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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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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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Replying to: mplshondadlr (Jul 26, 2008 1:14 pm)
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Replying to: mplshondadlr (Jul 26, 2008 1:14 pm) Many are purchasing Ridgelines from dealers used for under kbb *trade in* (not dealer retail) price. A year or so ago a 1 yr old Pilot or RL could be traded for around 10k less than original msrp. You may be lucky now to trade for 14k off msrp. The Ridgeline usually sold in july-august for 6000 off msrp. (a bit more for the higher trims) 10k off now with the market miserable is not unreasonable. Your target should be around 8k off plus good financing or close to 10k or more." 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: bolivar (Jul 27, 2008 12:12 am) Dont listen to other people, you can not get $10000 off the MSRP. If you hold out for that kinda pricing, you'll be a forever shopper, never a buyer.
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Replying to: mplshondadlr (Jul 28, 2008 1:55 pm) If they don't sell you a Ridgeline RTX for $22K plus TT&L -- they're a fool. For the record our dealership is selling the Ridgeline RTX $22150.00 plus TT&L. Dont listen to other people, you can not get $10000 off the MSRP. If you hold out for that kinda pricing, you'll be a forever shopper, never a buyer.
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