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If there is anyone that can help me out please feel free,I need all the help I can get.
Good luck
--jjf
Hello Everyone. Maybe someone out there can help me get the best deal. I live in New York city and I am having a very hard time negotiating with these dealers. From some of the posts I have read, there are consumers out there getting great deals on the 2008 Ridgeline RT. The best I ahve gotten so far is $22,950. I have seen some guys and gals out there siting deals that range in the $21,500 range including all tax and fees.
If there is anyone that can help me out please feel free,I need all the help I can get.
I am in New York. The lowest quote I have received so far is $23,140. That is minus the taxes. With tax Total cost would be around $25,000. Hope to get some help.Please anyone out there,money is scarce and I need a good deal. Any help is appreciated.
Perhaps the best deals I have heard of are $6000-$6500 off msrp and that is in August and September for model clearance. Also get your financing in order as you can leave a lot more than $700 or so on the table here over 3-5 years. Check out the prices paid section on ridgelineowners.
With financing, insurance, gas for a 20 mpg vehicle and such you will have well over $45000 dollars into this over 5 years so only you can decide to expend effort over the next 2 months to get another 300-600 off. If money is that scarce you may have to get a much cheaper vehicle.
Good luck
--jjf
Thanks jjf
I am in New York. The lowest quote I have received so far is $23,140. That is minus the taxes. With tax Total cost would be around $25,000. Hope to get some help.Please anyone out there,money is scarce and I need a good deal. Any help is appreciated.
Perhaps the best deals I have heard of are $6000-$6500 off msrp and that is in August and September for model clearance. Also get your financing in order as you can leave a lot more than $700 or so on the table here over 3-5 years. Check out the prices paid section on ridgelineowners.
With financing, insurance, gas for a 20 mpg vehicle and such you will have well over $45000 dollars into this over 5 years so only you can decide to expend effort over the next 2 months to get another 300-600 off. If money is that scarce you may have to get a much cheaper vehicle.
Good luck
--jjf
Thanks jjf
I am in New York. The lowest quote I have received so far is $23,140. That is minus the taxes. With tax Total cost would be around $25,000. Hope to get some help.Please anyone out there,money is scarce and I need a good deal. Any help is appreciated.
Purchase Price $23,250 + Tax = $25,231 out the door.
This is for a 2008 Ridgeline RT(Base) no extras.
Should I make the deal. :confuse:
Good luck
--jjf
OK Just confirmed again today for the third time.
Purchase Price $23,250 + Tax = $25,231 out the door.
This is for a 2008 Ridgeline RT(Base) no extras.
Should I make the deal.
The truck is also equipped with an auto start. ($21,200 = Tax and fees = $23,230)
Let me know how I did. Your opinions mean alot to be, please be honest.
If you are interested in extended warranty Honda is one of the few nameplates that lets its dealers compete online. The 8yr 120kmi Hondacare at myhondawarranty.com is about 1250. I think it is transferable and refundable if not used. (they can explain it) Its probably worth it as the dealer will usually get 2000 or more in the finance office for this kind of stuff.
Good Luck
--jjf
OK I have finally made a deal. I looked high and low ,finally mad e what I hope is an educated decision. I have found a 2007 Ridgeline RT (New) in the New York Metro Area. One of only about 4 left in a 300 mile radius. That is for an RT. Price paid is $23,230.00 Total Out the door. This is including all taxes,tags fees etc.
The truck is also equipped with an auto start. ($21,200 = Tax and fees = $23,230)
Let me know how I did. Your opinions mean alot to be, please be honest.
Although Honda is pretty quiet about this promotion, you can really save a bunch on a new 2008 Ridgeline..
I just got a 2008 RTX, MSRP of 29,200, for $22,200 - a savings of $7k on the sticker.
This was a brand new vehicle.. not demo, no catches.
Apparently there is a lot of rebate money being given to the dealers at the moment, but they don't want to make a big deal about it..
anyone trying to sell a used Ridgeline purchased a couple years ago however are going have to take a big hit if they want to find a buyer.
I know the economy is bad, but I think Honda didn't price this truck right from the beginning.
anyone trying to sell a used Ridgeline purchased a couple years ago however are going have to take a big hit if they want to find a buyer.
Good luck
--jjf
Good luck
--jjf
Got quoted today a RT for $20,849 and a RTS for $23,067
How much to expect? Only one way to find out how low. Auction time. Request for bids via email to 20-30 dealers within 100-200 miles last week of the month. Let them know you are getting 20-30 bids (Honda website). Many will drop out, more will be nothing to write home about, give the top 3-5 your cell# and work and confirm with sales mgr.. Bid them one against the other in $300 increments. In my area it would be cincinnati, columbus,dayton louisville. All prices otd with tax, all dealer fees and title for your county and state.
