How much did a 2004 Honda Element cost new?
In 2004, the Honda Element was a popular compact SUV that offered a unique and versatile design. The base model of the 2004 Honda Element had a manufacturer's suggested retail price (MSRP) of $16,100. This price point made the Element an affordable option for many car buyers at the time.
Factors Influencing the 2004 Honda Element's Price
The 2004 Honda Element's price was influenced by several factors, including its standard features, engine performance, and overall market demand. Let's take a closer look at these factors:
- Standard Features: The 2004 Honda Element came equipped with a range of standard features, such as air conditioning, power windows and locks, and a CD player. These features contributed to the vehicle's overall value and pricing.
- Engine Performance: The 2004 Honda Element was powered by a 2.4-liter four-cylinder engine that produced 156 horsepower. This engine provided adequate power and fuel efficiency, which were important considerations for many buyers at the time.
- Market Demand: The Honda Element's unique design and versatility made it a popular choice among buyers, particularly those who needed a practical and spacious vehicle. This high demand allowed Honda to maintain a relatively high MSRP for the 2004 model year.
Overall, the 2004 Honda Element's base MSRP of $16,100 reflected its standard features, engine performance, and the strong market demand for the vehicle at the time.
Comparing Prices Across Trims and Options
In addition to the base model, the 2004 Honda Element was available in several different trim levels and with various optional features. The prices for these different configurations varied accordingly:
- LX Trim: The base LX trim had an MSRP of $16,100.
- EX Trim: The more well-equipped EX trim had an MSRP of $17,500.
- All-Wheel Drive (AWD): Opting for the available all-wheel-drive system added approximately $1,500 to the MSRP.
- Automatic Transmission: The automatic transmission option added around $800 to the base price.
These additional features and trim levels allowed buyers to customize the 2004 Honda Element to better suit their needs and preferences, with corresponding changes in the vehicle's overall price.
What is the average price of a 2004 Honda Element?
2004 Honda Element Pricing
| Original MSRP | KBB Fair Purchase Price (national avg.) | |
|---|---|---|
| DX Sport Utility 4D | $17,990 | $6,171 |
| LX Sport Utility 4D | $18,990 | $6,430 |
| EX Sport Utility 4D | $20,790 | $7,490 |
What is special about Honda Element?
The Honda Element is a compact crossover SUV manufactured by Honda and marketed in North America over a single generation for model years 2003–2011 — and noted for its boxy exterior styling with bi-parting side doors and its boxy, flexible interior layout.
What is the blue book value of a 2004 Honda?
2004 Honda Civic pricing starts at $3,194 for the Civic DX Sedan 4D, which had a starting MSRP of $13,500 when new. The range-topping 2004 Civic GX Sedan 4D starts at $3,745 today, originally priced from $21,250. KBB Fair Purchase Price (national avg.)
How many miles will a 2004 Honda Element last?
We mentioned that a typical Honda Element can last 250,000-300,000 miles. Thus, high mileage for the car is anything over 200,000 miles and closing in on 250,000. By this point, the Element is much more likely to experience issues that cost more to repair than the car did.
Are Honda Elements going up in value?
Are Honda Element prices increasing or decreasing? As overall pricing trends have decreased -0.73% in the past month, Honda Element prices have similarly declined by -2.9%.
How long will a Honda Element engine last?
Like any car, quite a long time if maintained well. Unlike any car, it's a Honda with a bullet proof K24 engine and minimal electronics/tech. Many owners on here with 300,000+ miles and some with 500,000 plus. We are all biased but an argument could me made that this is one of the most reliable cars Honda has made.
Why was Honda Element discontinued?
The automaker marketed the crossover to a younger, active crowd, but it ended up becoming popular with older drivers instead. This issue was compounded by the Element's price, which was simply out of reach for its intended audience.
Do Honda vehicles hold their value?
Do Hondas Hold Their Value Well? If you're looking for an affordable car that holds its value well over time, Honda models are one of the best choices on the market. Though some other brands might offer cheaper models, Hondas typically retain a lot of their value.
What is the rarest Honda Element?
I believe the rarest 3 are: Eternal Blue Pearl (first half of '04, switched to Fiji Blue Pearl after) Cargo Khaki ('05 only)
What was the best year for a Honda Element?
Overall, these years (2005, 2006, 2009, 2010, and 2011), are often regarded as the peak of Honda Element reliability.
