Ask the Car People.SM


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 31 of 37

#296 of 364 Latest Incentives on Ridgelines by gmaroun

Mar 11, 2008 (8:00 am)

Hi All,
 
I recently started an all out quest for quotes in the NJ/NYC area.
I noticed most honda dealers not all will use the traditional method of selling the car. Simply put, they place a middle man who has no power of making the deal or numbers. Their job is to make you act on impulse. Enough of that.
Being a currrent America Honda Finance Customer, I was able to get rates on the Ridgeline. I confirmed that their is a 1,125 Lease case to dealer that is running until 4/3/2008. Lease factor remains at .00102 or 2.44 APR. (Not bad rate) I expected lower.
I am heading to Garden State Honda in clifton to work on a deal.
Keep you all posted on details.

#297 of 364 Latest Incentives on Ridgelines Lease Figures by gmaroun

Mar 11, 2008 (9:47 am)

Replying to: gmaroun (Mar 11, 2008 8:00 am)
I have confirmed the new rates:
3/3/2008 - 4/4/2008 Lease factor is .000832 or 2%
12k miles 36 month Residual Rate:
RT and RTX 56%
RTS 55%
RTL 54%
RTL w/navi 51%
Lease Cash to dealer $1,125
 
Now you know the figures. The game has begun. I was able to get a selling price for 26,200 from Garden State on a RTX model trim which is off my target price of $24,049. I walked away. I am sure they will call me later in the month either they meet or come close to my target price.
 
RTX MSRP w/destination $29,135; Invoice $26,449

#298 of 364 Latest Incentives on Ridgelines by 01tblue

Mar 11, 2008 (10:07 am)

Gmaroun,
 
Try Friendly Honda NY. I strickly dealt with the salesman the whole process soup to nuts.
 
Email me if you like and I will give your the particulars and salesman name.
 
I got the best price, and did everything via email. Best and easiset purchase to date!!

#299 of 364 Re: Latest Incentives on Ridgelines [01tblue] by mattmalt

Mar 11, 2008 (11:30 am)

Replying to: 01tblue (Mar 11, 2008 10:07 am)
I had luck with Khalil at Academy Honda in Old Bridge NJ.....not long negotiations to get to where I wanted (see my post above) I was very pleased with them.

#300 of 364 AHFC Lease Cash Incentive by gmaroun

Mar 12, 2008 (3:33 am)

Does anyone know the current Lease Cash Incentive for dealers on the Ridgeline?
I know there is a 3500 cash to dealer but it can't be combined to Special AHFC Lease deals.

#301 of 364 Lease Deal on RTX by gmaroun

Mar 12, 2008 (10:48 am)

Hi again, I just close a Lease deal on a RTX Ridgeline
 
$1552.05 due at signing (1st payment and inception included)
36 month
12k year
$300.85 includes 7% sales tax (Need good credit to qualify)
 
If you are in a need for a great weekend duty truck, you must be nuts to pass up on the opportunity.
 
note it was not easy on getting this deal. You really need to have negotiation skills and do not expect this will be your first or second offer.

#302 of 364 Re: Current Lease Deals [01tblue] by Car_man HOST

Apr 16, 2008 (3:37 am)

Replying to: 01tblue (Feb 27, 2008 12:46 am)
You're very welcome, 01tblue. Congratulations on getting your new truck!
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#303 of 364 Re: March (post 3/3) Lease Terms [love2driveinct] by Car_man HOST

Apr 16, 2008 (3:40 am)

Replying to: love2driveinct (Mar 04, 2008 3:35 pm)
Hi love2driveinct. The Ridgeline's residual values vary by term and mileage allowance, but through April 30th Honda Finance's buy rate lease money factor for it is .00083 for consumers who qualify for its top credit tier and pay a security deposit at lease signing.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#304 of 364 Re: AHFC Lease Cash Incentive [gmaroun] by Car_man HOST

Apr 16, 2008 (3:41 am)

Replying to: gmaroun (Mar 12, 2008 3:33 am)
Hi gmaroun. Despite the fact that Honda is currently providing $3,500 dealer cash on the 2008 Ridgeline, only $1,000 dealer cash is available on leases of it through Honda Finance.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#305 of 364 Re: AHFC Lease Cash Incentive [Car_man] by aspesisteve

Apr 22, 2008 (8:58 am)

Replying to: Car_man (Apr 16, 2008 3:41 am)
now that Honda is rumored to up'd the dealer cash to $4,500, does this make leasing even less attractive? I mean, how can you beat $4,500 under invoice with a lease?
 
anyone able to make the lease make sense with these viarables?

Messages Page 31 of 37

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement