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Hummer H3 Lease Questions
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Comments
Looks good to me...can you please comment..thanks.
THIS IS FOR 15K MILES PER YEAR
term 39 months
rate 3.45
msrp 37510
lease amount 35732
rebate 750
customer cash 2500
Total cap cost 36327
ner cap cost 34053
residual 57%
residual amount 21380
base payment 405.75
total payment 439.22
I just leased a new 2007 Hummer H3X in Columbus yesterday for my wife.
The H3x is a new model special edition. It includes heated monogrammed seats, all leather, lots & lots of chrome and luxury features. The H3X lists for $37,545.00. Other Extras I got include the Nav radio, 4 spd. auto tranny, power sunroof, trailer hitch & wiring and XM Sat. radio.
I signed a 39 month lease for $506 per month (includes taxes) and only put down the 1st months payment and use tax/registration fees-total out of pocket was $685.00
This is for 10,000 miles per year (she only drives about 8K per year)
Here are the numbers.
MSRP----------------43,215
Discounted price of-40,115
GMAC Admin. Fee----- 595
Sales Tax OHIO------ 1200
Cap Cost of---------41,910
Consumer Rebate----- 750
ADjusted Cap Cost---41,160
Residual of 61%
Residual amount of--26,361
I think I got a great deal and she is very, very happy with the Bright Red color with all the chrome!
Rock78
Car_man
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Car_man
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I would be happy to give you my opinion on the specific leases that you were quoted if you provide me with the MSRPs and selling prices of the vehicles that you are interested in. These numbers will show me how much of a discount you are being given and they will enable me to use GMAC's actual lease program to estimate what your monthly payment should be.
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Now let's take a look at this truck's selling price. I believe that the vehicle that you described has a spread of around $3,300 between its full MSRP and dealer invoice price. You were quoted a discount of $1,778. This is around $1,500 over dealer invoice. That is the same margin that the previous poster I responded to was quoted. If you are in an area that has a lot of dealerships, I would not be surprised if you were able to beat that price, but it's not bad.
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msrp 35480
final price 33480
term 39 months 12000 miles
rate 3.45 59%
2200 down which includes 1st and fees
monthly payment 391
thks
I am new to this site, visited my dealer before I found your site.
After reading info here on leasing, I am not feeling that great about the lease agreement I signed. I will not take ownership of the H3x until next week. Is it too late to modify the lease? They said they can not offer a discount on the H3x?? I had to pay full MSRP :confuse:
Here is the break down for my deal, I appreicate any input you can offer. :-)
THIS IS FOR 15K MILES PER YEAR on 2007 H3X
term 48 months
msrp 43,365
lease amount 29710.24
rebate 750
customer cash 2775.13
monthly payment 557.13
Please read the fine print on the lease---I wonder about the fact is that you have not taken final delivery of the vehicle as yet.
I think I'd call a lawyer to get his opinion.
Likewise, you could always "conveniently" find something "wrong with the vehicle." Meaning that once you've inspected it, that it doesn't contain an option or options that you were under the impression that was going to be included with the vehicle.
ERGO: Be dumb about how the whole process works.
I still think I'd call an lawyer for his opinion first.
Another thing you could do is to threaten to have this same attorney come back to the dealership with you to explain to the owner/sales manager how you have been duped by "mis-leading" statements during the sales process.
I am sure that if you put up enough of a stink, that the dealer will tear up the contract and let you out of it--especially if you feel you have been mis-lead during the sales process. It's cheaper for him to do that then to have him waste his time to argue, fight and waste more money in court.
Hope that helps.
I am new to this site, visited my dealer before I found your site.
After reading info here on leasing, I am not feeling that great about the lease agreement I signed. I will not take ownership of the H3x until next week. Is it too late to modify the lease? They said they can not offer a discount on the H3x?? I had to pay full MSRP
Here is the break down for my deal, I appreicate any input you can offer.
THIS IS FOR 15K MILES PER YEAR on 2007 H3X
term 48 months
msrp 43,365
lease amount 29710.24
rebate 750
customer cash 2775.13
monthly payment 557.13
Car_man
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I am new to leasing and have done some research. Right now here's what I am looking at:
39 month lease, 12,000 miles per year
msrp: $36,650
final price $34,900 (includes $750 rebate)
$5,200 down
rate 4.45%, .61 residual
$363 month.
I think I should try to get the rate to 3.45 % would you agree, & would you change anything else?
Also, is there any way for me to find the residuals and money factors online? It would be so much easier if there was a site to find this.
Thanks.
I just wanted to chime in and announce the newest addition to the family. A healthy 4700lb. Jet Black 2007 H3.
I got the 2007 base model with all the options below plus a no charge dealer added custom pinstriping with H3 logos on the two side air intakes (looks great!), upgraded floor mats/cargo mats and dark window tinting.
