2019 Honda Odyssey Elite deal opinions

Ask the Hackrs
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1

Hi all, would greatly appreciate some feedback on this potential deal:

2019 Honda Odyssey Elite
36mo / 12k mi
MSRP $47,965
Sales price $43,437
Cap cost $44,661
MF 0.00143
Residual 57%
$0 down, inceptions only
$625/mo including FL 7% tax

Thanks!

2

Ouch that’s painful. Just finance it considering $625 over 60 months is over $37000. The Odyssey is just an awful lease value

3

Looks pricey how much are the inceptions?

4

Thats insane even for a top of a line minivan.

3 Likes
5

Thanks. Is the consensus that the deal isn’t great because the Odyssey just isn’t a good lease value? Or is it just the numbers for this particular deal?

6

Hondas do not lease well. Resids too low, no crazy incentives to overcome that. Buy and sell in a few years and you will net less out of pocket if market behaves as in the past (where you can sell Hondas for a good price on open market)