- #236 of 353
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Re: Honda Ridgeline RTL w/Navi [john1000]
by Car_man HOST
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Apr 06, 2007 (2:17 am)
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Replying to: john1000 (Mar 24, 2007 11:49 am)
Hi john1000. In my quote that you posted, I stated that the 2007 Ridgeline's special lease program is regional. It sounds like you are not in one of the states that this program is available in. What state do you live in? If you let me know I can tell you for certain if this is the case. If this special lease program is not available in your area and you want to lease this truck through Honda Finance, you will have to use its standard lease program. At least you can use the $2,000 dealer cash that is available on it to negotiate the capitalized cost of a standard lease.
Car_man
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- #237 of 353
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Re: Honda Ridgeline RTL w/Navi [john1000]
by ridgemehard
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May 08, 2007 (7:54 pm)
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Replying to: john1000 (Mar 24, 2007 11:49 am)
so, i saw a ridgeline that said 199 a month, ask how. anyone know how this would be possible other than a gigantic down payment
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- #238 of 353
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Re: Honda Ridgeline RTL w/Navi [ridgemehard]
by Car_man HOST
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May 10, 2007 (1:57 am)
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Replying to: ridgemehard (May 08, 2007 7:54 pm)
Hi ridgemehard. It's possible to come up with any lease payment one wants by manipulating the terms of a lease, such as its length, mileage allowance, and down payment. It would be impossible to lease a 2007 Ridgeline for $199 per month right now without making a significant down payment. I don't believe that Honda is running a special lease program on this truck right now. It does however have $2,500 dealer cash on it that will help you to negotiate an attractive selling price. It you tell me exactly which Ridgeline you want, what its MSRP and selling price are, how long you want to lease it for, and what mileage allowance you need I would be happy to estimate what its lease payment should be right now for you.
Car_man
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- #239 of 353
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Re: Honda Ridgeline RTL w/Navi [Car_man]
by ridgemehard
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May 10, 2007 (1:45 pm)
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Replying to: Car_man (May 10, 2007 1:57 am)
well, i was thinking absolute base price and i have no idea about the length of lease. if there is an average, i would go with an average lease. im going to have about 1500 to put down on the lease as well.
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- #240 of 353
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Re: Honda Ridgeline RTL w/Navi [ridgemehard]
by Adamv
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May 11, 2007 (12:47 pm)
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Replying to: ridgemehard (May 10, 2007 1:45 pm)
"It does however have $2,500 dealer cash on it that will help you to negotiate an attractive selling price"
Wouldn't it also help you negotiate a better lease rate?
"im going to have about 1500 to put down on the lease as well. "
You should never put anything down when doing a lease. Roll it all into the payment. Use your $1500 for better things, like an ivestment at an interest rate higher then your lease rate.
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- #241 of 353
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Re: Honda Ridgeline RTL w/Navi [Adamv]
by aspesisteve
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May 29, 2007 (4:20 pm)
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Replying to: Adamv (May 11, 2007 12:47 pm)
anyone know what the lease rate is going for on the Ridgeline?
car man?
anyone?
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- #242 of 353
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Re: Honda Ridgeline RTL w/Navi [Adamv]
by Car_man HOST
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Jun 14, 2007 (2:13 am)
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Replying to: Adamv (May 11, 2007 12:47 pm)
Hi Adamv. The dealer cash will have no impact upon the Ridgeline's money factor. It will help consumers to negotiate a low selling price on it, which will in turn lower the lease payment.
Car_man
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- #243 of 353
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Re: Honda Ridgeline RTL w/Navi [aspesisteve]
by Car_man HOST
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Jun 14, 2007 (2:17 am)
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Replying to: aspesisteve (May 29, 2007 4:20 pm)
Greetings aspesisteve. Honda is providing $2,500 dealer cash on the 2007 Ridgeline instead of lease support. This dealer cash will help you to negotiate an attractive capitalized cost for your truck, but if you want to lease it through Honda Finance you will have to use its standard lease program. This program varies by trim level, term, and mileage allowance. Its current buy rate standard money factor for a 36 month lease of this truck is .00275 for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing.
Car_man
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- #244 of 353
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Honda Ridgeline RTL
by jbone66
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Jun 24, 2007 (7:27 pm)
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Replying to: Car_man (Jun 14, 2007 2:17 am)
Hi Car_man,
I have read your previous postings and have found them all to be informative. I am in the market for an 07 Honda RL RTL (no navi). I am in California and it appears that there are no lease incentives at this time for this vehicle. Now that July is around the corner are you aware of any upcoming lease incentives (far less than .00275)? I am looking for a monthly payment range of $350 (give or take) with minimal down. I was quoted 27,900 (b4 tax/docs/etc) for an RTL (no nav).
Thanks.
- jbone
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- #245 of 353
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Ohio Lease Question
by allerb
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Jul 11, 2007 (9:10 am)
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I am in the market for an RTL and have received the following quotes from 2 separate dealers one day a part. My question is (I am new to leasing) are are either of these a good deal (Is there room for more negotiating) and why the different money factors. Can anyone help me?
2007 Honda Ridgeline RTL..36mo...12k miles...tax incl - $449/mo with $796 due at signing; 51% Residual and .00219 Money Factor
MSRP on 2007 Ridgeline RTL at $33,535, sale price - 26,521. Lease payment for 36 mos. with 12k miles a year including tax is $427 with $847 due at signing. Residual value is $16,767.50. The money factor is .0025.
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