Cost example updated October 24, 2026
Get the free Car Buyer’s Cheat Sheet, 7 things to know before you sign anything. The numbers that matter, in plain English, on one page.
Join the Driveonomics email list. Occasional useful updates, no spam, unsubscribe anytime.
Start with the price you will actually pay
For a representative example, use a 2026 Honda Odyssey EX-L at $44,290 including destination ($42,795 plus a $1,495 destination charge, the delivery fee every dealer adds). SlashGear, CarGurus, and Honda dealer pricing pages all list the same $44,290 figure. Trims run from this EX-L up to the Sport-L at $45,390, the Touring at $48,990, and the Elite at $53,190, so replace this starting point with a written quote for the exact trim you are considering.
One honest gap, stated plainly: Honda's launch pricing for the 2026 model year listed the EX-L at $42,795 before destination with a $1,450 destination charge, which adds up to $44,245, $45 less than the $44,290 used here. The destination charge itself moved during the model year. A $45 difference moves the five-year total by only about $50 once tax and interest are counted, but a written quote is still the number to trust over any list price.
The down payment does not make the Odyssey cheaper; it changes how much you finance. With 10% down ($4,429), 8% APR (the yearly interest rate on the loan) and 60 months, this example finances $43,861 at $889 a month, and the loan costs about $9,500 in interest over five years. Tax and fees are rolled into the loan in this example, meaning the 7% sales tax and the $900 in title and dealer fees are borrowed along with the car, not paid in cash up front, which is why the financed amount is higher than the price minus the down payment.
Fuel: the V6 line item
The 3.5-liter V6 is rated 22 mpg combined (19 city, 28 highway, per Honda's EPA ratings, Kelley Blue Book, and Edmunds, all three agree). At 12,000 miles a year that is about 545 gallons annually, roughly $11,326 over five years at $4.153 a gallon (the EIA national average for the week ending November 2, 2026). Real-world results move with load and right foot: a van full of kids and gear on short trips drinks more than the rating.
The comparison worth knowing: the Odyssey has no hybrid version and no all-wheel-drive version, every trim runs the same gas V6 with front-wheel drive only. A hybrid rival rated 36 mpg combined would burn roughly $4,404 less fuel over five years at the same miles and gas price. That gap is real, but it is a fuel gap, not a whole-cost verdict: the hybrid rival's own price, insurance, and value loss still belong in the same five-bucket math. The method is in the EV vs. gas guide: miles divided by mpg, times price, times years.
Depreciation is still the biggest bucket
Depreciation is the value your car loses over time, and on the Odyssey it is the largest single cost on this page. iSeeCars' comparison data puts the Odyssey's five-year value loss at about 43.4%, it keeps roughly 57% of its price, which is strong for a family vehicle. CarEdge lands in the same place, about 43% lost. On a $44,290 purchase, plan on roughly $25,068 after five years, about $19,222 of depreciation, roughly $320 a month.
That resale figure is a planning assumption, not a forecast, and the sources do not fully agree: a separate iSeeCars model page puts the five-year loss at 37.9% instead of 43.4%, which would cut the depreciation on this example by about $2,436 and the five-year total to about $55,712. Edmunds' own cost-to-own work for the 2025 EX-L is lower still, but it is built on different price and financing assumptions, so it is not directly comparable. Run a second scenario with resale 10% lower so the decision does not depend on an optimistic used market.
Insurance runs family-van money
Full-coverage averages for the Odyssey cluster between about $144 and $188 a month depending on the source (Compare.com at $153, MoneyGeek at $144, Jerry at $148 for the EX-L, and CarEdge at about $188 a month on an annual figure). This example uses $160 a month, or $9,600 over five years. Premiums depend heavily on the driver, ZIP code, coverage and insurer, so get a quote on the exact trim with matching deductibles and limits before treating any average as yours.
