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2018 Honda Odyssey Lease Deals and Prices

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  • michaelscaimichaelscai Member Posts: 75
    I’m not sure I think odyssey ex-l msrp is 37610, is 493/no lease decent?
  • kyfdxkyfdx Moderator Posts: 235,175

    I’m not sure I think odyssey ex-l msrp is 37610, is 493/no lease decent?

    The payment looks about right, given the lease program available.

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  • michaelscaimichaelscai Member Posts: 75
    I got this additional info from dealer, is this decent? Is residual based on msrp? Which puts msrp at 38k
  • michaelscaimichaelscai Member Posts: 75
    I got this additional info from dealer, is this decent? Is residual based on msrp? Which puts msrp at 38k

    The residual for 36 months and 12,000 miles/year is 59% ($22,676.65). Subject to credit approval, the MF is .00184. $493.77 per month is the total payment and includes all tax, tag, and dealer fees.

  • kyfdxkyfdx Moderator Posts: 235,175



    I got this additional info from dealer, is this decent? Is residual based on msrp? Which puts msrp at 38k

    The residual for 36 months and 12,000 miles/year is 59% ($22,676.65). Subject to credit approval, the MF is .00184. $493.77 per month is the total payment and includes all tax, tag, and dealer fees.



    Yeah.. we already knew the money factor and residual.

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  • michaelscaimichaelscai Member Posts: 75
    Alright! With your blessing in gonna get it tonight :)
  • michaelscaimichaelscai Member Posts: 75
    I just leased the odyssey exl with 0 down, i did pay one payment of 493 so that leaves me 35 payments. I was told NC dmv will send me a bill for property tax which is about 1.5% of price. Is that normal? Or was dealer supposed to pay for first year of property tax? The email i got says all tax were included in the monthly payment of 493
  • michaelscaimichaelscai Member Posts: 75
    Do I still need to pay property tax on the leased vehicle each year? The email I got from the dealer says the monthly payment including all tax tag and fees. I’m confused. Do I need to be paying property tax on a vehicle I don’t really own?
  • kyfdxkyfdx Moderator Posts: 235,175

    Do I still need to pay property tax on the leased vehicle each year? The email I got from the dealer says the monthly payment including all tax tag and fees. I’m confused. Do I need to be paying property tax on a vehicle I don’t really own?

    Yes.. property tax is your responsibility. Not included in the lease deal.

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  • michaelscaimichaelscai Member Posts: 75
    Even though I’m leasing it I still pay property tax? Isn’t dealer the owner of the vehicle and supposed to pay property tax? Like a house owner not the tenant pay property tax?
  • kyfdxkyfdx Moderator Posts: 235,175

    Even though I’m leasing it I still pay property tax? Isn’t dealer the owner of the vehicle and supposed to pay property tax? Like a house owner not the tenant pay property tax?

    The dealer doesn't own the car, Honda Finance does.
    And, technically, the state considers them the payer of the property tax.
    But, your lease contract states that you will pay the property taxes on the vehicle. And, your state won't let you register the vehicle if they aren't paid. So, that makes you responsible for them.

    This is the way it works for every leased car, in every state that has a property tax.

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  • michaelscaimichaelscai Member Posts: 75
    Ok that helps, I thought they pulled a fast one on me :)
  • jaysharjayshar Member Posts: 1
    edited May 2018
    I am in San Jose, CA area and currently starting my search for a 2018 EX-L lease with 12k/36 or 15K/36 month lease term. Is there someone from CA who did a similar lease deal, or who knows the local California MSRP, selling price, MF, residual value that I should target? What is the tax inclusive monthly cost assuming 0 down I should target for this area and time of year? Does July 4 bring any special sale/discounts that I should consider waiting for? Many thanks in advance!
  • kyfdxkyfdx Moderator Posts: 235,175
    jayshar said:

    I am in San Jose, CA area and currently starting my search for a 2018 EX-L lease with 12k/36 or 15K/36 month lease term. Is there someone from CA who did a similar lease deal, or who knows the local California MSRP, selling price, MF, residual value that I should target? What is the tax inclusive monthly cost assuming 0 down I should target for this area and time of year? Does July 4 bring any special sale/discounts that I should consider waiting for? Many thanks in advance!

    .00184 MF and 59%/57% residual

    Current programs run through July 5th.

