2020 Honda Odyssey Lease Deals and Prices

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  • dspiegsdspiegs Member Posts: 1
    Hi - zip 07641, looking at $0 down lease offers for an Odyssey EX-L with 10,000 miles per year. $499/month is currently the lowest price i've been given, trying to figure out if that's a good deal or if i should be able to push for lower? Thanks
  • MichaellMichaell ColoradoModerator Posts: 190,164
    dspiegs said:

    Hi - zip 07641, looking at $0 down lease offers for an Odyssey EX-L with 10,000 miles per year. $499/month is currently the lowest price i've been given, trying to figure out if that's a good deal or if i should be able to push for lower? Thanks

    .00112 and 59%
    $750 incentive

    Would need to know the MSRP, Selling Price, Adjusted cap cost and total amount due at signing to evaluate the quotes you've received.

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  • iupui1299iupui1299 Member Posts: 7
    Could I have money factor and residual Odyssey EX-L 36/12k? 46239 zip code. Thank you!
  • kyfdxkyfdx Moderator Posts: 194,466
    iupui1299 said:

    Could I have money factor and residual Odyssey EX-L 36/12k? 46239 zip code. Thank you!

    .00112 and 58%
    $750 incentive

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  • shpatel11shpatel11 Member Posts: 14
    Hi, can I get the MF, residual and incentives for a Touring and Elite for 36/12 in 94025. Thank you!
  • MichaellMichaell ColoradoModerator Posts: 190,164
    shpatel11 said:

    Hi, can I get the MF, residual and incentives for a Touring and Elite for 36/12 in 94025. Thank you!

    .00112 and 59% / 56% for Touring / Elite
    $750 lease incentive

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  • Norman25Norman25 Member Posts: 1
    Hello:

    Can you please provide the MF, residual and incentives for an Odyssey EX-L 36/12k? zip code is 67207. I'm assuming it's 0.00112, 58%, and $750 incentive based on prior posts, but unsure how much of an influence differing zip codes create.

    Also at what point in the month do these numbers change?

    Thanks.
  • MichaellMichaell ColoradoModerator Posts: 190,164
    Norman25 said:

    Hello:

    Can you please provide the MF, residual and incentives for an Odyssey EX-L 36/12k? zip code is 67207. I'm assuming it's 0.00112, 58%, and $750 incentive based on prior posts, but unsure how much of an influence differing zip codes create.

    Also at what point in the month do these numbers change?

    Thanks.

    The Odyssey numbers are national, this month, so what you've shared is correct.

    Honda programs run through 7/31, but I wouldn't be surprised to see them extended through 8/3.

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  • kyfdxkyfdx Moderator Posts: 194,466
    Norman25 said:

    Hello:

    Can you please provide the MF, residual and incentives for an Odyssey EX-L 36/12k? zip code is 67207. I'm assuming it's 0.00112, 58%, and $750 incentive based on prior posts, but unsure how much of an influence differing zip codes create.

    Also at what point in the month do these numbers change?

    Thanks.

    Actually, Honda programs are scheduled to run through 08/31.

    While they could always update them, it is unlikely

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  • PherPher Member Posts: 6
    2020 EX-L Navi and RES
    MF and residual
    Any incentives
    44077
  • MichaellMichaell ColoradoModerator Posts: 190,164
    Pher said:

    2020 EX-L Navi and RES
    MF and residual
    Any incentives
    44077

    36/15
    .00112 and 55%
    $750 incentive

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  • PherPher Member Posts: 6
    Michaell said:

    Pher said:

    2020 EX-L Navi and RES
    MF and residual
    Any incentives
    44077

    36/15
    .00112 and 55%
    $750 incentive
    Thank you. Would this apply to 36/12 as well?
  • MichaellMichaell ColoradoModerator Posts: 190,164
    Pher said:

    Michaell said:

    Pher said:

    2020 EX-L Navi and RES
    MF and residual
    Any incentives
    44077

    36/15
    .00112 and 55%
    $750 incentive
    Thank you. Would this apply to 36/12 as well?
    57% residual

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  • zunairsharifzunairsharif NYCMember Posts: 121
    Hi can i get mf rv and lease cash for odyssey lx fwd 12k/36 and 12k/48 zip 11001
  • kyfdxkyfdx Moderator Posts: 194,466

    Hi can i get mf rv and lease cash for odyssey lx fwd 12k/36 and 12k/48 zip 11001

    36/12
    .00112 MF and 56% residual
    $750 incentive

    Longer terms have no support.

