Last post on Dec 31, 2011 at 7:09 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda Ridgeline, Truck
#42 of 840 Re: Pricing Northeast [bobber123]
Mar 20, 2005 (12:00 am)
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.
Glad to hear that some people see the wisdom of leasing too.I do agree though that leasing has its inherent disadvantages. Bobber123, I'm gonna bet you that the Honda delear will sell you that leased vehicle lower than the residual rather than gamble on getting more money by playing the auction game which they may loose if the car sits on the lot long and the new IMPROVED, perhaps hybrid RIDGELINES come out.
For some people who dismiss the gas issue. Try imagining just 5 years ( not 10)of truck ownership and a dollar increase per year on gas.$ 2.00 for year 05, 3 for year 06 and $7.00 by the year 2010.Lets say 12,000 miles / year divided by 18 mpg = 666.6 gallons x $7.00/gallon = $ 4,666 / year, your out of your pocket cost to let your V6 trucks run. If you think $4,666 is overblown try, a modest estimate by dividing it in 2 thats still $2,333 year.
How about if you drive 15,000 miles/year thats gonna cost you $5,833 (high end estimate, $2916 low ball figuer. Fat chance you can sell your trucks at predicted residuals with gas at $7.00 gallon even if it's a Ridgeline or Tacoma.Truck ownership is still affordable now but for how long. Hope you have taken to heart the cost of ownership of trucks 5 years down the road.Hope you have contingency plans if you didn't lease on how to make the most in resale of a $30,000 truck if gas prices would indeed hit the roof, and most people are buying gas thrifty cars.
Anyways congratulations to truck owners who got their Ridgelines below MSRP.Can't believe that price changes are already taking place and it's been only the 20th day since the Ridgeline debuted. Come the last days of spring and more gas price hikes these babies prices will come down even more.So folks wait a month or two, imagine what you can do with $2,000-$3000 in your pocket.
#43 of 840 Re: Bought/leased a Ridgeline sunday!! [nwlily36]
Mar 20, 2005 (9:29 am)
In my area almost all Honda's are selling near MSRP. Odyessy, Pilots, Ridgelines. You can get deals on the CRV about 1000 and the Accords, Civis are up for grabs.
So MSRP here is not bad for a vechicle in demand. You want a top rated manufactor and model you'll have to pay. Look at the van it's been out for years and here they are hard to find and haven't seen anyone get a deal.
I bought the Ridgeline MSRP and it's been 2 weeks and 1100 miles and have been very happy. I would never pay over MSRP and on ebay people are. I would wait first or go out of state.
#44 of 840 Who got there Ridgeline under MSRP
Mar 20, 2005 (9:31 am)
I'd like to see the paperwork. Frankly I think you are lying. What dealer would discount a new model 20 days out when out there people are paying MSRP over. Even in Detroit I don't see it. I know that employees of Honda are not able to get a Ridgeline unless they pay MSRP. So I doubt you could.
#45 of 840 Re: Who got there Ridgeline under MSRP [boxsky]
Mar 20, 2005 (10:27 am)
Yes, 1,500 under MSRP on this new vehicle seems a little doubtful. How long was it on the lot? My dealer here sold 5 in the first week. I didn't even try to dicker and paid MSRP.
Of course I paid Invoice years ago on a hot Toyota simply because one dealer hated the ohter dealer and wanted to take the sale from him. sales is all psychology. Sometimes It's more satisfying to screw somebody than make money.
#46 of 840 Re: Bought/leased a Ridgeline sunday!! [boxsky]
Mar 20, 2005 (10:37 am)
Wow, where are you? In Atlanta, you can get Pilots at 700 under INVOICE, Odysseys 1000-1500 under MSRP, and CRVs 300 under INVOICE. I think the Ridgeline will be at 1000 over invoice by Fall and at invoice by next year at this time.
Frontiers can be had at invoice and Tacomas 500-1000 over invoice and they just came out also.
#48 of 840 Re: Bought/leased a Ridgeline sunday!! [bamacar]
Mar 21, 2005 (11:25 am)
First of all my apologies to our Host, sorry I forgot that their should be no contact info. in the post.
To people who doubted that the prices of Ridgelines are shooting down let me show you this edited add.
$2,000 Off All In Stock 2005 Odyssey's
2005 Pilot's Starting at: $27,550.00 NOW $23,999.00
2006 Ridgeline's Starting at: $27,700.00 NOW $26,700.00
Within 21 days, the Ridgelines price plummet to $ 1000 less.Maybe a bait and switch tactic but a sure sign of good times to come for truck enthusiast.With the alledge gas price increase of 30-50 cents this spring those prices are gonna go down some more, so wait just a little bit, $3000 in savings aint pocket change, kind of free gas for a year and a half. For folks with lots of dough go to your truck delears asap and debulk your fat wallets.
Have a good day patient folks, $3000 in savings is $3000 divided $2.5/gallon (now)=1200 gallons x 18 mpg= Gasoline free 21,000 miles.
#49 of 840 Re: Bought/leased a Ridgeline sunday!! [bamacar]
Mar 21, 2005 (7:40 pm)
I'm in Eastern PA. At 2 dealers they had no Pilots in stock and the ones coming in were not my choice of color or package. The Ridgelines were there 3 in stock and one was being used my the GM. 3 sold but all were on order because of color or package. They had the one I wanted anyway so I bought it.
It's very hard to get a Honda at invoice in this area. Ford, Chevy, GM they give away and Nissan has fallen lately so they are up for grabs. Toyota will deal. Hondas for some reason here don't make the deals.
People lie when it comes to how mcuh something cost. If we were talking about their wife's wedding ring they'd be sing the song it cost 20k but the Ridgeline only cost them 15K.
#50 of 840 Re: Bought/leased a Ridgeline sunday!! [boxsky]
by kyfdx@Edmunds HOST
Mar 22, 2005 (9:23 am)
All people that say they paid less than you are liars?
Thanks for your input....
Mar 22, 2005 (9:34 am)
all in stock - says the add in my local San Jose paper.
IMO this niche vehicle will not be a big seller for Honda. Knocking off $1,000 off MSRP this early in the ball game is a sign of what's to come -