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Prices Paid: Buying & Leasing Experiences Honda Ridgeline Prices Paid and Buying Experience
794 messages, Last post on Oct 21, 2009 at 1:38 PM
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Anybody heard whether there will be larger factory to dealer incentives hiding out there in July to rev up sales of the moribund Ridgeline market? Or will we have to wait for August and $150/bbl oil? Here's hoping Honda comes off of some more cash. I'd buy an '08 Ridgeline for $10,000 off MSRP. 
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Replying to: 07exlres (Jul 01, 2008 6:33 am)
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Replying to: tbone0103 (Jul 21, 2008 5:44 pm) you've come to the right place. just scroll back a few posts - it's all here
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Replying to: aspesisteve (Jul 22, 2008 6:34 am) This is new ground for Honda, having a huge supply of a vehicle and low demand. Since in better shape financially than most other car makers, maybe they can afford to meter this supply out at currrent discounts & sell rate until year end or beyond. While I dug the Ridge and capability/features, bought a used '08 2 dr Jeep Sahara on Sat - not looking back. Would've been happy with either vehicle, the Jeep just pushed my buttons a little more this time around. Just remember, when at a dealer, it's you against the dealer. They have a knack for making the worst deal sound good. Keep it on the phone & net and it's the dealers against one another - evaluate at your leisure. Happy hunting, month end makes dealers do strange things - hit them hard!
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Replying to: sunmail (Jul 24, 2008 8:44 am) I like the point of making it dealer vs. dealer, not the dealer vs. you. takes some discipline and strategy, but very doable at the end of the month. When I was haggling over a Ridgeline last year this time, I had dealers starting out at one price 2 days before the end of the month and by the last day they were duking it out for my business. My cell phone wouldn't stop ringing even while sitting at a dealer in his office. I've never seen paper work get done so fast - they were worried I was going to answer my phone and tell them they were going to have to match a lower offer. These guys didn't play any games with me knowing I had contacted several dealers near my zip code.
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Replying to: aspesisteve (Jul 25, 2008 8:04 am) |
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Replying to: tbone0103 (Jul 25, 2008 9:47 am) Good luck --jjf
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Replying to: jfritsch (Jul 25, 2008 2:36 pm) WOW - talk about setting an unrealistic expectation. Do you think there is a dealer in the world willing to take and actual $2000.00 - $3000.00 or greater loss to sell someone a car? Thats not to say that there aren't dealers out there willing to loss $250 - $500 real dollars, but $2000 - $3000 to sell a car? From a business standpoint, that makes ZERO sense. I'm talking real world dollars here: 2008 Ridgeline RTX $29135.00 MSRP $26449.00 Dealer Invoice -$855.00 Dealer hold back (2% HTB + 1% fixed cost adjustment) -$4500.00 NON-sub vented dealer cash =$21094.00 ACTUAL DEALER INVESTMENT. Which is $8041.00 off of the MSRP. If you take the sub vented rate then adjust the selling price to $23404.00 which is actual dealer investment. That is still $6541.00 off the MSRP. I understand advocating fantastic prices for consumers -- but lets keep expectations equal to reasonable value.
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Replying to: tbone0103 (Jul 25, 2008 9:47 am) you're getting some half truths from the dealer. Yes, '08 inventory is probably already delivered for the year, but to think they might run out anytime soon of what's in stock would be false. jfrtish prices might be the extreem - I don't want to say what's possible since I'm not the one out there buying. My guess is invoice - the $4,500 plus some or all of the dealer hold back depending upon how specific you are with the color and options. I have never been able to get both the low apr and all the cash incentives at the same time - but some people say they have - who knows if they sacrificed on the actual cost of the vehicle.
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Replying to: aspesisteve (Jul 26, 2008 1:33 pm) |
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