How much does a Honda Element go for?
The Honda Element, a compact crossover SUV produced from 2003 to 2011, typically sells for between $5,000 to $15,000 on the used car market, depending on the vehicle's age, mileage, and condition. The Element was known for its unique boxy design and versatile interior, making it a popular choice for those seeking a practical and affordable SUV.
Overview of the Honda Element
The Honda Element was introduced in 2003 as a compact crossover SUV, designed to appeal to a younger, active demographic. It featured a distinctive boxy shape, a spacious and configurable interior, and a range of practical features that made it a popular choice for outdoor enthusiasts, college students, and small families.
The Element was available in both two-wheel-drive and four-wheel-drive configurations, and was powered by a 2.4-liter four-cylinder engine paired with either a five-speed manual or a four-speed automatic transmission. Over its eight-year production run, the Element underwent a few minor design updates, but its core functionality and unique styling remained largely unchanged.
Factors Affecting Honda Element Prices
The price range for a used Honda Element can vary significantly based on several key factors:
- Age and Mileage: Older Honda Elements with higher mileage will generally sell for lower prices, while newer models with lower mileage will command higher prices.
- Condition: The overall condition of the vehicle, including the interior, exterior, and mechanical components, will greatly impact the selling price. Well-maintained Elements in excellent condition will fetch higher prices.
- Trim Level and Options: Higher-end trim levels, such as the EX or SC, with additional features and amenities, will typically sell for more than base-model LX versions.
- Demand and Location: The demand for used Honda Elements in a particular geographic region, as well as the overall supply of available vehicles, can also influence pricing.
By considering these factors, prospective buyers can better understand the range of prices they can expect to pay for a used Honda Element in their local market.
Conclusion
The Honda Element was a unique and practical compact crossover SUV that appealed to a wide range of buyers during its production run. While prices for used models can vary significantly, the typical range of $5,000 to $15,000 reflects the Element's enduring popularity and the ongoing demand for this versatile and affordable vehicle.
How much is a 2007 Honda Element worth?
A 2007 Honda Element is worth between approximately $2,000 and $8,000, depending heavily on its condition, mileage, trim level, and location. Private party sales typically range from $4,900 to $8,144, while trade-in values are around $3,884 to $4,806.
Value by selling method
- Private sale: Approximately $4,900 to $8,144, depending on condition and specific features.
- Trade-in: Around $3,884 to $4,806.
- For sale listings: Prices can vary widely, from around $4,995 for a basic model to over $10,000 for a low-mileage or exceptionally well-maintained example.
Factors that influence the price
- Condition: Vehicles with excellent mechanical and cosmetic condition will command higher prices. A car with significant damage or a poor maintenance history will be worth less.
- Mileage: Lower mileage generally means a higher price, especially given the Element has been out of production since 2011.
- Trim level: The EX, LX, and SC trims have different features and original MSRPs, which can affect their resale value.
- Location: Prices can vary based on local market supply and demand.
How much are Honda elements worth?
The value of a used Honda Element depends on its model year, mileage, condition, and options, with prices generally ranging from about $2,000 to over $18,000. For example, a 2011 model in typical condition might be valued between $2,029 and $8,363, while a lower-mileage 2010 EX could be listed for around $18,998. For the most accurate valuation, it's best to use online appraisal tools from sites like Kelley Blue Book or Edmunds.
Factors that influence value
- Model Year: Newer models typically have a higher value.
- Mileage: Lower mileage increases the value.
- Condition: The vehicle's overall condition (e.g., damage, maintenance history) significantly impacts its price.
- Trim and Options: Higher trims like the EX or SC may command a higher price, as can features like all-wheel drive, notes CarGurus.
Examples of used Honda Element values
- 2011 Honda Element EX: Listed for $18,998 with 69,469 miles Carfax
- 2010 Honda Element EX: Listed for $12,998 with 159,184 miles Carfax
- 2008 Honda Element SC: Listed for $15,860 with 87,700 miles Edmunds
- 2006 Honda Element EX-P: Listed for $4,994 with 215,455 miles Carfax
What year Honda Element to stay away from?
What are the worst Honda Element years? If you're going to avoid a specific model year, the 2003 Honda Element has received more complaints from owners online than any other. Generally, though, the Element is a reliable and durable used car.
How much is a 2005 Honda Element worth today?
The value of a used 2005 Honda Element ranges from $1,013 to $4,938, based on vehicle condition, mileage, and options. Get a free appraisal here.
