Hi Hackers. My lease is up Mid July. I am seeing great incentives through the end of April on the Ridgeline, which is what I am wanting to lease once my current Ridgeline lease was up. I will have to pay approx $1500 in early termination fees, however with the incentives I’m tempted to strike now. I haven’t been watching historically on lease incentives for the Ridgline and was wondering if this is atypical or if Honda has been offering them consistently.
Here’s my current deal which I think is pretty fair given the market and my research:
Would appreciate any feedback or insight regarding timing and the deal itself.
TIA
It’s a solid deal for a ridgeline
Depending on the time of the year they can generally be found sub $500/mo. But this is pretty good considering it’s a higher sticker and not just an RTL
2 Likes
FWIW, the resid on a Honda Ridgeline 27 month lease is a bit better than 24 months. You can save $8 a month if you switch to 27 months.
The reason is the delta is only 1% resid for those 25-27 months instead of the 2% each for the next 2 quarters of value. Even a 36 month lease won’t be as cheap as a 27 month on the Ridgeline.
Otherwise it’s a great deal on a car (with 12k per annum miles!) that most would feel is unhackable.
1 Like
I concur. Nice deal.
-Guy that signed on an RTL at a similar monthly
