09 Honda Accord, Odyssey Lease Rates – April 2009

logo_hondaMy Take: It’s rather funny how most people associate “high resale value” with all of Honda’s cars when in reality, only a select few retain their value well. Take the Odyssey for example, this is probably the best minivan on the road, yet its residual value is a paltry 46% after 36 months. Lease residual values may poor guestimates of real resale value, but there is still some truth to them (In most cases, resale are that much better while trade-in values are much worse). The only two rides that hold value exceptionally well are the Civic and the Accord, since they are fairly inexpensive and highly sought after. Normally, I would take the time to calculate the payment estimates for these two rides, but with the money factors this high, I would recommend that you look into a purchase instead of a lease.

2009 Honda Accord

2009 Honda Accord Coupe EX-L
24-month | 15k miles | residual 61% | .00225 base money factor
36-month | 15k miles | residual 54% | .00225 base money factor
48-month | 15k miles | residual 45% | .00305 base money factor

2009 Honda Odyssey

2009 Honda Odyssey EX-L w/ Res & Nav
24-month | 15k miles | residual 53% | .00250 base money factor
36-month | 15k miles | residual 46% | .00250 base money factor
48-month | 15k miles | residual 38% | .00305 base money factor

2 thoughts on “09 Honda Accord, Odyssey Lease Rates – April 2009

    • @steve. i’ll look into it. I don’t get much Odyssey info normally as you can see, so hopefully there’s something this month.

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