Honda Ridgeline Rumored to be Discontinued
First the bad news: It looks like Honda will be discontinuing the Ridgeline at the end of next year due to poor sales. The good news: You can bet incentives will be high in order to get rid of the remaining inventory.
The Ridgeline was first introduced in 2005 and quickly met sales expectations due to its innovative features and low sticker price. But as the years went on, sales took a beating. In its first year, Honda sold over 50,000 Ridgelines. Last year however, they only sold 16,500.
To get the best bang for your buck, you may want to consider waiting until next year. That's when incentives should really be attractive. Right now, you can lease a 2010 Ridgeline for $460 per month for 36 months with $0 down.
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid