Lease payment

[H3wannabe]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">The current money factor for the H3 is almost twice that of the H2. The lease payment quote I received today was $640 for 36 months. </div></BLOCKQUOTE>

That amount makes no sense to me. At 36 payments you are paying $23,040. Using your $37,000 total cost, your residual is only $13,960 or 38%????? That does not sound like a good deal at all.

I was at a dealer yesterday and they said that GM had not released the residual amount yet. My guess would be that your dealer "made up" that residual which would more than cover their a$$. Did you ask where they got the residual amount? I don't think it is avail. from GM yet.

H3wannabe