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Honda Ridgeline Prices Paid and Buying Experience

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Comments

  • 5553543255535432 Posts: 150
    Bobber 123,

    Here is how I look at it. Every vehicle I leased, I could buy at the end of the term lower then the residual. They would rather sell you the car a little cheaper then play the auction game.

    ---

    Glad to hear that some people see the wisdom of leasing too.I do agree though that leasing has its inherent disadvantages. Bobber123, I'm gonna bet you that the Honda delear will sell you that leased vehicle lower than the residual rather than gamble on getting more money by playing the auction game which they may loose if the car sits on the lot long and the new IMPROVED, perhaps hybrid RIDGELINES come out.

    For some people who dismiss the gas issue. Try imagining just 5 years ( not 10)of truck ownership and a dollar increase per year on gas.$ 2.00 for year 05, 3 for year 06 and $7.00 by the year 2010.Lets say 12,000 miles / year divided by 18 mpg = 666.6 gallons x $7.00/gallon = $ 4,666 / year, your out of your pocket cost to let your V6 trucks run. If you think $4,666 is overblown try, a modest estimate by dividing it in 2 thats still $2,333 year.

    How about if you drive 15,000 miles/year thats gonna cost you $5,833 (high end estimate, $2916 low ball figuer. Fat chance you can sell your trucks at predicted residuals with gas at $7.00 gallon even if it's a Ridgeline or Tacoma.Truck ownership is still affordable now but for how long. Hope you have taken to heart the cost of ownership of trucks 5 years down the road.Hope you have contingency plans if you didn't lease on how to make the most in resale of a $30,000 truck if gas prices would indeed hit the roof, and most people are buying gas thrifty cars.

    Anyways congratulations to truck owners who got their Ridgelines below MSRP.Can't believe that price changes are already taking place and it's been only the 20th day since the Ridgeline debuted. Come the last days of spring and more gas price hikes these babies prices will come down even more.So folks wait a month or two, imagine what you can do with $2,000-$3000 in your pocket.
  • boxskyboxsky Posts: 7
    In my area almost all Honda's are selling near MSRP. Odyessy, Pilots, Ridgelines. You can get deals on the CRV about 1000 and the Accords, Civis are up for grabs.
    So MSRP here is not bad for a vechicle in demand. You want a top rated manufactor and model you'll have to pay. Look at the van it's been out for years and here they are hard to find and haven't seen anyone get a deal.
    I bought the Ridgeline @ MSRP and it's been 2 weeks and 1100 miles and have been very happy. I would never pay over MSRP and on ebay people are. I would wait first or go out of state.
  • boxskyboxsky Posts: 7
    I'd like to see the paperwork. Frankly I think you are lying. What dealer would discount a new model 20 days out when out there people are paying MSRP over. Even in Detroit I don't see it. I know that employees of Honda are not able to get a Ridgeline unless they pay MSRP. So I doubt you could.
  • gearhead1gearhead1 Posts: 408
    Yes, 1,500 under MSRP on this new vehicle seems a little doubtful. How long was it on the lot? My dealer here sold 5 in the first week. I didn't even try to dicker and paid MSRP.

    Of course I paid Invoice years ago on a hot Toyota simply because one dealer hated the ohter dealer and wanted to take the sale from him. sales is all psychology. Sometimes It's more satisfying to screw somebody than make money.
  • bamacarbamacar Posts: 749
    Wow, where are you? In Atlanta, you can get Pilots at 700 under INVOICE, Odysseys 1000-1500 under MSRP, and CRVs 300 under INVOICE. I think the Ridgeline will be at 1000 over invoice by Fall and at invoice by next year at this time.

    Frontiers can be had at invoice and Tacomas 500-1000 over invoice and they just came out also.
  • 5553543255535432 Posts: 150
    Hi Bamacar,

    First of all my apologies to our Host, sorry I forgot that their should be no contact info. in the post.

    To people who doubted that the prices of Ridgelines are shooting down let me show you this edited add.

    Landmark Honda
    Alexandria, Virginia

    $2,000 Off All In Stock 2005 Odyssey's

    2005 Pilot's Starting at: $27,550.00 NOW $23,999.00

    2006 Ridgeline's Starting at: $27,700.00 NOW $26,700.00

    Within 21 days, the Ridgelines price plummet to $ 1000 less.Maybe a bait and switch tactic but a sure sign of good times to come for truck enthusiast.With the alledge gas price increase of 30-50 cents this spring those prices are gonna go down some more, so wait just a little bit, $3000 in savings aint pocket change, kind of free gas for a year and a half. For folks with lots of dough go to your truck delears asap and debulk your fat wallets.

    Have a good day patient folks, $3000 in savings is $3000 divided $2.5/gallon (now)=1200 gallons x 18 mpg= Gasoline free 21,000 miles.
  • boxskyboxsky Posts: 7
    I'm in Eastern PA. At 2 dealers they had no Pilots in stock and the ones coming in were not my choice of color or package. The Ridgelines were there 3 in stock and one was being used my the GM. 3 sold but all were on order because of color or package. They had the one I wanted anyway so I bought it.
    It's very hard to get a Honda at invoice in this area. Ford, Chevy, GM they give away and Nissan has fallen lately so they are up for grabs. Toyota will deal. Hondas for some reason here don't make the deals.
    People lie when it comes to how mcuh something cost. If we were talking about their wife's wedding ring they'd be sing the song it cost 20k but the Ridgeline only cost them 15K. :)
  • kyfdx%40Edmundskyfdx%40Edmunds Posts: 25,872
    All people that say they paid less than you are liars?

