How much do

How much do you have to make in order to comfortably afford a brand new Honda Odyssey? We have different trims to choose from, but today we're gonna go with the Touring version. And for this one, our total comes out to $50,000. With a 7% tax rate, that's $54,000. And after putting down 20% or around $11,000, you need to borrow $43,000 at a 6.7% interest rate over five or 60 months. And that brings your monthly car payment to around $850. The average annual insurance rate for a Honda Odyssey is around $1,252, or around $104 per month. Be sure to check the link in my bio to see if you could find a cheaper insurance one that you have for yourself. The average annual maintenance cost for a Honda Odyssey is around $550, or around $45 per month. So this brings your total monthly car payment to around $1,100, which should be 10% of your monthly gross income. Then you times that by 12, so that means you need to make around $140,000 in order to comfortably afford a brand new Honda Odyssey.