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2017 Honda Ridgeline Lease

jerseymackyjerseymacky Member Posts: 3
edited August 2016 in Honda
Are there any known lease deals on the Ridgeline yet? I know its a new model and so info online seems to be lacking.

What can I expect to pay for an RTL-T / 12k / 39mo in NJ?
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    kyfdxkyfdx Moderator Posts: 237,185
    jerseymacky said:

    Are there any known lease deals on the Ridgeline yet? I know its a new model and so info online seems to be lacking.

    What can I expect to pay for an RTL-T / 12k / 39mo in NJ?

    .00175 MF and 64% residual, assuming AWD, for 39/12.

    No idea what you will pay, though. My guess is that it won't be cheap, as least for a while.

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    jerseymackyjerseymacky Member Posts: 3
    I've been quoted the following for an RTL-T model (incl taxes and fees).

    Amount Due: $42,891.72
    Down Payment: $4000.
    39 months at: $490
    Annual Miles: 12k
    Residual: $24,723.20

    It's more money than I wanted to spend but I do love the vehicle...
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    MichaellMichaell Moderator Posts: 241,316
    jerseymacky said:

    I've been quoted the following for an RTL-T model (incl taxes and fees).

    Amount Due: $42,891.72
    Down Payment: $4000.
    39 months at: $490
    Annual Miles: 12k
    Residual: $24,723.20

    It's more money than I wanted to spend but I do love the vehicle...

    What is the MSRP?

    What does the $4000 up front cover?

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    jerseymackyjerseymacky Member Posts: 3
    MSRP is $39,225.00 before tax. $4000 up front is the down payment on the lease.

    They've added "Etch - $199.50", " DMV Fees - $408.50" and "Doc Fee - $299.00" and NJ Sales Tax adds $2,759.72 making $42,891.72 total.
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    MichaellMichaell Moderator Posts: 241,316
    jerseymacky said:

    MSRP is $39,225.00 before tax. $4000 up front is the down payment on the lease.

    They've added "Etch - $199.50", " DMV Fees - $408.50" and "Doc Fee - $299.00" and NJ Sales Tax adds $2,759.72 making $42,891.72 total.

    The tax amount is wrong - that is for a purchase. NJ taxes the sum of the lease payments only.

    Ask the dealer for the "adjusted cap cost" - this will help us figure out the payment.

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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