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THanks! Looked at other dealers before taking over the lease!
by dawnie417 on Sat May 10 07:06:24 PDT 2008
Thanks so much for your response! Well, based on your response we HAVE decided to check out other dealers first to see what deals they have, before we possibly take over that guy's lease. So right now my husband is at the dealership and so far here's what they are offering him: ~2008 H3...the LUXURY edition ~ chrome package ~ sunroof ~ leather ~ chrome wheels ~It's a $40,000 truck. (the only thing it doesn't have is the chrome gas gap. For me personally I'd rather have that than the chrome wheels. My husband would beg to differ. lol) TERMS: ~ 38 mo. lease ~ 12,000 miles a yr. (.20 cents each mile over) (the guy really kept trying to push for 10,000K miles. My hubby gave him a fight and kept walking out). ~ MSRP is $40,000 but we are "buying" it for $36,600 ~ $399/mo including taxes ~ $1,440 down and that includes the first payment, taxes, fees, etc.. ~ 59% residual (what does that mean??? help!) ~ it was based on 4% int. rate What do you think? I'm telling my husband on the phone about the $1,050 lease cash and $1,000 bonus cash, and he's telling him but the guy seems to be dancing around it?! Wanted to know if I was an employee of GMAC. LOL So, not sure. My hubby is usually a great wheeler and dealer, but not sure about this lease cash incentive thingie if he'll pull thru or not?!?! Anyway, what do you say about this deal?? Would love to hear your honest opinion on this and based on the MSRP of being $40,000 and them 'selling' it to us for $36,600. I would hate to get ripped off in any way. How it differs from the other deal, where we were going to take over the guy's lease. ~ The lease take-over one was also a 2008, it was the Sport edition though, it did have the chrome pkg. (which is only the chrome handles and mirrors. He also had the chrome hood thingie too) BUT NO LEATHER OR SUNROOF. That was also for 12,000 mi/yr. and we would be taking the payments over for $379/mo. (it currently has 5K miles on it) and the guy put down $3,000 on it (sounds like he didn't get a good deal after all, huh??) SO, for $20 more a month we are getting the luxury pkg., which comes with everything and it only has 34 miles on it, versus 5,000 since the guy was 5 mos. into his lease. Granted, we will be putting down $1,500 if we close this deal, but what do you say? This is in New Jersey. :) Looking forward to your opinion/advice, etc.! :)
h3 lease
by roboshap on Sun Jul 22 12:44:16 PDT 2007
Just wanted to know if I'm getting a good deal on an h3 luxury package w/ sunroof, 39-month lease, 12,000 mi/yr MSRP - $36,465 $700 due at signing includes first month payment $400 per month including tax
Re: Check this Quoted Lease on 2007 H3---Is this a good deal??? [oregonhummer]
by drockhold on Sat Oct 28 12:52:07 PDT 2006
Sir, Please read the fine print on the lease---I wonder about the fact is that you have not taken final delivery of the vehicle as yet. I think I'd call a lawyer to get his opinion. Likewise, you could always "conveniently" find something "wrong with the vehicle." Meaning that once you've inspected it, that it doesn't contain an option or options that you were under the impression that was going to be included with the vehicle. ERGO: Be dumb about how the whole process works. I still think I'd call an lawyer for his opinion first. Another thing you could do is to threaten to have this same attorney come back to the dealership with you to explain to the owner/sales manager how you have been duped by "mis-leading" statements during the sales process. I am sure that if you put up enough of a stink, that the dealer will tear up the contract and let you out of it--especially if you feel you have been mis-lead during the sales process. It's cheaper for him to do that then to have him waste his time to argue, fight and waste more money in court. Hope that helps.
Re: June numbers [hartt]
by ksoles on Sun Jun 11 14:00:11 PDT 2006
I am trying to find that as well b/c my locals dealers are all doing the same thing, pushing the 27 month term big time! Has to be something higher than the other or special about the 27 month term..... Car_Man???? As for the other terms I was able to find those, 24 mo/15k mi – Residual Value 72% of MSRP – .00240 Base Money Factor Rate 36 mo/15k mi – Residual Value 62% of MSRP – .00240 Base Money Factor Rate 48 mo/15k mi – Residual Value 52% of MSRP – .00240 Base Money Factor Rate 24 mo/12k mi – Residual Value 73% of MSRP – .00240 Base Money Factor Rate 36 mo/12k mi – Residual Value 64% of MSRP – .00240 Base Money Factor Rate 48 mo/12k mi – Residual Value 54% of MSRP – .00240 Base Money Factor Rate
First time leaser
by gintini on Fri Dec 02 15:37:41 PST 2005
Dear car man, I am about to lease a Hummer H3 (Upstate NY). MSRP is 35165. I want to lease for 36 months, 10,000 mi/yr. I am willing to put a total money down equal to 5,000$. I have never worked for GM. Neither I have relatives that did. 1) Can I still get a good discount? 2) What would be your suggested Selling Price? 3) Considering that GM is giving a 1000$ value Entarteinment System as incentive, can I ask them to "remove it" and give me a better discount? 4) What would be the APR/money market and the residual value? Thanks

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