that you are currently being quoted.
Car_man
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- #30 of 30
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Re: Leasing or Buying - Update [andic]
by Car_man HOST
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Nov 19, 2007 (2:44 am)
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Replying to: andic (Oct 22, 2007 11:32 am)
Welcome andic. There's nothing wrong with leasing new vehicles, if they have an attractive lease program available on them. General Motors' current program on the 2008 Hummer H2 isn't bad. I would be happy to use it to work up a sample lease payment on the exact truck that you are interested to give you an idea of what to expect, if you provide me with its full MSRP and selling price.
Car_man
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Hummer H2: Lease Questions