Strange things happen the last 3 days with callbacks and such. If you can get a more local guy to come within 500 or so of the best bid 200 mi away that helps. For some reason the guys in the stix like to steal business from zips in the big city and the city guys don't seem to like losing sales to the hillbillys if you can put their back to the wall
Personally, I would want 10k+ off or thereabouts. Or 8k and favorable financing. The average sale of a ridgeline in july or august was about 7000 off msrp the last few years but you would want much more off now. Honda with its low production and price discipline kept the prices pretty high from dealers, even though the sales have been lackluster. Even they will have to buckle this year though I think. Much more unadvertised dealer cash available You don't know till you get the bids mid to end of month.
kbb.com puts a used 07 RTS at about 19k, which is really probably 15-18k. Looking at the prices guys are buying used on ridgelineownersclub.com. Used 07s bought retail for 18-19k (the kbb wholesale price) Tons of people trading suv's and trucks can't get the lowest of nada or kbb trade in price, and some dealers won't take any more lo mpg vehicles at even an unreasonable price. In a market like this perhaps even 10k off isn't enough.
A search within 30 miles of me shows about 350 ford escapes, perhaps 1000 within 100mi? Every bid I got on a new 22k 08 the last month was about 3700 off msrp. The 07 trade in price is 10000 off msrp, and the books may be high. Somethings got to give.
There should be a shooting gallery for these vehicles end of july and august.
Good luck
jjf - how much more could I expect those prices to drop? I kinda feel as if those prices are floor prices, but when you said they are average prices, it makes me wonder how much more they could drop
jfritsch is dead on when telling you what you can do on a new truck in this market.
The key though is to put in the effort by canvassing as many dealers as you possibly can and do it near the end of the month.
It takes effort and determination, but it's well worth it. imo
you're going to have alot of dealers tell you to call them so they can sell to you and tell you their "best" price. You've got to hold your ground and show them you mean business.
Get some rates for some online sources, your bank or credit union for a loan if you are financing. Put your efforts into getting the last 2 guys end of month to drop 1000 or 2000 and/or add 3.9% honda financing.
You can leave 1500-3000 or more on the table over 4-5 years on financing, another 1000-2000+ easily by not getting enough competitive bids so don't get too caught up on $50 in fees here and there, or spending 2 hours "haggling" some free oil changes or upgraded floor mats.
Good luck
--jjf
jjf - do you know what the current doc fee (title, license, etc) price is in Ohio? I remember a couple of years ago when I purchased a new vehicle it was just a flat $150 that all dealerships would charge. So back then I could basically get the price of the car, tax rate, and add the $150 to determine the true OTD cost.
Brad :shades:
Here's hoping Honda comes off of some more cash. I'd buy an '08 Ridgeline for $10,000 off MSRP.
you've come to the right place.
just scroll back a few posts - it's all here
This is new ground for Honda, having a huge supply of a vehicle and low demand. Since in better shape financially than most other car makers, maybe they can afford to meter this supply out at currrent discounts & sell rate until year end or beyond.
While I dug the Ridge and capability/features, bought a used '08 2 dr Jeep Sahara on Sat - not looking back. Would've been happy with either vehicle, the Jeep just pushed my buttons a little more this time around.
Just remember, when at a dealer, it's you against the dealer. They have a knack for making the worst deal sound good. Keep it on the phone & net and it's the dealers against one another - evaluate at your leisure.
Happy hunting, month end makes dealers do strange things - hit them hard!
I like the point of making it dealer vs. dealer, not the dealer vs. you.
takes some discipline and strategy, but very doable at the end of the month.
When I was haggling over a Ridgeline last year this time, I had dealers starting out at one price 2 days before the end of the month and by the last day they were duking it out for my business. My cell phone wouldn't stop ringing even while sitting at a dealer in his office. I've never seen paper work get done so fast - they were worried I was going to answer my phone and tell them they were going to have to match a lower offer. These guys didn't play any games with me knowing I had contacted several dealers near my zip code.
Good luck
--jjf
WOW - talk about setting an unrealistic expectation. Do you think there is a dealer in the world willing to take and actual $2000.00 - $3000.00 or greater loss to sell someone a car? Thats not to say that there aren't dealers out there willing to loss $250 - $500 real dollars, but $2000 - $3000 to sell a car? From a business standpoint, that makes ZERO sense.
