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Trading in my 06 H3 on an 07 H3 Adv.

Messages
24
Location
Pittsburgh, Pa
I have a boulder grey 2006 H3 base/chrome with 150k that I worked a deal in for a 2007 H3 Adventure shipped in from Jacksonville Florida with 40,600 miles on it. Yellow, leveled with 295/75/16 Dynapro MT on factory chrome split spokes, tinted glass, OEM chrome Hummer fuel door, OEM Hummer windshield banner, OEM Hummer side stripe, rear locker and 4:1 transfer case. I'm very excited.

Being that I'm in the rust belt of north western Pennsylvania, finding a low mile and totally perfect rust free H3 is an amazing find.

When the deal is done, I'm borrowing $12,780 to get the deal done. That's after the trade and some cash down. I can't wait to go get it Saturday morning!

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skeptic

Well-Known Member
Messages
737
Location
Orygun
Very nice. I'm a bit torn on the deal though - trade-in an '06 plus cash and still owe almost $13k sounds kinda high. On the other hand, that yellow H3 Adventure looks really clean and with only 40k miles and zero rust an H3 that nice is getting hard to find.
 
Messages
24
Location
Pittsburgh, Pa
Skeptic, I owned the 06 fire a year and still owed $5200 on it. Traded it for $10k. Supplied $3k cash in the deal. Total purchase price for the 07 is $19,900 plus tax.

19,900
-$3000
-$4800 positive equity in the 06.
---------------------------------------------------
$12,100 difference, not including taxes or plate transfer fees.

I will show up with the 06 loan paid off by the bank ($5200) and a check in hand for $7698 along with my $3000 cash. Total loan is the $7698 plus remaining $5200 balance that was paid off, or $12,898 total.
 

skeptic

Well-Known Member
Messages
737
Location
Orygun
Skeptic, I owned the 06 fire a year and still owed $5200 on it. Traded it for $10k. Supplied $3k cash in the deal. Total purchase price for the 07 is $19,900 plus tax.

19,900
-$3000
-$4800 positive equity in the 06.
---------------------------------------------------
$12,100 difference, not including taxes or plate transfer fees.

I will show up with the 06 loan paid off by the bank ($5200) and a check in hand for $7698 along with my $3000 cash. Total loan is the $7698 plus remaining $5200 balance that was paid off, or $12,898 total.

Didn't mean to imply you were getting ripped off or anything. Still owing $5,200 on the '06 explains it. The important thing is you got the best color H3 ever made (my first Hummer was a yellow '07 H3 Adventure).
 
Messages
24
Location
Pittsburgh, Pa
I didn't take it as a rip, I just wanted to explain it a bit further so it made sense. I'm thrilled to be getting into such a preserved specimen! You don't get chances like this often up here in these (rusty/salty) parts!
 

MustangGirl666

Well-Known Member
Messages
291
Location
West Hartford CT
NADA/KBB the dealer purchase price is only $18,600 I wouldn't pay a penny over that it's priced to high. I paid $24,000 for my 2007 Fully Loaded H3X with 17,000 miles never driven rain/snow 4 years ago, she's still pretty much rust free. I have seen many rust free ones or nearly rust free for a lot less. The plunge from a 2006 to 2007 is not much I would hold out for a newer one just my opinion
 

08SolarFlareH3

Super Swampers
Messages
2,525
Location
Finger Lakes, NY
I'm located in the north east as well. Just saying you may want to consider continuing your search, as there are better deals to be had. Was just something for you to consider before taking the plunge. It's definitely a clean example, there is no disputing that but so was mine when I got it and it was from the north east as well (NJ). Winter prices are always higher in the north east, that's when everyone is looking for a 4WD. If you keep and eye out and are patient and willing drive up to a couple hours, you be surprised. Just saying I've seen a lot better deals in spring and summer. They will be prices quite a bit under retail (one you are looking is priced little above retail). Your money and you seem to be pretty set on it but if you plan on trading it in next year (like you said on fb) for an H2, you are better off holding out as your going take a pretty good loss on it when said and done. Just my 2 cents.
 

reaper

Well-Known Member
Messages
527
Location
Denver, Colorado
Didn't mean to imply you were getting ripped off or anything. Still owing $5,200 on the '06 explains it. The important thing is you got the best color H3 ever made (my first Hummer was a yellow '07 H3 Adventure).

I'll have to disagree. The green 06 is the best. :horns:
 
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