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2019 Honda Odyssey Lease Deals and Prices

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Comments

  • MichaellMichaell Moderator Posts: 240,145
    lgcar224 said:

    kyfdx said:

    lgcar224 said:

    Hello,

    looking for MF and residual on an EX-L 36/12k in 06511 please!

    TIA

    .00220 MF and 61% residual
    Thanks! Any incentives? Got some preliminary figures that seem quite high:
    MSRP: $38,605
    CC: $38,061

    $619/month for 36 months with no money down
    No incentives for the 2019.

    I get $539/mo plus tax with those prices.

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  • QuakerQuaker Member Posts: 85
    kyfdx said:

    Quaker said:

    Hello-

    I would like to get the MF and Residual for the 2019 Honda Odyssey Elite and the 2019 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!

    .00220 MF
    59%/58% residual for Touring/Elite

    No incentives
    Thanks, kyfdx!

    For comparison purposes I also would appreciate receiving the MF and Residual for the 2018 Honda Odyssey Touring, 3 years and 36,000 miles. I would be interested in knowing of any lease incentives or customer/dealer cash for this vehicle. Thanks, again!
  • lgcar224lgcar224 Member Posts: 14
    Michaell said:

    lgcar224 said:

    kyfdx said:

    lgcar224 said:

    Hello,

    looking for MF and residual on an EX-L 36/12k in 06511 please!

    TIA

    .00220 MF and 61% residual
    Thanks! Any incentives? Got some preliminary figures that seem quite high:
    MSRP: $38,605
    CC: $38,061

    $619/month for 36 months with no money down
    No incentives for the 2019.

    I get $539/mo plus tax with those prices.

    Thanks! I ended up chatting with a different dealership that sent me the following offer. They are in 02771 while the car would be registered to me at 06511. They are showing a MF of .00240. What do you think?


  • kyfdxkyfdx Moderator Posts: 235,200
    Quaker said:

    kyfdx said:

    Quaker said:

    Hello-

    I would like to get the MF and Residual for the 2019 Honda Odyssey Elite and the 2019 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!

    .00220 MF
    59%/58% residual for Touring/Elite

    No incentives
    Thanks, kyfdx!

    For comparison purposes I also would appreciate receiving the MF and Residual for the 2018 Honda Odyssey Touring, 3 years and 36,000 miles. I would be interested in knowing of any lease incentives or customer/dealer cash for this vehicle. Thanks, again!
    Please post in the 2018 discussion, here:
    https://forums.edmunds.com/discussion/45631/honda/odyssey/2018-honda-odyssey-lease-deals-and-prices#latest

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  • kyfdxkyfdx Moderator Posts: 235,200
    lgcar224 said:

    Michaell said:

    lgcar224 said:

    kyfdx said:

    lgcar224 said:

    Hello,

    looking for MF and residual on an EX-L 36/12k in 06511 please!

    TIA

    .00220 MF and 61% residual
    Thanks! Any incentives? Got some preliminary figures that seem quite high:
    MSRP: $38,605
    CC: $38,061

    $619/month for 36 months with no money down
    No incentives for the 2019.

    I get $539/mo plus tax with those prices.

    Thanks! I ended up chatting with a different dealership that sent me the following offer. They are in 02771 while the car would be registered to me at 06511. They are showing a MF of .00240. What do you think?


    The numbers in the right-hand column are for purchase/finance, not lease. (note the sales tax number).

    Obviously, this is a better quote than the last one.

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  • QuakerQuaker Member Posts: 85
    kyfdx said:

    Quaker said:

    kyfdx said:

    Quaker said:

    Hello-

    I would like to get the MF and Residual for the 2019 Honda Odyssey Elite and the 2019 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!

    .00220 MF
    59%/58% residual for Touring/Elite

    No incentives
    Thanks, kyfdx!

