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2018 Honda Odyssey Lease Deals and Prices

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  • kyfdxkyfdx Moderator Posts: 236,681
    rizi1_39 said:

    Hi,

    Did we get the new numbers for EX-L in 93063. MF / Residual / Incentives? 36/12

    .00184 MF and 58% residual
    $300 lease cash

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  • rizi1_39rizi1_39 Member Posts: 6
    So the deal became worse, they added $300 lease cash but reduced the residual by 1% while keeping the same ugly MF
  • bc88bc88 Member Posts: 33
    Do you think that August will change that money factor on the 2018? We have leased our last 3 Odyssey's in August and always got a very good deal on the outgoing model year.
  • jacobmaejacobmae Member Posts: 5
    bc88 said:
    Do you think that August will change that money factor on the 2018? We have leased our last 3 Odyssey's in August and always got a very good deal on the outgoing model year.
    Would you share what you thought was a good deal for an Odyssey? New to the lease game wanted to see what people are getting for deals out there. 
  • kyfdxkyfdx Moderator Posts: 236,681
    bc88 said:

    Do you think that August will change that money factor on the 2018? We have leased our last 3 Odyssey's in August and always got a very good deal on the outgoing model year.

    Sorry, my crystal ball is in the shop.. ;)

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  • bc88bc88 Member Posts: 33
    Don't need a crystal ball to think. ;) I think the deal will be a bit better in August but that may depend on amount of inventory possibly.
  • bc88bc88 Member Posts: 33
    jacobmae said:


    bc88 said:

    Do you think that August will change that money factor on the 2018? We have leased our last 3 Odyssey's in August and always got a very good deal on the outgoing model year.
    Would you share what you thought was a good deal for an Odyssey? New to the lease game wanted to see what people are getting for deals out there. 

    We never put anything down on a lease as that is not a smart move if it gets totaled. You won't see that money again. We have never paid over $435/mo. for a new, leased EX-L. If that MF doesn't come down though it will be near impossible to keep that streak going.
  • envinspenvinsp Member Posts: 30
    MF, residual, and incentives for 2018 Honda Odyssey 36/15k and 24/15k in 91423

    Thank you
  • MichaellMichaell Moderator Posts: 240,955
    envinsp said:

    MF, residual, and incentives for 2018 Honda Odyssey 36/15k and 24/15k in 91423

    Thank you

    What trim level?

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  • MichaellMichaell Moderator Posts: 240,955
    bc88 said:

    Don't need a crystal ball to think. ;) I think the deal will be a bit better in August but that may depend on amount of inventory possibly.

    We try not to speculate - avoids folks throwing our words back at us if (when) we're wrong.

    There's no historical pattern to the lease programs, and it's folly to try to time the market.

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  • envinspenvinsp Member Posts: 30

    MF, residual, and incentives for 2018 Honda Odyssey LX 36/15k in 91423

    Thank you 
  • MichaellMichaell Moderator Posts: 240,955
    envinsp said:


    MF, residual, and incentives for 2018 Honda Odyssey LX 36/15k in 91423

    Thank you 
    .00184 and 53%
    $300 lease cash

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  • lucaslmlucaslm Member Posts: 6
    edited July 2018
    I'd like MF, residual, incentive for Odyssey LX, 36/15k zip 66212
    thanks
  • MichaellMichaell Moderator Posts: 240,955
    lucaslm said:

    I'd like MF, residual, incentive for Odyssey LX, 36/15k zip 66212
    thanks

    .00184 and 53%
    $300 lease cash

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  • arv2050arv2050 Member Posts: 20
    Hello, can I get MF, RV and lease cash for 2018 Odyssey EX-L, touring, 36/12k. Zip code: 10305. Many thanks
  • MichaellMichaell Moderator Posts: 240,955
    arv2050 said:

    Hello, can I get MF, RV and lease cash for 2018 Odyssey EX-L, touring, 36/12k. Zip code: 10305. Many thanks

    .00184 and 58% (EX-L) or 56% (Touring)
    $300 lease cash

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  • mpsy2k15mpsy2k15 Member Posts: 12
    Hi whats the MF and residual value for Honda touring 2018 for 91377 zip code. Also what would be monthly payment for sale price of 39660
    Thanks!
  • kyfdxkyfdx Moderator Posts: 236,681
    mpsy2k15 said:

    Hi whats the MF and residual value for Honda touring 2018 for 91377 zip code. Also what would be monthly payment for sale price of 39660
    Thanks!

