23 Honda Odyssey Elite. Rate my lease deal offer

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1

Color: Platinum White Pearl
Lease Details

Retail Price: 51,450.00
Sales Price:49,000.00
Savings: 2,450.00
Government Fees:306.00
Doc and CVR Fees: 338.60
Mileage
P l a n : 1 2 , 0 0 0 m i 0%
Expected:
Selected Terms
Term:
36 Monthly Payment: $813
Capitalized Taxes: 2,259.00
Security Deposit: 0.00
Acquisition Fee: 595.00
Gross Cap Cost:
52,498.60
Trade Allowance: 0.00
Trade Payoff. 0.00
Trade Equity: 0.00
Rebate: 0.00
Cash Down: 0.00
Net Cap Cost: 52,498.60

Thoughts on this deal? It’s in Illinois in the Chicago suburbs for a 23 Honda Odyssey Elite on a 36/12 lease.

Thank you

2

You always need to evaluate which structure is better. So what advantages does leasing offer you here vs financing?

3

Largely not wanting to open and deal with post warranty maintenance.

4

You can extend the warranty up to 5, 6 or 7 years. Doesn’t mean you have to hold it that long. But gives you flexibility to pick and choose your next deal instead of being under the gun as a lease ends.

You’ll save a ton of money getting into a cycle of trading in every 4+ years instead of leasing every 3 years on these cars.