    For comparison purposes I also would appreciate receiving the MF and Residual for the 2018 Honda Odyssey Touring, 3 years and 36,000 miles. I would be interested in knowing of any lease incentives or customer/dealer cash for this vehicle. Thanks, again!
    Please post in the 2018 discussion, here:
    https://forums.edmunds.com/discussion/45631/honda/odyssey/2018-honda-odyssey-lease-deals-and-prices#latest
    I apologize. I overlooked your response to my initial request in that discussion. Thanks!
  • Carl1357Carl1357 Member Posts: 6
    What is the latest (August) MF and residual for a 2019 Honda Odyssey EX-L 36/12? I'm told it's 0.0024 but I've seen a lot of mentions of .0022 on this thread. Has it changed now that we're in August, or is it just different for different trims (EX, EX-L, touring, etc.)?

    Also, any chance the MF will be lower after Labor Day?
  • MichaellMichaell Moderator Posts: 240,145
    Carl1357 said:

    What is the latest (August) MF and residual for a 2019 Honda Odyssey EX-L 36/12? I'm told it's 0.0024 but I've seen a lot of mentions of .0022 on this thread. Has it changed now that we're in August, or is it just different for different trims (EX, EX-L, touring, etc.)?

    Also, any chance the MF will be lower after Labor Day?

    I show .00220, .00230 if there is no security deposit of $595 made

    61% residual

    Anything is possible when the new numbers are released. I suppose it depends on how much 2018 inventory is still on the lots, as those would be the priority to move.

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  • Carl1357Carl1357 Member Posts: 6
    Thanks, @Michaell - very helpful. Is the $595 security deposit you're referring to the lease acquisition fee (also sometimes called the bank fee)? More generally, does this mean the MF changes depending on how much the initial down payment for the lease is?

    There seems to be very little 2018 inventory left, at least in my area. Even larger dealers seem to have only a few. Does this make it more likely the 2019 MF will go down in September?

    Michaell said:

    Carl1357 said:

    What is the latest (August) MF and residual for a 2019 Honda Odyssey EX-L 36/12? I'm told it's 0.0024 but I've seen a lot of mentions of .0022 on this thread. Has it changed now that we're in August, or is it just different for different trims (EX, EX-L, touring, etc.)?

    Also, any chance the MF will be lower after Labor Day?

    I show .00220, .00230 if there is no security deposit of $595 made

    61% residual

    Anything is possible when the new numbers are released. I suppose it depends on how much 2018 inventory is still on the lots, as those would be the priority to move.
  • kyfdxkyfdx Moderator Posts: 235,200
    Carl1357 said:

    Thanks, @Michaell - very helpful. Is the $595 security deposit you're referring to the lease acquisition fee (also sometimes called the bank fee)? More generally, does this mean the MF changes depending on how much the initial down payment for the lease is?

    There seems to be very little 2018 inventory left, at least in my area. Even larger dealers seem to have only a few. Does this make it more likely the 2019 MF will go down in September?



    Michaell said:

    Carl1357 said:

    What is the latest (August) MF and residual for a 2019 Honda Odyssey EX-L 36/12? I'm told it's 0.0024 but I've seen a lot of mentions of .0022 on this thread. Has it changed now that we're in August, or is it just different for different trims (EX, EX-L, touring, etc.)?

    Also, any chance the MF will be lower after Labor Day?

    I show .00220, .00230 if there is no security deposit of $595 made

    61% residual

    Anything is possible when the new numbers are released. I suppose it depends on how much 2018 inventory is still on the lots, as those would be the priority to move.
    The security deposit is not $595. It's the payment, rounded up to the next $25 increment.
    The lease acquisition fee is $595.

    Money factor does not change with money upfront, as long as you make the first payment at signing.

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  • Carl1357Carl1357 Member Posts: 6
    Thanks @kyfdx. What are the other factors that impact MF? Does it change based on zip code?
  • MichaellMichaell Moderator Posts: 240,145
    Carl1357 said:

    Thanks @kyfdx. What are the other factors that impact MF? Does it change based on zip code?

    The Honda numbers are national.

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  • kyfdxkyfdx Moderator Posts: 235,200
    Carl1357 said:

    Thanks @kyfdx. What are the other factors that impact MF? Does it change based on zip code?