    36/15
    .00184 MF and 54% residual
    $300 dealer incentive

    What is the MSRP?

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  • cornbread85cornbread85 Member Posts: 7
    Looking for MF/Residual on the following:

    EX-L - 36/12 and 36/10
    EX-L with Nav and RES - 36/12 and 36/10

    44805
  • kyfdxkyfdx Moderator Posts: 236,681

    Looking for MF/Residual on the following:

    EX-L - 36/12 and 36/10
    EX-L with Nav and RES - 36/12 and 36/10

    44805

    .00184 MF
    58%/57% residual, respectively
    $300 lease cash

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  • cornbread85cornbread85 Member Posts: 7
    kyfdx said:

    Looking for MF/Residual on the following:

    EX-L - 36/12 and 36/10
    EX-L with Nav and RES - 36/12 and 36/10

    44805

    .00184 MF
    58%/57% residual, respectively
    $300 lease cash
    The residuals are lower for a 10k mileage per year lease?
  • kyfdxkyfdx Moderator Posts: 236,681

    kyfdx said:

    Looking for MF/Residual on the following:

    EX-L - 36/12 and 36/10
    EX-L with Nav and RES - 36/12 and 36/10

    44805

    .00184 MF
    58%/57% residual, respectively
    $300 lease cash
    The residuals are lower for a 10k mileage per year lease?
    10K is not available. The two residuals are for the two trims, 36/12

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  • cornbread85cornbread85 Member Posts: 7
    kyfdx said:

    kyfdx said:

    Looking for MF/Residual on the following:

    EX-L - 36/12 and 36/10
    EX-L with Nav and RES - 36/12 and 36/10

    44805

    .00184 MF
    58%/57% residual, respectively
    $300 lease cash
    The residuals are lower for a 10k mileage per year lease?
    10K is not available. The two residuals are for the two trims, 36/12
    Do they offer a lease mileage allowance less than 12k miles per year?
  • kyfdxkyfdx Moderator Posts: 236,681

    kyfdx said:

    kyfdx said:

    Looking for MF/Residual on the following:

    EX-L - 36/12 and 36/10
    EX-L with Nav and RES - 36/12 and 36/10

    44805

    .00184 MF
    58%/57% residual, respectively
    $300 lease cash
    The residuals are lower for a 10k mileage per year lease?
    10K is not available. The two residuals are for the two trims, 36/12
    Do they offer a lease mileage allowance less than 12k miles per year?
    No

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  • mpsy2k15mpsy2k15 Member Posts: 12
    45 said:
    Hi whats the MF and residual value for Honda touring 2018 for 91377 zip code. Also what would be monthly payment for sale price of 39660 Thanks!
    36/15 .00184 MF and 54% residual $300 dealer incentive What is the MSRP?
    Msrp 45500. I’m looking at 36/12 numbers thanks!
  • MichaellMichaell Moderator Posts: 240,955
    mpsy2k15 said:


    45 said:

    mpsy2k15 said:

    Hi whats the MF and residual value for Honda touring 2018 for 91377 zip code. Also what would be monthly payment for sale price of 39660
    Thanks!

    36/15
    .00184 MF and 54% residual
    $300 dealer incentive

    What is the MSRP?

    Msrp 45500. I’m looking at 36/12 numbers thanks!

    56% residual

    With your prices, $514/mo plus tax.

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  • gaspopusgaspopus Member Posts: 5
    edited July 2018
    Hi...first off, Thank you for all of the assistance that this board provides. I was just at the dealership attempting to negotiate a lease for a 2019 Odyssey EX, with aftermarket DVD player included, and they came at me with $459 per month, 36 months, 15k per year, $1400 down including the first payment.  I was wondering if you could tell me whether that is a good deal worth pursuing.  I am in the central New Jersey area.  Thanks!
  • kyfdxkyfdx Moderator Posts: 236,681
    gaspopus said:

    Hi...first off, Thank you for all of the assistance that this board provides. I was just at the dealership attempting to negotiate a lease for a 2019 Odyssey EX, with aftermarket DVD player included, and they came at me with $459 per month, 36 months, 15k per year, $1400 down including the first payment.  I was wondering if you could tell me whether that is a good deal worth pursuing.  I am in the central New Jersey area.  Thanks!

