Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Hummer H3 Lease Questions
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Car_man
Host
Prices Paid Forums
Car_man
Host
Prices Paid Forums
Any assistance would be greatly appreciated.
I am looking to lease or buy an H3 MSRP is about $38,500.
27mnths $1000 down, 15k/yr, i went to the dealer, sat down with the desk guy, he gave me 420 incl tax, told me he was splitting the difference between holdback and invoice, which i think came out to be nearly $33000, i think the rate was 3.75% now post #152 got more expensive car for $40 less/mnth and $500 less down, should i just go to the dealer and tell him to get me this same deal as post#152? do you think this deal is doable? should i go there and tell them give me this deal or no deal at all? or the deal the guys are giving me is fair as it is?
Also i would like to term 10 pmts on my other lease which totals about $4100, is it possible? putting $1000 down, 27 mnths 15k yr and having them to cut a check to my other lease for $4100? obviously the payment will change. But can they do that though? Because he told me the cant, because that puts the cap cost over sticker.
Thanks a million!!!
I see that you are trying to get out of the last 10 payments of your current lease. This is going to be very very expensive to do. I personally would wait until I was closer to the scheduled end of my current lease to get something new if I was in your situation. If you are bring given a discount of over $5,000 it would be possible to roll $4,100 in charges from your current lease into your vehicle's capitalized cost, but doing so would be very wasteful and cause you to pay way more than you should for your Hummer.
Car_man
Host
Prices Paid Forums
RE Agent
MSRP: $38445
Base Cap Cost: $34445 (advertised $4000 deduction)
Costs added to lease: $10000 (negative equity)
Cap cost reductions: $2500 (they want $2500 at inception)
Adjusted cap cost: $41945
Residual value: 54% or $20760
Money factor: .00240
Term: 48 months
Pre tax cost: $595 a month
Couple of questions.....can I get them down anymore? I would REALLY like to get the payment lower and also have the in-dash navigation system but it is a $1570 option.
I also want to do the deal with little out of pocket.
Also, how can I find out about the level of inventory of H3's in the Atlanta area?
Thanks,
Kevin
Why is this deal so great compared to others out there? Am I dumb to put taxes down to take this deal?
Thanks,
Kevin
First let me tell you that was are dumping $2283 of my old car into the payments.
MSRP $36,360
27months
15k miles
inception fees ($1618)
$499
Remember that we are putting $2283 in payments back into this lease to get out of my old car.
Is it worth it or not? Does anyone know of a good dealer in NJ.
I want to lease the car this weekend or should I hold out, anything advice is appreciated. Please comment on the price and if it is worth it.
For vehicles under $32000 MSRP (Base Model)
$299 per Month
36 Month
10,000 miles per year
with $2999 due at signing
Our plan is to get one of the models with some good bells and whistles taking the price up to about $38,000
Our questions...
1. Is $2999 due at signing negotiable?
2. Any good tricks to bring to the table when talking lease?
3. Any advantage to a shorter lease?
Thanks for the help.
Pipe
1. The residual value is going to change based on the length of the lease. I was first quoted on a 39 month lease. When I found out that the extra 3 months dropped the residual value from 62% to 57% I quickly decided that is the "sucker" deal. On the vehicle I was looking at that would have been over $1750 difference. I would avoid any of the 27 or 39 month deals.
2. Make sure you ask about the acquistion fee and documentation fees. Initially I was talking to another dealer and he told me there wasn't an acquisition fee and I couldn't understand why I was coming up with different monthly payments than he was. Turns out he put $595 acquisition fee in there.
3. Probably the most important of all is the money factor or APR. This is used to determine your "rent charge" or "usage charge" depending on wording. My dealer actually had it figured as an APR but if it is a money factor it will be APR divided by 2400. So it will be a decimal point figure like this (0.0014375). I ended up getting this or 3.45% APR. This figure can drastically change your monthly payment. It is multiplied by the net cap cost plus the residual value.
4. Some of the dealer installed options can't be residualized. So for instance you are paying 100% of the cost for the black roof rack and the floor mats. Supposedly GMAC will not let them residualize the cost of those options. I had 2 dealers tell me this so I assume it is legit.
My deal ended up being pretty sweet. I was talking to 3 dealers and the one I chose gave me 3.45% usage charge for 36 months with residual 62%. My monthly payment is $383.28 on a vehicle MSRP of almost $35K. I'm happy.
I am getting the major run around here in FL. Reeves Hummer in Tampa told me the lowest they would sell un H3 for is $1500 under msrp. The lease prices I have been getting is $500 plus tax on a 27/15K lease with first months and LR. I had to tell Reeves and Dew Hummer that I guess they just weren't interested in selling a vehicle. I even let them know my wife's lease was up on Monday on her Tundra and we had to have a Vehicle.
Thank you very much...rvman
(what dealers are offering the best deals now???)
What should my monthly payments be?
thank you
Frank
I would like to know what the current APR and Residual values are on a H3 lease for a 23 mo, 27 mo, 36 mo, and 39 mo lease. The lease will be for 15,000 miles or 18,000 miles a year if available.
Thanks in advance!
How are you.
Can you provide me a GMID cert please? My Birthdate is 10/16/77 . Please email me for the 4digits of SSN?
Thanks
Car_man
Host
Prices Paid Forum
Car_man
Host
Prices Paid Forum
Car_man
Host
Prices Paid Forum
Car_man
Host
Prices Paid Forum
Car_man
Host
Prices Paid Forum
Car_man
Host
Prices Paid Forum
Car_man
Host
Prices Paid Forum
Car_man
Host
Prices Paid Forum
Car_man
Host
Prices Paid Forum
From you site link..
MSRP*:$37,865.00
Supplier:$34,564.21
Current Offers:-$2,500.00
Net Price:$32,064.21
WHAT I GOT..
MSRP*:$37,865.00
Gross Cap..........$36,008.87(lic/reg/title$140.57..sales tax $726.30
Cap cost reduction $825.00
Adjusted Cap.......$35183.87
Resid Value........$28020.10
Depreciation/Amort.$7163.77
Rent Charge........$2516.27
Total Base Pay.....$9680.04
Lease Payment......27 mo.
Base monthly Pay...$358.52
Due at signing 2243.52 includes..
Cap cost.....$825.00
First pay....$358.52
Title/Reg/Tire $290.00
Doc fee.......$75.00
Acquisition....$695.00
10,000 miles a year
I had a friend all set up a few months ago with a GID number and have been working with a dealer on an off for about a month on pricing/leasing terms. Finally am serious with the latest discounts and just my luck, my friend switched jobs... aughh. Anyone have available or know where I might attain one... willing to share in the savings.
Thanks in advance! yfzrider32...
We are looking for a base pacakge manual trans to lease. I do have a GMS# and am not happy with what I have been offered to this point. As of now on the base package 29500 with the GMS# they are dropping it to 26500, 15k for 48 months they are offering 410 (taxes included). I was hoping for a mid 300 payment and have seen some higher level packages with lower payments that people have gotten. The person I have been talking to has said that the residual is what is driving the price. Should I be looking at 07's? Shouldn't they be begging to get these 06's off the lots?