    Credit score.. the lower the score, the higher the money factor

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  • lgcar224lgcar224 Member Posts: 14
    Michaell said:

    lgcar224 said:

    kyfdx said:

    lgcar224 said:

    Hello,

    looking for MF and residual on an EX-L 36/12k in 06511 please!

    TIA

    .00220 MF and 61% residual
    Thanks! Any incentives? Got some preliminary figures that seem quite high:
    MSRP: $38,605
    CC: $38,061

    $619/month for 36 months with no money down
    No incentives for the 2019.

    I get $539/mo plus tax with those prices.
    Hi there! After some back and forth with multiple dealers, here's what I got them down to:

    MSRP: 38605
    CC: 34322
    Conveyance fee: 499
    Government fee: 178
    Acquisition fee: 595

    They gave me a MF of .00230

    $504/month with $504 dive off cost.

    Thoughts on MF not being 00220?
  • kyfdxkyfdx Moderator Posts: 235,200
    lgcar224 said:

    Michaell said:

    lgcar224 said:

    kyfdx said:

    lgcar224 said:

    Hello,

    looking for MF and residual on an EX-L 36/12k in 06511 please!

    TIA

    .00220 MF and 61% residual
    Thanks! Any incentives? Got some preliminary figures that seem quite high:
    MSRP: $38,605
    CC: $38,061

    $619/month for 36 months with no money down
    No incentives for the 2019.

    I get $539/mo plus tax with those prices.
    Hi there! After some back and forth with multiple dealers, here's what I got them down to:

    MSRP: 38605
    CC: 34322
    Conveyance fee: 499
    Government fee: 178
    Acquisition fee: 595

    They gave me a MF of .00230

    $504/month with $504 dive off cost.

    Thoughts on MF not being 00220?
    Standard MF deals are sort of weird. It's possible that they require a security deposit, which is fairly rare in leases any more. It's possible the bump was to cover a waiver of the security deposit.

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  • DAD3kdsDAD3kds Member Posts: 2
    I am looking at 2019 Honda Odyssey Elite
    3/15k
    What is the MF and Residual for 22192.
    Thank you in advance :-) 

  • kyfdxkyfdx Moderator Posts: 235,200
    DAD3kds said:

    I am looking at 2019 Honda Odyssey Elite
    3/15k
    What is the MF and Residual for 22192.
    Thank you in advance :-) 

    .00220 MF
    56% residual

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  • DAD3kdsDAD3kds Member Posts: 2
    Thank you 
  • 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.

    2019 Honda Odyssey EXL
    MSRP: $38,605
    Selling Price: $35,775.00
    Cap Cost: $36,525.00
    Money Factor: .0024
    Residual Value: $23,549.05
    Monthly Payment: $504.62+ your sales tax

  • MichaellMichaell Moderator Posts: 240,145
    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.

    2019 Honda Odyssey EXL
    MSRP: $38,605
    Selling Price: $35,775.00
    Cap Cost: $36,525.00
    Money Factor: .0024
    Residual Value: $23,549.05
    Monthly Payment: $504.62+ your sales tax

    What lease term and how many miles per year?

    How much is due at signing.

    MF is about right, though the standard MF is kind of hard to pin down for Honda. We think it's .00220, but without the security deposit, it can go to .00230. Dealer can mark it up for extra profit, which may be what's happening here.

    As we don't track pricing, we can't tell you if yoiu can get a better selling price. Can't hurt to try.

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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.

    2019 Honda Odyssey EXL
    MSRP: $38,605
    Selling Price: $35,775.00
    Cap Cost: $36,525.00
    Money Factor: .0024
    Residual Value: $23,549.05
    Monthly Payment: $504.62+ your sales tax

    What lease term and how many miles per year?

    How much is due at signing.

    MF is about right, though the standard MF is kind of hard to pin down for Honda. We think it's .00220, but without the security deposit, it can go to .00230. Dealer can mark it up for extra profit, which may be what's happening here.

    As we don't track pricing, we can't tell you if yoiu can get a better selling price. Can't hurt to try.
    12k/36 months; Zero down at signing.
  • MichaellMichaell Moderator Posts: 240,145
    livewire said:

    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.

