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Prices Paid: Buying & Leasing Experiences Honda Ridgeline Prices Paid and Buying Experience
795 messages, Last post on Nov 09, 2009 at 9:25 AM
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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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Replying to: jfritsch (Jul 28, 2008 2:16 pm) The proof is in the pudding -- be prepared to put your money where your mouth is. Here is a challenge for you, the expert: Get a verifiable quote from ANY dealer in the United States for $10k off the MSPR + the low rate APR option. Email me the dealer name so I too, using my email can get the same quote. It must also be verified with a phone call to the person who sent you the quote. If it's true and verified, I will buy the Ridgeline on the spot. I'll be waiting... The truth is you're going to say, "I don't have to prove it" but you the expert knows it can be done. Not only will you not provide proof but you'll also try to disparage me for calling on to the wool.
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Replying to: mplshondadlr (Jul 28, 2008 2:35 pm) There's a great deal of mistrust between buyer and seller here. I think coming to a price for real estate is easier than it is for an auto. I can't think of another purchase that causes more haggling that a new car purchase.
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Replying to: aspesisteve (Jul 29, 2008 8:45 am) ... "I can't think of another purchase that causes more haggling that a new car purchase." Which is the reason boards like this exist. In todays day and age all of the information is out there. There are several free resources available 24/7 on the internet that helps to cut through all of the B.S. These resources help the consumer confirm not only an actual dealer cost but also help to confirm if the buyer is getting a good deal, or if they should just walk away. The downside, is when a consumer see's a price on a pricing board that is impossible to attain, which in the long run makes the whole purchase upsetting and more troublesome then it should be. I have delt with more then one reader of this very board who says something along the line of, 'I saw there was a guy in Carmel, CA. who posted that he bought this same Honda for $XXXXXX so I expect the same price.' Meanwhile, that consumer forgets to mention that 30 other people on this board post a price paid much higher then this one poster who may or may not have actually paid the low price he said he did. As a dealer, it's no fun to tell someone NO. Afterall, we get paid when we sell cars and were it up to us, we would sell EVERYONE a car. Just my .02 |
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Just an FYI... Monday, I bought a 2008 Formal Black RTL w/o nav., w/ leather, cargo tray, window tint, moonroof visor, pin stripes, door edge protectors, wheel locks,, mud guards, for $26,099 + TTL came to 27,541.... I think that is a pretty good deal..... about 9000 off MSRP for the basic RTL w/ no dealer packages... Any thoughts?
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Replying to: tbone0103 (Jul 29, 2008 7:15 pm) The MSRP is $33725.00 Invoice is $30796.00 minus $4500.00 dealer cash minus cost of accessories $529.00 (MN prices installed) = You bought the Ridgeline for $529.00 UNDER invoice - About $8000.00 off MSRP.
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Replying to: mplshondadlr (Jul 30, 2008 6:29 am) 10 k off (in cash or cash + financing) isn't exactly giving a 34000 msrp vehicle away especially when you may be very lucky to trade it in on something else (or more accurately, for cash) for $ 20000 in 12 months. Numerous members on the ownersclub forum have bought used 07s and 06s from dealer retail for kbb wholesale (trade in) value or less. I'm not telling you every dealer in every city will line up to drop his pants for 10k off for emailing him, and I'm not going to email 100 even of the 1000 or so honda dealerships around the 100 or so major metropolitan areas and some in the stix so you can consider yourself the victor on this one mplshondadlr. Good luck --jjf You may not get iti in your area but the concept that 10k off (especially including favorable financing) is pie in the sky is mistaken." The proof is in the pudding -- be prepared to put your money where your mouth is. Here is a challenge for you, the expert: Get a verifiable quote from ANY dealer in the United States for $10k off the MSPR + the low rate APR option. Email me the dealer name so I too, using my email can get the same quote. It must also be verified with a phone call to the person who sent you the quote. If it's true and verified, I will buy the Ridgeline on the spot. I'll be waiting... The truth is you're going to say, "I don't have to prove it" but you the expert knows it can be done. Not only will you not provide proof but you'll also try to disparage me for calling on to the wool.
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Replying to: jfritsch (Jul 31, 2008 1:41 pm)
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