Best Minivan Lease Deals October 2026: Honda Odyssey
Part of our monthly best lease deals coverage. See all vehicle types ranked.
The 2026 Honda Odyssey is the best minivan lease deal in October 2026 at 1.17% LVR, $399 a month with $3,999 due at signing over 39 months. Honda kept September’s terms, and it’s still the only minivan rated Fair.
The category grew to six offers from three. Honda added the 2027 Odyssey at 1.35%, and Kia added the Carnival MPV Hybrid in two model years. Chrysler still has no Pacifica lease offer.
We ranked every advertised minivan lease offer this month by Lease Value Ratio: your monthly payment plus due at signing spread evenly across the term, divided by the sticker price.
We review every advertised minivan lease offer each month and rank them by value against sticker price.- The 2026 Honda Odyssey is the best minivan lease at 1.17% LVR for a second month, on unchanged terms, and it’s still the only one rated Fair
- The category doubled to 6 offers from 3, with the 2027 Odyssey and two Kia Carnival MPV Hybrids added
- The new Carnival MPV Hybrid rates 1.38%, the same as the gas Carnival, and it’s the only electrified minivan with a lease offer
- The Chrysler Pacifica still has no advertised lease offer, and a three-row SUV beats every minivan on value. The Mazda CX-90 PHEV sits at 0.94%
Best minivan lease deals right now
All six advertised minivan leases for October 2026, ranked by Lease Value Ratio.
The 2026 Odyssey is the best minivan lease for a second month, on the same terms as September: $399 a month with $3,999 at signing over 39 months.
At 1.17% it’s the only minivan rated Fair. Every other van on the page sits in Average territory.
The 2027 Odyssey is new this month at 1.35%. Honda asks $60 a month more than for the 2026 van, $459 with $4,199 at signing, on a shorter 36-month term.
The sticker is the same $42,795, so the 2026 model is the better deal while dealers still have it.
The 2026 Carnival MPV is unchanged at $399 a month with $3,999 at signing, 1.38% on a $36,990 sticker.
It matches the 2026 Odyssey’s payment on a $5,805 cheaper van, which is why it rates worse. You get less vehicle for the same money.
The Carnival MPV Hybrid is new to our list and ties the gas Carnival at 1.38%. It’s $459 a month with $3,999 at signing on a $41,390 sticker.
You pay $60 a month more for the hybrid, and the higher sticker means the value works out the same. It’s the only electrified minivan with a lease offer this month.
The 2027 Carnival MPV carries September’s terms, $409 a month with $3,999 at signing, 1.39%.
One hundredth of a point separates it from the 2026 van. Take whichever one the dealer actually has.
The 2027 Carnival MPV Hybrid is new at 1.40%, $469 a month with $3,999 at signing.
It costs $10 a month more than the 2026 hybrid for a near-identical van, so the 2026 is the one to ask for.
All minivan lease deals ranked
Every advertised minivan lease offer reviewed this October, sorted by value ratio. Click any column header to sort.
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Sourced from manufacturer websites October 2, 2026. Offers vary by region and credit score. Value ratio = (monthly + at signing / term) / sticker x 100.
How to evaluate any minivan lease deal
The 30-second deal check
Minivans are priced close enough to each other that the monthly payment can look decisive when it isn’t. The 2026 Odyssey and the 2026 Carnival both advertise $399 a month, but one is a $42,795 van and the other is $36,990.
Take your monthly payment, add the amount due at signing divided by the number of months, then divide by the sticker price and multiply by 100.
Value ratio = adjusted monthly / sticker x 100
For minivans, anything under 1.20% is a fair deal. Only the 2026 Odyssey clears that bar this month, at 1.17%. The other five vans sit in Average territory between 1.35% and 1.40%.
What the ratings mean
Every deal on this page gets a rating based on its Lease Value Ratio, using the same thresholds we apply to every other vehicle type.
Should you lease a minivan or a three-row SUV instead?
This is the most common question minivan shoppers face right now, and the answer depends on what you are optimizing for.
On pure lease value, the best three-row SUVs are the better deal. The Mazda CX-90 PHEV sits at 0.94% LVR and the Hyundai IONIQ 9 at 0.95%, against the Odyssey’s 1.17%. In total, 15 SUVs on our SUV page rate better than the best minivan.
Where minivans still win: sliding rear doors, a flat floor, and interior volume no current three-row SUV fully matches. If you load strollers daily, manage young kids in tight parking spaces, or need maximum cargo floor, the practical case holds regardless of the lease math.
The honest answer for most buyers in October 2026: if you want the best lease value in a three-row, look at the CX-90 PHEV or IONIQ 9 first. If sliding doors matter to how you actually use the vehicle, the 2026 Odyssey at 1.17% is the best minivan available.
Frequently asked questions
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