    2019 Honda Odyssey EXL
    MSRP: $38,605
    Selling Price: $35,775.00
    Cap Cost: $36,525.00
    Money Factor: .0024
    Residual Value: $23,549.05
    Monthly Payment: $504.62+ your sales tax

    What lease term and how many miles per year?

    How much is due at signing.

    MF is about right, though the standard MF is kind of hard to pin down for Honda. We think it's .00220, but without the security deposit, it can go to .00230. Dealer can mark it up for extra profit, which may be what's happening here.

    As we don't track pricing, we can't tell you if yoiu can get a better selling price. Can't hurt to try.
    12k/36 months; Zero down at signing.
    61% residual

    The calculations are spot on

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  • dukemoviedukemovie Member Posts: 2
    What should a 12k/36 lease be on a 2019 Honda Odyssey EXL for a zero down purchase price of $33,000 for zip code 38103?

    And if we used one pay - what would approximate payment be.

    Thank you!
  • MichaellMichaell Moderator Posts: 240,145
    dukemovie said:

    What should a 12k/36 lease be on a 2019 Honda Odyssey EXL for a zero down purchase price of $33,000 for zip code 38103?

    And if we used one pay - what would approximate payment be.

    Thank you!

    .00220 and 61%

    Would need to know the MSRP and adjusted CAP cost (selling price plus fees and taxes) in order to give you a payment.

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  • Carl1357Carl1357 Member Posts: 6
    When will we know if there are any changes post Labor Day (e.g. new MF)?
  • MichaellMichaell Moderator Posts: 240,145
    Carl1357 said:

    When will we know if there are any changes post Labor Day (e.g. new MF)?

    New numbers tomorrow.

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  • Carl1357Carl1357 Member Posts: 6
    Thanks @Michaell. Please post the new numbers when you have them.
  • MichaellMichaell Moderator Posts: 240,145
    Carl1357 said:

    Thanks @Michaell. Please post the new numbers when you have them.

    Got 'em.

    What term, trim and mileage?

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  • flapster82flapster82 Member Posts: 8
    edited September 2018
    Hello, may I have the residual and MF for the following in NNJ:

    Elite - 36 months, 10K/12K miles
    Elite - 39 months, 10K/12K miles

    Thanks.
  • Carl1357Carl1357 Member Posts: 6
    @Michaell - thanks! Looking for 36 months, Odyssey EX-L, 12K.
  • MichaellMichaell Moderator Posts: 240,145

    Hello, may I have the residual and MF for the following in NNJ:

    Elite - 36 months, 10K/12K miles
    Elite - 39 months, 10K/12K miles

    Thanks.

    No 10K allowance or 39 month term from Honda

    36/12 - .00160 and 58%

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  • MichaellMichaell Moderator Posts: 240,145
    Carl1357 said:

    @Michaell - thanks! Looking for 36 months, Odyssey EX-L, 12K.

    .00160 and 61%

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  • quattromikequattromike Member Posts: 110
    May I have the numbers for an Odyssey EX in 60515?  36/12 please
  • MichaellMichaell Moderator Posts: 240,145

    May I have the numbers for an Odyssey EX in 60515?  36/12 please

    .00160 and 59%

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  • Riz139Riz139 Member Posts: 2
    Hi

    Need Residual / MF for 2019 Odyssey EX-L 36/12 for Zip 93063 Please

    Thank you
  • kyfdxkyfdx Moderator Posts: 235,200
    Riz139 said:

    Hi

    Need Residual / MF for 2019 Odyssey EX-L 36/12 for Zip 93063 Please

    Thank you

    .00160 MF and 61% residual

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  • PharmBFoshoPharmBFosho Member Posts: 4
    2019 Honda Odyssey
    EX-L 4dr Mini-Van w/Navi and RES FWD
    MSRP $40,605
    sale price $35,698
    418 mo plus tax
    $0 down $350 doc fee
    36mo 12k
    just wanted to share.