    What is the MSRP?

    Adding accessories can kill a good lease deal. Most can't be residualized.

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  • gaspopusgaspopus Member Posts: 5
    MSRP is $34,955.  I know the entertainment system is pretty much an at-cost add on.  Unfortunately, Honda has made it so the only model with the rear entertainment option is the EX-L, which hikes the price to over $40k.  Makes it a tough cost.
  • kyfdxkyfdx Moderator Posts: 236,681
    gaspopus said:

    MSRP is $34,955.  I know the entertainment system is pretty much an at-cost add on.  Unfortunately, Honda has made it so the only model with the rear entertainment option is the EX-L, which hikes the price to over $40k.  Makes it a tough cost.

    Did you price one out for a lease?
    The EX-L with NAV and RES has a 1% higher residual than the EX.
    Yes, it will be more expensive, but with the higher residual, and avoiding the extra cost for the aftermarket DVD, it might not much different on the lease price.

    They are still leasing the 2018 model.. until they are gone, 2019 model leases will be expensive.

    $459/mo. for a $35K MSRP vehicle doesn't seem very good. Mostly, because of the lease program.

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  • gaspopusgaspopus Member Posts: 5
    That's what I thought as well. It seems that based on the calculations, it's not far off, but the issue really stems from the lease program. I haven't been able to find any 2018 models left in my area, which has been the issue. Do you think it would it be worth it for me to really try to scour the area for a 2018 to get a better deal? The model is almost unchanged at this point so the issue is only inventory, not anything to do with new features or upgrades.
  • kyfdxkyfdx Moderator Posts: 236,681
    gaspopus said:

    That's what I thought as well. It seems that based on the calculations, it's not far off, but the issue really stems from the lease program. I haven't been able to find any 2018 models left in my area, which has been the issue. Do you think it would it be worth it for me to really try to scour the area for a 2018 to get a better deal? The model is almost unchanged at this point so the issue is only inventory, not anything to do with new features or upgrades.

    Yes.. I'd do a hard search for 2018 models, and expect a big discount from MSRP.
    The lease program isn't a lot better than the 2019, but the discounts should be a lot bigger.

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  • gaspopusgaspopus Member Posts: 5
    Great!  I’m on the hunt now and will see what I can find.  Thanks so much for your assistance!
  • minivandad96minivandad96 Member Posts: 1
    looking for MF and Res on 2018 EX-L w/RES 36/15k and 36/12K zip code 01106

    monthly payment based $40,435 MSRP
  • kyfdxkyfdx Moderator Posts: 236,681

    looking for MF and Res on 2018 EX-L w/RES 36/15k and 36/12K zip code 01106

    monthly payment based $40,435 MSRP

    .00184 MF and 55%/57% residual
    $300 lease cash

    Can't calculate a lease payment without the selling price and/or adjusted CAP cost.

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  • kuntzskuntzs Member Posts: 3
    This is the quote I got today on a 2018 touring. It does include the remaining $838.00 on my current lease, they said they "may" be able to take care of it if I was ok with paying $650.00 per month. This seems really high to me,  but the last odyssey lease I had was for a 2012 Elite model and only paid $509.00 a month. Does this seem typical or  high to you? Thanks in advance. 
  • kyfdxkyfdx Moderator Posts: 236,681
    kuntzs said:

    This is the quote I got today on a 2018 touring. It does include the remaining $838.00 on my current lease, they said they "may" be able to take care of it if I was ok with paying $650.00 per month. This seems really high to me,  but the last odyssey lease I had was for a 2012 Elite model and only paid $509.00 a month. Does this seem typical or  high to you? Thanks in advance. 

    The calculations are correct.
    The residual program isn't great.
    There aren't many incentives on the Odyssey and the money factor is high.
    That is a 7% discount from MSRP. The only place I see to save money is on the selling price.
    Or, wait until your lease is up.. that adds $25/mo.

