2021 Honda Odyssey Lease Deals and Prices

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  • surya251surya251 Member Posts: 1
    Hi, Can you please share MF, RV for Odyssey 2021 EXL , 07751... Thank you
  • kyfdxkyfdx Moderator Posts: 267,769
    surya251 said:

    Hi, Can you please share MF, RV for Odyssey 2021 EXL , 07751... Thank you

    36/15
    .00112 MF and 59% residual
    $1000 incentive

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  • hemgs1hemgs1 Member Posts: 41
    Closing a deal on the following. Feel pretty confident that it’s a good deal. Thoughts?

    2021 Odyssey Touring
    36 month / 12k miles
    MSRP: $44015
    Total Cap Cost: $38865
    Payment w/ taxes (NC): $0 down $417 a month for 35 months
  • kyfdxkyfdx Moderator Posts: 267,769
    hemgs1 said:

    Closing a deal on the following. Feel pretty confident that it’s a good deal. Thoughts?

    2021 Odyssey Touring
    36 month / 12k miles
    MSRP: $44015
    Total Cap Cost: $38865
    Payment w/ taxes (NC): $0 down $417 a month for 35 months

    Yes, that looks very good

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  • caliboundcalibound Member Posts: 4
    Can someone help me find the residual and MF on a 2020 Honda Odyssey LX in 94304
    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,769
    calibound said:

    Can someone help me find the residual and MF on a 2020 Honda Odyssey LX in 94304
    Thanks!

    2020 model discussion

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  • caliboundcalibound Member Posts: 4
    kyfdx said:

    calibound said:

    Can someone help me find the residual and MF on a 2020 Honda Odyssey LX in 94304
    Thanks!

    2020 model discussion
    whoops, sorry!
  • brendenlowbrendenlow Member Posts: 31
    hemgs1 said:

    Closing a deal on the following. Feel pretty confident that it’s a good deal. Thoughts?

    2021 Odyssey Touring
    36 month / 12k miles
    MSRP: $44015
    Total Cap Cost: $38865
    Payment w/ taxes (NC): $0 down $417 a month for 35 months

    Can you share where in NC? If close it may be worth the drive from SC for a similar deal
  • hemgs1hemgs1 Member Posts: 41

    hemgs1 said:

    Closing a deal on the following. Feel pretty confident that it’s a good deal. Thoughts?

    2021 Odyssey Touring
    36 month / 12k miles
    MSRP: $44015
    Total Cap Cost: $38865
    Payment w/ taxes (NC): $0 down $417 a month for 35 months

    Can you share where in NC? If close it may be worth the drive from SC for a similar deal
    I just PMed you.
  • Bennyboy1129Bennyboy1129 Member Posts: 6
    Have a deal that i wanted an opinion on:

    2021 Honda odyssey elite,
    $49,850 MSRP, selling price of: 43000
    36 Months 10k miles
    516 per month tax included (CA), $1,250 down.



    Thought on if i should pull the trigger

    thank you
  • MichaellMichaell Moderator Posts: 264,913
    hemgs1 said:

    hemgs1 said:

    Closing a deal on the following. Feel pretty confident that it’s a good deal. Thoughts?

    2021 Odyssey Touring
    36 month / 12k miles
    MSRP: $44015
    Total Cap Cost: $38865
    Payment w/ taxes (NC): $0 down $417 a month for 35 months

    Can you share where in NC? If close it may be worth the drive from SC for a similar deal
    I just PMed you.
    Feel free to post dealer and salesman names - just no contact info (phone, email, URL, etc).

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  • MichaellMichaell Moderator Posts: 264,913

    Have a deal that i wanted an opinion on:

    2021 Honda odyssey elite,
    $49,850 MSRP, selling price of: 43000
    36 Months 10k miles
    516 per month tax included (CA), $1,250 down.



    Thought on if i should pull the trigger

    thank you

    .00112 and 59%

    With those prices, I get $459/mo plus tax.

    Ask the dealer to provide the adjusted cap cost, and what was added to the selling price to get that number.

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  • Bennyboy1129Bennyboy1129 Member Posts: 6
    Michaell said:

    Have a deal that i wanted an opinion on:

    2021 Honda odyssey elite,
    $49,850 MSRP, selling price of: 43000
    36 Months 10k miles
    516 per month tax included (CA), $1,250 down.



    Thought on if i should pull the trigger

    thank you

    .00112 and 59%

    With those prices, I get $459/mo plus tax.

    Ask the dealer to provide the adjusted cap cost, and what was added to the selling price to get that number.
    adjusted cap cost is $42,946



    thoughts on that deal?