  • kyfdxkyfdx Moderator Posts: 235,200

    2019 Honda Odyssey
    EX-L 4dr Mini-Van w/Navi and RES FWD
    MSRP $40,605
    sale price $35,698
    418 mo plus tax
    $0 down $350 doc fee
    36mo 12k
    just wanted to share.

    Thanks.. Congrats!

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  • R1champ529R1champ529 Member Posts: 6
    Hi, looking for Residual / MF for 2019 Odyssey EX-L 36/12 for Zips 30813 & 78108 Please

    Thanks
  • kyfdxkyfdx Moderator Posts: 235,200

    Hi, looking for Residual / MF for 2019 Odyssey EX-L 36/12 for Zips 30813 & 78108 Please

    Thanks

    .00160 MF and 61% residual

    Nationwide

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  • Cmfitz14Cmfitz14 Member Posts: 9
    Hi all - trying to grasp the numbers that make up a lease. Looking into a 2019 Honda Odyssey EX, sticker price is 35,055. We’d put $5,500 down, $345/month, 36months, 15,000 miles/year. Can someone shed some light on that - in terms of MF and residuals - and what that all means. If we were interested in buying it out at the end of the lease, what would we owe? The whole lease process slightly confuses me. What specific questions do you recommend I ask the salesperson?
  • MichaellMichaell Moderator Posts: 240,145
    Cmfitz14 said:

    Hi all - trying to grasp the numbers that make up a lease. Looking into a 2019 Honda Odyssey EX, sticker price is 35,055. We’d put $5,500 down, $345/month, 36months, 15,000 miles/year. Can someone shed some light on that - in terms of MF and residuals - and what that all means. If we were interested in buying it out at the end of the lease, what would we owe? The whole lease process slightly confuses me. What specific questions do you recommend I ask the salesperson?

    .00160 and 57%

    I'd suggest you read up on leasing, here, before trying to pull the trigger.

    https://www.edmunds.com/car-leasing/

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  • Cmfitz14Cmfitz14 Member Posts: 9
    What are your thoughts on the price - $345/month? For the EX. Does it seem high?
  • Cmfitz14Cmfitz14 Member Posts: 9
    Are the .00160 and 57% competitive numbers? Zip code is 14075
  • kyfdxkyfdx Moderator Posts: 235,200
    Cmfitz14 said:

    Are the .00160 and 57% competitive numbers? Zip code is 14075

    Those numbers are set by the bank.
    Cmfitz14 said:

    What are your thoughts on the price - $345/month? For the EX. Does it seem high?

    We'd need more details. Selling price? Adjusted CAP cost? Location?

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  • Cmfitz14Cmfitz14 Member Posts: 9
    Originally I was told the selling price was 35,055.... but I’m waiting to hear back if that’s lower. 
    My zip code is 14075

    waiting to hear what the adjusted CAP cost is
  • R1champ529R1champ529 Member Posts: 6

    2019 Honda Odyssey
    EX-L 4dr Mini-Van w/Navi and RES FWD
    MSRP $40,605
    sale price $35,698
    418 mo plus tax
    $0 down $350 doc fee
    36mo 12k
    just wanted to share.

    How do these numbers work? Not knowing the state but just using the national MF and RES, I get $481, not $418.. did you maybe fat finger this?
  • kyfdxkyfdx Moderator Posts: 235,200
    Cmfitz14 said:

    Originally I was told the selling price was 35,055.... but I’m waiting to hear back if that’s lower. 
    My zip code is 14075

    waiting to hear what the adjusted CAP cost is

    If you amortize the amount you are putting upfront, over the term of the lease, the actual monthly cost is closer to $500/mo. That seems like a lot.

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  • Cmfitz14Cmfitz14 Member Posts: 9
    We planned to trade in and get 4500 from that, plus another 1000 down. So $5500 down total.
  • kyfdxkyfdx Moderator Posts: 235,200
    Cmfitz14 said:

    We planned to trade in and get 4500 from that, plus another 1000 down. So $5500 down total.

    Yeah, I get that... It makes your total cost about $500/mo.

    35 X $345 = $12075 + $5500 = $17575 / 36 = $488/mo. (so,not quite $500)

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