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  • mikesmassmikesmass Member Posts: 82
    Hi,
    may i please get rv mf and incentives for a 2020 honda odyssey touring 36/12 11223zip and loyalty also if any.
    thanks so much in advance
  • kyfdxkyfdx Moderator Posts: 194,466
    mikesmass said:

    Hi,
    may i please get rv mf and incentives for a 2020 honda odyssey touring 36/12 11223zip and loyalty also if any.
    thanks so much in advance

    .00112 MF and 58% residual
    $750 incentive
    $1000 loyalty

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  • MommyBMommyB Honolulu, HIMember Posts: 3
    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles
  • kyfdxkyfdx Moderator Posts: 194,466
    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    .00112 MF and 58% residual
    $750 incentive

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  • MommyBMommyB Honolulu, HIMember Posts: 3
    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles
    kyfdx said:

    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    .00112 MF and 58% residual
    $750 incentive
    What is the $750 incentive?
  • kyfdxkyfdx Moderator Posts: 194,466
    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    kyfdx said:

    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    .00112 MF and 58% residual
    $750 incentive
    What is the $750 incentive?
    Honda to dealer incentive

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  • MommyBMommyB Honolulu, HIMember Posts: 3
    kyfdx said:

    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    kyfdx said:

    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    .00112 MF and 58% residual
    $750 incentive
    What is the $750 incentive?
    Honda to dealer incentive
    kyfdx said:

    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    kyfdx said:

    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    .00112 MF and 58% residual
    $750 incentive
    What is the $750 incentive?
    Honda to dealer incentive
    kyfdx said:

    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    kyfdx said:

    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    .00112 MF and 58% residual
    $750 incentive
    What is the $750 incentive?
    Honda to dealer incentive
    Is there a rebate or offer from Costco for this car? I looked online and said there was one that ended July 6. But I am not sure if being a Costco member can qualify me for anything.
  • kyfdxkyfdx Moderator Posts: 194,466
    MommyB said:

    kyfdx said:

    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    kyfdx said:

    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    .00112 MF and 58% residual
    $750 incentive
    What is the $750 incentive?
    Honda to dealer incentive
    kyfdx said:

    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    kyfdx said:

    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    .00112 MF and 58% residual
    $750 incentive
    What is the $750 incentive?
    Honda to dealer incentive
    kyfdx said:

    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    kyfdx said:

    MommyB said:

    Looking for RV and MF:
    - Zip 96707 - Oahu, HI
    - 2020 Odyssey EX-L
    - 3 years 36k miles

    .00112 MF and 58% residual
    $750 incentive
    What is the $750 incentive?
    Honda to dealer incentive
    Is there a rebate or offer from Costco for this car? I looked online and said there was one that ended July 6. But I am not sure if being a Costco member can qualify me for anything.
    We have no info on Costco programs

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  • chad75chad75 Member Posts: 73
    Could I get the MF and residual for the Odyssey EX-L Nav/RES, 15k mi/year, ZIP 30519; and also any incentives in this area. Thank you!
  • MichaellMichaell ColoradoModerator Posts: 190,164
    chad75 said:

    Could I get the MF and residual for the Odyssey EX-L Nav/RES, 15k mi/year, ZIP 30519; and also any incentives in this area. Thank you!

    36/15
    .00112 and 55%
    $750 incentive

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  • chad75chad75 Member Posts: 73
    Michaell said:

    chad75 said:

    Could I get the MF and residual for the Odyssey EX-L Nav/RES, 15k mi/year, ZIP 30519; and also any incentives in this area. Thank you!

    36/15
    .00112 and 55%
    $750 incentive
    Thank you!!
  • techodytechody Member Posts: 18
    Looking for 2021 Honda Odyssey Touring 36mo/12k and 15k lease rates for zip 22202. Thank you
  • kyfdxkyfdx Moderator Posts: 194,466
    techody said:

    Looking for 2021 Honda Odyssey Touring 36mo/12k and 15k lease rates for zip 22202. Thank you

    Please post in our new 2021 model discussion, here:
    https://forums.edmunds.com/discussion/62410/honda/odyssey/2021-honda-odyssey-lease-deals-and-prices/p1?new=1

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  • harryb92harryb92 Member Posts: 4
    Looking for 2020 Odyssey Elite 12k/36m for 95391. Thanks
  • MichaellMichaell ColoradoModerator Posts: 190,164
    harryb92 said:

    Looking for 2020 Odyssey Elite 12k/36m for 95391. Thanks

    .00112 and 55%
    $750 incentive

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  • ElincaElinca Member Posts: 3
    Looking for 2020 odyssey elite and touring 12k/36m for 76110. Thanks
  • MichaellMichaell ColoradoModerator Posts: 190,164
    Elinca said:

    Looking for 2020 odyssey elite and touring 12k/36m for 76110. Thanks

    .00112 and 58% / 55% for Touring / Elite
    $750 incentive

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  • Kiki1224Kiki1224 94560Member Posts: 18
    Hello. Would like to know 2020 EX-L MF and RV for 36/12k and any incentive recently in zip 94560.

    many thanks
  • MichaellMichaell ColoradoModerator Posts: 190,164
    Kiki1224 said:

    Hello. Would like to know 2020 EX-L MF and RV for 36/12k and any incentive recently in zip 94560.

    many thanks

    .00112 and 58%
    $750 incentives

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  • EricI808EricI808 96825Member Posts: 3
    Hi,
    Looking at 2020 EX-L MF and RV for 36/12 and any incentives in 96819.

    Thanks
  • kyfdxkyfdx Moderator Posts: 194,466
    EricI808 said:

    Hi,
    Looking at 2020 EX-L MF and RV for 36/12 and any incentives in 96819.

    Thanks

    .00112 and 58%
    $750 incentives

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  • EricI808EricI808 96825Member Posts: 3
    Just making sure, this info is for Honda Financial Services? Sorry new to this.

    Thanks!
  • kyfdxkyfdx Moderator Posts: 194,466
    EricI808 said:

    Just making sure, this info is for Honda Financial Services? Sorry new to this.

    Thanks!

    Yes

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  • RamathornRamathorn Member Posts: 5
    I have a question about the $750 incentive. Does the dealer have to give this to you and how is it applied on a lease in Texas 76110? Thanks
  • KvenusKvenus Member Posts: 12
    Hi,
    Can I please get the MF and RV for 2020 Odyssey EX-L 36/12k and 36/15k? Any Incentives? Zipcode 90650. Thank you!
  • kyfdxkyfdx Moderator Posts: 194,466
    Ramathorn said:

    I have a question about the $750 incentive. Does the dealer have to give this to you and how is it applied on a lease in Texas 76110? Thanks

    It is a Honda to dealer incentive. It will be reflected in any discount they choose to offer.

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  • kyfdxkyfdx Moderator Posts: 194,466
    Kvenus said:

    Hi,
    Can I please get the MF and RV for 2020 Odyssey EX-L 36/12k and 36/15k? Any Incentives? Zipcode 90650. Thank you!

    36/15
    .00112 MF and 56% residual
    $750 incentive

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  • RamathornRamathorn Member Posts: 5
    Does Honda Financial charge an acquisition Fee for lease in Texas and if so how much? It is odd when I have been shopping some dealers charge this other do not.
  • MichaellMichaell ColoradoModerator Posts: 190,164
    Ramathorn said:

    Does Honda Financial charge an acquisition Fee for lease in Texas and if so how much? It is odd when I have been shopping some dealers charge this other do not.

    Acquisition fee is $595, nationally.

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  • crv_ohiocrv_ohio Member Posts: 13
    Hello, I was hoping you could take a look at a proposed deal and let me know your opinion of it:

    2020 Odyssey EXL RES NAV, 36/12, .00112:

    MSRP 41,280
    Selling Price 35,000
    First month payment 457.14
    Reg Fee 78.50
    Doc fee 249.50
    Acquisition fee 595.00
    Taxes (Ohio 7.5% upfront on everything but the residual value) $1,144.96
    Total cap cost: $37,525.09
    Amount due at signing $0
    Monthly payment $457.14

    After negotiating the price I told them it was a lease. It seemed they were not happy after that. Is there an incentive difference between a lease vs purchase? The dealer shows a loss of $2,824 before any rebates. They’ve told me this is the lowest price they’ve sold this model for all year and the salesmen said he couldn’t buy it for that low of a price. I’ve seen lower prices but not in my area. Other dealers were in the $37,000 range for the same model. Thanks!
  • MichaellMichaell ColoradoModerator Posts: 190,164
    crv_ohio said:

    Hello, I was hoping you could take a look at a proposed deal and let me know your opinion of it:

    2020 Odyssey EXL RES NAV, 36/12, .00112:

    MSRP 41,280
    Selling Price 35,000
    First month payment 457.14
    Reg Fee 78.50
    Doc fee 249.50
    Acquisition fee 595.00
    Taxes (Ohio 7.5% upfront on everything but the residual value) $1,144.96
    Total cap cost: $37,525.09
    Amount due at signing $0
    Monthly payment $457.14

    After negotiating the price I told them it was a lease. It seemed they were not happy after that. Is there an incentive difference between a lease vs purchase? The dealer shows a loss of $2,824 before any rebates. They’ve told me this is the lowest price they’ve sold this model for all year and the salesmen said he couldn’t buy it for that low of a price. I’ve seen lower prices but not in my area. Other dealers were in the $37,000 range for the same model. Thanks!

