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Go Back   Hummer Forums by Elcova > Hummer H3 Discussion Forums > General H3 Discussion

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  #1  
Old 09-06-2005, 02:03 PM
Dani Dani is offline
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The latest quote I received was from 9/1 and it was for a LUX package with a sticker price of 37k. 36 month lease with $2000 down still gave me a ridiculous payment of $625 a month. And that was with 12k miles/yr. I also have GMS. I think you'd be better off to just purchase and not lease.
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  #2  
Old 09-07-2005, 07:25 PM
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<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by 1COOLH3:
I just took delivery of my H3 on Friday and my lease payment is $300- thats with $4300 down and a 24 month/12k year. (I wanted my payment exactly $300). It's an Adventure Series with Sunroof, XM Radio, carpeted floor mats, Step Bars and overhead marker lights. I leased instead of buying because I'm sure there will be a more powerful engine coming out and if that happens resale of these first year H3's will poor. (just my opinion of course) </div></BLOCKQUOTE>


What dealer did you use? I may be interested in going for a drive. I just got back from a dealership by me and this is what I was quoted in order to get a $300/month lease payment. Vehicle is approx. $33k after the GMS discount....in order for me to get a $300/mo. payment I'd need to put down approx. $10k. And the lease would have 24 months/12k miles. No security deposit required. This would be a lease financed through GMAC with 8.75% with residual of 74%.
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  #3  
Old 09-01-2005, 06:43 PM
oneworld oneworld is offline
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I got shafted at $559.00 per month 2400 down, on 36 months no employee dis > have lux and adv pac sticker price was 36045.00 yes I feel the vaslonie running down leg But I ordered with out pricing and thats what the dealer wanted when they came in, they are feasting in NJ on you if you want an H3 > this thing should lease for under $500 per month with 0 down,

As for the ride it has a bumpy bit to it, but it is awsome to drive and the bumpyness is not realy bad, its not a hop, and only on concrete concentions or sizeable road holes, everything else it smoothes right out.
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  #4  
Old 09-04-2005, 07:40 AM
S2KtoH3 S2KtoH3 is offline
 
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<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by H3wannabe:
I will be leasing and I am picking up my truck within the next 2 weeks. It is a lux, auto tranny, and tow package. The retail is $34,650 and I have access to the Supplier Discount which makes it just about an even $32K. My lease will be in the $450-$475/mo range depending on if I go 2 or 3 years. Thats with about $1700 down.

Btw, my dealer keeps mentioning that the new incentives will come out Sept 7th. They are hopeful that their will be deals on the H3 and possibly a better "money factor" for leasing. But who knows...we'll see!


H3wannabe </div></BLOCKQUOTE>

If GM did offer an incentive on the H3, would we be able to use a GMID in addition to the incentive to further the discount? Thanks.
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  #5  
Old 09-07-2005, 11:15 AM
1COOLH3 1COOLH3 is offline
 
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I forgot to mention that was with GMS pricing with a MSRP of $35k
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  #6  
Old 09-03-2005, 07:31 PM
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I will be leasing and I am picking up my truck within the next 2 weeks. It is a lux, auto tranny, and tow package. The retail is $34,650 and I have access to the Supplier Discount which makes it just about an even $32K. My lease will be in the $450-$475/mo range depending on if I go 2 or 3 years. Thats with about $1700 down.

Btw, my dealer keeps mentioning that the new incentives will come out Sept 7th. They are hopeful that their will be deals on the H3 and possibly a better "money factor" for leasing. But who knows...we'll see!


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  #7  
Old 09-03-2005, 02:29 AM
aggiehummer...er aggiehummer...er is offline
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The 8.75% is set by GMAC, nothing we can do about that.
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  #8  
Old 09-07-2005, 06:59 PM
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Way to go wannabe. Not bad at all on such a hot vehicle.
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  #9  
Old 09-07-2005, 10:34 PM
Dani Dani is offline
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anyone have any ideas as to why lease prices vary so much from dealer to dealer? I personally would just rather buy outright but if I can get a great deal on a lease then I'll go with that instead.
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Old 09-07-2005, 11:57 AM
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Cool,

Glad you were able to get the monthly payment where you wanted it. Did you get other options such as auto or anything like that? Haven't priced it out but $35k seems a little high for the options you listed. What color did you get?
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  #11  
Old 09-08-2005, 07:10 PM
H3wannabe H3wannabe is offline
 
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<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by slgcmng:
usetosellhummer:

Why is there so much of a difference in price. I was quoted $647 for 3 years, but they got $490 for 3 years. That is over 5K more I am having to pay for the same vehicle. </div></BLOCKQUOTE>

One difference may be that I am using a Supplier Discount. This saved me $2700 off of MSRP. Another reason may be options. I only ordered lux, auto, and hitch. Nothing else.

