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Honda Ridgeline Lease Questions

364 messages,  Last post on Oct 23, 2012 at 3:38 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 27 of 38

#253 of 364 Re: 08 Ridgeline Lease Rates [felixdacat13] by Car_man HOST

Nov 19, 2007 (3:25 am)

Replying to: felixdacat13 (Nov 02, 2007 12:26 pm)
Hey felixdacat13. Yep, the old Ridgeline doesn't appear to be that popular this month. Perhaps you can interpret the lack of posts in this discussion as a lack of demand and use it to your advantage during negotiations . 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

#254 of 364 08 Ridgeline RTX by jd1140

Nov 26, 2007 (5:37 am)

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?

#255 of 364 New Lease Incentives from Honda by jd1140

Dec 06, 2007 (3:01 pm)

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

#256 of 364 08 Ridgeline RTS by csufin

Dec 11, 2007 (9:56 pm)

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

#257 of 364 Ridgeline RTX lease by d0ug

Dec 16, 2007 (1:18 pm)

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.

#258 of 364 Leasing a Honda Ridgeline RTL (no navi) by javaoz

Dec 27, 2007 (11:10 pm)

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?

#259 of 364 still looking to get the ridgeline.. 2 days to go! by sandyl

Dec 28, 2007 (12:38 pm)

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

#260 of 364 Re: still looking to get the ridgeline.. 2 days to go! [sandyl] by felixdacat13

Dec 29, 2007 (6:56 am)

Replying to: sandyl (Dec 28, 2007 12:38 pm)
signed in as my DH..
 
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.

#261 of 364 Re: still looking to get the ridgeline.. 2 days to go! [felixdacat13] by javaoz

Dec 29, 2007 (6:04 pm)

Replying to: felixdacat13 (Dec 29, 2007 6:56 am)
Hi Sandy,
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

#262 of 364 Ridgeline RTL Lease rates by javaoz

Dec 29, 2007 (6:56 pm)

I am on the Honda website and with the discount a local Honda dealer was prepared to give of $34,950 with all requested accessories installed out the door) and with $2,500 capital reduction this is the deal I get. I can even get a certificate for this deal and it pulls up the RT deal which means the deals are related but that's another story.
 
This is the standard deal and below is the Special Lease
2008 Ridgeline RTL
36 Months Term
12,000 Annual Mileage
 
    $593.24
*Lease Summary: Required Refundable Security Deposit $600.00, 1st Monthly Payment $593.24, Capitalized Cost Reduction $2,500.00 to equal an estimate total of $3,693.24 due at lease signing
  
LEASE SPECIAL
       
2008 Ridgeline RTL
36 Months Term
12,000 Annual Mileage
Terms Certificate
 
    $432.77
*Lease Summary: Required Refundable Security Deposit $450.00, 1st Monthly Payment $432.77, Capitalized Cost Reduction $2,500.00 to equal an estimate total of $3,382.77 due at lease signing
 
What is the money factor and the % Residual on this Lease Special?
JohnH

Messages Page 27 of 38

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