    Yes, different incentives for lease v. purhcase.

    If they honor the price, and the deal, I'd sign the paperwork as quickly as possible and drive that new van home.

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  • LeaseonthelowLeaseonthelow Member Posts: 21
    Could you please provide RV MF & incentives on a 2020 EX-L 36/12, zip 11432? Thank you
  • kyfdxkyfdx Moderator Posts: 194,466

    Could you please provide RV MF & incentives on a 2020 EX-L 36/12, zip 11432? Thank you

    .00112 MF and 58% residual
    $750 incentive

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  • crv_ohiocrv_ohio Member Posts: 13
    Michaell said:

    crv_ohio said:

    Hello, I was hoping you could take a look at a proposed deal and let me know your opinion of it:

    2020 Odyssey EXL RES NAV, 36/12, .00112:

    MSRP 41,280
    Selling Price 35,000
    First month payment 457.14
    Reg Fee 78.50
    Doc fee 249.50
    Acquisition fee 595.00
    Taxes (Ohio 7.5% upfront on everything but the residual value) $1,144.96
    Total cap cost: $37,525.09
    Amount due at signing $0
    Monthly payment $457.14

    After negotiating the price I told them it was a lease. It seemed they were not happy after that. Is there an incentive difference between a lease vs purchase? The dealer shows a loss of $2,824 before any rebates. They’ve told me this is the lowest price they’ve sold this model for all year and the salesmen said he couldn’t buy it for that low of a price. I’ve seen lower prices but not in my area. Other dealers were in the $37,000 range for the same model. Thanks!

    Yes, different incentives for lease v. purchase.

    If they honor the price, and the deal, I'd sign the paperwork as quickly as possible and drive that new van home.
    Leased (8/20/2020) from Honda Marysville at the stated price :smile:

    I was leasing a 2019 Odyssey EXL-RES/NAV and out of curiosity checked the trade in value with Carvana and Vroom. Carvana offerred ~$27,700 and Vroom offered $31,487. Took it to Carmax and they offered $28,000. Local dealer was $27,000. Vroom's offer was well above the payoff on my old lease. The new lease payment is $5 more per month., mainly because I didn't make the first payment like I did on the 2019.
  • kyfdxkyfdx Moderator Posts: 194,466
    crv_ohio said:

    Michaell said:

    crv_ohio said:

    Hello, I was hoping you could take a look at a proposed deal and let me know your opinion of it:

    2020 Odyssey EXL RES NAV, 36/12, .00112:

    MSRP 41,280
    Selling Price 35,000
    First month payment 457.14
    Reg Fee 78.50
    Doc fee 249.50
    Acquisition fee 595.00
    Taxes (Ohio 7.5% upfront on everything but the residual value) $1,144.96
    Total cap cost: $37,525.09
    Amount due at signing $0
    Monthly payment $457.14

    After negotiating the price I told them it was a lease. It seemed they were not happy after that. Is there an incentive difference between a lease vs purchase? The dealer shows a loss of $2,824 before any rebates. They’ve told me this is the lowest price they’ve sold this model for all year and the salesmen said he couldn’t buy it for that low of a price. I’ve seen lower prices but not in my area. Other dealers were in the $37,000 range for the same model. Thanks!

    Yes, different incentives for lease v. purchase.

    If they honor the price, and the deal, I'd sign the paperwork as quickly as possible and drive that new van home.
    Leased (8/20/2020) from Honda Marysville at the stated price :smile:

    I was leasing a 2019 Odyssey EXL-RES/NAV and out of curiosity checked the trade in value with Carvana and Vroom. Carvana offerred ~$27,700 and Vroom offered $31,487. Took it to Carmax and they offered $28,000. Local dealer was $27,000. Vroom's offer was well above the payoff on my old lease. The new lease payment is $5 more per month., mainly because I didn't make the first payment like I did on the 2019.
    Congrats! Thanks for the report.

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