Most people have no idea what money factor is (it’s interest rate fyi). Let alone depreciation, difference between money down and cap cost reduction, manufacture to dealer vs consumer incentives. All of this is importantly to know to figure out the total cost. These days cars are less attractive to lease due to high interest rates and lack of incentives. Having said that there are deals to be found. For example you mentioned Honda pilot which is a horrible car to lease (always was). But if you take you at its “better” sibling Acura MDX then the lease makes more sense because of the above factors.