Best Minivan Lease Deals November 2026: Honda Odyssey

Last updated: November 4, 2026, updated monthly directly from manufacturer websites

Part of our monthly best lease deals coverage. See all vehicle types ranked.

The 2027 Honda Odyssey is the best minivan lease deal in November 2026 at 1.32% LVR, $449 a month with $4,199 due at signing over 36 months. Honda trimmed the payment by $10 this month.

It’s a thinner month. Honda pulled the 2026 Odyssey offer that led in October, so we track five vans instead of six, and none rates better than Average. Kia kept all four Carnival offers the same, and 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.
Key takeaways for November 2026
  • The 2027 Honda Odyssey is the best minivan lease at 1.32% LVR after Honda cut its payment by $10
  • Honda dropped the 2026 Odyssey offer, which led in October at 1.17%, so the category shrank to 5 offers from 6
  • No minivan rates Fair or better this month. All five sit in Average territory
  • The four Kia Carnival offers didn’t change, and the Carnival MPV Hybrid still matches the gas van at 1.38%
  • A three-row SUV beats every minivan on value. The Hyundai IONIQ 9 sits at 0.95%

Best minivan lease deals right now

All five advertised minivan leases for November 2026, ranked by Lease Value Ratio.

#1 Minivan Lease Deal
2027 Honda Odyssey 1.32%, Average
Monthly
$449
At signing
$4,199
Term
36 months
Sticker
$42,795
Total cost
$20,363
Expires
Jan 4

The 2027 Odyssey is the best minivan lease this month at 1.32%. Honda cut the payment from $459 to $449 and kept $4,199 due at signing over 36 months.

It takes the top spot because Honda dropped the 2026 Odyssey offer that led in October at 1.17%. The 2027 rates Average, like every van on the page.

#2 Minivan Lease Deal
2026 Kia Carnival MPV 1.38%, Average
Monthly
$399
At signing
$3,999
Term
36 months
Sticker
$36,990
Total cost
$18,363
Expires
Jan 4

The 2026 Carnival MPV is unchanged at $399 a month with $3,999 at signing, 1.38% on a $36,990 sticker.

It has the lowest payment of any minivan, $50 a month under the Odyssey. The Odyssey still rates better because its sticker is $5,805 higher.

#3 Minivan Lease Deal
2026 Kia Carnival MPV Hybrid 1.38%, Average
Monthly
$459
At signing
$3,999
Term
36 months
Sticker
$41,390
Total cost
$20,523
Expires
Jan 4

The 2026 Carnival MPV Hybrid ties the gas Carnival at 1.38%, $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 cheapest electrified minivan lease this month.

#4 Minivan Lease Deal
2027 Kia Carnival MPV 1.39%, Average
Monthly
$409
At signing
$3,999
Term
36 months
Sticker
$37,490
Total cost
$18,723
Expires
Jan 4

The 2027 Carnival MPV carries October’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.

#5 Minivan Lease Deal
2027 Kia Carnival MPV Hybrid 1.40%, Average
Monthly
$469
At signing
$3,999
Term
36 months
Sticker
$41,490
Total cost
$20,883
Expires
Jan 4

The 2027 Carnival MPV Hybrid is unchanged 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.

Get competing dealer prices before you sign

Prices on the same minivan can vary by thousands between dealers. Check what is available near you.

Get competing dealer prices

All minivan lease deals ranked

Every advertised minivan lease offer reviewed this November, sorted by value ratio. Click any column header to sort.

# ↕
Vehicle ↕
Monthly ↕
At signing ↕
Term ↕
Sticker ↕
Total cost ↕
Value ratio ↕
Rating
12027 Honda Odyssey
Minivan
Check prices
$449$4,19936 mo$42,795$20,3631.32%Average
22026 Kia Carnival MPV
Minivan
Check prices
$399$3,99936 mo$36,990$18,3631.38%Average
32026 Kia Carnival MPV Hybrid
Minivan
Check prices
$459$3,99936 mo$41,390$20,5231.38%Average
42027 Kia Carnival MPV
Minivan
Check prices
$409$3,99936 mo$37,490$18,7231.39%Average
52027 Kia Carnival MPV Hybrid
Minivan
Check prices
$469$3,99936 mo$41,490$20,8831.40%Average

Sourced from manufacturer websites November 4, 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 Carnival advertises $399 a month and the 2027 Odyssey $449, but one is a $36,990 van and the other is $42,795.

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.

Adjusted monthly = payment + (at signing / term)
Value ratio = adjusted monthly / sticker x 100

For minivans, anything under 1.20% is a fair deal. No van clears that bar this month. All five sit in Average territory between 1.32% 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.

Under 0.80% Excellent. No minivan reaches this tier in November 2026.
0.80% to 1.00% Good. Nothing in the category comes close this month.
1.00% to 1.20% Fair. No minivan lands here this month. The 2026 Odyssey did in October at 1.17%.
1.20% to 1.50% Average. All five vans land here, from the 2027 Odyssey at 1.32% to the 2027 Carnival MPV Hybrid at 1.40%.
Over 1.50% Walk away. No minivan is this bad in November 2026.

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 Hyundai IONIQ 9 sits at 0.95% LVR and the Kia EV9 at 1.05%, against the Odyssey’s 1.32%. In total, 43 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 November 2026: if you want the best lease value in a three-row, look at the IONIQ 9 or EV9 first. If sliding doors matter to how you actually use the vehicle, the 2027 Odyssey at 1.32% is the best minivan available.

Frequently asked questions

The 2027 Honda Odyssey at 1.32% LVR, $449 per month with $4,199 due at signing on a $42,795 van over 36 months. It rates Average, as every minivan does this month, but it’s the best of the five.
It’s an average one. The 2026 Kia Carnival MPV Hybrid rates 1.38%, $459 a month with $3,999 at signing. That’s the same ratio as the gas Carnival, so you aren’t paying a premium for the hybrid. The 2027 Odyssey is a little better value at 1.32%.
Honda no longer advertises it. In October the 2026 Odyssey led this page at 1.17%, $399 a month with $3,999 at signing over 39 months. Only the 2027 offer is listed now. Dealers with 2026 vans left may still match the old terms, so ask.
On value, the SUV. The Hyundai IONIQ 9 at 0.95% and the Kia EV9 at 1.05% both beat the best minivan by a wide margin. On practicality, sliding doors and a flat load floor are things no three-row SUV matches, and that’s worth paying for if you use them daily.
Five, down from six in October: the 2027 Honda Odyssey, the 2026 and 2027 Kia Carnival MPV, and the 2026 and 2027 Carnival MPV Hybrid. The Chrysler Pacifica, including the Pacifica Plug-In Hybrid, is tracked with no lease offer attached.

These offers may vary based on location, credit score, and financing terms, and are not guaranteed. Use our free service to check discount car prices to get the best prices that include current manufacturer offers and incentives.

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