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Honda Ridgeline Prices Paid and Buying Experience

796 messages,  Last post on Nov 10, 2009 at 6:21 PM

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What is this discussion about? Honda Ridgeline, Truck


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#31 of 796
Re: Pricing [bull77ock] by gearhead1
Mar 18, 2005 (6:46 pm)
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Replying to: bull77ock (Mar 18, 2005 5:25 pm)

At 1,000 below MSRP I'd grab it. This is the lowest price I've heard anyone get on a Ridgeline. I paid MSRP, but didn't really have any leverage to bargain with since they sold the last 3 they got in just a couple of days. I paid a few thousand more than the Taco I was looking at, but still the Ridgeline seems Like so much more truck, and build and quality seems impeccable. I looove it. I was ambushed in the Wal-Mart parking lot today by a caravan of serious 4x4 enthusiasts loaded up with their heavily modified rigs on their way to do some serious rock crawling. They loved the Ridgeline. Everytime I showed them a feature, a chorus of WOWs !!!! broke out. I really didn't expect that kind of reaction from this serious truck crowd, considering all the trash talk I've heard on serious truck forums about the Ridgeline as a girly truck.
#32 of 796
Re: Pricing [bull77ock] by centralcal
Mar 18, 2005 (7:56 pm)
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Replying to: bull77ock (Mar 18, 2005 5:25 pm)

What did you like about the Ridgeline over the Frontier or visa versa. I have an LE CC 4X4 and love it, but Ridgeline looks appealing (well, I don't like the looks, but the rest of it) with some features that sound very nice.
#33 of 796
Re: Pricing [bull77ock] by mikefm58
Mar 18, 2005 (8:10 pm)
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Replying to: bull77ock (Mar 18, 2005 5:25 pm)

$1K below MSRP is the best I've heard so far, so it is a really good price. But only you can answer the question, is it woth $4K more than the Nissan.
 
IMHO, the Ridgeline is over priced when compared to the competition. I priced out a Tundra 8 cyl, 2WD, crew cab, leather, auto, sports package at $2-$3K less than a Ridgline.
#34 of 796
Pricing by bull77ock
Mar 18, 2005 (8:24 pm)
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In regards to the Ridgeline I thought advantages it had for me were. Ride with the independent rear suspension. The tailgate and bed trunk. Interior quality and room in the front.
 
The Nissan had in my opinion the better engine(I have a 98 Pathfinder and my wife has a 2001 Maxima and both V6 engines have been great), ultitrack, more towing power. But what really gives it an advantage is price and what you get for it.
 
I compared the LE versus the RTS, but even in that trim I get body side mouldings, roof rack, towing package and other things for 3-4K less. If price didn't matter, the Ridgeline would be first. I am going to test drive them one more time and then decide.
 
Tough choice, of course my wife is getting tired of hearing about it so she won't mind it if I pay more for the ridgeline
#35 of 796
Re: Pricing [bull77ock] by centralcal
Mar 18, 2005 (8:51 pm)
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Replying to: bull77ock (Mar 18, 2005 8:24 pm)

You may check insurance costs. Mine is much higher than I expected. Also, don't know what people are reporting for real life mpg, but i am at 16.5 with 70% Freeway (at about 75 mph) and 30% town. 87 octane. All of this may make the cost advantage disappear the longer you keep the truck.
#36 of 796
Re: Pricing [bull77ock] by gearhead1
Mar 18, 2005 (10:26 pm)
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Replying to: bull77ock (Mar 18, 2005 8:24 pm)

"compared the LE versus the RTS, but even in that trim I get body side mouldings, roof rack, towing package and other things for 3-4K less. If price didn't matter, the Ridgeline would be first."
 
I went through the same thing (price vs what I really wanted) it's a tough call, but I felt even sicker spending 26,500 on a taco, and knowinig it wasn't really what I wanted compared to the Ridgeline. My wife is definitly glad we waited for the ridgeline. She's in love with it.
#37 of 796
Re: Pricing [bull77ock] by ridgeline_2006
Mar 18, 2005 (11:28 pm)
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Replying to: bull77ock (Mar 18, 2005 5:25 pm)

Which car dealer and state?
I am in MD. A honda dealer in MD is willing to sell me a Ridgeline RT-L with bed extender, moonroof and running boards out the door for $34,000. Not sure if this is a good price? thanks....
#38 of 796
Pricing Northeast by bobber123
Mar 19, 2005 (6:51 am)
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The dealers here are sticking at invoice but will drop the destination fee. I guess it is actually 500 under invoice.
The residual value on a RTL with moonroof and Nav through Honda financing for 36 months seems to be around 21,700.
Honda gives low finance % (1.9, 2.9)on all their vehicles except for this one now. Dealers are quoting me 5.9, I am hoping that changes to increase sales before I make the purchase in a few weeks.
 
Calculating a 36 month lease I come up with
4000 down, 445 a month.
I have an installed options price list from a dealer and here is the cost of the options I want to add.
 
Roofrack 386 (although I am not sure if the moonroof deflector will help to eliminate wind noise over the rack, I need the rack and love the moonroof.
 
moonroof visor 128
 
Running boards 508
 
Bed extender 302
 
Basically, to lease the above vehicle, it should be around 475 for 36 months with resid again at 21,700
 
I am going to purchase mine this way.
If I am to buy and get a 1 % lower rate, I will have to go five years. The total cost with finance charges will be around 40,000 with payments in the $600 range (estimate.) The lease will run me $39,000 (that is purchasing really) but if you calculate refinancing the residual, then the total will be about 41,000 over 5 years.
 
Here is how I look at it. Every vehicle I leased, I could buy at the end of the term lower then the residual. They would rather sell you the car a little cheaper then play the auction game.
 
I am betting that my total purchase using the lease/purchase method will be substantially cheaper at the end. I also will have protection if it turns out to be junk or didn't suit my needs anymore. I could then end the lease, and turn it in.
The most likely thing will be that the new ridglines for 08 or 09 will be out and will be substantially upgraded. This will drop the market for the 06 and I may actually get the residual purchase in the upper teens.
 
Anyway you slice it, it is darn expensive but there comes a time in everyones life when they just have to bite the bullet!
#39 of 796
Re: Pricing [bull77ock] by greatsloar
Mar 19, 2005 (8:36 am)
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Replying to: bull77ock (Mar 18, 2005 5:25 pm)

I paid the RT MSRP in SE Wisconsin for an RTS, so $27,700 plus shipping for the RTS. That's almost 2400 off MSRP for the RTS. Of course, we had an email from the dealer saying they had the RT in stock, so come on in. Then we hear, "there are none available, but how about the RTS." Things got a bit ugly, and the dealer decided to sell us the RTS for the RT sticker price (what I was prepared to do anyway). I left pretty happy despite the ugliness. It occurred to me after the sale that it could have qualified as a bait and switch? So that may have helped with the negotiations.
At any rate, the truck is excellent. We chose it primarily for the safety features and versatility. I have a 7 month old, and like the added security that all the AWD, suspension, and traction control features offer. No other truck offers anything similar. I've owned a pickup for the past 15 years, but now need something that is more family friendly, not an SUV, and still allows me to keep my testosterone levels up.
#40 of 796
Re: Pricing [greatsloar] by gearhead1
Mar 19, 2005 (10:47 am)
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Replying to: greatsloar (Mar 19, 2005 8:36 am)

Wow, I think you paid pretty close to invoice. They must have been afraid of something.

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