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  • huskerpharmdhuskerpharmd Member Posts: 1
    Nice forum! 2018 ExL w/nav in Nebraska.  Residual and MF for 15k/36mo.  All over the board in Nebraska .Thx
  • kyfdxkyfdx Moderator Posts: 235,175

    Nice forum! 2018 ExL w/nav in Nebraska.  Residual and MF for 15k/36mo.  All over the board in Nebraska .Thx

    .00184 MF and 56% residual

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  • cway77cway77 Member Posts: 11
    Hello! Was wondering if I could get the MF and RV for an 18 Odyssey EX in WI for a 3 year 36K lease? I have a 15 looking to turn in that I lease currently and with out even looking at the specifics the dealership is quoting me 500/month on an EX with no money down. Might have some positive equity in the current van but are the deals really that bad with Honda right now?? I have requested the specifics for the numbers as to how they got to this but any other insight would be appreciated. Thank You!!
  • kyfdxkyfdx Moderator Posts: 235,175
    cway77 said:

    Hello! Was wondering if I could get the MF and RV for an 18 Odyssey EX in WI for a 3 year 36K lease? I have a 15 looking to turn in that I lease currently and with out even looking at the specifics the dealership is quoting me 500/month on an EX with no money down. Might have some positive equity in the current van but are the deals really that bad with Honda right now?? I have requested the specifics for the numbers as to how they got to this but any other insight would be appreciated. Thank You!!

    .00184 MF and 57% residual

    Would need MSRP and selling price to estimate a payment.

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  • ssbear22ssbear22 Member Posts: 5
    Please provide the MF and residual for 2018 Odyssey Ex. 36/12 and 36/10. Southern California.  Thank you!!!
  • kyfdxkyfdx Moderator Posts: 235,175
    ssbear22 said:

    Please provide the MF and residual for 2018 Odyssey Ex. 36/12 and 36/10. Southern California.  Thank you!!!

    36/12
    .00184 MF and 57% residual

    10K/yr is not available

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  • ssbear22ssbear22 Member Posts: 5
    Thank you.  Would the 2018 Odyssey Lx model have the same MF and residual for the 36/12?
  • ssbear22ssbear22 Member Posts: 5
    Also are the 2019 Odyssey residual and MF available?  Thanks again!
  • MichaellMichaell Moderator Posts: 240,057
    ssbear22 said:

    Also are the 2019 Odyssey residual and MF available?  Thanks again!

    Yes, and there is a specific 2019 thread already in place:

    https://forums.edmunds.com/discussion/50964/honda/odyssey/2019-honda-odyssey-lease-deals-and-prices#latest

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  • MichaellMichaell Moderator Posts: 240,057
    ssbear22 said:

    Thank you.  Would the 2018 Odyssey Lx model have the same MF and residual for the 36/12?

    Subtract 1% from the EX for the LX

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  • gasman07gasman07 Member Posts: 10
    Hello, requesting MF / residual / incentives for 36/12K in zip 92618:

    Odyssey EX-L
    Odyssey Touring
    Odyssey Elite

    Thank you!
  • MichaellMichaell Moderator Posts: 240,057
    gasman07 said:

    Hello, requesting MF / residual / incentives for 36/12K in zip 92618:

    Odyssey EX-L
    Odyssey Touring
    Odyssey Elite

    Thank you!

    .00184 and 59% (EX-L), 57% (T) or 56% (E)
    No lease incentives

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  • flacarguy2flacarguy2 Member Posts: 18
    Hi,

    Can I get MF, residual and incentive (if any) for the following:

    2018 EX-L w/Nav RES
    2018 Touring
    2018 Elite

    36/15 in Florida 34655 Thanks!
  • zumoney515zumoney515 Member Posts: 38
    2018 EXL
    36/10k & 36/12k
    NY, 11354
    Cash, RV, MF please
  • MichaellMichaell Moderator Posts: 240,057

    Hi,

    Can I get MF, residual and incentive (if any) for the following:

    2018 EX-L w/Nav RES
    2018 Touring
    2018 Elite

    36/15 in Florida 34655 Thanks!

    .00184 and 56% / 55% / 54%

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  • MichaellMichaell Moderator Posts: 240,057

    2018 EXL
    36/10k & 36/12k
    NY, 11354
    Cash, RV, MF please

    .00184 and 60% / 59% (not sure if 10K is available)

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  • thanks4urtim1thanks4urtim1 Member Posts: 7
    Hello, requesting MF / residual / incentives for 36/12K in zip 36609/36526. Thank you!
  • thanks4urtim1thanks4urtim1 Member Posts: 7
    Oops forgot year and trim.MF / residual / incentives 2018 Ex-L for 36/12K in zip 92618
  • kyfdxkyfdx Moderator Posts: 235,175

    Oops forgot year and trim.MF / residual / incentives 2018 Ex-L for 36/12K in zip 92618

    .00184 MF and 59% residual

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  • thanks4urtim1thanks4urtim1 Member Posts: 7
    Haha, sorry for the mistakes! was copying someone else's format and put wrong zip.
    MF / residual / incentives for 36/12K 2018 Ex-L in zip 36526 / 36609
  • MichaellMichaell Moderator Posts: 240,057

    Haha, sorry for the mistakes! was copying someone else's format and put wrong zip.
    MF / residual / incentives for 36/12K 2018 Ex-L in zip 36526 / 36609

    Honda numbers are national.

