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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

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


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#325 of 353
Re: Money factors and residuals Carman? [kyfdx] by aspesisteve
Jun 09, 2008 (8:20 am)
Reply

Replying to: kyfdx (Jun 07, 2008 3:51 am)

the only reason hkings is able to get 22 or 23k for his Nissan is due to all the modificaitons he has done to it. With that said it's difficult to know what he has into it. I would guess he's still taking a big hit in depreciation due to the state of used truck sales.
 
It's easy to be lured by that new car smell, but buyer remorse can set in before your first oil change. If you have a good running truck in a similar class as the Ridgeline and you're tight on finances, I'd advise you to keep driving what you have.
#326 of 353
Is this lease a good deal? by mleo
Jul 14, 2008 (8:35 am)
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My local Honda dealer has a deal for a lease on a 2008 Ridgline RTS for $199 a month and $1,000 down for 36 months. Not sure about mileage allowance, probably 10,000 or 12,500. They also have the RTL for $249 a month $1,000 down for 36 months.
 
What do you think?
#327 of 353
Re: Is this lease a good deal? [mleo] by pcantore
Jul 15, 2008 (5:45 pm)
Reply

Replying to: mleo (Jul 14, 2008 8:35 am)

There may be a catch hidden somewhere, since the selling price looks too aggressive (5K below invoice) for the RTS. Or, this RL has been sitting in stock for the longest.
 
I would rather have the dealer quote the RTS with 0 down, then to pay any money upfront. And, ask for more details.
 
Drive safe,
#328 of 353
Re: Is this lease a good deal? [pcantore] by cuppy1
Jul 17, 2008 (11:16 am)
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Replying to: pcantore (Jul 15, 2008 5:45 pm)

I just leased a RTS for $214 mo total with taxes for 36mo with $1000 out of pocket. Great deal I thought.
#329 of 353
RTS Lease - Cuppy1 by hkings
Jul 17, 2008 (11:25 am)
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Hey Cuppy.... sounds like a great deal! $214 includes taxes every month? How many miles per year do you get? Where do you live? WHat dealer? Did you get any quotes on RTL's?
 
All info is truly appreciated!
#330 of 353
Re: RTS Lease - Cuppy1 [hkings] by cuppy1
Jul 18, 2008 (5:46 am)
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Replying to: hkings (Jul 17, 2008 11:25 am)

Yep, taxes included. I've been leasing cars since 1998 and this is by far the best lease deal I've ever seen. I was actually looking at the RT that was advertised for $239/mo plus tax with $1999. due at signing and I couldn't believe it when they said they had a special on the RTS for $199. I live in PA and the dealer is Bobby Rahal Honda in Mechanicsburg PA. It's 12,000 miles a year. I tried to get 10,000 miles because I don't drive much but they could only do12.
#331 of 353
Re: RTS Lease - Cuppy1 [cuppy1] by sparkland
Jul 18, 2008 (4:27 pm)
Reply

Replying to: cuppy1 (Jul 18, 2008 5:46 am)

Cuppy1 - are you the "candyman" on the ROC forum? The deals sound so similar. Hope others get a deal like you found.
 
Brad
#332 of 353
Re: RTS Lease - Cuppy1 [sparkland] by cuppy1
Jul 19, 2008 (5:19 am)
Reply

Replying to: sparkland (Jul 18, 2008 4:27 pm)

Yep, thats me.
#333 of 353
Re: RTS Lease - Cuppy1 [cuppy1] by campbellt3
Jul 19, 2008 (2:21 pm)
Reply

Replying to: cuppy1 (Jul 18, 2008 5:46 am)

what were the details on this lease? cap cost? adjusted cap cost? resid value? money factor? im working a 36 month lease on an rtx with 12k at 1500 down and 268 with tax i thought that was good but iwas wonder the details of your

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