Base H3 $29,405.00
Automatic 1,695.00
Roof Rail Airbag 495.00
Towing Package 390.00
XM Sat-Radio 325.00
TOTAL MSRP: $32,310.00
Destination $ 590.00
TOTAL VEHICLE $ 32,900.00
The GM Supplier Price was $30,350.16 according to the dealer (About $2,600.00 off MSRP)
I live in TX and we pay a whopping 6.25% sales tax which was $1850.00
So after getting the GM Supplier discount and adding the sales tax, tags and titles and a few other small fees jacked the total price to $32,450.00 Minus $750 GM cash and my $1,600 cash down payment I was left with $30,106 to finance.
I got out the door with $360.00 a month for 39 mth Smart Buy plus the $750 GM cash back discount. Plus I'm getting a few free oil changes and discounted oil changes and another free tank of gas when I bring it back to the dealer.
I'm really happy with the Hummer H3. My wife freaked, I surprised her with it, we had been looking and she test drove one and she liked it. I told her I'd have to do some more research before committing to any deal.
I'm getting some aftermarket chrome nerf bars tomorrow. I'm taking it down to Houston and the warehouse is there so I can get'em on the Hummer tomorrow. Can't wait, those black beauties look sweet with the chrome nerf bars under them.
I recently found this forum, it was a big help and thanks to all who've helped me get the facts and take the plunge.
Happy holidays everyone, looks like mine is going to be just a little sweeter this year.
Approx MSRP of $31595
12k/year, 36 or 39 depending on which is most favorable.
Any guidance?
Residuals? Rate? approx discount from MSRP I should be looking for? Est. monthly payment (live in NV, sales tax in the 7% range).
Love this site, helped me get the best deal ever on an R500 for the wife.
Thanks for any assistance.
Only one dealer where I live in Vegas, the other is about 120 miles away in CA, not so far, but looking for some leverage to negotiate a dealer here in Vegas. It's a bit of a monoploy.
Thanks.
GT
Here's my lease
2007 H3X Desert Orange w/all options
39 month lease, 15,000 miles per year
msrp: $43,885
final price $39,638 (includes $750 GM rebate and 250 GMID rebate)
$1040 down(first months payment and title, tags, DOC,etc)
rate 3.45%, .57 residual
$480 month.
Does this mean that GM has upped the offer cash rebate another $1,000.00?
Has anyone checked out Hummer's $299/month lease on the H3s? I know it is based on a $29,995 stripped model but wondered how it works out with a decently equipped one. There Ad is 299/month for 39 months with 32k miles and $1829 due at lease signing..
Thanks in advance for any input!
Likely to be gone or something new?
$1,500 down, 12 k/yr, $380 at 39 mos, 397 at 36 mos?
Price after discount and $1750 holiday rebate - $36,288
The deal offered was a smart buy of:
$1,000 down, 15k/yr, $502 for 39 months.
Does this sound like a good deal?????????????????
I just leased onto a New h3 for 600.00 per month 72 month term and I'm paying 611.00 per mth. all chromed out with xm . Chrome wheels, we also got on hand rebate for 750.00. If you go to them and tell them look this is what I'm looking for. Most of them will try to work something out with you. We had an 2002 avalanche and loved it never thought we'd give it up but when we found out how much more we were gaining with the h3 we went for it. Not a poweful truck but it's nice. Plus Insurance on a new vechicle is cheaper than what our avalanche was. :shades: good luck
Thanks
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E-mail me at xiosmx5@aol.com I tried yours and it say it's a non-existant address. Did you type it correctly?
Steve
H3 Base with Automatic - MSRP $31,690
Trade = 2004 Chrysler Pacifica FWD appraised at $11,500 (don't know if this is ACV). Payoff is $17,870.
$1,500 cash down
48 month 12k/year payment = $549 per month
I asked the dealer for a breakdown of the ACV on my trade as well as the selling price of the H3, residual, APR - and 3 days later still have no response.
Can anyone tell me, based on the current GMAC buy rate and 48 mo/ 12k mile residual if this is a good deal? Are there any acquisition fees/security deposits on GMAC's SmartLease right now?
Thanks in advance!!
H3 Base w/ Automatic
SmartLease 48 months 12,000 miles per year
MSRP - $31,690
Selling Price - $30,555 (claiming $500 over invoice)
Trade ACV - $12,500
Trade Payoff - $17,870
Residual - 50%
APR - 3.95% (1/2 point over buy rate)
$1,500 cash down
$542.97 per month
Their invoice seems high. He said there were advertising fees added to the invoice and this deal was $500 over their investment in the vehicle.
The calculator on leaseguide.com shows a lower payment, so I must be missing something......
Any help is appreciated!
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