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  • thanks4urtim1thanks4urtim1 Member Posts: 7
    Does Honda historically change the MF or RV to assist sales of older models odyssey's? I know the 2019 is coming out for sale and with the current MF and RV expiring 07/05 should I wait for 07/06 to see the new MF and RV for the 2018 EX-L to save me money? I've tried looking online for trends but didn't see anything. Thank you
  • kyfdxkyfdx Moderator Posts: 235,175

    Does Honda historically change the MF or RV to assist sales of older models odyssey's? I know the 2019 is coming out for sale and with the current MF and RV expiring 07/05 should I wait for 07/06 to see the new MF and RV for the 2018 EX-L to save me money? I've tried looking online for trends but didn't see anything. Thank you

    There aren't any historical trends.

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  • loader902loader902 Member Posts: 4
    edited July 2018
    Looking to lease 15k/39 month ex-l —-Ohio - medina county. 44280 Msrp of $38,300 sale price of  $34,442. 
    With a $0 down lease what should I come in at at payment? (Rolling all taxes and fees) 
  • kyfdxkyfdx Moderator Posts: 235,175
    loader902 said:

    Looking to lease 15k/39 month ex-l —-Ohio - medina county. 44280 Msrp of $38,300 sale price of  $34,442. 
    With a $0 down lease what should I come in at at payment? (Rolling all taxes and fees) 

    39 month term is not supported.

    36/15
    .00184 MF and 57% residual

    $1300 tax
    $250 doc fee
    $595 acquisition fee
    $100 DMV fee

    Adding $2245 to CAP,
    $520/mo., with just 1st payment due at signing.

    Honda Odyssey EXL is only $38,300?
    That's a lot of car for the money, if so. I'm surprised.

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  • leaseman6leaseman6 Member Posts: 8
    Hi kyfdx,

    Looking for a Honda Odyssey 2019/2018 EX. Am more inclined to finance rather than lease. What is the approx payment that I'll be looking at including taxes and other fees (taxes / doc /DMV fees) for zip code 95015.

  • kyfdxkyfdx Moderator Posts: 235,175
    leaseman6 said:

    Hi kyfdx,

    Looking for a Honda Odyssey 2019/2018 EX. Am more inclined to finance rather than lease. What is the approx payment that I'll be looking at including taxes and other fees (taxes / doc /DMV fees) for zip code 95015.

    Finance payments are pretty simple. You just have to know the amount financed.
    I can't give you that number. Your price is subject to negotiation.

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  • rizi1_39rizi1_39 Member Posts: 6
    Hello,

    Looking for MF / Residual / incentives / rebates for Odyssey EX-L 2018 36/12 for Zip code 93063
  • kyfdxkyfdx Moderator Posts: 235,175
    rizi1_39 said:

    Hello,

    Looking for MF / Residual / incentives / rebates for Odyssey EX-L 2018 36/12 for Zip code 93063

    .00184 MF and 59% residual
    No incentives

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  • rizi1_39rizi1_39 Member Posts: 6
    When are the current numbers expiring. Are we expecting different MF and RV any time soon?
  • MichaellMichaell Moderator Posts: 240,057
    rizi1_39 said:

    When are the current numbers expiring. Are we expecting different MF and RV any time soon?

    Numbers expire today.

    New programs to be released tomorrow. May be afternoon before we see them.

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  • higuy2003higuy2003 Member Posts: 5
    Hello! Looking for available incentives, RV, and MF for EXL in 95816. Looking at 36/12 and 36/10.

    Thank you!
  • jacobmaejacobmae Member Posts: 5
    Hi! Looking for MF/RV/incentives/rebates for Odyssey EX-L 36/12 for Zip Code 14068
  • rizi1_39rizi1_39 Member Posts: 6
    Hi,

    Did we get the new numbers for EX-L in 93063. MF / Residual / Incentives? 36/12
  • kyfdxkyfdx Moderator Posts: 235,175
    higuy2003 said:

    Hello! Looking for available incentives, RV, and MF for EXL in 95816. Looking at 36/12 and 36/10.

    Thank you!

    36/12
    .00184 MF and 58% residual
    $300 lease cash

    10K is not offered

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  • kyfdxkyfdx Moderator Posts: 235,175
    jacobmae said:

    Hi! Looking for MF/RV/incentives/rebates for Odyssey EX-L 36/12 for Zip Code 14068

    .00184 MF and 58% residual
    $300 lease cash

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