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Honda Ridgeline Lease Questions

353 messages,  Last post on Aug 25, 2009 at 3:15 AM

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What is this discussion about? Honda Ridgeline, Car Leasing, Truck

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#241 of 353 Re: Honda Ridgeline RTL w/Navi [Adamv] by aspesisteve May 29, 2007 (4:20 pm)
Replying to: Adamv (May 11, 2007 12:47 pm) anyone know what the lease rate is going for on the Ridgeline?   car man? anyone? Replies to this message: Car_man (Jun 14, 2007 2:17 am) jbone66 (Jun 24, 2007 7:27 pm) Car_man (Jul 20, 2007 2:16 am)
#242 of 353 Re: Honda Ridgeline RTL w/Navi [Adamv] by Car_man HOST Jun 14, 2007 (2:13 am)
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 Host Prices Paid Forum
#243 of 353 Re: Honda Ridgeline RTL w/Navi [aspesisteve] by Car_man HOST Jun 14, 2007 (2:17 am)
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 Host Prices Paid Forum Replies to this message: jbone66 (Jun 24, 2007 7:27 pm) Car_man (Jul 20, 2007 2:16 am)
#244 of 353 Honda Ridgeline RTL by jbone66 Jun 24, 2007 (7:27 pm)
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 Replies to this message: Car_man (Jul 20, 2007 2:16 am)
#245 of 353 Ohio Lease Question by allerb Jul 11, 2007 (9:10 am)
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. Replies to this message: Car_man (Jul 20, 2007 2:20 am)
#246 of 353 Re: Honda Ridgeline RTL [jbone66] by Car_man HOST Jul 20, 2007 (2:16 am)
Replying to: jbone66 (Jun 24, 2007 7:27 pm) Thanks jbone66. Honda Finance's July buy rate lease money factor for the 2007 Ridgeline is .00290 for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing. When negotiating your lease on this truck, make sure to take advantage of the $2,500 dealer cash that is currently available on it.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#247 of 353 Re: Ohio Lease Question [allerb] by Car_man HOST Jul 20, 2007 (2:20 am)
Replying to: allerb (Jul 11, 2007 9:10 am) Hi allerb. I like the second quote that you received better than the first. Not only is the monthly payment lower, but the dealer who gave it to you was much more transparent, disclosing your truck's MSRP and selling price. The selling price that you were quoted appears to be below dealer invoice minus the $2,500 dealer cash that is currently available on this vehicle, which is a very good deal.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#248 of 353 Ridgeline lease question by jfox5 Sep 23, 2007 (7:59 am)
I'm looking to lease an RTX. I saw this on Honda's website. Is there any possiblity of getting a lower price from the dealer? I'm not sure what i could use to negotiate the net cap cost down...   Thanks !   FEATURED SPECIAL LEASE: Closed-end lease for 2008 Ridgeline RTX Automatic Transmission (Model YK1638EW) for $309.00 per month for 36 months with a $2,105.00 capitalized cost reduction available to customers who qualify for the AHFC Super Preferred credit tier. $3,009.00 total due at lease signing.   MSRP $30,135.00 (includes destination) less the capitalized cost reduction resulting in actual net capitalized cost $25,618.34. Total monthly payments $11,124.00. Option to purchase at lease end $18,081.00. 12,000 miles/year. Replies to this message: steevo (Sep 27, 2007 2:22 pm) Car_man (Oct 08, 2007 2:42 am) Car_man (Oct 08, 2007 2:40 am)
#249 of 353 Re: Ridgeline lease question [jfox5] by steevo Sep 27, 2007 (2:22 pm)
Replying to: jfox5 (Sep 23, 2007 7:59 am) Interesting. I see that deal also on the Honda website..Strange thing is if you build the car on Hondas website, or if you go to Cars Direct, the MSRP is 29135. So they must be adding 1000 in options?? GOing from 30135, it seems that they are taking about 4500 off the sticker by getting us to chip in half as cap cost, and they go down half.. SO it LOOKS like a lower payment. But in actuality they are going 2000 under sticker and you are putting 2000 down. From reading the prices paid board, it seems an aggressive buyer could get about 3000 off the sticker on one of these trucks. So You could probs negotiate down the up front money by at least 1000. If someone can post the MONEY FACTOR and RESIDUAL for the RTX we can figure out what the best deal would be..Post a reply addressed to Car_Man and ask for the MF and resid..or maybe he will read this and post it. BTW, I am researching about 5 different cars/trucks right now because I have some time, and am not really decided yet on what it is I want. Replies to this message: Car_man (Oct 08, 2007 2:42 am)
#250 of 353 Re: Ridgeline lease question [jfox5] by Car_man HOST Oct 08, 2007 (2:40 am)
Replying to: jfox5 (Sep 23, 2007 7:59 am) Hi jfox5. I have found that savvy consumers who are in an area that have a decent level of competition are usually able to beat manufacturers' advertised lease payments by negotiating a lower selling price than the one that was used to arrive at them. Shop around with a few dealers for the lowest possible selling price on the Ridgeline that you want and then have the dealer that gives you the most attractive price calculate your monthly payment using Honda Finance's current buy rate lease money factor of .00228 (for top tier customers who pay a security deposit at lease signing).   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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