Anyone buy out their lease.

[H2forMe]

Originally Posted by Intercooled

My H2 lease is up in July,08. I bought the H2 in 2005. I bought the truck when GM offered the employee discount . It currently has 19,000 miles on it. The lease is through GMAC.
My residual amount is 36K

Pretty much same here. 2005 H2. Lease end June 08, Payoff will be 33K. Currently have 21K miles on it. Have talked to a couple of dealers regarding numbers for the 08 and they are trying to kill me! It is ridiculous as they are not willing to negotiate and they have all these Hummers just sitting on the lot.

Anyway, I guess after reading all suggestions, it would probably make more sense to lease a new one than to buy this one. That is if I can get to negotiate.