2024 hummer 3x omega (loaner) SUV $4189.80 OnePay, or $116.38/month effective 36/10k $143K MSRP

,

This deal is incredible, the best I’ve ever seen. Congratulations!

If you don’t mind, would you share how you convinced them to lower dealer sale price that much? I’m looking at a 2025 3x with 2500 miles msrp $122k

The dealer has had it for over a year, but the GM doesn’t want to “lose” 30k on it. I showed them KBB value, which is under what I’m asking them to do (would be happy with $92k). ..even some deal sheets and nothing..

Any tips would help! Thank you :folded_hands:

1 Like

Probably not gonna happen till GM says they’re killing lease support on 2025’s.

Understand that this was very much a right place, right time, right person kind of deal.

3 Likes

After waiting 2 weeks, deal got funded and then dealer sent check. It came in yesterday in mail for $22,000.00. Unsure why the $335 additional. Yielded a $116.38/month effective payment

I updated the deal on the thread and initial post.

And yes, as one of my earlier posts: you have to be on the right car, at the right place, at the right time, on the right dealer. Beyond knowing the math and patience, there’s luck involved. God is great.

13 Likes

Someone asked if i’d be interested in transfering the lease to them…they were willing to pay me $20K but honestly i probably wouldnt do that for less than $25K and even still i might think about it.

Does anyone know if GM would allow that? Isnt there a waiting period or something?

I wouldn’t think twice about it, honestly.

5 Likes

And be on a hook for short term capital gains…

Preferable to being out of warranty for the last third of the lease.

They’d need to be in the same state with you because GM only allows in-state lease transfers as far as I am aware.

3 Likes

becasue of capital gains like volvonissan said or because of too many issues in general on omegas?

yes, they are in texas

I can offset capital gains with write offs.

First year run for the edition and its additions? Yeaaaah buddy.

I would have a line of people willing to give me anywhere from $10-$15K to take over the lease because it’s prepaid off and in essence made free money. Even at $15K anyone would be coming out ahead because noone is doing hummers for aything in the $400-$500’s/month…truck or SUV with no money down. However, to get this caliber SUV would not be attainable and take a lot of work and time. I have another hummer i got a few months ago which was also a CTP and a 2024 and neither have given me any issues (thank God). I absolutely love em.

It is very tempting to exit and make some free cash and be in the market to look for another vehicle….decsions , decisions.

1 Like

Amazing deal, congratulations! Just curious about something. You got a check for 22k right? And that brought your effective to $116 on a 36 month term. Doesn’t that mean the payment you’d be transferring to someone is $727/month? I’m just trying to understand where someone wants to pay 15-25k on a 727/month payment. If your contracted payment was actually your effective of $116, then I get it. But that’s not what this sounds like.

They’d be getting a paid off lease since it was a one pay

2 Likes

Ah forgot that, I get it.

I got a dealer with a ton of Hummer Loaners. How did you negotiate a check back for 22k? How should I go about negotiating?

Dont mean to sound rude, but did you read this thread?

It’s not about negotiating any amount of check back from the dealer…that approach will not get you anywhere. You focus on what you believe is the true market value or what the selling price of the vehicle should be (Pre-incentives) and have supporting data points, used car listings, articles/websites, MMR values etc and maintain that price at buyrate.

Using that coupled with the residual will yield whatever the math comes out to be on the depreciation and rent cost for the vehicle.

4 Likes