Odyssey maintenance costs: steady, with one big year
Edmunds' five-year cost-to-own work for the 2025 EX-L puts maintenance at $4,100 plus $799 in repairs, about $980 a year combined, measured at 15,000 miles a year. CarEdge's maintenance-only figure is lower, about $516 a year, before repairs. This example allows $900 a year, or $4,500 all-in, between the two, covering routine service, one set of tires inside five years at 60,000 miles, and a cushion for the out-of-warranty items that show up once the 3-year/36,000-mile basic warranty ends (the powertrain warranty runs 5 years/60,000 miles).
The full five-year example
Every figure below comes from the site's own calculator math. The stated inputs are: 2026 Honda Odyssey EX-L, $44,290 price including $1,495 destination, 10% down ($4,429), 8% APR, 60 months, 7% sales tax, $900 in title and dealer fees, tax and fees rolled into the loan, 12,000 miles per year, 22 mpg, $4.153 per gallon (EIA national average, week ending November 2, 2026), $160 per month insurance, $900 per year maintenance, $25,068 resale value after five years.
- Depreciation: $19,222 ($44,290 minus $25,068 resale)
- Insurance: $9,600 ($160 x 60 months)
- Fuel: $11,326 (12,000 / 22 x $4.153 x 5 years)
- Maintenance: $4,500 ($900 x 5 years)
- Tax, fees and interest: $13,500 ($3,100 sales tax, $900 fees, $9,500 loan interest)
That totals roughly $58,148, or about $969 a month. Notice what that says about the $889 payment: on this vehicle the payment is not the whole story, it is about 92% of the average month's true cost, and during the loan years the cash actually going out is the payment plus insurance, fuel and upkeep.
Formula
The five-year total is the sum of five buckets: depreciation, insurance, fuel, maintenance, and tax, fees and interest. Depreciation is the $44,290 price minus the $25,068 resale value after five years, which is $19,222. Insurance is $160 a month times 60 months, which is $9,600. Fuel is 12,000 miles a year divided by 22 miles per gallon, times $4.153 a gallon, times 5 years, which is about $11,326. Maintenance is $900 a year times 5 years, which is $4,500. Tax, fees and interest is 7% sales tax on $44,290, which is $3,100, plus $900 in title and dealer fees, plus about $9,500 of loan interest, which is $13,500.
Added together, $19,222 plus $9,600 plus $11,326 plus $4,500 plus $13,500 equals $58,148, or about $969 a month. The amount financed is the $44,290 price plus $3,100 sales tax plus $900 in fees, minus the $4,429 down payment, which is $43,861. The tax and fees are rolled into the loan. At 8% APR over 60 months, the payment on $43,861 is $889 a month, and the loan costs about $9,500 in interest over five years.
Why Odyssey buyers should think past year five
Minivans are keepers, families run them a decade or more, and that is where the economics can improve: the loan ends at year five, and the depreciation curve flattens. The costs that arrive in years six through ten are the wear-and-repair years: a second tire set, suspension work, and the out-of-warranty items noted above. The keep it 10 years guide shows how to extend this same math honestly.
Shopping the Odyssey against a three-row SUV? The Car Showdown runs any two vehicles through the same five buckets side by side. For the value-loss bucket in detail, see why cars lose value.
Enter the Odyssey purchase price, insurance quote, your real annual mileage, local fuel price, tire allowance and conservative resale value in the calculator. Then change only the inputs that differ to test a used Odyssey, a higher trim, or a longer ownership horizon.
Buying in Texas? Texas adds its own layer to these numbers, a 6.25% sales tax, its own fees, and some of the highest insurance in the country. See the true cost of a car in Texas. Shopping for the family on a monthly budget? See family cars under $400 a month, and note the Odyssey's own example here lands well above that line.
Calculation transparency
Jurisdiction. United States. Sales tax, titling, registration and insurance rules are set by your state, so your exact numbers depend on where you buy and register the car. The 7% sales tax and $900 in fees in this example are planning figures, not any one state's actual rates.
Rules and time period. Five years, 12,000 miles a year, gas at $4.153 a gallon (EIA national average, week ending November 2, 2026), 8% APR, 60 months, 10% down. The resale value is a planning assumption, not a forecast.