    Thanks for your input....

    Moderator - Prices Paid, Lease Questions, SUVs

  • aspesisteveaspesisteve Posts: 833
    all in stock - says the add in my local San Jose paper.

    IMO this niche vehicle will not be a big seller for Honda. Knocking off $1,000 off MSRP this early in the ball game is a sign of what's to come -
  • SylviaSylvia Posts: 1,636
    Were moved to the main Honda Ridgeline discussion so we can keep this one strictly about Prices Paid & Buying Experiences.

    Thanks!
  • 5553543255535432 Posts: 150
    Hey gals and guys, check this out, its from a dealer who placed an add for Ridgelines at $1000 under msrp a week ago, its now $1500 in just a weeks time.Per computation of MD gas prices of $ 2.10, discount of $ 1,500 can get me 12,142 free miles.Free gas for one whole year aint bad.So Virginia folks check it out, as for me I would stick with my plan of waiting a few more months, who knows patience may save me not just $1500 but $3000.

    Landmark Honda

    Alexandria, Virginia

    GAS PRICES TOO HIGH?
    Visit

    LANDMARK HONDA

    This Week-End, Take a Test Drive
    and Receive a Free Tank of Gas!!

    The First 50 People on Friday, Saturday, Sunday and
    Monday Are Eligible**

    See Why We Kick Down The Competition!!

    (6) Ridgeline's In Stock At........... $1,500.00 Off MSRP!*

    Savings Everywhere, So Take Some Time and Visit Us.
    APR as Low as 1.9%.

    Landmark Honda
    Alexandria, Virginia
  • once_for_allonce_for_all Posts: 1,640
    that is good news. But, they may have loaded it up with roof rails, running boards, etc. etc and have tacked on $2500 in dealer add ons.

    I get a bit cynical about advertisements, the dealers generally have a LOT of fine print costs to make the deal profitable for them. I don't have a problem with people making money. Let's hear from someone that actually bought one for $1500 under MSRP.

    John
  • bpmpazbpmpaz Posts: 1
    Ride On,
    I got my red rt/l with sunroof on 3/23. I still want to yell at stupid drivers!
    Wow~ Lots of comps, lookers, and Toyota drivers who want to race. This vehicle is so nice
    I am going to take forever to get to the 4WD part.
    >>>>>>but I will!!!
    32640 plus tax, reg., and 1800 for the warr.
  • blue5blue5 Posts: 5
    where did you see this ad? At what dealership? I would like to notify the Ridgeline owners Club.

    I bought mine 2 weeks ago at MSRP and thought it was a good deal.
  • I used the internet department at Jim White Honda in Maumee, OH and got $1200 off MSRP with no trouble. They had a limited supply but he told me that the price was good on any of them instock and on order. I thought he would try to jack me on the mud guards that were added to all of them but he just threw them in. I tried the same dealer a couple of weeks ago but I didn't use the Internet department first and got the run around from the saleman and no discount. I bought on Tuesday, red RTL.
  • 5553543255535432 Posts: 150
    Congrats on your new truck,

    A lil patience that pay off $1200, not bad at all.Any reactions from those who bought at MSRP?

    Ridgeline deals are getting better everyday.My outrageous but very possible prediction; $2000 under msrp before March ends. I could be wrong, $2500 maybe?

    P.S.

    A co-worker got his blue metallic RTS from the Virginia delear $1500 under msrp.They do try to jack up the price of the options such that he only added wheelocks/mudguards and will get the options elsewhere.Patience is indeed not only a virtue but saves you a whole lot of dough.
  • gearhead1gearhead1 Posts: 408
    "Any reactions from those who bought at MSRP?"

    When your spending 33,000 saving 1 to 2000 dollars is hardly significant, at least to me. I paid cash. I saved thousands on interest. They're moving them off the lot as fast as they get them in. There is no discount now in my area. I got the the color and package I wanted, and I'm driving it NOW.
  • mikefm58mikefm58 Posts: 2,882
    " Any reactions from those who bought at MSRP? "

    It's difficult to compare prices paid when in one location, there's competition and Honda dealers are discounting, and in another location cross country those same vehicles sell like hot cakes so dealers aren't discounting them. Just because someone in Orlando for example paid MSRP and someone in Detriot paid $1500, less doesn't mean either one wasn't a good deal.

    Also, the entire terms of the purchase isn't being posted. They may have taken a killing on their trade or paid some extra dealer fees.
  • 5553543255535432 Posts: 150
    Wow, you must be loaded.

    I wonder how many people who bought their Ridgelines paid cash too and saved on interest. One in ten or is it one in a hundred.Any other forum members here who think $1000-$2000 is loose change? Whoever you are I envy you coz it takes me around 31.5 hours of hard hardwork to get paid $1000 bucks (gross).To future Ridgeline owners, pls ask yourself how many hours of hardwork does it take you to get you to at least $1000? How about $2000, maybe $3000? If its only a days work, then aint worth waiting for the prices to come down.
  • 5553543255535432 Posts: 150
    When I got my 2003 Honda Pilot, I drove 150 (Ocean City MD) miles x 2 = 300 miles to get a deal $ 600 cheaper than the nearest competetion in MD. For a $3000 price difference I would drive from Orlando to Detroit, or fly then drive back home. I guess my expenses on hotel, gas and time wouldn't breached the $1000 mark.I know not everyone would agree that this cost cutting measure is worth it, but for folks who know the value of money this is a practical move.Or if I hate long drives which I don't I'll just wait for prices to drop as gas prices soar.
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