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Prices Paid: Buying & Leasing Experiences Honda Ridgeline Lease Questions
353 messages, Last post on Aug 25, 2009 at 3:15 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi Car_Man, Wow. No Ridgeline lease queries in a month! Sir, could you be so kind as to quote me the Money factors and the residual values for both th RT and RTS? Lets say for the standard 12K/year for top tier credit. I'm in Georgia, but have used Tennessee dealerships in the past if I could get a better deal. Also, has there been much movement in these rates since the 08 came out? I do not intend to lease until December. Finally, do you think there could be a possibility of some special deals with lease rates in December? Has Honda been known to do anything for the final month of the year? Thanks, FX
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Replying to: felixdacat13 (Nov 02, 2007 11:26 am)  . Here's the information that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Honda Ridgeline RT with 12,000 miles per year are .00191 and 58%, respectively for consumers who qualify for its top credit tier and pay a security deposit at lease signing. The numbers for an otherwise identical lease of a 2008 Ridgeline RTS are .00191 and 57%. This lease program is scheduled to run though November 30th. It is difficult to say what the December program will be like at this point, but I personally doubt that you are risking much by waiting until them to lease. If I had to make an educated guess, I would say that the December program will be the same, or more attractive than the current one. Again though it is difficult to say for certain. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Received quote from Boch Honda Norwood Ma. 2008 RTX Ridgeline MSRP $29,135 Net $25,879 0 Down $749 Inceptions $367 mo. for 36 mos. 12k yr IS this a good price? |
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New Lease incentives from Honda on the Honda Website. Im glad I told the guy at BOCH Honda I was going to wait until Dec. Newe money factor is .00051 JD |
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Is this a good deal for the 08 Ridgeline RTS? $26,900 sale price $900 for accessories including installation(running board, roof rack, mud guards and wheel locks)? $60 doc fee Total $27,860 plus tax and license
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I was wondering what your opinion was of the recent RTX lease option.Briefly it includes: $279.00 per month, $1999 at signing, closed end, $17000 residual and 3 year 36,000 miles. I am not sure about gap insurance. Your advice would be greatly appreciated.
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I have been referred to a friendly Honda dealer and came up with a "good" (in my view) price for a Ridgeline RTL with several options at $34,900 installed. When it comes to leasing though the money factor is decidedly more expensive than RT or RTX. A $28K RT is$269/mth; a $35K RTL $460; 25% more expensive but the lease payment goes up 72%. I was thinking it'd be more like $350/mth I understand that the money factor is different but then it pushes this to a $500/mth lease which means that Audi Q7 and other luxury brands come into play. Is there a way to get an optioned Ridgeline RTL for around $350/mth?
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We are negotiating with dealers here. Sales tax is 7%. With 1sts month due at signing we are working on 299/month. We believe this to be doable, but wondering if we are still leaving money on the table. Sandy
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Replying to: sandyl (Dec 28, 2007 11:38 am) We ended up with 279/month + tax with 1st month and 42 tax due at signing. "supposily" the dealer is losing money, but with 58% residual and a MF of .00051!, the ridgeline was a really good lease deal. We are getting this deal in Woodstock GA. The honda dealer 2 miles from our house was a joke. THey only have 3 in stock and this being "soccer mom" territory, the ridgeline is not what they want to sell. One metro Atlanta dealer did not even respond to my or my husband's email to even get a quote.
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Replying to: felixdacat13 (Dec 29, 2007 5:56 am) Which Ridgeline model did you end up getting for $279/mth +? I have been trying to get an RTL but can't get it under 500/mth which is too high. They claim that the RT and RTX can be close to what you got but the other models are 3 times as much. Thanks JohnH
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