  • MichaellMichaell Moderator Posts: 264,913

    Michaell said:

    Have a deal that i wanted an opinion on:

    2021 Honda odyssey elite,
    $49,850 MSRP, selling price of: 43000
    36 Months 10k miles
    516 per month tax included (CA), $1,250 down.



    Thought on if i should pull the trigger

    thank you

    .00112 and 59%

    With those prices, I get $459/mo plus tax.

    Ask the dealer to provide the adjusted cap cost, and what was added to the selling price to get that number.
    adjusted cap cost is $42,946



    thoughts on that deal?

    Something doesn't track, then. I get a lower payment with those prices.

    Confirm the MF the dealer is using.

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  • Bennyboy1129Bennyboy1129 Member Posts: 6
    spoke with dealership, the new numbers they are quoting is:

    $1200 total drive off
    $500 monthly payment tax included
    35 payments 10k miles
    MF .00112
    msrp: $48,940
    selling price of $41,940
    **$1000 lease cash included

  • MichaellMichaell Moderator Posts: 264,913

    spoke with dealership, the new numbers they are quoting is:

    $1200 total drive off
    $500 monthly payment tax included
    35 payments 10k miles
    MF .00112
    msrp: $48,940
    selling price of $41,940
    **$1000 lease cash included

    What is your tax rate?

    What is the adjusted cap cost? I'm pretty sure $1200 drive off won't cover everything (first payment, registration, doc fee, acquisition fee)

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  • Bennyboy1129Bennyboy1129 Member Posts: 6
    tax rate is 9.5% (los angeles 90035 zip code)



  • Bennyboy1129Bennyboy1129 Member Posts: 6

    tax rate is 9.5% (los angeles 90035 zip code)



    adjusted cap cost is $42,524
  • MichaellMichaell Moderator Posts: 264,913

    tax rate is 9.5% (los angeles 90035 zip code)



    adjusted cap cost is $42,524
    OK, those updated numbers give me a payment of $503/mo.

    All looks in order, now.

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  • khadley2khadley2 Member Posts: 73
    edited November 2020


    Can you tell me what the payment should be on this touring with $1500 down? 36/12 lease, tax rate is 9.25% California
  • Bennyboy1129Bennyboy1129 Member Posts: 6
    Michaell said:

    tax rate is 9.5% (los angeles 90035 zip code)



    adjusted cap cost is $42,524
    OK, those updated numbers give me a payment of $503/mo.

    All looks in order, now.
    would you consider this a good deal, or should i hold out and keep shopping?

    really appreciate all your help and assistance thus far
  • MichaellMichaell Moderator Posts: 264,913
    khadley2 said:



    Can you tell me what the payment should be on this touring with $1500 down? 36/12 lease, tax rate is 9.25% California

    Those numbers, as the heading states, is for a purchase, not a lease.

    For leases, sales tax is paid monthly.

    No reference to the acquisition fee.

    Ask them to show you the lease worksheet.

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  • MichaellMichaell Moderator Posts: 264,913

    Michaell said:

    tax rate is 9.5% (los angeles 90035 zip code)



    adjusted cap cost is $42,524
    OK, those updated numbers give me a payment of $503/mo.

    All looks in order, now.
    would you consider this a good deal, or should i hold out and keep shopping?

    really appreciate all your help and assistance thus far
    Only way to improve it is to negotiate a lower selling price.

    I'm not in the market, so I don't know what's possible.

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  • khadley2khadley2 Member Posts: 73
    Michaell said:

    khadley2 said:



    Can you tell me what the payment should be on this touring with $1500 down? 36/12 lease, tax rate is 9.25% California

    Those numbers, as the heading states, is for a purchase, not a lease.

    For leases, sales tax is paid monthly.

    No reference to the acquisition fee.

    Ask them to show you the lease worksheet.
    My mistake, thank you
  • Tmoran58Tmoran58 Member Posts: 2
    Wondering your thoughts on the following numbers for a 21 Odyssey Touring 36 months 15k miles $529 down.

    MSRP 43,620
    Discount 4,134.17
    Window etch 189
    Total purchase 39,674
    Tax fee 595
    Doc fee 599
    Non tax fee 318.50
    Net price 41,187

    Payment $529 per month


  • MichaellMichaell Moderator Posts: 264,913
    Tmoran58 said:

    Wondering your thoughts on the following numbers for a 21 Odyssey Touring 36 months 15k miles $529 down.

    MSRP 43,620
    Discount 4,134.17
    Window etch 189
    Total purchase 39,674
    Tax fee 595
    Doc fee 599
    Non tax fee 318.50
    Net price 41,187

    Payment $529 per month

    What is your location?

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  • Tmoran58Tmoran58 Member Posts: 2
    New Jersey
  • MichaellMichaell Moderator Posts: 264,913
    Tmoran58 said:

    Wondering your thoughts on the following numbers for a 21 Odyssey Touring 36 months 15k miles $529 down.

