2. CarTender Inc. September 2017
MINIVAN COMPARISON:
There are currently five minivan vehicles in the Canadian market:
2017 Dodge Grand Caravan
2017 Chrysler Pacifica
2017 Toyota Sienna
2018 Kia Sedona
2018 Honda Odyssey
We compare their latest pricing levels in Ontario
Let’s see what we’ve found
3. CarTender Inc. September 2017
Let’s first look at the price range of the different vehicles and their trim levels (each box shows
where the trim level starts).
ALL VALUES INCLUDE FEES, INCENTIVES, AND TAXES, REPRESENTING YOUR CLOSEST OUT-OF-POCKET AMOUNT.
$30,000 $40,000 $50,000 $60,000
Chrysler Pacifica 2017
Honda Odyssey 2018
Toyota Sienna 2017
Dodge Grand Caravan 2017
Kia Sedona 2018
Price that’s financed
4. CarTender Inc. September 2017
Now here are the trim levels.
ALL VALUES INCLUDE FEES, INCENTIVES, AND TAXES, REPRESENTING YOUR CLOSEST OUT-OF-POCKET AMOUNT.
$30,000 $40,000 $50,000 $60,000
Chrysler Pacifica 2017
Honda Odyssey 2018
Toyota Sienna 2017
Dodge Grand Caravan 2017
Kia Sedona 2018
L LX LX+ SX+ SXL SXL+
Canada Value
Package
SE Plus SXT
Blacktop
Crew GT
Base LE LE AWD
SE
XLE
Limited
Limited XLE
LX EX EX-L Touring
LX Touring Touring-L Limited
Touring-L Plus
Price that’s financed
5. CarTender Inc. September 2017
The Kia Sedona has the
cheapest starting price.
ALL VALUES INCLUDE FEES, INCENTIVES, AND TAXES, REPRESENTING YOUR CLOSEST OUT-OF-POCKET AMOUNT.
$30,000 $40,000 $50,000 $60,000
Chrysler Pacifica 2017
Honda Odyssey 2018
Toyota Sienna 2017
Dodge Grand Caravan 2017
Kia Sedona 2018
L LX LX+ SX+ SXL SXL+
Canada Value
Package
SE Plus SXT
Blacktop
Crew GT
Base LE LE AWD
SE
XLE
Limited
Limited XLE
LX EX EX-L Touring
LX Touring Touring-L Limited
Touring-L Plus
Price that’s financed
6. CarTender Inc. September 2017
ALL VALUES INCLUDE FEES, INCENTIVES, AND TAXES, REPRESENTING YOUR CLOSEST OUT-OF-POCKET AMOUNT.
$30,000 $40,000 $50,000 $60,000
Chrysler Pacifica 2017
Honda Odyssey 2018
Toyota Sienna 2017
Dodge Grand Caravan 2017
Kia Sedona 2018
L LX LX+ SX+ SXL SXL+
Canada Value
Package
SE Plus SXT
Blacktop
Crew GT
Base LE LE AWD
SE
XLE
Limited
Limited XLE
LX EX EX-L Touring
LX Touring Touring-L Limited
Touring-L Plus
Price that’s financed
The Chrysler Pacifica is
competing directly with
the Odyssey and Sienna.
7. CarTender Inc. September 2017
6 years
(72 months)
ALL VALUES INCLUDE FEES, INCENTIVES, AND TAXES, REPRESENTING YOUR CLOSEST OUT-OF-POCKET AMOUNT.
MONTHLY FINANCED PAYMENTS
$400 $500 $600 $700 $800 $900
Honda Odyssey 2018
Toyota Sienna 2017
Chrysler Pacifica 2017
Dodge Grand Caravan 2017
Kia Sedona 2018
$400 $500 $600 $700 $800 $900
Honda Odyssey 2018
Toyota Sienna 2017
Chrysler Pacifica 2017
Dodge Grand Caravan 2017
Kia Sedona 2018
3.49 %
3.49 %
0 %
1.49 %4.19 %
1.9 %
3.99 %
3.99 %
0 %
1.99 %
1.9 %
4.19 %
7 years
(84 months)
8. CarTender Inc. September 2017
6 years
(72 months)
ALL VALUES INCLUDE FEES, INCENTIVES, AND TAXES, REPRESENTING YOUR CLOSEST OUT-OF-POCKET AMOUNT.