I'm talking real world dollars here:
2008 Ridgeline RTX
$29135.00 MSRP
$26449.00 Dealer Invoice
-$855.00 Dealer hold back (2% HTB + 1% fixed cost adjustment)
-$4500.00 NON-sub vented dealer cash
=$21094.00 ACTUAL DEALER INVESTMENT. Which is $8041.00 off of the MSRP.
If you take the sub vented rate then adjust the selling price to $23404.00 which is actual dealer investment. That is still $6541.00 off the MSRP.
I understand advocating fantastic prices for consumers -- but lets keep expectations equal to reasonable value.
you're getting some half truths from the dealer.
Yes, '08 inventory is probably already delivered for the year, but to think they might run out anytime soon of what's in stock would be false.
jfrtish prices might be the extreem - I don't want to say what's possible since I'm not the one out there buying. My guess is invoice - the $4,500 plus some or all of the dealer hold back depending upon how specific you are with the color and options.
I have never been able to get both the low apr and all the cash incentives at the same time - but some people say they have - who knows if they sacrificed on the actual cost of the vehicle.
Many are purchasing Ridgelines from dealers used for under kbb *trade in* (not dealer retail) price. A year or so ago a 1 yr old Pilot or RL could be traded for around 10k less than original msrp. You may be lucky now to trade for 14k off msrp. The Ridgeline usually sold in july-august for 6000 off msrp. (a bit more for the higher trims) 10k off now with the market miserable is not unreasonable.
Your target should be around 8k off plus good financing or close to 10k or more."
WOW - talk about setting an unrealistic expectation. Do you think there is a dealer in the world willing to take and actual $2000.00 - $3000.00 or greater loss to sell someone a car? Thats not to say that there aren't dealers out there willing to loss $250 - $500 real dollars, but $2000 - $3000 to sell a car? From a business standpoint, that makes ZERO sense.
I'm talking real world dollars here:
2008 Ridgeline RTX
$29135.00 MSRP
$26449.00 Dealer Invoice
-$855.00 Dealer hold back (2% HTB + 1% fixed cost adjustment)
-$4500.00 NON-sub vented dealer cash
=$21094.00 ACTUAL DEALER INVESTMENT. Which is $8041.00 off of the MSRP.
If you take the sub vented rate then adjust the selling price to $23404.00 which is actual dealer investment. That is still $6541.00 off the MSRP.
I understand advocating fantastic prices for consumers -- but lets keep expectations equal to reasonable value.
Dont listen to other people, you can not get $10000 off the MSRP. If you hold out for that kinda pricing, you'll be a forever shopper, never a buyer.
If they don't sell you a Ridgeline RTX for $22K plus TT&L -- they're a fool. For the record our dealership is selling the Ridgeline RTX $22150.00 plus TT&L.
Dont listen to other people, you can not get $10000 off the MSRP. If you hold out for that kinda pricing, you'll be a forever shopper, never a buyer.
The proof is in the pudding -- be prepared to put your money where your mouth is. Here is a challenge for you, the expert: Get a verifiable quote from ANY dealer in the United States for $10k off the MSPR + the low rate APR option. Email me the dealer name so I too, using my email can get the same quote. It must also be verified with a phone call to the person who sent you the quote. If it's true and verified, I will buy the Ridgeline on the spot.
I'll be waiting...
The truth is you're going to say, "I don't have to prove it" but you the expert knows it can be done. Not only will you not provide proof but you'll also try to disparage me for calling on to the wool.
There's a great deal of mistrust between buyer and seller here. I think coming to a price for real estate is easier than it is for an auto.
I can't think of another purchase that causes more haggling that a new car purchase.
...
"I can't think of another purchase that causes more haggling that a new car purchase."
Which is the reason boards like this exist. In todays day and age all of the information is out there. There are several free resources available 24/7 on the internet that helps to cut through all of the B.S. These resources help the consumer confirm not only an actual dealer cost but also help to confirm if the buyer is getting a good deal, or if they should just walk away.
The downside, is when a consumer see's a price on a pricing board that is impossible to attain, which in the long run makes the whole purchase upsetting and more troublesome then it should be.
I have delt with more then one reader of this very board who says something along the line of, 'I saw there was a guy in Carmel, CA. who posted that he bought this same Honda for $XXXXXX so I expect the same price.' Meanwhile, that consumer forgets to mention that 30 other people on this board post a price paid much higher then this one poster who may or may not have actually paid the low price he said he did. As a dealer, it's no fun to tell someone NO. Afterall, we get paid when we sell cars and were it up to us, we would sell EVERYONE a car.
Just my .02