2026 Honda Passport Lease: The new Honda Passport could be an incredibly expensive SUV to lease. According to our analysis, the lowest lease price for the 2026 Honda Passport could cost at least $750 per month. In some cases, this could make the redesigned Passport more than 45% more expensive than a Ford Bronco and nearly 60% more than a Jeep Wrangler.
The previous model, the 2025 Honda Passport, offered a more economical lease option. The base EX-L trim was priced at $429 per month, with a $4,899 payment due at signing, resulting in an effective monthly cost of $565. This means that leasing the 2026 model is nearly 25% more expensive than its predecessor.
About the 2026 Honda Passport Lease
The 2026 Honda Passport is a midsize SUV that features a panoramic sunroof, a power tailgate, and adaptive cruise control. Leasing the Honda Passport can be a good option thanks to the variety of offers, options, and lease packages.
The estimated average lease payment for the Honda Passport is $647 per month, with a $2,000 due at signing, for a 36-month term and a 12,000-mileage limit.
The estimated average monthly payment for the same lease, but with 24- or 48-month terms, is $758 and $620 per month, respectively.
Understand the Lease Terms
The 2026 Honda Passport is priced at $714 for 36 months, with a $1,309 payment due at signing using the company’s online payment calculator. Pricing is based on a suggested retail price (MSRP) of $46,200, including destination charges for the base RTL trim and 10,000 annual miles in Southern California. Its actual cost is approximately $750 per month.
To put this in perspective, the 2024 Ford Bronco Big Bend is priced at $399, with a $4,099 payment due at signing, or $513 per month, including a trade-in assistance bonus.
That’s $237 per month less than the new Passport and a 46% price difference. The 2024 Jeep Wrangler Sport 4-door is priced at $366, with a down payment of $3,999, or $477 per month.
Comparison with Other Vehicles
The most affordable Passport is 57% more expensive than the Wrangler lease. This huge price difference could make the redesigned Honda a tough sell. According to dealer incentive bulletins, the 2026 Honda Passport will launch without purchase or lease incentives. This means no special rates or loyalty offers.
By comparison, the 2025 Honda Passport might seem like a bargain. The base EX-L model is priced at $429 with a $4,899 down payment at signing, or $565 per month. That’s $185 per month, nearly 25% less than the redesigned SUV. Since the 2026 Honda Passport’s incentives may improve, buyers should wait.
Read Also: 2025 Chevy Silverado EV $699/mo Lease
Differences Between Leasing and Financing a Car.
Buying a new vehicle is often expensive, so we’ll help you choose a method that’s affordable for you. There are two methods for buying a car: leasing or a loan.
Both methods have their advantages and disadvantages, and we’ll explain them here so you can keep them in mind when deciding to buy a new vehicle.
Honda Passport Lease Options
| Miles/Year | 24 months | 36 months | 48 months |
|---|---|---|---|
| 10,000 | $740/mo | $636/mo | $611/mo |
| 12,000 | $758/mo | $647/mo | $620/mo |
| 15,000 | $776/mo | $670/mo | $636/mo |
| 18,000 | – | – | – |
Benefits of Leasing a Honda Passport?
- Your monthly lease payments and total monthly cost may be lower than with a traditional finance loan.
- You don’t have to go through the hassle of selling the vehicle once your lease ends.
- Lease terms are typically shorter than those of an auto loan.
- You have the option to turn in the vehicle at the end of the lease and get a new one.
Cons of Leasing a Vehicle
- You are not the owner of the vehicle.
- There are annual mileage limits.
- There may be a penalty if you terminate the lease early.
- A lease is a binding contract.
- Once signed, a lease becomes a legally binding agreement between you and the leasing company.
In exchange for using the car for a specific period, you agree to make a monthly payment. If you breach the contract due to nonpayment, you will be required to return the car.
Read More: Is It Better To Leasing a Car VS Buying a Car
Is Leasing the 2026 Honda Passport Worth It?
Leasing the 2026 Honda Passport can be a good option if you value driving a new vehicle with the latest features and technology. However, it’s essential to consider your budget and compare lease offers for other vehicles in the same class. The Passport’s higher lease cost can be justified by its reliability, features, and overall performance, but it’s crucial to weigh these advantages against the cost.