MONTHLY FINANCED PAYMENTS
$400 $500 $600 $700 $800 $900
Honda Odyssey 2018
Toyota Sienna 2017
Chrysler Pacifica 2017
Dodge Grand Caravan 2017
Kia Sedona 2018
$400 $500 $600 $700 $800 $900
Honda Odyssey 2018
Toyota Sienna 2017
Chrysler Pacifica 2017
Dodge Grand Caravan 2017
Kia Sedona 2018
3.49 %
3.49 %
0 %
1.49 %4.19 %
1.9 %
3.99 %
3.99 %
0 %
1.99 %
1.9 %
4.19 %
7 years
(84 months)
Pacifica moves
to the middle
due to 0% rate
9. CarTender Inc. September 2017
6 years
(72 months)
ALL VALUES INCLUDE FEES, INCENTIVES, AND TAXES, REPRESENTING YOUR CLOSEST OUT-OF-POCKET AMOUNT.
MONTHLY FINANCED PAYMENTS
$400 $500 $600 $700 $800 $900
Honda Odyssey 2018
Toyota Sienna 2017
Chrysler Pacifica 2017
Dodge Grand Caravan 2017
Kia Sedona 2018
$400 $500 $600 $700 $800 $900
Honda Odyssey 2018
Toyota Sienna 2017
Chrysler Pacifica 2017
Dodge Grand Caravan 2017
Kia Sedona 2018
3.49 %
3.49 %
0 %
1.49 %4.19 %
1.9 %
3.99 %
3.99 %
0 %
1.99 %
1.9 %
4.19 %
7 years
(84 months)
Grand Caravan has
different rates depending on
the model
10. CarTender Inc. September 2017
3 years
(36 months)
ALL VALUES INCLUDE FEES, INCENTIVES, AND TAXES, REPRESENTING YOUR CLOSEST OUT-OF-POCKET AMOUNT.
MONTHLY LEASE PAYMENTS
4 years
(48 months)
$500 $600 $700 $800 $900 $1,000 $1,100
Dodge Grand Caravan 2017
Chrysler Pacifica 2017
Toyota Sienna 2017
Honda Odyssey 2018
Kia Sedona 2018
$500 $600 $700 $800 $900 $1,000 $1,100
Chrysler Pacifica 2017
Dodge Grand Caravan 2017
Toyota Sienna 2017
Honda Odyssey 2018
Kia Sedona 2018
2.99 %
3.99 %
1.99 %
1.99 %
5.49 %
1.9 %
2.99 %
3.99 %
2.99 %
2.99 %
1.9 %
5.49 %
11. CarTender Inc. September 2017
3 years
(36 months)
ALL VALUES INCLUDE FEES, INCENTIVES, AND TAXES, REPRESENTING YOUR CLOSEST OUT-OF-POCKET AMOUNT.
MONTHLY LEASE PAYMENTS
4 years
(48 months)
$500 $600 $700 $800 $900 $1,000 $1,100
Dodge Grand Caravan 2017
Chrysler Pacifica 2017
Toyota Sienna 2017
Honda Odyssey 2018
Kia Sedona 2018
$500 $600 $700 $800 $900 $1,000 $1,100
Chrysler Pacifica 2017
Dodge Grand Caravan 2017
Toyota Sienna 2017
Honda Odyssey 2018
Kia Sedona 2018
2.99 %
3.99 %
1.99 %
1.99 %
5.49 %
1.9 %
2.99 %
3.99 %
2.99 %
2.99 %
1.9 %
5.49 %
Odyssey becomes the
2nd cheapest minivan
to lease, and the
lowest on the top trim.
12. CarTender Inc. September 2017
3 years
(36 months)
ALL VALUES INCLUDE FEES, INCENTIVES, AND TAXES, REPRESENTING YOUR CLOSEST OUT-OF-POCKET AMOUNT.
MONTHLY LEASE PAYMENTS
4 years
(48 months)
$500 $600 $700 $800 $900 $1,000 $1,100
Dodge Grand Caravan 2017
Chrysler Pacifica 2017
Toyota Sienna 2017
Honda Odyssey 2018
Kia Sedona 2018
$500 $600 $700 $800 $900 $1,000 $1,100
Chrysler Pacifica 2017
Dodge Grand Caravan 2017
Toyota Sienna 2017
Honda Odyssey 2018
Kia Sedona 2018
2.99 %
3.99 %
1.99 %
1.99 %
5.49 %
1.9 %
2.99 %
3.99 %
2.99 %
2.99 %
1.9 %
5.49 %
The top trim Sedona
is more than the
Odyssey and Sienna!
