Hummer Interest rates

[sfadchi]

Bought mine 3 weeks ago I could not resist the 0% for 60

[timgco]

Signed off on an 07 H2 SUV last week. ZERO for 60. My dealer had four H2's and one Limited Red left.

[jmsspratlin]

Do you think that Hummer is just trying to compensate for the possiblibity of decreased sales due to recent gas prices where they are?

Originally Posted by jmsspratlin

Do you think that Hummer is just trying to compensate for the possiblibity of decreased sales due to recent gas prices where they are?

Possibility is a reality already this year.

[Agriv8r]

or maybe like the end of every model year they are cleaning out the old inventory to make for for new....

[pteam]

Why is it that 0% financing still works out to be more money per month than a lease?

Originally Posted by pteam

Why is it that 0% financing still works out to be more money per month than a lease?

The lease payment only covers the depreciation and sales tax for the period of the lease term (3 years is a common lease term). And the come-on leases often have low mileage limits (like 10,000 miles per year). If you exceed that mileage expect to pay 20-25 cents per mile at the end of the lease. Or if you want realistic mileage limits, you can add it to your monthly payment (at the rate of 15-20 cent per mile typically). Lastly lease programs are often heavily subsidized by manafacturer to move vehicles. Just some of the reasons for the lower lease payment (vs. purchase loan payment).