    MSRP 43,620
    Discount 4,134.17
    Window etch 189
    Total purchase 39,674
    Tax fee 595
    Doc fee 599
    Non tax fee 318.50
    Net price 41,187

    Payment $529 per month

    Tmoran58 said:

    New Jersey

    Only the first payment due at signing?

    .00112 and 60%
    $1000 incentive, which is part of the discount you are getting.

    The MSRP and Net price gives me a payment of $493/mo.

    Confirm both the MF used, and the adjusted cap cost for the dealer quote.

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  • Mr. ToadMr. Toad Member Posts: 44
    Looking for the MF, RB and incentives for an EX-L and Touring. 36 months, 12k miles, 07066.
  • MichaellMichaell Moderator Posts: 264,913
    Mr. Toad said:

    Looking for the MF, RB and incentives for an EX-L and Touring. 36 months, 12k miles, 07066.

    .00112 and 61% / 62% for EX-L / Touring
    $1000 incentive

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  • brendenlowbrendenlow Member Posts: 31
    I only see a $1000 loyalty incentive on the honda website. Am I eligible for a different incentive as a non-current honda owner?
  • brendenlowbrendenlow Member Posts: 31
    Also, any insight into SC sales tax? I believe It is paid on each payment but I am finding some conflicting info online where the $500 max tax due is paid upfront as well as 6% on each payment.
  • kyfdxkyfdx Moderator Posts: 267,769

    Also, any insight into SC sales tax? I believe It is paid on each payment but I am finding some conflicting info online where the $500 max tax due is paid upfront as well as 6% on each payment.

    I only see a $1000 loyalty incentive on the honda website. Am I eligible for a different incentive as a non-current honda owner?

    The $1000 is a Honda to dealer incentive. Nothing to do with loyalty

    As far as I know, for SC, it's $500 upfront, and that's it.

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  • brendenlowbrendenlow Member Posts: 31
    kyfdx said:

    Also, any insight into SC sales tax? I believe It is paid on each payment but I am finding some conflicting info online where the $500 max tax due is paid upfront as well as 6% on each payment.

    I only see a $1000 loyalty incentive on the honda website. Am I eligible for a different incentive as a non-current honda owner?

    The $1000 is a Honda to dealer incentive. Nothing to do with loyalty

    As far as I know, for SC, it's $500 upfront, and that's it.
    Great! Thanks for the assistance
  • vsantos720vsantos720 Member Posts: 14
    May I please have the MF, RV, and incentives for zip 32216 (Jacksonville, FL) for:

    LX: 36 months 10k miles (if possible), and 36 months 12k miles.
    EX: 36 months 10k miles (if possible), and 36 months 12k miles.

    Thanks in advance! You all have been so helpful in prior lease deals for me!
  • MichaellMichaell Moderator Posts: 264,913

    May I please have the MF, RV, and incentives for zip 32216 (Jacksonville, FL) for:

    LX: 36 months 10k miles (if possible), and 36 months 12k miles.
    EX: 36 months 10k miles (if possible), and 36 months 12k miles.

    Thanks in advance! You all have been so helpful in prior lease deals for me!

    .00112 and 60% / 61% for LX / EX
    $1000 incentive

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  • gogocurrygogocurry Member Posts: 18
    edited November 2020
    Hello, can I please have the MF, RV, and incentives for zip code 07670? Does Honda loyalty program apply to Acura owner? Does Honda still offer college graduate program? Thank you.

    EX: 36/7.5k

    EXL: 36/7.5k
  • MichaellMichaell Moderator Posts: 264,913
    gogocurry said:

    Hello, can I please have the MF, RV, and incentives for zip code 07670? Does Honda loyalty program apply to Acura owner? Does Honda still offer college graduate program? Thank you.

    EX: 36/7.5k

    EXL: 36/7.5k

    36/10
    .00112 and 61% / 62% for EX / EX-L
    $1000 incentive

    $500 grad
    Only Hondas qualify for loyalty

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  • edumunds101edumunds101 Member Posts: 18
    Can I please get RV?MF incentives 2021 Pilot 36/15 33176 thank you very much!

    Black Addition
    EX-L Nav/res
    EX-L
    SE


  • kyfdxkyfdx Moderator Posts: 267,769

    Can I please get RV?MF incentives 2021 Pilot 36/15 33176 thank you very much!

    Black Addition
    EX-L Nav/res
    EX-L
    SE


    .00110 MF
    $750 incentive

    57%
    59%
    59%
    58% residual

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  • edumunds101edumunds101 Member Posts: 18

    Can I please get RV?MF incentives 2021 Pilot 36/15 33176 thank you very much!