14. CarTender Inc. September 2017
NOW FOR SOMETHING REALLY INTERESTING….
The Honda Odyssey was one of the most expensive minivans to Finance, but
one of the CHEAPEST TO LEASE.
So if you wanted to KEEP THE VEHICLE, is it cheaper to buy OR lease?
15. CarTender Inc. September 2017
NOW FOR SOMETHING REALLY INTERESTING….
The Honda Odyssey was one of the most expensive minivans to Finance, but
one of the CHEAPEST TO LEASE.
So if you wanted to KEEP THE VEHICLE, is it cheaper to buy OR lease?
Buying is always cheaper than leasing,
OR IS IT?...
16. CarTender Inc. September 2017
ALL VALUES INCLUDE FEES, INCENTIVES, AND TAXES, REPRESENTING YOUR CLOSEST OUT-OF-POCKET AMOUNT.
$500 $600 $700 $800 $900
Finance 6 yr
Lease 4yr
LX EX EX-L Touring
LX EX EX-L Touring
2.99 %
3.49 %
IS FINANCING ALWAYS CHEAPER THAN LEASING?
Let’s pick the Touring model, since it’s the cheapest to lease in top trim.
17. CarTender Inc. September 2017
ALL VALUES INCLUDE FEES, INCENTIVES, AND TAXES, REPRESENTING YOUR CLOSEST OUT-OF-POCKET AMOUNT.
$500 $600 $700 $800 $900
Finance 6 yr
Lease 4yr
LX EX EX-L Touring
LX EX EX-L Touring
2.99 %
3.49 %
Lease obligation
$777 /mth x 48 = $37,296
Finance obligation
$909 /mth x 72 = $65,448
IS FINANCING ALWAYS CHEAPER THAN LEASING?
Let’s pick the Touring model, since it’s the cheapest to lease in top trim.
18. CarTender Inc. September 2017
IS FINANCING ALWAYS CHEAPER THAN LEASING?
Let’s pick the Touring model, since it’s the cheapest to lease in top trim.
ALL VALUES INCLUDE FEES, INCENTIVES, AND TAXES, REPRESENTING YOUR CLOSEST OUT-OF-POCKET AMOUNT.
$500 $600 $700 $800 $900
Finance 6 yr
Lease 4yr
LX EX EX-L Touring
LX EX EX-L Touring
2.99 %
3.49 %
Lease obligation
$777 /mth x 48 = $37,296
Finance obligation
$909 /mth x 72 = $65,448
Vehicle buyout
$23,636 x 13% HST = $26,709
19. CarTender Inc. September 2017
IS FINANCING ALWAYS CHEAPER THAN LEASING?
Let’s pick the Touring model, since it’s the cheapest to lease in top trim.
ALL VALUES INCLUDE FEES, INCENTIVES, AND TAXES, REPRESENTING YOUR CLOSEST OUT-OF-POCKET AMOUNT.
$500 $600 $700 $800 $900
Finance 6 yr
Lease 4yr
LX EX EX-L Touring
LX EX EX-L Touring
2.99 %
3.49 %
Lease obligation
$777 /mth x 48 = $37,296
Finance obligation
$909 /mth x 72 = $65,448
Vehicle buyout
$23,636 x 13% HST = $26,709
$64,005
$65,448
20. CarTender Inc. September 2017
Notes
This study is based on vehicles sold in Ontario, Canada, and reflects pricing as of
September 2017 only.
The Financed Price is the value used for financing, not the cash selling price.
All prices and payments include fees, taxes and incentives, representing your closest out-
of-pocket amount.
This is just one combination picked for comparison purposes, meant to help in your vehicle
research. We hope you find it helpful.
Remember, prices always change, and research
takes a long time, so visit CarTender.ca for the
latest values, which you can compare in seconds.
Contact your local dealer for exact prices and payments.
21. CarTender Inc. September 2017
Help us Grow
Serving Ontario, Canada for now:
We’re adding vehicles and financing options
and we’d love to improve
@CarTenderCanada
www.CarTender.ca
22. Photo Credit
Some photos used in this presentation were used for free from Unsplash.com as below:
Photo by Carlo V. (https://unsplash.com/@carlov)
Photo by Alejandro Escamilla (https://unsplash.com/@alejandroescamilla)
Photo by Cameron Kirby (https://unsplash.com/@ckirby)
Photo by Leonardo Lacerda (https://unsplash.com/@llacerdajr)