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  #12  
Old 09-03-2005, 12:27 AM
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http://www.gmbuypower.com has a terrific payment estimate tool that will let you compare buying, leasing, and smart buy.
2 year smart buy residual of .73 makes for a pretty good deal, although 8.75% interest rate was best my dealer would do.
Best way to use tool is find a vehicle using inventory search, then use estimate payment under GMAC financing link.
It is pretty fun to go into the dealer with a printout of this info and watch them scramble after their first numbers come back so far off.
Good luck.
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  #13  
Old 09-07-2005, 10:58 AM
1COOLH3 1COOLH3 is offline
 
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I just took delivery of my H3 on Friday and my lease payment is $300- thats with $4300 down and a 24 month/12k year. (I wanted my payment exactly $300). It's an Adventure Series with Sunroof, XM Radio, carpeted floor mats, Step Bars and overhead marker lights. I leased instead of buying because I'm sure there will be a more powerful engine coming out and if that happens resale of these first year H3's will poor. (just my opinion of course)
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  #14  
Old 09-07-2005, 03:17 PM
H3wannabe H3wannabe is offline
 
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I don't know what is going on with the leasing, but the deals have seemed to have gotten worse! My H3 should be here this week and my dealer alluded to the fact that there may be better pricing on the H3s as of 9/7. Not seeing it online!

If you look at my prior post on this thread, I was getting a monthly of $450-$475 with $1600 down on a lux, auto, trailer with the Supplier Discount. Using the same online estimator today, the Hummer site is now telling me $550-$600 per mo. What is up with this???????

It should be an interesting discussion with the dealer. They had told me that the deposit would "lock" my price if it went up and I could still take advantage of any new incentives that may come out.

We'll see if I can get a $450 a month lease...

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  #15  
Old 09-06-2005, 01:53 PM
slgcmg slgcmg is offline
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I went to my local hummer dealer and price one that had a sticker of about $35K. They were going to charge me $647 a month for 36 months and 15K miles per year with nothing out of pocket. I laughed as I was walking away.

The one my wife now wants has a sticker of around 37K. Would 24 month lease be cheaper than a 36 month one? How much would this cost me with about $1200 down?
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  #16  
Old 09-07-2005, 06:00 PM
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<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">The H3's are just too hot and they are making too much money on them. </div></BLOCKQUOTE>

As with any attractive new model, there was an initial rush on H3s, but its subsiding. Dealers in the LA area now have lots of H3 inventory; but most are overloaded with options. And with $3+/gal, the SUV trend is declining fast. My GMID authorization is good 'til February so I'm not in a rush to buy.
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  #17  
Old 09-07-2005, 07:34 PM
H3wannabe H3wannabe is offline
 
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<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by oneworld:
H3wannabe, I doubt it, if your not an employee or have some way to get a discount, the leases are around $550.00 per month. </div></BLOCKQUOTE>

Hi OneWorld-

Did you see my last post above? I ended up with $492 per mo with nothing down on a lux auto. But I am using a Supplier Discount to get there.

Btw, I hope no one takes this as bragging (it's not that good of a price! ). I posted this info so others can hopefully negotiate for something as good or better. The lease prices I have been hearing have seemed high and this price seems fair.

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  #18  
Old 09-08-2005, 01:10 PM
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If you put money down on a lease and plan on not keeping it your just giving it to the dealer. If you want a lower payment buy it and put the money down (better rates) We were very happy to take money down on a lease, veeerryy happy
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  #19  
Old 09-07-2005, 12:57 PM
1COOLH3 1COOLH3 is offline
 
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Yes I got the automatic and I forgot about the Trailering Package as well.

I got a black one with black interior.
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