HUMMER Car Consumer Discussions

Re: really need to get rid of my hummer [hazmat4]

by indianajohns on Thu Feb 12 20:00:24 PST 2009

You bought or leased? This is the H3 leasing forum. If you leased, your buyout may not be really as bad as you think. If it is a 2008, how many lease payments do you have remaining? GMAC allows you to buyout the lease with just the depreciation portion of the lease payment multiplied by the number of payments left on your contract. Your payment IS EXTREMELY HIGH but that $610 may only have $350 in depreciation. The rest of the $610 is sales tax and rent charge. Anyway, contact your dealer or call GMAC and tell them you want to know your lease payoff. I bet it is probably over $10K but could be as low as $6K. Hard to tell with the limited info you provided. My 2006 H3 is due in July and my payment is $380 per month. Called to check my payoff, it was only $280 for each month left on my contract (5). So for every month I wait to trade it in I am subtracting $280 of my lease buyout. Since the H3's aren't worth jack crap right now it is impossible to trade off your lease without going into some serious negative equity territory. Since your payment is almost twice as much as it should be you are probably as EFFED as you can possibly be right now. You leased a vehicle that isn't worth anything and your payments are atrocious. I'd go get a 5 gallon jug of gasoline and burn it out in a vacant lot. Kidding......but seriously, I would. Then I would study up a little on how to lease a car.

Re: really need to get rid of my hummer [hazmat4]

by tonyg41 on Thu Feb 12 12:48:48 PST 2009

Your paying way too much I have seen expeditions go for lower monthly payment. Your options are to go to dealer explain situation and ask them to buy it back you will most likely have to take some sort of loss but its better then trying to keep it for years to come. Also try to sell it to used car markets or other dealers I know some people that have gotten to the point they drove there car to the Bronx and left it there with keys in ignition and doors open because they would have gone bankrupt. Not saying anyone should do that by any means but shows how desperate someone people get over car payments. Best of luck I was gonna look into getting a H3 I guess I might have to rethink that.

really need to get rid of my hummer

by hazmat4 on Tue Feb 10 19:08:38 PST 2009

i'm from new jersey and bought a 2008 hummer in greenbrook new jersey and i really need to get rid of it the payment is really high its a h3 and i pay 610.00 a month what can i do :mad: :(

H3 Lease Information

by jstango on Tue Aug 12 06:28:53 PDT 2008

I was in Contact with a Hummer Dealer on the south east coast of Florida yesterday. Here are some lease rates I received in a email: Hope this helps some people! Lease Hummer H3 Year Make Model Months Miles Down MSRP E price 2008 Hummer H3 Base manual 39 10,000 $2995 $30,855 $369.00+tax Year Make Model Months Miles Down MSRP E price 2008 Hummer H3 automatic 39 10,000 $2995 $33,075 $389.00+tax 2008 Hummer H3 adventure 39 10,000 $2995 $34,135 $409.00+tax 2008 Hummer H3 lux 39 10,000 $2995 $39,150 $429.00+tax 2008 Hummer H3 Alpha 39 10,000 $2995 $39,420 $459.00+tax Lease Hummer H3 2009 Year Make Model Months Miles Down MSRP E price Purchase 2009 Hummer H3 Base Manual 39 10,000 $2995 $32,855 $399.00+tax Or up to $5000 off 2009 Hummer H3 Base 39 10,000 $2995 $34,855 $419.00+tax Or up to $5000 off 2009 Hummer H3 Adventure 39 10,000 $2995 $35,075 $449.00+tax Or up to $5000 off 2009 Hummer H3 lUX 39 10,000 $2995 $36,135 $479.00+tax Or up to $5000 off Does anybody know the Lease rates for a 2009 H3 15 K a year? Is there any incentive on a 2009 lease, Bonus cash or rebate? Thank you!

Re: Hummer H3 Lease Questions - latest figures [wpbond]

by Car_man on Mon Jun 30 02:10:14 PDT 2008

Hi wpbond. Here are the answers to your questions. 1) GMAC's lease program is the same for all Hummer trim levels. 2) While GM is now providing a whopping $7,000 cash incentive on the H3, it is only providing $600 on leases. 3) The lease rates for 27 and 39 month leases are the same as they are for 24 and 36 month leases, but the residual values are 1% lower. 4) A 36 month lease of an H3 should have a significantly lower monthly payment than a 24 month lease would right now. 5) Any lease program that I mentioned in June is still the same. Car_man Host Prices Paid: Buying & Leasing Experiences Forum

Hummer H3 Lease Questions - latest figures

by wpbond on Thu Jun 19 16:21:17 PDT 2008

Car man, A few questions about HUMMER H3 leases: 1. Are the money factors and residuals the same for H3 Base/Luxury versus H3 Alpha? 2. HUMMER currently has a $5K incentive for H3 purchases. Are they putting any incentive cash into H3 leases (either to customers or dealers)? 3. Does GM change the residuals and/or money factors when you change from a 24 to a 27 month lease or from a 36 to a 39 month lease? 4. With no money down and 15K miles/year, what is likely to be the lower payment/better deal, a 24 month or 36 month H3 lease? 5. Are the lease residuals and money factor you quoted on June 9th (above message) still valid? At the time you said a 36 month H3 lease at 15K mi/yr was 2.75% and 58% residual. If the 24 month is a better deal, please provide that data. Also, if the H3 Alpha has different lease #'s, please provide those for 36 or 24-- whichever is better. Thanks!

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