    Black Addition
    EX-L Nav/res
    EX-L
    SE


    Thank you!
  • dmitch1997dmitch1997 Member Posts: 3
    edited November 2020
    New with getting a good lease deal.. Got ripped off last time... Looking if this is a good deal or if I should negotiate for better... 2021 Honda Odyssey EX-L, 10,000 miles/year, 36 month lease for $365/month (before 7% sales tax), $0 down, area code 68114... I don't have any other info at this point...
    If I can also get the MF, RV and incentives for the 2021 Honda Odyssey LX & EX & EX-L.
    Thanks in advance!
  • MichaellMichaell Moderator Posts: 264,913

    New with getting a good lease deal.. Got ripped off last time... Looking if this is a good deal or if I should negotiate for better... 2021 Honda Odyssey EX-L, 10,000 miles/year, 36 month lease for $365/month (before 7% sales tax), $0 down, area code 68114... I don't have any other info at this point...
    If I can also get the MF, RV and incentives for the 2021 Honda Odyssey LX & EX & EX-L.
    Thanks in advance!

    You'll need to collect some information in order for us to help you:

    MSRP
    Selling price
    Adjusted cap cost
    Total amount due at signing

    .00112 and 60% / 61% / 62%
    $1000 incentives

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  • dmitch1997dmitch1997 Member Posts: 3
    edited November 2020
    It doesn't give me any of that info in the disclaimers of the special, would I just have to wait to talk to that dealership tomorrow or is there a way i can find that info based on their vehicle inventory? Thanks for being patient with me, kinda clueless at this.
  • MichaellMichaell Moderator Posts: 264,913

    It doesn't give me any of that info in the disclaimers of the special, would I just have to wait to talk to that dealership tomorrow or is there a way i can find that info based on their vehicle inventory? Thanks for being patient with me, kinda clueless at this.

    Oh, this is an ad, not a quote?

    Expect the numbers to be significantly different when you talk to the dealer.

    Use this link to help get you educated:
    https://www.edmunds.com/car-leasing/

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  • LucasMcGLucasMcG Member Posts: 15
    Hello, can you please share the MF, RV, and incentive for a 2021 EX in 34997 please? Thank you!
  • kyfdxkyfdx Moderator Posts: 267,769
    LucasMcG said:

    Hello, can you please share the MF, RV, and incentive for a 2021 EX in 34997 please? Thank you!

    36/15
    .00112 MF and 58% residual
    $1000 incentive

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  • LucasMcGLucasMcG Member Posts: 15
    kyfdx said:

    LucasMcG said:

    Hello, can you please share the MF, RV, and incentive for a 2021 EX in 34997 please? Thank you!

    36/15
    .00112 MF and 58% residual
    $1000 incentive
    Thank you! Do the numbers change for 36/12?
  • dmitch1997dmitch1997 Member Posts: 3
    edited November 2020
    Looking to see if this is a good deal...

    2021 Honda Odyssey EX-L
    MSRP: $39,580
    Sales price: $35,284.27
    36 months, 10,000 miles/year
    Monthly payment: $385.08

    First payment: $385.08 ($365 + $20.08 for 5.5% state sales tax)
    Access fee: $225
    Dealer fee: $595
    Total due at signing: $1,205.08

    Also mentions:
    Admin fees (included in payments): $199
    Title Fee (included in payments): $17

    Saw somewhere that I should only be paying a maximum of $75 for a dealer fee, can anyone tell me what i should say to reduce it to that price? My zip code is 68122 for reference. Thanks
  • LucasMcGLucasMcG Member Posts: 15

    Looking to see if this is a good deal...

    2021 Honda Odyssey EX-L
    MSRP: $39,580
    Sales price: $35,284.27
    36 months, 10,000 miles/year
    Monthly payment: $385.08

    First payment: $385.08 ($365 + $20.08 for 5.5% state sales tax)
    Access fee: $225
    Dealer fee: $595
    Total due at signing: $1,205.08

    Also mentions:
    Admin fees (included in payments): $199
    Title Fee (included in payments): $17

    Saw somewhere that I should only be paying a maximum of $75 for a dealer fee, can anyone tell me what i should say to reduce it to that price? My zip code is 68122 for reference. Thanks

    Seems like a good deal. Your sales price is lower than the TMV.

    As for the lease, I assumed .0011 for MF and 62% for residual value and my calculation shows $385.40 for your lease payment (taxes included) so that's almost dead on.

    Some people will argue that the dealer fee should be equal to the cost of registration, which I assume is $75 in your state, so they push for that at the dealership. It might be an uphill battle since your sales price is pretty good - but money is money so it may be worth your time! It would take your payment down to 369.56/month w/taxes
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