Re: Anyone buy out their lease.
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Originally Posted by Intercooled
My H2 lease is up in July,08. I bought the H2 in 2005 and have loved every minute of it. I have taken exceptional care of the truck. I bought the truck when GM offered the employee discount . Therefore my lease price was 51k. Pretty good! It currently has 19,000 miles on it. I'm not too fond of the new interiors and really would hate to give up my current H2 with the mileage being so low. The lease is through GMAC.
Can i negotiate the buy out residual?
My residual amount is 36K, probablya bit more than blue book when July hits. With the interest rate for used vehicles being morethan new my monthly payment my actually go up, which really sucks! Any suggestions?
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You will love the 08 and the new interior much more as you use it. I've owned 8 old interior style hummers (03-07) and 1 08 and would never go back. Also theres about 100x less rattles in the 08s, there is much more quality. Also its nice to get a new one every 3 years, plus your warranty will be running out if you buy it out.
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