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Honda Ridgeline Owners Reviewshonda, hidgeline, reviews, forums, accessories, truck, test, drive
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Hondaguy
Joined: 31 Jul 2006
Posts: 1
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| Posted: Mon Jul 31, 2006 9:08 pm Post subject: Anyone have a residual value on an RT 48 m0 lease? |
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Hi all, new here. I was googling looking for the residual price on an RT 48 mo lease as there is a discrepancy between my leasewizard software and the dealer's quoted residual.
Leasewizard puts the rv at 49.971% (14116.84) and the dealer says 46% (12995) even numbers always seem made up to me, does anyone have a 48 mo lease on this model?
Also while I'm asking has anyone gotten a better money factor than .002850 (6.84% apr) on a 48 mo recently (since the fed raised the rate)?
Fwiw, Honda is definitely trying to move the '06 RT's out...they are offering it at $23,572 |
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Waterbug
Joined: 02 Oct 2005
Posts: 348
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| Posted: Tue Aug 01, 2006 6:03 am Post subject: Re: Anyone have a residual value on an RT 48 m0 lease? |
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| You might want to look at odd interval leases. By that I mean 42 months. A 48 month lease has you returning it just as the 2011 come out. Honda would rather have it back mid-year when it has the appearance of being a year newer. It made quite a difference when I leased mine. |
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