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  • bc88bc88 Member Posts: 33
    I hate to ask but any change on the lease deals, mf, etc. for August?
  • kyfdxkyfdx Moderator Posts: 236,681
    bc88 said:

    I hate to ask but any change on the lease deals, mf, etc. for August?

    No.. the July programs run through September 4th

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  • QuakerQuaker Member Posts: 85
    Hello-

    I would like to get the MF and Residual for the 2018 Honda Odyssey Elite and the 2018 Honda Odyssey Touring, 3 years and 36,000 miles. I am located in the Las Vegas, Nevada metropolitan area. I also would be interested in knowing of any lease incentives or customer/dealer cash.

    Thanks!
  • kyfdxkyfdx Moderator Posts: 236,681
    Quaker said:

    Hello-

    I would like to get the MF and Residual for the 2018 Honda Odyssey Elite and the 2018 Honda Odyssey Touring, 3 years and 36,000 miles. I am located in the Las Vegas, Nevada metropolitan area. I also would be interested in knowing of any lease incentives or customer/dealer cash.

    Thanks!

    .00184 MF
    56%/55% residual for Touring/Elite
    $800 incentive

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  • lesterbgnlesterbgn Member Posts: 52
    edited August 2018
    Please,

    Lease MF/RV and incentives for Odyssey LX 36/12 in NJ
  • kyfdxkyfdx Moderator Posts: 236,681
    lesterbgn said:

    Please,

    Lease MF/RV and incentives for Odyssey LX 36/12 in NJ

    .00184 MF and 55% residual
    $300 incentive

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  • yjaganryjaganr Member Posts: 37
    Can I please get the MF,RV and incentives for 2018 Odyssey EX-L NAV-RES/Touring for 36/12 in Zip 95630.
  • kyfdxkyfdx Moderator Posts: 236,681
    yjaganr said:

    Can I please get the MF,RV and incentives for 2018 Odyssey EX-L NAV-RES/Touring for 36/12 in Zip 95630.

    57%/56% residual
    .00184 MF
    $300 incentive

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  • jassiekjassiek Member Posts: 131
    edited August 2018
    Please provide MF , RV, lease incentives for 2018 EX-L for 36/10 and 36/12 in zip 11554.
    Thank You
  • MichaellMichaell Moderator Posts: 240,955
    jassiek said:

    Please provide MF , RV, lease incentives for 2018 EX-L for 36/10 and 36/12 in zip 11554.
    Thank You

    No 10K allowance from Honda

    36/12 - .00184 and 58%
    $800 lease cash

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  • livewirelivewire Member Posts: 5
    Need help with the quote below. I live in WA and got this from a local dealership. Seems a bit high to me. Your thoughts please.

    2018 Honda Odyssey EXL Navi Res
    MSRP: $40,455
    Selling Price: $36,500
    CAP Cost: $37,250.00
    Money Factor: .00184
    Residual Value: $23,218.38
    Monthly Payment: $501.03+ your sales tax
  • MichaellMichaell Moderator Posts: 240,955
    livewire said:

    Need help with the quote below. I live in WA and got this from a local dealership. Seems a bit high to me. Your thoughts please.

    2018 Honda Odyssey EXL Navi Res
    MSRP: $40,455
    Selling Price: $36,500
    CAP Cost: $37,250.00
    Money Factor: .00184
    Residual Value: $23,218.38
    Monthly Payment: $501.03+ your sales tax

    What lease term and how many miles per year?

    We don't track pricing, so can't tell you if there is room to move.

    The MF is correct, however.

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  • livewirelivewire Member Posts: 5
    Michaell said:

    livewire said:

    Need help with the quote below. I live in WA and got this from a local dealership. Seems a bit high to me. Your thoughts please.

    2018 Honda Odyssey EXL Navi Res
    MSRP: $40,455
    Selling Price: $36,500
    CAP Cost: $37,250.00
    Money Factor: .00184
    Residual Value: $23,218.38
    Monthly Payment: $501.03+ your sales tax

    What lease term and how many miles per year?

    We don't track pricing, so can't tell you if there is room to move.

    The MF is correct, however.
    12k miles / 36 months
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