I'm BACK! 3 year SmartBuy is up..moving to Cali..what next?

[CaseyWhitcher]

Hey all I'm in Dallas, TX,

I was on here about 3 years ago excited about my new H2 that I wrapped for my company. Some of you might remmeber it's Pink. haha.

Anyway...

My SmartBuy is up this month. They want a final Balloon payment of 35K, or to turn it back into the dealer, obviously at a big loss, about 9-10K.

I love the truck, but, I'm not sure keeping it is the right idea? Financially times are tuff and we're moving to Cali in 13 months.

If I try to sell it on my own, I'm sure it would probably be tuff with the given market to sell?

I could re-finance it, and I would probably need to do it over 5 years, but that leads me to another problem. I'm moving to Southern Cali in a year, and I've heard the people out there are pretty Anti-H2's and I think alot of them get vandalized out there right?

Last thing.. if I keep it, do I go with an Extended Warranty? The dealer is offering it at 2500.

So... I'm hoping for opinions on my best move? Am I missing any options?

Do I

Try to sell it on my own.
Turn it in and pay out the loss, and buy another vehicle.
Keep it, refinance, and overpay on the Value by a ton, if so, do I get the warranty?

Thanks for any advice guys!

Oh yea, this is me

[HummerMann]

Your H2 has the magic words on it "dotcom", which should make if fit right in in California. My oldest son has an Hummer H3 and lives in Sausilito, just north of San Fran. He's only had only two incidents, one of fingerring, and the other a gas station attendant who refused to turn on the pump for him at a gas station, in the two years he's owned it. The gas situation worked out well with a letter of apology from them and a 50 dollar gas card. There are also some great offroad trails in California your H2 will love.
If it was me, I'd keep it and get the warranty. Nice commercial paint job!

[Agriv8r]

if its 3 years old, in reality its probably worth about 05 27k 04 22k so i would give it back and get qa new one under the 0% OPTION...

[Agriv8r]

those are ballpark estimates, but it is not a 35k vehicle...

[HummerJim]

If you give it back will you have to repaint it and then have your new H2 painted like that. Total cost of $$$$$$$ for painting should be a factor

[CO Hummer]

See if DRTYFN will buy it.

"Glamourdog" is actually his nickname in real life.

[CaseyWhitcher]

Originally Posted by HummerJim

If you give it back will you have to repaint it and then have your new H2 painted like that. Total cost of $$$$$$$ for painting should be a factor

It's actually not paint, wraps are just big stickers that go on the outside of vehicles, no painting. The paint is actually well protected under the skin, so when it comes off it's supposed to be like new.

I found out some more about the SmartBuy I was unaware of. I did not know I could just walk away for only a couple hundred dollars.

I thought at the end I was responsible for the final balloon payment, weather that was to pay it off with a refinance, or sell it to the dealer and come up with the difference.

Now that I know I can walk away from it, everyone has advised me that is what I should do and if I want a new H2, I should get one or,... something else, either way, with this kind of pending loss $10K I shouldn't try to re-finance it.

Times are tuff at the moment and with our move coming up I think I am going to sadly be purchasing something else for a short while until I move back to Cali.

When I move back to Cali I'll see about buying another one for fun for me, not the company when I get settled and see how much garage space I have and driving I have to do.

Thanks for the advice guys, I'll probably be offering some of my upgrades for sale on here in the next few weeks/days.

KC

[HUMMERcustoms.com/TAZ]

Hey KC!!!!

Remember when you did the rap job and you explaining how well it turned out.

Good to see that rap held up nicely. How would you compare look of the rap now to when you first put rap on. What did you do to take care of rap and keep look nice.

Good Look on present situation.

I still have my 2005 H2 and continue to get sponsors for showing. I guess it will not end as there is very low miles on rig & it will keep going unless drastic look change of H2 happens. You can catch up on look upgrades etc. in pics section.

TAZ

[brad_p]

Dont expect look changes, also from what i have read the 08/09 grill fits right onto the 03-07 h2's someone said they had an issue with the brushguard but i dont think it was major.

[CaseyWhitcher]

Hey guys,

I have to give alot of credit on my wrap to the guys at traffic Graphix, (spelling) The wrap held up great.

The only area I had problems are on the windows, but, that's mostly my fault.

I tried to use my own powersprayer on it to wash it, that's fine as long as you keep the setting down. Also I took it though a cheap car wash once at a gas station and screwed them up.

If you go the expensive washes you're usually good.

[isellpower]

Give it back and get a new one. Here in Omaha the local Hummer dealer has them lined up at the front of the lot with 25K off stickers. Brand new loaded H2's for 35K. If I could get 27K for my 05 I would sell it and get a new one.

[HummerJim]

The best I've seen on the Internet at dealer sites is $13,000 off sticker on a new 2008 H2 and that makes even a bare bones model $45,000. Isellpower, if you know of a dealer that's selling NEW 2008 H2s for 25k below sticker, please post the site with the H2s and prices. Huber in Omaha is posting 8K off on their internet site while Lynch is posting 13k off new ones on their internet sites.

[Karsun]

Your truck is beautiful, I'd try to keep it if possible.

[pteam]

the 25k off is probably going to be on 07s not 08s, and 08s are way better in many many areas. Possibly even 07 demos with miles.

I just took a road trip to myrtle beach (there right now) with 7 people and a big ass thule luggage carrier on top and got about 13mpg highway driving, not bad! the 6 speed tranny and extra power really helps on the freeways with load.

the 08s have a/c in the roof for the 2nd row and 3rd row people, non 08s are terrible and only have 2 little vents in the back of the center console, and 0 vents for 3rd row. Seats are much more comfortable.