Trade in value of an H3

[Jackwins]

This week I took my H3 into the dealership to get an oil change and my left rear blinker replaced, and while I was waiting I test drove an H2 and fell in love. Hummer just started a 0% for 72 months on all 06 H2's. They are making room for the 07's.

My question is how much do you think the trade in value of the 06 H3's are? Mine is fully loaded(excluding navigation and roof airbags), Lux & offroad pkg, Chrome everywhere(including wheels), sun roof, XM, trailer pkg, slate blue, TV/DVD headrests, homelink, etc... I have about 11K miles on it. I built one on hummer.com and the MSRP is a little under $40K.

I would have had the dealer quote me a trade in value, but I didnt have time to wait. What do you guys think?

[Mike E]

Take it back and have them give you a value. They could have done it while it was in the service bay.

[Jackwins]

They couldnt value it in the service bay because they appraise vehicles in another dealership across the street.

[RubHer Yellow Ducky]

Remember price out the H-2 first and do not mention the possible trade.

After you have the H-2 price which should be BELOW factory invoice because its an 06 and not an 07 then mention your trade...

I'm guessing it will be around 30% less then what you paid.

Let us know

RYD

[usetosellhummer]

dealer should show you 35, will try to steal at 31 going at ausction right now at about 28-30 depending on milage loaded. he can show you a fair price becasue of the incentives.
go do now!

[wpage]

B4 you do test drive a 07 H3!!

[Jackwins]

No need for me to test drive the 07 H3 because I am needing more room. The H3 is getting a little tighter as my son gets bigger.

[Dirtdog74H1]

just traded my H3 in. they gave me $ 30,500 on my fully loaded Lux package with chrome everything and trailer pak. bought the H3 last september for 37 and change.
If you can get 33 -34 I'd take it and run

[Hummer Guy]

Originally Posted by usetosellhummer

dealer should show you 35, will try to steal at 31 going at ausction right now at about 28-30 depending on milage loaded. he can show you a fair price becasue of the incentives.
go do now!

35? only if you're not 'well below invoice' like RYD said...as far as a realistic trade value - low 30s. Take it to a few places and tell them you want to sell it out-right to them, that will give you a TRUE value on it, not playing with the numbers of the new vehicle, etc.

[RubHer Yellow Ducky]

Originally Posted by Hummer Guy

35? only if you're not 'well below invoice' like RYD said...as far as a realistic trade value - low 30s. Take it to a few places and tell them you want to sell it out-right to them, that will give you a TRUE value on it, not playing with the numbers of the new vehicle, etc.

Remember...

UNLESS you price the new car/truck/van/boat/ship/motorcycle BEFORE mentioning a trade

AND

Get the BEST price you can YOU will never know the TRUE VALUE of your trade.

Now

With the 07 H2 and 07 H3 now out the VALUE of 06's HAS to drop. There has to be enought difference in price to give a person the insentive to purchase the used older model.

Lesson 3 next week

RYD

[H3slate]

You mean to tell me that this is not Biology 101?? Shoot! I am in the wrong class!

[RubHer Yellow Ducky]

Originally Posted by Dirtdog74H1

just traded my H3 in. they gave me $ 30,500 on my fully loaded Lux package with chrome everything and trailer pak. bought the H3 last september for 37 and change.
If you can get 33 -34 I'd take it and run

Traded in against WHAT. If the NEW auto had the price jacked up, sure they give you a lot for your trade, but did you get the BOTTOM LINE on your new whatever???

RYD

[Dave LV]

A $40k '06 H3 is worth about $26k now. Trade allowance will depend upon wholesale to wholesale or retail to retail, or some mix thereof.

H2's in my opinion aren't any bigger inside for usable space.

Prepare to piss away money on the 1 year old trade.

S.

[Dirtdog74H1]

30,500 was the true trade in for my situation yellow ducky. Worked the deals separate on new buy and trade. Bought new Dodge Ram Hemi. Wasn't going to buy cash; worked the deal on the new truck then decided to trade the H3. I believe they gave me the above number due to alot of the extras I put on it. Magnaflow exhaust, upgraded 33 tires, small chrome extras.

Dirtdog74H1 - Including sales tax and license, how many thousands of dollars were lost in the trade? Looks like about $7K.

Decent trade-in price but who knows how much the rapidly depreciating Dodge Ram cost...

S.

[timgco]

Originally Posted by Dave LV

H2's in my opinion aren't any bigger inside for usable space.

ummmm? no. The H2 is way bigger inside. Fold the seats down in both trucks....way more room. put five adults in both trucks, more room in the H2 again.

[Dave LV]

My observations: two front seats - even score, rear seat - H2 a little wider, cargo area- H2 usually has huge spare tire taking up 1/2 of cargo space. I would agree without the spare tire inside the H2 has more space, but most don't come that way from the factory.

[RubHer Yellow Ducky]

Originally Posted by Dave LV

My observations: two front seats - even score, rear seat - H2 a little wider, cargo area- H2 usually has huge spare tire taking up 1/2 of cargo space. I would agree without the spare tire inside the H2 has more space, but most don't come that way from the factory.

or you can spend $1500 to move the H-2 tire outside...

RYD

[timgco]

Originally Posted by Dave LV

My observations: two front seats - even score, rear seat - H2 a little wider, cargo area- H2 usually has huge spare tire taking up 1/2 of cargo space. I would agree without the spare tire inside the H2 has more space, but most don't come that way from the factory.

I wondered about the spare tire on the earlier models after i posted. GOOD POINT! The spare tire is standard being mounted outside since late 04 I believe. So the rear cargo area is more useable in the H2 without in there. With it mounted in there, that thing is a monster. I don't think you have anywhere near as much room as an H3 in the back with it mounted. The center council has more room in the H3 also as long as you don't have the DVD player mounted in there. The glove box in the H2 is larger inside though.

I guess there can be different deffs. of what useable space can say about a truck. We have an H2 and an H3. Love both trucks, but anytime we go off to Home Depot or the lumber yard we take the H2. The design of the H3rear seats not folding flat hinders stackable space in the H3 where the H2 has way more room when it comes to that. now on the flip side, the H3 seat backs stay upright and you can move the seat bottoms forward. This helps us on quite a few occasions also.

I'm wondering what the actual claimed carrying capapcity in sq ft is on both trucks. ???