Scope and limitations. Educational estimate only. Insurance and maintenance are planning figures, not quotes. Get a real quote for the same trim, coverage and loan before you decide.
iSeeCars' own pages disagree on the Odyssey's five-year value loss: its comparison data puts it at 43.4% while its dedicated Odyssey page puts it at 37.9%, and CarEdge lands near 43%, so the 43.4% figure used here is kept as a planning assumption, not as a current reading.
Source links checked November 6, 2026. Figures: Honda dealer pricing for the 2026 Odyssey EX-L, $44,290 including destination; EPA combined fuel economy, 22 mpg; Compare.com Odyssey full-coverage average, $153 a month; MoneyGeek Odyssey full-coverage average, $144 a month; EIA weekly gas prices (week ending November 2, 2026).
Primary sources: Germain Honda, 2026 Honda Odyssey EX-L pricing; fueleconomy.gov, EPA fuel economy ratings; Compare.com, Honda Odyssey car insurance; MoneyGeek, Honda Odyssey insurance cost; EIA, Gasoline and Diesel Fuel Update. How the numbers are calculated is written down on the methodology page, and every source is listed on the sources page.
Definitions
Depreciation. The value a car loses over time. On this page, the $44,290 price minus the $25,068 resale value after five years, which is $19,222.
Resale value. What the car is worth after five years in this example, $25,068. A planning assumption, not a forecast.
APR. Annual percentage rate, the yearly interest rate on the loan. This example uses 8%.
Down payment. The cash paid up front. Here it is 10%, or $4,429.
Destination charge. The delivery fee every dealer adds. It is $1,495 on the Odyssey, included in the $44,290 price, which is $42,795 before destination.
Combined mpg. The EPA city and highway ratings blended into one figure. It is 22 for the V6, 19 in the city and 28 on the highway.
Full coverage. Insurance that covers damage to your own car as well as damage to others. Published averages cluster between about $144 and $188 a month; this example uses $160 a month.
Powertrain warranty. The warranty on the engine and transmission. It runs 5 years or 60,000 miles, while the basic warranty ends at 3 years or 36,000 miles.
Questions people actually ask
How much does a Honda Odyssey cost per month?
In the example on this page, about $969 a month over five years, all-in. The loan payment alone is $889 a month; insurance, fuel, and upkeep make up the rest.
How much is insurance on a Honda Odyssey?
Published full-coverage averages for the Odyssey run about $144 to $188 a month, depending on the source. This example uses $160 a month, or $9,600 over five years. Your own quote depends on the driver, ZIP code, coverage, and insurer.
Does the Honda Odyssey come in all-wheel drive or hybrid?
No. Every Odyssey runs the same gas V6 with front-wheel drive only, rated 22 mpg combined. There is no hybrid Odyssey and no all-wheel-drive Odyssey in this generation.
How much value does a Honda Odyssey lose in 5 years?
About 43.4% of its price, per iSeeCars comparison data and CarEdge, which works out to about $19,222 lost on the $44,290 example here. One iSeeCars model page says 37.9% instead, which would cut that loss by about $2,436.
How much does it cost to maintain a Honda Odyssey?
This example allows $900 a year, or $4,500 all-in, between the two sources, covering routine service, one set of tires inside five years at 60,000 miles, and a cushion for the out-of-warranty items that show up once the 3-year/36,000-mile basic warranty ends. Edmunds puts maintenance at $4,100 plus $799 in repairs, about $980 a year combined, and CarEdge puts maintenance alone at about $516 a year, before repairs.
Related: other three-row SUVs in the same lane: Honda Pilot, about $1,064 a month, Toyota Highlander, about $1,027 a month, Toyota Grand Highlander, about $906 a month, Chevrolet Traverse, about $962 a month, Dodge Durango, about $912 a month, Ford Explorer, about $1,034 a month, Hyundai Palisade, about $1,009 a month, Kia Telluride, about $1,118 a month, Chevrolet Tahoe, about $1,512 a month.
Related: minivans in the same lane: Toyota Sienna, about $946 a month. deciding between them: minivan vs 3-row SUV cost, do you really need a 3-row SUV, mid-size vs full-size 3-row SUV cost, can a family car fit $400 or $600 a month, what a family road trip costs in gas.