RAJ-
The Smart Buy I locked in which the dealer has agreed to and will hold for me until the end of the month when I am ready to buy is as follows: 15K miles a year, 48 months @ 6.5%. The Residual Value will be roughly $22K. They have also said that if GM introduces any additional rebates on the H2 between now and the end of the month they will give me those as well. It seems GM is updating their rebates every two weeks with the last revision being 8/4/03. I am also currently talking with one of my credit unions who does the Auto Advantage Balloon to see if I can get a better rate. They will do roughly the same Residual Value and I am working on trying to get 48 months at 5.25-5.75% with the same amount of miles and same turn-in provisions. At 5.25%, I would be saving $2,160 over the 4 years. So it's definitely worth pursuing. We will see...
I guess my question to the forum is this: Did anyone do a Smart Buy on their H2 during last Summer&Fall and if so, what were they using as the Residual Value back then on a 48 month/15,000 mile Smart Buy???
*member of the "No Hummer Krew"*
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-HUMMERDOGG
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